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0x073f…2e63

All memos sent from and to 0x073f…2e63.
0x073f0dc5…2e63sent to0xf790a5f5…1365·#25,800,397·0xe5dbae70…bd5a77
The fact that we have a proposal up at Nouns to cancel a donation stream and we are prioritizing this before going after people who have stolen from the DAO is mind blowing to me. We are supposed to be a DAO focused on public goods and we want to cancel a donation stream, what a fall from grace
0x073f0dc5…2e63sent to0x6f3e6272…223d·#25,495,964·0x44a7b6cd…edb2d0
Nouncil has been the most consistent active voter in Nouns for years, it's also the most diverse voting block with a large percentage of voting coming down to the wire (1-2 votes) and thats a good thing. While Nouncil may have felt like a silo in the past, the current cohort is very diverse and brings alot of knowledge and experience into their voting. I'd like to thank Mike Goods for putting up this prop, even if it's not going to pass, it lets everyone still show their support for or against.
0x073f0dc5…2e63sent to0xf790a5f5…1365·#25,477,931·0x5f80b3e7…ef847a
Jarmen raised a valid point, happy to support a new version of this proposal that gives at least a '2 week notice' not including ~1 week for voting. I removed my sponsorship which cancelled the proposal.
0x073f0dc5…2e63sent to0xf790a5f5…1365·#25,467,669·0x1d937022…c55ef6
This is actually laughable.... 1) Nouns is a DAO, which means anyone is allowed to put up a proposal.... sounds very 'Ivory Tower' of you to say that because someone isn't a token holder their voice / opinion should not matter... pretty sure you participated in Nouns for YEARS without owning or being delegated a Noun... pretty sure you were upset when Noun 40 treated you that way, yet here we are full circle because WAGs gave you his delegation, so now you want to treat Beans the same way. 2) You sound like a high schooler...'I've heard people say bad things about Satori, therefore this proposal is unjust' I personally have never called Satori or anyone a b*tch, because thats not language I would use... but I have said NUMEROUS times that we are not getting value for this proposal: - There are barely any props passing, therefore there isnt much KYC work to do - We have had zero revenue coming in, so that reduces the accounting collaboration. - We have already gone through the tax process so it's not something new that needs to have operation flow designed. If you would think logically about this proposal it's hard to justify paying $60k a year for someone to sit on what, one call a month WITH Index, or maybe be available IF someone has a question AND Index isn't available? Satori said cancelling the prop would effect him because he has a mortgage and a kid... that's called EMOTIONAL MANIPULATION. If he's that concerned about losing his job, maybe he should provide value? 3) Your saying this prop is a personal vendetta of mine? Interesting because I actually have been rather inactive from the community for the past ~2 months preparing for a move and dealing with my cats unexpected cancer diagnosis... so truthfully I had ZERO to do with this candidate. I went to my first Nouncil call in 2 months last Thursday, Beans mentioned his candidate and asked for a Sponsor, so I sponsored.... but way to go assuming things. 4) It's hard to take you serious as a voice of ethics & morality considering you maliciously rugged the whole treasury from Food Nouns, you fleeced the DAO for money to research being a 501c3, then talk about wanting to wind down the Duna and fork. Get down from your high horse Wylin! +1 > it's inappropriate at best for a proposal of this nature to be put onchain given the proposer showed up in the past few months and is not a token-holder with skin in the game > > I've also personally been witness to and heard several accounts of the proposer/ sponsor and the groups they participate in slandering Satori's character, calling him a bitch and other names > > the proposal seems to be a personal vendetta of the sponsor, enacted through a third party by a particular biased context presented on hours-long Discord calls > > there are number of factors hurting Nouns as outlined in the Nouns is Dead candidate. some of it is the protocol design itself, some is the inability or unwillingness of large holders to coordinate with each other and with smaller token holders. > > the culture Lil Nouns & Nouncil have developed of viciously attacking anyone who doesn't spend 40 hours per week with them on Discord calls mocking other people, hating on large token holders and accusing anyone who is willing to work with them of being a grifter or extractor, accusing anyone who requests treasury funds for a new initiative of being an extractor despite these same people having been funded themselves several times over by Nouns and its subDAOs, is by far the most deleterious to the DAO and its members > > rather than taking action to innovate, create win-wins, and create new value, the rest of us are instead presented with impotent protest and facsimiles of action that either have no chance of passing before ever going onchain or are actively seeking to leverage the DAO to hurt other DAO members > > they say misery loves company, and unfortunately this group continues to try dragging the rest of us into their misery with them. > > --- > > "Sentiment is low, morale is lower, and the forums and calls that once felt like a shared project increasingly feel like a battlefield. > > Many long-time smaller holders now decline to engage at all with the newest cohort of large holders — and, in the experience of a great many contributors, those who do try to engage across that line, or who simply take an unpopular position, are met with pile-ons and personal attacks rather than argument. > > Some of the sharpest of that hostility has come from within organized blocs — Lil Nouners and Nouncil among them — and its effect has been an exodus of exactly the thoughtful, good-faith participants a healthy DAO most needs. This is the human mechanism behind the "small, fatigued core" above: it is not only that governance is tiring, it is that being here has become unpleasant, and enough capable people have concluded it is not worth the abuse. > > A DAO can, in principle, redesign a quorum or a reserve price; it cannot legislate its way back to trust once the culture has curdled this far."
0x073f0dc5…2e63sent to0xf790a5f5…1365·#25,012,886·0x1c1b9929…ce3c75
So funny that everyone seems to want to protect the treasury... yet we're pissing away $140k on DUNA Admin costs and about to spend another $20K for Wylin to 'scope out' a sister 501c3 for us when the Attorney is doing the work for free.... do you people not see the hypocrisy in all of this? Honestly, it's literally mind numbing to me!
0x073f0dc5…2e63sent to0x6f3e6272…223d·#25,012,860·0xe5c3d40d…834988
Why are we paying $140k in DUNA Admin costs... to turn around and pay an additional $20K in more admin costs when the Attorneys are doing this PRO BONO? It just continues to show the grift of this community, it appears no one actually really cares whats best for the DAO or the community as a whole, it's just a matter of how much they can squeeze and extract for themselves from the treasury.
0x073f0dc5…2e63sent to0x5d2c31ce…4039·#24,922,827·0x2f65e3fe…4e301b
+1 > There are better places to troll for reactions...this ain't it. Also, comparing Lil Nouns to Nouns DAO ignores the obvious: Nouns runs one auction per day. Totally different dynamics
0x073f0dc5…2e63sent to0x6f3e6272…223d·#24,912,264·0xa11c7f0b…4f9349
The idea of setting a reserve price 4-5X the value of current auction bids is just idiotic & performative, clearly you have ulterior motives.... if you feel strongly about a protocol change don't hide behind an anon account. "BV is irrelevant in a world where Nouns is a DUNA and forking is therefore illegal as a form of profit distribution to members." "Worth noting that governance dilution is an intentional part of the design. A Noun today represents a much smaller share of voting power than a Noun several hundred IDs ago." "The market should continue to dictate the value of membership." "setting an artificial floor at breakeven movement's average buy-in price feels like it undermines the natural governance dilution that makes nouns accessible. market forces should determine entry cost, not attempts to preserve existing holders' influence."
