🧐 I just saw that #Binance announced that Union will officially complete its TGE and go live on the mainnet tomorrow on Binance Alpha—
This means:
The zk cross-chain infrastructure is officially moving towards production-level implementation;
The $U token will begin circulating and enter the market pricing phase.
I previously wrote a research piece on Union, and for a long time, Union has maintained a position in the top 20 on the #Kaito leaderboard for 3 months, 6 months, and 12 months. The high interest is not only due to the novelty of the technology and concept but also because it addresses many real needs:
Union is doing zk cross-chain, but not in the old way of relying on multi-signatures/oracles; instead, it relies entirely on zero-knowledge proofs.
Union can achieve fast, trustless interoperability between any execution environments, meaning that during cross-chain transactions, no one needs to step up as the "middle referee." This is crucial for security-sensitive funds (like BTCFi).
For example, 97% of the external TVL on Babylon Genesis is supported by Union, and the testnet alone has processed 325 million transactions. Base, BNB, Polygon, Celestia, Arbitrum, and Sui are all on the list of cooperating public chains.
What does this resemble? It’s somewhat like a "backend pipeline" role; you might not notice it on the front end, but it has been running in the background.
I just looked at the announced tokenomics:
Nearly 60% is allocated to users/developers/governance;
Inflation decreases from 6% to 2%, which is lower than most chains;
The team and institutions cannot access staking rewards for over 12 months;
The recent U Drop only distributed 4%, and there is still an 8% airdrop pool that hasn't been released, suggesting that the token design includes some "long-termism" locks, at least preventing immediate large sell pressure.
Overall impression: Union seems to be bringing "zk technology" to tackle the longstanding challenges of cross-chain. Tomorrow's TGE marks a new beginning and is likely the best observation point—
⚡ How will the pricing move after listing?
⚡ Can subsequent ecosystem funds (especially in the BTCFi area) truly flow in?
After going live on Binance Alpha tomorrow, it may soon be listed on several other exchanges, which I am somewhat looking forward to.
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