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.