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.
From 1 million to 2 million: an average of 14,409 requests every day.
Most of that activity comes from prediction markets like @Polymarket and @predictdotfun.
Agents can negotiate, pay, and execute - but none of it holds together.
Today we are introducing Internet Court, which is the open skill that connects the entire agentic commerce stack into one flow, so any two agents can run a deal end to end.
→ https://t.co/vBZoQ2hHfE
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 ↴
Rationale: Risk Labs operates the gas rebate program to encourage more users to participate in voting to resolve disputes. Therefore, delegates operated on behalf of a voting pool do not meet the program's intent.
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 make up the remaining ~1.7%.
We are monitoring the situation and working closely with the Polymarket team.
User funds and market resolutions are safe.
UMA contracts and systems are unaffected and not exploited.
Follow @polymarketdevs for updates.
We’re aware of the security reports linked to rewards payout. User funds and market resolution are safe.
Findings point to a private key compromise of a wallet used for internal top-up operations, not contracts or core infrastructure.
More updates to follow.
Stake your take across crypto, politics, sports, and more.
Prediction Markets are now live, thanks to @predictdotfun’s seamless integration with Binance Wallet.
Learn more 👉 https://t.co/NhmLXYLqR8
@yzilabs "we are doubling down on the direction and team we believe will mainstream verified truth markets, and push the onchain adoption one step further." - @ellazhang516
Awesome stuff, congratulations.