route-no-bid-nouns-to-the-treasury-**nounsauctionhousev3-upgrade**
From an accounting perspective, routing unsold Nouns from the Auction House to the Treasury instead of burning them would not create a tax event.
- the Noun remains within the DAO the entire time
- no sale or payment occurs
- the Noun would continue being held by the DAO until later use or disposal
Any tax implications would generally arise later depending on how the Treasury Nouns are ultimately disposed of (sale, grant, burn, etc.).
@0x3229...FFC9
Convert it to wETH and pre-approve the DAO's address to spend the specific amount of wETH.
> Fatty, Tx 2 sends ETH from my wallet to the treasury; however, there is no way for nouns to execute this on my wallet, as ETH does not have that call function.
>
> In BerryOS, I used the tip feature. There is simply no other option available.
>
> At the top of the proposal, it says the DAO pays me; on the side of the UI that says the transactions, it says I pay the DAO.
>
> If someone could help me with the correct TX data, it would be appreciated.
settle-noun-1830@0xf84a...b5A8
The transaction will succeed only during Noun O'Clock. The proposal just needs to be submitted within a specific timeframe and executed before someone else settles the noun. If missed, it could just settle the next noun or the next... Not the most novel thing since its just executing a prop, but not sure how else to make it more interactive.
>
>
> What changes are needed to the tx to have this go through?
>
# Settle Noun 1830
Could be fun to try to settle the first non-Nounder Noun with an ID ending in 0 via a DAO proposal. Just a thought.
⌐◨-◨settle-noun-1830
# Appoint Index as DUNA Compliance Administrator
## TL;DR
Appoint **Index** 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](https://nouns.wtf/vote/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.
---
## Introduction
Hi, it’s Index again. I’m applying to continue in the role of Nouns DUNA Compliance Administrator (or Reserve).
Over the last year, I’ve been fortunate to serve as Compliance Administrator during the initial DUNA transition and first operating year. My work focused on making the Wyoming DUNA real in practice while building processes and structure that balanced regulatory compliance with the DAO’s long history and unique culture.
Some of that work included:
- Coordinating with the Foundation and its advisors to ensure a seamless transition to the Wyoming DUNA
- Working to establish new processes for the DUNA in line with legal, tax, and accounting advice
- Supporting compliant payments and grants, including the return of funds from cancelled or adjusted proposals
- Engaging with external parties to legitimize the DUNA through discussions and required documentation
Outside of the DUNA work, I’ve also contributed to Nouns in a variety of ways over the years:
- **Noundry contributions**: Index Card head, Curling Stone head, broken heart accessory
- **Meta-governance support**: Lil Nouns, Nouncil, Lil Nouncil
- **ZeroWeight**: Experimented with providing a voice to community members without voting weight
- **Tabs**: Built a resource-focused dashboard for DAO information
- **Nouns.game**: Working on a Nouns client funded strictly through the incentive program, most known for the crystal ball
## Modifications
I think the Compliance Administrator role is already well defined, and it is best for the DAO’s overall health if it remains that way.
Based on my past experience, the Administrator will still receive requests that fall outside the specific scope of the role. When that happens, I will aim to be helpful without expanding authority. That may mean resolving something quickly, connecting the request with an appropriate DAO member, or bringing it to the broader DAO for discussion, with the goal of reducing friction and keeping things running smoothly.
## Eligibility
This proposal is in accordance with the 2026 DUNA Admin Election process ratified by [the Election Process proposal](https://www.nouns.camp/proposals/905), and meets the following criteria:
- Candidate proposals must be submitted onchain during the designated submission window.
- Compensation streams for all admin candidates must begin 2/1/26 and end 1/31/27 and shall not exceed 100,000 USDC.
- Nominees must refrain from influencing the election through voting, meta-governance, or governance discussions, including but not limited to Lil Nouns, Nouncil, or Nogs.
## Closing Statement
I’m grateful for the time I’ve spent with Nouns so far, from the first FOMO and OG Noundry, through the different “seasons” and forks, and of course the infamous DUNA transition. I hope to keep contributing in whatever way is most useful, regardless of the outcome, and I’m excited to see how Nouns continues to change everyday, forever.
---
# 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](https://nouns.wtf/vote/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](https://wyoleg.gov/2024/Enroll/SF0050.pdf)**, 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](https://nouns.wtf/vote/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](https://nouns.wtf/vote/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:
1. 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.
2. The Compliance Administrator may coordinate the contracting of a Registered Agent as allows by the **[Wyoming DUNA Act](https://wyoleg.gov/2024/Enroll/SF0050.pdf)**, 17-32-110 "Appointment of agent to receive service of process", and serve as the contact for said agent.
3. 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.
4. 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.
5. 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.
Additionally, the Compliance Administrators will avoid voting on Nouns DAO proposals in any subdaos or meta-governance during their term.
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](https://wyoleg.gov/2024/Enroll/SF0050.pdf)**.
## 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](https://wyoleg.gov/2024/Enroll/SF0050.pdf)**, 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 **Index**'s role as Compliance Administrator 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 **Index** that sets forth the proposed compensation and other terms and conditions of their role as Compliance Administrator.
---
### Transactions
- Stream **72,000 USDC** to **indexcard.eth (**0x10deC36B4AC9d3b60490dFE2799881287d4a74cc) from 2/1/2026 through 1/31/2027
# Appoint Index as DUNA Compliance Administrator
## TL;DR
Appoint **Index** 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](https://nouns.wtf/vote/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.
---
## Introduction
Hi, it’s Index again. I’m applying to continue in the role of Nouns DUNA Compliance Administrator (or Reserve).
Over the last year, I’ve been fortunate to serve as Compliance Administrator during the initial DUNA transition and first operating year. My work focused on making the Wyoming DUNA real in practice while building processes and structure that balanced regulatory compliance with the DAO’s long history and unique culture.
