Uniswap Foundation Plans to Adopt Wyoming DUNA Legal Framework

According to Jinse Finance, the Uniswap Foundation has proposed establishing a new legal entity named "DUNI" for its governance organization under the Wyoming "Decentralized Unincorporated Nonprofit Association (DUNA)" framework. This move aims to preserve the existing governance structure while meeting compliance, tax, and contract signing requirements. The proposal plans to allocate $16.5 million worth of UNI to this entity to settle historical tax liabilities and penalties, which are expected to be less than $10 million, and to set up a legal defense budget. The Foundation's Chief Legal Officer stated that this step will lay the groundwork for enabling protocol fees in the future (allocating a portion of LP fees to the DAO treasury). Under this framework, fee income cannot be directly distributed to UNI holders, nor will it alter Uniswap's decentralized governance model.