Collective Nouns: A Community-Curated Daily Auction on BASE in Support of The Yellow Collective
Nouns Proposal 981
Canceled
Termination of Secondary DUNA Administration Services
Proposed by 0xB875...3309
For
0
Against
71
Abstain
15
Description
This proposal seeks to terminate the engagement of the secondary ("backup") DUNA administrator. Following a review of current DAO operations, activity levels, and fiscal requirements, it has been determined that maintaining a redundant administrative layer is unnecessary and represents an inefficient use of the Nouns DAO treasury.
Motivation
Nouns DAO currently retains two DUNA administrators. While redundant support was initially envisioned as a safeguard, the current operational state of the DAO does not necessitate dual admin coverage.
- Operational Requirements: Current governance activity and proposal throughput are at levels that are fully managed by a single administrator.
- Fiscal Prudence: The secondary admin incurs an annual cost of $60,000 USD. Given that Nouns DAO is currently experiencing a period of low auction activity...exacerbated by existing reserve price constraints...it is the responsibility of the community to eliminate non essential outflows.
- Alignment: Capital preservation is critical during market downturns or periods of low treasury velocity. Removing this redundant expense aligns the DAO’s spending with its current operational reality.
Specification
- Termination: The contract/agreement with Satori shall be terminated effective immediately
- Payment Cessation: All recurring payments to Satori shall cease upon the effective date of termination.
- Governance: The primary DUNA administrator will remain as the sole point of contact for administrative, compliance, and regulatory filing requirements for the Nouns DUNA.
Financial Impact
- Immediate Savings: $39,500 USD from the remaining money in the contract
- Treasury Impact: This move improves the DAO’s runway by reducing fixed overhead costs that provide no marginal utility under the current cadence of governance.
Proposed Transactions
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0x5060b076C0Cf85eD1eb417f819EC01B8203EDd17.recoverTokens(address)(
0x000000000000000000000000d97bcd9f47cee35c0a9ec1dc40c1269afc9e8e1d
)