Uniswap has already changed the world.

In only 3 years, the world’s first automated market maker has pioneered DeFi primitives, supported more than $1T 2 in cumulative volume, and served millions of users 2 worldwide. Its daily volume today is on par with Coinbase 8.

Ownership of the protocol was transferred to the community 6 in 2020 and since then the Uniswap Grants Program (UGP) has demonstrated the potential for community-funded initiatives to make a positive impact. Over 1.5 years, UGP has funded 120+ grantees 14 improving governance, and developing new interfaces and developer tooling.

However, there is still work to do to help Uniswap reach its full potential. The governance process has too much friction, the ecosystem is too difficult to navigate, and UGP in its current form is not able to fund the most ambitious and impactful projects.

We want to change that.

Today, we are excited to propose the creation of the Uniswap Foundation, which has the mission to support the decentralized growth and sustainability of the Uniswap Protocol and its supporting ecosystem and community.

In other words, the goal of the Uniswap Foundation is to support you.

Uniswap’s community is expansive, encompassing the universe of individuals and organizations which build on and benefit from decentralized protocols. Your contributions have already made Uniswap a success, but we want to help you accomplish much more.

The Uniswap Foundation (UF) will provide grants to builders, researchers, organizers, academics, analysts, and more to grow the Protocol and plan for its future.

It will make it easier to govern the protocol and community treasury, and to navigate the broader ecosystem.

It will help you make an impact – to reduce friction, and amplify your efforts.

We believe that Uniswap will be the value exchange layer of the Internet.

It brought the automated market maker to the masses.

It has led the way in the evolution and growth of DeFi and web3.

It is censorship resistant, permissionless, decentralized, and secure – constituting a set of properties which we believe should define our world’s financial infrastructure.

But there is still a long way to go for Uniswap to reach its full potential.

We’re excited to work with all of you to make that happen.

If you’re excited too, please read our proposal, comment, reach out to chat (our DMs - @devinawalsh 83 and @nkennethk 51 are open!), and spread the word.

Uniswap has already changed the world.

In only 3 years, the world’s first automated market maker has pioneered DeFi primitives, supported more than $1T 2 in cumulative volume, and served millions of users 2 worldwide. Its daily volume today is on par with Coinbase 8.

Ownership of the protocol was transferred to the community 6 in 2020 and since then the Uniswap Grants Program (UGP) has demonstrated the potential for community-funded initiatives to make a positive impact. Over 1.5 years, UGP has funded 120+ grantees 14 improving governance, and developing new interfaces and developer tooling.

However, there is still work to do to help Uniswap reach its full potential. The governance process has too much friction, the ecosystem is too difficult to navigate, and UGP in its current form is not able to fund the most ambitious and impactful projects.

We want to change that.

Today, we are excited to propose the creation of the Uniswap Foundation, which has the mission to support the decentralized growth and sustainability of the Uniswap Protocol and its supporting ecosystem and community.

In other words, the goal of the Uniswap Foundation is to support you.

Uniswap’s community is expansive, encompassing the universe of individuals and organizations which build on and benefit from decentralized protocols. Your contributions have already made Uniswap a success, but we want to help you accomplish much more.

The Uniswap Foundation (UF) will provide grants to builders, researchers, organizers, academics, analysts, and more to grow the Protocol and plan for its future.

It will make it easier to govern the protocol and community treasury, and to navigate the broader ecosystem.

It will help you make an impact – to reduce friction, and amplify your efforts.

We believe that Uniswap will be the value exchange layer of the Internet.

It brought the automated market maker to the masses.

It has led the way in the evolution and growth of DeFi and web3.

It is censorship resistant, permissionless, decentralized, and secure – constituting a set of properties which we believe should define our world’s financial infrastructure.

But there is still a long way to go for Uniswap to reach its full potential.

We’re excited to work with all of you to make that happen.

If you’re excited too, please read our proposal, comment, reach out to chat (our DMs - @devinawalsh 83 and @nkennethk 51 are open!), and spread the word.