Hi,
Thanks for the update.
There is one item I wanted to ask about, specifically the more than $1.2M committed to the v4 audits (and most of it disbursed already). I would expect that Uniswap Labs, a for-profit organization with a large budget and its own funding, would take care of all development-related expenses. Moreover, Uniswap v4 core code is not open source; it’s licensed by the Labs under the BSL until 2027-06-15.
Could you explain the reasoning behind the Foundation taking on the auditing costs?