TheBlock
2020-05-21 16:02:43

UMA’s new ETH/BTC synthetic token is its first one with a ‘priceless’ design

A new synthetic token designed to track the ETH/BTC price ratio in a way that minimizes the need for an oracle has launched on Ethereum. The so-called ETHBTC token is the first to utilize the “priceless” synthetic token infrastructure developed by Universal Market Access (UMA). UMA is a financial contract platform that aims to build […]The post UMA’s new ETH/BTC synthetic token is its first one with a ‘priceless’ design appeared first on The Block.

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