On April 14, DeFi research and risk management company Gauntlet announced the launch of the first phase of the months-long liquidity incentive campaign, which was first launched on Unichain. This launch originated from the Uniswap Unleashed governance proposal adopted by the Uniswap community on March 21, 2025, and Gauntlet was designated to be responsible for the implementation and optimization of incentives. The event will be launched on April 15, 2025, and will distribute $5 million in UNI rewards to 12 different liquidity pools on Unichain to incentivize LPs (liquidity providers) to help form deep, sustainable liquidity on the most promising new L2 in this ecosystem. The specific allocation will be announced on the day the event begins on April 15, 2025.