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What is UNI? UNI coin online trading platform, total amount and detailed introduction

Uniswap's native governance token, UNI, empowers holders with protocol voting rights and rewards through staking and liquidity provision.

Oct 08, 2024 at 06:24 am

What is UNI?

UNI is the native governance token of Uniswap, a decentralized exchange (DEX) that allows users to trade cryptocurrencies directly with each other without the need for a middleman. UNI holders can vote on changes to the Uniswap protocol, as well as participate in the Uniswap community.

UNI Coin Online Trading Platform

UNI is currently listed on a number of major cryptocurrency exchanges, including:

Binance
Coinbase
Kraken
FTX
Huobi Global

Total Amount of UNI

The total supply of UNI is 1 billion tokens.

Detailed Introduction of UNI

UNI was launched in September 2020 as a way to reward users of the Uniswap DEX. UNI holders can earn rewards by:

Staking their UNI on the Uniswap protocol
Providing liquidity to the Uniswap pools
Voting on changes to the Uniswap protocol

UNI is an important part of the Uniswap ecosystem and is used to:

Govern the Uniswap protocol
Reward users of the Uniswap DEX
Provide liquidity to the Uniswap pools

Conclusion

UNI is a vital part of the Uniswap ecosystem and has the potential to play a significant role in the future of decentralized finance.

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