Cryptocurrency Q&A
What is the uni token used for?
What is the uni token used for?
CryptoWanderer
Fri Nov 15 2024
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6 answers
1436
I'm curious about the UNI token. I want to know its purpose and what it's commonly used for. Can someone explain the utilities of the uni token?
6 answers
BonsaiStrength
Sun Nov 17 2024
This mechanism allows for active participation from the larger holders in shaping the direction of the Uniswap protocol.
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Arianna
Sun Nov 17 2024
The UNI token serves a specific purpose in the Uniswap ecosystem.
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henry_grayson_lawyer
Sun Nov 17 2024
It is intended for use in the governance of the Uniswap protocol in the future.
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CryptoMercenary
Sun Nov 17 2024
UNI holders who possess 1% or more of the total UNI supply are granted the privilege of submitting development proposals.
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KatanaSharpened
Sat Nov 16 2024
On the other hand, any UNI holder, regardless of the quantity they hold, is eligible to cast their vote on these proposals.
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