Narni

Umbria Network Admitted to Polygon’s Accelerator Program to Enhance Development

Retrieved on: 
Tuesday, June 7, 2022

London, UK, June 07, 2022 (GLOBE NEWSWIRE) -- Umbria Network - https://umbria.network/ - has joined the Polygon Ecosystem DAOs Polygon Village , an initiative designed to assist developers in growing their projects.

Key Points: 
  • London, UK, June 07, 2022 (GLOBE NEWSWIRE) -- Umbria Network - https://umbria.network/ - has joined the Polygon Ecosystem DAOs Polygon Village , an initiative designed to assist developers in growing their projects.
  • Following an initial development grant from Polygon in early 2021, the latest collaboration will see Polygon Village bolstering Umbrias marketing efforts to take the project to the next level.
  • Polygons marketing assistance will be deployed to increase awareness of the widget and its accompanying referral program; an initiative that provides partners with an additional incentive in the form of a brand-new revenue stream.
  • Projects wishing to apply should fill out this form: https://referral.umbria.network/
    Being invited into the Polygon Village accelerator program is a boon for Umbria and will be a catalyst for growth.

Umbria Network's Cross-chain Narni Bridge Surpasses 100,000 Transactions

Retrieved on: 
Tuesday, May 3, 2022

London, May 03, 2022 (GLOBE NEWSWIRE) -- Online Blockchain plc, administrator, co-ordinator and adviser to Umbria Network, is pleased to report on the excellent progress of the platforms cross-chain asset bridge Narni.

Key Points: 
  • London, May 03, 2022 (GLOBE NEWSWIRE) -- Online Blockchain plc, administrator, co-ordinator and adviser to Umbria Network, is pleased to report on the excellent progress of the platforms cross-chain asset bridge Narni.
  • Transaction volume has consistently risen on Narni with average transactions per day now totalling 600, and transaction values ranging anywhere between $3 and $50,000.
  • In addition to benefitting from incredibly fast and cheap transactions, users of Narni can put their crypto assets to work by staking them to the bridge to earn fees that produce a high ROCE on their crypto.
  • With a nominal marketing budget, transaction volume on the Narni bridge has accelerated considerably.

Umbria Network Releases Fastest, Cheapest Arbitrum Cross-chain Bridge

Retrieved on: 
Tuesday, April 26, 2022

London, UK, April 26, 2022 (GLOBE NEWSWIRE) -- Umbria ( $UMBR ) is pleased to announce the official launch of its Arbitrum bridge, marking the fourth cross-chain bridge to be added to the site this year.

Key Points: 
  • London, UK, April 26, 2022 (GLOBE NEWSWIRE) -- Umbria ( $UMBR ) is pleased to announce the official launch of its Arbitrum bridge, marking the fourth cross-chain bridge to be added to the site this year.
  • The Narni bridge - https://bridge.umbria.network/ - now facilitates the markets cheapest and fastest movement of $ETH between the Ethereum Mainnet and Arbitrum One, the chain implementing Arbitrums tech.
  • Price comparison testing of Narni versus the official Arbitrum bridge provided the following results:
    Speed: 4 minutes and 19 seconds.
  • The APYs can be viewed here: https://bridge.umbria.network/staking-pool/
    In addition to Arbitrum, Umbria currently provides the fastest and cheapest bridging from the Ethereum network to the Polygon network, Avalanche network, Binance Smart Chain and Fantom (and vice versa).

Umbria Network Releases Cheapest Fantom Cross-chain Bridge on the Market

Retrieved on: 
Monday, March 28, 2022

London, UK, March 28, 2022 (GLOBE NEWSWIRE) -- (via Blockchain Wire ) Umbria ( $UMBR ) today announces the full public launch of its Fantom (FTM) bridge the third cross-chain bridge to be added to the platform in Q1 of 2022.

Key Points: 
  • London, UK, March 28, 2022 (GLOBE NEWSWIRE) -- (via Blockchain Wire ) Umbria ( $UMBR ) today announces the full public launch of its Fantom (FTM) bridge the third cross-chain bridge to be added to the platform in Q1 of 2022.
  • Unlike other Fantom bridging solutions, where native Ethereum first has to be wrapped (WETH) before being transferred, the Narni liquidity bridge - bridge.umbria.network - makes the process of moving Ether (ETH) between the Ethereum Mainnet and the Fantom network quick, cheap and easy.
  • Price comparison testing of Narni versus the Multichain bridge, which is endorsed on the Fantom website, provided the following results (with gas price normalised for fair comparison): 1
    Narni Bridge: Fantom to Ethereum - cost: $6.66
    Multichain Bridge: Fantom to Ethereum - cost: $66.74
    Narni Bridge: Ethereum to Fantom cost: $6.57
    Multichain Bridge Ethereum to Fantom - cost: $9.29
    Umbria already provides the fastest and cheapest bridging from the Ethereum network to the Polygon network, Avalanche network andBinance Smart Chain(and vice versa) with bridges for more EVM-compatible chains road mapped for 2022.
  • Umbrias Narni bridge is helping the decentralised community discover a host of more efficient chains such as Fantom and access them cheaply, quickly and easily.

Online Blockchain plc: Umbria Partners with head5 to Make deadmau5 x Smearballs NFT Series Available to a Wider Audience

Retrieved on: 
Monday, March 14, 2022

Operating within the DeFi and NFT space, Umbria Network enables anyone to migrate cryptocurrency assets across chain cheaply and quickly.

