The Uniswap Foundation grants $1.2 million to Auditless to create the Protocol Grants Program
ChainCatcher message, the Uniswap Foundation announced on platform X a grant of $1.2 million to Auditless to support protocol innovation. Auditless will receive funding for at least one year and will form a team to achieve its goals.
With this grant, Auditless will create and operate the Protocol Grants Program, aimed at further creating value for all stakeholders by reducing execution costs and delays, and by exploring other opportunities to improve the core user experience of the protocol.
The outcomes of Auditless's work will be protocol upgrades or complementary layers of the protocol stack, and it will also explore future opportunities for protocol expansion and improvement, which may extend to token issuance, routing, lending, and more.