UNI Token

What is UNI Token?

UNI is the native governance token of UniSwap, the largest decentralized exchange. There is a 1 billion unit maximum supply for the UNI token. The project's four-year vesting schedule means that all the supplies will have been used by 2024. To ensure network participation once this period is over, the UNI token will have an ongoing inflation rate of 2%. Beginning in September 2024, this inflation rate will be applied annually. Among other things, the constant inflation rate is intended to deter passive investors.

You can purchase or swap UNI tokens for fiat money, other cryptocurrencies, etc. from platforms like Coinbase, UniSwap, Huobi, and Binance. You acquire the governance rights as a UNI holder to take part in voting for choices affecting the platform's evolutionary course. The increasing value of DEX will eventually benefit UNI owners as well.