Over 2 million oracle requests and counting.
UMA’s Optimistic Oracle passed its 2 millionth request on August 17.
The second million took just 69 days.
Nice.
UMA Emissions Reduction Proposal
Summary:
The UMA DAO should reduce the current emissions rate from 0.130 UMA/s to 0.095 UMA/s to reduce token inflation and better align with current market conditions and improve UMA’s long-term token economics.
Full proposal below ↴
Here's how onchain prediction markets market share by revenue currently looks like
Total monthly revenue in May across all four platforms is $30.66M. Polymarket dominates with 86.7% share, Limitless is a distant but meaningful second at 11.6%, and Predict and Opinion together
