Uniswap Community Voted to Pass Proposal to Create Uniswap Foundation

Uniswap community has voted to pass the proposal proposing to create the Uniswap Foundation. The foundation aims to streamline its grants process, reduce friction in governance, and bolster the community. The foundation is requesting $74 million from the DAO treasury. $14 million of the funds will support the foundation's team, and $60 million will be used for developer grants.