Umbrella Network Partnership With Klever Finance

Published on: 14.02.2022

Umbrella Network is pleased to announce a broad-ranging partnership with Klever Finance, a cryptocurrency exchange, and a validator provider, among other things. This partnership adds the UMB token, both ERC20, and BEP20 versions, for trading on the Klever Exchange.

While Klever Finance users/traders get access to trade a new cryptocurrency (UMB) that powers the largest decentralized oracle by trading volume, Umbrella Network gains an additional exchange-listing and an additional community validator.

Umbrella’s Community Validators are the bedrock of the oracle network, ensuring the security, accuracy, and validation of data as it’s processed and written on-chain.

It is this data that is retrieved by dApps looking to get authentic, up-to-date, and wide-ranging data. Klever Finance joins as a community validator in Umbrella Network’s third cohort of community validators.

Klever Finance brings a wealth of expertise in running a validator node as they have been operating validator nodes for some of the biggest names in the industry.

“We’re excited to partner with Klever Finance across multiple fronts. Not only is it great to get listed on their exchange, but it’s also of immense value that we can welcome them on board as a community validator. Their wealth of experience as a node operator and validator will be a great benefit for our broader community, and we look forward to them joining us in our journey towards complete decentralization as we move towards DPoS this year.”— John Chen, President of Umbrella Network

The UMB token is now listed on the Klever Exchange. This enables UMB HODLers to use the Klever Wallet to store their ERC20 or BEP20 UMB tokens, accumulate more, and/or reduce their positions.

Klever Swap located within the Klever Wallet mobile app (both iOS and Android) enables users to directly trade UMB (both ERC20 and BEP20).

ABOUT Klever
Klever.io is a crypto wallet ecosystem serving over 3 million users worldwide via its Klever App, Klever OS, Klever Swap, Klever Exchange, and other emerging products and services. Klever App is a simple, fast, smart, and secure crypto wallet, serving as the epicenter of the Klever network. The Klever ecosystem supports the world’s major blockchains such as BTC, ETH, TRX, BNB, XRP, LTC, and many others for storing, sending, receiving, charging, and swapping cryptocurrencies.

ABOUT Umbrella Network
Umbrella Network is a scalable, decentralized, and community-owned oracle that utilizes Layer 2 technology to integrate real-time data into smart contracts for accurate and timely reports. Umbrella Network brings the world’s data to blockchains to enable DeFi applications to perform at the optimum level regarding precise information dissemination. It believes a decentralized oracle is paramount to creating a truly decentralized financial space.

RESOURCES
Medium

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