Some of that work included:
- Coordinating with the Foundation and its advisors to ensure a seamless transition to the Wyoming DUNA
- Working to establish new processes for the DUNA in line with legal, tax, and accounting advice
- Supporting compliant payments and grants, including the return of funds from cancelled or adjusted proposals
- Engaging with external parties to legitimize the DUNA through discussions and required documentation
Outside of the DUNA work, I’ve also contributed to Nouns in a variety of ways over the years:
- **Noundry contributions**: Index Card head, Curling Stone head, broken heart accessory
- **Meta-governance support**: Lil Nouns, Nouncil, Lil Nouncil
- **ZeroWeight**: Experimented with providing a voice to community members without voting weight
- **Tabs**: Built a resource-focused dashboard for DAO information
- **Nouns.game**: Working on a Nouns client funded strictly through the incentive program, most known for the crystal ball
## Modifications
I think the Compliance Administrator role is already well defined, and it is best for the DAO’s overall health if it remains that way.
Based on my past experience, the Administrator will still receive requests that fall outside the specific scope of the role. When that happens, I will aim to be helpful without expanding authority. That may mean resolving something quickly, connecting the request with an appropriate DAO member, or bringing it to the broader DAO for discussion, with the goal of reducing friction and keeping things running smoothly.
## Eligibility
This proposal is in accordance with the 2026 DUNA Admin Election process ratified by [the Election Process proposal](https://www.nouns.camp/proposals/905), and meets the following criteria:
- Candidate proposals must be submitted onchain during the designated submission window.
- Compensation streams for all admin candidates must begin 2/1/26 and end 1/31/27 and shall not exceed 100,000 USDC.
- Nominees must refrain from influencing the election through voting, meta-governance, or governance discussions, including but not limited to Lil Nouns, Nouncil, or Nogs.
## Closing Statement
I’m grateful for the time I’ve spent with Nouns so far, from the first FOMO and OG Noundry, through the different “seasons” and forks, and of course the infamous DUNA transition. I hope to keep contributing in whatever way is most useful, regardless of the outcome, and I’m excited to see how Nouns continues to change everyday, forever.
---
# 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](https://nouns.wtf/vote/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](https://wyoleg.gov/2024/Enroll/SF0050.pdf)**, 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](https://nouns.wtf/vote/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](https://nouns.wtf/vote/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:
1. 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.
2. The Compliance Administrator may coordinate the contracting of a Registered Agent as allows by the **[Wyoming DUNA Act](https://wyoleg.gov/2024/Enroll/SF0050.pdf)**, 17-32-110 "Appointment of agent to receive service of process", and serve as the contact for said agent.
3. 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.
4. 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.
5. 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.
Additionally, the Compliance Administrators will avoid voting on Nouns DAO proposals in any subdaos or meta-governance during their term.
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](https://wyoleg.gov/2024/Enroll/SF0050.pdf)**.
## 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](https://wyoleg.gov/2024/Enroll/SF0050.pdf)**, 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 **Index**'s role as Compliance Administrator 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 **Index** that sets forth the proposed compensation and other terms and conditions of their role as Compliance Administrator.
---
### Transactions
- Stream **72,000 USDC** to **indexcard.eth (**0x10deC36B4AC9d3b60490dFE2799881287d4a74cc) from 2/1/2026 through 1/31/2027appoint-index-as-duna-compliance-administrator
# Extend DUNA Administrators for 4 Months
## TL;DR
Renew the terms of **Index (Compliance Administrator)** and **Satori (Reserve Compliance Administrator)** for a 4-month extension. This short extension is to adjust administrator terms to be better aligned with tax filing deadlines and allow the DAO more time to reach consensus on how to handle elections.
Nouns has fully transitioned to a Wyoming Decentralized Unincorporated Nonprofit Association (DUNA), and the continuation of administrator support is required to maintain legal compliance, operational continuity, tax readiness, and oversight of grant-related activities. This proposal restates administrator responsibilities, outlines current workload expectations, and reauthorizes the previously granted powers, duties, and compensation streams.
The Compliance Administrators’ duties, responsibilities and authorization to act on behalf of the DAO are enumerated in the Bylaws set forth in [Proposal 727](https://nouns.wtf/vote/727). This extension proposal reaffirms those responsibilities and maintains the same modifications originally granted through our initial terms. (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.
---
## Introduction
Over the first year of the DUNA, we have developed strong synergy working together in handling Nouns’ compliance obligations. While the Bylaws distinguish the Compliance Administrator and Reserve Compliance Administrator roles, in practice we have handled the work side-by-side, ensuring full coverage, knowledge continuity, and responsiveness to the DAO.
Maintaining the current administrators provides continuity during an important phase of ongoing compliance and structural work. A change in administrators will require elections, onboarding, and a transition period, which would add time and overhead while these processes are still being finalized.
We are requesting a 4-month extension to keep that continuity in place through the DAO's first tax filing and give the DAO a stable path forward.
We will be submitting a candidate with a proposed process for elections with a distinct timeline beginning in April after the tax filing deadline. This timeline ensures that Admins are able to remain focused on tax filings through the deadline without distractions, and can then shift focus to elections and potential onboarding/transition to new admins as needed.
## Moving Forward
The first year of DUNA operations has been a transition period, moving from the Foundation-led era into a fully decentralized administrative structure managed directly by DAO-elected participants. Throughout this process, we have worked to establish clear documentation and introduce repeatable compliance and reporting practices that did not previously exist within the DAO.
