Umbrella Network officially enters the 2nd quarter of the 12 months with promising new partnerships and a launch on Solana Mainnet, lots of efficiently held AMA occasions and other notable milestones. Let’s assessment with Coinlive in April, what Umbrella received!
Important announcements announced
Umbrella Network is officially on Solana Mainnet
Umbrella Network is now dwell on Solana Mainnet, the sixth blockchain network supported by Umbrella Network, along with Ethereum, BNB Chain, Polygon, Arbitrum and Avalanche.
This is the initially time Umbrella Network has been deployed on a non-EVM compatible chain. This will permit Solana dApps to very easily accessibility and obtain exact and decentralized information straight from good contracts.
With above 4000 information pairs supported, Umbrella Network’s decentralized oracle procedure is now the greatest oracle in terms of transaction volume. The platform delivers information for dApps on Solana with pace, accuracy, affordability and scalability.
Sharing this occasion with Cointext, John Chen – CEO of Umbrella Network mentioned:
“Our principal aggressive benefit above other oracles is the potential to aggregate information by a Layer-two option beneath the Merkle Tree model. This lets Umbrella Network to deliver 1000’s of information factors to the blockchain network in a single transaction, whilst other oracles can only carry a single information stage per transaction, so it is particularly pricey, slow and cumbersome.
* Read the total posting here.
Start Polar Stream two.
The staking portal for Polar Stream two. presents ETH-UMB and BNB-UMB liquidity pools for consumers who want to stake assets on the network.
Log in to the Polar Stream staking portal right here: staking.umb.network
Lucidity update for April 2022
Lucidity is Oracle’s platform for digital promoting. With a special technological innovation that processes promoting communications information this kind of as impressions, clicks, and so on.
Lucidity has processed hundreds of hundreds of thousands of information, conserving its buyers time and funds by developing helpful promoting approaches for them.
* Read the total posting here.
UMB token burning occasion
Umbrella opened a poll on irrespective of whether to burn up UMB one million or significantly less and received 70% of the votes of consensus – a landslide victory by the local community.
* Users can see occasion particulars on these two channels: Youtube | Twitter
Giveaway in response to Earth Day
In response to Earth Day, Umbrella Network organized a Giveaway plan providing USD 200 to the five luckiest individuals.
In continuation with our “Earth Week” theme 🌲, we will do a giveaway of 200 $ UMB each and every to five individuals this Friday on “Earth Day”
Rules:
➡️ Follow us on Twitter
➡️ Tag three close friends
➡️ Likes and retweetsGood luck!#Earth day #Earth week #Give away #bsc #solana #oracles pic.twitter.com/LxCufsSYOX
– Umbrella Network (@UmbNetwork) April 20, 2022
New collaboration in the final month
Umbrella Network x REV3AL
Umbrella Network has announced a partnership with REV3AL, a enterprise specializing in the validation of digital assets and NFTs. This partnership will open up options in NFT linked information and digital asset verification in a special and intuitive way.
To aid fix the information shortage trouble on the chain, REV3AL has partnered with Umbrella Network as an unique Oracle companion.
* Read the total posting here.
Network x Vera umbrella
Umbrella Network has collaborated with VERA, a venture created on Solana with a item identified as VERA Currency gito generate put on-resistant assets, providing eternal worth to digital assets.
VERA is the initially companion of the Solana ecosystem to collaborate with Umbrella Network. As a end result, Umbrella Network will aid VERA develop a powerful portfolio in the DeFi business by supplying safe and validated information for VERA to complement its synthetic currency.
* Read the total posting here.
Network x Alpha Hunt umbrella
Alpha Hunt Club is a local community of cryptocurrency traders on the lookout for a extended-phrase partnership with a possible fledgling blockchain venture.
With this partnership, Umbrella Network will serve as a information supplier on tasks in Alpha Hunt’s portfolio, from due diligence to delivering significant information / significant Oracle options.
Umbrella Network will also make the pricing information of the firms in this portfolio obtainable as Tier two information by its decentralized oracle.
* Read the total posting here.
Network x Kommunitas umbrella
Umbrella Network has announced a partnership with Kommunitas, a decentralized launchpad that aids assistance tasks across a number of blockchain networks.
Robbie Jeo, CEO of Kommunitas, mentioned:
“Kommunitas can accessibility KOM pricing information and get the very same assistance as other Umbrella Network partners. Umbrella’s decentralized feed is the principal device for launchpad growth. “
* Read the total posting here.
Network x veritree umbrella
Veritree and Umbrella join forces to tackle international reforestation scale challenges by verified reforestation information.
To celebrate Earth Day, Umbrella Network announced a partnership with veritree, an environmental restoration venture that connects with verified environmental options firms.
In this regard, Umbrella Network has planted one hundred trees for each and every of its partners.
* Read the total posting here.
Like organized
Ombre Network x Cryptovergelijken
Last week, Luc Hendriks, CFO of Cryptovergelijken was invited to join the Umbrella Network Telegram Channel’s AMA.
Luc Hendriks, CFO of Cryptovergelijken shared:
“The prospect of partnering with Umbrella Network is incredibly promising, as we are offered with a substantial variety of information pairs to quote charges across all related platforms. And final but not least, there is loads of space to even more broaden the partnership by implementing far more immutable options supplied by Umbrella Networks. ”
* Read the AMA summary here.
Network x Kommunitas umbrella
Umbrella Network’s director of strategic partnerships and company growth, Joel Bergeron, not long ago appeared in an AMA with Kommunitas.
Joel Bergeron, the representative of the Umbrella loved ones mentioned:
“Our broader goal is to reduce the cost of data to near zero. When data is virtually free and easily accessible, there is an opportunity for real innovation. When applications fail to get the data they need. , their growth has slowed. How can users build Uber on blockchain if users cannot get geolocation information on the chain or can handle 5 million concurrent users with a huge amount of data processing? These are still a challenge for the sector today, but the situation will change with the improvement in overall productivity and with the increase in volumes “.
* Read the AMA summary here.
Umbrella Network x KCC Livestream
Joel Bergeron, Umbrella’s strategic companion and leader of the BD group, participated in a dwell stream with KCC.
Umbrella Network CEO mentioned:
“The principal variation of Umbrella Network when it comes to information on the chain is that we aggregate the information in advance of placing it into the chain. This lets Umbrella Network to supply a great deal higher scalability than other oracles in today’s ecosystem. Merkle Root hash as a single representation of all layer information on the blockchain. “
* Review the dwell stream here.
Information on Umbrella Network
Umbrella Network is a local community-owned Oracle platform with versatile and price-successful scalability. Umbrella’s Layer two technological innovation is applying the most up-to-date innovations on the Merkle Tree platform to record a number of information factors on the very same on-chain transaction. Therefore, the platform distributes information securely, price-proficiently and accurately to good contracts. Umbrella believes that developing an Oracle local community venture is not only attainable but also critical to generate a really decentralized economic procedure.
Join the Umbrella Vietnam local community to update the most up-to-date info: Notification channel | Discussion channel
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