According to BlockBeats, on September 17, according to a post by on-chain analyst Yu Jin Yu X, the on-chain chips analysis of UNI, which has entered a fully circulated state: In September 2020, UNI was issued and listed. The team/investors/advisors and the community treasury received a total of 83% of UNI (830 million pieces), and these UNIs have a four-year unlocking cycle. Now that four years have passed, these UNIs have been unlocked and become fully circulated tokens. The issuance and distribution of UNI are as follows:
LP staking rewards 2% (liquidity mining allocation from September to November 2020); early user airdrops 15%; community treasury 43% (4-year unlocking cycle); team/investors/consultants 40% (4-year unlocking cycle).
The 17% belonging to LP mining + airdrops have all been circulated at the beginning of the launch, so you only need to look at the community treasury and team/investors/advisors.
Community Treasury (43%): The Community Treasury has an allocation of 430 million UNI, all of which have been unlocked. The number of UNIs held by the Community Treasury address is currently 399,789,850, which means that the total amount of UNIs that have flowed into the market from the Community Treasury in the past four years is 30,210,150.
Team/Investors/Advisors (40%): The community treasury has 400 million UNIs allocated, all of which have been unlocked, of which 58,164,177 UNIs have flowed into the market. Because the top six addresses (a16z, etc.) have basically not sold any, the sales ratio is not high.
Summary: UNI has been fully unlocked, with a circulation rate of 100% (1 billion). However, since the community treasury and team/investors/consultants who own most of the chips have not sold many (88.37 million), most of the unlocked chips have not been sold yet, so the actual circulation of UNI is currently around 258.3 million (25.83% of the total).
