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What is UNION?

UNION is an all-encompassing technology platform that combines bundled protection with a dynamic secondary market through its innovative multi-token structure. This allows participants in decentralized finance (DeFi) to adeptly handle their complex risks across different smart contracts and protocols within a unified, scalable environment. By alleviating the obstacles retail users encounter, UNION lays a strong foundation for institutional investors as well. The platform’s comprehensive protection plays a crucial role in reducing both risks and expenses tied to DeFi activities. Users can easily obtain tailored coverage against a variety of composable risks, such as Layer-1 vulnerabilities, smart contract problems, exposure risks, and uncertainties in transaction completions. Moreover, participants have the opportunity to earn rewards and incentives through their involvement in the UNION finance ecosystem, enhancing user engagement. The platform facilitates the purchasing, redeeming, and optimizing of collateral protection while providing strategies to mitigate volatility risks faced by stablecoin borrowers or individuals with substantial holdings. In addition, UNION offers protection writing services for users taking long positions, along with safeguards against smart contract failures, potential rug pulls, balance theft, and malicious hacking efforts, thus fostering a more secure DeFi landscape. Ultimately, UNION equips users with the tools needed to navigate their financial risks more effectively in an ever-evolving market scenario, promoting a more resilient approach to investment strategies.

What is Jet Protocol?

Jet is a cutting-edge decentralized protocol for borrowing and lending that prioritizes efficiency, power, and scalability on the Solana blockchain. Our goal is to fuel the DeFi movement, empowering users by leveraging our platform. The protocol's native token will bolster existing governance models, promoting greater community engagement and ownership. A fundamental aspect of this governance-oriented approach is to build a diverse community committed to the exploration, design, and implementation of effective lending solutions. Jet users can secure loans against over-collateralized debt positions, enabling them to take on debt up to the limits determined by governance decisions. If a user's collateral value falls below the specified threshold, their position may be liquidated by external parties, including traders or any users authorized to engage with the smart contract. Additionally, Jet intends to introduce secondary markets for interest rate products on Serum and will support ongoing community-driven research and development of lending solutions. This unwavering commitment to innovation will help ensure that Jet remains a leader in the rapidly changing DeFi ecosystem. Ultimately, Jet aims to create a sustainable and user-centric financial environment that adapts to the needs of its community.

Media

Media

Integrations Supported

Ethereum
MetaMask
Telegram

Integrations Supported

MathWallet
Phantom
Solana
Solflare
Solong

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS
Android
iPhone
iPad

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub

Company Facts

Organization Name

UNION

Date Founded

2020

Company Website

www.unn.finance/

Company Facts

Organization Name

Jet Protocol

Date Founded

2020

Company Website

www.jetprotocol.io

Categories and Features

Crypto Lending (DeFi)

Not specified

DApps

Not specified

DeFi Projects

Not specified

Categories and Features

Crypto Lending (DeFi)

Not specified

DeFi Projects

Not specified

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