Unification Bridge to the Future:

Maziar Sadri

Published in

Unification Foundation

5 min readApr 11, 2022

New Development, Products, and The Last xFUND Halving

There’s a quiet storm brewing in the Unification hemisphere as we approach the second quarter of 2022!

Starting with the evolution of the last xFUND halving that took place on schedule this morning, expect to experience the biggest impact of the Foundation’s efforts to come to fruition toward the second half of the year.

The Foundation and team have been working diligently this quarter as we lay the groundwork and platforms for some of the biggest and most fundamental changes to impact not only our network, but the entire blockchain industry.

Mainchain Network Progress & Testnet Launch

As promised, the Mainchain Network update for Unification is well underway with the initial Testnet Launch in place.

A huge thank you and shout out to the validators who got involved in the TestNet upgrade! The upgrade went smoothly and was a success. TestNet is now running und v1.5.0, which implements the Cosmos SDK 0.42 branch.

We also rolled out upgrades to the Web Wallet (link to Beta release available on request) and the Block Explorer (https://explorer-testnet.unification.io). A big thank you to validators who provided valuable feedback both live during the upgrade, and after the upgrade! This has all been used to improve the process and hopefully make the MainNet upgrade even smoother.

We currently have some test BEACONs and WRKchains running on TestNet and are actively monitoring how it performs. Roll out of the MainNet is expected by the end of Q2.

The process for upgrading MainNet will be the same as TestNet, but it will be mandatory for all validators to run the upgrade at the specified upgrade time. Validators who upgrade outside of the defined slashing time will unfortunately be jailed and their stakes (and their delegators’!) will be slashed.

The general process will be:

A governance proposal will be created outlining the upgrade time and date
Voting will take place on the proposal
If the proposal passes, the upgrade will take place

Those interested in the process can check out the TestNet proposal (https://explorer-testnet.unification.io/proposals/3) and the upgrade process used on TestNet (https://github.com/unification-com/testnet/blob/master/042_upgrade.md)

wFUND

Among the most important changes in our network update is the possibility of wFund using the Cosmos gravity bridge, allowing vastly increased liquidity & utility for the FUND token by making FUND available across all possible Dex’s.

We anticipate wFUND to be a reality in the second half of the year and allow trading across Shibaswap, Uniswap, as well as L2’s, including the ones the Foundation is in the process of aiding development! (more details below:)

Holdem Heroes

In the spirit of full openness and Multichain utility, a new project has been unveiled which utilizes VOR/xFUND as the main verified randomness generator, not only in the distribution of NFT’s but also in the actual gameplay.

Holdem Heroes is a fully on-chain, Multichain NFT project with on-chain cards and a game ready at launch which will utilize VOR for the verifiable randomness of cards dealt in the accompanying game to launch, as well as for the open platform/infrastructure which they anticipate additional games to be built on.

The project will launch on 4/20 and displays the power and Utility of VOR especially when applied to lower gas price chains with Polygon being the first.

The project promises more games & more chains which will be a perfect growth channel for the utility of xFUND.

https://medium.com/holdem-heroes

Shibarium

In continuing the foundational work to support open source projects with large utility, the Unification team continues to play a strong role in the development of the Shibarium network. Shibarium which will be the premium L2 for the Shib token community, & in partnership with the Shib Army, enabling rapid low cost transactions optimized for gaming.

The project TestNet is planned to launch within the next months with a public beta to follow shortly thereafter.

There is currently a lot of hard work occurring in the background, with many moving pieces. We are in the process of deploying the second private Alpha TestNet which will ultimately be used for network testing, and the development of all the tools required for end-user interaction such as Wallets, Block Explorers, token transfer bridges etc. Once these are developed and in place, there will be some private invitations going out to trusted testers. The feedback will be used to build on and improve the network and tools, before finally releasing a public Beta TestNet.

The last xFUND Halving

In continuing with the plans of the xFund’s having. The final halving took place as scheduled on Apr 11, 2022 as demonstrated by the new emission structure on https://xfund.unification.io/

The halving brings the daily supply of xFUND to 3 (from the height of 24) and will continue until August 22, 2022, which will be the final halving/supply of 10k with the last “1” xFUND emitted.

With the last xFUND minted, there will not be any additional xFuND created, opening the door for opportunity in value creation, including but not limited to new utilities for FUND, xFUND, wFUND, and more!

Enabling Expansion and Creating a Bridge to the Future

The end of xFUND emissions is a start of a new and exciting era of OOO, VOR, and other utilities to come. Future utilities fees will be set to adjust accordingly with the supply utility to stay open and competitive for all project utilizing VOR 2.0, OOO, Fund, and wFUND across all chains.

We are glad to bring the knowledge of building infrastructure, not only for the health and advancement of the Unification Network, but for all the roles and advancements that Unification supports, including openness, lower cost, accessibility, and new utility of blockchain tools!

We look forward to seeing more products, games and innovation such as Shibarium, wFUND, Holdem Heroes and much much more (with the surprising serendipity that openness brings) to continue development and innovation forward in support of our mission while bringing growth and value to all supporters!