The UNISWAP community agreed to seduce financing of $ 165.5 million in order to improve the platform ecosystem. Following the decision, an increase of more than 10 %of UNI Token price was recorded. At the same time, the interest in transaction volume and UNI Token derivatives have also been reported to have increased. Financing will be distributed to cover grants for the Uniswap ecosystem, liquidity incentives and operational expenses.
Distribution and use of the fund
According to two governance proposals approved by the UNISWAP community, allocated funds will be allocated to various fields. In this context, $ 95.4 million for grants, 45 million dollars to provide liquidity, and 25.1 million dollars for operational expenses. The funds will be managed by the Uniswap Foundation and strategic steps will be taken for the expansion of the ecosystem.
Part of the resource resource will be used to provide liquidity incentives to Uniswap V4 and Unichain platforms. Gauntlet, the Web3 Risk Management Platform, will aim to increase the participation of new users by managing these incentives. In addition, incentives and campaigns will be organized for developers to play a more active role.
On a single screen instant prices, important data, news, latest developments, comments and discussions at Chat! Come right away from your eyes!
Uniswap V4 and New Income Model
With the introduction of the UNİSWAP V4 platform, special “HOOK” contracts will be introduced to developers. These contracts will provide developers more privatization and interaction on the platform. Unichain, on the other hand, aims to offer faster and low -cost transactions using the technological infrastructure of optimism.
Governance offers include a “wage key” mechanism. When this mechanism is activated, some of the wages earned by liquidity will be transferred to the UNI token owners. In this way, UNI owners will be able to directly benefit from the income flow on the platform. Uniswap Foundation has started to work to create the legal infrastructure of it.
The interest in UNI Token transactions in the crypto currency market also increases. Especially the mobility in the derivative products is remarkable. The rise observed in open positions indicates that investors’ confidence in the Uniswap ecosystem has increased.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.