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Compound and Uniswap Put Grant Programs to Governance Vote

Compound and Uniswap Put Grant Programs to Governance Vote

In the first week of December, Compound Finance and Uniswap both began working towards the inclusion of grants programs to support ecosystem development on their respective platforms. 

  • The two platforms are among the DeFi market’s most popular services, but both teams believe that a controlled and fair means to incentivize development would help their respective platforms greatly
  • While Uniswap’s proposal is currently in the test phase, Compound’s is already up and is end on Dec. 8
  • Voters have almost unanimously supported the grant program on Compound, with over 99% of votes in favor of it
  • As for Uniswap, the community can currently review the basic outline before it moves onto an official vote
  • Variant Fund’s Jesse Walden explained the grant program over Twitter, saying that the goal was “to provide valuable resources to help grow the Uniswap ecosystem”
  • The tentative budget proposal would give the awardees $1.5 million over two months; a committee of 6 members would review applicants

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