The top-ranked decentralized exchange (DEX) Uniswap has come closer to its second governance 5 million airdrop. On this second-ever governance proposal, the Uniswap community is continuously voting. This latest governance proposal will see the distribution of more than 5 million UNI tokens among users.
A total of 5.05M in UNI will be distributed to 12,619 wallet addresses
The distribution of tokens will start once the proposal is passed. Only those users will be able to get UNI tokens who have interacted with the Uniswap exchange through a third-party. Each user will be able to get 400 UNI tokens. There are 12,619 wallet addresses that will receive a total of 5.05 million UNI tokens. These addresses belong to the famous wallets including Rebalance, MyEtherWallet, Monolith, Argent, Furucombo, Dharma, Opyn, DeFi Saver, Eidoo, and Nuo.
It was the cryptocurrency lending and savings protocol Dharma that set forth this secondary governance protocol. The company said that in the initial distribution phase, its users were left out. Regarding the proposal, the company said:
“The Phase determination was made based on how easy it is to programmatically hook a trading bot into them, as this is a proxy for what portion of these cohorts risk representing multiple addresses per end-user.”
For passing this proposal, the governance proposal should need to reach 40 million in the quorum. In the last few hours, around 25.93 million have come in the favor of this proposal. The number of votes has increased by 25 percent. On the other hand, around 1.26 million votes are said to be not in the favor of this proposal. This shows that most of the chances are that the proposal will get passed. The final deadline for the closure of voting is set at 8:00 am UTC on October 31. Dharma intends to initiate another proposal if it is passed.
IOTA Price Prediction 2021-2025 | Can IOTA reach $5?
When is the Best Time to Sell my Gold?
Lloyds Australia’s Auction Marketplace Will Now Accept Bitcoin as Payment
Ripple Gains Access to SEC’s Internal Policy Documents as Court Rules in Favour of the Firm
Haru Invest Review
Recent Press Release
The Connection Between Cryptocurrency and Online Gambling
The tech innovations have brought revolutionary changes in every business and our society. Users can get access to various things...
An Apprentices Escort To Cryptocurrency Mining
Cryptocurrency is one of the most profitable and valuable market assets at a glance. Cryptocurrency is majorly availed by the...
A Complete Breakdown Of Crypto wallet For Android Devices!
Cryptocurrencies are subjected to an enormous amount of political freedom alongside anonymity. Every investor and participant in the crypto industry...
Ethereum’s Big Move
Table of Contents Ethereum shoots for the moonBitcoin’s on a rollercoasterRipple versus the SECRiding the crypto wave Whether you invest...
When to invest in forex trading
Investing in foreign currency has always provided unlimited opportunities for both traders and investors. While it’s beneficial to trade and...