FAQ | Uniswap Foundation

Grants

What currency are grant payments made in?

Grant payments are currently made in fiat USD or USDC.

Grants

How are grant payments made?

During the Selection phase of the application process, a Grants Analyst will work with you to outline grant milestones, each of which will be associated with clear deliverables and tied to a portion of the overall payment. Typically, grants have 2-5 milestones, each of which will be defined in the contract that you execute upon approval. The initial payment will be disbursed following KYC and contract signatures. Subsequent payments are delivered upon the completion of each milestone.

Grants

Do I have access to help if I have any questions?

Yes, you will receive both 1-1 help and community driven support. During the application process you are assigned a Grants Analyst, who will be your point person throughout your grant experience. They are the ones you check in with when you complete a milestone, and you can also reach out and ask for help. Once you become a Uniswap Foundation Grantee, you are added to a private Slack group with over 100 current and former grantees. Here, you can ask questions and leverage resources provided by others.

Organization

What is the uniswap foundation?

The Uniswap Foundation is a Delaware non-profit organization founded in 2022 whose mission is to support the growth, decentralization, and sustainability of Decentralized Finance. Its funding was provided by the Uniswap community, through the approval of a community governance proposal.

It supports the DeFi community through three pillars of work:

‍Growth. The Foundation provides financial resources and other support to developers and community members working on tools and initiatives to increase usage of DeFi.
Innovation. We fund researchers on the bleeding edge of crypto to seek ways to make DeFi more accessible.
‍Stewardship. We provide resources and support initiatives that drive long term DeFi sustainability.

Organization

What is UF’s relationship with the rest of the uniswap ecosysem?

The Uniswap Foundation operates independently from other entities working within the Uniswap ecosystem, including Uniswap Labs and other organizations that are working to advance the goals of decentralized finance.

Organization

Can I work at the uniswap foundation?

Check out our job opportunities here.

Organization

What is the Uniswap Protocol?

The Uniswap Protocol is a set of persistent, non-upgradable smart contracts that allows its users to provide liquidity, create liquidity pools, and swap between tokens in a liquidity pool without requiring any trusted intermediaries or a central authority. It is an implementation of a noncustodial automated market maker (AMM), in that it pools liquidity and makes pooled tokens available at a price set by an algorithm.

Uniswap is built to prioritize censorship resistance, permissionlessness, security, decentralization, and self-custody. It makes market creation, liquidity creation, and swapping accessible, fair, and secure to all.

Organization

How does Uniswap Protocol work?

Uniswap is an automated market maker. In practical terms, it is a collection of smart contracts that define a standard way to create liquidity pools, provide liquidity, and swap assets.

Each liquidity pool contains two assets. The pools keep track of aggregate liquidity reserves and the pre-defined pricing strategies set by liquidity providers. Reserves and prices are updated automatically every time someone trades. There is no central order book, no third-party custody, and no private order matching engine.

Because reserves are automatically rebalanced after each trade, a Uniswap pool can always be used to buy or sell a token — unlike traditional exchanges, traders do not need to match with individual counterparties to complete a trade.