Uniswap Foundation Secures $177 Million for Growth Initiatives
- Two Uniswap governance proposals passed with over 80% voter support.
- Approximately 29 million UNI tokens, valued at around $198 million, will be distributed.
- 73% of the tokens are allocated to governance proposal #83, “Uniswap Unleashed.”
- The proposals aim to fund Uniswap V4 and Unichain development and explore revenue activation.
- The UNI token price is currently $6.83, down 2% in the last 24 hours but up nearly 18% over the past week.
The successful passage of two governance proposals will allocate nearly $198 million in UNI tokens to support Uniswap’s growth and explore potential revenue-sharing mechanisms with token holders.
Source (2.6)https://decrypt.co/310912/uniswap-177-million-funding-fee-sharing?rand=52368
