Umbrella Network (UMB) is a community-owned decentralized oracle for DeFi applications. DeFi is the term used for peer-to-peer financial services on a public blockchain. The platform aims at securely bringing all the available data across the globe on-chain. Using the Umbrella platform, traders and developers can access the revolutionary financial unavailable data in the crypto space. 

The platform seeks to provide data solutions to exhibit high volume scalability and helps to provide diversified data. Umbrella network nodes are built on Layer 2 Merkle Trees to improve scalability and maintain data security. Merkle trees are a nonlinear binary hash tree-like data structure that helps verify data information without accessing the whole data set. In addition, Merkle Trees technology allows the Umbrella platform to aggregate thousands of transactions.

UMB is the native token for Umbrella Network. The UMB token is deployed on Ethereum and Binance Smart Chain (BSC) mainnet. Ethereum is a platform that can run a variety of applications. BSC is a decentralized blockchain network that enables the creation of and staking mechanisms. Mainnet is an independent blockchain running on its technology and protocol. UMB is compatible with ERC-20. ERC-20 defines how the tokens are transferred between the traders and how traders can access data.

According to the UMB litepaper, Umbrella Network aims to provide multiple beneficial activities to select validators’ nodes, governance activities, and decisions about ways of network operations. Besides this, the token delegated a proof-of-stake mechanism that helps the holders to achieve user fees. Moreover, the platform seeks to provide proper security to decentralize financial applications in lower-cost amounts. 

The litepaper of Umbrella Network was published on January 27, 2021. A team of twenty-two members launched Umbrella Network. Sam Kim, the senior adviser; John Chen, the president; and Migull Morales, the technical adviser, led the team.

We werken onze Umbrella Network naar EUR valuta in realtime bij. Ontvang de actuele prijs van Umbrella Network op Coinbase.

De huidige marktkapitalisatie van Umbrella Network is € 18,609K. Een hoge marktkapitalisatie houdt in dat het activum zeer gewaardeerd wordt door de markt.

Het hoogste punt ooit van Umbrella Network is € 2,22. Dit hoogste punt ooit is de hoogste prijs die is betaald voor Umbrella Network sinds de lancering.

In de afgelopen 24 uur was het handelsvolume van Umbrella Network € 36,014.

Activa die een vergelijkbare marktkapitalisatie hebben als Umbrella Network , zijn onder meer Veloce, UBIX.Network, Rapidz en vele anderen. Voor een volledige lijst, zie onze vergelijkbare marktkapitalisatie-activa.

Het huidige circulerende aanbod van Umbrella Network is 293 miljoen.