Umbrella Network Official Announcements
СтатистикаOfficial Announcement Channel for Umbrella Network
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By the end of today, Umbrella Network will officially cease all operations. It has been an incredible four years. We are profoundly grateful for the dedication and support from our team, validators, partners, and—most importantly—our dedicated community. We simply could not have made it this far without you. Key Information for $UMB Holders:👇👇 👉Staking Portal: Remains operative until March 20, 2026. Please remember to claim your rewards before this date if you want to do it through the site. 👉Trading: $UMB remains tradeable on Gate.io, Uniswap v2 and PancakeSwap. 👉Code: Our open-sourced code will remain on GitHub. We hope it will contribute to the continued innovation of the oracle space: github.com/umbrella-netwo… This marks the end of our journey. Thank you for being a part of the Umbrella Network story.💜 ☂️ 👍 🤗 🤝
🚨 Important Community Update 🚨 Dear Umbrella Network community, We have published an important announcement regarding the future of Umbrella Network on our official X account. 👉 Please take a moment to read the full update here: https://x.com/umbnetwork/status/1962515792651550917?s=46&t=9HsxW_hY0i15xA-TZGm0VA — The Umbrella Network Team
☂️Speed is King. ☂️ Fast oracles ensure DeFi traders can capitalize on market movements instantly. Slow oracles create windows for malicious actors to exploit price differences. Even a few milliseconds’ delay can mean a catastrophe. As an advanced, customizable oracle solution, we offer flexible update frequencies allowing protocols to tailor it based on their needs.
Centralized oracles = single point of failure Choose decentralization. 👉 https://x.com/umbnetwork/status/1947410886794138053?s=46&t=9HsxW_hY0i15xA-TZGm0VA
Faulty oracles can drain millions in seconds. Short trip down memory lane: 👇 Synthetix: In 2019, a single oracle misreported Korean Won prices 1000x, risking $1B. Compound: In 2020, a Coinbase oracle error mispriced DAI, triggering $89M in liquidations. Mirror Protocol: In 2022, outdated Terra oracle data enabled a $2M exploit. Mango Markets: In 2022, manipulated low-liquidity token prices via flash loans stole $114M Be safe and mitigate risk with:👇 🔒 Multi-source data aggregation 🔒 Decentralized oracle networks (Umbrella) 🔒 Regular audits & anomaly detection Prioritizing oracle security is non-negotiable.
☂️Not all oracles work the same way… There are two key models: 🫸Pull: Smart contracts request data on demand 🫷Push: Data is automatically updated on-chain at regular intervals Both are essential to keeping DeFi running without any hiccups One ecosystem can need both models to fuel their dApps A thriving ecosystem needs both to fuel their next-gen apps. Umbrella leads the way in both. Ready to build with the best?
☂️empowers DeFi with secure, scalable, and customizable data solutions Check out how we support our partners 👇 1️⃣ Enabling security for enterprises with Concordium: 👉👉 https://x.com/umbnetwork/status/1915454799190884792?s=46&t=9HsxW_hY0i15xA-TZGm0VA 2️⃣ Supporting BTCfi with Rootstock: 👉👉 https://x.com/umbnetwork/status/1915454800986349640?s=46&t=9HsxW_hY0i15xA-TZGm0VA 3️⃣ Advancing true decentralization with Massa: 👉👉 https://x.com/umbnetwork/status/1915454802990969148?s=46&t=9HsxW_hY0i15xA-TZGm0VA 🟢 DeFi runs on data. Let’s make it stronger. 🤝
☂️ Important update ☂️ After careful consideration, we’ve decided to decommission the AVAX bridge as part of our strategic shift to better engage and support our community. We’re always looking for ways to improve, and after evaluating the bridge’s role, we believe reallocating resources will help us build even stronger solutions. ⚡️What You Need to Know: By March 30, 2025, 2PM UTC: Transactions via the Avalanche bridge will be disabled. 🌈 Next Steps for You: If you have any UMB on the Avalanche bridge, please move it before the decommissioning date. If you’re currently facing any issues with the bridge, feel free to email help@umb.network or reach out to us through the official Telegram channel. We appreciate your support and let’s keep building 🤝
Oracles are the key between blockchain and the real world, bringing data on-chain to power the smart contracts you interact with. ☂️ From DeFi to GameFi, oracles make real-time data accessible. Without them, these ecosystems wouldn't function as we know them.
