Uniswap is one of the first protocols that come to mind for years when it comes to defi and they are taking an important step today. Trump’s latest controversial statements and dozens of developments have limited prices to prices. However Uni price It rose by more than 6 percent. So this is a really important development for the protocol.
Uniswap News
Uniswap is the largest protocol as the decentralized crypto currency exchange and the Uniswap Foundation behind it. Now this foundation goes to the next stage and this is the basis of the announcement. Under the framework of the non -profit association (Duna), a new legal entity is proposed for governance. The new legal entity DAO, which is called “Dunı, will solve the governance structure of DAO, such as the preservation of service providers, regulatory and tax compliance obligations. The new structure will have the legal framework for the fulfillment of all these obligations.
16.5 million dollars for this structure Uni coin will be allocated. Thus, things such as tax liabilities of past years and the legal defense budget can be financed. It will also be able to transfer a significant portion of the UNISWAP LP fees to the DAO treasury, which will put the protocol fees into play.
“With the legal framework, a great expansion will be provided in the areas where Duna can do, participate and make transactions. Of course, it paves the way for the voting of wage change… And in fact, while officializing the activities of Uniswap’s governance, this collective decision -making process protects the participants.” – Uniswap Foundation General Advisor Brian Nists
The DAOs haven’t made much progress since the days they appeared. So this is a common thing in the crypto. The story is very beautiful at first, it finds too many buyers, but when it comes to practice, there is zero. Thanks to Duna, DAO’s operational capabilities will also come to life in practice.
UNI Coin Rise
Paved the way for protocol fees, UniswapFilling the legal gaps without entering the central authority guidance and DAO’s life for more growth is the main reasons for the increase in Coin price.
Rising from $ 10,87 to 12 dollars UNI Coin Price Now he finds buyers for $ 11.6. The 12 -dollar level was an important resistance point and a 58 %decrease in the mid -last year was marked as a local summit. With Trump’s task, the price reached $ 19.5 with a tariff chaos and now once again at the breaking point.
If closing over $ 12 starts, we can see new summits between 15.5 and $ 18.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
