Wu said that he learned that the Uniswap Foundation officially announced the unaudited quarterly financial summary as of March 31, 2024, and it held US$41.41 million and stablecoins, as well as 730,000 UNI. US dollar cash and stablecoins will be used for funding and operating activities, and UNI will be used for employee token rewards. The expected period of use of funds will last until the end of 2025, with the following specific allocations: Grant commitments and incentives: US$25.77 million will be issued in 2024 and 2025; US$2.94 million will be reserved for previously promised grant issuance; the remaining US$12.7 million will be used to fund operating expenses before the end of 2025.
