Post
Topic
Board Altcoin Discussion
Re: UNISWAP (UNI) is driving me CRAZY!!
by
YNINJA
on 18/09/2020, 18:50:18 UTC

You received 400,000 UNI. You didn't get that from airdropped but accumulated it. I'm about to trade it too but I'm having 2nd thoughts for it just started, tradingview chart won't even display any indicators to it so I'm just holding on. I'm interested to know how much dividends I will get upon staking it.


You cannot earn UNI by staking UNI.. But you can earn UNI by providing liquidity on Uniswap to 4 different pools for the next 59 days.

https://app.uniswap.org/#/uni (You need to connect your wallet to see the pools)

Liquidity Mining

An initial liquidity mining program will go live September 18 2020 12:00am UTC. The initial program will run until November 17 2020 12:00am UTC and target the following four pools on Uniswap v2:

ETH/USDT

ETH/USDC

ETH/DAI

ETH/WBTC

5,000,000 UNI will be allocated per pool to LPs proportional to liquidity, which roughly translates to:

83,333.33 UNI per pool per day

13.5 UNI UNI per pool per block

These UNI are not subject to vesting or lock up.

After 30 days, governance will reach its vesting cliff and Uniswap governance will control all UNI vested to the Uniswap treasury. At this point, governance can vote to allocate UNI towards grants, strategic partnerships, governance initiatives, additional liquidity mining pools, and other programs.

You can read more in detail about all this here: https://uniswap.org/blog/uni/