0x073f0dc5…2e63sent to0x5d2c31ce…4039·#24,897,336·0x7531d3a2…3ab58a
+1 > Scavenger hunts are fun, would like to know how people will be informed about the hunt so that more people can participate, like a partnership with Farcon to announce it and ensure more attendees partake
0x073f0dc5…2e63sent to0xf790a5f5…1365·#24,861,827·0x58e9e884…a24ad6
Mocking the Pope isn't 'Nounish' it's just disrespectful. He's the spiritual leader for over a billion Catholics. We can aim higher without cheap shots at someone's faith. Do better. +1 > What I heard on a recent call makes it sound like most people don't like nouns and the people who hold them, so why would we pay for everyone at a party to say bad things about us? > > Aim higher. When in Rome! > Persuade the Pope to either bid or become a holder. Something Nounish!
0x073f0dc5…2e63sent to0xf790a5f5…1365·#24,804,262·0x13bfc343…7a367f
It’s a 3 sentence proposal, read the first two sentences and stop acting like this proposal actually put in any effort to highlight any of his contributions…. I’m extremely sick of these low effort props. Don’t just put something up for the sake of wasting everyone’s time to vote, people should put effort in beyond 3 SENTENCES when asking for a governance token…. This proposal does a disservice to Leo. +1 > "This proposal asks to gift Noun 575 to him for his contributions beyond the funded proposals and loyalty to Nouns." > > why not
0x073f0dc5…2e63sent to0x6f3e6272…223d·#24,802,269·0x917bac66…c0ec39
Bad precedent to set, we shouldn’t reward Nouns for bad opsec…. Leo has had some great contributions to Nouns, the prop should have highlighted those accomplishments which could be worthy of a reward vs saying he got drained let’s give him a new Noun
0x073f0dc5…2e63sent to0xf790a5f5…1365·#24,739,478·0x5ee08515…88d5b6
'Let them cook' props are so 2025... it's nothing against you personally but I just can't in good conscious vote for a proposal that doesn't have a solid plan, concrete deliverables and a reasonable timeline... not sure we should be funding proposals that take 2 years to complete. Why not start with one pop up coffee event & lets see the results... the last two events we funded in 2025 that you hosted we were paying roughly $1000 per guest who showed up, not sure thats the best use of funds. The budget breakdown is also rather weak... in 'real life' a grant submission asking for $80k would require a 10 page application outlining everything down to the penny... here we have just an idea board of 'maybe this sounds good', its actually kind of offensive and shows we are not taking this grants process serious.
0x073f0dc5…2e63sent to0xf790a5f5…1365·#24,536,681·0xb3d88a7f…8010f4
We had a chat about this in DM, they didn't realize the meaning of that number to some parts of the world... so genuine misunderstanding & they updated their ask amount so now I am in support of it +1 > I can see how you think .666 eth is a meme number here, but i don't think that was the intention. Mindtoasted ia a great dude and artist and isn't 'demonic' bc of the ask amount.. lmao.. i get it, you dont like meme number asks like .420 or .69, but sometimes you can't help it if the value makes sense for the prop at hand. > > Anyways, def support this prop and mindtoasted. Ask seems low.. Good luck! > > +1 > > > Automatic against vote for demonic ‘meme’ values, it’s not funny it’s offensive.
0x073f0dc5…2e63sent to0xf790a5f5…1365·#24,532,627·0x28e2a769…82e8e0
dash-nouns-gg-stewardship So what happens after 5 months? I’m a huge fan of Nouns GG but we need to think of a long term solution, so I’d like to know what the plans / options are after the proposal period is over
0x073f0dc5…2e63sent to0x6f3e6272…223d·#24,451,316·0x5ad05f3f…3ac488
I personally think it’s ugly, hate the goatee, but I also think a lot of other Nouns are ugly bois too like the crystal ball which looks like a grape tootsie pop, so voting to support adding in more Nounish ugly bois to the collection
0x073f0dc5…2e63sent to0x6f3e6272…223d·#24,430,548·0x54f4c772…c3457d
I would like to see us empowering local artists to construct these art exhibits in their areas vs us flying artists from Japan to NYC & France, feels too much like a travel prop with the majority of the costs on travel & transportation. Would also like to know who are the 3 members involved that we are paying compensation to?
0x073f0dc5…2e63sent to0x6f3e6272…223d·#24,395,235·0x5c710169…ed4e40
I'm voting against this proposal for a number of reasons: 1) This was not a Nouns specific event, it was an event to promote Drews book tour and while Noggles were on display in some graphics and merchandise, this is exactly the concept of 'slapping Noggles on something and calling it Nounish' that OG Nouners were against. 2) It has been continually said on calls and now onchain that Drew is the reason why Victor returned the funds back to the DAO from his unfinished proposal.... so it gives the illusion that us passing this 'modest' proposal is the least we could do when he helped return $250k to the DAO.... fun fact: that is a LIE! I chat with Victor today and he said that he's spoken to Drew maybe 3 times ever, none of those conversations involved Nouns at all.... as a matter of fact, Victor didn't even know Drew was involved in Nouns at all until I brought it to his attention today. So at the end of the day this proposal comes down to.... do we think we should pay $6,584.71 to pay for an invoice where the details of the invoice are not disclosed.... very interesting that you put the exact invoice number down, yet do not disclose what exactly we are reimbursing from the invoice. I sent in an email to the company requesting details of the invoice, I will post details when I receive an email back. +1 > I sponsored this proposal because I'm in favor of retro rewarding Nounish people > > while the previous proposals may have been above what the DAO was willing to spend, it would be a shame to push away someone who was actively discussing Nouns with his, (very famous,) players, thinking through how to put Nouns in the NBA, getting players to own and rock Nouns as their PFPs, getting Nouns in baseball stadiums, all off the strength of believing in the model and potential of the DAO > > Drew was also the singular reason Victor Solomon returned the $250k he rugged. while he hasn't wanted to take credit publicly for it, and I maybe shouldn't even be sharing, their network has significant overlap and Drew exposing VS's rug to their network would have been detrimental to VS's career > > I was insider to the discussions around Drew's proposals, been on a number of calls with him and met him IRL. he's genuinely Nounish
0x073f0dc5…2e63sent to0xf790a5f5…1365·#24,388,169·0xdf50d04c…f54403
Nounders slammed through votes on last years proposals…. && the BreakEvenMovement was against that, yet once again we have 5gram slamming through a proposal that would not have passed without him pushing it through. Case 1: https://www.nouns.camp/proposals/795 Case 2: https://www.nouns.camp/proposals/926?tab=activity we’re talking a 60 pt difference on one & 40 pt on another…. Just think the hypocrisy needs to be addressed. I will also be putting this onchain as well. Members of the DAO have a duty of good faith to the Duna and I no longer believe certain members are acting in good faith when their voting block is pushing through proposals and they are 50% & 65% of the votes on proposals. I will be looking into what options the DAO has as a remedy for this as unfortunately it doesn’t appear that our admins are in the positions to really work for the people of the DAO, just the large voting blocks.
0x073f0dc5…2e63sent to0x6f3e6272…223d·#24,364,344·0x4ab964f1…c865a9
If there is going to be a floor price it should be closer to the current average auction price, not 6X that value. I also think setting the floor price that high destroys our ability to try and onboard the masses and decentralize governance. Also I love the point that was made that the price should continue to decline because the voting weight of the associated token is also diluted.
0x073f0dc5…2e63sent to0x6f3e6272…223d·#24,364,327·0xd9eb49b1…5eb6d7
Lil Nouners is the account of the Nouniverse on IG, while I understand because of the account name some may want this to be a Lil Nouns prop, I think it gives a ton of value to Nouns since that’s 85% of the content that is posted
0x073f0dc5…2e63sent to0x6f3e6272…223d·#24,364,312·0x5cd80264…e874ef
Nouns has a great reputation for our booths and activations at irl events, I’d support a proposal that may be a bit more expensive but would allow us to have the best outcome possible which includes building out the booth, branded step & repeat, and making sure it’s manned from open to close.
