Umbrella Network is excited to announce that it is live on MultiversX Mainnet. Developers can now access Umbrella’s decentralized, trustworthy and reliable data feeds on MultiversX, a leading Layer 1 ecosystem that employs sharding for massive scalability and which is secured and decentralized through over 3,000 validator nodes. Supporting the…

Umbrella Network has always planned improvements to the token utility of UMB. This is the latest iteration of the project’s plans on how the UMB token will be utilized by the various participants within the Umbrella ecosystem, from the community, to data users, network of validators and more. Today, we’re…

In the latest Table Talks session, the Umbrella Network team delivered a comprehensive update on the project’s recent developments and their plans for the future. Let’s review the most important insights: Latest Partnerships This month has been exceptionally fruitful in terms of forging partnerships. October marked the culmination of a…

Introduction We’re thrilled to announce Umbrella Network’s partnership with DefiEdge. In this article, we’ll dive into what DefiEdge is all about and how Umbrella Network’s oracle solutions will contribute to this partnership. What is DefiEdge? DefiEdge is a DeFi protocol in the Linea ecosystem designed to bridge the gap between…

In the wake of Umbrella’s MultiversX Mainnet Launch and the electrifying energy of xDay, MultiversX continues its expansion to provide critical services to their growing ecosystem. We are thrilled to announce that Umbrella is partnering with Hatom, MultiversX’s largest lending and liquidity protocol with over $104M in total value locked…

In the ever-evolving landscape of blockchain technology adaptability and innovation are paramount. It is with this spirit of progress that we are thrilled to announce a partnership with MultiversX, formerly known as Elrond. This strategic alliance represents a significant milestone in our journey, aligning seamlessly with our new business strategy. A Glimpse into MultiversX …

Dear Umbrella Community, Umbrella has two rewards tokens that were issued. rUMB1 and rUMB2, which after issuance, could be eventually redeemed 1:1 for UMB tokens. rUMB1 has been redeemable for UMB tokens since February 2022, and rUMB2 has been redeemable since February 2023. As both rUMB1 and rUMB2 have been…

Umbrella Network is proud to welcome WeFi within the flourishing Linea ecosystem and delighted to support them in their journey towards creating a better DeFi experience by providing them with critical on-chain price feeds. What is WeFi Finance? WeFi Finance is an insured omnichain leverage trading protocol driven by secure…

Discover how Umbrella’s tailored Gas TWAP solution enables Primex Finance’s decentralized trading platform to be more efficient and transparent while showcasing the power of tailored partnerships in the DeFi space. Introduction Umbrella recently partnered with Primex Finance to create a custom gas TWAP. In this article, we will dive into…