Uniswap Foundation，Wyoming Duna和費用分配：Uni的新時代？

UNISWAP基金會提出了一個懷俄明州的DUNA結構，該結構可以解鎖Uni持有人的費用分配。讓我們深入研究潛在的影響。

Uniswap Foundation, Wyoming DUNA, and Fee Distribution: A New Era for UNI?

Uniswap Foundation，Wyoming Duna和費用分配：Uni的新時代？

The Uniswap Foundation is shaking things up with a proposal to adopt a Wyoming Decentralized Unincorporated Nonprofit Association (DUNA). This move could finally unlock the much-anticipated fee distribution for UNI holders. Let's break it down.

UNISWAP基金會正在提出通過懷俄明州分散的非成立非營利協會（DUNA）的提議。此舉最終可以解鎖Uni持有人備受期待的費用分配。讓我們分解。

What's the Buzz About DUNA?

杜納的嗡嗡聲是什麼？

On August 11, the Uniswap Foundation dropped a Request for Comment (RFC) suggesting a Wyoming-registered DUNA as the legal backbone for the Uniswap DAO. Think of it as giving the DAO a legal suit to wear in the real world, potentially opening doors to distributing those sweet, sweet Uniswap fees (we're talking over $100 million from last month alone!).

8月11日，UNISWAP基金會放棄了置評請求（RFC），建議由懷俄明州註冊的Duna作為Uniswap DAO的合法主幹。可以將其視為使DAO在現實世界中穿著法律套裝，有可能打開大門，以分發那些甜美的甜蜜單稅費（僅上個月就談論超過1億美元！）。

This legal clarity could also bring a bunch of other perks and responsibilities to the organization, what they call "off-chain" stuff. But here's the kicker: the initial proposal didn't exactly set the internet on fire, with relatively low engagement on the Uniswap Governance Forum. Still, it's early days, and more developments are definitely on the horizon.

這種法律上的清晰度還可以為組織帶來其他許多福利和責任，他們稱之為“離鏈”的東西。但這是踢腳者：最初的提案並沒有完全使互聯網著火，在Uniswap治理論壇上的參與度相對較低。儘管如此，現在是早期，而且肯定會有更多的發展。

DUNI: The Legal Superhero?

窮人：合法的超級英雄？

If this proposal gets the thumbs-up in a DAO vote, the entity, dubbed ‘DUNI,’ will be registered under Wyoming's DUNA legal framework. Apparently, the Uniswap Foundation teamed up with Cowrie (founded by David Kerr, who's nominated as DUNI's “Administrator”) to navigate these legal waters. There's also a "Ministerial Agent" role, initially filled by the Uniswap Foundation itself.

如果該提議以DAO投票獲得大拇指，則該實體被稱為“ Duni”，將根據懷俄明州的Duna法律框架進行註冊。顯然，UNISWAP基金會與Cowrie（由David Kerr創立，被提名為Duni的“管理員”），以瀏覽這些法律水域。還有一個“部長代理人”角色，最初是由Uniswap基金會本身填寫的。

These roles aren't about making big decisions; they're more like the responsible adults ensuring everything runs smoothly and legally. The Ministerial Agent handles paperwork and fund transfers, while the Administrator tackles taxes and compliance. Crucially, neither role has the power to go rogue and make independent policy decisions. Governance stays firmly in the hands of the DAO.

這些角色不是做出重大決策。他們更像是負責任的成年人，以確保一切順利和合法運行。部長代理人處理文書工作並進行資金轉讓，而管理員則處理稅收和遵守情況。至關重要的是，這兩個角色都沒有能力進行流氓並做出獨立的政策決定。治理堅定地掌握在道德手中。

The Million-Dollar Question: Fee Distribution

百萬美元的問題：收費分配

Here's what UNI investors are really drooling over: the potential activation of the “fee switch.” This would redirect a portion of transaction fees (currently going entirely to liquidity providers) to a protocol-controlled treasury or even UNI token holders. Imagine the possibilities: funding community projects, fueling development, or rewarding loyal UNI holders.

這是UNI投資者真正流口水的內容：“費用轉換”的潛在激活。這將重新將部分交易費用（目前完全用於流動性提供商）重新定位到協議控制的財政部，甚至是Uni代幣持有人。想像一下可能性：為社區項目提供資金，推動發展或獎勵忠實的UNI持有人。

Of course, there's a catch. Siphoning off fees could reduce incentives for liquidity providers, potentially impacting liquidity. This has been debated since 2020, with a pilot vote in 2022 to test the waters. Legal clarity under the Wyoming DUNA framework comes with its own price tag, including taxes. The proposal suggests transferring $16.5 million worth of UNI to DUNI’s treasury to cover these costs, plus $75,000 for Cowrie’s services.

當然，有一個漁獲。偷偷摸摸的費用可以減少流動性提供者的激勵措施，從而可能影響流動性。自2020年以來，這是辯論的，在2022年進行了飛行員投票，以測試水域。懷俄明州DUNA框架下的法律清晰度具有其自身的價格標籤，包括稅收。該提案建議將價值1650萬美元的Uni轉移到Duni的財政部，以支付這些費用，並為Cowrie的服務提供75,000美元。

My Two Sats: A Calculated Risk Worth Taking

我的兩個SAT：一個值得採取的計算的風險

While the fee switch has potential downsides, the long-term benefits of legal clarity and potential revenue streams for UNI holders seem to outweigh the risks. The Uniswap Foundation's proactive approach to navigating the regulatory landscape is a positive sign for the future of the protocol. The key will be finding a balance that incentivizes both liquidity providers and UNI holders, ensuring a thriving ecosystem for all.

儘管費用轉換具有潛在的弊端，但法律清晰度的長期收益和UNI持有人的潛在收入來源似乎超過了風險。 UNISWAP基金會在監管格局中駕駛的積極主動方法是該協議未來的積極信號。關鍵將是找到激勵流動性提供者和UNI持有人的平衡，以確保所有人蓬勃發展的生態系統。

The Road Ahead

前面的道路

The coming weeks and months will be crucial as the Uniswap community debates and ultimately votes on this proposal. Keep an eye on the Uniswap Governance Forum for updates and be sure to voice your opinion. The future of Uniswap, and potentially your UNI holdings, may depend on it!

隨著UNISWAP社區的辯論，並最終對該提案進行投票，接下來的幾周和幾個月將是至關重要的。請密切關注Uniswap治理論壇以進行更新，並確保發表意見。 UNISWAP的未來以及您的UNI持有的可能性可能取決於它！

So, there you have it. The Uniswap Foundation is making moves, Wyoming is becoming a crypto-friendly haven, and fee distribution might finally be within reach. It's like waiting for that pizza delivery guy, and you can almost smell the cheesy goodness. Let's hope this proposal goes the distance, and we can all enjoy a slice of the Uniswap pie soon!

所以，你有。 UNISWAP基金會正在採取行動，懷俄明州正在成為一個對加密貨幣友好的避風港，收費分配最終可能會觸及。這就像等待那個披薩送貨員，您幾乎可以聞到俗氣的美感。希望這個建議能夠遙不可及，我們所有人都可以盡快享受uniswap派！