tl;dr
The Uniswap (UNI) community has approved two governance proposals, allocating $165.5 million to the Uniswap Foundation for ecosystem development. This decision follows the launch of Uniswap v4 and Unichain and has led to a 7.5% increase in UNI's price. The approved proposals include strategic priori...
The Uniswap (UNI) community has approved two governance proposals, allocating $165.5 million to the Uniswap Foundation for ecosystem development. This decision follows the launch of Uniswap v4 and Unichain and has led to a 7.5% increase in UNI's price. The approved proposals include strategic priorities for 2025, liquidity incentive programs, and governance enhancements. The funding aims to stimulate DeFi innovation and attract developers. UNI's value surged to $6.8, and trading volume increased by 207.9% following the approval.
The Uniswap Foundation celebrated the approval of two proposals introduced on February 14 as part of the “Uniswap Unleashed” initiative. This marks the beginning of the community’s next era, unlocking new opportunities to build, grow, and create and capture value. One significant aspect of the governance decision is the groundwork for activating the much-anticipated “fee switch,” enhancing the protocol’s sustainability and rewarding UNI token holders.
The first proposal outlines the Uniswap Foundation’s strategic priorities for 2025 and beyond, focusing on scaling network supply, scaling network demand, strengthening governance, and establishing a Core Contributor Program. It includes a total investment of $120.5 million, with $95.4 million allocated to the foundation’s grant budget and $25.1 million designated for operational costs.
The second proposal, including input from Gauntlet, focuses on funding two liquidity incentive programs to drive growth for Uniswap v4 and Unichain by attracting liquidity providers, swappers, and developers. The Uniswap Foundation requested a $45 million budget to support these liquidity incentives. UNI's value surged by 7.5% over the past 24 hours, reaching $6.8, with a remarkable 207.9% spike in trading volume at the time of the proposal's approval.