UNI Coin Daily Vesting222

Uniswap is a decentralized exchange (DEX) that allows users to trade cryptocurrencies directly with each other without the need for a middleman. The platform's native token, UNI, is used for governance and to reward liquidity providers. UNI was first launched in September 2020 with a total supply of 1 billion tokens. Of this amount, 60% was allocated to the community, while the remaining 40% was distributed to the Uniswap team and investors.

According to the Uniswap governance plan, the UNI tokens allocated to the community are being vested over a four-year period. This means that a certain number of tokens are released each day and distributed to UNI holders. The vesting schedule is designed to encourage long-term participation in the Uniswap ecosystem and to prevent the token from being dumped on the market all at once.

The daily UNI vesting amount is calculated as follows:```
Daily vesting amount = (Total community UNI allocation / Vesting period) * 365
```
```
= (600,000,000 / 4) * 365
```
```
= 54,750,000 UNI
```

This means that 54,750,000 UNI tokens are released each day and distributed to UNI holders. The vesting period began on September 17, 2020, and is scheduled to end on September 17, 2024.

UNI holders can view their vested UNI balance on the Uniswap website. To do this, go to the "Governance" tab and click on the "My Tokens" link. Your vested UNI balance will be displayed under the "Vested" column.

Vested UNI tokens can be claimed at any time. To claim your vested UNI, go to the Uniswap website and click on the "Claim" button. Your claimed UNI will be sent to your Ethereum wallet.

The daily UNI vesting is an important part of the Uniswap ecosystem. It helps to ensure that the UNI token is distributed fairly and that long-term participants are rewarded. If you are a UNI holder, it is important to understand the vesting schedule and how to claim your vested tokens.

FAQs

When does the UNI vesting period end?
The UNI vesting period ends on September 17, 2024.


How can I view my vested UNI balance?
You can view your vested UNI balance on the Uniswap website. To do this, go to the "Governance" tab and click on the "My Tokens" link. Your vested UNI balance will be displayed under the "Vested" column.


How do I claim my vested UNI tokens?
To claim your vested UNI tokens, go to the Uniswap website and click on the "Claim" button. Your claimed UNI will be sent to your Ethereum wallet.

2024-12-04

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