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TechFlow reported, according to The Block, the Uma protocol token surged over 90% to break above $4.40 after signaling a potential plan to offer a solution protecting lending protocols from maximum extractable value (MEV), reaching its highest market capitalization since mid-2022.
Uma stated that this product will focus on safeguarding lending protocols. Co-founder Hart Lambur indicated the solution is expected to launch next week.
According to The Block, the Uma protocol token surged over 90%, breaking above $4.40 and reaching its highest market value since mid-2022, after hinting at a potential solution to protect lending protocols from maximum extractable value (MEV). Uma stated that this product will focus on safeguarding lending protocols, and co-founder Hart Lambur indicated the solution is expected to launch next week.
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