Vol. I, No. 1 Monday, August 31, 2026 UMA — Governance Rights Report
Executable rights. Machine-readable determinations.

Probity Institute

UMA — Governance Rights Report

Verdict

UMA

UMA — Governance Rights Report
Tier 2 S1 — Token-Governed Protocol Assessment as of 2026-10-01
GSA-1 fail GSA-2 fail GSA-3 fail GSA-4 fail GSA-5 fail GSA-6 fail GSA-7 near-miss GSA-8 near-miss

Why this rating: On-chain DVM governance: UMA holders vote (commit-reveal) on UMIPs, price requests and disputes; Snapshot (uma.eth) for funding/emissions. The DVM's Optimistic Oracle + dispute mechanism is the batch's strongest GSA-8 candidate (near-miss). No economic rights — rewards are inflation-funded, fee-buybacks discretionary. GSA-8 near-miss: on-chain Optimistic Oracle + DVM dispute resolution (commit-reveal voting) is the closest any DAO in the batch comes to GSA-8; not scored pass without contract-verified full dispute path; GSA-7 near-miss: staked-voter-only participation, commit-reveal voting, incorrect-voter reward slashing — real sybil/capture resistance; token-weighted plutocracy remains

Where to Vote

Proposal History

No proposal history is available for UMA in the current scanner window.

Metrics

Curated metric — next quarterly update. On-chain revenue, treasury, and distribution-enforcement reads are not yet wired for this DAO's space in the Institute's state files; the quarterly re-assessment cycle will populate this block.

Structure & History

Structure: S1 — Token-Governed Protocol.

S1-S5 protocol business structure taxonomy, as-of 2026-08-27 (structure taxonomy date); scores as-of 2026-10-01 (first scored 2026-07-23; quarterly recheck #2, cycle 2026-08-31 -> 2026-10-01)

Assessment flags