What is the total supply of uni coin?

One key aspect of UNI is its limited supply, which is designed to maintain scarcity and potentially drive up its value over time. The total supply of UNI tokens has been capped at 1 billion units, ensuring that there will never be more than this amount in existence.

This fixed supply mechanism is a common practice among cryptocurrencies, as it helps to prevent inflation and maintain the stability of the token's value. By limiting the number of UNI tokens in circulation, Uniswap is ensuring that each token holds significant value and is a sought-after asset in the cryptocurrency market.

In addition to its role in governance, UNI tokens also serve as a means of incentivizing users to contribute to the platform's ecosystem. For example, liquidity providers on Uniswap can earn UNI tokens as a reward for their contributions, further encouraging the growth and adoption of the platform.

Uniswap, a decentralized exchange (DEX) platform, has introduced its governance token known as UNI. This token plays a pivotal role in the governance structure of the platform, allowing holders to participate in decision-making processes and shaping the future of Uniswap.

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