Uniswap Foundation
It’s a go! Uniswap Foundation becomes reality after 86M votes in favor
The $74 million plan by two former Uniswap Lab executives for a new Uniswap Foundation has just become reality after their proposal received over 99% of the votes from UNI token holders. According to the initial proposal, the foundation aims to streamline Uniswap’s Grant Program (UPG) and reduce friction in the protocol’s governance system. Former Uniswap Labs executive Devin Walsh, now serving as executive director of UF shared the results in a tweet on Aug. 24, noting that the proposal to create the foundation “passed its final vote!” Last night our proposal to create the Uniswap Foundation passed its final vote! https://t.co/B2VOAeg5is — Devin Walsh (@devinawalsh) August 24, 2022 According to the Uniswap website, the foundation saw more than 86 million, or 99% of total votes...
