Union Announces U Token Economics: Community Incentives Account for 12%

The interoperability protocol Union has announced the economics of its U token, with a genesis supply of 10 billion and an initial circulating supply of 1.91905 billion (19.19% of the pre-inflation supply). Its ERC20 contract address is 0xba5eD44733953d79717F6269357C77718C8Ba5ed. The distribution of the 10 billion U tokens at genesis is as follows: 21.4% for strategic investors; 14.1% for the ecosystem; 20% for the foundation; 12% for community incentives; 12.5% for the DAO treasury; and 20% for core contributors.