Umbrella Coin

1. Summary

Ranks

Liquidity

-

Developer

-

Social

14

Momentum (beta)

0

Stack Rank™

-

Price

$0.000387630000 0.0%

Market Cap

$0.00 (#8480)

Supply

/

Tags

Business Platform Ethereum Ecosystem

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Price
52W High price	$0.001248445100
52W High date	19th Sep 2022 (2 years ago)
All Time High (ATH) Date	30th Jul 2024 (3 months ago)
All Time Low (ATL) Date	30th Jul 2024 (3 months ago)

Supply & Trading Volume

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Description

Umbrella Network is a multi-chain decentralized oracle service. It utilizes the native UMB token, which is available on multiple blockchain platforms such as Ethereum and Binance Smart Chain (BSC), using different token standards. The project employs a Delegated Proof of Stake (DPoS) consensus mechanism, allowing community members to participate in...

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Umbrella Network is a multi-chain decentralized oracle service. It utilizes the native UMB token, which is available on multiple blockchain platforms such as Ethereum and Binance Smart Chain (BSC), using different token standards. The project employs a Delegated Proof of Stake (DPoS) consensus mechanism, allowing community members to participate in staking and receive rewards. The platform aims to provide secure and decentralized data solutions for decentralized finance (DeFi) applications, reducing gas fees through advanced technologies such as Merkle trees. Umbrella Network is governed by its community through voting with UMB tokens, ensuring decentralized decision-making processes.###

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