UMA — In Case You Missed It Issue #2 Week Ending Feb 14th

Ocean backed stablecoinOcean Finance in their mission to “Unlock data, for more equitable outcomes for users of data, using a thoughtful application of both technology and governance” have teamed up with OpenDAO to offer the $Ocean0 stable coin, using UMA’s optimistic oracle. An incentivised $OceanO/$USDC liquidity pool will allow minters to quickly convert to $USDC for deployment elsewhere. If you’re an OCEAN holder, but want to free up some capital for further investments, the $OceanO stable coin was created with you in mind.