/biz/ - Business & Finance

Union could go WELL above $1. $5. A few billion marketcap for something that fixes major issues in the space will be nothing, as you all now hopefully see.

I will be giving you a daily reminder that we need UNN like we needed LINK. Product update 2-5 proves UNN's C-Op could and very well should go well beyond a $1B market-cap. Of all the garbage that's "the next LINK style gains", this one could actually fit the bill. This is something we actually need. If LINK is every coins "needs LINK to work" then UNN is De-Fi's "needs UNION to be safe".

Union is Chainlink for De-Fi, insurance, and risk management.

C-Op 2 : https://medium.com/union-finance-updates-ideas/product-update-issue-2-by-the-numbers-economic-advantages-of-c-op-c602af18d7ac

C-Op 1 : https://medium.com/union-finance-updates-ideas/union-product-diaries-collateral-optimization-c-op-b743b3c7188e

>You read that right. We are building decentralized option primitives, which have risk and financial applications far beyond DeFi Protection, to increase capital efficiency.

>Insurance we actually need. Demand will soon outpace supply.

>Dr. Michael Zargham

>"Total" bundled protection that covers more than just smart contracts, eg: layer 1+ flash loan exploitation. Optimized capital utilization in lending collateral, IL hedges, gas cost hedges etc.

>For purposes of latter protection bucket, they're building a decentralized lending protocol that will take decentralized options as a collateral, bringing TradFi capital efficiency into DeFi. This is a first / opens up market not just in protection, but lending

Setup is KYC-free. No wrapped tokens required. An important item on their roadmap is secondary market for protection exchange. (e.g think of Munich Reinsurance).

Enter before whales price you out for good.

>>28883688
What people think high IQ is like

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