Uniswap Price plunged over 2% during the U.S. trading hours on Wednesday. The renewed supply pressure has stalled Bitcoin’s recovery at $57000, indicating that the prevailing bearish momentum persists. These coming weeks will be crucial for crypto investors to identify whether the market correction has bottomed.
Uniswap Foundation Q2 Financial Snapshot
The non-profit organization Uniswap Foundation recently released its Q2 2024 financial report, revealing substantial financial health and strategic allocations. As per the Blog post, the Foundation held $36.81 million in USD and stablecoins and 0.68 million UNI tokens on June 30, 2024.
The funds are designated for various purposes, including $26.12 million for grants. Of this, $22.46 million is earmarked for initiatives planned for 2024-2025, while $3.66 million covers commitments from previous periods. Additionally, operational expenses are projected to total $10.69 million through 2025.
Q2’2024 Grants Committed and Disbursed
In Q
We współpracy z: https://coingape.com/markets/uniswap-price-5-post-q2-financial-report-rebound/
