On September 1, the Uniswap Foundation released its annual ecological impact report. The report pointed out that the Uniswap Foundation's goal is to establish the Uniswap protocol as the home of all tokenized markets. To this end, it is accelerating the development of the DeFi ecosystem through grants and promoting in-depth and continuous cooperation with developers, researchers and governance stakeholders. Earlier this year, the Foundation readjusted its grants strategy to focus on large-scale and long-term plans, with a focus on grants exceeding US$250,000. This new approach aims to expand the impact and promote the development of the network. The 2024 funding model will help expand the influence and accessibility of the Uniswap protocol, promote new technology implementations, develop the developer ecosystem, and advance governance, security and protocol innovation. The progress made so far in 2024 is as follows:
1. Research core KPI: Leading the technological advancement of AMM; Progress: In the research category, the Foundation strategically allocated $2,092,000 in funds across four key projects; Impact: Achieved comprehensive DeFi research and shaped the future of AMM.
2. Developer Core KPI: Build a strong developer ecosystem for the Uniswap protocol; Progress: Building and maintaining a self-sustaining developer community for the Uniswap protocol requires education, tools, and incentives. In 2024, the Foundation will invest $868,000 in developer projects and activities; Impact: Strengthened the developer base and ensured community contributions and innovation on v4;
3. Governance Core KPI: Build and implement a resilient governance model for the Uniswap protocol; Progress: The Foundation has allocated $995,000 to strengthen Uniswap protocol governance by promoting cooperation among representatives. This funding supports activities and workshops to strengthen representative interaction, participation, and governance functions; Impact: Improve governance structure, enhance representative activities, and create a more collaborative ecosystem;
4. Security Core KPI: Maintain the reputation of the Uniswap protocol for reliability and security; Progress: A total of $2,742,195 has been committed to providing a comprehensive audit of Uniswapv4 and Uniswap’s governance smart contracts; Impact: Ensure the security and reliability of Uniswap and strengthen trust within the community;
5. Protocol + Innovation Core KPI: Achieve a sustainable protocol model to enhance growth; Progress: The Foundation understands the complexity involved in funding protocol innovation and improving the Uniswap user experience, and has allocated a total of $1.579 million for these initiatives; Impact: Catalyze protocol enhancements that are aligned with market demand and user expectations. Looking ahead, more innovative governance enhancement plans are expected in the remainder of 2024..
