Newly released financial reports from the Uniswap Foundation are sparking intense controversy within the cryptocurrency community, with many arguing that the organization's executive team is overpaid but its performance is not commensurate. This information has spread widely after the 2024 financial figures were analyzed and compared with other DAOs in the blockchain ecosystem.
According to 2024 financial data, the Uniswap Foundation spent approximately $4.8 million on personnel costs and team compensation. However, the main output recorded that year was the allocation of approximately $10 million in funding to projects within the ecosystem. This figure quickly became the focus of criticism, with many arguing that the expenditure on operational costs was excessive compared to the actual value the organization brought to the Uniswap community and UNI Token holders.
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Compared to the Optimism Grants Council, the disparity becomes even more apparent. During the same period, the personnel costs of Optimism 's grant program team were only around $2.6 million, yet they managed and disbursed a budget of $63.5 million for ecosystem development projects. Many community members argue that the total compensation of the Uniswap Foundation's executive board is nearly equivalent to that of the entire Optimism grant team, while the actual disbursement rate is only about 20% of the allocated Capital .
These comparisons fueled a growing backlash within the UNI community. Many demanded that the Uniswap Foundation provide a clear explanation of the value it creates, as well as transparency and efficiency in its use of funds. Some investors even called for stronger pressure from UNI holders through on-chain governance mechanisms, forcing the board to reform or adjust its cost structure.
