TokenUnion for better invest

in #cryptocurrency6 years ago (edited)

tokenunion.png

When blockchain technology came, so many things changed, for better, we say. So many businesses have improved, so many companies have started using crypto currencies in their work. The new ideas are coming every day. People want to invest in the new projects. We have the biggest tool in the world, and it is called the Internet. The internet is a enormous base of information where we can do anything. Internet has connected the entire world.

TokenUnion ecosystem management, the compensation principle will be implemented for those who hold the Etherium or any ERC20 token. A proprietary application will allow investors not only to safely store tokens, but also to receive a good reward, by increasing the funds on the account.

The team of seo-developers puts before themselves grandiose plans for promoting the ecosystem, while users will be presented with extensive opportunities for the site:

-Regular system of remuneration. The user only needs to set the application mode once, and then the platform will be guaranteed to remit to the account.
-You can use the settings for both one token and the crypto asset group.
-The automated principle of dividends. All is fair and transparent. The system automatically calculates dividends, taking on low commissions and transaction costs.
-All members of the eco-community can directly enter into smart contracts, avoiding interaction with unnecessary intermediaries. Full decentralization will become an important factor in the attractiveness of the site.

  • Features of the project
    One of the chips will be an interesting model of receiving rewards. You can include any ERC20 token in the listing. All funds will be stored on the basis of the Bancor protocol. For example, you will need to receive 1000 UNI as a reward due. The reward system will look like this: 60% will go to BAT, and the remaining 40% - in the form of OMG. On your current smart contract, 600 UNI is returned in the equivalent of the BAT marker, and the remaining 400 UNI is the same in the equivalent of the OMG crypto active. Such a scheme will help cover all your costs when carrying out transactions inside the system.

The technical structure is developed on the basis of the algorithm Solidity (for the server part) and Javascript (used for the user interface). The combined interaction between the two protocols creates a single standard for the Reward DAO smart contract, which processes the logical chain of users' steps. Next, data processing and processing are performed, and all rewards, commissions and other costs are calculated. At the final output, the user receives only a fixed amount of UNI.

The user interface and the server service program are being modernized, the architecture is changing, which will allow investors in the future to obtain additional features of the improved functionality of the TokenUnion ecosystem. The contract structure of Reward DAO has an isolated work scheme that protects information and user data, as well as information about the account and possible hacker attacks. To deploy activities in the Ethereum network and in its standards, the company needs to conduct an audit of the main mother platform.

  • How it work

Join the Network

Users deploy their Holding Contracts to the Ethereum blockchain via the TokenUnion web interface and submit an Ethernet or ERC20 token into it.

Withdrawal

To withdraw, users submit a UNI token to their Holding Contract. Once sent, the user receives the saved tokens back into their wallet, and the charges are sent to DAO Rewards for distribution.

Redistribution

UNI tokens issued in withdrawal fees are distributed proportionally among all TokenUnion network participants through DAO Rewards.

Conversion

The UNI Token can instantly be converted to all tokens that TokenUnion is supported via Bancor.

  • Token Distribution

The UNI symbol will be used as an official marker. According to the decision of the developers, UNI will not give priority to the right of users to receive income or a conditional reward. As an effective way to apply the token, there will be a commission fee for internal transactions between tokens of the ERC20 standard. Each time the distribution of 100% profit occurs, the TokenUnion association will not receive any of the distribution shares of the commission for withdrawal.

The symbol for the withdrawal of interest will be introduced, which will be of the form -TNV, it also has to take into account the contributions of individual crypto-investors. For example, the user owns approximately 2.8% of TNV, then he will be guaranteed to receive only the same 2.8% of the established commission for withdrawal, without affecting the condition, how often accrual and payment occurs. The system will automatically recalculate TNV into the Ether rate (ETH), taking into account the current change in the exchange value of the tokens.

written by Budi691 : https://bitcointalk.org/index.php?action=profile;u=1001016
ETH : 0x343553E9296E825E6931EDc5b163bDA39515c731

Sort:  

Coins mentioned in post:

CoinPrice (USD)📈 24h📈 7d
BATBasic Attention Token0.272$-0.95%-1.9%
BNTBancor4.184$0.44%5.77%
ETHEthereum608.820$0.73%6.27%
OMGOmiseGO11.564$3.93%9.01%

Coin Marketplace

STEEM 0.35
TRX 0.12
JST 0.040
BTC 70884.24
ETH 3570.27
USDT 1.00
SBD 4.76