• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Uniswap Launches $165.5 Million Initiative for Ecosystem Development

user avatar

by Giorgi Kostiuk

a year ago


The Uniswap community has approved two crucial governance proposals focused on driving the growth of the Uniswap ecosystem. These include Ethereum layer-2, Unichain, the Uniswap v4 protocol, and the introduction of liquidity incentives, supported by a $165.5 million funding package.

Introducing New Proposals

The approved governance decisions are part of the Uniswap Unleashed plan, a strategy designed to accelerate the adoption of the newly launched Unichain and Uniswap v4. The main goal of these proposals is to ensure scalability, enhance capital efficiency, and attract new users while supporting developer innovation.

Expanding the Uniswap Ecosystem

The total budget of $165.5 million was approved and allocated as follows: $95.4 million for Uniswap Foundation grants, $45 million for liquidity incentives, and $25.1 million for operational expenses. These funds will be strategically allocated to foster the growth of Uniswap v4 and Unichain.

Features of Uniswap v4 and Fee Switch

The approval of these proposals has also laid the groundwork for the activation of the long-discussed fee switch. This mechanism will allow a portion of fees generated by liquidity providers to be redirected to UNI token holders.

The approval of the $165.5 million funding package marks a pivotal moment for Uniswap, highlighting its continued growth and innovation in the decentralized finance space.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Hyperliquid Policy Center Supports CFTC's Regulatory Plans for Perpetual Derivatives

chest

The Hyperliquid Policy Center supports the CFTC's regulatory plans for crypto perpetual derivatives, aiming to shape clear rules for decentralized markets.

user avatarTando Nkube

CFTC Chair Mike Selig Announces Plans for Onshore Crypto Perpetual Futures

chest

CFTC Chair Mike Selig announces plans for a regulatory framework to allow crypto perpetual futures trading onshore in the US.

user avatarKofi Adjeman

Investigators Uncover Alleged Payment Requests in LIBRA Case

chest

Investigators reveal that lobbyist Mauricio Novelli played a central role in the LIBRA affair, with allegations of payment requests surfacing.

user avatarNguyen Van Long

Bitcoin Long-Term Holders Show Easing Selling Pressure

chest

Recent data indicates that Bitcoin long-term holders are experiencing a rise in netflow, suggesting a decrease in selling pressure.

user avatarSatoshi Nakamura

Forced Selling and Margin Calls Intensify South Korea's Stock Market Decline

chest

Retail investors face significant losses as margin calls and forced selling contribute to the market's downturn.

user avatarJesper Sørensen

Bitcoin's Sharpe Ratio Declines, Indicating Poor Risk-Adjusted Performance

chest

Recent analysis shows Bitcoin's Sharpe Ratio has moved into negative territory, indicating a decline in risk-adjusted performance.

user avatarRajesh Kumar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.