UMA Shakes Up Polymarket: Only Whitelisted Parties Can Resolve Bets Now

UMA just dropped a bombshell on Polymarket—no more open resolutions. Only pre-approved players get a seat at the table.

Here’s the kicker: The oracle protocol’s new whitelist rule guts decentralization purists’ dreams while ‘protecting’ markets from—you guessed it—the unwashed masses. Because nothing says ‘trustless’ like a bouncer at the door.

Finance jab of the day: If you wanted middlemen, you’d have stuck with Wall Street.

UMA’s Move to Reduce Resolutions Manipulation

The change seeks to reduce manipulation and attacks on the market by limiting who can make resolution proposals. This is likely a response to past problems with UMA’s oracle system, where large UMA token holders or whales could influence results. 

When MOOV2 was first announced, UMA said Risk Labs, the company behind UMA, created an initial whitelist of 37 addresses. This list includes employees of Risk Labs and Polymarket, and users with more than 20 proposals and over 95% accuracy.

It is not yet clear when MOOV2 will be fully active on Polymarket. The update is seen as a way to make Polymarket’s markets more reliable and reduce delays caused by early or poor-quality proposals.

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