TOKENUNION holding reward platform

TokenUnion

TokenUnion is a decentralized application that automatically rewards you for holding Ether or ERC20 tokens.


Main Feature



1. Earn rewards.
Users send tokens into their Holding Contract and earn rewards in the denomination of the same tokens they hold. Set it and forget it.



2. Fully autonomous reward distribution.
Upon storing tokens in their Holding Contract, the user agrees to pay a static fee of UNI, our native token, when they wish to withdraw. When a user pays the fee, a smart contract programmatically distributes the fee amongst all network participants as a reward, proportional to the percentage of the Total Network Value (TNV) they constitute.



3. Get rewarded in the same tokens you hold.
The rewards a user receives get converted to the same tokens they hold in their Holding Contract via Bancor. For example, if you receive 1,000 UNI as a reward and hold 60% BAT and 40% OMG, 600 UNI worth of BAT and 400 UNI worth of OMG will be deposited back into your Holding Contract, thereby increasing your underlying position size.



4. Completely decentralized and provably fair.
The TokenUnion network does not rely on a central authority to function. It operates entirely on its own, based on predetermined conditionals written into the code. It will function as intended for as long as the Ethereum blockchain exists.


How it works.
A look into how TokenUnion works
under the hood.



1. Joining the Network
User deploy their holding contract to the ethereum blockchain via the TokenUnion web interface and send ether or ERC20 token to it.



2. Withdrawal
To withdraw, the user send UNI tokens to their holding contract. Once sent, the user receives their stored tokens back in to their wallet, and the fee is sent to the reward DAO for distribution.



3. Redistribution
UNI tokens expended in the withdrawal fee are distributed proportionally amongst all TokenUnion network participant via the reward DAO.



4. Conversion
UNI tokens are instantly convertible to all TokenUnion supported tokens via Bancor.




Monitor your holdings like never before.
View your Holding Contract in real time through the TokenUnion web app and mobile app.


Trust us. We've
done this before.
Our team has built dozens of products, hails from Stanford, Princeton, Columbia, University of California, Carnegie Mellon, NYU, and has worked at Amazon, Goldman Sachs, Earn.com, JP Morgan, Coindesk and AngelList.



Meet Our Team






More info, visit :
Website        : http://tokenunion.io/
Facebook     : https://www.facebook.com/tokenunion/
Twitter         : https://twitter.com/TokenUnionIO
Linkedin      : https://www.linkedin.com/company/tokenunion/
Medium       : https://medium.com/@tokenunion
Telegram     : https://t.me/tokenunion


Author              : Anzal RK
My Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1115678
ETH                  : 0x7b56837589A428A507aB76b0Df46BfE7D2fa5C38