![Crypto Terms Glossary: What is UMA Token? Crypto Terms Glossary: What is UMA Token?](/img/119/1503/what-is-uma-token-sm.webp)
The UMA token is the native governance token of the UMA network. UMA users are able to use UMA tokens to vote on how to resolve price disputes that occur on the network as part of its data verification mechanism, and make changes to the mechanism via the UMA Improvement Proposal (UMIP) governance process.
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