/biz/ - Business & Finance

get in mother fuckers

>>28814451
now proper marketing can start. Can't wait to see the partnership announcements this week and next

>>28814373
Why can i buy the rumb tokens? Theyre 20c and can be redeemed for 1:1 umb worth $2. Am i missing something or is this an instant 10x

>>28815006
rUMB are rewards for staking umb

>>28815006
You stake UMB for rUMB and they'll be redeemable 1:1 for UMB when the milestones are met or a certain time criteria is met (6-12 months) but can be sooner due to milestone. This prevents short term farming and dumps

Picked some up this morning before I even heard about the staking being released. Holy shit moon mission boys make this 45x into a 450x

>>28814373
whats the make it stack and suicide stack

>>28815209
>>28815385
But i found rumb token on uniswap and bought it there so did i dun goofd and bought a useless token?

>>28815822
yeah

>>28815822
https://medium.com/umbrella-network/primer-on-rumb-the-reward-tokens-of-umbrella-network-daf570b9104b

>>28815822
lol if you can hold for a year you can make a nice profit. But yeah you done goofed. these babies are free atm

>>28815822
CAn you link the contract adress for rumb btw?

>>28816721
0x1B17DBB40fbED8735E7fE8C9eB02C20984fAdfD6

>>28817208
>0x1B17DBB40fbED8735E7fE8C9eB02C20984fAdfD6
thanks fren.

Hope you make it

>>28817208
Someone explain how this isn't an exploit

I'm staking all my UMB and it feels soooo good

>>28817208
Holy shit

Huge fuckin scam. I suggest you to stay away from this shit. But do as you please, of course

>>28817493
>>28817208
Pff, fucking ridiculous. Red flags everywhere

>>28818250
you priced out already, pajeet?

>>28817582
>>28818250
wtf are you people talking about, or are you really just trying to FUD

>>28818342
No, ICOs here. Sold at 1.90 at almost 40x after extensive dyor. Team is basically monkeys with keyboards. Buy this, idgaf

>>28818487
yeah sure you did. you probably don't even know that there was a $400 cap for ICO buyers

>>28818175
>>28818250
>>28818487
kek, stinky linkies already afraid of the competition.

>>28818606
0.3 ETH if I recon well. But again, go on, buy this.

>>28818457
As someone with staked umb, I was looking for a technical explanation and seeing as you're the bright spark, why don't you explain

>>28818623
Yeah, I’m terrified
Pro tip: TP and get the fuck out

>>28818770
What exactly do you want explained? That's simply the contract for swapping rUMB1, that's all.

They think because people can sell rUmb on uni for cheap means it's an exploit.

Nah rUmb is useless until they offer the 1:1, so if someone wants to sell rUmb for cheap as a type of 'bond' for an investor, go for it. It doesn't change anything. It actually is cool, it's like leveraged Umb for anyone who wants it.

>>28814373
Why would I want to be a no-brainer when I could be a Deep-Brainer instead?

>>28818956
yeah that's a cool little feature.

>>28818956
2 months worth of work and they didn’t even came out with an elaborate scam. Lol.
Scam aside, how this shit can be deflationary?
Not that the project will survive long enough to give rewards in any case

>>28819093
4+ partnerships going to be revealed soon and big news in two weeks. yeah, total scam you pajeet. There's a reason these dips haven't lasted and it's bottomed out at $2.00 every time. You're a retard if you actually sold at $1.90.

>>28819797
K champ have fun holding bags

>>28819093
m8, you can hardly type anything that resembles a coherent sentence. what is it that you are trying to say?

Wait a second, this retard >>28819093 is OP. I guess the goal is to spout low-effort FUD in an attempt to keep the thread bumped? I'm so fucking confused.

>>28820333
he's the fag that made a now-deleted thread about being banned from the telegram so he's fudding umb from now on.

so he liked umb but then he got banned from the telegram for being a retard so now he hates umb

>>28820603
Bullish!

How much UMB is required to make staking worth it. Is 150 too small

>>28820603
Yup it was probably this guy. He tried blackmailing the team for banning him from the main TG

>>28822638

>>28822708

>>28822708
That's some 6th grade level FUD.

>>28823123
It was honestly hilarious lol