The Uniswap Foundation has launched a bold proposal. It involves implementing the DUNI structure, inspired by Wyoming's DUNA framework. It could be a big change for Uniswap.



With DUNI, the Uniswap DAO would enter a formal legal structure. This would allow it to do many new things. Sign contracts, comply with regulations, and more. All without losing its decentralized essence.

It seems that the Foundation is looking to solve some underlying issues. The lack of off-chain infrastructure is one of them. Also, the legal protections for governance. DUNI could be the answer.

There are $16.5 million in UNI allocated for tax and legal matters. The Foundation believes that its agreement with the IRS will be less than $10 million if this moves forward. Interesting.

The moment is curious. Regulatory agencies in the U.S. are softening their stance on crypto. The president of the SEC announced the "Crypto Project". Coincidence?

The price of UNI rose by 2% after the announcement. The market seems optimistic. We'll see what happens.
UNI4.98%
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