With these foundations in place, we have begun upgrading our professional partners to better align with the DAO’s needs. Our new tax advisors are actively supporting structure review and long-term strategy recommendations that will be presented to the DAO. We have been evaluating more crypto-native advisory options that offer stronger reporting tools and more cost-effective support. As we reach the end of our current contracts, we will weigh our options and determine whether changes in service providers would improve transparency, alignment with onchain operations, or overall cost efficiency.
As the DUNA moves into its second year, we expect continued efficiencies in both process and workload. Assuming progress continues as anticipated, our goal is to present an operational budget that reflects these efficiencies and aligns costs accordingly.
A continuation of the current admin team supports a smooth completion of these improvements and shifts the DAO from its initial setup phase into a more stable, streamlined operational model that is easier for Nouns to sustain long term.
---
## DUNA Context
Nouns DAO has completed its transition from a Cayman Foundation structure to a Wyoming DUNA, as authorized in [Proposal 662](https://nouns.wtf/vote/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](https://wyoleg.gov/2024/Enroll/SF0050.pdf)**, 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 unincorporated 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](https://nouns.wtf/vote/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](https://nouns.wtf/vote/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:
1. Reviewing each DAO proposal for compliance with applicable laws and regulations and the DAO's 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.
2. The Compliance Administrator may coordinate the contracting of a Registered Agent as allows by the **[Wyoming DUNA Act](https://wyoleg.gov/2024/Enroll/SF0050.pdf)**, 17-32-110 "Appointment of agent to receive service of process", and serve as the contact for said agent.
3. 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.
4. 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.
5. 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.
Additionally, the Compliance Administrators will avoid voting on Nouns DAO proposals in any subdaos or meta-governance during their term.
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](https://wyoleg.gov/2024/Enroll/SF0050.pdf)**.
## Term
The intended term for our roles as Compliance Administrators under this proposal is 4 months from the end of our current contracts on January 28 & 29, 2026. The DAO may adjust this term via proposal to remove/replace us 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](https://wyoleg.gov/2024/Enroll/SF0050.pdf)**, 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 Index's role as Compliance Administrator will be $8,333.25 USDC per month paid via stream. This stream will be cancellable upon the passage of a proposal to remove and/or replace the Compliance Administrator.
The proposed compensation for Satori's role as Reserve Compliance Administrator will be $8,333.25 USDC per month paid via stream. This stream will be cancellable upon the passage of a proposal to remove and/or replace the Reserve 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 Administrator Agreements with Index and Satori that set forth the proposed compensation and other terms and conditions of their roles as Compliance Administrators.
---
## Closing Statement
The first year of the DUNA has laid the foundation for compliant, transparent, and durable onchain governance. Renewing the Administrator roles ensures continuity, protects the DAO from avoidable legal and tax risk, and maintains the operational clarity members have repeatedly requested.
Nouns is pioneering a new model of decentralized legal presence. Stable and accountable stewardship of the DUNA is essential. We appreciate the trust the DAO has placed in us and look forward to continuing to support Nouns.
### Transactions
- Stream 33,333 USDC to indexcard.eth (0x10dec36b4ac9d3b60490dfe2799881287d4a74cc)
- Stream 33,333 USDC to safe.0xsatori.eth (0x3A5aDBda1b45FbB0D870b879C50C15FcCFa2dB2B)
---extend-duna-administrators-for-4-months
transfer(address,uint256)# Fund Nouns Payer Contract with USDC
Unfortunately, the [Nouns DAO Payer](https://etherscan.io/address/0xd97Bcd9f47cEe35c0a9ec1dc40C1269afc9E8E1D) contract ran out of USDC during the execution of Proposal 855. The DAO currently has a USDC debt of ~53.5k from both [Proposal 855](https://nouns.wtf/vote/855) and [Proposal 856](https://nouns.wtf/vote/856).
I'm proposing to refill the Payer contract with 200,000 USDC in order to pay down the current debt and leave a buffer for future proposals. The DAO currently has over 900k USDC sitting in the treasury. These funds can be withdrawn back to the Treasury at any point via proposal.
- - -
Historically, transactions were automatically added to proposals to transfer ETH to the Token Buyer, which would eventually be used to fill up the Payer contract. These were turned off as the DAO began to run low on native ETH. Proposals are still requesting USDC from the Payer contract, but without the Buyer contract refills being included.
Proposals can also request USDC directly from the DAO Treasury instead of the Payer for future reference.
transfer(address,uint256)# Fund Nouns Payer Contract with USDC
Unfortunately, the [Nouns DAO Payer](https://etherscan.io/address/0xd97Bcd9f47cEe35c0a9ec1dc40C1269afc9E8E1D) contract ran out of USDC during the execution of Proposal 855. The DAO currently has a USDC debt of ~53.5k from both [Proposal 855](https://nouns.wtf/vote/855) and [Proposal 856](https://nouns.wtf/vote/856).
I'm proposing to refill the Payer contract with 200,000 USDC in order to pay down the current debt and leave a buffer for future proposals. The DAO currently has over 900k USDC sitting in the treasury. These funds can be withdrawn back to the Treasury at any point via proposal.
- - -
Historically, transactions were automatically added to proposals to transfer ETH to the Token Buyer, which would eventually be used to fill up the Payer contract. These were turned off as the DAO began to run low on native ETH. Proposals are still requesting USDC from the Payer contract, but without the Buyer contract refills being included.
Proposals can also request USDC directly from the DAO Treasury instead of the Payer for future reference.
Providing some clarification on two aspects of the prop:
1. Wrapping stETH does not trigger a taxable event.
2. Switching to wstETH removes the daily accrual of staking rewards, which are generally treated as taxable ordinary income. Instead, rewards accrue through price appreciation, and taxable income may be deferred until the tokens are unwrapped or swapped for another asset.
While the exact tax savings will need to be determined later, the DAO currently accrues over $500 per day in staking income.
