As of Q3, the Uniswap Foundation held $33.83 million in stablecoins and 610,000 UNI

Odaily News According to official news, the Uniswap Foundation released the Q3 financial summary (unaudited) as of September 30, 2024: As of September 30, 2024, the inventory held $33.83 million and stablecoins, and 610,000 UNI. Fiat currency (USD) cash and stablecoins will be used for grants and operational activities, and UNI will be used for employee token rewards. The operational runway is expected to last until the end of 2025, with the following specific uses: Grant commitments and incentives: A total of $24.72 million was allocated for grants. $17.33 million will be committed in 2024 and 2025, and $7.39 million is reserved for previously committed grants to be issued. The remaining $9.11 million will be used to fund operating expenses until the end of 2025. In the third quarter of 2024, the Foundation pledged $5.32 million in new grants and issued $1.49 million in committed grants. As of September 30, 2024, $12.66 million has been committed and $6.78 million has been disbursed.