What are the roles of UNI tokens?

Modified on Sat, 18 Feb 2023 at 05:49 PM

UNI is the governance token of the Uniswap platform which gives the holders the right to determine the future of Uniswap by voting or commenting on the referendum.

400 UNI tokens were distributed to the users of Uniswap via an airdrop on 17th September 2020. The total value of the first batch was around $1,500. The users can farm for more UNI tokens by staking other tokens to the platform to help support the liquidity.

Was this article helpful?

That’s Great!

Thank you for your feedback

Sorry! We couldn't be helpful

Thank you for your feedback

Let us know how can we improve this article!

Select atleast one of the reasons
CAPTCHA verification is required.

Feedback sent

We appreciate your effort and will try to fix the article