A one-minute explainer: What can governance tokens actually be used for?
In September 2020, Uniswap issued UNI and distributed 400 UNI to every address that had previously used the protocol.
Voting power is based on the amount of tokens held. If the project team, early investors, and large holders own a high proportion, governance can easily become concentrated in a few addresses.
$UNI is Uniswap’s governance token. Holders can vote on protocol proposals. Current price: 7.109.
Markets are always full of surprises, so decide in advance what you’ll do if your judgment turns out to be wrong.
In September 2020, Uniswap issued UNI and distributed 400 UNI to every address that had previously used the protocol.
Voting power is based on the amount of tokens held. If the project team, early investors, and large holders own a high proportion, governance can easily become concentrated in a few addresses.
$UNI is Uniswap’s governance token. Holders can vote on protocol proposals. Current price: 7.109.
Markets are always full of surprises, so decide in advance what you’ll do if your judgment turns out to be wrong.