0x073f0dc5…2e63sent to0x6f3e6272…223d·#24,359,407·0x979c074b…636d48
# Bixbite For DUNA Admin Reserve + Amend Prop 905 ⌐◨-◨ **TL;DR:** Appoint Bixbite as a DUNA Admin Reserve. This proposal lays out relevant legal guidance, admin responsibilities, and related information for the upcoming DUNA admin term. The Compliance Administrators’ duties, responsibilities and authorization to act on behalf of the DAO are enumerated in the Bylaws set forth in Proposal 727. This proposal contains certain modifications of those duties, responsibilities, and authorization to act on behalf of the DAO that are effective only as to my initial term as a Compliance Administrator. (If another Compliance Administrator is elected, her duties, responsibilities and authorization to act on behalf of the DAO will be determined by the Bylaws, or a DAO proposal that modifies them.) These modifications are in accordance with Section 2.2 of the Bylaws, which states that the DAO may authorize a Compliance Administrator to exercise rights, powers, and privileges set forth in an approved DAO proposal. **About Bixbite:** Admin Reserve Qualifications (will disclose entities and references upon request): - 3 years of Paralegal experience within two different law firms - Previously held Notary Public License - Will commit to retesting within 1 month to achieve active status - Experience in business bookkeeping, tracking state nexus & filing business taxes. - Experience collecting KYC details for a SOC 2 compliant company. - Acting Registered Agent for an LLC since 2014 - Acting Registered Agent for an SCORP since 2019 **Proliferation Impact:** While these are items not related to the duties of the position, I think it’s important to show the context of how deeply integrated I am into the Nouns Ecosystem. I have been a loyal member of the Nouniverse for 3.5 years, here's a list of my Proliferation impact from the beginning: - Hack Week Grand Prize New Contributors Winner - Selection Committee for Nouns x Everyone - Prop House Gardener Selection Winner (100% voting record) - Member of Nouncil (I have a 95.36% voting record) - Member of Lil Reps & Content Pod before those programs were decommissioned - Previous Nouns Delegation (Will Price Delegate) & maintained a 89% voting record & 100% for Prop House rounds. - Volunteered to help the Nouns AU crew at NFT Fest Aus - Volunteered to help Nouns Fair at ETH Global Waterloo & ETH Global London - Volunteered & helped coordinate the Nouns Global Pizza Party at Oshi in Melbourne, AU - Proliferated Nouns & Lil Nouns at NFT Fest Melbourne, Miami at Art Basel, on Hosier Lane in Melbourne known for its street art, ETH Denver, NFT NYC, Consensus, ETH Brussels, BTC Nashville. - Onboard 12 people to Lil Nouns which gives them exposure to Nouns - Given feedback on numerous props for Nouns onchain proposals, previous Prop House rounds Garden Rounds. - Sponsored proposals onchain for Nouns & Lil Nouns - I have been hosting the Nouncil calls for the last 2 years, with attendance increasing from an average of 20 to \~45, we maxed out on one call with 63, and have even had appearances from Nounders on the call! As you can see from my voting record, I am rather 50/50 on proposals. I take time to research proposals for accuracy and effectiveness. I will make it my commitment to communicate with full transparency any decision I may have to make. **Modifications** I believe this role should be introduced to our lawyers, consultants and accountants, attend a weekly sync call with the Duna Admin to stay on top of progress and possibly a monthly sync with accountants as needed. This role can also be forward facing and help field questions from the community for the Admin, and also help to build resources that the community may need to help facilitate proliferation such as working with the Attorneys to create boilerplate contracts DAO members may use for proposals. **Compensation Breakdown** Duna Compliance Admin $29,999 year --- **DUNA Context and Admin Info** Nouns DAO has completed its transition from a Cayman Foundation structure to a Wyoming DUNA, as authorized in Proposal 662. Under the Wyoming DUNA Act: "Administrator" means a person authorized by the members of a decentralized unincorporated nonprofit association to fulfill administrative or operational tasks at the direction of the membership (Wyoming DUNA Act, 17-32-102. "Definitions(a)(i)"). Additionally, Section 17-32-123. "Selection of administrators; rights and duties of administrators" provides that an administrator will have no authority to act on behalf of the DAO absent specific authorization from its membership. The DAO now operates as a legally recognized nonprofit association within the United States. This requires ongoing compliance with: - U.S. federal tax rules - Wyoming state law - OFAC and sanctions-related restrictions - Record-keeping obligations - Information-reporting requirements for grant recipients The Compliance Administrator structure exists to ensure that the DAO can confidently and continuously meet these obligations. **Administrator Workload and Day-to-Day Responsibilities** Compliance Administrators review proposals, ensure alignment with the DAO Bylaws and U.S. law, oversee KYC onboarding, manage offchain assets, and coordinate with accountants, tax and legal advisors, and other vendors. These responsibilities require continuous monitoring, communication, and coordination. A high-level overview of the workload is below. **Proposal and Legal Oversight** - Review proposals for legal, tax, sanctions, and governance risks - Confirm alignment with Bylaws and U.S. law - Provide guidance on grant structures and complex proposal flows - Engage legal counsel only when needed for liability, sanctions, contracts, or governance interpretation **Grant and Treasury Compliance** - Collect and maintain required tax documents before disbursement - Administer sanctions checks and verify grantee eligibility - Coordinate with accountants and tax advisors on proper categorization and reporting - Support accurate crypto or fiat payouts authorized by proposals **KYC and Contributor Onboarding** - Manage grantee onboarding and verification through Persona - Assist with technical or verification issues - Maintain secure compliance records for audits and reporting needs **Operations and Administration** - Execute required offchain actions for passed proposals, including agreements and payments - Manage compliance documentation and secure storage - Oversee offchain assets and infrastructure such as domains and service accounts - Coordinate with registered agent and external vendors - Ensure administrator actions reflect the intent and scope of passed proposals **Community Transparency** - Answer contributor questions about compliance and legal processes - Publish updates, resources, and best practices - Provide compliance insights to Veto Administrators when needed The above work enables smooth operations, reduces legal and tax exposure, and ensures the DAO remains transparent and accountable to its contributors. **Administrator Duties** The Administrator shall fulfill certain administrative or operational tasks required by the DAO by exercising only the powers, rights, and privileges as specifically enumerated via proposals passed by Nouns DAO, including this proposal and the Bylaws set forth in Proposal 727. **The Reserve Administrator acts as an alternate to the Compliance Administrator, ensuring consistent fulfillment of compliance duties and providing advisory support as needed.