According to news on January 11, the cross-chain settlement layer Union announced the launch of the Union Foundation. The Union Foundation is an independent organization dedicated to building a more secure, decentralized and interoperable Web3. Its core focus is to fund initiatives that support the Union network. , and incentivize its growth through maintenance, ongoing development, and decentralized application (dApp) creation, including a grant program and a Union Fellowship program. The Union Foundation announced that it will soon release a token economic model, and the Union mainnet will also be launched soon.