Union Protocol (v1)
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Becoming a Member

Onboard as a "member" in order to borrow from, or vouch for, others. Becoming a member is a three step process. Upon completion, you will have access to credit from your network and be able to extend credit to people whom you trust.
Head over to app.union.finance and complete the following three steps. If you get stuck, check out the FAQ below or reach out to the community for help.
  1. 1.
    Stake DAI in the Union protocol
  2. 2.
    Get 3 Vouches from members who trust you
  3. 3.
    Pay the membership fee of one UNION token

Visual Guide

1. Stake DAI in the Union protocol

Staking is a lot like depositing. When you stake DAI in the Union protocol, you earn a proportional amount of UNION governance token each block.

2. Get three Vouches from members who trust you

Share your vouch link with Union members in your network. When someone vouches for you, they decide how much DAI they trust you to borrow and repay.

3. Pay the membership fee of one UNION token

Once you have earned at least one UNION, claim your rewards.
Burn 1 UNION to become a member, unlock benefits, and start building your credit network. This 'fee' is primarily to mitigate DoS attacks from clogging the network. You should be able to acquire 1 UNION by staking a small sum for about a week.