When Will UNI Unlock?121

The UNI token is the governance token of Uniswap, a leading decentralized exchange. UNI was launched in September 2020, and one billion tokens were created at launch. Of these one billion tokens, 60% were distributed to Uniswap users, 21.5% were allocated to team members and investors, and 18.5% were allocated to the Uniswap ecosystem fund. The remaining tokens were reserved for future use.

The UNI token is used to vote on proposals that affect the Uniswap protocol. UNI holders can also stake their tokens to earn rewards. UNI is currently one of the most valuable governance tokens in the cryptocurrency market.

When UNI was launched, 40% of the tokens (400 million UNI) were locked for one year. These tokens were released on September 17, 2021. The remaining 60% of the tokens (600 million UNI) are locked for four years. These tokens will be released in monthly installments, starting in September 2023.

The vesting schedule for UNI tokens is as follows:
September 17, 2021: 400 million UNI released
September 2023 - September 2027: 600 million UNI released in monthly installments

The vesting schedule is designed to ensure that UNI tokens are distributed to the community over time. This helps to prevent the token from being dumped on the market and helps to maintain its value.

The UNI token is an important part of the Uniswap ecosystem. It allows UNI holders to participate in the governance of the protocol and earn rewards. The vesting schedule for UNI tokens is designed to ensure that the token is distributed to the community over time and helps to maintain its value.

Additional Information

In addition to the information above, here are some additional details about the UNI token unlock:
The UNI token unlock is a gradual process that will take place over four years.
The monthly installments of UNI tokens will be released on the 17th of each month.
The UNI token unlock will have a significant impact on the market for UNI tokens.

It is important to note that the UNI token unlock is a one-time event. Once the four-year vesting period is complete, there will be no more UNI tokens released into the market.

2025-02-08

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