The prediction is good, Union will realize in about 3 months, has everyone participated? The project team announced the Tokenomics today, with the genesis and testnet airdrop accounting for 4%, no lock-up. Based on the price estimation of the same track LayerZero, this airdrop is valued at $78.63 million, those who follow along are in for a treat 🎉 ✅ $U Price Estimation The Union token is named $U, and the TGE has not happened yet, so the airdrop value is still unknown. Let's predict how much $U can reach based on similar track projects: 🔹LayerZero current FDV is $1.965 billion, if $U reaches the same TVL, the token price would be $0.197, and the airdrop value would be $78.639 million; 🔹Wormhole current FDV is $736 million, if $U reaches the same TVL, the token price would be $0.074, and the airdrop value would be $29.45 million; 🔹Axelar current FDV is $299 million, if $U reaches the same TVL, the token price would be $0.03, and the airdrop value would be $11.97 million;...
The second phase of the Union testnet can be participated, according to the previous experience, the project generally has a second round of testnet, which means that coins will be issued soon, so this is another [short, flat and fast] project. ✅ Reasons to Participate: 🔸 Short cycle: estimated 3 months; 🔸 High expectations: Many people say "don't miss the LayerZero 1300U airdrop 🔸, don't miss Union" 🔸 Strong Background: Has earned a nine-figure TVL commitment ✅A brief analysis of the Union project There are many multi-chain interoperability protocols, for example, LayerZero uses ultra-light node (ULN) + oracle + relayer (Relayer) to separate responsibilities to enhance security, but the modular design may lead to applications choosing insecure oracle/relayer combinations, increasing risks; Wormhole, on the other hand, uses Guardians, which relies on a multi-signature mechanism to lock/mint assets, which simplifies token bridging, but was hacked in 2022 due to a verification...
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