Port UMA Protocol On IoTeX

[simonerom]

Bounty Description

Port and deploy UMA protocol (Universal Market Access) on IoTeX to allow any dApp on IoTeX to use UMA to build synthetic financial products.

Context

As IoTeX is fully compatible with Web3 and EVM (up to solidity 0.5.17), both the contract part and the frontend part for any Ethereum dApp can be easily ported to IoTeX. Specifically, UMA is a product that allows to the creation of priceless financial contract templates that can be used to create synthetic tokens, Decentralized Oracle Service used to manage and enforce contracts on UMAm which would be very useful on IoTeX especially in combination with out real-world data oracle protocol.

Acceptance criteria

Set clear and verifiable acceptance criteria for the project. If required, split into milestones and split the following Reward section accordingly:

Milestone 1

• Deploy UMA on IoTeX (IoTeX developers should be able to deploy any financial product made available by UMA)

Reward

• Milestone I: $2500 in IOTX tokens.

Misc/References

• UMA Dev Docs - Build process
• UMA Dev Docs - Deploy an EMP contract
• UMA Dev Docs - Launch a new EMP

IoTeX Useful Links

Discuss: Please join our Discord Dev Chat to ask any questions or reach out to Simone_IoTeX on Discord if you need any help.

Docs: IoTeX Docs | Ethereum Compatibility | DID | Full Nodes

Follow Us: iotex.io | Telegram | Twitter | Medium | Reddit

[gitcoinbot]

Issue Status: 1. Open 2. Started 3. Submitted 4. Done

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This issue now has a funding of 77529.2966 IOTX (2492.96 USD @ $0.03/IOTX) attached to it as part of the iotexproject fund.

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[gitcoinbot]

Issue Status: 1. Open 2. Started 3. Submitted 4. Done

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Work has been started.

These users each claimed they can complete the work by 264 years, 9 months from now.
Please review their action plans below:

1) owolabisherif87 has started work.

1. Draft out a road map.
2. Outline goals and objectives.
3. Breakdown each stage into activities.
4. Allocate a time frame for achieving each activity.
5. Evaluate the success of each activity.
6. Record progress.
   2) jj13jj has started work.

Practice makes perfect. I'll try until it works. Any tips or advice will be greatly appreciated.
3) moharief has started work.

Done. Work submitted. Great And good job
4) mahammed1982 has started work.

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Issue Status: 1. Open 2. Started 3. Submitted 4. Done

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Work for 77529.2966 IOTX (2652.86 USD @ $0.03/IOTX) has been submitted by:

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Issue Status: 1. Open 2. Started 3. Submitted 4. Done

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Work for 77529.2966 IOTX (1694.63 USD @ $0.02/IOTX) has been submitted by:

1. @tonymade8
2. @matzelele89
3. @uskoey

@simonerom please take a look at the submitted work:

• [PR](they must say what i shoul do) by @uskoey
• PR by @matzelele89
• PR by @tonymade8

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