What is Uniswap?

Uniswap is a protocol for decentralized exchange of Ethereum-based tokens. It was created in 2018 by Hayden Adams, and uses a system of smart contracts to facilitate the exchange of tokens without the need for a central authority. Uniswap allows users to trade tokens directly with each other, using a system of liquidity pools to provide liquidity for the exchanged tokens. It has become a popular platform for trading a wide variety of Ethereum-based tokens.

Uniswap was built in 2018 on the Ethereum network, which enables trades for all ERC-20 tokens and wallets like MetaMask. The project is open-source and allows developers to keep improving the code in the Uniswap community. 

Grant size: 
Varies on grant type
Founded
:
2018
Location:
New York, US
Token:
UNI
Website:
uniswap.org

Uniswap Grants

While Uniswap Grant Program is still in its early stages, the goal is to ensure the sustainability of a passionate ecosystem that has invested significant time and effort into growing the protocol.

It is Uniswaps mission to continue to develop this passion and talent, so UGP first seeks focus areas that support the following goals:

  • Usability – improving the user experience
  • Community – growing the ecosystem
  • Tooling – improving the developer experience


Support is available for individuals and teams who are trying to provide innovative solutions, solve problems, or contribute to existing tools in the three focus areas above.

Below is a summary of the UGP Applicant Pipeline broken down into 3 stages of processing:

  1. Application Intake.
  2. Team Evaluation. We review grants as a team regularly during the week. Based on our initial review, we will ask you for a call, send questions via email, or say yes/no. During this time, you are assigned to a Grant Analyst who will be your point person.
  3. Grantee Approvals. After 1-6 weeks of diligence, we get to a yes/no on the proposal. If the grant is approved, then the initial milestone is funded.
  • Clear Communication: To what extent does the grant clearly articulate the problem you are solving, the solution you want to build, and the clear deliverables that you will create as a result of the grant?
  • Impact: To what extent does this idea impact the growth of the protocol (Volume, TVL or number of users)? How will you measure this?
    To what extent does this idea make it easier for developers to build on the protocol? How will you measure this impact?
    To what extent does this idea impact governance? How will you measure the impact?
    We will also reflect on whether this is the most high-impact way to support developers, LPs, users, and other stakeholders compared to other grant opportunities in the pipeline.
  • Team: We are looking for people or teams that have a track record of success, in or out of crypto. Please include examples of previous work.
  • Budget: We think about scope based on time it takes, market rate, not “value to the protocol”. If we were to hire a team to build this, how much would it cost?

When the committee reads the proposal, we should be able to understand what exactly you want to build, what problem does it solve, what success looks like, and how you measure it. Also, achievements should be divided into milestones limited to 1-5 weeks.