umbria-network-announces-second-airdrop-of-100,000-umbr-tokens

Umbria Network Announces Second Airdrop of 100,000 UMBR Tokens

 

Umbria – the layer 2 DeFi protocol – is implementing another round of free distribution of its native governance token ($UMBR).

Anyone holding a minimum of 100 UMBR or two UMBR-ETH Liquidity Pool (LP) tokens at the time of the snapshot will be eligible to claim a share of the 100,000 UMBR airdrop directly into their MetaMask wallet on May 15th. Those who have staked their UMBR-ETH LP tokens in the Umbria Farm will also qualify whilst simultaneously earning an attractive APY.1

The amount of UMBR airdropped to participants will be proportional to their UMBR and UMBR-ETH LP holdings (or stake) relative to the total amount of tokens held by the community at the time of the snapshot. UMBR holders will receive a portion of 33.4% of the 100,000 UMBR airdrop allocation and those that provide liquidity to the UMBR-ETH liquidity pool in Uniswap will receive a share of an allotted 66.6% on the 15th of May.

The snapshot of the Ethereum blockchain will be taken on April 15th at 5pm BST and will take note of all holders of each token. Those eligible need to visit airdrop.umbria.network and press the “Claim Airdrop” button on May 15th to get their share of the airdrop.

Further details can be found here: https://airdropalert.com/umbria-airdrop and more information is included in the Airdrop FAQs. The Umbria Airdrop Bounty Program offers a number of ways to earn UMBR in return for completing different social media tasks to help promote the Umbria Airdrop. Find out more by visiting our Medium blog.

Umbria (https://umbria.network/) is an opensource project on a mission to demystify and simplify DeFi and get people earning income on their crypto. The project’s governance token

UMBR is available on Uniswap. UMBR-ETH Liquidity Pool Tokens – which qualify for a larger proportion of the airdrop – are obtained by adding liquidity to the UMBR-ETH Liquidity Pool on Uniswap; the pool recently hit $1 million in liquidity.

“The first airdrop was very well received and we’re seeing a lot of UMBR holders depositing into the Umbria Farm to additionally capitalise, which is great for the whole Umbria Network ecosystem,” said Oscar Chambers, Co-Lead Developer at Umbria. “With the next airdrop we’re looking forward to rewarding existing holders further and introducing new participants at this early adoption stage.”

online-blockchain-plc:-umbria-defi-launches-airdrop-bounty-program-to-reward-social-media-marketers

Online Blockchain plc: Umbria DeFi Launches Airdrop Bounty Program to Reward Social Media Marketers

 

Decentralised Finance (DeFi) protocol Umbria has initiated the first phase of its bounty program.

Umbria – https://umbria.network/– is inviting crypto enthusiasts with social media flair to spread the word about the project’s upcoming Airdrop and earn $UMBR in return. By performing specific social media tasks, participants will be rewarded with varying amounts of Umbria protocol’s governance token (currently traded on Uniswap).

Anyone creating approved content relating to the Umbria Airdrop such as YouTube videos, blog posts and infographics or raising awareness on social media platforms including Twitter, Facebook, Quora, LinkedIn, TikTok, Bitcointalk or Reddit will be paid in UMBR. The full details and list of social media activities and bounty available can be viewed here.

To claim the rewards for completing an Airdrop-specific bounty task, proof should be submitted to the bounty-program channel of Umbria’s Discord. Once verified, participants will receive Umbria through the Polygon sidechain directly into their Metamask[1] wallet. 10,000 UMBR has been allocated for this initial part of the bounty program.

Umbria, whose governance utility token UMBR can be bought, swapped and added to liquidity pools on Uniswap, recently took the snapshot for its first Airdrop, which will take place on April 2nd: Umbria DeFi Platform Announces First Airdrop of its UMBR Token

The next snapshot (snapshot of the ledger to determine existing UMBR holders) for the second airdrop will take place on April 15th.

  • Users who hold 100 UMBR will receive a portion of 33.4% of the 100,000 UMBR airdrop allocation relative to the total amount of tokens held by the community on the 15th May
  • Umbria holders who provide liquidity to the UMBR-ETH LP pool in Uniswap will receive a portion of 66.6% of the 100,000 UMBR airdrop relative to the total amount of LP tokens held by the community on the 15th May
  • The number of tokens received will be a percentage of the airdrop divided by the total UMBR and UMBR-ETH held by the community. This value is calculated at the time of the snapshot

“We want the community to spread the word, engage and interact with the brand and earn Umbria,” said Oscar Chambers, co-founder and co-lead developer of Umbria. “We’ve seen a lot of interest surrounding the first airdrop and the project in general and want to organically build on this and get more people involved and reaping the benefits.”

If you are interested in becoming an official Umbria Ambassador and earning additional UMBR please get in touch at [email protected] using the subject ‘Brand Ambassador’ in your email.