Place/Date: – April twenty ninth, 2021 at 2:55 pm UTC · 2 min learn
Contact: AscendEX,
Supply: AscendEX

Picture: AscendEX

AscendEX, previously BitMax, an industry-leading digital asset buying and selling platform constructed by Wall Avenue quant buying and selling veterans, has introduced the staking of the Umbrella token (UMB) on Apr 26  at 2:00 p.m. UTC.

AscendEX’s modern staking product permits customers to take part in staking and earn rewards immediately on the platform.  Umbrella Community joins a rising portfolio of notable tokens together with  DOT, ATOM, and XTZ. AscendEX might be receiving validator rewards by operating a UMB node which they are going to cross alongside to staking customers.

Umbrella Community is a community-owned, decentralized oracle service offering safe, low-cost, and massively scalable knowledge options to blockchain and decentralized finance purposes. The UMB native token is utilized for governance and liquidity rewards in a Delegated Proof of Stake system.

Umbrella gives entry to knowledge beforehand unavailable to blockchain builders throughout a number of segments, together with mid and long-tail crypto property and real-world monetary knowledge. Present oracle options require customers to compromise between the safety of the information or freshness/liveliness of the information. With Umbrella, builders can have each.

Not too long ago, a number of oracle initiatives have entered the digital asset ecosystem; nevertheless, many of those initiatives are nonetheless at an early stage with minimal product growth and viable enterprise fashions. Umbrella Community seeks to be the third viable product in-market behind {industry} leaders Chainlink and Band Protocol.

About AscendEX

Initially based in 2018 as BitMax.io, AscendEx is a number one crypto and digital asset monetary platform catering to each skilled and retail merchants. Our venue presents spot, futures, margin buying and selling and staking merchandise and incorporates key components from the DeFi area to foster a singular market construction for customers. AscendEx is led by a staff of Wall Avenue veterans who’ve utilized conventional markets’ rigor to create a strong, safe, and dependable expertise for all members; and a constant supply of liquidity for main choices.

For extra info and updates, please go to: Twitter, Telegram, Medium.

About Umbrella Community

Umbrella Community is a community-owned, decentralized oracle service offering safe, low-cost, and massively scalable knowledge options to blockchain and decentralized finance (DeFi) purposes.

For extra info and updates, please go to: Twitter, Telegram, Medium.

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