Country for PR: United Kingdom
Contributor: PR Newswire Europe
Wednesday, February 24 2021 - 01:52
AsiaNet
Online Blockchain plc: Umbria DeFi Platform Announces First Airdrop of its UMBR Token hl2- rewarding early supporters of its nascent protocol
LONDON, February 23, 2021, /PRNewswire-AsiaNet/--

Decentralised Finance (DeFi) protocol Umbria is airdropping 100,000 of its 
governance utility tokens to its users.  

Umbria (https://umbria.network/), an opensource project on a mission to 
demystify and simplify DeFi and get people earning income on their crypto, will 
be rewarding eligible crypto enthusiasts with its tokens. Holders of UMBR 
tokens - available on Uniswap 
[https://app.uniswap.org/#/swap?inputCurrency=0xa4bbe66f151b22b167127c770016b15f
f97dd35c ] - or UMBR-ETH Liquidity Pool tokens 
[https://app.uniswap.org/#/add/ETH/0xa4bBE66f151B22B167127c770016b15fF97Dd35C  
] (tokens issued for adding liquidity to the UMBR-ETH pool on decentralized 
cryptocurrency exchange Uniswap) on March 1st, 2021 will be able to participate 
in the airdrop. They will need to have a Metamask wallet 
[https://metamask.io/download.html ]. 

UMBR and UMBR-ETH LP holders (minimum 100 UMBR or 2 UMBR-ETH LP) simply have to 
visit airdrop.umbria.network and press the "Claim Airdrop" button to get their 
share of the airdrop. The tokens will then be distributed directly into their 
Metamask wallets on April 2nd, 2021. The airdrop will be on chain facilitated 
by Ethereum Smart Contracts. 

Users of the Umbria platform will soon be able to swap tokens and earn interest 
on their cryptocurrency positions on the Umbria website with other facilities 
coming online which will utilise the Umbria protocol and its utility token. 
UMBR tokens will give holders the ability to shape the future of the Umbria 
ecosystem itself. 
"The Umbria project is a collective effort, which is already gaining good 
traction and seeing a lot of interest," said Oscar Chambers, Co-Lead Developer 
at Umbria. "This first airdrop is a great way to reward existing participants 
and encourage more early adoption of Umbria, which will hopefully be a 
steppingstone to unlocking the mass adoption of DeFi." 

View the Litepaper [https://umbria.network/assets/UMBRIA DEFI LIGHTPAPER 
V1.2.1.pdf ] or head over to the Umbria Discord 
[https://discord.com/invite/ARyFVDY ] channel, Telegram 
[https://t.me/joinchat/GfvrGJJBNMksEwP2 ], Twitter 
[https://twitter.com/NetworkUmbria ], Facebook 
[https://www.facebook.com/umbriafinance ] or LinkedIn 
[https://www.linkedin.com/company/umbria-defi/ ] pages to find out more about 
the project.

About Umbria 

https://umbria.network/
Umbria is a layer 3 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. On the Umbria 
network, anyone will gain access to a developing suite of services created by 
smart contracts. 

You can buy UMBR on UniSwap 
[https://app.uniswap.org/#/swap?inputCurrency=0xa4bbe66f151b22b167127c770016b15f
f97dd35c ] and 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 utility 
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 allow users in the 
network to take control over decision-making and have voting power over the 
development of Umbria's protocol. 

UK-publicly listed Online Blockchain plc [http://www.onlineblockchain.io/  ] 
(LSE:OBC) is acting as Umbria's coordinator, administrator and advisor.
Francesca De Franco, +44(0)794 125 3135, francescad@advfnplc.com

SOURCE: Online Blockchain plc