Markets News Report
November 30, 2022

Uniswap adds NFTs to the platform and airdrops $5M USDC to selected users

In Brief

Uniswap adds NFT management to the platform

The platform will airdrop $5 million USDC to users that used Genie

Uniswap also offers gas rebates to the first 22,000 customers

Uniswap launches NFTs on its platform, replacing the NFT marketplace aggregator Genie. Starting today, users can manage their NFTs in addition to ERC-20 tokens. 

Notably, the platform already supports several well-known NFT marketplaces. Among these are OpenSea, Foundation, X2Y2, LooksRare, Larva Labs, X2Y2, Sudoswap, NFT20, and NFTX.

To celebrate the launch, the company will airdrop over 5 million USDC to users that have previously used Genie, acquired by the company earlier this year. 

There are two tiers of airdrop recipients. Customers that completed more than one transaction before the snapshot, which was taken on April 15, will receive $300. Users that held the Genie: Genesis NFT before the snapshot time will receive $1,000. 

In addition, Uniswap will also offer gas rebates to the first 22,000 customers that will trade NFTs using the platform. It’s worth noting that the platform is powered by the Universal Router contract, which helps users save numerous gas units. Generally speaking, Uniswap enables users to save up to 15% on gas fees when purchasing NFTs across marketplaces. The offer is available through December 14 and is claimable starting from January 16. 

“Launching NFTs on Uniswap is our first step in building more interoperable experiences between the two,”

states the company’s announcement
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About The Author

Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related. Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities. You can contact her at [email protected]

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Valeria Goncharenko
Valeria Goncharenko

Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related. Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities. You can contact her at [email protected]

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