Umbrella Network Whitelist Question Answers Solved

The Umbrella Network has conducted Whitelisting Campaign to participate in the Pre-Sale of Umbrella Network Tokens.

But to enter the Whitelisting Campaign, the interested applicant needs to complete the online application form which also includes some questions regarding the Umbrella Network Project. So those who are having difficulty in guessing or finding out the correct answer to become eligible for the Whitelist Round, below we have arranged the correct answers to the questions.

Umbrella Network – Polkastarter IDO Whitelist Questions

What type of consensus does Umbrella Network run on?*
Answer: Delegate Proof of Stake

Options Provided
A – Proof of Authority
B – Proof of Work
C – Delegate Proof of Stake
D – None of the Above

Umbrella announced partnership with this Polkastarter project*
Answer: YOP Finance

Options Provided
A – Exceedme
B – Bridge Mutual
C – eMoney
D – YOP Finance

To mitigate the risk of manipulation of less liquid/ more volatile tokens, Umbrella provides this piece of data:*
Answer: TWAP

Options Provided
A – Spot price
B – VIXX
C – TWAP
D – Stablecoin

How does Umbrella reduce the cost of data?*
Answer: use merkle tree

Options Provided
A – Use merkle tree
B – Use optimistic rollup
C – Use ZK rollup
D – Use State channels