Uniswap, a leading decentralized exchange protocol, recently unveiled the specifics of its treasury, revealing that it holds around 49 million UNI tokens, valued at about $1 billion USD. The disclosure was a part of Uniswap’s commitment towards increased transparency and accountability. This move is expected to improve the protocol’s governance and operations. The funds reportedly will be used to support the Uniswap ecosystem and for the protocol’s future developments.
In addition to the treasury holdings, Uniswap’s Foundation also announced a commitment of over $20 million in future grants, aimed at supporting the protocol’s ecosystem. This includes funding for software development, community building, and educational initiatives. The commitment to transparency and community support signals Uniswap’s vision for a decentralized future where users have a significant role in shaping the platform’s direction.
