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White smoke emerges from the Sistine Chapel as a new pope is chosen. Robert Prevost, the first American pope, will take the name Leo XIV. UMA secures @Polymarket's "Who will be the next Pope?" market, which saw approximately $30 million in volume.
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Who do you think would be more effective at making UMA proposals?
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UMA is the “I told you so” oracle.
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The math behind the truth: Fault Tree Analysis shows 99.28% reliability when proper economic incentives are in place. UMA’s real-world performance? 98.6% of requests resolved without dispute.
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UMA Emissions Reduction proposal #2 is live for comment. A yes vote means that you would like to decrease the emissions rate from 0.155 UMA/s to 0.130 UMA/s. This would lower the staking rewards APR from the current 20% to an estimated 16.8%. A no vote means that you would like to keep the emissions rate at 0.155 UMA/s
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