# Establish Uniswap Governance as "DUNI," a Wyoming DUNA
AI summary
This proposal seeks to establish Uniswap Governance as a Wyoming-registered Decentralized Unincorporated Nonprofit Association (DUNA) named "DUNI." This new legal entity would allow Uniswap Governance to engage in off-chain activities like signing contracts and retaining service providers, while maintaining its decentralized structure. The DUNA is designed to provide legal clarity and liability protection for participants in Uniswap's governance.
If passed, Uniswap's governance participants would gain limited liability protection, reducing their personal exposure to potential legal or tax liabilities. This change would not alter the Uniswap Protocol, UNI token, or on-chain governance mechanics, but would enable the DAO to operate more effectively in the traditional legal and financial world. The Uniswap Foundation has worked with a firm called Cowrie to research this option.
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Establish Uniswap Governance as "DUNI," a Wyoming DUNA
Summary
The Uniswap Foundation ("UF") proposes that Uniswap Governance adopt a Wyoming-registered Decentralized Unincorporated Nonprofit Association ("DUNA") as the legal structure for the Uniswap Governance Protocol. This new legal entity, called "DUNI", will be purpose-built to preserve Uniswap's decentralized governance structure while enabling engagement with the offchain world (e.g., entering into contracts, retaining service providers, and fulfilling any potential regulatory and tax responsibilities).
If adopted, DUNI will be…