Uniswap has successfully launched its much anticipated UNI tokens. Soon after the launch, the news went viral like a wildfire and within no time Uniswap recorded at least 13,000 DeFi users who have acquired UNI coins. The UNI coins have now been went live in the Ethereum network today.
Uniswap made the announcement through its official twitter account where thousands of its community members as well as the members from the general public lauded the Uniswap’s initiative as a result of which thousands of likes were garnered by Uniswap in less than one and half hour.
Around 150 million UNI tokens are now easily available to DeFi users who can easily get their hands on them if they have been in the use of the platform. Mr. Kain Warwick who is the founder of Synhetix, has termed the initiative of Uniswap as “galaxy brain move” which means that the tokens have been launched at the perfect moment and resultantly the move enabled Uniswap to see a surge of users more than 13,000 in one single day. Mr. Warwick also said that the current token offering schemes is going to the best ever scheme in the crypto-based assets industry and will extremely benefit Uniswap in the coming future by taking it to the next level.
According to reports, it has been noticed that from the moment the tokens were made available and after passing of at less than four hours, 400 free tokens have been accordingly acquired by DeFi users. Due to this huge surge, for the time being, the Ethereum networking is undergoing a difficult time because the network is overburdened. However, the surge has helped the Ethereum network to get huge amounts of fees wherein for about four hours approximately US$ 650,000 have been paid for Uniswap and UNI gas alone.
Soon after the announcement of UNI tokens, Binance, which is currently the largest crypto exchange firm, could not hold it for long and immediately announced that it will too list out the UNI tokens. This is maybe because it listed out SushiSwap very recently for which the crypto exchange was heavily criticized within and outside the crypto industry.
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