TechFlow news — On November 14, according to official information, the Uniswap Foundation released its unaudited Q3 financial summary as of September 30, 2024:
As of September 30, 2024, the treasury holds $33.83 million in fiat cash and stablecoins, along with 610,000 UNI tokens. The fiat (USD) cash and stablecoins will be used for grants and operational activities, while the UNI tokens will support employee token compensation. The operational runway is expected to last through the end of 2025, allocated as follows:
Grant commitments and incentives: A total of $24.72 million has been allocated to grants. $17.33 million will be committed in 2024 and 2025, with $7.39 million reserved for previously committed grants awaiting disbursement. The remaining $9.11 million will fund operating expenses through the end of 2025.
In Q3 2024, the Foundation committed $5.32 million in new grants and disbursed $1.49 million in previously committed grants. As of September 30, 2024, a total of $12.66 million in grants have been committed and $6.78 million have been disbursed.
