Uniswap Foundation，Wyoming Duna和费用分配：Uni的新时代？

UNISWAP基金会提出了一个怀俄明州的DUNA结构，该结构可以解锁Uni持有人的费用分配。让我们深入研究潜在的影响。

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

Uniswap Foundation，Wyoming Duna和费用分配：Uni的新时代？

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基金会正在提出通过怀俄明州分散的非成立非营利协会（DUNA）的提议。此举最终可以解锁Uni持有人备受期待的费用分配。让我们分解。

What's the Buzz About DUNA?

杜纳的嗡嗡声是什么？

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基金会放弃了置评请求（RFC），建议由怀俄明州注册的Duna作为Uniswap DAO的合法主干。可以将其视为使DAO在现实世界中穿着法律套装，有可能打开大门，以分发那些甜美的甜蜜单税费（仅上个月就谈论超过1亿美元！）。

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.

这种法律上的清晰度还可以为组织带来其他许多福利和责任，他们称之为“离链”的东西。但这是踢脚者：最初的提案并没有完全使互联网着火，在Uniswap治理论坛上的参与度相对较低。尽管如此，现在是早期，而且肯定会有更多的发展。

DUNI: The Legal Superhero?

穷人：合法的超级英雄？

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.

如果该提议以DAO投票获得大拇指，则该实体被称为“ Duni”，将根据怀俄明州的Duna法律框架进行注册。显然，UNISWAP基金会与Cowrie（由David Kerr创立，被提名为Duni的“管理员”），以浏览这些法律水域。还有一个“部长代理人”角色，最初是由Uniswap基金会本身填写的。

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.

这些角色不是做出重大决策。他们更像是负责任的成年人，以确保一切顺利和合法运行。部长代理人处理文书工作并进行资金转让，而管理员则处理税收和遵守情况。至关重要的是，这两个角色都没有能力进行流氓并做出独立的政策决定。治理坚定地掌握在道德手中。

The Million-Dollar Question: Fee Distribution

百万美元的问题：收费分配

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.

这是UNI投资者真正流口水的内容：“费用转换”的潜在激活。这将重新将部分交易费用（目前完全用于流动性提供商）重新定位到协议控制的财政部，甚至是Uni代币持有人。想象一下可能性：为社区项目提供资金，推动发展或奖励忠实的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.

当然，有一个渔获。偷偷摸摸的费用可以减少流动性提供者的激励措施，从而可能影响流动性。自2020年以来，这是辩论的，在2022年进行了飞行员投票，以测试水域。怀俄明州DUNA框架下的法律清晰度具有其自身的价格标签，包括税收。该提案建议将价值1650万美元的Uni转移到Duni的财政部，以支付这些费用，并为Cowrie的服务提供75,000美元。

My Two Sats: A Calculated Risk Worth Taking

我的两个SAT：一个值得采取的计算的风险

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.

尽管费用转换具有潜在的弊端，但法律清晰度的长期收益和UNI持有人的潜在收入来源似乎超过了风险。 UNISWAP基金会在监管格局中驾驶的积极主动方法是该协议未来的积极信号。关键将是找到激励流动性提供者和UNI持有人的平衡，以确保所有人蓬勃发展的生态系统。

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!

随着UNISWAP社区的辩论，并最终对该提案进行投票，接下来的几周和几个月将是至关重要的。请密切关注Uniswap治理论坛以进行更新，并确保发表意见。 UNISWAP的未来以及您的UNI持有的可能性可能取决于它！

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基金会正在采取行动，怀俄明州正在成为一个对加密货币友好的避风港，收费分配最终可能会触及。这就像等待那个披萨送货员，您几乎可以闻到俗气的美感。希望这个建议能够遥不可及，我们所有人都可以尽快享受uniswap派！