The UMA protocol simplifies synthetic asset creation, offering users a decentralized platform for trading virtually any type of crypto asset. Leveraging its innovative Priceless Financial Contract Design and […]
MakerDAO Protects Whales from Liquidation Amidst ETH Price Drop
MakerDAO’s Oracle System intervened to safeguard large whale positions amidst a downturn in Ethereum prices. This system, known as the Oracle Security Module (OSM), delayed price updates, preventing […]