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Binance immediately lists Uniswap’s new token as excitement mounts

Published 09/16/2020, 10:10 PM
Updated 09/17/2020, 08:20 PM
Binance immediately lists Uniswap’s new token as excitement mounts

Unfazed by the controversy over its Sushiswap listing, Binance announced support for Uniswap’s new UNI token around 90 minutes after the DeFi platform's governance token went live on Ethereum.

Over the next four years, one billion UNI tokens will be distributed, with 15% being immediately available for historic users of the platform to claim today. In total, 60% will go to community members, while the remaining 40% going to team members, investors, and advisors with a vesting period of up to 4 years. After four years, the token will settle at an inflation rate of 2% annually.

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