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.
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
re the uniswap foundation runway: actual operational expenses were 1m in the last quarter, so actually theyre only spending 4m/yr, with everything else being grants they give? also foundation is different from uniswap labs, which is the company developing
The Uniswap Foundation disclosed that it holds $41.41 million in fiat cash and stablecoins on hand with an estimated runway through the end of 2025. @tikta_ reports https://t.co/QXnZUazhV2
[UNISWAP FOUNDATION] @UniswapFND holds $41.41 million in fiat and stablecoins, plus 730,000 $UNI tokens (worth $11.32 each) as of Q1's end. They committed $4.34 million in new grants and disbursed $2.79 million in previously committed grants during this period https://t.co/WsVoLor01m