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Uniswap Foundation to Adopt Wyoming's DUNA Framework to Promote Protocol Fee Mechanism

Summary: In a recent announcement, it is planned to allocate $16.5 million worth of UNI to settle past taxes and legal defense budgets. The new entity will not alter the Uniswap protocol, tokens, or governance structure, and fee revenue cannot be directly distributed to UNI holders.

In a recent announcement, it is planned to allocate $16.5 million worth of UNI to settle past taxes and legal defense budgets. The new entity will not alter the Uniswap protocol, tokens, or governance structure, and fee revenue cannot be directly distributed to UNI holders.

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Link: Uniswap Foundation to Adopt Wyoming's DUNA Framework to Promote Protocol Fee Mechanism [Copy]

Last: Data: $420 million liquidated across the entire network in the past 24 hours, with long positions liquidated at $208 million and short positions at $212 million

Next: Uniswap Foundation Proposes DUNA DAO Structure, Paving the Way for Fee Switch

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