$UNI
The Uniswap Foundation recently announced a new program called the Unichain Developer Grant Program. Unichain is an Ethereum Layer 2 (L2) scaling solution designed for decentralized finance (DeFi) that aims to reduce transaction costs by moving the execution layer to L2 while maintaining decentralization. In the short term, Unichain is expected to reduce transaction costs by about 95% compared to Ethereum L1, and this number will be further reduced over time.
Novel trading mechanisms: including novel hooks and non-AMM trading mechanisms to improve the trader experience; Innovation in DeFi experience: including service expansion and experience improvement in the directions of payment, commerce, insurance, finance and asset management; Improvements in liquidity infrastructure: including hooks and other tools designed to enable LPs to manage liquidity more efficiently, flexibly and easily, and reduce risks.
To support developers building on Unichain, the Uniswap Foundation provides a range of resources, including the Unichain Builder Toolkit, and leads developer participation, providing grants and programming support. Developers can apply for a developer grant from the Uniswap Foundation by completing the open call for builders form.
In addition, the Uniswap Foundation encourages developers to bridge assets to the Unichain testnet and exchange them on the Uniswap interface, as well as contribute to the repositories linked in the Unichain whitepaper. This grant program from the Uniswap Foundation aims to invite the broader community to participate, promote the development of Unichain, and ultimately promote the expansion of Ethereum. Through this program, the Uniswap Foundation is committed to building a self-sufficient community that contributes to the future growth of the Uniswap protocol.
