The UNISWAP (UNI) community voted in favor of two major governance proposals, allocating $ 165.5 million to the UNISWAP Foundation to stimulate the development of ecosystems.
This decision follows the launch of the UNISWAP V4 and Unichain earlier this year and led to an increase in the UNI price.
UNISWAP ensures the financing of growth and innovation defined
In a recent article on X, the UNISWAP Foundation celebrated the approval of two proposals presented on February 14 as part of the “Uniswap Unleashed” initiative.
“This marks the start of the next era of our community: the one that unlocks new opportunities to build, grow and create and capture the value,” says the post.
One of the most important aspects of the governance decision is that he laid the basics of activating the highly anticipated “costs switch”. This mechanism improves sustainability and the awards of the UNI protocol. In addition, it signals a change to a more sustainable and enriching ecosystem.
“These campaigns will lead to other advantages for the Uniswap community. For example, 65% of unichain net revenues should be won by UVN validators and stakers, once UVNs are launched,” noted the proposal.
The first proposal describes the strategic priorities of the UNISWAP Foundation for 2025 and beyond. It focuses on four key areas. The first is the network supply scaling by optimizing liquidity in the active chains of Ethereum virtual machine (EVM).
The second priority is to set up network demand by developing platforms that encourage DEFI innovation and attract developers. This includes initiatives such as financing programs, infrastructure development and educational resources. These aim to support developers throughout the life cycle of the development of hook.
In addition, the third priority is to strengthen governance by activating income sources and integrating new protocol contributors. It emphasizes the distribution of part of the unichain net revenues to validators and stakers and the exploration of the creation of a legal entity for governance purposes.
Finally, the proposal aims to establish a main contributor program. This program will create development teams aligned by incentives to advance the protocol and the ecosystem.
The proposal also includes a total investment of $ 120.5 million, with $ 95.4 million allocated to the Foundation’s grant budget and $ 25.1 million designated for operational costs.
“It reflects an investment in the success of the Uniswap and Unichain Protocol, and in the value of the Uniswap community, and will be supported by the best transparency reports in industry and an implacable will to create value,” said the proposal.
The second proposal, which included Gauntlet’s contribution, focuses on the financing of two liquidity incentive programs to stimulate the growth of the UNISWAP V4 and Unichain. Thus, the main objective is to attract liquidity providers (LPS), Swappers and developers to these platforms, who will play key roles in the future of Defi. The UNISWAP Foundation requested a budget of $ 45 million to support these liquidity incentives.
The AERA platform will be used to ensure total control of governance on funds. This platform will allow UNISWAP governance to recall unused funds if necessary. Gauntlet has already set up a Vault Aera on the Mainnet Ethereum (ETH).
In addition, with the approval of the proposal, the safe will resume. A total of 7,588,532 UNA tokens will be deposited to finance current liquidity incentives.
Meanwhile, UNI reacted positively to the news. According to Beincrypto data, its value has jumped 7.5% in the last 24 hours.
At the time of the press, Uni was negotiated at $ 6.8. In addition, the volume of negotiation experienced a remarkable point of 207.9%, which highlights a substantial increase in activity.
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