The Uniswap Foundation publishes a summary of its annual operations ending December 31, 2023. The Foundation holds $45.26 million and stablecoins, as well as 780,000 UNIs. Dollar cash and stablecoins will be used for grants and operational activities, and UNIs will be used for employee token awards. Grant commitments and liquidity mining, $30 million will be paid in 2024 and 2025.
In 2023, the Foundation committed to an additional $2.93 million in grants and paid $3.16 million in pledged grants. In 2023, the Foundation received $43.41 million in contributions from the DAO and spent $3.56 million in operating expenses.
Uniswap Foundation 2023 Operational Status: 780,000 UNI, 45.26 million USD and stablecoins
2024-05-03 22:19:48
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