We're acquiring Pfizer.
Umbrella is the first onchain mechanism built to acquire one specific public company: Pfizer
Here's how it works:
Anyone can buy $UMBRELLA at an 8-12% discount by paying in USDG. There's a daily cap.
The protocol takes that USDG and buys Pfizer stock $PFE for the treasury. Every $UMBRELLA is backed by a share of that treasury.
Stake your $UMBRELLA and you farm emissions. If the price drops below 1.75x its backing, emissions stop and the protocol starts buying back $UMBRELLA from the market.
But this isn't another memecoin with stock treasury.
We're launching a pandemic game where you develop viruses to earn Pfizer stock.
$UMBRELLA stakers get Virus Eggs.
Each egg hatches one random Virus NFT. You use them in the game to earn $PFE. (Game details will be revealed soon)
The game and the NFTs are built around $UMBRELLA. Most of the revenue goes back into the treasury, which means more $PFE and more backing per token.
Imagine if one of Pfizer's large shareholders is called "Umbrella" and it's a virus game that pays players in Pfizer stock.
What happens when Umbrella keeps accumulating $PFE and takes a board seat? or it gets majority shares?
The whole internet will be talking about it.
More players join. The treasury grows. More $PFE gets bought. Rewards stay sustainable. Even more players join.
We built the flywheel to acquire one of the largest pharma companies in the world.
Hyper-gamblification of stock is just getting started.
You're not bullish enough.