New ATH for UMA coming sooner than you think
Zoom out on the weekly to see the near-perfect technical setup.
On the fundamental side:
- AcrossProtocol is launching it's L2 to L1 bridge next week and will use UMA's OO (optimistic oracle). All of the ownership will also be distributed to the community (which is likely going to be to UMA holders).
- A project called FIAT DAO is letting UMA holders farm their FDT governance token starting next week.
Regardless of the amazing technical setup, I think UMA will be in high demand just for the above two reasons. I feel a huge green burst can happen any day now.
On the fundamental side:
- AcrossProtocol is launching it's L2 to L1 bridge next week and will use UMA's OO (optimistic oracle). All of the ownership will also be distributed to the community (which is likely going to be to UMA holders).
- A project called FIAT DAO is letting UMA holders farm their FDT governance token starting next week.
Regardless of the amazing technical setup, I think UMA will be in high demand just for the above two reasons. I feel a huge green burst can happen any day now.
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