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UNION offers a comprehensive full-stack DeFi protection protocol aimed at mitigating risks and costs within the decentralized finance ecosystem. It delivers customized protection against a variety of composable risks, including Layer-1, smart contract, exposure, and transaction completion risks. Through an innovative multi-token model and liquid secondary market, it efficiently manages multi-layer risks across protocols and smart contracts. A key feature of UNION is its unsecured lending protocol, allowing credit lines without requiring collateral or disclosing personal information, thereby facilitating ease of access for retail users and paving the way for institutional investments. Additionally, the platform supports programmable credit lines for non-human entities like DAOs and bots. The ecosystem is powered by the UNION Protocol Governance Token (UNN), which is integrated into the Ethereum platform with a total supply of 1 billion tokens, enhancing its functionality within the DeFi space. For more information, visit their site at unn.finance.
UNION offers a comprehensive full-stack DeFi protection protocol aimed at mitigating risks and costs within the decentralized finance ecosystem. It delivers customized protection against a variety of composable risks, including Layer-1, smart contract, exposure, and transaction completion risks. Through an innovative multi-token model and liquid secondary market, it efficiently manages multi-layer risks across protocols and smart contracts. A key feature of UNION is its unsecured lending protocol, allowing credit lines without requiring collateral or disclosing personal information, thereby facilitating ease of access for retail users and paving the way for institutional investments. Additionally, the platform supports programmable credit lines for non-human entities like DAOs and bots. The ecosystem is powered by the UNION Protocol Governance Token (UNN), which is integrated into the Ethereum platform with a total supply of 1 billion tokens, enhancing its functionality within the DeFi space. For more information, visit their site at unn.finance.
UNION is designed to provide comprehensive risk mitigation and cost reduction in the decentralized finance (DeFi) space. By offering full-stack protection against various composable risks such as Layer-1, smart contract, exposure, and transaction completion risks, UNION aims to enhance the security and efficiency of DeFi activities and increase participation from both retail users and institutional investors.
UNION facilitates unsecured lending by offering credit lines without requiring collateral or personal information disclosure. This innovation makes it possible for various entities, including decentralized autonomous organizations (DAOs) and bots, to access credit services. By eliminating entry barriers, UNION supports the expansion of the DeFi ecosystem to include more diverse participants.
UNION’s multi-token model enables efficient management of multi-layer risks across different protocols and smart contracts. This approach allows users to purchase customized protection offerings, ensuring a scalable and comprehensive risk management system for DeFi participants. Moreover, the model integrates a liquid secondary market, which enhances the flexibility and usability of the platform.
Unlike traditional DeFi insurance solutions, UNION offers bundled, customizable protection against a wide array of risks, such as Layer-1 and smart contract risks, using a scalable and liquid secondary market. Additionally, UNION's unsecured lending protocol enables credit without collateral, a distinctive feature not typically present in other insurance platforms, setting a foundation for institutional involvement.
The UNION Protocol Governance Token (UNN) serves as the native cryptocurrency for the UNION platform, running on Ethereum. Although it's not yet widely circulated, it is actively traded in 14 markets. UNN is essential for governance-related activities, allowing token holders to participate in decision-making processes within the Union ecosystem.
If you encounter any issues with UNION's DeFi protection or lending services, it's recommended to visit their official website at https://unn.finance for detailed support options and frequently updated information. Users can find guides, FAQs, and contact details to address specific queries or resolve technical challenges efficiently.
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