UMA announced that starting June 15, delegates who are part of a voting pool will no longer be considered for gas rebates. According to the post, Risk Labs runs the gas rebate program to encourage broader participation in voting to resolve disputes, while delegates acting on behalf of voting pools do not meet the program’s intended purpose.
Refer to the official tweet by UMA:
Starting June 15th, 2026, delegates that are part of a voting pool will not be considered for gas rebates.
— UMA (@UMAprotocol) June 4, 2026
UMA Info
UMA is an optimistic oracle and dispute arbitration system that securely allows for arbitrary types of data to be brought on-chain. UMA’s oracle system provides data for projects including a cross-chain bridge, insurance protocols, custom derivatives and prediction markets. UMA’s oracle is used to create many other types of products and protocols.
In the UMA Oracle system, three key elements are distinguished: the contract that initiates a data request, the user providing the data, and the potential disputing party who has the right to challenge the presented data in case of disagreements.
The UMA token is utilized for system governance. Token holders can vote on management issues such as protocol updates or asset pricing decisions.
