UMA (UMA) Gets Listed on KuCoin! Enjoy 30% OFF on Trading Fee!

UMA (UMA) Gets Listed on KuCoin! Enjoy 30% OFF on Trading Fee!

09/04/2020, 13:30:00

Dear KuCoin Users,

KuCoin is extremely proud to announce yet another great DeFi project coming to our trading platform. UMA (UMA) is now available on KuCoin. Supported trading pair is UMA/USDT.

KuCoin will offer a 30% discount on all levels of UMA trading fee. The discount on UMA trading fees will last for one month after listing.

Campaign Period: 18:00:00 on September 7, 2020 to 18:00:00 on October 7, 2020 (UTC+8)

Please take note of the following schedule:

  • Deposit: already open
  • Trading UMA/USDT : 18:00:00 on September 7, 2020 (UTC+8)
  • Withdrawal: 22:00:00 on September 7, 2020 (UTC+8)

Project Summary

Total SupplyMarket CapIssue DateConsensus Protocol
100,707,090$955,394,5142020-04-30ERC20
Circulating Supply24hr VolumeIssue PriceCryptographic Algorithm
54,717,315$25,313,620$0,2675-

* The key metric numbers are calculated as at September 4, 2020

UMA describes itself as a protocol for building synthetic assets. It aims to allow users to write self-enforcing smart contracts with economic guarantees.

UMA is designed to power the financial innovations made possible by permissionless, public blockchains, like Ethereum. Using concepts borrowed from fiat financial derivatives, UMA defines an open-source protocol that allows any two counterparties to design and create their own financial contracts. But unlike traditional derivatives, UMA contracts are secured with economic incentives alone, making them self-enforcing and universally accessible.

Official Website: https://umaproject.org/

Whitepaper: Click to view

Risk Warning: Investing in cryptocurrency is akin to being a venture capital investor. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. KuCoin attempts to screen all tokens before they come to market, however, even with the best due diligence, there are still risks when investing. KuCoin is not liable for investment gains or losses.

Regards,

The KuCoin Team