Overview
- Uniswap Foundation has published a request for comment to establish Uniswap Governance as DUNI, a Wyoming Decentralized Unincorporated Nonprofit Association under the state’s DUNA statute.
- The proposal delineates distinct non-discretionary roles for a Ministerial Agent and an Administrator to execute off-chain compliance and administrative tasks under governance oversight.
- Achieving DUNA status would grant the DAO legal standing to contract, hold assets, sue and be sued, and potentially shield token holders from general partnership liability.
- The legal clarity could unlock formal treasury management, hiring of professional services and a vote to activate a long-stalled fee switch for UNI token holders.
- The RFC now moves to governance deliberation and a formal vote, with adoption requiring further legal consultation and potentially setting a precedent as the largest DAO under Wyoming’s DUNA framework.