duni

According to GMGN market data, the market capitalization of the DAO-related token DUNI, released by the Uniswap Foundation on Zora in September, has risen to $7.08 million, with a 24-hour increase of 8489% and a 24-hour trading volume of $440,000.In September this year, the Uniswap Foundation published a statement on Zora urging the U.S. Treasury and the IRS to provide clear and convenient legal pathways for decentralized autonomous organizations (DAOs), stating that all proceeds from the related tokens would be donated to the DeFi Education Fund to support their ongoing efforts for the entire DeFi industry.

ChainCatcher news, according to the Snapshot governance page, the Uniswap community has voted to approve the establishment of the DUNI legal entity temperature check proposal, which will undergo a second vote on-chain.The proposal states that Uniswap intends to adopt a decentralized, unregistered, non-profit association (DUNA) registered in Wyoming as the legal structure for the governance protocol and to establish a legal entity named 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 regarding legal structure and liability protection, while not 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.