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KPI Options goes LiveAfter much anticipation, UMA’s KPI Options are now available to claim. Each options is worth between 0.1 and 2 $UMA each dependent on the TVL of UMA on 30th June 2021. Keen to get their mitts on more, our community has set up a secondary market on Sushiswap where uTVL tokens are trading at a significant premium reflecting anticipated TVL growth and the commitment of our community to maximise the value of their airdrop.
XIO Accelerator LaunchPhase 1 of the XIO Accelerator Launch kicked off with an interview from Hart for Round the Block with Lea Thompson.
Zachary Dash, the founder of Blockzero Labs, will also be creating a deep-dive macro-level explainer video of the UMA protocol premiering on Monday, April 5th, while $10,000 worth of XIO and 400 uTVL Options are available as rewards for community produced video walkthroughs and explainer overviews. See the article from BlockZero Labs for more details and how to submit Phase 1Â entries.
Bumper Round of Expiring ContractsIts been a busy week for UMA voters with an extravaganza of expiring contracts to settle, with over 10 contracts reaching their expiry date and being resolved through the DVM.
SuperUMAn UpdateAmazing to see members of our community raise their hands to be superUMAns, Check out Clayton Roche’s video update for a round up of what is happening within the community, some alpha leaks and calls to action for members of other Defi communities to raise awareness of the possibilities of UMA’s KPI and Call Options, and how Defi communities can cooperate to build the space.
Open Dollar LaunchThanks to a collaboration with OpenDao, Ocean can now be used as collateral within an UMA contract to mint Open Dollars allow leverage on holdings. With a 12 month expiry, this enables holders to retain their Ocean exposure, while putting their assets to work over a significant time frame. Open Dollars can be swapped to USDCÂ , or to earn UMA and BAL rewards by supplying liquidity on Balancer in the ODollar/USDC pool.
SushiUNI TVL snacksHot on the heels of their launch of Defi Pulse TVL synthetic, TVL snacks have now launched a SushiUNI TVL synthetic. SUSHIUNI is a comparison token between Sushiswap TVL and Uniswap TVL with its value being the ratio of the TVL of these two projects multiplied by 10 USD. If you think Uniswap will out preform Sushiswap you should mint and sell this token. Alternatively, buy and hold until expiration to long SushiSwap!
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