UNI Is Now Listed on WePiggy, pUNI Mining Pool Is Enabled!

WePiggy.com
2 min readFeb 6, 2021

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About UNI

Risk Assessment

UNI is the governance token of Uniswap Protocol, the DEX with the highest volume.

UNI Smart Contract Risk: B-

The UNI token is audited and has been impressively battle tested, nearly 1.5 million transactions, for such a short life. The smart contract uses some of COMP’s token code which has been tested by the markets.

UNI Counterparty Risk: B+

UNI is a permissionless token launched in some of the fairest ways witnessed. The Uniswap team, which has an impressive track record, will be giving up power over the protocol gradually over the next months.

UNI Market Risk: B-

The UNI token has been really well received by the community. The price quickly increased from nothing then falling back down 50%, and now it has reached a new high, with high volatility. The market capitalization now is ranked as TOP 15.

UNI Market Overall Rating: B

Risk Parameters

Borrow&Deposit Rate Curves

Mining Pool Adjustment

According to the deposit/borrow incentive factor: 4/6, so the BorrowPool weight is 7950.

The weight for each asset in BorrowPool as follow:

For Users Who Still Have UNI In Previous Mining Pool

After the launch of UNI, referring to the migration method of aToken, click: Mining Pool Migration → Select “UNI”, to enter the UNI migration interface.

Alternatively, you can unstake UNI in the previous UNI mining pool, deposit UNI in the lending market to get the pUNI token, then stake pUNI in the new pUNI mining pool.

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WePiggy.com
WePiggy.com

Written by WePiggy.com

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