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Uniswap Foundation Seeks Additional $46.2M Funding for Next Two Years of Operations
The Uniswap Foundation initiates a governance proposal for an additional $46.2M funding to sustain its operations for the next two years. This follows a Temperature Check, ahead of an on-chain vote slated for October 12, 2023. The funds, converted based on a 30-day TWAP of UNI, are designated for grants and operational costs, among other strategic initiatives aimed at bolstering Uniswap's position in the DeFi sector.