What is the fully diluted valuation of Uma (Uma)?

The fully diluted valuation (FDV) of UMA (UMA) is $158,505,345. This is a statistical representation of the maximum market cap, assuming the maximum number of 120 Million UMA tokens are in circulation today. Depending on how the emission schedule of UMA tokens are designed, it might take multiple years before FDV is realized.

What happened to AUD/USD?

The AUD/USD pair kept falling in the last few days, reaching a fresh multi-week low of 0.7263 on Friday, to close the trading week a handful of pips above it. EUR/USD rebounded during the American session and climbed to 1.0715 as the US Dollar retreated, accompanied by lower Treasury yields.

How will Powell's speech affect the AUD/USD?

The US Dollar strengthens ahead of Powell’s speech. RBA Bullock kept hopes of further rate-tightening alive, citing that the progress in inflation declining to 2% has slowed. On the daily chart, the AUD/USD continues to move between the 20-day Simple Moving Average (SMA) and the 55-day SMA (0.6505).

What is Uma & how does it work?

UMA is an optimistic oracle (OO) that can record any knowable truth onto a blockchain. It tells smart contracts “things about the world” so contracts and markets asking for that data can be settled. The OO has been called “a human-powered truth machine” because it is flexible enough to handle ambiguity and expands the design space possible in web3.