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Uniswap Foundation aims to clock extra $62 million worth funds

Uniswap, a decentralised exchange (DEX), intends to get an on-chain vote for authorisation of the $74 million funding’s second section meant for its developer, Uniswap Foundation, as stated by Cointelegraph. According to Cointelegraph, the funding’s second section is roughly around $62 million, carrying a buffer worth 10% for price volatility. From what it’s understood, the on-chain vote’s approval will result in the funds getting directed towards operations and research grants. Reportedly, Uniswap Foundation is in charge of developing core protocol parameters. Based on Cointelegraph’s data, developers aim to create a Uniswap v4-based software development kit.

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