The UNION Protocol Governance Token, $UNN is used for governance purposes, such as voting on protection claims and related conflict resolution, adjusting risk parameters, or adjusting incentive programs.
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The use of terms such as “insurance”, “protection”, and “coverage” are illustrative to only enable the reader to better understand the UNION technology platform. The use of these terms does not mean UNION is an insurance company. UNION is not an insurance company and UNION does not sell policies of insurance.