Overview
The Uniswap Arbitrum Grant Program (UAGP) is a first-of-its-kind cross-ecosystem initiative supporting projects building at the intersection of Arbitrum and Uniswap. The six month program, which was initially funded with 1m ARB tokens, has received over 140+ applications from builders and funded over 12 grants to help projects in their quest to improve Uniswap and Arbitrum.
The UAGP represents a creative and novel use case for protocol airdrops, which are typically largely allocated towards protocol incentives, treasury diversification, or sold off. A cross ecosystem grant program introduces a strong avenue to strengthen strategic bonds between two ecosystems by incentivizing projects to build at their intersection. The proposal also included a consideration for a cross-ecosystem meta-governance delegate program (UADP), which is operated outside of Areta’s purview.
Our Work
Areta governance specializes in the development of capital allocation strategies, structuring and operating innovative grant programs, and the design of robust and effective contributor programs. For the UAGP, Areta designed a best-in-class and innovative cross-ecosystem grant program, funding projects that strengthen the ties between leading web3 ecosystems.
About Uniswap
Uniswap is a cornerstone of decentralized finance, facilitating over $489 billion in trade volume and 71 million trades, revolutionizing how users interact with liquidity in a decentralized manner. With over 300 integrations, Uniswap’s reach spans across numerous networks and platforms, enabling seamless decentralized trading. Further, one of the foremost DAOs in web3, Uniswap’s governance is powered by more than 4,400 community delegates, ensuring a decentralized and community-driven approach to protocol development and decision-making.
About Arbitrum
Arbitrum is one of the leading venues of Ethereum's scalability, commanding a substantial 40% of the Layer 2 market share. With 1.13 million active wallets, $14.09 billion in total value locked (TVL), and over 1.25 billion total transactions, Arbitrum is one of the leading venues driving Ethereum's scalability. Built as an Optimistic Rollup, Arbitrum reduces gas fees and increases transaction speed while maintaining Ethereum's security and decentralization. Additionally, Arbitrum plays host to many top DeFi protocols and boasts an ecosystem of orbit chains, all building on top of the Arbitrum tech stack, further expanding its influence in the Layer 2 space.