UMA's Optimistic Oracle empowers contracts with swift and efficient data retrieval capabilities.
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UMA’s Optimistic Oracle revolutionizes the process of obtaining data information for contracts. By leveraging this oracle, contracts can swiftly request and acquire data without any delays. The oracle introduces a unique approach where price proposals are only forwarded to the Data Verification Mechanism if a dispute arises. This mechanism ensures that developers can effortlessly access price information for any desired duration, eliminating the need for on-chain price storage.
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