Uniswap Foundation: As of Q2, it holds $36.81 million in stablecoins and 680,000 UNI

According to BlockBeats, on August 7, the Uniswap Foundation officially released an unaudited quarterly financial summary ending June 30, 2024, indicating that as of Q2, it held $36.81 million in US dollars and stablecoins and 680,000 UNI. These fiat (US dollar) cash and stablecoins will be used for grants and operating activities, while UNI will be used for employee token rewards. It is expected that these funds can be maintained until the end of 2025 and will be distributed as follows:

Grant Commitments and Incentives: A total of $26.12 million will be allocated for grants, of which $22.46 million will be committed in 2024 and 2025 and $3.66 million is in previously committed grants to be awarded. The remaining $10.69 million will fund operating expenses through the end of 2025.