Uniswap, the leading decentralized exchange (DEX), officially announced the release of its governance token UNI on the Ethereum mainnet at approximately 9 AM UTC today. The protocol's liquidity mining program is scheduled to commence tomorrow at 8 PM UTC.
Binance's Lightning-Fast UNI Listing
Amidst the crypto community's surprise, Binance swiftly responded by listing UNI and opening deposit channels. Key details:
- Zero listing fee for UNI
- Trading pairs: UNI/BTC, UNI/BNB, UNI/BUSD, and UNI/USDT
- Trading commenced at 3 AM UTC
Important Notice: UNI is a newly issued token with potentially high volatility. Ensure you've conducted proper risk assessment and understand the token's fundamentals before trading.
UNI Tokenomics Breakdown
The UNI token (contract address: 0x1f9840a85d5af5bf1d1762f925bdaddc4201f984) has an initial supply of 1 billion units, with distribution over four years:
| Allocation | Percentage | Amount (UNI) | Release Schedule |
|---|---|---|---|
| Community | 60% | 600M | Immediate + gradual |
| Team | 21.51% | 215,101,000 | 4-year vesting |
| Investors | 17.8% | 178M | 4-year vesting |
| Advisors | 0.069% | 6,899,000 | 4-year vesting |
Notably:
- 15% of total supply (150M UNI) was airdropped to historical users
- Post 4 years: 2% annual inflation rate ensures continued protocol participation
Liquidity Mining Program (Nov 17 Deadline)
Initial mining pools on Uniswap v2:
- ETH/USDT
- ETH/USDC
- ETH/DAI
- ETH/WBTC
Reward structure:
- 5M UNI per pool (total 20M UNI)
- Daily distribution: ~83,333.33 UNI per pool
- Per-block reward: 54 UNI per pool
๐ Discover how to participate in DeFi liquidity mining
Community Governance Vision
UNI's introduction establishes:
- Community-oriented protocol ownership
- Decentralized governance system
- Sustainable development framework
As stated in Uniswap's announcement:
UNI serves the goal of shared community ownership and vibrant governance to guide the protocol's future.
FAQ Section
Q1: How can I claim UNI airdrops?
A1: The airdrop window has closed. Future distributions will follow governance decisions.
Q2: What's UNI's inflation rate after 4 years?
A2: 2% annual inflation to incentivize ongoing participation.
Q3: Can I add new liquidity pools for mining?
A3: Yes, after 30-day governance grace period via community voting.
Q4: Why choose Binance for UNI trading?
A4: Binance offers zero-fee listing, high liquidity, and multiple trading pairs.
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Disclaimer: This content provides market information only. Conduct your own research before making investment decisions.
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