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What is the issuance and circulation of UMA coins?
On June 8, 2020, the token sale for UMA coins raised approximately $11 million by selling 64 million tokens.
Oct 11, 2024 at 11:05 pm
- Issuance of UMA Coins:
- UMA coins were initially issued through a token sale held on June 8, 2020.
- During the sale, 64 million UMA tokens were sold, raising approximately $11 million.
- Circulation of UMA Coins:
- As of October 2022, there are approximately 119 million UMA coins in circulation.
- UMA coins are traded on various cryptocurrency exchanges, including Binance, Coinbase, and Gemini.
- The circulating supply of UMA coins is expected to increase over time as more blocks are mined and distributed to validators.
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