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.

We're thrilled to announce that last night, both UF governance proposals passed quorum.

This marks the beginning of our community's next era: one that unlocks new opportunities to build, grow and to create and capture value.

→https://t.co/h1NnLUFskL
→https://t.co/kchEqv2PDH pic.twitter.com/udvUgdA3TR
— Uniswap Foundation (@UniswapFND) March 19, 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.