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.

我們實時將 Umbrella Network 更新為 USD 貨幣。在 Coinbase 上獲取 Umbrella Network 的實時價格。

Umbrella Network 目前的市值為 US$2.164万。高市值意味著資產受到市場的高度重視。

Umbrella Network 的歷史最高紀錄是 US$2.58。這是自從 Umbrella Network 推出以來的最高價格。

在過去 24 小時中，Umbrella Network 的交易量為 US$2.27。

與 Umbrella Network 市值相似的資產包括 Catcoin (catcoin.io), iShares 1-3 Year Treasury Bond Tokenized ETF (Ondo), Bullish Tokenized Stock (Ondo) 和許多其他資產。若要查看完整清單，請參閱我們的可比市值資產。

Umbrella Network 目前的循環供應量為 2.9亿。