Tell me about a track that is currently severely undervalued - zk cross chain Opportunities always grow in unknown corners. It's hard to imagine that ZK cross chain has entered the product maturity stage, and investment layout opportunities are beginning to emerge. In the past, the biggest development bottleneck of the cross chain track was security, which could easily cause a big thunderbolt. As early as before, the basic consensus in the industry was that only with the landing of ZK cross chain technology could the era of true full chain interoperability be reached Maybe you haven't heard much about Union, but users in the online community should know about it. Recently, Token Economics was released, which is a star project of zk cross chain and raised $16 million. If you want to invest in zk cross chain, this project is unavoidable Union's zk cross chain is to replace the "trust problem" of cross chain with the "proof problem". No multiple signatures, no oracle, no MPC - only recognizing zero knowledge proofs means relying entirely on mathematics. I won't talk too much about the technical aspect, but in short, the basic structure and valuation of the cross chain track will be redefined due to the landing of zk cross chain There is no relay. There is no bridge. Pure ZK magic Don't talk too much, let's talk about the opportunity for Union directly Union announces the economics of the U token, with an initial total issuance of 10 billion tokens, of which the initial circulation is 1919050000 tokens (accounting for 19.19% of the pre inflation total) An important point is that nearly 60% of the token supply is allocated to users, builders, governance, and network growth; Core contributors and investors are locked up for 12 months and cannot receive staking rewards within that period; 8% of airdrops will be reserved for future seasons; The inflation rate is going from 6% to 2%, which is not very important in the short term. This inflation rate is also relatively low In this round of token economy projects, most of them have been honest. Governance coins are not recognized by everyone. Union's U token is used as native gas for payment, and ZKP/LC/routing cannot be separated from U token, as well as Stake+profit sharing. The practicality of tokens cannot be operated, and it is the electricity cost of the entire Union network For the valuation of Union's U token, reference can be made to the FDV of LayerZero, Wormhole, and Axelar ZRO-2.12 billion from LayerZero Wormhole's W-910 million Axelar's AXL-296 million At present, the problems in the cross chain development stage of zk cannot be equated with the size of LayerZero. The cross chain liquidity of the market still depends on LayerZero. Therefore, taking the average of Wormhole and Axelar is slightly more objective. Therefore, the initial valuation of Union's U token can be set at around 600 million US dollars, and the price of one U token is 0.06u US dollars The price of 0.06u is likely to be underestimated in the long run, because zk cross chain brings an upgrade to the fundamentals of the entire cross chain track, especially the integration with chain abstraction. In the future, an account can easily manage any chain's assets, which is a revolutionary blow to wallet, defi and other businesses Not only Union, but also the cross chain race represented by zk, many projects have gradually landed. The explosive power of this race can be fully compared to dot and cosmos in the past, but they failed. This time, the era of cross chain interoperability in zk has arrived