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New Listing Uniswap (UNI) Token
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What is Uniswap protocol token?
Uniswap is a decentralized protocol for automated liquidity provision on Ethereum. UNI is the native token of the Uniswap protocol, and it entitles its holders to governance rights. This just means that UNI holders can vote on changes to the protocol.
UNI is distributed among the community that provides liquidity to the a number of Uniswap pools such as: ETH/USDT, ETH/USDC, ETH/DAI, ETH/WBTC.
What are the use cases of UNI?
UNI offers control over the Uniswap protocol governance, the UNI token community treasury, the protocol fee switch (0.05% of the fee would be collected by UNI token holders if activated), eth ENS, Uniswap default token list (tokens.uniswap.eth), and SOCKS liquidity tokens.
The community will be able to vote to “allocate UNI towards grants, strategic partnerships, governance initiatives, additional liquidity mining pools, and other programs."
Where can you buy UNI?
Learn more about UNI token via https://uniswap.org/.
You are responsible for making an independent evaluation of the associated merits and risks, the security, integrity and operation of any digital assets that you decide to acquire or trade. UNI is a new token that could be subject to high price volatility. Please ensure that you sufficiently understand UNI and the token project, and have taken any professional advice as you deem necessary, before you decide to acquire or trade UNI.