4min chapter

The Defiant - DeFi Podcast cover image

UMA's Hart Lambur Says The Current Market Crisis Is A Sales Pitch For DeFi

The Defiant - DeFi Podcast

CHAPTER

Making Finance Universally Accessible

The mission of uma is to make financial instruments universally accessible. Initially, the way to do that was through derivative tokens like edno and defit. But now i'm really interested in this shift from derivatives into more kind of the oracle aspect the solution. Why? Because real world assets are not particularly of interest to a lot of crypto users right now. And so we realize that our better way of show casing what uma can do is to focus on our oracle concept but also get any arbitrary bit of data for it.

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