🚨The DeFi Education Fund and Uniswap Foundation provided a submission to the SEC Crypto Task Force focused exclusively on DAOs. 

What’s the TLDR? See the 🧵 👇

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Specifically, we present two main theses for consideration of the SEC Task Force:

1️⃣ First, we provide an overview of DAOs & Network Tokens, and discuss smart-contract based governance. 

2️⃣ Then, we get into prior SEC actions and pronouncements concerning DAOs, and explain why further guidance related to DAOs and decentralization is of the utmost importance.

For context, our submission is in response to Commissioner Hester Peirce’s Feb 21, 2025 Statement: “There Must Be Some Way Out Of Here.” 

While the statement does not specifically mention DAOs, Commissioner Peirce *did* ask for comments on matters that are critical to DAOs, like governance and dispersion of control.