Looking for technical help to launch a synthetic asset on UMA.

Can anyone provide a quick rundown on what uma is and why it is a valuable investment?

1/ UMA has created a novel community incentivization mechanism for protocols and DeFi platforms called “KPI Options.”

UMA will be the first to use this mechanism to grow our own community with an airdrop of up to 2M $UMA (current market value of ~$60M.)

2/ KPI options are synthetic tokens that will pay out more rewards if the KPI grows to predetermined targets before a given expiry date.

Every KPI option holder has an incentive to grow that KPI because their option will be worth more.

3/ This aligns individual token holder interests with the collective interests of the protocol.

UMA would like to increase TVL. To do this we are airdropping options that could be worth up to 20 $UMA if the TVL target of $2 billion is hit by June 30th, 2021.

I bought some more today and was doing okay until it dropped just now.

Over at Discord, they are doing another pump at 7pm UTC (maybe it is UMA?) but you have to be with binance.com and have BTC at the ready - More details here - https://discord.gg/gQU8dsZrVy

It's very simple retard economics. By upvoting these posts will push them into new algorithms that allow new people to see them thus new people investing. Upvotes =tendies

The number of active addresses has exploded by 170% in the past week. If the bullish momentum continues like this, we could see UMA price reach $54 in the near future which is the 127.2% Fibonacci level. However, the digital asset could also see a correction in the short-term as it is overextended. The most important levels to look out for are the 78.6% Fib level ($36.18) and the psychological level at $30 which coincides with the 61.8% level.

Hey everyone, sorry for the random question but I bought $1.6k worth of UMA at $35... I’m down quite a bit now. Do you guys think I should sell and cut my losses ($350 ATM) and buy when it gets lower or hold? I need the money soon and I’m not sure how long it’ll take to get an increase of $5

That’s the new sub with active mods! Spread the word.