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Learn Universal Market Access.
Earn UMA.

The UMA protocol lets developers create and manage derivatives on Ethereum. Learn how it works and earn free UMA tokens.

Note: new customers must wait 24 hours and fulfill all eligibility criteria to earn UMA. Supplies are limited.
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Beginner lessons

Watch our introductory lessons to start learning about Universal Market Access. Each lesson takes under a minute to complete.

Lesson 1

What is UMA?

The UMA protocol provides the infrastructure for developers to create and manage derivatives and other decentralized financial products on the Ethereum network.

3 minute video
Lesson 2

How does UMA work?

Investors can obtain derivatives by locking an asset into an UMA smart contract. The value of the collateral is monitored by liquidators, who are in turn monitored by disputers.

3 minute video
Lesson 3

How can I participate in UMA?

Anyone who holds UMA tokens can participate in UMA governance and receive more UMA as a reward. Developers can also create new derivatives using any form of data, including non-financial info.

3 minute video

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