The tax concerns outlined previously have now been addressed. Thanks to the Nouncil multisig for working together on a solution.
+1
> Because the incentive rewards are being allocated to a collective rather than an individual or tax-reporting entity, the DAO will be required to withhold and remit taxes on the total amount of incentives Nouncil claims unless a proper taxpayer is identified. To avoid unnecessary tax burden on the DAO, one of the following must occur:
> - A single individual claims the funds and agrees to complete KYC and pay the associated taxes, or
> - A legitimate legal entity is established to receive the funds and assume tax responsibility.
>
> If no tax-reporting recipient is identified in time, the DAO will be responsible for withholding ~24% of the fair market value as backup withholding.
request-for-input:-super-accounts-<>-nouns-proposal@0x33a7...1FfC
Nouns is able to earn income from NFT sales with that revenue going back into the Treasury to continue funding the DAO’s goals and initiatives.
> I had the opportunity to test out the Super Account when it was in Beta and have been actively using since. The platform is great and I can see this scaling tremendously. I would love to hear more on perks designed specifically for Nouns holders.
>
> Would someone mind giving clarification as to the rules regarding promises of returning funds to the DAO with DUNA in effect.
>
> "The NFT minter will charge ~0.01 ETH per mint, with revenue split 50/50 between NounsDAO and our team. Our goal is 1,000 mints within three months of launch."
Yes, we must be diligent in keeping things flat and decentralized under DUNA, but I don’t think GitHub access is an issue in that regard.
The DAO runs on smart contracts on Ethereum, and only the DAO can make changes to those contracts through onchain governance.
Nouns.wtf and the GitHub repo are just two of several places where the community can now build around the protocol, not the core protocol itself. Anyone can submit a pull request, and there are many contributors with merge access, so responsibility is already pretty spread out.
I see this as a good step toward more open source collaboration, and we can keep moving in that direction if that’s where the DAO wants to go.
setDunaAdmin(address)# Set DUNA Admin Communications Address on Data Contract
**TL;DR:** Set the DUNA Admin address on the Data Contract to a 1 of 2 multi-sig with Index and Satori as the owners.
---
This proposal uses the \`setDunaAdmin\` function on the recently upgraded Data Contract to [admin.nounsduna.eth](https://etherscan.io/address/0xcf2f348C58003da37f2cC3B7bD8E99Fc2Ec0b49a) ([0xcf2f348C58003da37f2cC3B7bD8E99Fc2Ec0b49a](https://etherscan.io/address/0xcf2f348C58003da37f2cC3B7bD8E99Fc2Ec0b49a)). This address is a 1 of 2 [multi-sig](https://app.safe.global/home?safe=eth:0xcf2f348C58003da37f2cC3B7bD8E99Fc2Ec0b49a) currently owned by Index and Satori.
---
*For additional context on the Data Contract upgrade please see* [Proposal 747](https://www.nouns.camp/proposals/747) *- Data Contract V2: DUNA Admin Communications.*
# Appoint Index Card (Noun 487) as Nouns DUNA Compliance Administrator
**TL;DR**: Appoint **Index Card (Noun 487)** as a DUNA Compliance Administrator. This prop lays out relevant legal guidance, admin responsibilities, and related information for the first 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 prop 727. This prop 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.
## DUNA Legal Entity:
Nouns is transitioning from a Cayman Islands Foundation with a Foundation Board managing the DAO's legal interests to a Decentralized Unincorporated Nonprofit Association in Wyoming. Under the DUNA law, administrators are defined as follows:
"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](https://wyoleg.gov/2024/Enroll/SF0050.pdf)**, 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 intention is for the Nouns DUNA Compliance Administrators to fulfill duties similar to that of a compliance officer by ensuring that the DAO follows relevant laws, serving as a conduit between the DAO and its legal and tax advisors, ensuring that tax information is collected from grant recipients, and communicating relevant information to DAO members.
## About Index:
**⌐◨-◨ Index** (**[@indexcard.eth](https://warpcast.com/indexcard.eth)**):
Hi, I'm Index / Noun 487 / Bag / Ball, a long-time Nouns community member and tinkerer within the nounish ecosystem.
Some contributions as follows: pixel art (index card, curling stone, broken heart), facilitate hundreds of meta-gov votes through various multi-sigs, developed and ran the zero weight meta-governance experiment, created a nouns centric directory at tabs.wtf, and I continue to pilot small experiments with my client nouns.game.
## Admin 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 prop 727. Per Nouns DAO prop 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:
1. 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.
2. The Compliance Administrator may coordinate the contracting of a Registered Agent as allows by the **[Wyoming DUNA Act](https://wyoleg.gov/2024/Enroll/SF0050.pdf)**, 17-32-110 "Appointment of agent to receive service of process", and serve as the contact for said agent.
3. 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.
4. The Compliance Administrator shall be responsible for the legal enactment of any props 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.
5. 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.
## Administrator's 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 prop, but will communicate on-chain in regards to compliance. They will retain all other rights as a member of the DAO.
Additionally, the Compliance Administrators will avoid voting on Nouns DAO proposals in any subdaos or meta-governance during their term.
The Compliance Administrators may however submit any proposals needed to further the authorized activities noted in this prop 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](https://wyoleg.gov/2024/Enroll/SF0050.pdf)**.
## Term:
The intended term for my role as a Compliance Administrator under this proposal is 1 year from the execution of this proposal. The DAO may adjust this term via proposal to remove/replace me as a Compliance Administrator. 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](https://wyoleg.gov/2024/Enroll/SF0050.pdf)**, 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:
In the DUNA prop passed by the DAO, an annual budget of $200,000 USDC was set aside for Administrator compensation.
The proposed compensation for my role as Compliance Administrator will be $8,600 USDC per month paid via stream. 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.
