# ETHos on Union --- Extending credit to ethos aligned event organizers in the Ethereum ecosystem. --- ### Steps to engage 1. Create a safe on arbitrum with the same signers, bridge funds to that safe. 2. Deploy a timelock owned by your mainnet safe (this is how Union governance controls l2 deployments) --- Define terms for the loan - 10% APY - Interest goes back to the pool - Increase our lending power + enable more grants via ETHos. --- 20 ETH pool as the staked collateral + bridged to a new safe on arbitrum for cheap transacting. --- ### Who is this for ? - Event organizers who need funds to boot up their operations earlier in the year, members of ETHos who want to run their own events but aren’t eligible for grants.