Umbrella Network is LIVE on Avalanche Mainnet

Umbrella Network’s decentralized oracles are now live on Avalanche’s mainnet.

Avalanche dApps can now directly procure faster, cheaper, more secure, and more diverse data points directly into their smart contracts

Owing to its high EVM-compatibility and fast growing ecosystem, the Avalanche mainnet launch was moved up six months to November

With over 1800+ data pairs available freely for all Avalanche dApps, Umbrella Network has cemented its position as the data oracle with the most data pairs, highest transaction volume, and now, widest coverage across Blockchains.

“We have seen a lot of momentum on Avalanche over the past few months,” said Sam Kim, Founding partner at Umbrella Network. “Umbrella Network is uniquely positioned to provide the data the ecosystem needs at a much higher scale and reduced price point compared to other oracles currently operating within the network. It is also well-positioned to support many of the dApps looking for more custom or sophisticated data solutions outside of the more commonly available data feeds.”

About Umbrella Network

Umbrella Network is a scalable, cost-efficient, and community-owned oracle for the DeFi and blockchain community. Its Layer 2 technology uses the latest advances in Merkle tree technology to write multiple data points on a single on-chain transaction, so it allows for batching data to smart contracts accurately, securely, and cost-effectively.

About Avalanche

Avalanche is the fastest smart contracts platform in the blockchain industry, as measured by time-to-finality. Avalanche is blazingly fast, low cost, and eco-friendly.

📰 INFO

https://medium.com/umbrella-network/umbrella-network-now-live-on-the-avalanche-mainnet-2a0b656ab3bd