According to Foresight News, the Uniswap Foundation has announced a new allocation of $379,000 to Panoptic, a DeFi protocol based on Uniswap. The funds are intended for the development of a v4 liquidity interface, the gRHO platform. The aim of this initiative is to simplify passive liquidity provision on Uniswap v4.
Panoptic, a DeFi protocol, is set to receive this significant funding from the Uniswap Foundation. The allocated funds will be used to develop the gRHO platform, a v4 liquidity interface. This development is expected to streamline the process of providing passive liquidity on Uniswap v4, making it more accessible and efficient for users.
This allocation is part of Uniswap Foundation's ongoing efforts to support and enhance the DeFi ecosystem. By funding the development of advanced tools and platforms like the gRHO, the foundation aims to improve the overall user experience and functionality of the Uniswap protocol.
