Umbria Community Pronounces Second Airdrop of 100,000 UMBR Tokens

LONDON, April 12, 2021 /PRNewswire/ — Umbria – the layer 2 DeFi protocol – is implementing one other spherical of free distribution of its native governance token ($UMBR).

Anybody holding a minimal of 100 UMBR or two UMBR-ETH Liquidity Pool (LP) tokens on the time of the snapshot might be eligible to assert a share of the 100,000 UMBR airdrop immediately into their MetaMask pockets on Might fifteenth. Those that have staked their UMBR-ETH LP tokens within the Umbria Farm will additionally qualify while concurrently incomes a gorgeous APY.1

The quantity of UMBR airdropped to members might be proportional to their UMBR and UMBR-ETH LP holdings (or stake) relative to the entire quantity of tokens held by the group on the time of the snapshot. UMBR holders will obtain a portion of 33.4% of the 100,000 UMBR airdrop allocation and those who present liquidity to the UMBR-ETH liquidity pool in Uniswap will obtain a share of an allotted 66.6% on the fifteenth of Might.

The snapshot of the Ethereum blockchain might be taken on April fifteenth at 5pm BST and can be aware of all holders of every token. These eligible want to go to airdrop.umbria.community and press the “Declare Airdrop” button on Might 15th to get their share of the airdrop.

Additional particulars will be discovered right here: https://airdropalert.com/umbria-airdrop and extra data is included within the Airdrop FAQs. The Umbria Airdrop Bounty Program presents a lot of methods to earn UMBR in return for finishing totally different social media duties to assist promote the Umbria Airdrop. Discover out extra by visiting our Medium weblog.

Umbria (https://umbria.community/) is an opensource undertaking on a mission to demystify and simplify DeFi and get individuals incomes revenue on their crypto. The undertaking’s governance token

UMBR is obtainable on Uniswap. UMBR-ETH Liquidity Pool Tokens – which qualify for a bigger proportion of the airdrop – are obtained by including liquidity to the UMBR-ETH Liquidity Pool on Uniswap; the pool just lately hit $1 million in liquidity.

“The primary airdrop was very properly obtained and we’re seeing numerous UMBR holders depositing into the Umbria Farm to moreover capitalise, which is nice for the entire Umbria Community ecosystem,” stated Oscar Chambers, Co-Lead Developer at Umbria. “With the following airdrop we’re wanting ahead to rewarding current holders additional and introducing new members at this early adoption stage.”

See the most recent knowledge on UMBR on CoinMarketCap and CoinGecko:

https://coinmarketcap.com/currencies/umbria-network/information/ 

https://www.coingecko.com/en/cash/umbria-network 

https://umbrianetwork.medium.com/how-to-claim-from-umbria-airdrop-bounty-program-ff610d2607a0 

Head on over to our Discord channel or Telegram to seek out out extra on the most recent developments.

In case you are excited by changing into an official Umbria Ambassador and incomes extra UMBR please get in contact at [email protected] utilizing the topic ‘Model Ambassador’ in your electronic mail. It’s also possible to contact on the above channels in addition to Twitter and Fb.

About Umbria

https://umbria.community/

Umbria is a decentralized protocol, which permits DeFi (Decentralised Finance) functions on the Ethereum blockchain. It goals to demystify and simplify DeFi and get individuals incomes revenue on their crypto. Utilizing slicing edge-layer two know-how developed by Polygon, Umbria is growing a set of well-liked DeFi options at fractional on-chain value of many present DeFi platforms with better transaction pace (whereas sustaining all of the cryptographic safety offered by Ethereum).  

Umbria is obtainable on Uniswap and customers can add liquidity to earn charges. A consumer of Umbria will quickly be capable to swap tokens and earn curiosity on their cryptocurrency positions on the Umbria web site with different amenities coming on-line (through builders and group initiatives) which can utilise the Umbria protocol and its governance token. One of many preliminary options of Umbria is that it’s going to permit customers to deposit cryptocurrency as liquidity in AMM (automated market making) swimming pools to earn charges from token swapping and earn extra Umbria as an incentive for offering liquidity. The Umbria governance token can even allow customers within the community to take management over decision-making and have voting energy over the event and governance of Umbria’s protocol.

UK-publicly listed On-line Blockchain plc (LSE:OBC) is performing as Umbria’s coordinator, administrator and advisor.

1 Individuals who staked within the Umbria Farm over the past airdrop interval usually earned 315% APY.

Contact: Francesca De Franco, +44(0)794-125-3135, [email protected]

SOURCE On-line Blockchain PLC

Associated Hyperlinks

https://umbria.community/

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