Key Points: 
  • Operating within the DeFi and NFT space, Umbria Network enables anyone to migrate cryptocurrency assets across chain cheaply and quickly.
  • Narni eliminates the barriers to entry for engaging with DeFi applications and NFTs making them much more accessible to a wider audience.
  • A Cross-chain Asset Bridge: enables the fast and cheap transfer of assets between otherwise incompatible blockchains and cryptocurrency networks.
  • Provides fast and cheap token swapping
    UK-publicly listed Online Blockchain plc (LSE: OBC) acts as Umbria's coordinator, administrator and advisor.

Umbria Partners with head5 to Make deadmau5 x Smearballs NFT Series Available to a Wider Audience

Retrieved on: 
Monday, March 14, 2022

Operating within the DeFi and NFT space, Umbria Network enables anyone to migrate cryptocurrency assets across chain cheaply and quickly.

Key Points: 
  • Operating within the DeFi and NFT space, Umbria Network enables anyone to migrate cryptocurrency assets across chain cheaply and quickly.
  • Narni eliminates the barriers to entry for engaging with DeFi applications and NFTs making them much more accessible to a wider audience.
  • Additionally, bridge liquidity providers earn high APYs on their crypto assets with no impermanent loss.
  • A Cross-chain Asset Bridge: enables the fast and cheap transfer of assets between otherwise incompatible blockchains and cryptocurrency networks.

Umbria Network Releases Lowest-cost Avalanche Cross-chain Bridge

Retrieved on: 
Tuesday, February 15, 2022

LONDON , Feb. 15, 2022 (GLOBE NEWSWIRE) -- Umbria ( $UMBR ) is pleased to announce the full public launch of its highly anticipated Avalanche (AVAX) bridge ahead of schedule.

Key Points: 
  • LONDON , Feb. 15, 2022 (GLOBE NEWSWIRE) -- Umbria ( $UMBR ) is pleased to announce the full public launch of its highly anticipated Avalanche (AVAX) bridge ahead of schedule.
  • Users of Umbrias Narni liquidity bridge -bridge.umbria.network- can now move their Ether (ETH) between the Ethereum Mainnet and the Avalanche network quickly, easily and cheaply; approximately 90% less than the official AVAX bridging solution.
  • Comparison testing of the two bridges for sending 0.01 ETH from the Ethereum network to the Avalanche network (February 11th, 2022) provided the following results:
    AVAX official bridge -Cost $27.62; transaction speed: 10 minutes and 34 seconds
    The Narni bridge already provides the fastest and cheapest bridging from the Ethereum network to the Polygon network and Binance Smart Chain (and vice versa) and will shortly be adding Fantom.
  • Our bridging protocol removes these barriers, which ultimately increases access to Avalanche projects from Ethereum, said Barney Chambers, co-lead developer and founder of Umbria Network.

Online Blockchain plc: Umbria Network Releases Lowest-cost Avalanche Cross-chain Bridge

Retrieved on: 
Wednesday, February 16, 2022

LONDON, Feb. 16, 2022 /PRNewswire/ -- Umbria ( $UMBR ) is pleased to announce the full public launch of its highly anticipated Avalanche (AVAX) bridge ahead of schedule.

Key Points: 
  • LONDON, Feb. 16, 2022 /PRNewswire/ -- Umbria ( $UMBR ) is pleased to announce the full public launch of its highly anticipated Avalanche (AVAX) bridge ahead of schedule.
  • Users of Umbria's Narni liquidity bridge- bridge.umbria.network - can now move their Ether (ETH) between the Ethereum Mainnet and the Avalanche network quickly, easily and cheaplyat approximately a 90% discount to the official AVAX bridging solution.
  • Comparison testing of the two bridges for sending 0.01 ETH from the Ethereum network to the Avalanche network (February 11th, 2022) provided the following results:
    AVAX official bridge - Cost $27.62; transaction speed: 10 minutes and 34 seconds
    The Narni bridge already provides the fastest and cheapest bridging from the Ethereum network to the Polygon network and Binance Smart Chain (and vice versa) and will shortly be adding Fantom.
  • Our bridging protocol removes these barriers, which ultimately increases access to Avalanche projects from Ethereum," said Barney Chambers, co-lead developer and founder of Umbria Network.

Online Blockchain plc: USDC is Latest Asset to be Added to Umbria’s Cross-Chain Narni Bridge

Retrieved on: 
Wednesday, September 29, 2021

$USDC holders can also lend their tokens (provide liquidity) to the bridge in the protocols Pool and Earn staking feature to earn APY ( https://bridge.umbria.network/pool/ ).

Key Points: 
  • $USDC holders can also lend their tokens (provide liquidity) to the bridge in the protocols Pool and Earn staking feature to earn APY ( https://bridge.umbria.network/pool/ ).
  • These liquidity providers receive fees when other participants bridge USDC between networks.
  • Current ETH liquidity providers have been earning up to 99.99% APY by lending the asset to the bridge.
  • For more information about the bridge see the Umbria documentation page: bridge.umbria.network/docs and for feedback, questions and the very latest news about the Narni Bridge please head to our Discord channel .

Online Blockchain plc: Umbria DeFi protocol releases exceptional results for cross-chain transfer of USDT

Retrieved on: 
Wednesday, July 21, 2021

LONDON, July 21, 2021 /PRNewswire/ -- The testing of Umbria Network's cross-chain Narni bridge is in its final stages.

Key Points: 
  • Narni will enable users to move ERC-20 tokens securely from one blockchain network to another cheaply, quickly and easily.
  • Narni Bridge is being developed to make the whole ecosystem more efficient and remove the barriers that users presently experience.
  • "Umbria will have a bridge, which allows people to potentially transfer all their assets very easily from any DEX - such as Uniswap or SushiSwap - on any EVM compatible blockchain into the Umbria protocol.
  • This will give Umbria a massive advantage over many of its DeFi competitors," said Oscar Chambers, Co-lead developer of Umbria.