Establish Uniswap Governance as “DUNI,” a Wyoming DUNA (Snapshot)
Summary:
The proposal is to establish “DUNI,” a Wyoming-registered Decentralized Unincorporated Nonprofit Association, as the legal entity for Uniswap Governance. It requests $16.5M in UNI for a legal defense and tax budget and $75k in UNI for Cowrie as compliance administrator.
Vote: FOR
Rationale:
We thank the proposers for the considerable work involved in developing this framework, which represents a decisive milestone for the DAO. Historically, the absence of liability protections and tax certainty has created a chilling effect on governance participation, and this step offers long-needed clarity and security for token holders. What is especially important is that the structure does not introduce centralized control, but instead codifies the primacy of Uniswap DAO’s decisions while equipping it to meet regulatory and tax obligations. We view this as a natural evolution of the DAO, one that both protects participants and enhances Uniswap’s credibility and competitiveness in a rapidly maturing environment.