Ethereum mempool download grows 35% after Uniswap governance tokens are released

According to the Etherscan observer, after the opening of applications for the Uniswap UNI control token, the number of pending Ether transactions increased by almost 35%.

Decentralized platform tonightannounced the launch of UNI, 1 billion of which will be released over the next 4 years. Although their distribution will begin on Friday, Uniswap announced that it has set aside 15% of its total supply to longtime users, partners and investors who are eligible to receive 400 tokens immediately per address.

As a result of short-term hype the number of pending transactions on the Ethereum networkper minute increased from 158 thousand to 213 thousand.In the first three hours after the announcement, more than 18 thousand transactions were sent to the address of the smart contract of the token, but only 13 thousand were processed. 650 Gwei, which is four times more than 152 Gwei.

Amid growing demand for the token, some of the leading crypto exchanges have already added it to the list of supported assets. At press time, UNI is trading at $ 3.2.

Uniswap recently also became the first decentralized exchange with over $ 1 billion in daily trading volume.