Analysis: UNI has been fully unlocked, and the actual circulation rate is about 25.83%

BlockBeats news, on September 17, according to the article by on-chain analyst Yu Jin Yu X, the on-chain chips analysis of UNI, which has entered the fully circulated state: In September 2020, UNI was issued and listed. The team/investors/advisors and the community treasury received a total of 83% of UNI (830 million pieces), and these UNIs have a four-year unlocking cycle. Now that 4 years have passed, these UNIs have been unlocked and become fully circulated tokens. The issuance and distribution of UNI are as follows:

LP staking rewards 2% (liquidity mining allocation from September to November 2020);
Early user airdrops 15%;
Community treasury 43% (4-year unlocking cycle);
Team/investors/advisors 40% (4-year unlocking cycle).

The 17% of LP mining + airdrops have all been circulated at the beginning of the launch, so only the community treasury and team/investors/advisors need to be considered.

Community Treasury (43%): The community treasury has an allocation of 430 million UNI, which has been fully unlocked. The number of UNIs currently held by the community treasury address is 399,789,850, which means that the total amount of UNIs that have flowed into the market from the community treasury in the past 4 years is 30,210,150.

Team/Investors/Advisors (40%): The community treasury has an allocation of 400 million UNIs, which has been fully unlocked, of which 58,164,177 have flowed into the market. Because the top six addresses (a16z, etc.) that received the allocation have basically not sold, the sales ratio is not high.

Summary: UNI has been fully unlocked, with a circulation rate of 100% (1 billion pieces). However, since the community treasury and team/investors/consultants that own most of the chips have not sold many (88.37 million pieces), most of the unlocked chips have not been sold yet, so the actual circulation of UNI is currently around 258.3 million (25.83% of the total).