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☂️ How do oracles power BTCfi? ☂️ Without oracles, DeFi is blind. We deliver secure, real-time BTC price feeds, powering lending, trading, and on-chain apps across top ecosystems. Here’s how our BTC data is shaping the future 🧵 👇 ☂️ 1️⃣ We bring BTC data to multiple leading ecosystems: Rootstock is Bitcoin's DeFi layer. OurBTC/USD price feed supports platforms like Balmy ensuring fair pricing and security. 2️⃣ More BTC price feeds on: Concordium: the privacy-first and compliance-driven ecosystem Learn more: 👉https://x.com/umbnetwork/status/1900538225141432346?s=46&t=9HsxW_hY0i15xA-TZGm0VA 3️⃣ Spreading BTC love across: MultiversX: the internet-scale, secure foundation with over 3k validator nodes Learn more: 👉https://x.com/umbnetwork/status/1900538227779616796?s=46&t=9HsxW_hY0i15xA-TZGm0VA 4️⃣ Powering automated smart contracts with BTC on: Massa: the first decentralized cloud network Learn more: 👉https://x.com/umbnetwork/status/1900538230308839859?s=46&t=9HsxW_hY0i15xA-TZGm0VA 5️⃣ BTC for everyone on: 5ireChain: the sustainability-focused ecosystem Learn more: 👉https://x.com/umbnetwork/status/1900538232544297280?s=46&t=9HsxW_hY0i15xA-TZGm0VA 📕 Oracles bring real-time BTC data where it's needed most. Secure data and strong infrastructure create a more powerful ecosystem 🤝
Oracles carry lending markets on their shoulders, they: ☂️ Prevent bad debt with accurate liquidation triggers ☂️ Enable fair collateral valuation ☂️ Keep markets decentralized and trustless Oracles make trustless lending possible. Meet the lending market using Umbrella’s feeds 👇🤝 https://x.com/umbnetwork/status/1871194232280555950?s=46&t=9HsxW_hY0i15xA-TZGm0VA
🥳 ETHDenver was a blast 🔥 New lessons learned and rekindled great connections. Now we’re taking the next steps to show you how we’ll expand and push forward. 🚀 Comment using the link below on X what you’d like to see more from us: 👇👇https://x.com/umbnetwork/status/1896967331064242329?s=46&t=9HsxW_hY0i15xA-TZGm0VA Thanks to all of: 0G Labs, Aptos, Spectra, BOB, Taraxa. 🤗🤝
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☂️ Product update ☂️ We’ve enhanced our VWAP on Rootstock, making pricing: ✅ Safer for lending markets ✅ Stronger for derivatives pricing ✅ Better for collateral valuation ✅ More efficient with less congestion and gas costs Smarter oracle, stronger defi 🤝
Don’t know what you need? No worries, Umbrella will guide you through the light 🤝 To get started visit our website 👇 https://www.umb.network/
Umbrella 🔜 ETHDenver Scaling your protocol starts with the right infrastructure. We’ll be at ETHDenver to talk on-chain data, reliability, and scaling solutions. Dm us to connect or DM @Ivankovic8 on telegram 🤝
The best kinds of price feeds are exotic. Umbrella isn’t just about standard feeds. We’re here to meet your specific, complex needs. 🤝 ☂️
In 2024, we deployed across 8 ecosystems, strengthened our infrastructure, and expanded our reach. 🚀 Now, 2025 marks a new phase for: ☂️ Moore chains→ expanding to new ecosystems needing custom solutions. ⚡️Powering AI Agents→ enabling AI agents with real-time, trusted on-chain data. 💪Self-service feeds→ letting clients customize data sources, aggregation methods, and risk settings. This roadmap is about scaling what works, refining the tech, and meeting real-world demand. 🔗👇 Read it now: 📖 📕 https://medium.com/umbrella-network/umbrella-network-updated-2025-roadmap-7b42515e5307
We're live! 🔥🤝☂️ https://x.com/umbnetwork/status/1884243551900557531?s=46&t=9HsxW_hY0i15xA-TZGm0VA