-
Bitcoin
$81,916.2160
-3.00% -
Ethereum
$1,891.5306
-2.86% -
Tether USDt
$0.9998
-0.01% -
XRP
$2.2498
-5.28% -
BNB
$634.5380
1.19% -
Solana
$124.3219
-4.23% -
USDC
$0.9999
-0.01% -
Dogecoin
$0.1649
-6.13% -
Cardano
$0.6924
-4.83% -
TRON
$0.2276
3.47% -
UNUS SED LEO
$9.7365
-0.87% -
Toncoin
$3.6134
3.37% -
Chainlink
$13.5826
-4.01% -
Stellar
$0.2684
-2.96% -
Pi
$1.1409
-14.78% -
Hedera
$0.1844
-5.18% -
Avalanche
$18.4774
-2.98% -
Shiba Inu
$0.0...01237
-5.82% -
Sui
$2.2552
-4.87% -
MANTRA
$6.9342
-0.56% -
Polkadot
$4.3124
-2.53% -
Litecoin
$88.3079
-6.22% -
Bitcoin Cash
$331.0896
-3.02% -
Bitget Token
$4.5756
3.21% -
Ethena USDe
$0.9995
-0.02% -
Dai
$1.0001
0.01% -
Hyperliquid
$13.4030
-1.30% -
Monero
$206.5461
-2.52% -
Uniswap
$6.1522
-3.38% -
Aptos
$5.2585
-3.25%
Understand the issuance price and total issuance of UNI coins in one article
The initial issuance of UNI tokens at $0.0157 per token through a decentralized exchange offering (DXO) led to a surge in demand and price due to the low price and large allocation to users (60%).
Sep 30, 2024 at 10:53 am

Understanding UNI Token's Issuance Details
1. Issuance Price
- UNI tokens were initially offered through a decentralized exchange offering (DXO) on September 18, 2020.
- The initial issuance price was set at $0.0157 per UNI token.
2. Total Issuance
- The total supply of UNI tokens is capped at 1 billion tokens.
- Of these, 60% (600 million tokens) were allocated to users through the DXO.
- The remaining 40% (400 million tokens) are allocated to ecosystem development, team members, and advisors.
3. Token Distribution
- DXO Distribution (60%): 600 million UNI tokens were distributed to participants in the DXO based on their contributions.
- Ecosystem Development (17.5%): 175 million UNI tokens are reserved for Uniswap ecosystem development initiatives.
- Team and Advisors (21.5%): 215 million UNI tokens are allocated to team members and advisors in recognition of their contributions.
- Community Fund (1%): 10 million UNI tokens are reserved for community-driven initiatives and grants.
4. Vesting Schedule
- The team and advisors' tokens are subject to a four-year vesting schedule, with 25% released per year.
- The ecosystem development and community fund tokens have no vesting period.
5. Impact on Initial Issuance
The low initial issuance price of UNI tokens and the large allocation (60%) to users through the DXO led to a significant surge in demand and price shortly after launch.
6. Benefits of Token Issuance
The issuance of UNI tokens provided several benefits to the Uniswap ecosystem:
- Community Ownership: Users who participated in the DXO gained a stake in Uniswap's governance and future.
- Incentivization: UNI tokens incentivize participation in Uniswap's liquidity pools and the broader ecosystem.
- Decentralization: The widespread distribution of UNI tokens helps decentralize Uniswap's ownership and decision-making.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
- XRPTurbo: The Next Big Opportunity in the XRP Ecosystem
- 2025-03-19 03:10:58
- Terra Luna Classic (LUNC) Community Votes to Reclassify TerraUSD (USTC)
- 2025-03-19 03:10:58
- 21Shares Officially Files for a Spot Polkadot ETF with the SEC, Seeking Approval to List and Trade Shares
- 2025-03-19 03:05:59
- Announcing the Techstars Web3 Accelerator Class of 2025
- 2025-03-19 02:50:59
- Minima, a pioneering decentralized layer 1 blockchain for embedded systems, announces its partnership with Siemens Cre8Ventures.
- 2025-03-19 02:50:59
- Code of Joker: Evolutions, Sega's Classic Trading Card Game, Is Making a Comeback — This Time on the Sui Blockchain
- 2025-03-19 02:50:59
Related knowledge

What does "composability" mean in DeFi?
Mar 14,2025 at 12:36pm
Key Points:Composability in DeFi refers to the ability of different decentralized finance (DeFi) protocols to interact and combine seamlessly, creating novel financial products and services.This interoperability is a core tenet of the DeFi ecosystem, fostering innovation and efficiency.Understanding composability requires exploring its mechanisms, benef...

