Partnered With:

Early users of Uniswap and LP can now take UNI

Read this article in 10 Minutes

Uniswap governance for the distribution of token UNI

BlockBeats, September 17, Uniswap today announced that its agreement to govern the Currency UNI is now available on ethereum's main website.The etheric lane address: 0 x1f9840a85d5af5bf1d1762f925bdaddc4201f984.

60% of UNI's creds supply is allocated to members of the Uniswap community, and a quarter (15% of the total supply) has been allocated to past users. UNI is currently available through 4 liquidity pools. UNI holders can vote to add more liquidity pools after the 30-day grace period.

At present, the total SUPPLY of UNI is 1 billion pieces, which will be distributed in 4 years:

60.00% to Members of the Uniswap Community [600 million]

21.51% given to team members and future employees, unlocked in 4 years [about 215 million UNI]

17.80% given to investors, unlocking in 4 years [178 million UNI]

Awarded to consultants for 4 years of unlocking [6,899,000 UNI]

Generation currency distribution

Additional descendent currency allocation

Rhythblockbeats understands that the UNI will start a sustained inflation rate of 2 per cent a year in four years' time.

25% of the community portion, or 15% of the total UNI, will be provided to early Uniswap LPS, users, SOCKS redemption and holding users based on the snapshot on September 1: Among them, the total amount of 4.92%, or about 49.17 million UNI pieces, will be allocated to 49,192 early LPS; The other accountThe total UNI of 10.06% will be distributed to 250,000 early users.(Note: It is officially stated that every address that has invoked Uniswap V1 or V2 contract can apply for 400 UNI, which includes 12,000 addresses that have invoked Uniswap v1 or V2 contract but failed.)

0.02% of the total token supply chain is provided to 220 SOCKS holders [about 220,000 UNI].

How to get UNI

Early users, liquidity providers, and SOCKS holders can nowApply for UNI of your own.

Click the address to enter Uniswap address:https://app.uniswap.org/#/swap

If you want to check whether you are a group that can receive UNI airdrops, you can click the "... "in the upper right corner of the page. Icon, and then click Claim UNI.

The following page will appear. After your own ethereum address, you can inquire whether you can receive 400 UNI airdrops.

If you are in the available range, you can click On Claim to apply. At the moment the GAS fee is $17 by default. Click "OK" and you'll be ready to wait for UNI to arrive.

The initial liquidity pool will be launched at 12am UTC on September 18, 2020 (8am Beijing time on September 18, 2020). The original plan was to run until 12 noon UTC time on November 17, 2020 (8 PM Beijing time on November 17, 2020).

The following four pools on Uniswap V2 can be used for fluid mining:

ETH/USDT

ETH/USDC

ETH/DAI

The parameters that can be preliminarily governed through token are as follows:

1% of UNI's total supply (delegate) to submit governance proposals

A vote of 4% of the TOTAL UNI supply must be cast to meet the quorum

There is a seven-day voting period

2 days of execution delay time

The original address

Welcome to join the official BlockBeats community:

Telegram Subscription Group: https://t.me/theblockbeats