/biz/ - Business & Finance

>>25868911
https://medium.com/union-finance-updates-ideas/union-product-diaries-collateral-optimization-c-op-b743b3c7188e

The problem of over-collateralization (OC) and capital efficiency limitations in DeFi is an area that UNION identified in its whitepaper. In discussions with various protocols, providing more efficient use of collateral has consistently gotten heavy interest. This interest, paired with the wide and relevant applications of DeFi primitives that we create (Options and Derivatives-aware Lending Protocol), made Collateral Optimization an easy first for UNION’s product build.
Collateral Optimization (C-OP) — an American-styled put option that protects against inefficient collateralization.
The Problem of Over Collateralization
DeFi’s composable nature unlocks collateral in a way that is not characteristic of Traditional Finance (TradFi).

I keep re-reading this WAVES partnership article and I can't see any reason 50% of my portfolio should not be UNN. Can anyone actually FUD this project, aside from their rough start? If they are successful, it's probably a 250x. If they aren't, less, but still good from speculation.

https://medium.com/wavesprotocol/waves-partners-with-union-for-asset-protection-122231c308fc

"The near-term cooperation between UNION and Waves will include a series of liquidity provision programs including a UNN/USDN liquidity pool on Uniswap, a UNN/USDN pair on Waves.Exchange and support for the UNN/USDN pair on UNION’s Geyser liquidity pool.
UNION will also be used in Waves’ future products based on the lending model. For instance, users of such products will be prompted to select over-collateralization protection (OC) for a premium. In the case of a liquidation trigger, should the OC ratio fall below a specific threshold, the UNN protection product will be called to fill the portion of the OC protected while the borrower pays the remaining difference.
UNION will also collaborate with Waves on issuing a smart contract protection instrument for Gravity in Q1 2021. The product will provide additional security to the technology, ruling out human factors, such as node collusion. While Gravity utilizes mathematically proven multi-party computation (MPC) security for its assets held in decentralized custody, UNION will offer an additional protection layer for users of Gravity’s cross-chain system.
Deposits through Gravity, USDN-related dApps or even future Waves lending protocols will initiate a prompt to add a specific protection product for a premium or forgo the protection before finalizing the deposit.

Actually sit and read this. Understand it.
https://medium.com/union-finance-updates-ideas/mapping-out-defis-asset-protection-competitive-landscape-168fd3a0d1eb

https://www.dextools.io/app/uniswap/pair-explorer/0x7f1da3697236d4a5e0efd2a99de5d9c076937856

>>25304863
UNN is the only Union you should be forcing. don't do it anon.

https://www.dextools.io/app/uniswap/pair-explorer/0x7f1da3697236d4a5e0efd2a99de5d9c076937856

I'm literally all in Union now. Too much upside. Very little downside.

https://medium.com/wavesprotocol/waves-partners-with-union-for-asset-protection-122231c308fc

"The near-term cooperation between UNION and Waves will include a series of liquidity provision programs including a UNN/USDN liquidity pool on Uniswap, a UNN/USDN pair on Waves.Exchange and support for the UNN/USDN pair on UNION’s Geyser liquidity pool.
UNION will also be used in Waves’ future products based on the lending model. For instance, users of such products will be prompted to select over-collateralization protection (OC) for a premium. In the case of a liquidation trigger, should the OC ratio fall below a specific threshold, the UNN protection product will be called to fill the portion of the OC protected while the borrower pays the remaining difference.
UNION will also collaborate with Waves on issuing a smart contract protection instrument for Gravity in Q1 2021. The product will provide additional security to the technology, ruling out human factors, such as node collusion. While Gravity utilizes mathematically proven multi-party computation (MPC) security for its assets held in decentralized custody, UNION will offer an additional protection layer for users of Gravity’s cross-chain system.
Deposits through Gravity, USDN-related dApps or even future Waves lending protocols will initiate a prompt to add a specific protection product for a premium or forgo the protection before finalizing the deposit. UNION will render an intuitive integration and UI for the product, simplifying the asset protection process for Waves users."

I want you read this. Yes, it's long, but let it sink in.
https://medium.com/union-finance-updates-ideas/mapping-out-defis-asset-protection-competitive-landscape-168fd3a0d1eb

https://www.dextools.io/app/uniswap/pair-explorer/0x7f1da3697236d4a5e0efd2a99de5d9c076937856

Fuck it. I'm literally all in Union now. Too much upside. Very little downside.

https://medium.com/wavesprotocol/waves-partners-with-union-for-asset-protection-122231c308fc

"The near-term cooperation between UNION and Waves will include a series of liquidity provision programs including a UNN/USDN liquidity pool on Uniswap, a UNN/USDN pair on Waves.Exchange and support for the UNN/USDN pair on UNION’s Geyser liquidity pool.
UNION will also be used in Waves’ future products based on the lending model. For instance, users of such products will be prompted to select over-collateralization protection (OC) for a premium. In the case of a liquidation trigger, should the OC ratio fall below a specific threshold, the UNN protection product will be called to fill the portion of the OC protected while the borrower pays the remaining difference.
UNION will also collaborate with Waves on issuing a smart contract protection instrument for Gravity in Q1 2021. The product will provide additional security to the technology, ruling out human factors, such as node collusion. While Gravity utilizes mathematically proven multi-party computation (MPC) security for its assets held in decentralized custody, UNION will offer an additional protection layer for users of Gravity’s cross-chain system.
Deposits through Gravity, USDN-related dApps or even future Waves lending protocols will initiate a prompt to add a specific protection product for a premium or forgo the protection before finalizing the deposit. UNION will render an intuitive integration and UI for the product, simplifying the asset protection process for Waves users."

The COVER hack shows things can come out of nowhere. I want you read this. Yes, it's long, but let it sink in.
https://medium.com/union-finance-updates-ideas/mapping-out-defis-asset-protection-competitive-landscape-168fd3a0d1eb

https://www.dextools.io/app/uniswap/pair-explorer/0x7f1da3697236d4a5e0efd2a99de5d9c076937856

Oh, a Waves partnership!
https://medium.com/wavesprotocol/waves-partners-with-union-for-asset-protection-122231c308fc

"The near-term cooperation between UNION and Waves will include a series of liquidity provision programs including a UNN/USDN liquidity pool on Uniswap, a UNN/USDN pair on Waves.Exchange and support for the UNN/USDN pair on UNION’s Geyser liquidity pool.
UNION will also be used in Waves’ future products based on the lending model. For instance, users of such products will be prompted to select over-collateralization protection (OC) for a premium. In the case of a liquidation trigger, should the OC ratio fall below a specific threshold, the UNN protection product will be called to fill the portion of the OC protected while the borrower pays the remaining difference.
UNION will also collaborate with Waves on issuing a smart contract protection instrument for Gravity in Q1 2021. The product will provide additional security to the technology, ruling out human factors, such as node collusion. While Gravity utilizes mathematically proven multi-party computation (MPC) security for its assets held in decentralized custody, UNION will offer an additional protection layer for users of Gravity’s cross-chain system.
Deposits through Gravity, USDN-related dApps or even future Waves lending protocols will initiate a prompt to add a specific protection product for a premium or forgo the protection before finalizing the deposit. UNION will render an intuitive integration and UI for the product, simplifying the asset protection process for Waves users."

The COVER hack shows things can come out of nowhere. I want you read this. Yes, it's long, but let it sink in.
https://medium.com/union-finance-updates-ideas/mapping-out-defis-asset-protection-competitive-landscape-168fd3a0d1eb

https://www.dextools.io/app/uniswap/pair-explorer/0x7f1da3697236d4a5e0efd2a99de5d9c076937856