Umbrella Network (UMB) - Latest Market Data

Track the most recent price, market cap, volume, and performance data for Umbrella Network (UMB).

Download CoinRank on Google Play Download CoinRank on the App Store

Equity Overview

Price & Market Data

Price: $0.00258

Daily Change: +$0.0₃182 / 7.07%

Range: $0.0024 - $0.00265

Market Cap: $1,142,644

Volume: 2,096

Details

Umbrella Network is a scalable, cost-efficient, and community-owned oracle for the DeFi and blockchain community. Its Layer 2 technology uses the latest advances in Merkle tree technology to write multiple data points on a single on-chain transaction, so it allows for batching data to smart contracts accurately, securely, and inexpensively.Umbrella utilizes a Delegated Proof of Stake (DPoS) that benefits from the active participation of the community and token holders. UMB Utility Token holders will 1) select Validator Nodes, 2) participate in governance, 3) stake tokens in consensus rounds, and 4) generate rewards for staking tokens.

Selected cryptos

hiOD (HIOD)

hiRENGA (HIRENGA)

IQ Protocol (IQT)