UMA Staking
UMA (UMA) staking data is not available on Staking Rewards. You can still convert token prices, estimate your rewards and explore reward options for similar proof-of-stake assets.
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Learn about UMA Staking
What is UMA?
UMA is an infrastructure that lets users deploy and trade synthetic assets on Ethereum with minimal use of an on-chain price feed. UMA positioned itself as the “priceless” derivatives platform and relied on a system of economic incentives.
UMA allows anyone to create collateral-backed synthetic assets on-chain including S&P 500, Gold, Tesla stock, etc.
How to Stake UMA?
You can lend UMA to a qualified custodial lending provider and earn an APY.
How did UMA Launch?
The Risk Labs Foundation initially created 100M UMA tokens. The token distribution is as follows:
Risk Labs Foundation deposited 2,000,000 UMA tokens into a Uniswap liquidity pool
35,000,000 tokens will be distributed to developers and UMA users. The mechanics of this distribution have not been finalized.
15,000,000 tokens were allocated to investors
33,500,000 are held by Risk Lab’s Founders and early contributors. All individual token grants are subject to a 4-year vesting schedule
14,500,000 are reserved for future token sales
How much can I earn Staking UMA?
Based on current market examples you can earn around 3% APY for lending your UMA.
Any risks to staking UMA?
There are risks associated with using a custodial lending provider, please research appropriately.
Who is the team behind UMA?
UMA was founded in 2018 by Allison Lu and Hart Lambur, two ex Goldman Sachs traders, with the goal to enable users to transfer risk across the internet without the need of central authorities.
What is the 24h Trading Volume of UMA (UMA)?
How has the price of UMA changed over the past 24h?