What is the Circulating Supply of UNI?346

Uniswap (UNI) is a decentralized exchange (DEX) protocol that allows users to trade cryptocurrencies directly with each other, without the need for an intermediary. Uniswap is one of the most popular DEXs in the world, and its native token, UNI, is one of the most valuable cryptocurrencies.

The circulating supply of UNI is the number of UNI tokens that are currently in circulation. This number is constantly changing, as new UNI tokens are created and old UNI tokens are burned. The circulating supply of UNI can be found on the Uniswap website, or on any number of cryptocurrency data tracking websites.

As of January 1, 2023, the circulating supply of UNI is 751,279,578 UNI. This number represents approximately 75% of the total supply of UNI, which is 1 billion UNI. The remaining 25% of the UNI supply is held in reserve by the Uniswap Foundation.

The circulating supply of UNI has a significant impact on the price of UNI. The higher the circulating supply, the more UNI tokens are available for purchase, which can lead to a decrease in the price of UNI. Conversely, the lower the circulating supply, the fewer UNI tokens are available for purchase, which can lead to an increase in the price of UNI.

The Uniswap Foundation has a number of mechanisms in place to control the circulating supply of UNI. For example, the Uniswap Foundation can burn UNI tokens to reduce the circulating supply. The Uniswap Foundation can also release UNI tokens from its reserve to increase the circulating supply.

The circulating supply of UNI is an important factor to consider when investing in UNI. Investors should be aware of the circulating supply and how it is likely to change over time. Investors should also be aware of the Uniswap Foundation's plans for the circulating supply of UNI.

Additional Information

The circulating supply of UNI is not the same as the total supply of UNI. The total supply of UNI is the total number of UNI tokens that have been created. The circulating supply of UNI is the number of UNI tokens that are currently in circulation.

The circulating supply of UNI is constantly changing, as new UNI tokens are created and old UNI tokens are burned. The total supply of UNI is not changing.

The circulating supply of UNI is an important factor to consider when investing in UNI. Investors should be aware of the circulating supply and how it is likely to change over time.

2025-02-25

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