Uniswap Foundation requests $62.37M to fund ecosytem growth
Uniswap Foundation is requesting for $62.37 million to support growth of the Uniswap ecosytem. An on-chain vote on the foundation’s proposal will be taken on Wednesday, October 4, 2023. The Uniswap Foundation has submitted a governance proposal request ing for $62.37 million funding as it looks to continue supporting the Uniswap’s ecosystem growth . Uniswap Foundation eyes $62.37 million funding Today’s proposal follows last year’s request that asked for $74 million in funding to create the Uniswap Foundation. A governance vote granted the proposal, with funds split in two tranches as had been request ed. At the time, the idea was that the second of the tranches would be request ed via an on-chain vote – which is what the UF has done. “ The reason for breaking our funding into two tranches was to allow for the UF to finalize the completion of its legal entity, and to formally receive non-profit 501(c)4 status from ...