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
Cardano Whales Slide as ADA Price Faces Potential Death Cross
Cardano’s momentum fades as bearish indicators emerge, including a negative BBTrend, unstable whale behavior, and death cross risk.
Sonic Token Drops 15% Amid Wintermute Exit and Whale Activity
Sonic's token has fallen over 14% in a week, with observers questioning whether recent whale activity signals deeper market instability.
Pi Network Faces Insider Sell-Off Claims After 50% Price Crash
The controversy deepened after Pi’s Consensus 2025 appearance, where instead of a mainnet launch, the team revealed a $100 million ecosystem fund.
XDC Network Price Prediction 2025-35: Will It Hit $10 by 2035?
Trending news
MoreCrypto prices
More
