Umbria Network is a decentralised protocol (Defi) which enables the creation of tokenised money markets!

Hello my dear readers. I have not published articles for a long time, since there was no time. But now I have found a very promising and interesting project, which is now being talked about at every step, and it is called Umbria Network!

Introduction

As you know, DeFe projects have become very popular now and they quickly burst into our lives. Indeed, on these DeFi projects, you can earn on various protocols such as lending, staking and farming.

And the Umbria Network project is no exception and also keeps pace with the times.

This project is very young and represents decentralized funding. It was launched less than a month ago, which means you can become one of its first users and earn maximum profit in the future.

As I wrote earlier, the project is called Umbria and is based on the internal utility token UMBR.This token will be used in Umbria for farming, staking, management, lending and many other earning protocols. At the moment, the Umbria Network platform operates on the main ETH blockchain network, however, one of the team's priority tasks is to launch a second level solution, which will allow them to significantly increase the speed of their protocols, as well as reduce gas fees for users. To achieve this, the Umbria team even entered into a partnership with the well-known blockchain project Matic, which is currently one of the most successful second-tier solutions for Ethereum. Speaking of the team, unlike many other DeFi projects, the Umbria team is open and you can find detailed information about it on the Umbria Network blog on Medium.

However, as I wrote at the very beginning, the Umbria Network project is young and launched only at the end of January this year and already offers three levels of making money. The closest of them is the liquidity farming protocol, which was launched on the Ethereum block under the number 12,120,000, and is already functioning in full mode. In this case, the initial profitability in this protocol will be more than 2,000,000 percent per annum. Which, of course, the very first users of the pool will be able to snatch. Now, the Umbria Network project has its own internal UMBR token, which is already successfully traded on the Uniswap exchange in the UMBR-ETH pair and has even been listed on the CoinMarketCap aggregator,, you can see the price of the token at the link: https://coinmarketcap.com/currencies/umbria-network/ . According to the data from this service, the current trading volume of the UMBR token is several tens of thousands of dollars, which is very good for such a young project.

But how can you and I now make money on this token? First of all, of course, the more profitable protocols for making money the Umbria Network project will have, the higher the price of their token will be, therefore, having bought it now at a price of 2-2.27 dollars, in the future there will be a chance to sell it at a much higher price.

But in addition to this, now you can also earn money on the airdrop of UMBR tokens. The first such airdrop with the distribution of 100,000 UMBR tokens will take place on April 2nd. However, we will no longer be able to take part in it, because during this drop the rewards will be distributed among all holders of UMBR and UMBR-ETH LP tokens as of March 1st.

However, we now have the opportunity to participate in the second round of the airdrop. It will take place on May 15th, it will also distribute 100,000 UMBR tokens, and the condition for their receipt will be the possession of tokens or the provision of liquidity at the time of April 15th. That is, we now have a little less than a month to have time to buy UMBR tokens, after which on April 15th the smart contract will take a snapshot of all the addresses of the UMBR owners - except of course the team members - and on May 15th 100,000 UMBR tokens will be distributed to these addresses in accordance with the ownership shares.

The minimum amount to participate in this drop is 100 UMBR tokens, which at the current exchange rate is approximately $ 200. In addition, users who have UMBR-ETH LP tokens in an amount of at least 2 pieces are allowed. That is, you can now buy UMBR tokens on the Uniswap exchange, send them to the liquidity pool and first receive only commissions from traders in this pair for this, and then send these LP tokens to farming and, on May 15, snatch a reward in the airdrop. Well, in the future, on the Umbria Network it will be possible to engage in solo staking of UMBR tokens, and issue loans and even trade on their own decentralized exchange - you can find out more about all the project plans, as well as about all the conditions of the airdrop on the official website of the Umbria Network and their blog on Medium, links to which you can find at the end of this article. By the way, the blog also contains information about the bounty campaign from the Umbria Network, so if you wish, you can also earn UMBR tokens on it.

Now let's take a look at the latest news and the team is providing the latest update and APY!

- APY (as of March 31st @11am BST): 1,097.8%

- UMBR governance token provides full flexibility on reward distribution

- Umbria offers an improvement to the SushiSwap protocol by leveraging the next generation of DeFi technology — layer 2!

So, holders of UMBR tokens who have invested their tokens in farms are already receiving their rewards for farming, thereby getting even more profit!

Therefore, whoever believes in this project is the one who makes money on it without any problems.

Conclusion

The Umbria Network project is very promising and allows its UMBR token holder to earn even more. The token is already traded on the exchange and presented, as I wrote earlier, on coinmarkcap and its price is gradually growing and even already reached $ 3, and this speaks volumes. Therefore, whoever is interested in this project, then take a closer look at it.

I hope I managed to convey the whole essence of this project and you understand what it is about.

Thank you all for your attention!

Contacts

Website: https://www.umbria.network/

Medium: https://umbrianetwork.medium.com/

Twitter: https://twitter.com/NetworkUmbria

Facebook: https://www.facebook.com/umbriafinance

Instagram: https://www.instagram.com/umbria.network/

Telegram: https://t.me/joinchat/GfvrGJJBNMksEwP2

Uniswap: https://app.uniswap.org/#/swap?inputCurrency=0xa4bbe66f151b22b167127c770016b15ff97dd35c

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

Farm: https://farm.umbria.network/

My telegram username: @andrushkasmoloff
My Email - [email protected]