What is Umbria
The Umbria network launched on Uniswap on January 25th.
Umbria is a community and open source project, coordinated by UK publicly listed company Online Blockchain plc (LON:OBC), which acts as coordinator, administrator and advisor. This means that Umbria is positioned to be a successful project in the still volatile DeFi space, as the project couples the innovative spirit of the DeFi universe with the expertise and credibility of a well-established experienced tech company. Online Blockchain has been an innovator and incubator in finance and technology for over 20 years, giving a level of transparency to the Umbria project that is rare in Crypto and DeFi. It is also the sister company of ADVFN PLC GROUP, the global crypto and financial data websites with 3.1 million unique monthly users.
Despite the infant nature of DeFi projects, many are anticipating technical constraints and development problems ahead, thus they are now engaging in implementing solutions right from the start. This is the case for Umbria. Even though Umbria has just launched its governance token in Uniswap, the team is already seeking partnerships and collaborations to make sure its platform can support an increase in adoption and user demand.
As a decentralised protocol, Umbria is focused on creating accessible applications so that anyone can participate in DeFi confidently. Umbria aims to simplify this process and promises to gain traction amongst anyone looking for a user-friendly way to get into DeFi.
More information can be found on Umbria lightpaper
The Umbria roadmap outlines a release of its DeFi platform with Polygon side-chain integration on the Mainnet by Q3 of 2021. The DeFi platform recently released its governance token on Uniswap, which will be used to vote on future changes to the protocol.
In the near future, you will be able to earn Umbria as an incentive for providing liquidity of ERC20 tokens in Umbria token swap pools.
Airdrop coming soon!
Head over to the Umbria Discord channel, Telegram, Instagram, Twitter, Facebook or LinkedIn to find out more about the project. Become part of the journey!
