During the first quarter, the foundation committed $4.34 million in new grants and disbursed $2.79 million in previously committed grants.
The Uniswap Foundation has disclosed holding $41.41 million in fiat and stablecoins and 730,000 UNI tokens as of the end of the first quarter.
According to the publication, the Foundation committed $4.34 million in new grants during this period and disbursed $2.79 million in previously committed grants.
The fiat cash and stables are designated for grant-making and operating activities, while the UNI tokens are reserved for employee token awards.
