LONDON, April 12, 2021 /PRNewswire/ -- 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
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
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.
(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
"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
See the latest data on UMBR on CoinMarketCap and CoinGecko:
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 firstname.lastname@example.org using the subject
'Brand Ambassador' in your email. You can also contact on the above
channels as well as Twitter and Facebook.
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
UK-publicly listed Online Blockchain plc (LSE:OBC) is acting as
administrator and advisor.
1 People who staked in the Umbria Farm during
the last airdrop period typically earned 315% APY.
SOURCE Online Blockchain PLC