Uniswap Airdrop - I Just Made $1,500 USD
Uniswap GFX

Uniswap Airdrop - I Just Made $1,500 USD

By Thomas Wolf | wickedthewolf | 4 Oct 2020


I visited airdrops.io this morning to be presently surprised with the news that Uniswap is doing another airdrop, and I qualified right away.  I suspect many people have and will continue to as I don't use that wallet for much; a little Delta pooling and a few LRC/DAI transactions with barely any ETH being held!

Qualifying wallets had screenshots taken on September 1st.  I did not know that when I wrote this article, but I wanted to include that to help people avoid confusion.  If you have a MetaMask wallet that is active on Uniswap, even with failed exchanges, you may qualify for the same amount.

The airdrop grants 400 UNI tokens to active users who simply connect their ETH wallet to Uniswap.  I used my STA-Project Metamask wallet which isn't holding much at the moment, and immediately saw that I was eligible:
UNI1

The claim process was simple and fast.
UNI2

The only kicker to this airdrop is that it requires a little ETH gas to claim them, as it costs ETH gas to send them.  For me, it was exactly $2.13 USD (I likely could/should have adjusted gas/gwei, but didn't feel like waiting) and that is NOTHING for 400 tokens that instantly make you $1,450+ USD.

I converted a few dollars worth of Bitcoin to Ethereum on Coinbase and sent it to my MetaMask wallet, and then claimed my UNI:
UNI3

The transaction only took 2 minutes and 39 seconds to process and upon success, It had a nice splash image (too fast to screenshot, unfortunately!) which shows that I successfully obtained my 400 UNI Tokens.  The entire process was under five minutes:
UNI4

Here is my Etherscan transaction hash for validation:
https://etherscan.io/tx/0x54991a32b467569aa74b1c82dc3f41de1339852f20f4c33ab9d5e4a2c42057d7

I recommend you get on top of this if you don't mind throwing a little ETH gas into a qualifying wallet.  It's rare to see instant results (especially this large) in an airdrop, but I guess that's what you are paying for with the Ethereum gas.

Regardless, Uniswap is now supported on Binance, Coinbase, KuCoin, Huobi & OKEx and is growing in popularity.  It's not my favorite platform, but I will sure as hell make some money off of it!

The current mid-market price is $3.76 per token.  At 400 tokens, that is $1,504 USD.

I was able to exchange my 400 UNI for 6,734.14 BAT at a current value of $1,477.48 while BAT is in a dip at 0.22c USD.  I am mind blown that I didn't catch this sooner - I was sick and in quarantine:

PROOF1

And after I sent it from MetaMask to Coinbase:
PROOF2

Here's the transaction hash:
https://etherscan.io/tx/0x82f468a9cc62cde582157358b325263a4c2beed76a8ed394fcf741fe180d5bf2

It only cost me about $12 in ETH or less to claim, exchange, and send back to Coinbase and I deliberately used high gas fees to avoid any failed or delayed transactions.

This is the most I have ever made in a single transaction.  And of course, I will wait for BAT to rise before I sell and make even more!



Here is a link to Uniswap's analytics which shows it's in a dip during the airdrop but still holding a decent value.

I hope everyone is staying safe during these trying times.  My heart goes out to anyone who is struggling; this should no doubt help those that qualify!

Stay safe & Stay healthy!

-Thomas Wolf


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Thomas Wolf
Thomas Wolf

I am a cryptocurrency advocate, a STEM undergraduate student, a nature enthusiast, a survivalist, a DIY specialist, and I'm a little crazy at times.


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