Uniswap’s airdrop of 400 UNI tokens in Sep. 2020 has paid off handsomely for users that keep holding, as their value is now over $5700 as of Jan. 28.

• Uniswap airdropped 400 UNI tokens to users who had used the platform until that point
• The launch of fork SushiSwap, which occurred a few weeks prior, accelerated the launch of UNI
• The token reached its ATH price of $15.50 on Jan. 27, making it worth $6,200; at current prices, it is worth ~$5,776
• It only took two days after launch for the UNI token to have the third-highest market cap among DeFi tokens
• Following the distribution, the governance community made two proposals, both of which failed; one to retroactively drop UNI tokens to those who used Uniswap via third-party apps and the other to lower proposal submission and quorum thresholds
• Since its launch, Uniswap has gone onto become the most popular DEX on the market, with over 109,000 unique traders -- with 1inch trailing far behind with 15,000 traders