Summary

This proposal approves the engagement of Quantum Counsel LLC as legal counsel for the LCAI DUNA under the terms outlined in the provided engagement letter.

---

Motivation

As Lightchain AI continues to operate under the LCAI DUNA framework, legal support is required to handle compliance, regulatory matters, intellectual property, and other DAO-approved activities.

Quantum Counsel has provided an engagement letter outlining the scope of representation, fee structure, and terms of service.

This proposal ensures that the DAO formally approves this agreement in alignment with governance requirements.

---

Proposal

Approve the engagement of Quantum Counsel LLC under the terms outlined in the engagement letter, including:

Scope of representation limited to legal matters approved through DAO governance proposals. Hourly billing rates of $450 for attorneys and $200 for paralegals. Retainer requirement of $20,000 held in trust. Monthly billing and expense reimbursement structure.

Authorize Quantum Counsel to perform legal services in accordance with DAO-approved proposals.

---

Rationale

This proposal aligns legal engagement with DAO governance, ensuring that all legal services are performed within the scope of community-approved actions.

It provides transparency around legal costs while enabling the DAO to operate effectively within a structured legal framework.

---

Execution

Upon passage, this proposal shall serve as approval and acceptance of the engagement letter. This approval shall constitute the DAO’s digital signature as outlined in the agreement. Legal services may begin in accordance with DAO-approved actions.

---

Constraints

This proposal does not authorize discretionary legal action outside DAO-approved. proposals All legal work must remain tied to governance-approved scope. This proposal does not grant control over treasury beyond approved payments.

---

Voting Options

FOR: Approve engagement of Quantum Counsel LLC under the outlined terms. AGAINST: Do not approve. ABSTAIN: No opinion.