** Per Nouns DAO Proposal 662, Administrators "will be responsible for making sure taxes are filed, overseeing KYC of grants, and making sure vetoers are aware of potentially problematic proposals" as main priorities. In accordance with this, the Compliance Administrator's duties shall include: Reviewing each DAO proposal for compliance with applicable laws and regulations and the DAO' governing principles. Compliance includes: a) Tax compliance and confirming receipt of W9 or W8 tax information for grant recipients prior to disbursement of funds. b) OFAC/Sanctions compliance by confirming there is an operational wallet check process. c) Compliance with applicable laws and regulations (e.g. ensuring no illegal activity is included in a proposal). The Compliance Administrator shall signal the state of compliance for each proposal using available DAO tools/clients. If the Compliance Administrator deems that a veto should be used on a proposal due to non-compliance or other existential risk to the DAO, they will inform the Veto Administrators promptly for their review. This is a recommendation only and shall not bind the Veto Administrators in any way. Additionally, the Compliance Administrator shall have the authority to take all necessary action to ensure compliance with such applicable laws or regulations, including but not limited to notifying the DAO of regulatory or legal risks, notifying the Veto Administrator(s), or engaging outside legal counsel and advisors. The Compliance Administrator may coordinate the contracting of a Registered Agent as allows by the Wyoming DUNA Act, 17-32-110 "Appointment of agent to receive service of process", and serve as the contact for said agent. The Compliance Administrator shall be responsible for contracting legal and tax professionals, ensuring that taxes are filed, and serving as the DAO's contact with said professionals and related contractors. The Compliance Administrator shall be responsible for the legal enactment of any proposals passed by the DAO such as the execution of contracts or agreements, the opening of bank accounts, or the facilitation of payments of DAO debts or liabilities. The Compliance Administrator shall be responsible for communicating relevant DUNA information to DAO members and facilitating requests for information. Whenever possible under law, information will be made publicly available, preferably onchain. **Administrators' Participation in DAO Activities** During the Administrator's term, to ensure clarity, the Administrator will refrain from voting with their own Nouns and will use a separate administrator wallet to signal whether a proposal is in compliance. They will not vote FOR or AGAINST any proposal, but will communicate on-chain in regards to compliance. They will retain all other rights as a member of the DAO. The Compliance Administrators may however submit any proposals needed to further the authorized activities noted in this proposal or as needed. **Opening of Bank Accounts for Fiat Payment Processing** In order to facilitate payments that can not be made directly in crypto via proposal, the Compliance Administrator will be authorized by this proposal to open a bank account for this purpose. The Compliance Administrator may only pay any specific DAO service providers or bills if authorized to do so via a DAO proposal. **Indemnification** The DAO shall indemnify and hold harmless, to the fullest extent permitted by applicable law, the Compliance Administrator for any debt, obligation or other liability incurred in the course of activities on behalf of the DAO. Note any limitations that may be found in the Wyoming DUNA Act. **Term** The intended term for this role as Compliance Administrator under this proposal is 1 year from the beginning of the compensation stream. The DAO may adjust this term via proposal to remove/replace me as Compliance Administrators. Note: Administrators are independent contractors and not employees of the DAO. **Additional Governing Documents** Relevant information may also be found in the Wyoming DUNA Act, The Bylaws and any proposals passed by the DAO may alter the duties and responsibilities of the Administrator or limit the authorization of Administrator to act. **DUNA Admin Payment and Administrator Agreement** The proposed compensation for Bixbite's role as Compliance Administrator and handling Proposal Tracking will be 29,999 USDC paid via stream ($2499 USDC per month). This stream will be cancellable upon the passage of a proposal to remove and/or replace the Compliance Administrator. Administrators will be responsible for the purchase of any E&O or D&O insurance if desired. Any other expenses necessary to execute the Administrator's duties will be submitted for authorization via proposals to the DAO. Following the successful passing of this proposal, the DUNA will enter into an Administrator Agreement with Bixbite that sets forth the proposed compensation and other terms and conditions of their role as Compliance Administrator. **Amendment to Prop 905: During Duna Admin Elections if we fail to elect both a Duna Admin and Duna Admin Reserve during the specific timeframe stated, we will move to an open election where anyone can submit a proposal for the Duna Admin Reserve position. This allows us to stay in compliance with our bylaws by having both a Duna Compliance Admin and a Reserve Admin.**
0x073f0dc5…2e63sent to0xf790a5f5…1365·#24,359,278·0x3dba1bc3…533c41
# Bixbite For DUNA Admin Reserve + Amend Prop 905 ⌐◨-◨ **TL;DR:** Appoint Bixbite as a DUNA Admin Reserve. This proposal lays out relevant legal guidance, admin responsibilities, and related information for the upcoming DUNA admin term. The Compliance Administrators’ duties, responsibilities and authorization to act on behalf of the DAO are enumerated in the Bylaws set forth in Proposal 727. This proposal contains certain modifications of those duties, responsibilities, and authorization to act on behalf of the DAO that are effective only as to my initial term as a Compliance Administrator. (If another Compliance Administrator is elected, her duties, responsibilities and authorization to act on behalf of the DAO will be determined by the Bylaws, or a DAO proposal that modifies them.) These modifications are in accordance with Section 2.2 of the Bylaws, which states that the DAO may authorize a Compliance Administrator to exercise rights, powers, and privileges set forth in an approved DAO proposal. **About Bixbite:** Admin Reserve Qualifications (will disclose entities and references upon request): - 3 years of Paralegal experience within two different law firms - Previously held Notary Public License - Will commit to retesting within 1 month to achieve active status - Experience in business bookkeeping, tracking state nexus & filing business taxes. - Experience collecting KYC details for a SOC 2 compliant company. - Acting Registered Agent for an LLC since 2014 - Acting Registered Agent for an SCORP since 2019 **Proliferation Impact:** While these are items not related to the duties of the position, I think it’s important to show the context of how deeply integrated I am into the Nouns Ecosystem. I have been a loyal member of the Nouniverse for 3.5 years, here's a list of my Proliferation impact from the beginning: - Hack Week Grand Prize New Contributors Winner - Selection Committee for Nouns x Everyone - Prop House Gardener Selection Winner (100% voting record) - Member of Nouncil (I have a 95.36% voting record) - Member of Lil Reps & Content Pod before those programs were decommissioned - Previous Nouns Delegation (Will Price Delegate) & maintained a 89% voting record & 100% for Prop House rounds. - Volunteered to help the Nouns AU crew at NFT Fest Aus - Volunteered to help Nouns Fair at ETH Global Waterloo & ETH Global London - Volunteered & helped coordinate the Nouns Global Pizza Party at Oshi in Melbourne, AU - Proliferated Nouns & Lil Nouns at NFT Fest Melbourne, Miami at Art Basel, on Hosier Lane in Melbourne known for its street art, ETH Denver, NFT NYC, Consensus, ETH Brussels, BTC Nashville. - Onboard 12 people to Lil Nouns which gives them exposure to Nouns - Given feedback on numerous props for Nouns onchain proposals, previous Prop House rounds Garden Rounds. - Sponsored proposals onchain for Nouns & Lil Nouns - I have been hosting the Nouncil calls for the last 2 years, with attendance increasing from an average of 20 to \~45, we maxed out on one call with 63, and have even had appearances from Nounders on the call! As you can see from my voting record, I am rather 50/50 on proposals. I take time to research proposals for accuracy and effectiveness. I will make it my commitment to communicate with full transparency any decision I may have to make. **Modifications** I believe this role should be introduced to our lawyers, consultants and accountants, attend a weekly sync call with the Duna Admin to stay on top of progress and possibly a monthly sync with accountants as needed. This role can also be forward facing and help field questions from the community for the Admin, and also help to build resources that the community may need to help facilitate proliferation such as working with the Attorneys to create boilerplate contracts DAO members may use for proposals. **Compensation Breakdown** Duna Compliance Admin $29,999 year --- **DUNA Context and Admin Info** Nouns DAO has completed its transition from a Cayman Foundation structure to a Wyoming DUNA, as authorized in Proposal 662. Under the Wyoming DUNA Act: "Administrator" means a person authorized by the members of a decentralized unincorporated nonprofit association to fulfill administrative or operational tasks at the direction of the membership (Wyoming DUNA Act, 17-32-102. "Definitions(a)(i)"). Additionally, Section 