Umbria Network

The Umbria Network bridge is a capital-efficient, multi-chain asset bridge which enables the cheap and fast migration of fungible assets between cryptocurrency networks. It uses a novel liquidity provision protocol that greatly decreases the cost of transferring funds between chains in comparison to traditional validator-driven mint/burn, lock/unlock bridges. The Umbria Network bridge protocol also offers a remarkable improvement in speed-to-finality for cross-chain asset bridging, when compared to other popular bridging methods. The protocol lowers the cost, and increases the speed of cross-chain bridging by replacing costly and slow on-chain operations with a quick and cheap multi-chain oracle system.

The Umbria Network bridge protocol uses crowd-sourced liquidity to facilitate bridging of cryptocurrency assets across chains. The bridging protocol generates fee-based rewards to liquidity providers, as an incentive for liquidity provision. Umbria Network’s liquidity-bridging model facilitates a new set of financial opportunities for DeFi and NFT users who require faster and/or lower-cost bridging.