Unification 2021 Recap — A Year of Tremendous Growth & Development
2021 has been an incredible year for Unification:
We are very proud of the results the Unification community has been able to achieve with the toolkits that the Unification foundation has been able to support and deploy to bring DeFi, NFTs and blockchain operations to a new level of optimized reality.
Our community has grown to 1,300 holders, which given the small supply of 10,000 xFUND, or 1 holder per 7 xFUND, proves to be one of the largest ratios tokens in circulation versus wallet holders.
OoO: DeFi Coming of Age: Security, Transparency & Openness
Unification’s year started with the mainnet release of Oracle of Oracles, which brought a level of price security and hack resistance to DeFi in a way never seen before. This positioning enabled the development of security in financial products to rival those of major blue chip institutions, and allowed all participants to join the DeFi revolution for years to come.
We are proud to support all efforts to make the industry safer and dependable.
OoO has been utilized in many projects, most notably as the pricing Oracle for Shibaswap.
VOR: Partner Support, NFTs, Randomness, Gaming & Fair Distribution
In addition to Oracle of Oracles, Unification released Verified Open Randomness (VOR) which is the first truly open verification tool in the DeFi/NFT space without the requirement of previous approval from platform providers.
Beyond our work with the Shiba Inu team, we have witnessed the growth and resurgence of many projects in the DeFi and NFT space. We have provided support and reliability in projects such as Revest Finance, Charged Particles, Civilization Fund, as well as several others to come.
This is just a sample of some of those who have utilized our official channels to interact with the Unification protocols. The openness of our platforms have allowed anybody entering the space to take advantage and rival any of the larger players in the field.
Q4 has brought exciting projects including new NFT launches of Shiboshis and Tough Turtles, which utilized the Unification product line as well as the testnet release of Version 2.0 of Oracle of Oracle’s launch (OoO 2.0) which is being tested by our trusted partners.
An End to Emissions
As we saw the growth and popularity of xFUND, the foundation made a decision to limit the number of xFUND to 10K, resulting in a final market supply. To balance the existence of this limited supply, xFUND spending in utility tools, including OoO & VOR is dynamically updated to reflect & stay competitive to market pricing. In addition, the limit allowed a steady marketcap for xFUND going forward.
Staking & Community Support
With the growth of the utility of xFUND, the foundation also strived to introduce a staking program to allow a balance of utility, support & community development to reward xFUND holders who believed & supported the platform all along, hence the epoch systems introduced in Q1 2021.
The success of the program continued onto the second stage introduced in a new era of yields , which was a dual program supported with our partners at Shibaswap.
To continue the support and development, we are proud to announce the third iteration of the program which will be among the first of the feature initial Ryoshi Reward programs on the Shibawap platform. (more exciting news of this to come!)
The new staking program will coincide with the next halving of xFUND’s emissions — planned for February 4, 2022.
The next epochs will be divided into two pools of 50/100 xFUND tokens between the single stake & LP tokens, and will continue for 10 epochs of 2 weeks each, similar to previous programs. While there may be additional steps needed to participate in the Ryoshi rewards updates which will be announced at the time of the program’s launch, as a commitment to reduce gas consumption, the migration to the current v3 program will be automated & there will be no need to unstake/restake for current participants in order to save on gas costs.
A New DAO & the Introduction of wFUND Development & CrossChain support for VOR & OoO 2.0
In October 2021 we announced the formation of Unification DAO 2.0, and we’re proud to be working towards the support of this in the longer term.
The release of wFUND will allow us to increase the liquidity in FUND for governance, Beacon & WRKchain transactions, & staking. The program is still in progress and has been supported by the updates we’ve recently seen and contributed toward in the Gravity Bridge Project.
The release of wFUND will allow users to move trade and FUND on any decentralized exchange. In addition, we are excited to announce that with the support of the community we have also decided to bring Crosschain Support to the full roster of Unification products. This includes OoO & VOR, initially to begin with Polygon & BSC but to be expanded into all other chains where users reside, including an entirely new Layer 2, which we are working to develop with some of our biggest partners (more exciting news to come!)
2022: OoO For All, A New Era of Gaming & Multi Channel/L2 Support
The next year holds many exciting updates for Unification. The release of Cosmos 0.42 combined with the mainnet release OoO 2.0 will bring crosschain support to Fund, xFUND, and security to any protocol which utilizes Oracles democratizing security, fairness & all Unification stands for across the entire growing blockchain eco-system.
In addition, we will continue our background work with a revolutionary new Gaming network & Guild to be announced publicly in the near future as well as Layer 2 support for existing partners in the way, both of which will prove revolutionary in the growth & Utility of the overall blockchain eco-system.
We appreciate the support of the community and are committed as ever as we gain new partnerships and products we had not even dreamed about a year prior. We look forward to the places that we can go together in 2022 which we’ll move us far beyond our existing mission.
Wishing you all a wonderful New Year, and a happy, healthy and prosperous year to come. We look forward to having you join the next Farm 3.0 and to continue in the success and growth of FUND, xFUND, wFUND and Unification.
