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The Uniswap Foundation has announced the introduction of a new legal entity called DUNI, aiming to strengthen its decentralized autonomous organization (DAO) governance. The proposed structure, designed under Wyoming’s Decentralized Unincorporated Nonprofit Association (DUNA) law, enables Uniswap to engage in formal contracts and fulfill its tax obligations without compromising decentralization.
The creation of DUNI is geared towards ensuring the long-term sustainability of decentralized finance.
Source: cryptotale.org
