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Optimist–Nimbus Partnership Proposal

Start

Oct 15, 2026, 7:29:52 PM

End

Oct 18, 2026, 7:29:52 PM

TWAP

Oct 16, 2026, 7:29:52 PM

Initiated

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Market Overview

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Market Overview

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Scope and priorities
Nimbus Integrations (API/SDK): Bring established teams onto the Nimbus API, support partner engagement and follow-through, and grow recurring transaction volume.
Optimist research: Publish substantive Umbra and Nimbus research articles through Optimist’s main channel, with ongoing distribution throughout the year. Highlight the market opportunity for Umbra and Nimbus to Optimist’s investor network and improve Umbra’s legibility to the markets.
Growth: Support Nimbus positioning, marketing, launches and ecosystem relationships, while helping priority projects integrating Nimbus reach users and succeed.
Umbra app onboarding: Onboard Optimist’s network of high-value users, investors, market-makers, traders, teams and other users who benefit from privacy onto the Umbra web app and subsequent product offerings and drive volume growth.
Optimist owns agreed advisory, marketing and partner-development work. Umbra retains final commercial decisions and leads technical implementation.
Allocation
The allocation is capped at 2% of Umbra’s liquid supply:
0.5% base: Earned pro rata over 12 months for ongoing involvement.
Up to 1.5% in milestones: Up to 1.5% for ongoing Optimist research and investor outreach, Umbra app onboarding & growth, and nimbus api integrations evaluated at the end of 12 months.
Key terms
Funding
The 2% allocation (~546,890 UMBRA) comes from the existing treasury and is held in a multisig controlled by the Umbra team and two additional signers.
No other treasury asset is affected.
Earning
Base (0.5%) is earned pro rata by The Optimist over 12 months for its involvement.
Milestone tokens are considered earned based on milestones achieved at the end of 12 months.
Any unearned allocation returns to the treasury after 12 months.
Distribution
Earned tokens are distributed at the end of 12 months, or, for the pro rata base if Umbra terminates early, upon termination. In either case, distribution occurs only once UMBRA reaches a $0.60 30-day TWAP.
Tokens earned before that threshold remain earned.
Umbra’s discretion
Umbra can pause all future engagement and terminate the agreement at any time.
If Umbra ends the engagement early, The Optimist keeps the base earned pro rata through termination, subject to the distribution terms above.
Umbra has the final say on whether a milestone is achieved during early termination or post completion of the 12 month period.
Umbra has the right to arrange an OTC/off-ramp for any sale.
Multisig
The multisig can only distribute earned tokens or return them to the treasury. It can’t trade, market-make, lend, stake or pledge them.
Receiving wallets, member allocations, signers and transfers are disclosed in the governance record.
Future UMBRA utilities, including preferential-pricing zones if enabled, could further align Optimist and its partners with Nimbus. We believe Optimist could play a long term role as an aligned partner with stake in the long term success of Umbra and actively use/deploy the token to benefit the network
Multisig Committee
Abbas Shaikh
Krutarth Shah
Kollan House
Michael Rinko

Scope and priorities Nimbus Integrations (API/SDK): Bring established teams onto the Nimbus API, support partner engagement and follow-through, and grow recurring transaction volume. Optimist research: Publish substantive Umbra and Nimbus research articles through Optimist’s main channel, with ongoing distribution throughout the year. Highlight the market opportunity for Umbra and Nimbus to Optimist’s investor network and improve Umbra’s legibility to the markets. Growth: Support Nimbus positioning, marketing, launches and ecosystem relationships, while helping priority projects integrating Nimbus reach users and succeed. Umbra app onboarding: Onboard Optimist’s network of high-value users, investors, market-makers, traders, teams and other users who benefit from privacy onto the Umbra web app and subsequent product offerings and drive volume growth. Optimist owns agreed advisory, marketing and partner-development work. Umbra retains final commercial decisions and leads technical implementation. Allocation The allocation is capped at 2% of Umbra’s liquid supply: 0.5% base: Earned pro rata over 12 months for ongoing involvement. Up to 1.5% in milestones: Up to 1.5% for ongoing Optimist research and investor outreach, Umbra app onboarding & growth, and nimbus api integrations evaluated at the end of 12 months.

Key terms

Funding The 2% allocation (~546,890 UMBRA) comes from the existing treasury and is held in a multisig controlled by the Umbra team and two additional signers. No other treasury asset is affected.

Earning Base (0.5%) is earned pro rata by The Optimist over 12 months for its involvement. Milestone tokens are considered earned based on milestones achieved at the end of 12 months. Any unearned allocation returns to the treasury after 12 months.

Distribution Earned tokens are distributed at the end of 12 months, or, for the pro rata base if Umbra terminates early, upon termination. In either case, distribution occurs only once UMBRA reaches a $0.60 30-day TWAP. Tokens earned before that threshold remain earned.

Umbra’s discretion Umbra can pause all future engagement and terminate the agreement at any time. If Umbra ends the engagement early, The Optimist keeps the base earned pro rata through termination, subject to the distribution terms above. Umbra has the final say on whether a milestone is achieved during early termination or post completion of the 12 month period. Umbra has the right to arrange an OTC/off-ramp for any sale.

Multisig The multisig can only distribute earned tokens or return them to the treasury. It can’t trade, market-make, lend, stake or pledge them. Receiving wallets, member allocations, signers and transfers are disclosed in the governance record. Future UMBRA utilities, including preferential-pricing zones if enabled, could further align Optimist and its partners with Nimbus. We believe Optimist could play a long term role as an aligned partner with stake in the long term success of Umbra and actively use/deploy the token to benefit the network

Multisig Committee

Abbas Shaikh
Krutarth Shah
Kollan House
Michael Rinko