Uniswap Foundation Grants $1.2 Million to Auditless for Protocol Innovation

According to Foresight News, the Uniswap Foundation is set to provide Auditless with a $1.2 million grant to support protocol innovation. Auditless will receive funding for at least one year and will assemble a team to achieve its objectives. With this grant, Auditless will initiate the Protocol Grants Program, aimed at creating value for all stakeholders by reducing execution costs and delays, improving the core user experience of the protocol, and exploring other opportunities. In the future, Auditless will provide protocol hook funding for the launch of Uniswap v4 and will work closely with the funded teams to launch these hooks. They will also explore opportunities for future protocol extensions and improvements, including token issuance, routing, and lending. Additionally, Auditless will participate in business development, market marketing, and coordination with other Uniswap Foundation grant managers to establish plans that complement the launch of new protocols or support protocol infrastructure.