Uniswap’s $16.5 million DUNI Reshapes DAO Governance

- Uniswap Foundation proposes establishment of DUNI under Wyoming's DUNA framework - Initiative aims to formalize the DAO, enable compliance, and support future governance decisions On August 11, 2025, The Block reported that the Uniswap Foundation proposed a bold $16.5 million initiative to create a new legal entity, “DUNI,” under Wyoming's Decentralized Unincorporated Nonprofit Association (DUNA) framework. This move provides a formal structure for Uniswap’s decentralized autonomous organization (DAO), enabling it to manage regulatory compliance, contracts, and taxes while maintaining its decentralized nature. The initiative allocates $16.5 million in UNI tokens to cover anticipated tax obligations and legal defense expenses, and it also earmarks $75,000 to retain the advisory firm Cowrie as DUNI’s administrator. These strategic measures are designed to help the DAO navigate a regulated landscape and safeguard its decentralized attributes. In addition, the proposal lays the groundwork for a potential DAO vote on a "fee switch." If approved, this mechanism would reroute a portion of liquidity providers’ earnings to the DAO’s treasury, significantly bolstering its financial resources. According to The Block on August 11, Uniswap (UNI) was trading at $11.508, reflecting a 3.982% surge in 24-hour trading volume.