The Uniswap Foundation has released a funding proposal of $62.37 million and announced plans for future ecosystem development
ChainCatcher news, the Uniswap Foundation has announced its latest fundraising and future plans. Last year, Uniswap governance approved funding of $74 million for the Uniswap Foundation. The Uniswap Foundation today released a proposal to request a second tranche of funding as part of the total commitment of $74 million, plus a 10% buffer, totaling $62.37 million, with plans to conduct an on-chain vote on October 4. This tranche of funding will be used to support the development of the Uniswap ecosystem, including developer support, research grants, and more.In addition, the foundation announced several future plans, including further development of the Hooks ecosystem, launching the TL;DR Fellowship in October 2023, continuing to support IRL representative activities, and building more digital connection methods. The foundation also plans to achieve larger goals in 2024 and beyond, such as expanding its ecosystem, innovating, and strengthening governance.