
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 allocationâ60% to the communityâcontrasting 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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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.
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.
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.
