PANews reported on November 4 that the Uniswap Foundation released its November update, covering major developments from summer to date, including new projects, research funding, and developer activities.

1. Unichain Project : In October, the Unichain testnet was launched as a new Ethereum L2 solution to support DeFi applications. In addition, a $20,000 bonus was offered to developers at the ETH Global San Francisco Hackathon and a Unichain dinner was held.

2. Funding plan : The Foundation continues to fund developers, including providing $850,000 in support for the development of the Hooks contract library for OpenZeppelin to promote security and standardization. In addition, up to $50,000 in funding is provided each year for research projects on cryptoeconomics.

3. Governance innovation : Introduced the “conditional funding market” to promote innovation in decentralized governance models by supporting Butter’s $200,000 grant.

4. Upcoming events : The Foundation plans to hold a Uniday event during Devcon in Bangkok on November 11 to explore the future of the on-chain market.

It is reported that Ethereum Devcon 7 will be held in Bangkok, Thailand from November 12th to 15th .