Uniswap’s Distribution Is Built on Something That Can’t Be Forked: Actual Users

www.coindesk.com

“I think that Uniswap is one of the premier DeFi decentralized finance protocols, and its token is as well,” Sam Bankman-Fried, CEO at Alameda Research, told CoinDesk via email. Last night, the top automated decentralized exchange, Uniswap, dropped a share of its new governance token to everyone that had ever used it, even those whose transactions had failed.

The token is likely to kick off a fresh new boom in liquidity mining, the practice of rewarding crypto denizens who supply a protocol with funds it can use with a new token on top of whatever transaction fees they earn. Svanevik told CoinDesk he was able to identify several wallets in the top 50 UNI claimer list, including those controlled by Aave, the money market; Kleros, a dispute resolution project; UMA, a synthetic token platform; and, notably, the SushiSwap MasterChef contract.The second highest UNI claimed by any smart contract was one owned by the payment service for adult performers, SpankChain, which first started experimenting with Uniswap in November 2018.

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