Following positive signals from the US Federal Reserve, Uniswap announced the raising of $165.5 million to support its development.
Uniswap Funding Programs
Uniswap has raised $165.5 million resulting from community votes on two new governance proposals. According to the plans, $95.4 million will be directed towards grants in the Uniswap Foundation fund, $45 million for liquidity incentives, and $25.1 million will be spent on operational expenses over the next two years.
The New Fee Model
One of the most important aspects of the approved decisions was the long-awaited fee model change. For the first time, a portion of the fees will be passed on to UNI token holders, a move supported after several unsuccessful attempts to implement similar changes.
Market Reaction and Outlook
The UNI price surged by 10% following approval of the fee-swap model, allowing token holders to earn a share of protocol fees. Uniswap's open interest also increased by 17.69% to $196.96 million, reflecting growing investor optimism.
These changes highlight Uniswap's commitment to strengthening its market position by supporting innovation and attracting an engaged investor community.
