Umbrella Network (UMB) November Update

From getting listed on new exchanges and conducting four AMAs with the crypto neighborhood to new launches and relationships with 50 partners, Umbrella has had a very complete November journey.

Important occasions in November

UMB integrates several Polygon blockchains

This demonstrates Umbrella’s dedication to emerging blockchains as Umbrella assures that it is quicker, more affordable, additional trustworthy and additional regularly up to date by decentralized oracles obtainable for direct integration.

All feeds will be no cost, and Umbrella is presently inviting dApp developers to attempt it out. Read the documentation here.

Umbrella Network extends no cost coverage to Polar and Hadley Stream

In early November, Umbrella announced no cost coverage for the complete worth of the bets on Polar and Hadley Stream. As previously announced, UMB’s staking applications: Hadley Stream for UMB Staking and Polar Stream for Uniswap LP Token Staking.

Both will be insured for a complete of $ 500,000 towards any unpleasant incident beneath the insurance coverage partner’s policy. Polkacover And UnoRe. PolkaCover will be accountable for the delivery and dealing with of complaints, even though UnoRe will get care of danger management and underwriting.

Launch of an asset bridge amongst ETH and BSC

The asset bridge will make it possible for UMB transfers on Ethereum luxurious Binance Smart Chain and viceversa. Link to the bridge: https://bridge.umb.network/

As Umbrella Network continues to broaden assistance on other blockchains, this kind of as 0xPolygon, Solana (see roadmap right here), the performance of this bridge will be enhanced to incorporate the transfer of UMBs back and forth amongst other chains.

Umbrella Network will quickly be obtainable on Avalanche

To come to be the fourth chain supported by Umbrella Network, Avalanche is the quickest evidence of function consent mechanism in the planet.

This integration will be a results for Avalanche dApp developers and the broader Avalanche DeFi ecosystem as Umbrella’s decentralized information feed will be obtainable to everybody in the Avalanche ecosystem to get benefit of it. Use and assistance assistance DeFi additional broadly.

The distribution of the one hundred% bonus for UMB holders on Binance Smart Chain has been finished

Umbrella Network has finished the distribution of UMB tokens to traders on the BSC network.

four efficiently organized AMAs

In November, Umbrella Network efficiently organized four AMAs with the participation of partners: Kucoin, Poloniex, SpykeFast and Crypto Stalker. The AMA sessions had been properly acquired and responded to the neighborhood. In the coming time period, Umbrella will also carry on to coordinate with partners to co-organize lots of additional high quality AMAs and TableTalks.

Update on the approaching improvement roadmap

• Listing on Uniswap DEX upcoming week
• The random variety generator will be lively upcoming week
• Umbrella Network TableTalk Episode four will get area upcoming week
• Released on DEX Pancakeswap in mid-December
• Hadley and Polar Streams will be obtainable on BSC until eventually mid-December

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