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UNI Surges Over 8% on Positive News Related to Fee Switch

Summary: According to HTX market data, UNI surged over 8% in the short term due to positive news related to the fee switch, now trading at $11.8. The Uniswap Foundation recently proposed establishing a new legal entity named DUNI under the decentralized autonomous non-profit association (DUNA) legal framework in Wyoming. The foundation stated that adopting the ...

According to HTX market data, UNI surged over 8% in the short term due to positive news related to the fee switch, now trading at $11.8. The Uniswap Foundation recently proposed establishing a new legal entity named DUNI under the decentralized autonomous non-profit association (DUNA) legal framework in Wyoming. The foundation stated that adopting the DUNA framework will pave the way for protocol fees and transfer some liquidity provider fees to the DAO treasury.

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