Umbria DeFi Platform Announces First Airdrop of its UMBR Token

Umbria Network
2 min readFeb 23, 2021

Decentralised Finance (DeFi) protocol Umbria is rewarding early supporters of its nascent protocol by airdropping 100,000 of its governance utility tokens.

Holders of UMBR tokens - available on Uniswap - or UMBR-ETH Liquidity Pool tokens (tokens issued for adding liquidity to the UMBR-ETH pool on decentralised cryptocurrency exchange Uniswap) on March 1st, 2021 will be able to participate in the airdrop. They will need to have a Metamask wallet .

Umbria is rewarding eligible crypto enthusiasts with its tokens

UMBR and UMBR ETH LP-holders (minimum 100 umbr or 2 umbr ETH-LP) simply have to visit and press the "Claim Airdrop" button to get Their share of the airdrop. The tokens will then be distributed directly into their Metamask wallets on April 2nd, 2021. The airdrop will be on chain facilitated by Ethereum Smart Contracts.

Users of the Umbria platform will soon be able to swap tokens and earn interest on their cryptocurrency positions on the Umbria website with other facilities coming online which will utilize the Umbria protocol and its utility token. UMBR tokens will give holders the ability to shape the future of the Umbria ecosystem itself.

“The Umbria project is a collective effort, which is already gaining good traction and seeing a lot of interest,” said Oscar Chambers, Co-Lead Developer at Umbria. "This first airdrop is a great way to reward existing participants and encourage more early adoption of Umbria, which will hopefully be a steppingstone to unlocking the mass adoption of DeFi."

Umbria is on a mission to demystify and simplify DeFi and get people earning income on their crypto.

Join the journey and connect with us on Umbria Discord channel, Telegram , Twitter , Facebook , Bitcointalk or LinkedIn pages to find out more about the project.



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