The Uniswap community has voted to approve the "Establish DUNI Legal Entity" proposal, marking the first step in creating a Decentralized Unincorporated Nonprofit Association (DUNA) in Wyoming. Named "DUNI," this entity aims to support Uniswap's off-chain operations, including contracting and regulatory compliance, while maintaining its decentralized governance structure. The proposal will undergo a second on-chain vote to finalize the decision.
DUNI is designed to provide legal certainty and liability protection for its members without affecting the Uniswap protocol, UNI token, or on-chain governance mechanisms. This move is part of a broader vision to enable protocol fees, fund innovation, and foster partnerships while navigating legal obligations effectively.
Uniswap Community Approves Proposal to Form DUNI Legal Entity
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