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As of March 17th, 2025, Nouns DAO has officially been established as a Wyoming DUNA!
Since stepping into the role, we’ve made significant progress in establishing key infrastructure and workflows to support DAO compliance and administrative operations. Here’s what we’ve accomplished so far:
Legal and Compliance
Onboarded with legal, tax, and accounting consultants to ensure best practices in compliance and operational setup.
Upgraded the data contract to support admin communications and compliance signaling.
Explored KYC solutions to determine the best service providers for our needs.
Finances
Initiated banking and exchange services, including opening a Coinbase account and exploring traditional banking options.
Topped up the USDC payer contract to ensure continued smooth transactions.
Collaborated with two Nouners to facilitate the return of 93,456.979999 USDC for uncompleted work in the Nouns x Farcaster client round (498.wtf).
Communications
Secured Paragraph.xyz/@nouns as a dedicated hub for compliance-related updates and DAO communications.
Established a multisig to facilitate secure administrator communications (admin.nounsduna.eth).
Set the admin address in the data contract to our communications multisig.
Engaging with governance clients to integrate compliance communications and explore the implementation of KYC into proposal process flows (Camp, Probe).
We are very excited about the progress we are making as we lay the foundation for the future of Nouns. Stay tuned for further updates!
Satori,