17-32-123. "Selection of administrators; rights and duties of administrators" provides that an administrator will have no authority to act on behalf of the DAO absent specific authorization from its membership. The DAO now operates as a legally recognized nonprofit association within the United States. This requires ongoing compliance with: - U.S. federal tax rules - Wyoming state law - OFAC and sanctions-related restrictions - Record-keeping obligations - Information-reporting requirements for grant recipients The Compliance Administrator structure exists to ensure that the DAO can confidently and continuously meet these obligations. **Administrator Workload and Day-to-Day Responsibilities** Compliance Administrators review proposals, ensure alignment with the DAO Bylaws and U.S. law, oversee KYC onboarding, manage offchain assets, and coordinate with accountants, tax and legal advisors, and other vendors. These responsibilities require continuous monitoring, communication, and coordination. A high-level overview of the workload is below. **Proposal and Legal Oversight** - Review proposals for legal, tax, sanctions, and governance risks - Confirm alignment with Bylaws and U.S. law - Provide guidance on grant structures and complex proposal flows - Engage legal counsel only when needed for liability, sanctions, contracts, or governance interpretation **Grant and Treasury Compliance** - Collect and maintain required tax documents before disbursement - Administer sanctions checks and verify grantee eligibility - Coordinate with accountants and tax advisors on proper categorization and reporting - Support accurate crypto or fiat payouts authorized by proposals **KYC and Contributor Onboarding** - Manage grantee onboarding and verification through Persona - Assist with technical or verification issues - Maintain secure compliance records for audits and reporting needs **Operations and Administration** - Execute required offchain actions for passed proposals, including agreements and payments - Manage compliance documentation and secure storage - Oversee offchain assets and infrastructure such as domains and service accounts - Coordinate with registered agent and external vendors - Ensure administrator actions reflect the intent and scope of passed proposals **Community Transparency** - Answer contributor questions about compliance and legal processes - Publish updates, resources, and best practices - Provide compliance insights to Veto Administrators when needed The above work enables smooth operations, reduces legal and tax exposure, and ensures the DAO remains transparent and accountable to its contributors. **Administrator Duties** The Administrator shall fulfill certain administrative or operational tasks required by the DAO by exercising only the powers, rights, and privileges as specifically enumerated via proposals passed by Nouns DAO, including this proposal and the Bylaws set forth in Proposal 727. **The Reserve Administrator acts as an alternate to the Compliance Administrator, ensuring consistent fulfillment of compliance duties and providing advisory support as needed.** Per Nouns DAO Proposal 662, Administrators "will be responsible for making sure taxes are filed, overseeing KYC of grants, and making sure vetoers are aware of potentially problematic proposals" as main priorities. In accordance with this, the Compliance Administrator's duties shall include: Reviewing each DAO proposal for compliance with applicable laws and regulations and the DAO' governing principles. Compliance includes: a) Tax compliance and confirming receipt of W9 or W8 tax information for grant recipients prior to disbursement of funds. b) OFAC/Sanctions compliance by confirming there is an operational wallet check process. c) Compliance with applicable laws and regulations (e.g. ensuring no illegal activity is included in a proposal). The Compliance Administrator shall signal the state of compliance for each proposal using available DAO tools/clients. If the Compliance Administrator deems that a veto should be used on a proposal due to non-compliance or other existential risk to the DAO, they will inform the Veto Administrators promptly for their review. This is a recommendation only and shall not bind the Veto Administrators in any way. Additionally, the Compliance Administrator shall have the authority to take all necessary action to ensure compliance with such applicable laws or regulations, including but not limited to notifying the DAO of regulatory or legal risks, notifying the Veto Administrator(s), or engaging outside legal counsel and advisors. The Compliance Administrator may coordinate the contracting of a Registered Agent as allows by the Wyoming DUNA Act, 17-32-110 "Appointment of agent to receive service of process", and serve as the contact for said agent. The Compliance Administrator shall be responsible for contracting legal and tax professionals, ensuring that taxes are filed, and serving as the DAO's contact with said professionals and related contractors. The Compliance Administrator shall be responsible for the legal enactment of any proposals passed by the DAO such as the execution of contracts or agreements, the opening of bank accounts, or the facilitation of payments of DAO debts or liabilities. The Compliance Administrator shall be responsible for communicating relevant DUNA information to DAO members and facilitating requests for information. Whenever possible under law, information will be made publicly available, preferably onchain. **Administrators' Participation in DAO Activities** During the Administrator's term, to ensure clarity, the Administrator will refrain from voting with their own Nouns and will use a separate administrator wallet to signal whether a proposal is in compliance. They will not vote FOR or AGAINST any proposal, but will communicate on-chain in regards to compliance. They will retain all other rights as a member of the DAO. The Compliance Administrators may however submit any proposals needed to further the authorized activities noted in this proposal or as needed. **Opening of Bank Accounts for Fiat Payment Processing** In order to facilitate payments that can not be made directly in crypto via proposal, the Compliance Administrator will be authorized by this proposal to open a bank account for this purpose. The Compliance Administrator may only pay any specific DAO service providers or bills if authorized to do so via a DAO proposal. **Indemnification** The DAO shall indemnify and hold harmless, to the fullest extent permitted by applicable law, the Compliance Administrator for any debt, obligation or other liability incurred in the course of activities on behalf of the DAO. Note any limitations that may be found in the Wyoming DUNA Act. **Term** The intended term for this role as Compliance Administrator under this proposal is 1 year from the beginning of the compensation stream. The DAO may adjust this term via proposal to remove/replace me as Compliance Administrators. Note: Administrators are independent contractors and not employees of the DAO. **Additional Governing Documents** Relevant information may also be found in the Wyoming DUNA Act, The Bylaws and any proposals passed by the DAO may alter the duties and responsibilities of the Administrator or limit the authorization of Administrator to act. **DUNA Admin Payment and Administrator Agreement** The proposed compensation for Bixbite's role as Compliance Administrator and handling Proposal Tracking will be 29,999 USDC paid via stream ($2499 USDC per month). This stream will be cancellable upon the passage of a proposal to remove and/or replace the Compliance Administrator. Administrators will be responsible for the purchase of any E&O or D&O insurance if desired. Any other expenses necessary to execute the Administrator's duties will be submitted for authorization via proposals to the DAO. Following the successful passing of this proposal, the DUNA will enter into an Administrator Agreement with Bixbite that sets forth the proposed compensation and other terms and conditions of their role as Compliance Administrator. **Amendment to Prop 905: During Duna Admin Elections if we fail to elect both a Duna Admin and Duna Admin Reserve during the specific timeframe stated, we will move to an open election where anyone can submit a proposal for the Duna Admin Reserve position. This allows us to stay in compliance with our bylaws by having both a Duna Compliance Admin and a Reserve Admin.**bixbite-for-duna-admin-reserve-+-amend-prop-905-⌐◨-◨*Update, will not vote in governance unless the Bylaws are changed and allow Admin Reserves to do so.
