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UNISWAP token airdrop: UNI goes live

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Ndy Tommy
@tomlee
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I believe one of the latest news in the cryptocurrency space right now is the Uniswap token airdrop which is still ongoing. It might interest you to know that Uniswap protocol has launched its native token coin called UNI and has been listed on many other exchanges so far like, Binance.

To every Ethereum wallet that was used for trading on Uniswap before September 1st, Uniswap issues about 400 UNI to that wallet for every transaction performed. So, if used Uniswap for swapping tokens, go claim your UNI tokens.

Uniswap blog states thus;

400 UNI are claimable by each address that has ever called the Uniswap v1 or v2 contracts. This includes ~12,000 addresses that have only ever submitted failed transactions — love you guys.

0.02% to 220 SOCKS holders/redeemers [220,000 UNI]

1000 UNI are claimable by each address that has either redeemed SOCKS tokens for physical socks or owned at least one SOCKS token at the snapshot date.

This is a proof to their claim that 60% of the UNI genesis supply is being allocated to the community members. Meanwhile, a quarter of UNI total supply has already been distributed to past users.

Just barely two years, Uniswap protocol has achieved a lot and even rivalring some exchanges in terms of daily volumes. This is due to its highly decentralized financial infrastructure. Uniswap also allows for permissionless access, security, and immutability.

Worthy of note is that from September 18, an initial liquidity mining program kick starts and will elapse on November 17. Meanwhile, the liquidity mining targets only the following four pools on Uniswap v2: ETH/USDT, ETH/USDC, ETH/DAI and ETH/WBTC.

For more information, visit: https://uniswap.org/blog/uni/

Posted Using LeoFinance