Rewards Halving on UMBR-ETH Farm

Move over to UMBR-MATIC Farm: high APY and cheaper to harvest $UMBR

The Umbria team announces today (May 26th) that the rewards on the UMBR-ETH Farm will halve from 12.00pm BST on Wednesday, 2nd June.

Now that the UMBR-MATIC farm is live on the Polygon ecosystem you can farm your UMBR here where it will be much, much cheaper to enter/exit the farm and harvest. Of course you’ll also be earning additional UMBR and MATIC for providing liquidity in the UMBR-MATIC pool.

The UMBR-MATIC farm currently has an APY of 268%. Tokens are minted per block which is every two seconds on Polygon: 0.03 UMBR per block. The team is hopeful that this will remain one of the highest APY farms on Polygon.

We’d encourage you all to move to the UMBR-MATIC farm to benefit from ultra low transaction costs and earn high APY.

Configure your MetaMask wallet and connect to the MATIC Mainnet in order to access the Umbria Layer 2 Farm and Exchange here: https://umbria.network/connect/

Useful resources:

How To Earn Umbria on the Umbria Farm

How To Add Liquidity To The Umbria Exchange

How To Move Umbria to Polygon (MATIC) Chain

Earn interest on your cryptocurrency holdings and enjoy a high APY return on your investments.

Any questions please head to the Umbria Discord channel, Telegram, Instagram, Twitter, Facebook or LinkedIn. Become part of the journey!

Umbria is a decentralised protocol (Defi) which enables the creation of tokenised money markets. These money markets will enable users to accrue interest.

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