Easy way to Buy 
Uniswap(UNI) Online with Wigwam crypto app
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How to buy and hold UNI with Wigwam
1. Choose a token number that you want to buy
2. Create a wallet, where to store your crypto
3. Pay with credit card
4. Check your crypto in the created wallet
Why Wigwam is the best crypto wallet for Uniswap (UNI) storage
Ultimate security, only you have access to your Uniswap tokens
Send, Receive, Store your Uniswap tokens free and without limitations
Check the real-time value of your crypto tokens
Buy, Sell, Exchange Uniswap (UNI) directly in the wallet
Stake Uniswap (UNI) by connecting Wigwam to the popular DeFi dApps
No KYC or personal data collected
UNI token review
UNI is a cryptocurrency token that was issued on Ethereum and used as a governance token in the Uniswap protocol.
About Uniswap
Uniswap is one of the first decentralized exchanges that allow users to swap different ERC-20 tokens in a trustless manner on Ethereum, Arbitrum, Optimism, and other EVM-compatible blockchains.
One of the most important innovations that Uniswap introduced to the public was the Automatic Market Making model (AMM), which allows the creation of liquidity pools and conducting trades in these pools rather than finding direct buyers or sellers. By providing liquidity to these pools, users earn trading fees in return and use liquidity tokens in different mining programs organized by this DEX.
From the start, Uniswap became one of the most important protocols in the DeFi sphere and constantly introduced new features, such as optimized liquidity provision, enhanced trading features, etc.
UNI token use cases
- Governance. UNI holders can vote for protocol changes and direct the future protocol development
- Incentivization programs. UNI tokens can be used by the Uniswap team in different incentivization programs, including rewarding users who provided liquidity to the DEX (Liquidity mining) or encouraging participating users in other Uniswap products.
- Trading. The UNI token is listed on many popular exchanges, and it's the most popular token for trading on the Uniswap DEX.
UNI token economic review
UNI has a fixed total supply that is equal to 1 billion tokens; the current amount in circulation is 588 million tokens. The team planned to distribute all tokens in four years from its launch in September 2020. At the moment, the token's inflation rate is controlled by UNI holders through governance proposals.
Distribution
A significant portion (around 60%) of the initial supply was distributed among Uniswap users: traders and liquidity providers. 21.51% was reserved for the Uniswap team with a 4-year vesting period. 0.69% went to advisers, and 17.8% was transferred to the Uniswap treasury and used for development of the Uniswap ecosystem.
The token value depends on the Uniswap ecosystem health, governance decisions of the main token holders, marketing conditions, and possible new government regulations that might be applied to crypto in the future.
Disclaimer
This article is for informational purposes only and should not be interpreted as financial or investment advice. The views expressed herein represent solely the opinion of the author and are not intended to provide specific trading or investment recommendations. We do not guarantee the accuracy, completeness, or reliability of the information contained in this article. The cryptocurrency market is known for its high volatility and unpredictable fluctuations. Investors, traders, and anyone engaging with cryptocurrency are advised to conduct thorough research, consider a variety of perspectives, and acquaint themselves with applicable local regulations prior to making any investment decisions.
FAQ
UNI tokens can be purchased on various crypto platforms, including centralized exchanges like Binance, Bitfinex, or Coinbase. Also, install the Wigwam wallet and buy UNI in a few minutes with a credit card.
UNI doesn't have any official staking mechanism, but some DeFi platforms may provide options for staking UNI in exchange for rewards. However, before interacting with these dApps, conduct research about the risks of working in DeFi.
To track your wallet activities with UNI tokens, you should visit any Ethereum blockchain explorer and enter your wallet address to see all wallet activities, including operations with UNI tokens. The most popular option is Etherscan.io.
Open your wallet and look for an "Add token" button; click this button and enter information about the UNI token: Ethereum token smart-contract address: 0x1f9840a85d5af5bf1d1762f925bdaddc4201f984, the token symbol (UNI) and decimals (usually 18). Confirm your input.
There are a lot of risks involved in the process of buying and storing crypto, including UNI tokens. Some of them are Market volatility, regulations, technological risks, etc. Before making any investment, conducting thorough research and considering consulting with a financial advisor is crucial.
