Let the Fun and Games Commence - Polygon & Umbria

We know the community have known for a little while, but today we officially announced that the Umbria governance token (UMBR) had been added to Polygon's token mapper and is now fully compatible with Polygon's Layer 2 chain. 

This paves the way for lots of exciting Umbria DeFi developments on Layer 2 and unlocks the low transaction fees, fast block times and other innovations of Polygon. We can now create a suite of applications on Polygon, which will be part of the Umbria ecosystem and you will be able to benefit from the fast, low-cost transactions (two second blocks with approximately 1c transaction fees) and heightened user experience that it affords.

We're now developing our DEX (Q3 on our roadmap) features on Polygon's chain and can now fulfil bounty programs and airdrops and create farms and other DeFi products within a faster and cheaper environment.

"Token mapping of Umbria on Polygon PoS chain opens the door for our development on Layer 2 and a range of exciting opportunities for the Umbria protocol,"  

said Barney Chambers, co-lead developer at Umbria.

"Polygon have been instrumental in helping drive the project forward and the next few months are going to be filled with exciting innovation."

"We're pleased to welcome Umbria's ecosystem of DeFi products to Polygon, and we look forward to demystifying DeFi and making it accessible for the next wave of users in collaboration with Umbria,"

said Arjun Kalsy, VP Growth - Polygon (previously Matic Network).   

Watch this space...