UMA: Synthetic Assets Unleashed
A dive into the new synthetic asset protocol on Ethereum
|Fitzner Blockchain||May 26|
In an industry driven by the creation of new financial primitives, protocols like UMA have paved a strong foundation for anyone to create a synthetic asset in a permissionless fashion.
UMA - short for Universal Market Asset - provides a suite of tools for users to create derivatives based on an underlying reference index of their choosing. Here’s a quick…