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CoinGape
2024-01-24 04:01:24

Breaking: UMA Launches Oval To Capture Oracle-Locked Value

Breaking: UMA Launches Oval To Capture Oracle-Locked Value

Blockchain oracle UMA has launched Oval, a solution that lets Decentralized Finance (DeFi) lending protocols capture Oracle Extractable Value (OEV) by auctioning the right to liquidate positions. Uma Oval to Serve DeFi Protocols Precisely, with Uma Oval, these DeFi protocols will be allowed to tap the value that emerges during Oracle updates via the OEV. The post Breaking: UMA Launches Oval To Capture Oracle-Locked Value appeared first on CoinGape .

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