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Home Business Money and Finance

What Is Unification (FUND)? DeFi Project Explained

William R Simmons by William R Simmons
11 February 2023
in Money and Finance
Unification FUND

Unification (FUND) is a cryptocurrency that operates on the Ethereum platform, a decentralized blockchain platform. 

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The current supply unification has is 120,000,000; and has a circulation of 34,447,402. 

As per the latest available data, the last known price Unification have is 0.40983382 US Dollars. In the last 24 hours, the cryptocurrency is down by -3.33

The platform of Ethereum sets up a peer-to-peer network that carries out the execution and verification of the application code. The application code lets the participants to make transactions mutually.

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The transactions could be done without having a trustworthy central authority. The application code is known as smart contracts. 

Unification is denoted in ways such as

  1. Unification $FUND 
  2. $xFUND 
  3. $wFUND

Unification FUND is described as a hybrid blockchain that allows the deployment of WRKChains, a semi-private consortium blockchain. 

The Unification Blockchain toolkit advertises that the suite of blockchain tools provides two core branches Permissionless Products, which power and enrich Dapps on Ethereum/EVM networks; and  Blockchain Business products to enable traditional enterprises into the Web3 economy, a dynamic ecosystem that is decentralized that aligns founders, token holders, developers, and users to create user-owned Internet.

  1. Permissionless products

for DApps, that comes with a decentralized multi-chain infrastructure in order to ensure operations that are 

  • accurate 
  • hack resistant
  • publicly verifiable 

It could be utilized for

  • DeFi
  • NFTs
  • On-chain gaming
  1. Blockchain businesses 

Blockchain businesses are made available with rapidly deployable blockchain tools that have 

  • builtin cost
  • speed
  • predictability

This is to bring in 

  • security, and
  • efficiency 

to the business operations. 

The Unification Universe could be categorized into two FUNDS. The one FUND can be sub-linked to

  1. UNODE
  2. Beacons
  3. WRKChains

The other FUND can be sub-linked to 

  1. VOR
  2. OoO

The unification universe is powered and trusted by Shibarium, Holdem Heroes, yellow.com, Unix Gaming, Revest, ShibaSwap, API3, and CivFund. 

 The Unification foundation is to continue the development of Shibarium which could be regarded as the next prominent L2 in partnership with the Shib Army. It would enable rapid low-cost transactions that are specially optimized for gaming.

The scale of the project does not allow the release of a  definitive timeline so far. Although the second version of Shibarium’s private testnet has come live and is under optimization across both teams with plans for a public testnet release that would be announced shortly. 

The price prediction for the unification fund. The estimated price prediction of FUND will be between $ 0.123581 and $ 0.643105. This means the price  of Unification is supposed to rise by 1,518.60 percent by 2026 in the best-case scenario

How To Purchase Unification (FUND)?

In order to make the purchase of Unification it is necessary to have a crypto wallet and have it connected to a DEX (decentralized exchange).

If one does not have a crypto wallet the first step is to make a crypto wallet. After the creation of a crypto wallet, the next step to undertake is to connect the created the connected crypto wallet to a decentralized exchange (DEX). 

As Unification FUND is a cryptocurrency that operates on the decentralized blockchain platform of Ethereum, the crypto wallets could be chosen from the Ethereum network itself. There are legible crypto wallets in the Ethereum blockchain like the Metamask. 

The wallets can bed downloaded for usage on both a desktop computer and a mobile phone. In the case of using a desktop computer, the option to download the chrome extension of the wallet if using Google chrome is available.

In the case of using a mobile phone, there are ready-to-download mobile applications available. The mob apps can be downloaded from iOS App Store if using an iPhone and from Google Play if using an Android phone. 

After downloading either the extension in Google chrome on a desktop computer or the mob app on a mobile phone, one can start the process of registration. 

Things to be noted in the registration are 

  • to check and confirm that the seed phrase is safe,
  • to safely noted down the wallet address.

After the wallet registration, one can log in to their respective account.  

The next step is the purchase of base currency. While purchasing the base currency, buy Ethereum as the base currency. 

The base currency of Ethereum can be sold to the crypto wallet. In order to sell the Ethereum to the crypto wallet one has to withdraw the purchased base coin from the crypto wallet. In this stage, the network of the process could be selected as Ethereum.

After setting the network the wallet address and the amount that needs to be transferred is to be provided. After this the withdraw button that is available in the screen could be clicked. After choosing to withdraw one can wait for the Ethereum to appear on the crypto wallet. 

The next step to perform is to choose a DEX. This is a stage in which multiple options are present. This is on the basis of the DEX at one has selected while making the decision of the crypto wallet. 

Also Read:- Kraken Closes U.S. Staking Operation After $30 Million SEC Settlement

The next step is to connect the crypto wallet to the DEX that would be used. This could be done by using the wallet address that was provided in the stage of the registration. 

The next step is to trade the already purchased Ethereum with the coin that the buyer wants to get. In this stage select Ethereum as the payment and proceed to select Unification as the coin that the buyer wants to acquire. 

In this stage buyers can come across the trouble of Unification does not appear on the DEX. This is where the application code or the smart contract becomes useful.

After finding the smart contract address, the address could be copied and pasted for the Unification to appear. One has to be careful and make sure that they have accessed and used the official contract address. 

After finishing all these one can click on the swap button.  

Tags: Finance

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