Post
Topic
Board Altcoin Discussion
Topic OP
[Xangle] DEX gets some CEX. Uniswap (UNI) listing on Binance!
by
Xangle
on 17/09/2020, 03:13:17 UTC

Uniswap, the leading decentralized exchange (DEX), publicly announced its UNI governance tokens. Shortly after, Binance announced its UNI listing (https://xangle.io/project/UNISWAP/recent-disclosure/5f62c051a25698e689a36364): taking place soon at 03:00 UTC.

Other centralized exchanges (CEX) soon followed suit (OKEx, Huobi, and more).

As a DEX, Uniswap is an automated market making protocol where liquidity providers enable trades of various ERC-20 pairs.

Uniswap announced a major airdrop:

All users that interacted with Uniswap and its contract before September 2nd is eligible for 400 UNI airdrops. Anyone that supplied liquidity will be issued additional amounts.

Price movement is volatile, and 400 UNI once stood at $1244 USD:

A total of 1 billion UNI is planned (fixed cap), so this would take its total market cap to 3 billion USD. Please keep this in mind when trading UNI.

Here's the link for airdrops: https://app.uniswap.org/#/swap (https://app.uniswap.org/#/swap):

Please watch out for exorbitant gas fees, everyone’s lining up for UNIs!