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Topic: [PreANN] Umbria Network - DeFi with a focus on simplicity - page 3. (Read 526 times)

sr. member
Activity: 1918
Merit: 256
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Do you know the character or team of the Umbria project? what makes you believe in their vision and mission? I didn't get much information and when I browsed the Umbria website the information was very brief there

there is no team list on umbria website and the site look very simple
also i can't find the whitepaper link too, only found a little informations about this project in the litepaper from Umbria
It's best to be a little careful here because there is no team, maybe this project was built by someone who just wants to find victims and then leave with the victim's money,
we even see their community is also very quiet so of course no one will believe it
newbie
Activity: 20
Merit: 0
So does UMBR token already available for early community adoption and trading on UniSwap exchange?
newbie
Activity: 19
Merit: 0
So in the 1Q of 2021 Umbria Uniswap pool will be launched on Ethereum mainnet and also exchange listings begin. I think this time is very important to the project
sr. member
Activity: 1112
Merit: 256

Do you know the character or team of the Umbria project? what makes you believe in their vision and mission? I didn't get much information and when I browsed the Umbria website the information was very brief there

there is no team list on umbria website and the site look very simple
also i can't find the whitepaper link too, only found a little informations about this project in the litepaper from Umbria
There was no other intention for him to post this matter other than getting attention to the sale that was currently underway. We have seen projects like this many times, they only focus on finding victims, pocketing money and lost.
Quote
Note: I am not a developer, or affiliated officially with the Umbria protocol. I am an avid community member and I believe in the project and team's vision
Oh come on, that was a lame joke, I can't even believe there's anything interesting about this project.

Everything seems to indicate that you are right, this thread is precisely an attempt to interest the victims by innocently providing information about project. With a project prepared like this, the criticism of the community would be huge, so developers are afraid to create an official thread.
OP gives the group on a telegram - his entire community is 5 people including the admin, so probably, apart from the dev team, there is no one there.
sr. member
Activity: 1414
Merit: 254

Do you know the character or team of the Umbria project? what makes you believe in their vision and mission? I didn't get much information and when I browsed the Umbria website the information was very brief there

there is no team list on umbria website and the site look very simple
also i can't find the whitepaper link too, only found a little informations about this project in the litepaper from Umbria
There was no other intention for him to post this matter other than getting attention to the sale that was currently underway. We have seen projects like this many times, they only focus on finding victims, pocketing money and lost.
Quote
Note: I am not a developer, or affiliated officially with the Umbria protocol. I am an avid community member and I believe in the project and team's vision
Oh come on, that was a lame joke, I can't even believe there's anything interesting about this project.
sr. member
Activity: 1112
Merit: 256

Do you know the character or team of the Umbria project? what makes you believe in their vision and mission? I didn't get much information and when I browsed the Umbria website the information was very brief there

there is no team list on umbria website and the site look very simple
also i can't find the whitepaper link too, only found a little informations about this project in the litepaper from Umbria

Perhaps this is why the developers have not yet started promoting the project, as not everything has been prepared to show it for community and investors.
I think the OP rushed a bit with the release of this information and we should wait for the official ANN thread.
sr. member
Activity: 1092
Merit: 250
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Do you know the character or team of the Umbria project? what makes you believe in their vision and mission? I didn't get much information and when I browsed the Umbria website the information was very brief there

there is no team list on umbria website and the site look very simple
also i can't find the whitepaper link too, only found a little informations about this project in the litepaper from Umbria
sr. member
Activity: 1918
Merit: 256
Just.bet - Decentralized On-chain Casino

Do you know the character or team of the Umbria project? what makes you believe in their vision and mission? I didn't get much information and when I browsed the Umbria website the information was very brief there
newbie
Activity: 24
Merit: 0
Note: I am not a developer, or affiliated officially with the Umbria protocol. I am an avid community member and I believe in the project and team's vision

DeFi project Umbria (UMBR) now live on Uniswap

TOKENOMICS
Name: Umbria
Symbol: UMBR
Decimal: 18
Contract: 0xa4bbe66f151b22b167127c770016b15ff97dd35c
Total supply: 10,000,000 (5,000,000 current supply)

Online Blockchain PLC and Umbria Labs has developed an ecosystem of cryptocurrency-based projects and user-experiences, aimed to provide anyone with a friendly entry-point into DeFi (Decentralised Finance), called ​Umbria​. By leveraging pre-established, open source DeFi implementations and libraries, used in current projects, such as ​Uniswap, Compound​ and ​Sushiswap​, ​Umbria aims to simplify and demystify the DeFi user-experience.

Umbria Labs began researching DeFi in 2019, and has since successfully launched a decentralised finance ecosystem with an exchange, liquidity pools and yield farming, ​on the Ropsten testnet of the Ethereum Blockchain. During this research phase, Umbria Labs and Online Blockchain PLC conducted research on

1) the limitations of other DeFi platforms such as Sushiswap
2) the level at which new users could effectively use current DeFi platforms.

The conclusion was that Sushiswap and Uniswap, among other popular DeFi platforms are inaccessible for those without an advanced knowledge of cryptocurrency and DeFi. Umbria Labs also concluded that there is a need in the current DeFi landscape, for a platform that offers a simple entry-point into DeFi. Umbria Lab's vision is to improve the Decentralized Finance space by creating tools (Yield Farming, Exchange, Pools, Vaults, etc) without the unnecessary complexity to the user

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

There will be 5 phases for adding Umbria, with each phase started when the previous phase finishes

100,000 Tokens will be added to Uniswap at $0.50
100,000 Tokens will be added to Uniswap at $0.60
100,000 Tokens will be added to Uniswap at $0.70
100,000 Tokens will be added to Uniswap at $0.80
100,000 Tokens will be added to Uniswap at $0.90

Roadmap

Q4 2020

Launch Umbria exchange and menu protocol on the Ethereum testnet. Create Umbria staking and yield farming protocol on Ethereum testnet.
Umbria protocol experiments successfully tested on Ropsten testnet. Swapping, liquidity pools, exchange and UMBR staking successfully tested.

Q1 2021

Launch Umbria protocol version 1 on Ethereum mainnet. Create Uniswap V2 UMBR-ETH token pair. Provide 500,000 tokens for UMBR-ETH liquidity on Uniswap.
Bounty program begins. Exchange listings begin. UMBR available for early community adoption.
Umbria Litepaper deployed and reviewed.
Airdrop 500,000 UMBR tokens to users who are providing liquidity in the Umbria protocol. Bonus UMBR per block begins for LP holders, for two weeks.

Q3 2021

Launch Umbria LP token staking contract on Ethereum mainnet. Users receive an UMBR reward to staking certain LP tokens. Launch version 1 of Umbria yield farming vault contracts on Ethereum testnet.
Umbria governance migration begins. Umbria protocol contract ownership is transferred to governence contracts, to increase the level of decentralization of the protocol.
Umbria naked-staking begins. Users can stake their UMBR tokens to receive more UMBR.
Launch version 1 of Umbria yield farming vault contracts on Ethereum mainnet. Umbria V2 research phase begins. Non-custodial asset wrapping, flash-loans, vaults, interoperability, MATIC integration explored.

Q4 2021

Launch layer 2 transaction fee reduction protocol for the Umbria network, on the Ethereum mainnet.
Implement crosschain interoperability to allow any cryptocurrency to be exchanged, staked and swapped on the Umbria protocol.

Website: https://umbria.network
Telegram: https://t.me/joinchat/GfvrGJJBNMksEwP2
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