Uniswap’s Shocking $140M Revenue: What Are They Spending It On? 💸

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So, the Uniswap Foundation just dropped a bombshell: $140.3 million in revenue! 🎉 And guess what? They’re throwing $12.4 million at new grants like it’s confetti at a wedding. 💰💍

According to their latest report (because who doesn’t love a good financial report on a Tuesday?), most of that cash came from a generous $140 million donation approved by Uniswap governance. The rest? Just some pocket change from interest and dividends. As of March 31, they were sitting pretty with $53.4 million in USD and stablecoins, 15.8 million UNI tokens, and 257 Ethereum (ETH) — which totals around $95 million. Not too shabby, right? 😏

Oh, and they decided to use 5 million UNI as collateral for a $29 million loan. Smart move! It’s like taking out a loan but making sure you don’t crash the market while doing it. They’ve set aside a whopping $115.1 million for grants, with $99.8 million earmarked for 2025 and 2026. The rest? Just a casual $15.3 million for earlier commitments. And let’s not forget the $33.3 million they’ve reserved to keep the lights on and the staff happy through January 2027. Because who doesn’t love a paycheck? 💼

Now, about those $12.4 million in new Q1 grants: $9.9 million is going to multi-year programs that will run until 2029. Some of these grants even come with repayment options from Unichain Partners, depending on how well they perform. Talk about a performance review! 📈

The Foundation’s strategy for Q1 was all about beefing up Uniswap and its layer-2 network, Unichain, as the backbone of global digital finance. They’re prioritizing capital efficiency across EVM chains, funding developer tools and education, and expanding sustainable revenue models. Basically, they’re trying to be the cool kids on the blockchain block. 😎

Excluding a measly $100,000 in UNI tokens given to staff (because who doesn’t love a little bonus?), their operating costs for the quarter were $1.9 million. This includes everything from marketing to legal fees. You know, the usual expenses that make you question your life choices. 🤔

This update comes hot on the heels of Uniswap hitting some major milestones, like launching Unichain in early 2025 and racking up a $3 trillion lifetime trading volume. Oh, and the SEC decided to close its investigation into Uniswap Labs without any drama. Can I get a hallelujah? 🙌

Stay tuned for the Q2 financial update, where we’ll get even more juicy details on grants, spending, and the Foundation’s financial health. Because who doesn’t love a good cliffhanger? 📊

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2025-05-23 09:38