Credit Lending Protocol Union Finance Launches Governance Token $UNION

Union Finance, a credit lending protocol, launch a governance token $UNION and form a DAO organization. It is reported that the total issue of $UNION is 1 billion, of which 20% is allocated to the community DAO, 46.78% to the founding and future teams, and 33.22% to early backers. 2% is used for airdrop to the early users of the protocol. Note that $UNION is a non-transferable governance token thats earned by using the Union protocol; it can not be purchased or sold. Union Finance is an open, permissionless, credit network protocol currently live and functioning on both Ethereum mainnet and Arbitrum.
Source

Lending

DeFi

Ethereum

Arbitrum

Related News
Interchain Labs launches IBC Eureka to connect Ethereum to the Cosmos ecosystem Interchain Labs launches IBC Eureka to connect Ethereum to the Cosmos ecosystem
Ethereum edges closer to deploying Pectra on mainnet with successful upgrade on Hoodi testnet Ethereum edges closer to deploying Pectra on mainnet with successful upgrade on Hoodi testnet
Ethereum developers to end support for Holesky testnet in September Ethereum developers to end support for Holesky testnet in September
Ethereum devs activate Pectra upgrade on Sepolia testnet in last phase before mainnet rollout Ethereum devs activate Pectra upgrade on Sepolia testnet in last phase before mainnet rollout
Bybit hackers move over half the stolen ETH onto Bitcoin, largely using ThorChain Bybit hackers move over half the stolen ETH onto Bitcoin, largely using ThorChain
Latest News More More
Kraken launches forex perpetual futures with up to 20x leverage
Bybit CEO says nearly 28% of $1.4 billion hacked crypto 'gone dark,' moved to P2P and OTC
2 Days Ago Eliza Labs unveils auto.fun, a no-code AI agent launchpad with 'fairer than fair' token model
2 Days Ago Non-KYC exchange eXch to close down under money laundering scrutiny tied to Lazarus Group
3 Days Ago Base scrutinized over promotion of token that briefly crashed 95%; says part of 'contentcoin' vision
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open