0x073f0dc5…2e63sent to0xf790a5f5…1365·#24,357,171·0xafd9a008…0719d2
# Bixbite For DUNA Admin Reserve + Amend Prop 905 ⌐◨-◨ **TL;DR:** Appoint Bixbite as a DUNA Admin Reserve. This proposal lays out relevant legal guidance, admin responsibilities, and related information for the upcoming DUNA admin term. The Compliance Administrators’ duties, responsibilities and authorization to act on behalf of the DAO are enumerated in the Bylaws set forth in Proposal 727. This proposal contains certain modifications of those duties, responsibilities, and authorization to act on behalf of the DAO that are effective only as to my initial term as a Compliance Administrator. (If another Compliance Administrator is elected, her duties, responsibilities and authorization to act on behalf of the DAO will be determined by the Bylaws, or a DAO proposal that modifies them.) These modifications are in accordance with Section 2.2 of the Bylaws, which states that the DAO may authorize a Compliance Administrator to exercise rights, powers, and privileges set forth in an approved DAO proposal. **About Bixbite:** Admin Reserve Qualifications (will disclose entities and references upon request): - 3 years of Paralegal experience within two different law firms - Previously held Notary Public License - Will commit to retesting within 1 month to achieve active status - Experience in business bookkeeping, tracking state nexus & filing business taxes. - Experience collecting KYC details for a SOC 2 compliant company. - Acting Registered Agent for an LLC since 2014 - Acting Registered Agent for an SCORP since 2019 **Proliferation Impact:** While these are items not related to the duties of the position, I think it’s important to show the context of how deeply integrated I am into the Nouns Ecosystem. I have been a loyal member of the Nouniverse for 3.5 years, here's a list of my Proliferation impact from the beginning: - Hack Week Grand Prize New Contributors Winner - Selection Committee for Nouns x Everyone - Prop House Gardener Selection Winner (100% voting record) - Member of Nouncil (I have a 95.36% voting record) - Member of Lil Reps & Content Pod before those programs were decommissioned - Previous Nouns Delegation (Will Price Delegate) & maintained a 89% voting record & 100% for Prop House rounds. - Volunteered to help the Nouns AU crew at NFT Fest Aus - Volunteered to help Nouns Fair at ETH Global Waterloo & ETH Global London - Volunteered & helped coordinate the Nouns Global Pizza Party at Oshi in Melbourne, AU - Proliferated Nouns & Lil Nouns at NFT Fest Melbourne, Miami at Art Basel, on Hosier Lane in Melbourne known for its street art, ETH Denver, NFT NYC, Consensus, ETH Brussels, BTC Nashville. - Onboard 12 people to Lil Nouns which gives them exposure to Nouns - Given feedback on numerous props for Nouns onchain proposals, previous Prop House rounds Garden Rounds. - Sponsored proposals onchain for Nouns & Lil Nouns - I have been hosting the Nouncil calls for the last 2 years, with attendance increasing from an average of 20 to \~45, we maxed out on one call with 63, and have even had appearances from Nounders on the call! As you can see from my voting record, I am rather 50/50 on proposals. I take time to research proposals for accuracy and effectiveness. I will make it my commitment to communicate with full transparency any decision I may have to make. **Modifications** I believe the Duna Admin Reserve role should be just that, a reserve person that is around to step in if the Duna Admin becomes unavailable or no longer able to execute their duties. I believe this role should be introduced to our lawyers, consultants and accountants, attend a weekly syn call with the Duna Admin to stay on top of progress and possibly a monthly sync with accountants as needed. This role can also be forward facing and help field questions from the community for the Admin. I believe because this role is a reserve role and will only step in if the Duna Admin is no longer able to execute their duties regarding compliance overview I would not forgo participating in governance unless I would have to step into the role of Compliance Admin. **Compensation Breakdown** Duna Compliance Admin $29,999 year --- **DUNA Context and Admin Info** Nouns DAO has completed its transition from a Cayman Foundation structure to a Wyoming DUNA, as authorized in Proposal 662. Under the Wyoming DUNA Act: "Administrator" means a person authorized by the members of a decentralized unincorporated nonprofit association to fulfill administrative or operational tasks at the direction of the membership (Wyoming DUNA Act, 17-32-102. "Definitions(a)(i)"). Additionally, Section 17-32-123. "Selection of administrators; rights and duties of administrators" provides that an administrator will have no authority to act on behalf of the DAO absent specific authorization from its membership. The DAO now operates as a legally recognized nonprofit association within the United States. This requires ongoing compliance with: - U.S. federal tax rules - Wyoming state law - OFAC and sanctions-related restrictions - Record-keeping obligations - Information-reporting requirements for grant recipients The Compliance Administrator structure exists to ensure that the DAO can confidently and continuously meet these obligations. **Administrator Workload and Day-to-Day Responsibilities** Compliance Administrators review proposals, ensure alignment with the DAO Bylaws and U.S. law, oversee KYC onboarding, manage offchain assets, and coordinate with accountants, tax and legal advisors, and other vendors. These responsibilities require continuous monitoring, communication, and coordination. A high-level overview of the workload is below. **Proposal and Legal Oversight** - Review proposals for legal, tax, sanctions, and governance risks - Confirm alignment with Bylaws and U.S. law - Provide guidance on grant structures and complex proposal flows - Engage legal counsel only when needed for liability, sanctions, contracts, or governance interpretation **Grant and Treasury Compliance** - Collect and maintain required tax documents before disbursement - Administer sanctions checks and verify grantee eligibility - Coordinate with accountants and tax advisors on proper categorization and reporting - Support accurate crypto or fiat payouts authorized by proposals **KYC and Contributor Onboarding** - Manage grantee onboarding and verification through Persona - Assist with technical or verification issues - Maintain secure compliance records for audits and reporting needs **Operations and Administration** - Execute required offchain actions for passed proposals, including agreements and payments - Manage compliance documentation and secure storage - Oversee offchain assets and infrastructure such as domains and service accounts - Coordinate with registered agent and external vendors - Ensure administrator actions reflect the intent and scope of passed proposals **Community Transparency** - Answer contributor questions about compliance and legal processes - Publish updates, resources, and best practices - Provide compliance insights to Veto Administrators when needed The above work enables smooth operations, reduces legal and tax exposure, and ensures the DAO remains transparent and accountable to its contributors. **Administrator Duties** The Administrator shall fulfill certain administrative or operational tasks required by the DAO by exercising only the powers, rights, and privileges as specifically enumerated via proposals passed by Nouns DAO, including this proposal and the Bylaws set forth in Proposal 727. **The Reserve Administrator acts as an alternate to the Compliance Administrator, ensuring consistent fulfillment of compliance duties and providing advisory support as needed.** Per Nouns DAO Proposal 662, Administrators "will be responsible for making sure taxes are filed, overseeing KYC of grants, and making sure vetoers are aware of potentially problematic proposals" as main priorities. In accordance with this, the Compliance Administrator's duties shall include: Reviewing each DAO proposal for compliance with applicable laws and regulations and the DAO' governing principles. Compliance includes: a) Tax compliance and confirming receipt of W9 or W8 tax information for grant recipients prior to disbursement of funds. b) OFAC/Sanctions compliance by confirming there is an operational wallet check process. c) Compliance with applicable laws and regulations (e.g. ensuring no illegal activity is included in a proposal). The Compliance Administrator shall signal the state of compliance for each proposal using available DAO tools/clients. If the Compliance Administrator deems that a veto should be used on a proposal due to non-compliance or other existential risk to the DAO, they will inform the Veto Administrators promptly for their review. This is a recommendation only and shall not bind the Veto Administrators in any way. Additionally, the Compliance Administrator shall have the authority to take all necessary action to ensure compliance with such applicable laws or regulations, including but not limited to notifying the DAO of regulatory or legal risks, notifying the Veto Administrator(s), or engaging outside legal counsel and advisors. The Compliance Administrator may coordinate the contracting of a Registered Agent as allows by the Wyoming DUNA Act, 17-32-110 "Appointment of agent to receive service of process", and serve as the contact for said agent. The Compliance Administrator shall be responsible for contracting legal and tax professionals, ensuring