Uniswap Foundation: As of Q1, it holds 41.41 million US dollars and stable coins, and 730,000 UNI

Golden Finance reported that the Uniswap Foundation officially announced its unaudited quarterly financial summary as of March 31, 2024, stating that as of Q1, it held US$41.41 million and stablecoins (approximately US$40.47 million, 750,000 DAI, 18 10,000 USDC), and 730,000 UNI. Fiat currency (USD) and stablecoins will be used to fund and operate activities, and UNI will be used for employee token rewards. The expected life of the funds is through the end of 2025, with allocations as follows: Grant Commitments and Incentives: $25.77 million will be awarded in 2024 and 2025. $2.94 million is reserved for previously committed grant disbursements. The remaining $12.7 million will be used to fund operating expenses through the end of 2025.