Uniswap Price in India (UNI)

Uniswap (Uni), a governance token for Uniswap, allows holders to participate in important decisions regarding treasury usage, protocol governance, and possible future upgrades. Built on Uniswap, a popular Decentralized Exchange (DEX), the platform provides an automated liquidity service to facilitate the easy exchange of ERC-20 tokens.

About Uniswap 

Hayden Adams – a former engineer at Siemens is credited as the founder of Uniswap, which came into operation on November 8, 2018. Their governance token (UNI) was launched at a later point of time in September 2020. To date, only 50% of the total UNI tokens are circulating in the market. Andreessen Horowitz, Paradigm Venture Capital, and Union Square Ventures LLC are some of the Venture Capitalists that have invested in Uniswap.

• Uniswap (Uni) is an ERC-20 token compatible with the Ethereum blockchain. 
• It works on the ‘Proof-of-Concept’ consensus algorithm.
• It has a market capitalization of over $11 Billion that makes it one of the Top 15 cryptocurrencies in the world.
• People holding Uniswap (Uni) can vote in the governance protocol.

Uniswap (Uni) has shown an ROI of over 600% that makes it a lucrative buy. If you are looking to buy a Uniswap cryptocurrency, then you can check for third-party cryptocurrency exchanges like Coinswitch Kuber.

• Staking Tokens: Locking some of your Uniswap tokens in the liquidity pools will help you in earning extra tokens.

• Online Payments: Uniswap coins can be used to make payments at international stores.

• Investment: The returns on the Uniswap (Uni) have shown a positive growth that makes it a perfect investment for good returns.

• International Transfers: Transfer funds internationally using Uniswap interface.

Pros

• Governance Rights: The Uniswap (Uni) token holders can vote on internal development decisions.  
• Yield farming: People can earn Uniswap (Uni) tokens by stacking them in liquidity pools.
• No-Liquidity problems: The native ecosystem, Uniswap, is not just a DEX but also solves liquidity problems.  
• Airdrops: People are eligible for airdrops (Uni tokens) as they use the services of Uniswap.

Cons

• Decision Powers: The people in power can modify or change the decisions in the governance protocol as only 60% of tokens are left for the community.
• Early Implementation: The Uniswap (Uni) has not even been completed a year to date and it would be a little early to comment on the future upgrades planned by the company.

• You can start investments and trade with just Rs.100.
• Allows instant withdrawal and deposit directly to bank accounts. 
• Trade-in Uniswap (Uni) at zero fees.
• Intuitive and straightforward UI.
• Easily track your transactions and manage your portfolio.

The Uniswap (Uni) cryptocurrency will be distributed according to the set release schedule by the company. Previously, 400 UNI tokens were airdropped to selected users who have tried Uniswap’s services.