According to TechFlow, on September 17, on-chain analyst Yu Jin released an analysis of the UNI on-chain chips that have entered full circulation. Uniswap's governance token UNI has been fully unlocked, but the actual circulation is only 25.83% of the total. UNI was issued and listed in September 2020, of which 83% of the tokens (830 million) were allocated to the team, investors, consultants and community treasury, with a 4-year unlocking period.
According to analysis, of the 430 million UNIs obtained by the community treasury, only 30.21 million have flowed into the market. Of the 400 million UNIs obtained by the team, investors, and consultants, 58.16 million have flowed into the market. The total amount of UNIs flowing into the market from these two parts is about 88.37 million.
UNI tokens are distributed as follows: 2% for LP staking rewards, 15% for early user airdrops, 43% for the community treasury, and 40% for the team, investors, and consultants. Among them, the LP mining and airdrop portions (17%) were all circulated at the beginning of the launch.
It is worth noting that the top six addresses (such as a16z, etc.) have basically not sold their UNI holdings, which has led to a low overall sales ratio. Currently, the actual circulation of UNI is about 258.3 million, accounting for 25.83% of the total.
