Product Issue 18: U-CDS Eye Candy
TLDR
C-OP Liquidity at$459k.
Smart Contract U-CDS screenshots from internal testing
C-OP Liquidity Grows
C-OP, currently in “accumulating liquidity” phase, has seen TVL almost double to $459k since the pUNN Geyser launch.
Two policies were issued with total premium of $4,197. Not bad for the early days and the DeFi community starts understanding different use cases of C-OP, including as a stand-alone decentralized Put option for downside protection. We are confident that as understanding of C-OP grows, especially in volatile markets, demand for C-OP will grow.
pUNN Geyser
Early Bird providers rewards were distributed. Please check this sheet and contact us in our official Telegram channel if you did not receive your rewards.
UNION’s pUNN Geyser, which runs for another 76 days will continue to emit 55,555 UNN per day to pUNN stakers.
U-CDS
UNION continues making progress on U-CDS, our smart contract protection product, and we are now entering in final phase of internal testing. We plan to launch a program similar to C-OP Hatching program for closed-beta testing in the coming weeks.
In the meantime here is some U-CDS eye candy!
Marketplace with U-CDS
Buy U-CDS Cover Quote
Adding and Removing Liquidity
Filing Claims and Vote Outcomes
Disclaimers
- This announcement is for informational purposes only and is not an offer to participate. Never send virtual assets to a smart contract you cannot afford to lose. This announcement does not constitute financial advice.
- UNION is not an insurance company and UNION does not sell policies of insurance.
- UNION is not an issuer of CDOs.
- We are in rapid development phase, and the screens may or may not look like these in final product. Some of the numbers shown are placeholders.
About UNION
UNION is a technology platform that combines bundled protection and a liquid secondary market with a multi-token model. DeFi participants manage their multi-layer risks across smart contracts and protocols in one scalable system. UNION decreases the entry barriers for retail users and lays the foundation for institutional investors. UNION’s full-stack DeFi protection is inclusive, composable, and brings battle-tested capital and pricing models from TradFi to the DeFi ecosystem.
Website: https://www.unn.finance/
Twitter: https://twitter.com/unnfinance
Telegram: https://t.me/UNNFinance
Telegram ANN: https://t.me/UNNFinanceANN
