In the past few years, Uniswap has emerged as a phenomenon and quickly ranked at the top of the DEX segment. Uniswap’s hotness is out of the question, however, the desire of users is that the exchange will have a certain governance token that brings high value to make the Uniswap ecosystem develop further. And then, a huge event was launched that was the launch of the UNI token – Uniswap’s governance token.
So let’s find out with 5ROI Global what the UNI token is and its importance for developing the Uniswap ecosystem.
About Uniswap (UNI)
What is Uniswap?
Uniswap was founded in 2018 by Uniswap Laps – a web interface and protocol development company run by founder Hayden Adams, took inspiration from a post of Vitalik Buterin – Founder of Ethereum. He came up with a completely new protocol – Automated Market Maker (AMM) protocol and also a decentralized exchange (DEX), where users can exchange tokens right on Ethereum, without paying any exchange fees or intermediary fees.
Currently, Uniswap is one of the DEXs with the most trading pairs, so you can easily search and trade new tokens.
What is Uniswap Token?
UNI is the governance token of the Uniswap ecosystem. Enables shared ownership of the community through the implementation of an on-chain governance system. Uniswap is now particularly well-positioned for community-led growth, development, and self-sustainability. The introduction of its own token is to serve this purpose. The governance system will facilitate the development and use of the protocol, as well as develop the broader Uniswap ecosystem in the future.
Detailed information about Uniswap Token
Uniswap Key Metrics
- Token Name: Uniswap
- Ticker: UNI
- Blockchain: Ethereum
- Smart contract: 0x1f9840a85d5af5bf1d1762f925bdaddc4201f984
- Token type: governance token
- Total Supply:1,000,000,000
UNI Token Allocation:
- Community: 60%.
- Team: 21.51%.
- Investors: 17.8%.
- Advisors: 0.69%.
The role of Uniswap Token
- UNI holders have the right to vote on upgrades and development decisions on Uniswap.
- Transaction fee
- Award to Liquidity Mining
Where is Uniswap traded?
Currently, UNI is being supported for trading on a number of exchanges such as Binance, OKEx, Huobi Global, Coinbase, Uniswap, 5ROI Global, etc.
Current price of UNI
Currently, the price of UNI token in 5ROI Global at: ≈ $9.53
Trading UNI/USDT right here.
Uniswap Team and Investors
Hyungsuk Kang: Founder & CTO of the project, lead developer of Plasm, Head Ambassador of East Asia Polkadot, and Founder of PolkaKR.
Uniswap has received many investments from venture capitals (VCs), the most prominent of which are a16z and Parafi.
How to buy (UNI) on 5ROI Global exchange
4 steps to buy (UNI):
- Step 1: Access to the website or app 5ROI here
- Step 2: Select “My Wallet” and then “Deposit” the OKB token
- Step 3: Copy the contract of UNI
- Step 4: Paste the address that just copied on the 5ROI exchange into the UNI Wallet
Here is some information about Uniswap Token. Wishing everyone a favorable investment and a lot of success!
For investors, trading digital assets are not just an opportunity but also a challenge with the potential outstanding return. Users are encouraged to carefully consider their investment objectives, level of experience, and risk appetite.
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– Vietnamese Community Telegram: https://t.me/vn_5roiglobal
– Announcement Channel Telegram: https://t.me/channel_5roiglobal
– 5ROI Blog: https://info.5roi.com
How to Withdraw?