that taxes are filed, and serving as the DAO's contact with said professionals and related contractors. The Compliance Administrator shall be responsible for the legal enactment of any proposals passed by the DAO such as the execution of contracts or agreements, the opening of bank accounts, or the facilitation of payments of DAO debts or liabilities. The Compliance Administrator shall be responsible for communicating relevant DUNA information to DAO members and facilitating requests for information. Whenever possible under law, information will be made publicly available, preferably onchain. **Administrators' Participation in DAO Activities** During the Administrator's term, to ensure clarity, the Administrator will refrain from voting with their own Nouns and will use a separate administrator wallet to signal whether a proposal is in compliance. They will not vote FOR or AGAINST any proposal, but will communicate on-chain in regards to compliance. They will retain all other rights as a member of the DAO. Given that the Duna Admin Reserve is a role to serve as an alternate to the Compliance Administrator if they become unable to execute their duties the Duna Admin Reserve will be able to participate in voting until/unless they are to step into the Compliance Admin role, in which case they will refrain from voting activities. The Compliance Administrators may however submit any proposals needed to further the authorized activities noted in this proposal or as needed. **Opening of Bank Accounts for Fiat Payment Processing** In order to facilitate payments that can not be made directly in crypto via proposal, the Compliance Administrator will be authorized by this proposal to open a bank account for this purpose. The Compliance Administrator may only pay any specific DAO service providers or bills if authorized to do so via a DAO proposal. **Indemnification** The DAO shall indemnify and hold harmless, to the fullest extent permitted by applicable law, the Compliance Administrator for any debt, obligation or other liability incurred in the course of activities on behalf of the DAO. Note any limitations that may be found in the Wyoming DUNA Act. **Term** The intended term for this role as Compliance Administrator under this proposal is 1 year from the beginning of the compensation stream. The DAO may adjust this term via proposal to remove/replace me as Compliance Administrators. Note: Administrators are independent contractors and not employees of the DAO. **Additional Governing Documents** Relevant information may also be found in the Wyoming DUNA Act, The Bylaws and any proposals passed by the DAO may alter the duties and responsibilities of the Administrator or limit the authorization of Administrator to act. **DUNA Admin Payment and Administrator Agreement** The proposed compensation for Bixbite's role as Compliance Administrator and handling Proposal Tracking will be 29,999 USDC paid via stream ($2499 USDC per month). This stream will be cancellable upon the passage of a proposal to remove and/or replace the Compliance Administrator. Administrators will be responsible for the purchase of any E&O or D&O insurance if desired. Any other expenses necessary to execute the Administrator's duties will be submitted for authorization via proposals to the DAO. Following the successful passing of this proposal, the DUNA will enter into an Administrator Agreement with Bixbite that sets forth the proposed compensation and other terms and conditions of their role as Compliance Administrator. **Amendment to Prop 905: During Duna Admin Elections if we fail to elect both a Duna Admin and Duna Admin Reserve during the specific timeframe stated, we will move to an open election where anyone can submit a proposal for the Duna Admin Reserve position. This allows us to stay in compliance with our bylaws by having both a Duna Compliance Admin and a Reserve Admin.** bixbite-for-duna-admin-reserve-+-amend-prop-905-⌐◨-◨
0x073f0dc5…2e63sent to0x8d59e106…2902·#24,303,311·0x588f3fd1…1b6a87
I agree and I said this in Lils Discord when the conversation was raised before the proposal was executed.... my suggestion was to cancel the prop and re-propose, since that wasn't done we should only swap for enough to cover the proposal vs losing upside in ETH & yield for no reason +1 > I’m against it for a couple of reasons. > > First, there are already multiple ways to do this fully onchain without dragging in middlemen. > > Second, the moment ETH hits the token contract, the bot auto-converts it to USDT. Turning ~10 stETH (which is literally paying us yield) into USDT at current market prices doesn’t strike me as a particularly wise move. Feels like volunteering to give up yield for the comfort of a stablecoin and a shrug.
0x073f0dc5…2e63sent to0xf790a5f5…1365·#24,300,943·0x8e78fd99…2eb4b6
# Bixbite For DUNA Compliance Administrator + Proposal Tracking ⌐◨-◨ **TL;DR:** Appoint Bixbite as a DUNA Compliance Administrator. This proposal lays out relevant legal guidance, admin responsibilities, and related information for the upcoming DUNA admin term. The Compliance Administrators’ duties, responsibilities and authorization to act on behalf of the DAO are enumerated in the Bylaws set forth in Proposal 727. This proposal contains certain modifications of those duties, responsibilities, and authorization to act on behalf of the DAO that are effective only as to my initial term as a Compliance Administrator. (If another Compliance Administrator is elected, her duties, responsibilities and authorization to act on behalf of the DAO will be determined by the Bylaws, or a DAO proposal that modifies them.) These modifications are in accordance with Section 2.2 of the Bylaws, which states that the DAO may authorize a Compliance Administrator to exercise rights, powers, and privileges set forth in an approved DAO proposal. **About Bixbite:** Admin Reserve Qualifications (will disclose entities and references upon request): - 3 years of Paralegal experience within two different law firms - Previously held Notary Public License - Will commit to retesting within 1 month to achieve active status - Experience in business bookkeeping, tracking state nexus & filing business taxes. - Experience collecting KYC details for a SOC 2 compliant company. - Acting Registered Agent for an LLC since 2014 - Acting Registered Agent for an SCORP since 2019 **Proliferation Impact:** While these are items not related to the duties of the position, I think it’s important to show the context of how deeply integrated I am into the Nouns Ecosystem. I have been a loyal member of the Nouniverse for 3.5 years, here's a list of my Proliferation impact from the beginning: - Hack Week Grand Prize New Contributors Winner - Selection Committee for Nouns x Everyone - Prop House Gardener Selection Winner (100% voting record) - Member of Nouncil (I have a 95.36% voting record) - Member of Lil Reps & Content Pod before those programs were decommissioned - Previous Nouns Delegation (Will Price Delegate) & maintained a 89% voting record & 100% for Prop House rounds. - Volunteered to help the Nouns AU crew at NFT Fest Aus - Volunteered to help Nouns Fair at ETH Global Waterloo & ETH Global London - Volunteered & helped coordinate the Nouns Global Pizza Party at Oshi in Melbourne, AU - Proliferated Nouns & Lil Nouns at NFT Fest Melbourne, Miami at Art Basel, on Hosier Lane in Melbourne known for its street art, ETH Denver, NFT NYC, Consensus, ETH Brussels, BTC Nashville. - Onboard 12 people to Lil Nouns which gives them exposure to Nouns - Given feedback on numerous props for Nouns onchain proposals, previous Prop House rounds Garden Rounds. - Sponsored proposals onchain for Nouns & Lil Nouns - I have been hosting the Nouncil calls for the last 2 years, with attendance increasing from an average of 20 to ~45, we maxed out on one call with 63, and have even had appearances from Nounders on the call! As you can see from my voting record, I am rather 50/50 on proposals. I take time to research proposals for accuracy and effectiveness. I know with this role I will be removing personal bias & voting capabilities and will only be reviewing proposals based on set criteria for compliance, which I am comfortable with. I will make it my commitment to communicate with full transparency any decision I have to make. **Modifications** I believe the Duna Admin role can and should handle more tasks and also have more communication and transparency with DAO members. If selected I would like to include proposal tracking into my tasks as Duna Compliance Admin. This means I will start where Maty left off tracking proposals, giving updates to the community and discuss with the DAO if legal action should be pursued. This will be done in a transparent manner and legal action would be handled by the Duna Attorney. **Compensation Breakdown** Duna Compliance Admin $36,000 year Proposal Tracking & Aduit $36,000 year I expect between the Duna Admin Compliance role and the Proposal Tracking & Audit this will be very close to a full time workload with some weeks going over 40hrs and some less. ------------ **DUNA Context and Admin Info** Nouns DAO has completed its transition from a Cayman Foundation structure to a Wyoming DUNA, as authorized in Proposal 662. Under the Wyoming DUNA Act: "Administrator" means a person authorized by the members of a decentralized unincorporated nonprofit association to fulfill administrative or operational tasks at the direction of the membership (Wyoming DUNA Act, 17-32-102. "Definitions(a)(i)"). Additionally, Section 17-32-123. "Selection