The 2024 financial data from Uniswap Foundation show nearly $ 5.8 million in spending on salaries, audits, events and admin, compensated with $ 1.11 million in income.
In 2024, the Uniswap Foundation, a non-profit organization behind the crypto exchange platform, spent $ 5.79 million to carry out its activities and at the same time get $ 1.11 million from donations, dividends and interest.
According to the foundation Last financial breakdownPayroll was the majority of the budget at $ 3.13 million, which covered salaries, benefits and taxes. Another $ 1.68 million went to professional services such as legal advice, accounting and technical audits.
Advertising and marketing costs amounted to around $ 290,000 and were used for issues such as Webdesign, Office and event hosting, the report is.
“2024 marked a critical bending point for the Uniswap Foundation, because we laid the foundation for ecosystem tuning and value of value. In the past year, the initiatives of Uniswap Foundation drove the growth and activation of the Uniswap developer community, as a result of which the social and governance infrastructure that has been maintained.”
Head of the Uniswap Foundation Finance Natalia RA
The foundation also spent around $ 174,000 on external events, including travel and presence at conferences. Office spending such as software, transaction costs and internal team events such as offsites came in at around $ 116,000. Insurance – mainly drivers and officers cover – was another $ 290,000, while smaller expenditures include nearly $ 116,000 for hackathons.
By the end of the year, the foundation still had a healthy reserve: $ 29.8 million in Fiat and Stablecoins, plus 0.59 million uniswap’s uni (uni) tokens, which are reserved to maintain things, daily activities and teamincentives and with 2025.
In the field of subsidies, the foundation committed $ 14.8 million in 2024 and paid $ 9.9 million in the fourth quarter, including $ 3.1 million. Support for developers was an important focus, with $ 4.59 million on their way to programs that helped more than 1,000 new UNISWAP developers via Uniday and Hackathons around the world.
Other BIG ticket items include $ 2.19 million for research grants and $ 1.54 million for administrative work, the report is.
