The golden era of UNI is about to touch down.
No matter you are an enthusiast or a professional in the blockchain industry, you cannot neglect the hottest news in the last two days.
“Uniswap released its protocol token UNI with an insane airdrop campaign to distribute almost 1 billion USD-value UNIs”
This is not a joke. The rich can get rich because of the willingness to share. The temporary selling pressure after the 1st-day airdrop was covered by the open market. Until now, the market price on Huobi is at 3.61 usd high, not far from the historical high 8 USD at the launching moment.
UNI Smart Contract Address: 0x1f9840a85d5aF5bf1D1762F925BDADdC4201F984
60% of the total supply of UNI is reserved for the Uniswap Community, ¼ of which (15% of the total supply) has already been unlocked for the historic users to claim. Use the link to participate.
(What are you waiting for!! If you have trading history on Uniswap before 9/1/2020, don’t hesitate to get your free 400 UNI airdrop! )
Currently, UNI can be farmed from 4 Liquidity Mining Pools. After 30 days, governance will reach its vesting cliff and Uniswap governance will control all UNI vested to the Uniswap treasury. At this point, governance can vote to allocate UNI towards grants, strategic partnerships, governance initiatives, additional liquidity mining pools, and other programs.
The 4-year distribution plan for UNI is as following：
· 60.00% : for the Uniswap Community [600mm UNI]
· 21.51%: Team Lock-up with 4-year vesting [around 215 million UNI]
· 17.80%： Investor Lock-up with 4-year vesting[around 178 mm UNI]
· 0.069%: Advisor Lock-up with 4-year vesting [around 6.9 mm UNI]
A perpetual inflation rate of 2% per year will start after 4 years, ensuring continued participation and contribution to Uniswap at the expense of passive UNI holders.
15% of UNI 150,000,000 UNI can immediately be claimed by historical liquidity providers, users, and SOCKS redeemers/holders based on a snapshot ending September 1, 2020, at 12:00 am UTC.
4.92% pro-rata to all 49,192 historical LPs 49,166,400 UNI
49 million UNI are claimable by historical liquidity providers. The formula accounts for LP liquidity on a per-second basis since the deployment of Uniswap v1, ensuring that rewards are weighted towards LPs that provided liquidity when total liquidity was low.
10.06% split evenly across all 251,534 historical user addresses 100,613,600 UNI
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
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
An initial liquidity mining program went live on September 18 2020 12:00 am UTC. The initial program will run until November 17 2020 12:00 am UTC and target the following four pools on Uniswap v2:
Initial governance parameters are as follows:
- 1% of UNI total supply (delegated) to submit a governance proposal
- 4% of UNI supply required to vote ’yes’ to reach quorum
- 7 day voting period
- 2-day timelock delay on execution
Enjoy Uniswap within AToken
AToken wallet is a non-custodial DeFi focused wallet for your phone. You can start using Uniswap on the app directly.
UNI Smart Contract Address: 0x1f9840a85d5af5bf1d1762f925bdaddc4201f984
Within only 3 steps, you can buy UNI from AToken Wallet
Step 1： Open AToken App (Download here); Enter the Uniswap directly from the homepage or from the Dapp page.
Step 2: Check the wallet connectivity, choose the token.
We recommend you to search UNI directly with ist smart contract address: 0x1f9840a85d5af5bf1d1762f925bdaddc4201f984
Step 3: Complete the swap.
Balance shows the total remaining amount of your token. Select the token you would like to swap to UNI and enter the exact quantity in the “From” area, the system will automatically calculate the corresponding amount of UNI can get in the “To (estimated)” area. Then click Swap.
Click Confirm Swap
Enter your password
(Transaction submitted, now the work shift to the miners)
(after miner verification on Etherum, then we are done!)
Then we are good to go! What are you waiting for? open your AToken App and start to make your own profit!
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Disclaimer: This is a partnered announcement. Coin Crunch India urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content of the article.