The $200,000 USDC allotted in Proposal 662 will be returned by The Foundation to the DAO's treasury upon the successful winding down of The Foundation.
Following the successful passing of this proposal, the DUNA will enter into an Administrator Agreement with index that sets forth the proposed compensation and other terms and conditions of his role as Compliance Administrator.adding transaction to help maintain Token Buyer/Payer balances in accordance with stream amount.
i've always been pretty supportive of nounish people doing their thing in the name of nouns. so from that perspective i'm a +for. if this proposal doesn't pass, I would like to see if the DAO can support some of the more actively nounish members of nouns.fe.
# Appoint Index Card (Noun 487) as Nouns DUNA Compliance Administrator
**TL;DR**: Appoint **Index Card (Noun 487)** as a DUNA Compliance Administrator. This prop lays out relevant legal guidance, admin responsibilities, and related information for the first 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 prop 727. This prop 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.
## DUNA Legal Entity:
Nouns is transitioning from a Cayman Islands Foundation with a Foundation Board managing the DAO's legal interests to a Decentralized Unincorporated Nonprofit Association in Wyoming. Under the DUNA law, administrators are defined as follows:
"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](https://wyoleg.gov/2024/Enroll/SF0050.pdf)**, 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 intention is for the Nouns DUNA Compliance Administrators to fulfill duties similar to that of a compliance officer by ensuring that the DAO follows relevant laws, serving as a conduit between the DAO and its legal and tax advisors, ensuring that tax information is collected from grant recipients, and communicating relevant information to DAO members.
## About Index:
**⌐◨-◨ Index** (**[@indexcard.eth](https://warpcast.com/indexcard.eth)**):
Hi, I'm Index / Noun 487 / Bag / Ball, a long-time Nouns community member and tinkerer within the nounish ecosystem.
Some contributions as follows: pixel art (index card, curling stone, broken heart), facilitate hundreds of meta-gov votes through various multi-sigs, developed and ran the zero weight meta-governance experiment, created a nouns centric directory at tabs.wtf, and I continue to pilot small experiments with my client nouns.game.
## Admin 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 prop 727. Per Nouns DAO prop 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:
1. 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.
2. The Compliance Administrator may coordinate the contracting of a Registered Agent as allows by the **[Wyoming DUNA Act](https://wyoleg.gov/2024/Enroll/SF0050.pdf)**, 17-32-110 "Appointment of agent to receive service of process", and serve as the contact for said agent.
3. 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.
4. The Compliance Administrator shall be responsible for the legal enactment of any props 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.
5. 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.
## Administrator's 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 prop, but will communicate on-chain in regards to compliance. They will retain all other rights as a member of the DAO.
Additionally, the Compliance Administrators will avoid voting on Nouns DAO proposals in any subdaos or meta-governance during their term.
The Compliance Administrators may however submit any proposals needed to further the authorized activities noted in this prop 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](https://wyoleg.gov/2024/Enroll/SF0050.pdf)**.
## Term:
The intended term for my role as a Compliance Administrator under this proposal is 1 year from the execution of this proposal. The DAO may adjust this term via proposal to remove/replace me as a Compliance Administrator. 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](https://wyoleg.gov/2024/Enroll/SF0050.pdf)**, 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:
In the DUNA prop passed by the DAO, an annual budget of $200,000 USDC was set aside for Administrator compensation.
The proposed compensation for my role as Compliance Administrator will be $8,600 USDC per month paid via stream. 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.
The $200,000 USDC allotted in Proposal 662 will be returned by The Foundation to the DAO's treasury upon the successful winding down of The Foundation.
Following the successful passing of this proposal, the DUNA will enter into an Administrator Agreement with index that sets forth the proposed compensation and other terms and conditions of his role as Compliance Administrator.
# Appoint Index Card (Noun 487) as Nouns DUNA Compliance Administrator
**TL;DR**: Appoint **Index Card (Noun 487)** as a DUNA Compliance Administrator. This prop lays out relevant legal guidance, admin responsibilities, and related information for the first 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 prop 727. This prop 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.
## DUNA Legal Entity:
Nouns is transitioning from a Cayman Islands Foundation with a Foundation Board managing the DAO's legal interests to a Decentralized Unincorporated Nonprofit Association in Wyoming. Under the DUNA law, administrators are defined as follows:
"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](https://wyoleg.gov/2024/Enroll/SF0050.pdf)**, 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 intention is for the Nouns DUNA Compliance Administrators to fulfill duties similar to that of a compliance officer by ensuring that the DAO follows relevant laws, serving as a conduit between the DAO and its legal and tax advisors, ensuring that tax information is collected from grant recipients, and communicating relevant information to DAO members.
## About Index:
**⌐◨-◨ Index** (**[@indexcard.eth](https://warpcast.com/indexcard.eth)**):
Hi, I'm Index / Noun 487 / Bag / Ball, a long-time Nouns community member and tinkerer within the nounish ecosystem.
Some contributions as follows: pixel art (index card, curling stone, broken heart), facilitate hundreds of meta-gov votes through various multi-sigs, developed and ran the zero weight meta-governance experiment, created a nouns centric directory at tabs.wtf, and I continue to pilot small experiments with my client nouns.game.
## Admin 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 prop 727. Per Nouns DAO prop 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:
1. 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.
2. The Compliance Administrator may coordinate the contracting of a Registered Agent as allows by the **[Wyoming DUNA Act](https://wyoleg.gov/2024/Enroll/SF0050.pdf)**, 17-32-110 "Appointment of agent to receive service of process", and serve as the contact for said agent.
3. 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.
4. The Compliance Administrator shall be responsible for the legal enactment of any props 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.
5. 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.
