Connect with us
Prague Gaming & TECH Summit 2025 (25-26 March)

Blockchain

Umbria Token Fully Compatible with Polygon’s Layer 2 Chain

Published

on

 

The Umbria governance token (UMBR) has been added to Polygon’s token mapper paving the way for key Umbria DeFi developments on Layer 2.

Umbria Network (https://umbria.network/) can now create a suite of applications on Polygon, which will be part of the Umbria ecosystem. Polygon – formerly Matic – provides scalable, secure and instant Ethereum transactions using their plasma proof of stake chain. Users of Umbria Network will be able to benefit from the fast, low-cost transactions (two second blocks with approximately 1c transaction fees) and heightened user experience that it affords.

Umbria will start developing its Decentralized Exchange’s (DEX) features on Polygon’s chain and can now fulfil bounty programs and airdrops and create farms and other DeFi products within a faster and cheaper environment.

“Token mapping of Umbria on Polygon PoS chain https://twitter.com/0xPolygon opens the door for our development on Layer 2 and a range of exciting opportunities for the Umbria protocol,” said Barney Chambers, co-lead developer at Umbria. “Polygon have been instrumental in helping drive the project forward and the next few months are going to be filled with exciting innovation.”

Advertisement

“We’re pleased to welcome Umbria’s ecosystem of DeFi products to Polygon, and we look forward to demystifying DeFi and making it accessible for the next wave of users in collaboration with Umbria,” said Arjun Kalsy, VP Growth – Polygon (previously Matic Network).

Blockchain

Bybit Launches Recovery Bounty Program with Rewards up to 10% of Stolen Funds

Published

on

bybit-launches-recovery-bounty-program-with-rewards-up-to-10%-of-stolen-funds

Bybit Launches Recovery Bounty Program with Rewards up to 10% of Stolen Funds

Continue Reading

Blockchain

Blaqclouds, Inc. Appoints Nicholas Stover as Chief Marketing Officer

Published

on

blaqclouds,-inc.-appoints-nicholas-stover-as-chief-marketing-officer
Continue Reading

Blockchain

Blaqclouds, Inc. Announces the Launch of BitNotify.io: The Ultimate Crypto Alert and Notification Platform

Published

on

blaqclouds,-inc-announces-the-launch-of-bitnotify.io:-the-ultimate-crypto-alert-and-notification-platform
Continue Reading
Advertisement
 title=
Advertisement

Latest News

Recent Listings

  • Global Payout, Inc.

    Since the Company’s inception in 2009, Global Payout, Inc. has been a leading provider of compreh...

  • MTrac Tech Corp.

    MTrac Tech Corporation, a Nevada Corporation, is a privately held, wholly owned subsidiary of Glo...

  • Net1

    Net1 is a leading provider of transaction processing services, financial inclusion products ...

  • uBUCK Technologies SEZC

    Based in Georgetown, Cayman Islands, uBUCK Tech is a fintech enterprise that specializes in digit...

  • LiteLink Technologies Inc.

      LiteLink is a major player in developing world-class enterprise platforms that utilize ar...

  • Good Gamer Corp.

      Good Gamer Corp. is a privately-held technology company focusing on gamers and streamers....

  • BitPay

      Founded in 2011, BitPay pioneered blockchain payment processing with the mission of trans...

  • About Net1

      Net1 is a leading provider of transaction processing services, financial inclusion produc...

  • Blockchain Foundry Inc.

    Headquartered in Toronto, Canada, Blockchain Foundry (CSE:BCFN)(FWB:8BF)(OTC:BLFDF) is a global b...

  • Sixgill

    Sixgill provides a full suite of universal data automation and authenticity products and services...

Trending on TBE