*Inflation figures shown here reflect circulating (market) inflation and may differ from a coin’s projected, policy (planned) inflation.
What is Uma?
UMA is a decentralized oracle and synthetic asset protocol on Ethereum that enables developers to design and trade customized financial contracts without trusted intermediaries. It uses Data Feeds and the Optimistic Oracle to securely bring real-world data on-chain, enabling a wide range of synthetic assets and derivatives. The UMA token (UMA) governs the protocol, funds governance, and incentives that align participants to keep data accurate and contracts fair.
Why does Uma have inflation?
UMA does not have a built-in, ongoing inflation schedule in its core design; there is no continuous minting for protocol security. Any inflation-like effects would come from governance-approved distributions or incentive programs, which are outlined in official UMA tokenomics.
How is Uma inflation calculated?
Uma inflation is calculated by comparing the circulating supply from one year ago to today’s supply. The percentage increase in supply over that period is the annual inflation rate. Learn more in our guide: What is cryptocurrency inflation?.
How is Uma emission calculated?
Uma emission refers to how new coins enter circulation, usually through mining or staking rewards. The emission rate depends on the project’s monetary policy and block reward schedule. Learn more in our guide: What is cryptocurrency emission?.
