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#Write2Earn! #UMA/USDT Rank No. 245 Market Cap $166.48M Fully Diluted Market Cap. $244.46M Market Dominance. 0.0079% Circulation Supply. 81.8M UMA Total Supply. 120.11M UMA Issue Date 2020-04-29 Issue Price. $0.26 All Time High. $43.3693 (2021-02-04) All Time Low $1.1625 (2020-05-25)$ Introduction UMA's optimistic oracle is a decentralized truth machine. The oracle can verify any statement proposed on the blockchain. It provides real world data so smart contracts and markets asking for that data can be settled. The project consists of the following major components working in conjunction: Optimistic Oracle (OO): UMA's Optimistic Oracle allows contracts to quickly request and receive information. The OO provides that "real-world" data optimistically, which means that data is accepted as true unless anyone disputes the information. Data Verification Mechanism (DVM): If a dispute is raised, a request is sent to the Data Verification Mechanism (DVM). Disputes sent to the DVM will be resolved after 48 hours after UMA token holders have voted to validate the off-chain data. specialty UMA (Universal Market Access) is a decentralized financial contracts platform built on Ethereum. Its specialty lies in enabling the creation of synthetic assets that track the value of real-world assets, such as commodities or fiat currencies, without requiring the assets themselves to be held in custody. UMA uses a unique approach called "priceless financial contracts," which allows counterparties to design and create their own financial contracts using economic guarantees rather than relying on an external price feed. This design aims to provide a more flexible, decentralized, and cost-effective way to create and manage synthetic assets and financial derivatives on the blockchain.
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$BTC h #BinanceTournament #AirdropGuide #CPIAlert #altcoins
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BINANCE AIRDROP Binance recently announced multiple airdrop initiatives. One of the major ongoing activities is the airdrop involving the Polyhedra Network, where users can earn up to 200 tokens by completing specific tasks like transferring BNB, USDT, ETH, or NFTs between networks using zkBridge. The total prize pool for this event is 1,000,000 Polyhedra Network tokens, and participants must use a Binance Web3 Wallet created on Binance to qualify [oai_citation:1,Binance Web3 Wallet Airdrop: Grab Your Share of 1,000,000 Polyhedra Network Tokens! | Binance Support](https://www.binance.com/en/support/announcement/binance-web3-wallet-airdrop-grab-your-share-of-1-000-000-polyhedra-network-tokens-202b6deb38d946d5951591ab5f26687c) [oai_citation:2,Binance Launches $80,000 Airdrop for Web3 Wallet Users](https://www.bsc.news/post/binance-launches-80-000-airdrop-for-web3-wallet-users). Additionally, Binance has a comprehensive Airdrop Portal that allows users to track all current and past airdrops. This portal helps users verify their eligibility, view detailed information about airdrop events, and see the rewards they have received [oai_citation:3,What Is Binance Airdrop Portal and How to Use It | Binance Support](https://www.binance.com/en/support/faq/what-is-binance-airdrop-portal-and-how-to-use-it-bfe58f27d14d4326805e728786986879). For more information and to participate in these airdrops, you can visit the Binance website and navigate to the Airdrop Portal or specific airdrop activity pages.$#EarnFreeCrypto2024 #Megadrop #Write2Earn! #BinanceLaunchpool
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Binance Pool is a comprehensive cryptocurrency mining platform launched by Binance, aimed at providing mining services to miners around the world. It supports mining for various cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH). Binance Pool integrates closely with the Binance ecosystem, allowing miners to easily transfer their mined coins to the Binance exchange for trading or other uses. Key features of Binance Pool include: 1. **High Efficiency and Low Fees**: Binance Pool offers competitive mining fees and efficient mining services to maximize miners' profits. 2. **Comprehensive Services**: Beyond mining, Binance Pool provides services such as savings and lending, allowing miners to earn interest on their holdings. 3. **Security**: The platform leverages Binance’s robust security infrastructure to protect miners' assets. 4. **Integration with Binance Ecosystem**: Miners can benefit from the seamless integration with Binance's exchange, providing ease of liquidity and additional financial services. Binance Pool also features various mining modes and tools to help miners optimize their operations, making it a popular choice among both individual miners and large mining farms.#EarnFreeCrypto2024 #whrite2earn #BinanceLaunchpool #BinanceLearning
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Binance Binance is a global cryptocurrency exchange platform founded in 2017 by Changpeng Zhao. It is known for offering a wide variety of cryptocurrencies for trading, as well as for its high trading volumes. Binance provides services such as spot trading, futures trading, staking, and various other financial products related to cryptocurrencies. The platform also has its own native cryptocurrency, Binance Coin (BNB), which is used to pay for trading fees on the exchange and participate in various activities within the Binance ecosystem. Binance has faced regulatory challenges in several countries but continues to be one of the most prominent and influential players in the cryptocurrency market. Its features include advanced trading tools, a robust security system, and a user-friendly interface, making it popular among both novice and experienced traders.#EarnFreeCrypto2024 #binanceairdrop #cryptoboy8888 #whrite2earn $BNB
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