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UNISWAP FOUNDATION SHARES Q1 BALANCE SHEET As of the end of Q1, the Uniswap Foundation held $41.41M in fiat and stablecoins and 730,000 UNI tokens. The Foundation committed $4.34M in new grants, disbursed $2.79M, and designated UNI tokens for employee awards. This week, UNI… https://t.co/Z4cBIqDaXU
The Uniswap Foundation shared its most recent quarterly balance sheet days before a fee vote is scheduled to take place, @thesamreynolds reports https://t.co/oW22AFRIJM..
The uniswap foundation's entire year of expenses seems to amount to half an EF researcher alignment package 😉 (sorry @inversebrah I gave you hours of head start but this was not picked up. The people deserve to laugh) https://t.co/QMiffwsQXM
The Uniswap Foundation disclosed its Q1 balance sheet, revealing it holds $41.41 million in fiat and stablecoins, and 730,000 UNI tokens valued at $11.32 each. The Foundation committed $4.34 million in new grants and disbursed $2.79 million in previously committed grants during this period. Operational expenses were $1 million in the last quarter, indicating an annual spending rate of $4 million. The Foundation's financials were shared days before a scheduled fee vote. Additionally, the Foundation has an estimated runway through the end of 2025 and designated UNI tokens for employee awards.
