Bankless

$UNI announced from Uniswap - $1,200 of UNI Airdropped to YOU!

Sep 17, 2020
This discussion reveals the exciting launch of the Uniswap token, $UNI, and its significant airdrop of 400 tokens worth $1,200 to early users. The speakers dive into the token's fair allocation—60% to the community—contrasting it with previous DeFi projects. There's an exploration of how soaring Ethereum gas prices are a side effect of the token rush. The show also provides insights on liquidity mining and the evolving role of governance tokens in the Uniswap ecosystem, making it a must-listen for crypto enthusiasts.
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ADVICE

Claim UNI & Gas Costs

  • Claim your UNI tokens if you used Uniswap before September 1st.
  • Gas prices are high due to demand, so factor that into your decision.
ANECDOTE

Claiming UNI Live

  • David Hoffman demonstrates claiming 733 UNI tokens live on the podcast.
  • This includes 400 for trading and 333 for providing BAP token liquidity.
INSIGHT

UNI Valuation

  • Uniswap's $3 billion valuation may seem high, but its P/E ratio is low compared to tech companies.
  • It generates more fees than Bitcoin, suggesting potential undervaluation.
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