Shillbo’s Plays Using Free UNI Beyond Buying and Selling
First of all, congratulations for having the wherewithal to be in the position to achieve free UNI. I say achieve because you earned it, like a scout badge or a purple heart on the frontlines of DeFi. If you were really grinding in the DeFi space, you most likely had multiple wallets and so doubly or perhaps triply came your reward. Now, what to do with it?
Providing Liquidity UNI/ETH
When I first added the token to my MetaMask, curious as to what “this whole UNI thing” was about, I had no idea it was going to be worth so much. $1,100 gleamed surreally in the reflection of my eye. I texted the only non-virtual companion I have in this space something to the effect of “WTF?! $1,100? Do I sell?”. Gwei was probably ramping up toward 270 at the time, but I put in the order and traded for $ETH. I believe it was a little over 2.5 ETH at the time. No regrets.
Luckily, I happened upon another 401 UNI tokens in my Coinbase wallet and I was a little less reactionary this time. After I saw the price peak around $7.82 and begin to find a correction, I considered a new strategy. I didn’t want to sell all of my UNI because it’s cute and I like cute things, especially when they are worth a lot of money. I personally missed out on YFI, so I have a little post-traumatic FOMO disorder and think…
