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.