The Uniswap community took the first step by conducting a temperature check vote on "establishing the DUNI legal entity" to open the protocol fee switch.
According to BlockBeats news on September 4th, the Uniswap community voted to pass the temperature check proposal "Establish DUNI Legal Entity" on the Snapshot governance page, which will undergo a second vote on-chain. The proposal states that Uniswap plans to adopt a decentralized, non-registered, non-profit association (DUNA) registered in Wyoming as the legal structure for the governance protocol and to establish a legal entity called "DUNI." DUNI aims to maintain a decentralized governance structure while supporting off-chain operations, such as signing contracts, hiring service providers, and fulfilling regulatory and tax obligations. This entity will recognize the binding effect of on-chain governance proposals, providing members with certainty in legal structure and liability protection, without affecting the core mechanisms of the Uniswap protocol, UNI Token, or on-chain governance. In the vision of Uniswap's governance evolution, governance can unlock protocol fees, fund innovation, establish partnerships, and confidently address legal obligations.
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The Uniswap community took the first step by conducting a temperature check vote on "establishing the DUNI legal entity" to open the protocol fee switch.
According to BlockBeats news on September 4th, the Uniswap community voted to pass the temperature check proposal "Establish DUNI Legal Entity" on the Snapshot governance page, which will undergo a second vote on-chain. The proposal states that Uniswap plans to adopt a decentralized, non-registered, non-profit association (DUNA) registered in Wyoming as the legal structure for the governance protocol and to establish a legal entity called "DUNI." DUNI aims to maintain a decentralized governance structure while supporting off-chain operations, such as signing contracts, hiring service providers, and fulfilling regulatory and tax obligations. This entity will recognize the binding effect of on-chain governance proposals, providing members with certainty in legal structure and liability protection, without affecting the core mechanisms of the Uniswap protocol, UNI Token, or on-chain governance. In the vision of Uniswap's governance evolution, governance can unlock protocol fees, fund innovation, establish partnerships, and confidently address legal obligations.