The Uniswap DEX community has voted in favor of two governance proposals to fund new Uniswap Foundation (UF) initiatives with approximately $172 million in UNI tokens.

Swedish AI startup IntuiCell says it has created a robot dog named Luna that has a functional digital nervous system capable of learning and adapting like humans and many animals https://t.co/5Wz0ExSrR4 pic.twitter.com/oFEGxZMxYO
— Reuters (@Reuters) March 20, 2025

A joint initiative by UF and fintech company Gauntlet to support liquidity incentive programs on the Unichain network and Uniswap v4 protocol received 83.6% approval.

Nearly 7.6 million UNI (~$51.3 million) will be transferred to a newly created Aera vault.

The second proposal allocated $95.4 million for UF’s grants budget and $25.1 million for “strategic priorities” over two years.

At the current price, the request amounts to approximately 17.8 million UNI, with 85.6% of votes in favor.

The funds will support the development of the Uniswap and Unichain ecosystems. Plans include launching a full-scale developer platform under the Core Contributor initiative, introducing conditional finance markets, and more.

Earlier in February, the SEC dropped its investigation into Uniswap Labs, the company behind the decentralized exchange.