Post
Topic
Board Tokens (Altcoins)
Re: [PreANN] Umbria Network - DeFi with a focus on simplicity
by
LordShanken
on 27/01/2021, 20:48:55 UTC

For now we have forked sushiswap on ropsten testnet and are working on a much more friendly UI for mainstreaming DEFI to the masses - mainnet launch over the next 3 - 6 months.


So Umbria utility governance token is already tradable on UniswapProtocol and you can buy UMBR with ETH and earn some interest Smiley

Yes that's right. Governance will follow a similar path to sushiswap using compound's Governor Alpha. This means the token can be available from day 1.

The UMBR token will be used for this!

I'm not a DeFi specialist, or even a programmer to get a good understanding of smart contracts, but this two above statements are a bit contradictory for me.
In the first, you say that the project is still in the testnet phase, and in the second, that it is practically usable and tradable on Uniswap.
I don't seem to understand something .. Could you please explain?