Uniswap Foundation: In the first quarter, it held a total of 41.41 million US dollars and stable coins and 730,000 UNI
PANews reported on May 26 that the Uniswap Foundation officially announced its unaudited quarterly financial report as of March 31, 2024. In this quarter, it held a total of 41.41 million U.S. dollars and stablecoins (approximately 40.47 million U.S. dollars, 750,000 DAI, 180,000 USDC) and 730,000 UNI. Fiat currency (USD) and stablecoins will be used to fund and operate activities, and UNI will be used for employee token rewards. Funds are expected to be available through the end of 2025, with allocations as follows: Grant Commitments and Incentives: $25.77 million will be awarded in 2024 and 2025. $2.94 million will be used in previously committed grants to be released. The remaining $12.7 million will be used to cover operating expenses until the end of 2025.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Is Trump Pro-Crypto? Only One-Third of Australians Think So

Bitcoin’s Next Major Top Projected for February 2026
The Pi Cycle Top Indicator signals a potential Bitcoin peak in February 2026, with a projected price of $258K per BTC.Understanding the Pi Cycle Top IndicatorWhat This Means for Investors

M2 Global Liquidity Rises Again: Will Alts Follow
M2 global liquidity is rising again after peaking in Dec 2024. Will altcoins start catching up soon? Here's what to expect.Altcoins Lag Behind But May Soon Catch UpWhat to Expect Next?

Bitcoin & The Everything Bubble: Why Smart Investors Are Buying
As the Everything Bubble crashes, Bitcoin is set for a fast recovery. Here’s why investors like Robert Kiyosaki are buying the dip.Why Bitcoin Will Recover FirstWhat’s Your Post-Crash Plan?
Trending news
MoreCrypto prices
More