of administrators; rights and duties of administrators" provides that an administrator will have no authority to act on behalf of the DAO absent specific authorization from its membership. The DAO now operates as a legally recognized nonprofit association within the United States. This requires ongoing compliance with: - U.S. federal tax rules - Wyoming state law - OFAC and sanctions-related restrictions - Record-keeping obligations - Information-reporting requirements for grant recipients The Compliance Administrator structure exists to ensure that the DAO can confidently and continuously meet these obligations. **Administrator Workload and Day-to-Day Responsibilities** Compliance Administrators review proposals, ensure alignment with the DAO Bylaws and U.S. law, oversee KYC onboarding, manage offchain assets, and coordinate with accountants, tax and legal advisors, and other vendors. These responsibilities require continuous monitoring, communication, and coordination. A high-level overview of the workload is below. **Proposal and Legal Oversight** - Review proposals for legal, tax, sanctions, and governance risks - Confirm alignment with Bylaws and U.S. law - Provide guidance on grant structures and complex proposal flows - Engage legal counsel only when needed for liability, sanctions, contracts, or governance interpretation **Grant and Treasury Compliance** - Collect and maintain required tax documents before disbursement - Administer sanctions checks and verify grantee eligibility - Coordinate with accountants and tax advisors on proper categorization and reporting - Support accurate crypto or fiat payouts authorized by proposals **KYC and Contributor Onboarding** - Manage grantee onboarding and verification through Persona - Assist with technical or verification issues - Maintain secure compliance records for audits and reporting needs **Operations and Administration** - Execute required offchain actions for passed proposals, including agreements and payments - Manage compliance documentation and secure storage - Oversee offchain assets and infrastructure such as domains and service accounts - Coordinate with registered agent and external vendors - Ensure administrator actions reflect the intent and scope of passed proposals **Community Transparency** - Answer contributor questions about compliance and legal processes - Publish updates, resources, and best practices - Provide compliance insights to Veto Administrators when needed The above work enables smooth operations, reduces legal and tax exposure, and ensures the DAO remains transparent and accountable to its contributors. **Administrator Duties** The Administrator shall fulfill certain administrative or operational tasks required by the DAO by exercising only the powers, rights, and privileges as specifically enumerated via proposals passed by Nouns DAO, including this proposal and the Bylaws set forth in Proposal 727. The Reserve Administrator acts as an alternate to the Compliance Administrator, ensuring consistent fulfillment of compliance duties and providing advisory support as needed. Per Nouns DAO Proposal 662, Administrators "will be responsible for making sure taxes are filed, overseeing KYC of grants, and making sure vetoers are aware of potentially problematic proposals" as main priorities. In accordance with this, the Compliance Administrator's duties shall include: Reviewing each DAO proposal for compliance with applicable laws and regulations and the DAO' governing principles. Compliance includes: a) Tax compliance and confirming receipt of W9 or W8 tax information for grant recipients prior to disbursement of funds. b) OFAC/Sanctions compliance by confirming there is an operational wallet check process. c) Compliance with applicable laws and regulations (e.g. ensuring no illegal activity is included in a proposal). The Compliance Administrator shall signal the state of compliance for each proposal using available DAO tools/clients. If the Compliance Administrator deems that a veto should be used on a proposal due to non-compliance or other existential risk to the DAO, they will inform the Veto Administrators promptly for their review. This is a recommendation only and shall not bind the Veto Administrators in any way. Additionally, the Compliance Administrator shall have the authority to take all necessary action to ensure compliance with such applicable laws or regulations, including but not limited to notifying the DAO of regulatory or legal risks, notifying the Veto Administrator(s), or engaging outside legal counsel and advisors. The Compliance Administrator may coordinate the contracting of a Registered Agent as allows by the Wyoming DUNA Act, 17-32-110 "Appointment of agent to receive service of process", and serve as the contact for said agent. The Compliance Administrator shall be responsible for contracting legal and tax professionals, ensuring that taxes are filed, and serving as the DAO's contact with said professionals and related contractors. The Compliance Administrator shall be responsible for the legal enactment of any proposals passed by the DAO such as the execution of contracts or agreements, the opening of bank accounts, or the facilitation of payments of DAO debts or liabilities. The Compliance Administrator shall be responsible for communicating relevant DUNA information to DAO members and facilitating requests for information. Whenever possible under law, information will be made publicly available, preferably onchain. **Administrators' Participation in DAO Activities** During the Administrator's term, to ensure clarity, the Administrator will refrain from voting with their own Nouns and will use a separate administrator wallet to signal whether a proposal is in compliance. They will not vote FOR or AGAINST any proposal, but will communicate on-chain in regards to compliance. They will retain all other rights as a member of the DAO. The Compliance Administrators may however submit any proposals needed to further the authorized activities noted in this proposal or as needed. **Opening of Bank Accounts for Fiat Payment Processing** In order to facilitate payments that can not be made directly in crypto via proposal, the Compliance Administrator will be authorized by this proposal to open a bank account for this purpose. The Compliance Administrator may only pay any specific DAO service providers or bills if authorized to do so via a DAO proposal. **Indemnification** The DAO shall indemnify and hold harmless, to the fullest extent permitted by applicable law, the Compliance Administrator for any debt, obligation or other liability incurred in the course of activities on behalf of the DAO. Note any limitations that may be found in the Wyoming DUNA Act. **Term** The intended term for this role as Compliance Administrator under this proposal is 1 year from the beginning of the compensation stream. The DAO may adjust this term via proposal to remove/replace me as Compliance Administrators. Note: Administrators are independent contractors and not employees of the DAO. **Additional Governing Documents** Relevant information may also be found in the Wyoming DUNA Act, The Bylaws and any proposals passed by the DAO may alter the duties and responsibilities of the Administrator or limit the authorization of Administrator to act. **DUNA Admin Payment and Administrator Agreement** The proposed compensation for Bixbite's role as Compliance Administrator and handling Proposal Tracking will be 72,000 USDC paid via stream (6,000 USDC per month). This stream will be cancellable upon the passage of a proposal to remove and/or replace the Compliance Administrator. Administrators will be responsible for the purchase of any E&O or D&O insurance if desired. Any other expenses necessary to execute the Administrator's duties will be submitted for authorization via proposals to the DAO. Following the successful passing of this proposal, the DUNA will enter into an Administrator Agreement with Bixbite that sets forth the proposed compensation and other terms and conditions of their role as Compliance Administrator.bixbite-for-duna-compliance-administrator--proposal-tracking--
0x073f0dc5…2e63sent to0x6f3e6272…223d·#24,295,711·0xa8cf1766…b1ab67
Thanks for bringing this creative proposal, I like that it covers across multiple days and that we can reserve to have the bus show up at specific Nounish events (like the Lil Nouns coffee rave).... looking forward to seeing all of the content that gets created from this
0x073f0dc5…2e63sent to0x6f3e6272…223d·#24,295,368·0x9c2b81da…77eb2b
I think your best suited for this role, it's the same exact position you have years of experience doing plus I appreciate the effort you've put into trying to setup structures throughout the Nouniverse including adding the Hats Protocol to Nouncil... I think you would bring that forward thinking to help push the Duna structure forward and tackle issues like automation and transparency.
0x073f0dc5…2e63sent to0x6f3e6272…223d·#24,295,159·0xc26c88ef…ebd93e
I mentioned this on the Nouncil call but I will add it onchain as well.... I can't voice my concern for one conflict of interest without mentioning another. The fact that you not only control the delegation from one of the largest holders, but also work as a contractor for their Foundation, I believe that is a conflict of interest. Also agree with your comment on a previous proposal that we should establish a conflict of interest policy so these things can be disclosed and any issues avoided in the future.
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