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Memo 0x7db0721c…a9e680 on Ethereum

The four strategic priorities defined in the proposal (scaling network supply and demand, activating revenue, and onboarding core contributors) all contribute to the long-term sustainability of the Uniswap ecosystem. We appreciate the adjustments that were made over the past month based on feedback in the forums. There was some dissent in the forums surrounding the requested budget for grants far surpassing the budget for operations. However, we view this as a sign of operational efficiency rather than a negative. The forum discussion on this topic highlighted that (1) the Uniswap Foundation needs to be funded and (2) there needs to exist strong checks to make sure the allocated funding is being used productively. As seen with the 2024 Community Impact Report, we believe the Foundation will uphold the latter aspect.