Umbria
Network Announces Second
Airdrop
of
100,000
UMBR
Tokens
-
'snapshot'
of
UMBR holders will
take place on
April 15th -
Umbria - the layer 2 DeFi
protocol - is implementing another round of free distribution of
its native governance token ($UMBR).
Anyone holding a minimum of
100 UMBR or two UMBR-ETH Liquidity Pool (LP) tokens at the time of
the snapshot will be eligible to claim a share of the 100,000 UMBR
airdrop directly into their MetaMask wallet on May 15th. Those who have staked
their UMBR-ETH LP tokens in the Umbria Farm will also qualify whilst
simultaneously earning an attractive APY.[1]
The amount of UMBR
airdropped to participants will be proportional to their UMBR and
UMBR-ETH LP holdings (or stake) relative to the total amount of
tokens held by the community at the time of the snapshot. UMBR
holders will receive a portion of 33.4% of
the 100,000 UMBR airdrop allocation and those that
provide liquidity to the
UMBR-ETH
liquidity
pool in Uniswap will receive a share of an allotted
66.6% on the 15th of May.
The snapshot of the Ethereum
blockchain will be taken on
April 15th
at 5pm BST and will take note of all holders of each token.
Those eligible need to visit airdrop.umbria.network and press the "Claim Airdrop"
button on May 15th to get
their share of the airdrop.
Further details can be found
here: https://airdropalert.com/umbria-airdrop and more
information is included in the Airdrop FAQs. The Umbria Airdrop Bounty Program
offers a number of ways to earn UMBR in return for completing
different social media tasks to help promote the Umbria Airdrop.
Find out more by visiting our Medium blog.
Umbria (https://umbria.network/)
is an opensource project on a mission to demystify and simplify
DeFi and get people earning income on their crypto. The project's
governance token
UMBR is available on
Uniswap. UMBR-ETH Liquidity Pool Tokens - which qualify for a
larger proportion of the airdrop - are obtained by adding liquidity
to the UMBR-ETH Liquidity Pool on Uniswap; the pool
recently hit $1 million in liquidity.
"The first airdrop was very
well received and we're seeing a lot of UMBR holders depositing
into the Umbria Farm to additionally capitalise, which is great for
the whole Umbria Network ecosystem," said Oscar Chambers, Co-Lead
Developer at Umbria. "With the next airdrop we're looking forward
to rewarding existing holders further and introducing new
participants at this early adoption stage."
See the latest data on UMBR
on CoinMarketCap and CoinGecko:
https://coinmarketcap.com/currencies/umbria-network/news/
https://www.coingecko.com/en/coins/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 find out more on the latest
developments.
If you are interested in
becoming an official Umbria Ambassador and earning additional UMBR
please get in touch at hello@umbria.network using the subject 'Brand
Ambassador' in your email. You can also contact on the above
channels as well as
Twitter and
Facebook.
About Umbria
https://umbria.network/
Umbria is a decentralized
protocol, which enables DeFi (Decentralised Finance) applications
on the Ethereum blockchain. It aims to demystify and simplify
DeFi and get people earning income on their crypto. Using cutting
edge-layer two technology developed by Polygon, Umbria is
developing a suite of popular DeFi features at fractional on-chain
cost of many current DeFi platforms with greater transaction speed
(while maintaining all the cryptographic security provided by
Ethereum).
Umbria is available on
Uniswap and users can add liquidity to earn
fees. A user of Umbria will soon be able to swap tokens and earn
interest on their cryptocurrency positions on the Umbria website
with other facilities coming online (via developers and community
initiatives) which will utilise the Umbria protocol and its
governance token. One of the initial features of Umbria is that it
will allow users to deposit cryptocurrency as liquidity in AMM
(automated market making) pools to earn fees from token swapping
and earn additional Umbria as an incentive for providing liquidity.
The Umbria governance token will also enable users in the network
to take control over decision-making and have voting power over the
development and governance of Umbria's protocol.
UK-publicly listed Online Blockchain plc (LSE:OBC) is acting as Umbria's coordinator, administrator
and advisor.