# Uniswap Foundation Eyeing Refreshed Entity Under WY Framework

*Author: Bankless*
*Published: Aug 11, 2025*
*Source: https://www.bankless.com/read/uniswap-foundation-eyeing-refreshed-entity-under-wy-framework*

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Uniswap’s decentralized governance body reopened its long-debated “fee switch” proposal—potentially directing a cut of protocol trading fees to UNI holders—while also exploring legal incorporation under Wyoming’s DUNA framework, [The Block](https://www.theblock.co/post/366257/uniswap-foundation-eyes-protocol-fee-switch-with-proposed-wyoming-duna-wrapper-for-its-dao) reports.

### What’s the Scoop?
- **Fee Switch Comes Back:** The DAO agreed to vote on activating the “fee switch” this summer, possibly bundled with the plan to become a legally recognized DUNA entity in Wyoming.
- **Big Money on the Table:** Uniswap processed over $91 million in swap fees in the last month alone, offering a sizable potential revenue stream for token holders if activated.
- **Past Pushback Collapsed:** A previous vote was canceled amid claims of VC influence and governance doubts—highlighting long-running friction between decentralization ideals and institutional power dynamics.
- **DUNA Offers Legal Clarity:** Wrapping the DAO in Wyoming’s Decentralized Unincorporated Nonprofit Association structure could help it gain legal recognition, contract authority, and liability protection.
- **Quorum Still a Concern:** Despite the value at stake, voter apathy and vote concentration remain a problem. Recent attempts missed quorum, underscoring persistent engagement gaps.
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