What is token economics in DeFi?
Mar 14,2025 at 03:20am
Key Points:Token economics in DeFi defines how tokens are used to incentivize and govern decentralized finance (DeFi) protocols.It encompasses token utility, distribution mechanisms, and economic models designed to ensure sustainability and growth.Understanding token economics is crucial for evaluating the long-term viability and potential risks of DeFi...

How are transaction fees calculated in DeFi?
Mar 14,2025 at 04:25am
Key Points:DeFi transaction fees vary significantly depending on the specific protocol, network congestion, and the complexity of the transaction.Gas fees, a crucial component, are paid in the native token of the blockchain (e.g., ETH on Ethereum).Factors influencing gas fees include the type of transaction, data size, and network demand.Protocols often...

What is a cross-chain bridge? What is its role in DeFi?
Mar 14,2025 at 10:00am
Key Points:Cross-chain bridges facilitate the transfer of assets between different blockchains.They are crucial for DeFi's interoperability, allowing users to access diverse applications and liquidity pools across various networks.Several types of cross-chain bridges exist, each with its own security and scalability trade-offs.Understanding the risks as...

What is the role of governance tokens in DeFi?
Mar 13,2025 at 07:10pm
Key Points:Governance tokens grant holders voting rights on platform decisions.They incentivize community participation and platform development.Voting power is typically proportional to token holdings.Governance proposals can range from protocol upgrades to fee adjustments.They are crucial for decentralized decision-making in DeFi.Risks include manipul...

What is a lending protocol? How does lending work in DeFi?
Mar 16,2025 at 12:46pm
Key Points:Lending protocols are decentralized applications (dApps) built on blockchain networks that facilitate peer-to-peer lending and borrowing of cryptocurrencies.DeFi lending operates without intermediaries like banks, leveraging smart contracts for automated processes.Users earn interest by lending their crypto assets, while borrowers gain access...

What does "composability" mean in DeFi?
Mar 14,2025 at 12:36pm
Key Points:Composability in DeFi refers to the ability of different decentralized finance (DeFi) protocols to interact and combine seamlessly, creating novel financial products and services.This interoperability is a core tenet of the DeFi ecosystem, fostering innovation and efficiency.Understanding composability requires exploring its mechanisms, benef...

What is token economics in DeFi?
Mar 14,2025 at 03:20am
Key Points:Token economics in DeFi defines how tokens are used to incentivize and govern decentralized finance (DeFi) protocols.It encompasses token utility, distribution mechanisms, and economic models designed to ensure sustainability and growth.Understanding token economics is crucial for evaluating the long-term viability and potential risks of DeFi...

How are transaction fees calculated in DeFi?
Mar 14,2025 at 04:25am
Key Points:DeFi transaction fees vary significantly depending on the specific protocol, network congestion, and the complexity of the transaction.Gas fees, a crucial component, are paid in the native token of the blockchain (e.g., ETH on Ethereum).Factors influencing gas fees include the type of transaction, data size, and network demand.Protocols often...

What is a cross-chain bridge? What is its role in DeFi?
Mar 14,2025 at 10:00am
Key Points:Cross-chain bridges facilitate the transfer of assets between different blockchains.They are crucial for DeFi's interoperability, allowing users to access diverse applications and liquidity pools across various networks.Several types of cross-chain bridges exist, each with its own security and scalability trade-offs.Understanding the risks as...

What is the role of governance tokens in DeFi?
Mar 13,2025 at 07:10pm
Key Points:Governance tokens grant holders voting rights on platform decisions.They incentivize community participation and platform development.Voting power is typically proportional to token holdings.Governance proposals can range from protocol upgrades to fee adjustments.They are crucial for decentralized decision-making in DeFi.Risks include manipul...

What is a lending protocol? How does lending work in DeFi?
Mar 16,2025 at 12:46pm
Key Points:Lending protocols are decentralized applications (dApps) built on blockchain networks that facilitate peer-to-peer lending and borrowing of cryptocurrencies.DeFi lending operates without intermediaries like banks, leveraging smart contracts for automated processes.Users earn interest by lending their crypto assets, while borrowers gain access...
See all articles
