The Uniswap Foundation tracks and measures grant outcomes through a structured process that emphasizes transparency and accountability at every stage:
- Milestone-Based Funding: Each grant is broken down into milestones, with deliverables tied to each stage. Payments are made when these deliverables and milestones are met, ensuring that grantees are accountable for the outcomes they promised.
- KPI Tracking: Success metrics and KPIs are established for every grant. Grantees are required to report progress against these KPIs on a quarterly basis, and these metrics are aligned with the Foundation’s broader goals.
- Regular Check-Ins: Grantees have weekly or bi-weekly check-in calls on milestone and performance. They also have quarterly KPI reviews with the Foundation’s team to ensure ongoing alignment and to address any issues in real time.
- Reporting: The Foundation publishes summaries of grant commitments and disbursements, as well as detailed memos for grants above certain thresholds. It also issues semi-annual Ecosystem Impact Reports to provide comprehensive updates on grant performance and impact.
In summary, the Foundation both measures and reports on the outcomes of grants, with a focus on KPI attainment, and ongoing communication with grantees. This process ensures that if someone promises to do X in return for $Y, the achievement of Z (the intended outcome) is actively tracked, measured, and reported back to the community.