The Uniswap community has greenlit an investment of 165.5 million USD to facilitate ecosystem growth and innovation. This includes activating the ‘fee switch’ and a budget allocation for liquidity incentives, thereby benefiting UNI holders.

As part of the initiative to strengthen the platform, a portion of the funds is set aside to attract liquidity providers, which has resulted in a notable 7.5% surge in UNI’s price following the announcement.