The Uniswap Foundation holds $45.26 million in stablecoins and 780,000 UNI by the end of 2023

According to official news, the Uniswap Foundation released its annual operating status as of December 31, 2023: holding $45.26 million and stablecoins, and 780,000 UNI. US dollar cash and stablecoins will be used for grants and operational activities, and UNI will be used for employee token rewards, which is expected to last until the end of 2025. The specific uses are as follows: Grant commitments and liquidity mining: $30 million will be allocated in 2024 and 2025. Among them, $1.5 million is reserved for grants committed in previous years, to be paid; and $13.75 million will be used to provide operating expenses until the end of 2025. In 2023, the foundation promised to add $2.93 million in grants and pay $3.16 million in promised grants. In addition, $360,000 was paid for past UGP grants and confirmed as committed in 2023. The UGP grant was committed before the foundation was established and was borne by the foundation at the time of its establishment. Overall, the Foundation received $43.41 million in funding from the DAO in 2023 and spent $3.56 million on operating expenses.