Umbrella Network Launches Community Validator Program Umbre | Top DeFi
Umbrella Network Launches Community Validator Program
Umbrella Network, a decentralized oracle service provider, recently announced the launch of the UMB Community Validator Program to take the next step toward becoming a truly decentralized oracle.
"Umbrella has opened applications for the first batch of community validators on BSC. We hope to find some qualified and experienced community members to join the initial group, but anyone with cloud or web server experience is welcome to apply," the announcement reads.
Umbrella will use UMB tokens to compensate and reward reviewers so they can get appropriate incentives to run the node, but they must be able to bear the cost of running one node for 1 month.
DeFi follows the idea of rebuilding the infrastructure of financial services and moving it into a fully decentralized structure, removing the need for third parties such as companies and governments. ...