TokenUnion
TOKENUNION
Get Rewarded for Holding Crypto.
TokenUnion is a decentralized application that
automatically rewards you for holding Ether or ERC20 tokens.
Main Feature
1. Earn rewards.
Users send tokens into their Holding Contract and earn
rewards in the denomination of the same tokens they hold. Set it and forget it.
2. Fully
autonomous reward distribution.
Upon storing tokens in their Holding Contract, the
user agrees to pay a static fee of UNI, our native token, when they wish to
withdraw. When a user pays the fee, a smart contract programmatically
distributes the fee amongst all network participants as a reward, proportional
to the percentage of the Total Network Value (TNV) they constitute.
3. Get
rewarded in the same tokens you hold.
The rewards a user receives get converted to the same
tokens they hold in their Holding Contract via Bancor. For example, if you
receive 1,000 UNI as a reward and hold 60% BAT and 40% OMG, 600 UNI worth of
BAT and 400 UNI worth of OMG will be deposited back into your Holding Contract,
thereby increasing your underlying position size.
4. Completely
decentralized and provably fair.
The TokenUnion network does not rely on a central
authority to function. It operates entirely on its own, based on predetermined
conditionals written into the code. It will function as intended for as long as
the Ethereum blockchain exists.
How it works.
A
look into how TokenUnion works
under the hood.
1. Joining the Network
User deploy their holding contract
to the ethereum blockchain via the TokenUnion
web interface and send ether or ERC20 token to it.
2. Withdrawal
To withdraw, the user send UNI
tokens to their holding contract. Once sent, the user receives their stored
tokens back in to their wallet, and the fee is sent to the reward DAO for
distribution.
3. Redistribution
UNI tokens expended in the withdrawal
fee are distributed proportionally amongst all TokenUnion network participant via
the reward DAO.
4. Conversion
UNI tokens are instantly convertible
to all TokenUnion supported tokens via Bancor.
Monitor your holdings like never before.
View your Holding Contract in
real time through the TokenUnion web app and mobile app.
Trust us. We've
done this before.
Our team has built dozens of
products, hails from Stanford, Princeton, Columbia, University of California,
Carnegie Mellon, NYU, and has worked at Amazon, Goldman Sachs, Earn.com, JP
Morgan, Coindesk and AngelList.
Meet Our Team
For More Information
:
Author : TricksterX
ERC20 :
0x5EF847E39C5Ce4cB74CA2248D61dafF185bc5a7a
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