Uniswap Foundation: As of Q2, it holds $36.81 million in stablecoins and 680,000 UNI
2024-08-07 00:02
Odaily News According to official news, the Uniswap Foundation released a quarterly financial summary (unaudited) as of June 30, 2024: As of June 30, 2024, the Foundation held $36.81 million and stablecoins, and 680,000 UNI (calculated in UNI). Fiat (USD) cash and stablecoins will be used for grants and operational activities, and UNI will be used for employee token rewards. It is expected to support its operations until the end of 2025, with the following specific uses: Grants commitments and rewards: A total of $26.12 million was allocated to grants. The $22.46 million committed in 2024 and 2025 and the $3.66 million previously committed will be used for payment. The remaining $10.69 million will be used to fund operating expenses until the end of 2025. In Q2 2024, the Foundation committed $3.22 million in new grants and paid $2.48 million in committed grants.
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