CoinGape
2020-08-28 17:19:57

Little Known DeFi Token OverTakes MakerDAO in MCap, Is YFI Next?

UMA a platform for creating synthetic financial contracts is quickly rising up the ranks as it’s governance token takes on MakerDAO (a leader before May) in market capitalization. A close second to MakerDAO is yearn.finance’s $YFI token; which is only short $4 million in total market capitalization compared to MakerDAO. UMA enables synthetic derivative contracts

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