## Administrator's 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 prop, but will communicate on-chain in regards to compliance. They will retain all other rights as a member of the DAO.
Additionally, the Compliance Administrators will avoid voting on Nouns DAO proposals in any subdaos or meta-governance during their term.
The Compliance Administrators may however submit any proposals needed to further the authorized activities noted in this prop 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](https://wyoleg.gov/2024/Enroll/SF0050.pdf)**.
## Term:
The intended term for my role as a Compliance Administrator under this proposal is 1 year from the execution of this proposal. The DAO may adjust this term via proposal to remove/replace me as a Compliance Administrator. 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](https://wyoleg.gov/2024/Enroll/SF0050.pdf)**, 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:
In the DUNA prop passed by the DAO, an annual budget of $200,000 USDC was set aside for Administrator compensation.
The proposed compensation for my role as Compliance Administrator will be $8,600 USDC per month paid via stream. 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.
The $200,000 USDC allotted in Proposal 662 will be returned by The Foundation to the DAO's treasury upon the successful winding down of The Foundation.
Following the successful passing of this proposal, the DUNA will enter into an Administrator Agreement with index that sets forth the proposed compensation and other terms and conditions of his role as Compliance Administrator.nouns-duna-admin-2025
# Nouns DUNA Admin 2025
# Nouns DUNA Admin 2025
TL;DR Appoint **index** as the DUNA Compliance Administrator. This prop lays out relevant legal guidance, admin responsibilities, and related information for the first DUNA admin term.
## DUNA Legal Entity:
Nouns is transitioning from a Cayman Islands Foundation with a Foundation Board managing the DAO's legal interests to a Decentralized Unincorporated Nonprofit Association in Wyoming. Under the DUNA law, administrators are defined as follows:
"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](https://wyoleg.gov/2024/Enroll/SF0050.pdf)**, 17-32-102. Definitions(a)(i)) Additionally, section 17-32-123. Selection of administrators; rights and duties of administrators provides guidance leaving it up to the DAO to lay out specific duties.
The intention is for the Nouns DUNA Admin to serve as a compliance officer ensuring that the DAO follows relevant laws, serve as conduits between the DAO and the legal and tax advisors, ensure that tax information is collected from grant recipients, and communicate relevant information to DAO members.
## About Index:
**⌐◨-◨ Index** (**[@indexcard.eth](https://warpcast.com/indexcard.eth)**):
Hi, I'm Index / Noun 487 / Bag / Ball, a long-time Nouns community member and tinkerer within the nounish ecosystem.
Some contributions as follows: pixel art (index card, curling stone, broken heart), facilitate hundreds of meta-gov votes through various multi-sigs, developed and ran the zero weight meta-governance experiment, created a nouns centric directory at tabs.wtf, and I continue to pilot small experiments with my client nouns.game.
## Admin 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. Per Nouns DAO prop 662, Administrator "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 Administrator's duties shall include:
1. Review each DAO proposal for compliance with US laws and 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 any relevant US laws (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 the regulatory or legal risks, notifying the Veto Administrator(s), or engaging outside legal counsel and advisors.
2. The Compliance Administrator will ensure the contracting of a Registered Agent as required by the **[Wyoming DUNA Act](https://wyoleg.gov/2024/Enroll/SF0050.pdf)**, 17-32-110 "Appointment of agent to receive service of process" and serve as the contact for said agent.
3. The Compliance Administrator shall be responsible for contracting legal and tax professionals, ensure that taxes are filed, and serve as the DAOs contact with said professionals and related contractors.
4. The Compliance Administrator shall be responsible for the legal enactment of any props passed by the DAO such as the execution of contracts or agreements, the opening of bank accounts, or the facilitating of payments of DAO debts or liabilities.
5. The Compliance Administrator shall be responsible for communicating relevant DUNA information to DAO members as needed and facilitate 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 prop, but will communicate on-chain in regards to compliance. They will retain all other rights as a member of the DAO.
Additionally, the Compliance Administrator will avoid voting on Nouns DAO proposals in any subdaos or meta-governance during their term.
The Compliance Administrator may however submit any proposals needed to further the authorized activities noted in this prop 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 and pay any necessary DAO service providers and bills that have been authorized via 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](https://wyoleg.gov/2024/Enroll/SF0050.pdf)**.
## Term:
The intended term for the Compliance Administrator under this proposal is for 1 year from the execution of this proposal. The DAO may adjust this term via proposal to remove/replace the Compliance Administrator. 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](https://wyoleg.gov/2024/Enroll/SF0050.pdf), and any by-laws or related proposals passed by the DAO that may alter the duties, responsibilities or limitations of the Administrator.
## DUNA Admin Payment:
In the DUNA prop passed by the DAO, an annual budget of $200,000 USDC was set for Administrator compensation.
The proposed compensation for the Compliance Administrator will be $8600 USDC per month paid via stream. 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 Administrators duties will be submitted for authorization via proposals to the DAO.
The $200,000 USDC allotted in Proposal 662 will be returned by The Foundation to the DAO's treasury upon the successful winding down of The Foundation.nouns-duna-admin-2025
+1
> ```
> +1
> > The Variety team continues to deliver big-impact charitable events that tastefully showcase Nouns and produce high-quality content that coincides.
> >
> > It’s public good activations like this that make us proud to be Nounish! ⌐◨-◨
> >
> > We back the team and look forward to seeing all the smiles at this Nounish Christmas!
> ```
+1
> Skimming this, there's not one noggle or mention in any of the images. I had hopes that the original proposal would produce really creative uses of either the artwork or code (something like what Tigris is up to), but Nouns seems to be an afterthought for everyone involved. Artists are already using blockchains as a medium. Let's see how they can use Nouns as a medium.
