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ConceptOverview

UMBI Protocol Overview

To begin, we should make clear the distinctions between the different areas of “UMBI Protocol”, some of which may confuse new users.

  • UMBI Foundation - A non-profit entity that manages legal compliance, farmer partnerships, and regional operations to bridge blockchain with the real world.
  • UMBI Protocol - A set of Ethereum smart contracts (FarmNFT, FarmICO, ProfitDistributor, StakingVault, FeeRouter) that tokenize farms and manage fundraising, profit-sharing, and staking.
  • UMBI NFT (ERC-1155) - Multi-token standard where each tokenId represents a unique farm plot or operational right, allowing fractional ownership and transferability.
  • UMBI Token (ERC-20) - The governance and utility token powering staking, incentives, and decision-making across the ecosystem.
  • UMBI Interface - A web application that lets users join farm offerings, track farm performance, claim profits, and stake UMBI tokens.
  • UMBI Governance - A DAO system where UMBI token holders propose and vote on new farms, treasury use, foundation structure, and protocol parameters.
  • UMBI Community - A Web3-driven community of farmers, investors, and contributors who discuss and decide what is best for the protocol.
  • Akar Farms - The first strategic farming partner providing real-world agricultural operations, technical support, and credibility for UMBI’s pilot projects.
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