Product Update 28 — AMA Product Update Recap

We’ve moved away from weekly product updates in past months because we felt the community was “selling the news.” Instead, we took to more frequent engagement of community on Telegram and Twitter. This has been working well for us, because it has brought communication and feedback in real-time; however, we have lost effective communication with holders who only like to check in from time-to-time. Our AMAs, in fire-side chat format bridge this gap, but time isn’t always convenient.

Until this point, we’ve kept from republishing notes from these chats. Going forward, we will publish the update portion of our AMAs at week’s end. We encourage community members with questions to reach out on Twitter or Telegram.

This said, here are updates:

UNION

• New designs are implemented in test. Additional fields such as policy details, policy type, security score.
• Approach for composable and custodian pools deployed to Rinkeby.
• Backend and Frontend applications are enhanced to have ability using new pools
• C-OP has been deployed to AVALANCHE test network on dedicated server.
• Our off-chain oracle for pricing high volatility and low-priced tokens now gets asset prices as denominated by USDC, USDT, WETH, ETH, WBTC, BTC. Now using standard deviation approach for judging price manipulation.
• Avalanche production deployment of C-OP offerings targeted for next week! WBTC and WETH denominated policies also scheduled for introduction.

MOAR

• MOAR vesting application has been rolled out to a staging server.
• Sanctum audit for MOAR Polygon release is underway!
• MOAR Polygon release with flashloan repair and new Sanctum audit optimistically targeted for end Q4.

About UNION Finance

Web: https://www.unn.finance

Twitter: https://twitter.com/unnfinance

Telegram: https://t.me/UNNFinance

Telegram ANN: https://t.me/UNNFinanceANN

Disclaimers

1. 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.
2. UNION is not an insurance company and UNION does not sell policies of insurance.
3. UNION is not an issuer of CDOs.
4. We are in a rapid development phase, and the screens may or may not look like these in final product. Some of the numbers shown are placeholders.