Product Update Issue 13

A very short update this week as team has been heavily engaged with auditors.

C-OP: Audit Changes + Live Bug Bounty

The team received and addressed all changes recommended from both Sanctum and external auditors last week. We are wrapping up final questions from the auditors, as C-OP is moving closer to production.

In taking these next steps, we have organized an “in the wild” audit, in the form of a bug bounty program. Coordinated in conjunction with Sanctum and an external vendor, the bounty program will launch this week, and continue into the first month of our live deployment on mainnet.

Details will follow shortly.

U-CDS

Testing of the pricing engine continues and front-end claim windows going through first round of usability feedback, including:

1. Making claim amount “read-only” given U-CDS’ 100% payout framework should an event be voted as occurring.
2. Adding count-down in claim windows to better show voting and claiming periods.

For more info, follow us at

Website: https://www.unn.finance/

Twitter: https://twitter.com/unnfinance

Telegram: https://t.me/UNNFinance

Telegram ANN: https://t.me/UNNFinanceANN

Disclaimers

1. UNION is not an insurance company and UNION does not sell policies of insurance.
2. UNION is not an issuer of CDOs.
3. We are in rapid development phase, and the screens may or may not look like these in final product. Some of the numbers shown are placeholders.