No nonsense: Union will have its TGE on September 4 and debut on Binance Alpha. Here’s a quick intro to what $U does: - It’s the Gas for the @union_build network, used for cross-chain verification, routing, and light client updates. - It’s also a staking token, used by validators and users to ensure network security. - Plus, you can use eU for cross-chain governance, allowing you to vote on chains like Ethereum without needing a cross-chain bridge. Total supply: 10 billion, with an initial circulating supply of about 1.919 billion. Over 60% is allocated for community and ecosystem incentives. Investors & the team have a lock-up period of 12+ months, showing long-term commitment to the ecosystem. 4% is reserved for genesis airdrops and testnet rewards, fully unlocked at TGE. Another 8% of the genesis supply is set aside for future incentive plans. When it comes to cross-chain, the focus is nothing more than reducing costs and improving efficiency. Union applies zero-knowledge proofs to cross-chain processes. Whether it can compete with some of the big players will take time to prove. But let’s be real, a single-letter ticker is undeniably bold and shows the team’s ambition.