fxstreet.com 12 Feb, 2021 13:45 am

UMA to airdrop KPI option tokens while price prepares for 35% breakout

UMA project announced the launch of a new incentivization mechanism called KPI Option via air-drop. An interesting inclusion was that the token being

UMA project announced the launch of a new incentivization mechanism called KPI Option via air-drop.UMA’s incentivization mechanism called “KPI Option” is pegged to community growth.UMA price was forming a descending triangle pattern on the 1-hour chart.UMA/USDT 1-hour chart However, an increase in selling pressure here could push UMA below the 200 one-hour Exponential Moving Average (EMA) around $27.

An interesting inclusion was that the token being air-dropped would be distributed to a “curated” list of addresses in DeFi.Therefore, UMA protocol will distribute these tokens to a selected list of DeFi addresses that can do just that.

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