Uniswap Foundation (UF) is under scrutiny for its executive compensation levels, which have been described as "exceptionally high" by @ImperiumPaper. The criticism comes as a comparison is drawn with the Optimism Grants Council, which operates with a similar funding model. The Optimism Grants Council had a budget of approximately $63.5 million, with $2.14 million allocated for staff compensation and an additional $500,000 for related expenses.
In contrast, Uniswap Foundation's financial statements reveal that it distributed $9.9929 million in grants, while spending $4.7943 million on employee salaries, of which $3.8711 million was for executive pay. This means that 22% of UF's total expenditures in 2024 were directed towards executive salaries, despite the foundation's grant distribution being only about 20% of the scale of the Optimism Grants Council.
Uniswap Foundation Faces Criticism Over High Executive Salaries
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