LONDON, March 10, 2021 /PRNewswire/ -- Decentralised
Finance (DeFi) protocol Umbria has initiated the first phase
of its bounty program.
Umbria -
https://umbria.network/- is inviting crypto enthusiasts with social
media flair to spread the word about the project's upcoming Airdrop
and earn $UMBR in return. By performing specific social media
tasks, participants will be rewarded with varying amounts of
Umbria protocol's governance token
(currently traded on Uniswap).
Anyone creating approved content relating to the Umbria Airdrop
such as YouTube videos, blog posts and infographics
or raising awareness on social media platforms including
Twitter, Facebook, Quora, LinkedIn, TikTok, Bitcointalk or Reddit
will be paid in UMBR. The full details and list of social media
activities and bounty available can be viewed here.
To claim the rewards for completing an Airdrop-specific bounty
task, proof should be submitted to the
bounty-program channel of Umbria's
Discord. Once verified, participants will receive Umbria through the Polygon sidechain directly
into their Metamask[1] wallet. 10,000 UMBR has been
allocated for this initial part of the bounty program.
Umbria, whose governance
utility token UMBR can be bought, swapped and added to liquidity
pools on Uniswap, recently took the snapshot for its first
Airdrop, which will take place on April 2nd: Umbria DeFi
Platform Announces First Airdrop of its UMBR Token
The next snapshot (snapshot of the ledger to determine
existing UMBR holders) for the second airdrop will take place on
April 15th.
- Users who hold 100 UMBR will receive a portion of 33.4% of the
100,000 UMBR airdrop allocation relative to the total amount of
tokens held by the community on the 15th May
- Umbria holders who provide
liquidity to the UMBR-ETH LP pool in Uniswap will receive a portion
of 66.6% of the 100,000 UMBR airdrop relative to the total amount
of LP tokens held by the community on the 15th May
- The number of tokens received will be a percentage of the
airdrop divided by the total UMBR and UMBR-ETH held by the
community. This value is calculated at the time of the
snapshot
"We want the community to spread the word, engage and interact
with the brand and earn Umbria,"
said Oscar Chambers, co-founder and
co-lead developer of Umbria.
"We've seen a lot of interest surrounding the first airdrop and the
project in general and want to organically build on this and get
more people involved and reaping the benefits."
If you are interested in becoming an official Umbria Ambassador and earning additional UMBR
please get in touch at hello@umbria.network using the subject
'Brand Ambassador' in your email.
About Umbria
https://umbria.network/
Umbria is a decentralized
protocol, which enables DeFi (Decentralised Finance) applications
on the Ethereum blockchain. It aims to demystify and simplify DeFi
and get people earning income on their crypto. On the Umbria network, anyone will gain access to a
developing suite of services created by smart contracts.
You can buy UMBR on UniSwap and add liquidity to earn fees.
A user of Umbria will soon be able
to swap tokens and earn interest on their cryptocurrency positions
on the Umbria website with other
facilities coming online (via developers and community initiatives)
which will utilise the Umbria
protocol and its utility token. One of the initial features of
Umbria is that it will allow users
to deposit cryptocurrency as liquidity in AMM (automated market
making) pools to earn fees from token swapping and earn additional
Umbria as an incentive for
providing liquidity. The Umbria
governance token will also allow users in the network to take
control over decision-making and have voting power over the
development of Umbria's
protocol.
UK-publicly listed Online Blockchain plc (LSE:OBC) is
acting as Umbria's coordinator,
administrator and advisor.
[1] Participants will need to have a Metamask wallet in order to
receive their Umbria tokens.
Media contacts:
Francesca De Franco
+44-(0)-7941-253-135
francescad@advfnplc.com
View original
content:http://www.prnewswire.com/news-releases/online-blockchain-plc-umbria-defi-launches-airdrop-bounty-program-to-reward-social-media-marketers-301243830.html
SOURCE Online Blockchain plc