The Uniswap Foundation discloses the development status of the foundation since it was approved by Uniswap governance in August 2022. Important progress includes grants, multi-chain development, governance for the expiration of the commercial source code license (BSL), and funding, etc. Specifically: 1. Provide grants of approximately US$2.7 million to two batches of 33 projects; 2. Propose a Uniswap governance method to determine the "official" BSL on L1 and L2 after the BSL expires on April 1. Uniswap deployment, and community feedback is currently being gathered to drive this forward. Among them, an entity or individual can act as multiple stakeholders at the same time, for example, a proposer can also be a deployer, and a deployer can be a bridge provider. The Uniswap Foundation also proposes to create a new ENS subdomain v3-deployments.uniswap .eth to track the official deployment of Uniswap V3 on L1 and L2; 3. After receiving the initial payment on August 26, 2022, converted 1,992,000 UNI into USD and USDC, and currently have a total of about 8.55 million US dollars in cash and Stable currency, continue to hold 468,000 UNI; 4. It is planned to require Uniswap governance to make a second fund payment in the third or fourth quarter of this year.