This proposal has not adequately addressed the argument against the viability of a fork. The proposal claims that "arbitrage" will be removed by DUNA, which is a questionable argument considering a fork is no longer an option. If this prop was able to elaborate on a specific roadmap, perhaps outlining the process for creating a separate DAO, then it might be more convincing.
magical governance thanks to 🪄
Mostly indifferent here, but not really too into the rounds model for sourcing content/deliverables. I felt the same way about props using PH towards the end of its lifecycle.
The Nouncil has spoken.
We discuss all Nouns proposals every week in our We discuss all Nouns proposals every week in our [Discord](https://discord.gg/fdjJpMeV6K). The calls are public and all are welcome!
You can find a link to previous call recordings in our Discord "links" channel.
Poll failed to meet vote threshold. The Nouncil appreciates the energy and dedication Carlos brings and hope that he will try again should this prop not succeed at Nouns. The fact that this was not an against speaks for itself.
**FOR - 14 VOTES**
**bigshotklim** | *"Carlos is a solid builder with great ideas and has been working hard to onboard some great nounish builders from every walk of life, I think that we should let him cook"*
**AGAINST - 13 VOTES**
**ABSTAINS - 6 VOTES**The Nouncil has not spoken.
We discuss all Nouns proposals every week in our We discuss all Nouns proposals every week in our [Discord](https://discord.gg/fdjJpMeV6K). The calls are public and all are welcome!
You can find a link to previous call recordings in our Discord "links" channel.
Against - Wins
**FOR - 6 VOTES**
**AGAINST - 17 VOTES**
**ABSTAINS - 10 VOTES**The Nouncil has spoken.
We discuss all Nouns proposals every week in our We discuss all Nouns proposals every week in our [Discord](https://discord.gg/fdjJpMeV6K). The calls are public and all are welcome!
You can find a link to previous call recordings in our Discord "links" channel.
The Nouncil is happy to see more nouns get out and about. Zero against votes, which hasn’t happened since the last time it happened some time ago.
For - Wins
**FOR - 33 VOTES**
**peterpandam** | *"let's play"*
**borg00000** | *"good thing peterpandam didnt get a chance to burn these nouns before requesting them."*
**bigshotklim** | *"Esports cooks with gas. Lets keep them cooking"*
**cheffo** | *"Good fun prop adding to the lore.Yes - Cheffo"*
**sqx.pcc** | *"delegations to those who are interested is the best intro to ⌐◨-◨.
esports IMO is still the best vertical. we o reach the masses. giving members more agency makes the outward discussion easier."*
**robotfishgirl** | *"we like the nouns.gg/rounds"*
**AGAINST - 0 VOTES**
**ABSTAINS - 5 VOTES**
Throwing a for vote in support of Tagawa, but with the understanding that this proposal is not passing and could indeed benefit from some improvements in clarity and/or scope adjustments. I hope theres a version of this prop that both the DAO and Tagawa (+team) can feel excited about.
Either way, look forward to seeing more nounish drawings almost every single day on FC/X.
**The Nouncil has spoken.**
We discuss all Nouns proposals every week in our Discord https://discord.gg/fdjJpMeV6K. The calls are public and all are welcome!
You can find a link to previous call recordings in our Discord "links" channel.
Nouncil has decided against this proposal, with 7 votes for, 21 against, and 5 abstentions. Many found the deliverables to be too muddled/vague/vast and would prefer more succinct explanations of each part or even separate proposals for separate deliverables. Using dates of events already passed also caused many to vote against this proposal. Overall the Nouncil greatly appreciates Tagawa-san and all he does for Nouns and children worldwide, and it is safe to say we are fans of the art and hope a new proposal will be made if this one does not pass. Thank you for proposing.
**FOR - 7 VOTES**
**AGAINST - 21 VOTES**
**patyiutazza** | Love the mission, don't love the deliverables. It seems as though this prop was first created in July and current version I'm looking at has timelines outdated.
If we're going to talk specifically on budget, I feel as though $33,000 is a tad high for me for these development costs when comparing previous props for noggles and their outcomes. Agree with the instructor training fees, but do not agree with childcare costs on this.
I would change my feeling if we saw more adoption from other nouns projects to utilize these Kitpas noggles, but right now I am basing my opinions on previous noggles builds and their needs from the community with regards to production.
**sqx.pcc** | I would be for morals creation and a preorder . all merch. pre order."*
**ABSTAINS - 5 VOTES**
I wasn't really feeling this prop that much tbh, but I've watched this dance clip a bunch of times and hence feel like slinging a +for.
https://warpcast.com/thepark/0x64b5a1a0
Don't feel strongly for or against, but think there could be a little more meaning and depth behind the 'why' of it all at this point in Nouns' journey.
**The Nouncil has spoken.**
We discuss all Nouns proposals every week in our Discord https://discord.gg/fdjJpMeV6K. The calls are public and all are welcome!
You can find previous call recordings here: https://nouncil.notion.site/30328df718424f17a623859018497fc2?v=806b5234a2a34b619c3d5028bcd879f0&pvs=4
Nouncil must abstain due to the poll failing to meet the required vote threshold and resulting in a split, contentious outcome. While some members supported the proposal, citing Drew's exemplary contributions and advocating for rewarding thoughtful governance, others raised concerns about setting a problematic precedent, the need for merit-based metrics, and potential issues of fairness and propriety in distributing Nouns. The evenly divided votes reflect the complexities and differing perspectives on establishing such rewards within the Nouns community.
