{"id":28776,"date":"2020-09-17T09:11:34","date_gmt":"2020-09-17T06:11:34","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=28776"},"modified":"2025-08-27T13:21:48","modified_gmt":"2025-08-27T10:21:48","slug":"uniswap-launches-uni-governance-token","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/uniswap-launches-uni-governance-token\/","title":{"rendered":"Uniswap launches UNI governance token"},"content":{"rendered":"<p><span style=\\\"font-weight: 400;\\\">The leading decentralised exchange (DEX) Uniswap released the UNI governance token. It was quickly listed on Binance.<\/span><!--more--><\/p>\n<p>\\n<\/p>\n<blockquote class=\\\"twitter-tweet\\\"><p>\\n<\/p>\n<p dir=\\\"ltr\\\" lang=\\\"en\\\">We\u2019re thrilled to announce that UNI, the Uniswap Protocol governance token, is live now on Ethereum mainet!<\/p>\n<p>\\n<\/p>\n<p>Read more:<a href=\\\"https:\/\/t.co\/RD3mwEUyHn\\\">https:\/\/t.co\/RD3mwEUyHn<\/a><\/p>\n<p>\\n<\/p>\n<p>Ethereum Address: 0x1f9840a85d5af5bf1d1762f925bdaddc4201f984<\/p>\n<p>\\n<\/p>\n<p>\u2014 Uniswap Protocol \ud83e\udd84 (@UniswapProtocol) <a href=\\\"https:\/\/twitter.com\/UniswapProtocol\/status\/1306385710434451461?ref_src=twsrc%5Etfw\\\">September 17, 2020<\/a><\/p>\n<\/blockquote>\n<p>\\n<\/p>\n<p><script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>\\n<\/p>\n<p><span style=\\\"font-weight: 400;\\\">The total UNI supply will be 1 billion; 60% is allocated to the community and will be distributed over four years. As of writing, Uniswap has already allocated 15%.<\/span><\/p>\n<p>\\n<\/p>\n<p><span style=\\\"font-weight: 400;\\\">The team, current and future employees, will receive 21.51% under the vesting program. Another 17.80% were allocated to investors, and 0.069% to the project&#8217;s advisors.<\/span><\/p>\n<p>\\n<\/p>\n<p><span style=\\\"font-weight: 400;\\\">After four years, the inflation mechanism will kick in, with an annual rate of 2%.<\/span><\/p>\n<p>\\n<\/p>\n<p><span style=\\\"font-weight: 400;\\\">Binance added UNI to its listing within an hour of the release, and Changpeng &#8216;CZ&#8217; Zhao warned of extreme volatility.<\/span><\/p>\n<p>\\n<\/p>\n<blockquote class=\\\"twitter-tweet\\\"><p>\\n<\/p>\n<p dir=\\\"ltr\\\" lang=\\\"en\\\">New coin, a couple hours old. <a href=\\\"https:\/\/twitter.com\/search?q=%24UNI&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$UNI<\/a><br \/>\\nRelatively well known project, grandfather of DeFi (NOT endorsement)<br \/>\\nExpect high volatility.<br \/>\\nHIGH RISK. <a href=\\\"https:\/\/t.co\/oY9I7UJswX\\\">https:\/\/t.co\/oY9I7UJswX<\/a><\/p>\n<p>\\n<\/p>\n<p>\u2014 CZ Binance (@cz_binance) <a href=\\\"https:\/\/twitter.com\/cz_binance\/status\/1306411554405982208?ref_src=twsrc%5Etfw\\\">September 17, 2020<\/a><\/p>\n<\/blockquote>\n<p>\\n<\/p>\n<p><script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>\\n<\/p>\n<p>About 13,000 users have already claimed the tokens. The high demand led to a sharp rise in Ethereum network fees.<\/p>\n<p>\\n<\/p>\n<p><span style=\\\"font-weight: 400;\\\">Earlier Uniswap <a href=\"https:\/\/u1f987.com\/en\/news\/uniswap-loses-70-of-liquidity-due-to-asset-migration-to-the-sushiswap-fork\">lost<\/a> 70% of liquidity due to migration to a competing protocol SushiSwap, which attracted liquidity providers with the distribution of the governance token SUSHI.<\/span><\/p>\n<p>\\n<\/p>\n<p><span style=\\\"font-weight: 400;\\\">Uniswap later reclaimed the top position in the DEX segment.<\/span><\/p>\n<p>\\n<\/p>\n<p><span style=\\\"font-weight: 400;\\\">More on the SushiSwap saga can be read at the link below.<\/span><\/p>\n<p>\\n<\/p>\n<blockquote class=\\\"wp-embedded-content\\\" data-secret=\\\"ZFx0Sc9XD8\\\">\n<p><a href=\"https:\/\/u1f987.com\/en\/news\/the-runaway-chef-defi-fever-and-the-whale-gambit-how-sushiswap-drew-1bn-in-two-weeks\">The runaway &#8216;chef&#8217;, DeFi fever and the whale gambit: how SushiSwap attracted $1B in two weeks<\/a><\/p>\n<\/blockquote>\n<p>\\n<\/p>\n<p><iframe loading=\\\"lazy\\\" class=\\\"wp-embedded-content\\\" sandbox=\\\"allow-scripts\\\" security=\\\"restricted\\\" style=\\\"position: absolute; visibility: hidden;\\\" title=\\\"\u201c\u0421\u0431\u0435\u0436\u0430\u0432\u0448\u0438\u0439 \u00ab\u0448\u0435\u0444-\u043f\u043e\u0432\u0430\u0440\u00bb, DeFi-\u043b\u0438\u0445\u043e\u0440\u0430\u0434\u043a\u0430 \u0438 \u0433\u0430\u043c\u0431\u0438\u0442 \u043a\u0438\u0442\u043e\u0432: \u043a\u0430\u043a SushiSwap \u043f\u0440\u0438\u0432\u043b\u0435\u043a\u043b\u0430 $1 \u043c\u043b\u0440\u0434 \u0437\u0430 \u0434\u0432\u0435 \u043d\u0435\u0434\u0435\u043b\u0438\u201d \u2014 ForkLog\\\" src=\\\"https:\/\/u1f987.com\/exclusive\/sushiswap-takes-on-uniswap-dex-and-defi\/embed#?secret=hCyu42vRrW#?secret=ZFx0Sc9XD8\\\" data-secret=\\\"ZFx0Sc9XD8\\\" width=\\\"500\\\" height=\\\"282\\\" frameborder=\\\"0\\\" marginwidth=\\\"0\\\" marginheight=\\\"0\\\" scrolling=\\\"no\\\"><\/iframe><\/p>\n<p>\\n<\/p>\n<p>Follow ForkLog news on Telegram: <a href=\\\"https:\/\/t.me\/forklogfeed\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener noreferrer\\\">ForkLog Feed<\/a> \u2014 all news, <a href=\\\"https:\/\/telegram.me\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener noreferrer\\\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The leading decentralised exchange (DEX) Uniswap released the UNI governance token. It was quickly listed on Binance.<\/p>\n","protected":false},"author":1,"featured_media":28777,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[596,1391],"class_list":["post-28776","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-tokens","tag-uniswap-uni"],"aioseo_notices":[],"amp_enabled":true,"views":"44","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/28776","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=28776"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/28776\/revisions"}],"predecessor-version":[{"id":28778,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/28776\/revisions\/28778"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/28777"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=28776"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=28776"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=28776"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}