BlockBeats news, on August 12, according to HTX market data, influenced by favorable news regarding the fee switch, UNI briefly surged over 8%, currently priced at $11.8.
BlockBeats previously reported that the Uniswap Foundation recently proposed to establish a new legal entity named 'DUNI' under the 'Decentralized Non-Profit Corporation' (DUNA) legal framework in Wyoming for its governance organization. The Uniswap Foundation noted in the announcement that adopting the DUNA framework will pave the way for activating protocol fees, at which point a portion of the liquidity provider fees will be transferred to the DAO treasury.
