UND tokens have been swapped to FUND

This was a long time coming and news that we had to keep under wraps while we verified our findings.

As the we approach the Genesis of the Unification Mainnet, the following actions will be executed to optimize the supply & utility of the network:

1 — Mainnet Unification will operate under a mainnet issued token named FUND. $FUND is the actual token for the project and $UND was the testnet token.

2 — $FUND has a Total Supply of 120million FUND. Details on distribution can be found here

3 — All UND in circulation (approx 45million) will be able to be swapped 1–1 for FUND — please see this article for details on how to swap UND

The reasons for this is that UND was minted as a test-coin but as it was ERC-20 and BEP-2 it was not functional on an active public network. Because of this we minted 2 Billion UND (split between ERC20 and BEP2) of these only 45,000,000 (approx) ever entered circulation with 1,955,000,000 forever sitting in cold wallets. For various reasons, including to make things very cut and dry to avoid confusion, the test-coin UND has been sunsetted and only FUND with it’s total supply of 120,000,000 will operate on mainnet.

The usage of the $FUND token is as follows: The Unification ecosystem is divided into Mainchain — the full public network and WRKChains which are independent enterprise chains that are able to properly scale at cost and resources. When a WRKChain produces a block, it will need to hash that block and send the headers to Mainchain for immutable public validation — For this they are required to submit the FUND token as tax.