September will be a season of harvest, as some new and old projects have coincidentally announced their TGE around this time. Although the timing of sowing may have been months or even years ago, it is still important to have a basic understanding of market trends. Before writing today, I mentioned one of the new three pillars of ZK, @union_build, which recently announced its tokenomics. Let's first look at the fundamentals. ❶ Union is a zero-knowledge cross-chain interoperability protocol dedicated to building a trustless cross-chain messaging and asset bridging infrastructure. ❷ It has currently raised $16 million in funding, with investors including gCC, Longhash, Foresight, and others. ❸ It has completed over 325 million testnet transactions, accounting for 97% of the external TVL in Babylon Genesis. It has formed partnerships with Berachain, Polygon, Celestia, Avalanche, and others. Differentiation and Advantages Unlike our traditional perception of cross-chain bridges,...
Introducing U: the token of the Union network.
Learn all about U Tokenomics and U-tility, from @UnionFDN 🧵↓
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