# Umbra: Budget Increase Proposal (V2 Launch)

Umbra's proposal "Umbra: Budget Increase Proposal (V2 Launch)" is live and currently passing by 3%; the result can still change. $0 traded across 0 trades by 0 traders.

A Umbra governance proposal decided by a futarchy decision market, as analysed on 01Resolved. Data as of 2026-10-21 10:01 UTC.

- [Proposal page](https://www.01resolved.com/umbra/proposals/13baNpxYCRjSdrVSBpQuzqqtoDtW1hAXm9kRszZK2dY2): charts, comparables, and every trade.
- [Umbra summary](https://www.01resolved.com/ai/projects/umbra.md) and [all proposals](https://www.01resolved.com/umbra/proposals).

## Outcome

| Metric | Value |
| --- | --- |
| Status | Live |
| Result | – |
| Start (UTC) | 2026-10-20 22:28 |
| End (UTC) | 2026-10-23 22:28 |
| TWAP window starts (UTC) | 2026-10-21 22:28 |
| Staked | 100% |
| Pass threshold | -3% |
| Passing by | 3% |
| Approved TWAP | $0.00 |
| Rejected TWAP | $0.00 |

The proposal passes when the approved (pass) TWAP beats the rejected (fail) TWAP by more than the threshold. A live proposal's standing can still change.

## Market overview

| Metric | Value |
| --- | --- |
| Pass pool TVL | $687.09K |
| Fail pool TVL | $687.09K |
| Net volume tilt (toward pass) | 0% |
| Net trader tilt (toward pass) | 0% |
| Total trades | 0 |
| Total volume | $0 |

## Outcome strength

| Metric | Value |
| --- | --- |
| Traders, pass-aligned | 0.00% (0) |
| Traders, fail-aligned | 100.00% (0) |
| Volume, pass-aligned | 0.00% ($0) |
| Volume, fail-aligned | 100.00% ($0) |
| Late conviction | Low |

Net pass-aligned volume accumulated before the TWAP window: $0; during it: $0.

Pass-aligned means buying pass or selling fail; fail-aligned is the reverse. Strong participation alone does not show that a decision was economically correct.

## Trade activity

| Metric | Value |
| --- | --- |
| Unique traders | 0 |
| Repeat traders (across Umbra decision markets) | 0% |
| Largest single trade | – |
| Average trade value | $0 |

## Proposal text

As submitted by the proposer; not written or verified by 01Resolved.

#### 1. The Launch Timeline

##### V2 on Solana (Live)

- **Launch:** Umbra V2 went live on 13 October 2026 with a public launch stream.
- **Products:** Private transfers and private swaps on Solana.
- **Speed:** Private transfers settle in under 5 seconds. Private swaps settle in under 15 seconds.
- **Assets:** Ownership coins, tokenised equity, and more can be held and traded privately on Umbra V2 from launch.
- **Migration:** V1 is winding down. Users with funds on V1 can migrate to V2 in a few clicks.

##### Robinhood Chain (Early Access Now, Launch Soon)

- **Status:** V2 and the Umbra app are coming to Robinhood Chain, powered by Nimbus. Early access sign-ups are open now.
- **What it means:** Users can use Umbra on both Robinhood Chain and Solana and own private assets on both chains.
- **Public launch:** Soon. We are in the process of finalising the details and stress testing the product

#### 2. Governance Proposal: V2 Operations and Expansion

##### A. Why We Are Asking: V2 Is Live

Since Proposal 002, Umbra has gone from private mainnet to a rebuilt V2 running on our own infrastructure. V2 is a different scale of operation from what the $100,000 budget was set for in January:

- **V2 is live on Solana** with private transfers and private swaps. Nimbus and the Umbra app are coming to Robinhood Chain and are in early access now. People can use Umbra on both Robinhood and Solana and own private assets on both chains.
- **Sub-5-second private transfers.**
- **Sub-15-second private swaps.**
- **More products with private execution.** We are building further products that run with private execution on the same infrastructure.
- **Nimbus.** We launched Nimbus, the underlying infrastructure. Umbra owns it, and any other company can use it to offer private transfers, private swaps, and any of the private products we build to its own customers and users.

Running a live product on two chains, operating the Nimbus network, adding fuel to supercharge adoption for not just the Umbra family of apps but also nimbus, will need additional capital. We don’t currently think the entire budget allocation will be spent but it gives us some breathing space to experiment and be ready for golden opportunities.

##### B. Operational Budget Increase

**Requested Monthly Limit:** $150,000 (up from $100,000)

##### Nimbus

Nimbus is the infrastructure layer underneath Umbra V2, and Umbra owns it. Umbra builds the products; Nimbus runs them. Any company can use Nimbus to offer private transfers, private swaps, and any of the private products we build to its own customers and users. Every company that builds on Nimbus extends the reach of infrastructure owned by Umbra.

Special thanks to Kollan, Proph3t & the MetaDAO team for making this proposal possible. [CONFIRM]

#### Onchain Instructions

Executes only if the market passes.

1. **Update Dao:** Raise the monthly spending limit from 100,000 USDC to 150,000 USDC. [CONFIRM: exact instruction and parameters with MetaDAO]

## Citing this data

Source: 01Resolved, "Umbra: Budget Increase Proposal (V2 Launch)" (Umbra decision market), data as of 2026-10-21 10:01 UTC. https://www.01resolved.com/umbra/proposals/13baNpxYCRjSdrVSBpQuzqqtoDtW1hAXm9kRszZK2dY2.