Union Unveils Tokenomics for U Token With 10 Billion Supply

Union disclosed detailed tokenomics for its U token, outlining distribution across investors, ecosystem, foundation, community, DAO, and contributors, alongside an inflation model starting at 6% annually.

Summary

Union officially announced the tokenomics of its U token, confirming a total supply of 10 billion tokens with 1.919 billion (19.19%) in initial circulation. Distribution is allocated to strategic investors (21.4%), ecosystem development (14.1%), foundation (20%), community incentives (12%), DAO treasury (12.5%), and core contributors (20%). The project also introduced an annual inflation rate beginning at 6%, designed to gradually decrease over time.

Terms & Concepts
  • Tokenomics: The economic model of a cryptocurrency project, covering supply, distribution, and incentives.
  • DAO Treasury: Funds allocated to a decentralized autonomous organization, managed by community governance for project development.
  • Inflation Rate: The rate at which new tokens are issued over time, affecting overall supply and token value.