UMA announced oSnap support would be deprecated on December 15, 2025, after which oSnap could no longer execute transactions from DAO Safe treasuries.
UMA and Snapshot launched oSnap, enabling gasless Snapshot voting with on-chain execution via Safe multisig wallets, validated by UMA's oracle.
UMA launched Across Protocol, an L2-to-L1 bridging solution secured by UMA's Optimistic Oracle, offered to the community to take over as co-founders.
Co-founder Hart Lambur announced the Optimistic Oracle, which lets anyone push data on-chain and only escalates disputes to UMA tokenholder voting; the code had been audited by OpenZeppelin and secured ~$200M in synthetic tokens.
UMA held the first initial decentralized exchange offering, listing the $UMA token on Uniswap at ~15:00 UTC on Wednesday, April 29th.
After being founded in December 2018 by Allison Lu and Hart Lambur, the UMA protocol was launched as an open-source project in June 2019.
Hart Lambur announced UMA, a decentralized financial-contracts platform, and disclosed that Risk Labs raised a $4M seed round led by Placeholder with participation from Bain Capital Ventures, Blockchain Capital, Coinbase Ventures, and Dragonfly Capital.
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