Analysis: Uniswap (UNI) Circulating Supply Fully Unlocked
CryptoNewsTerminal Staff16 Sep, 2024
Analysis: Uniswap (UNI) Circulating Supply Fully Unlocked
Uniswap (UNI) was launched in 2020, with 83% of the total supply allocated to the team, investors, advisors, and community treasury. These tokens were subject to a four-year vesting period, which has now expired, meaning that all of these UNI are now fully circulating. However, it's important to note that only 25.83% of the total UNI supply is actually circulating. This is because 17% of the supply was distributed to liquidity providers and airdropped at launch. As a result, the actual number of UNI in circulation is only about 258,300,000. This has implications for the price of UNI, as it means that the circulating supply is now much lower than previously thought. This could lead to increased demand for UNI and a potential price increase. However, it's important to note that the market is complex and many factors could affect the price of UNI in the future.
