Uniswap DAO Approves $165M Funding Plan
One of the two approved proposals includes steps toward making Uniswap Governance a legal entity.
Uniswap's DAO has approved governance proposals allocating $165M for growth initiatives, including fund grants, liquidity incentives, and potential steps toward a revenue fee switch benefiting UNI token holders.
What’s the Scoop?
- Governance Proposals Approved: The
Uniswap community voted in favor of two proposals to allocate $165M for grants, operational expenses, and liquidity incentives. - Fee Switch Progress: The proposals signal potential steps toward introducing a fee switch, which would allow UNI holders to earn a portion of protocol revenue.
- Legal Entity Formation: The Uniswap Foundation's conversion into a legal entity is being explored to pave the way for clearer governance and compliance.
Bankless
It’s time to break up with your bank, and join the movement for a better world.
