Uniswap Foundation plans to establish a new legal entity in Wyoming

The Uniswap Foundation proposes to adopt the DUNA legal framework in Wyoming and establish a new legal entity called "DUNI" to preserve the existing governance structure and meet compliance requirements. The fund accountant will allocate 16.5 million US dollars in UNI to the entity to settle historical taxes and fines, and establish a legal defense budget. This move aims to lay the foundation for future adoption of protocol fees while maintaining a decentralized governance model.