Uniswap Foundation releases financial summary for FY 2024: holds 590,000 UNI and $29.8 million in cash and stablecoins.

TechubNews
UNI-4,52%
HOOK-13,97%
DEFI8,76%

Techub News, Uniswap Foundation released a financial summary for fiscal year 2024, in the past year, Uniswap’s main achievements include: recruiting more than 800 hook developers from more than 60 countries, of which dozens are actively building production projects; nurturing more than 150 Hook prototypes covering a variety of use cases, as well as an OpenZeppelin codebase for developers to use as a guide; Activate more than 100 infrastructure and DeFi partners for Unichain; Designing, designing, and auditing Unistaker contracts, allowing Uniswap protocol revenue to be earned through delegation; Initialize the Unichain Validator Network (UVN) to advance decentralization and compensate its validators and stakers with 65% of the chain’s revenue. As of December 31, 2024, we held $29.8 million in USD cash and stablecoins, as well as 590,000 UNI. These cash and stablecoins will be used for donations and operational activities, and UNI will be used for employee token rewards, and the flow of funds is expected to continue until the end of 2025.

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