Uniswap Foundation Releases 2024 Ecosystem Impact Report
According to Odaily, the Uniswap Foundation has released its annual ecosystem impact report, outlining its goals and achievements for 2024. The foundation aims to establish the Uniswap protocol as the home for all tokenized markets. To achieve this, it is accelerating the development of the DeFi ecosystem through grants and fostering deep, ongoing collaboration with developers, researchers, and governance stakeholders. Earlier this year, the foundation realigned its grant strategy to focus on large-scale and long-term plans, emphasizing grants exceeding $250,000. This new approach aims to expand impact and foster network development. The 2024 funding model is designed to enhance the influence and accessibility of the Uniswap protocol, drive new technological implementations, develop the developer ecosystem, and advance governance, security, and protocol innovation. The progress made in 2024 is as follows:
1. Research: The core KPI is to lead technological advancements in AMM. The foundation strategically allocated $2,092,000 in the research category across four key projects, resulting in comprehensive DeFi research that shapes the future of AMM.
2. Developers: The core KPI is to build a robust developer ecosystem for the Uniswap protocol. In 2024, the foundation invested $868,000 in developer projects and activities, strengthening the developer base and ensuring community contributions and innovations on v4.
3. Governance: The core KPI is to build and implement a resilient governance model for the Uniswap protocol. The foundation allocated $995,000 to enhance governance by promoting collaboration among delegates, supporting activities and workshops that strengthen delegate interaction, participation, and governance functions.
4. Security: The core KPI is to maintain Uniswap protocol's reputation for reliability and security. The foundation committed $2,742,195 for comprehensive audits of Uniswap v4 and governance smart contracts, ensuring the protocol's security and reliability and strengthening community trust.
5. Protocol + Innovation: The core KPI is to achieve a sustainable protocol model to enhance growth. The foundation allocated a total of $1,579,000 to fund protocol innovation and improve the Uniswap user experience, catalyzing protocol enhancements in line with market demands and user expectations.
Looking ahead, the foundation anticipates more innovative governance enhancement plans, developer hackathons, research deployments, and other exciting initiatives for the remainder of 2024.