Proposal #13
The Nomic Foundation aims to benefit the entire Ethereum ecosystem, which is why we’re fundraising across multiple organizations and individuals within it. The Ethereum Foundation is leading this round of contributions with $8M, alongside contributions from Vitalik Buterin, Coinbase, Consensys, The Graph, Polygon, Chainlink, Gnosis, a16z, a_capital, and Kaszek Ventures. These donors make up $15M, and we’re aiming to raise $15M more.
Generally, we think that allocating capital to the Nomic Foundation makes strategic sense for any protocol treasury that is aligned long term with the growth of Ethereum, and we’ve approached and will continue approaching several protocols. Currently, Uniswap is built using Hardhat. While this is a signal of Hardhat’s value, the projects that the Nomic Foundation will deliver will create more value not just for Uniswap, but for the entire ecosystem. We’ll provide services to the Ethereum community that will:
We believe this grows the market for everyone, including Uniswap, and we’d love to have the Uniswap DAO contribute $5m in funding to this community effort .
I'm choosing abstain to show that while I've been thinking deeply about this proposal, I don't have enough conviction to vote yes or no. On the one hand, I think Nomic's tools add a lot of value to the ecosystem. The Uniswap core team has used them, and I have used them myself as well. I think funding Nomic is a good thing for Uniswap and the ecosystem. On the other hand, I'm having a difficult time determining what amount is appropriate here. There are competing tools (dapp.tools, https://github.com/gakonst/foundry), and so my weak preference would be a smaller grant while we see how usage plays out.