1. **Research and Development (45% or $90,000)**:
 - Smart Contract Development ($40,000): Mathematical groundwork and coding smart contracts for both Uniswap V3 and V4 Delta Neutral Strategies. This includes paying for developer hours, purchasing necessary software tools, and covering other related expenses.
 - Algorithm Design and Testing ($25,000): Crafting complex algorithms to optimize the strategies, followed by rigorous backtesting using historical data and simulated market conditions to validate their effectiveness.
 - Integration and Compatibility Testing ($20,000): Ensuring seamless integration of our strategies with Uniswap V3 and V4 platforms, including testing for compatibility with various wallets and other DeFi protocols.
 - Research Expenses ($5,000): Covering costs for accessing premium market data, subscribing to research tools, and other expenses related to staying abreast of the latest DeFi trends and innovations.

2. **Security Audit (25% or $50,000):**
 - External Audit Firm Fees ($40,000): Hiring reputable security audit firms to conduct a full audit of our smart contracts, identifying and addressing potential vulnerabilities for both Uniswap V3 and V4 smart contract.
 - Contingency Funds for Audit Follow-ups ($10,000): Reserved for addressing any unforeseen issues or additional audit rounds needed post-initial audits.

3. **Maintenance & Bootstrapping (20% or $40,000):**
 - Operational Costs ($15,000): Ongoing costs for server hosting, infrastructure maintenance, and other IT-related expenses.
 - Liquidity Provision ($10,000): Initial liquidity funding to establish and demonstrate the strategy's viability in live market conditions.
 - Strategy Optimization and Updates ($10,000): Continuous improvement of the strategies based on market feedback and performance analysis.
- Emergency Fund ($5,000): Set aside for unanticipated operational challenges or urgent system updates.

4. **Marketing (10% or $20,000):**
 - Marketing Campaigns ($4,000): Creating and executing online ad campaigns across social media and campaign platforms.
 - Partnership and Networking ($6,000): Building relationships with influencers, and other key figures in the DeFi space to increase visibility and credibility.
 - User Incentivization and Early Participant Rewards ($10,000): Offering an additional $10,000 in rewards as an incentive to early participants to encourage initial engagement and boost user adoption.