Get Rewarded By Holding Cryptos - Token Union Platform
Token Union platform offers a new way of incentive for crypto enthusiasts within the crypto sphere. This is a new way for people to gain and profit within the cryptocurrency too.
TokenUnion is a decentralized application that automatically rewards you for holding Ether or ERC20 tokens. Get rewarded by holding cryptocurrencies!
The Token Union Platform is a much better way to store your beloved Cryptocurrencies! Theres no way you could ever felt losing during red bearish markets because you are still gaining some value on it while storing them.
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.
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.
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.
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 does the Token Union Platform works;
- Joining the Network
- User deposits their cryptocurrency holdings within the Ethereum blockchain using the Token Union web interfance and sends ether or erc20 tokens to it.
- Withdrawal
- To withdraw, the user sends UNI tokens to their holding contract. Once sent, the user receives their stored tokens back into their wallet, and and the fee is sent to the reward DAO for distribution.
- Redistribution
- UNI tokens expended in the withdrawal fee are distributed proportionally amongst all TokenUnion network participants via the Reward Dao.
- Conversion
- UNI tokens are instantly convertible to all TokenUnion-supported tokens via Bancor.
Monitor your cryptocurrency holdings like never before.
View your Holding Contract in real time through the TokenUnion web app and mobile app.
To know more about the Token Union Platform;
You can visit the following.
Website - http://tokenunion.io/
Telegram - https://t.me/tokenunion
Twitter - https://twitter.com/TokenUnionIO
Facebook - https://www.facebook.com/tokenunion/
Reddit - https://www.reddit.com/r/TokenUnion/
Linkedin - https://www.linkedin.com/company/tokenunion/
Angelco - https://angel.co/tokenunion
Medium - https://medium.com/@tokenunion
Github - https://github.com/TokenUnion/
Written by;
Bitcointalk Profile - i7claufe
Bitcointalk Profile Url - https://bitcointalk.org/index.php?action=profile;u=1719874
Eth Address - 0xc38a4feFC0D2B94686F4E512952e8FB985FeA1B0