Uniswap UNI Token Claim Timeline: Everything You Need to Know373

Uniswap, the leading decentralized exchange (DEX), launched its governance token UNI in September 2020. The token distribution was designed to reward early users of the platform. A total of 1 billion UNI tokens were created, with 60% allocated to the community. This article provides a detailed timeline of the UNI token claim process and answers frequently asked questions.

UNI Token Claim Timeline

The UNI token claim process took place over several phases:* September 17, 2020: UNI token distribution began. Users who had used Uniswap before this date were eligible to claim tokens.
* November 17, 2020: The first UNI token distribution phase ended.
* February 23, 2021: The second UNI token distribution phase began. This phase distributed 150 million UNI tokens to users who had not claimed their tokens during the first phase.
* June 24, 2021: The second UNI token distribution phase ended.

How to Claim UNI Tokens

To claim UNI tokens, users needed to connect their Ethereum wallets to the Uniswap website and follow the instructions. Users who had participated in Uniswap before September 17, 2020, were eligible to claim 400 UNI tokens for every Ethereum address they had used on the platform.

Users who did not claim their UNI tokens during the first phase could claim them during the second phase. The distribution was proportionate to their trading volume on Uniswap.

Frequently Asked QuestionsQ: How long do I have to claim my UNI tokens?

A: The UNI token claim period has ended. You are no longer able to claim your tokens.Q: What is the value of a UNI token?

A: The value of a UNI token fluctuates based on market demand and supply. As of May 2023, one UNI token is worth approximately $6.50.Q: Where can I trade UNI tokens?

A: UNI tokens can be traded on most major cryptocurrency exchanges, including Binance, Coinbase, and Kraken.Conclusion

The Uniswap UNI token claim process was a significant event in the history of decentralized finance. The distribution of UNI tokens rewarded early users of the platform and helped to decentralize governance. The token has since become one of the most valuable governance tokens in the cryptocurrency market.

2024-11-12

Previous：Binance vs. OKX: Which Exchange Reigns Supreme?

Next：NTX vs. USDT: A Comprehensive Comparison of Stablecoins