The Uniswap Foundation grants approximately $1.8 million to 14 projects

2022-09-22 09:58:46
Collection

Chain Catcher news, the Uniswap Foundation is disbursing the first wave of its grant program, totaling approximately $1.8 million across 14 grants. Some of these grants were awarded months ago, while others were recently approved after the establishment of the Uniswap Foundation.

The donations are distributed across three categories: protocol growth (Decentralized Volatility Oracle, Uniswap Diamond: Open Source API & SDK, Uniswap Diamond: Pro Interface, Numoen, Uniswap.fish, Uniswap data extraction tool), community development (Uniswap v3 Development Course, DeFi LATAM, DeFi Africa, Phi, Ignition Hacks 2022), and governance management (Holdim, Governance Decentralization Benchmarks and Tracker, Recognized Delegation Program Research and Development).

Previously reported, in August, former Uniswap Labs members proposed the establishment of the Uniswap Foundation to develop the ecosystem, while requesting a budget of $74 million, of which $60 million is for expanding the grant program and $14 million for operational expenses. (source link)

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
ChainCatcher Building the Web3 world with innovators