PANews reported on August 12 that UMA, the oracle provider for Polymarket, passed the UMIP-189 proposal to upgrade the oracle contract from OOV2 to MOOV2, allowing only whitelisted users to submit market resolution proposals. This move aims to reduce disputes and improve market efficiency, especially for non-controversial markets such as sports and crypto prices. The new contract has been tested on the Polygon mainnet and is expected to gradually migrate to the production environment.
UMA updates oracle to restrict proposal permissions and optimizes Polymarket solutions
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