Press release
PRESS RELEASE. BitMax.io (BTMX.com), an industry-leading digital asset trading platform developed by veterans of Wall Street quant trading, has announced the listing of UMB tokens (UMB) under the trading pair of UMB / USDT on March 10 at 9:00 a.m. EST.
Umbrella Network is a community owned, decentralized Oracle service that provides secure, affordable and massively scalable data solutions for blockchain and decentralized financial (DeFi) applications. The native UMB token is used for governance and liquidity rewards in a delegated proof-of-stake system.
Umbrella provides multi-segment blockchain developers with access to data that was previously unavailable, including mid- and long-tail crypto assets and real-world financial data. Current Oracle solutions require users to compromise between the security of the data or the freshness / vitality of the data. With Umbrella, developers can have both.
Several oracle projects have entered the cryptocurrency ecosystem recently. However, many of these projects are still in the early stages with minimal product development and viable business models. Umbrella Network aims to be the third viable product in the market after industry leaders Chainlink and Band Protocol.
About BitMax.io
BitMax.io was launched in August 2018 and is a leading digital asset trading platform with a wide range of financial products and services for retail and institutional clients cashbox to Margin trading, Derivatives trading, Staking out productsand other investment solutions.
Further information and updates can be found at:
Website: https://bitmax.io/
Twitter: https://twitter.com/BitMax_Official
Telegram: https://t.me/BitMaxioEnglishOfficial
Medium: https://medium.com/bitmax-io
About umbrella
Umbrella Network is a Layer 2 Oracle technology that delivers data with the frequency, volume, and affordability to enable DeFi on a large scale. Umbrella has a strong combination of an experienced technical and business driven team, respected and influential investors, key opinion leaders, social media presence and the existing traction of partnerships and product development. In short, Umbrella is well positioned to be a major player in DeFi development in the years to come.
Website: https://www.umb.network/
Twitter: https://twitter.com/UmbNetwork
Telegram: https://t.me/umbrellanet
Medium: https://medium.com/umbrella-network
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