Individual Reasons:
**FOR - 13 VOTES**
**benbodhi** | *"An interesting precedent to set. Drew has been an excellent example of a thoughtful nouns voter and I think even if we were to backlog this type of incentive, the treasury could afford to reward the best reason givers with a noun. So I’d support setting this precedent."*
**AGAINST - 13 VOTES**
**imwylin** | *""Soft precedent" became an issue for the United States Supreme Court, when it was derided as a "disturbing aspect" of the lower court's decision, "reason to grant review" by the Supreme Court, and that it was, "hard to imagine a reason that the Court of Appeals would not have published this opinion except to avoid creating binding law for the Circuit." - (https://ncapb.foxrothschild.com/2015/02/02/soft-precedent-unpublished-opinions-in-the-fourth-circuit-court-of-appeals/)
there are no other examples of hard vs soft precedent that I can find, and I find it similarly inappropriate for Nouns to establish this grey area as a formal practice. precedent is precedent, playing fast and loose like this is poor governance.
the core reasoning of this proposal is that a merit-based reward is due. meritocratic processes require metrics.
if the proposers is of the opinion there are other voters who should be given a Noun for the same or similar merits, they should be included in the proposal. otherwise, this and the subsequent proposals land more like a vote on Nounish Social Credit Score than a vote on the merits presented. This gives the appearance of impropriety in deciding who's in the club and who isn't, which would again be poor governance.
also of note for me, is that the individual to be rewarded entered the Nouniverse via a 10Ξ grant program, and was awarded $650,000 for a coffee shop without having completed due diligence before being awarded the funds. not trying to pocket watch anyone, it does seem as if the awardee ad the desire to purchase a Noun at auction, it could have happened by now.
since we're discussing precedent, the rush to award someone such a high level of funds without them performing basic diligence or a detailed overview of what the final product would be - a severe break from the precedent set by the Nouns Deli proposal - was not, in my opinion, an example of good precedent or governance"*
**peterpandam** | *"if he wants one they are available daily, dislike the concept of nominating people to receive nouns. plenty of people who contribute to nouns who don't own one. should they all receive one?
if money is an issue, ship a prop, use some of your compensation for executing that prop to save up towards purchasing a noun.
people should want to buy a noun, not encouraged to wait around and see if they are given one."*
**sqx.pcc** | *"the ad hoc nature of nouns as gifts is..."*
**ABSTAINS - 6 VOTES**
**The Nouncil has spoken.**
We discuss all Nouns proposals every week in our Discord https://discord.gg/fdjJpMeV6K. The calls are public and all are welcome!
You can find previous call recordings here: https://nouncil.notion.site/30328df718424f17a623859018497fc2?v=806b5234a2a34b619c3d5028bcd879f0&pvs=4
Nouncil has voted in overwhelming support of sponsoring the Onchain Summer Buildathon, recognizing it as an excellent opportunity. Voters appreciate the potential for positive, non-financial applications and commend the leadership of the Base team. Despite some concerns about centralization and the specifics of deliverables, the majority believe this is a positive proposal.
**FOR - 32 VOTES**
**mindtoasted** | *"Hell YEAH"*
**imwylin** | *"voting for, with the disclosure that Coinbase has flown me to Washington DC/ provided accommodations twice and had me on stage as a speaker, with another thing upcoming.
i'm also a bit hesitant about Base. Jesse, Brian Armstrong and the Base team give great vibes, the grants for builders are awesome. As much as I think Brian operates from a place of seeking individual liberty and securing the right to transact freely, have deep respect for him leading the charge of making the workplace an apolitical mission-focused space, and appreciate a16z's support for him/ those principles, I do worry about the centralization of the blockchain based internet on an L2 which is a revenue driver for a publicly traded company subject to regulatory scrutiny
hoping to see a push for non-financial applications, ie: ResearchHub/ DeSci, DePIN, private peer-to-peer transactions, and other postive-sum, incentive shifting mechanisms to solve real-world infrastructure & human rights issues from the team"*
**benbodhi** | *"yes.⌐◨-◨"*
**bigshotklim** | *"One of the best opportunities to expand reach in and outside of web3"*
**sqx.pcc** | *"havent read, but i like the title."*
**AGAINST - 1 VOTES**
**peterpandam** | *""NounsDAO would be included in all Onchain Summer communications, be listed as a primary supporter, receive Nouns branding on the Unplugged track and the ability to run workshops, and have a representative from Nouns as a hackathon judge."
deliverables are weak for the ask. who is running workshops? who is the judge? this prop needs more people listed as involved imo.
sponsoring the event may bring more awareness to Nouns but what is going to make the builders nounish?"*
**ABSTAINS - 2 VOTES**
i think there are some valid concerns raised by prev. voters, but trying to keep it as simple as possible:
would nouns benefit from having drew as a member? i think the answer is yes.
**The Nouncil has spoken.**
We discuss all Nouns proposals every week in our Discord https://discord.gg/fdjJpMeV6K. The calls are public and all are welcome!
You can find previous call recordings here: https://nouncil.notion.site/30328df718424f17a623859018497fc2?v=806b5234a2a34b619c3d5028bcd879f0&pvs=4
Support for the development of the $⌐◧-◧ token is based on its promise to democratize access to Nouns governance, allowing broader community involvement at various investment levels. This token aims to enhance decentralized participation and governance within the Nouns ecosystem. The positive vote reflects a belief in the potential of $⌐◧-◧ to create a more inclusive and engaging community, reinforcing the foundational values of the Nouns project.
**FOR - 18 VOTES**
**imwylin** | *"bold move by the economic majority"*
**borg00000** | *"Ah $⌐◨-◨, good to see you here finally."*
**peterpandam** | *"Sounds fun, will be a nice transparent way to purchase Nouns.
Love the idea of receiving $⌐◧-◧ for proposals, rounds, tips, etc."*
**benbodhi** | *"Super interesting and something I’d love to see in action. It’s been a long time coming imo."*
**AGAINST - 9 VOTES**
**ABSTAINS - 2 VOTES**