# Appoint Peterpandam as DUNA Compliance Administrator

## TL;DR 

Appoint peterpandam 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.

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## Introduction 

Hello everyone, I am submitting this proposal to formally appoint myself, Peterpandam, as a DUNA Compliance Administrator. 

I have been an active member of the Nouns ecosystem since the spring of 2022. My journey began with Nouns Esports, a project that significantly accelerated my crypto education and sparked a deep curiosity for decentralized governance. Since then, I have maintained a consistent and dedicated presence across various Nouns activities and sub-communities.

While I am stepping back from the day-to-day operations of Nouns Esports this year, I remain committed to contributing to the DAO. The DUNA Compliance Administrator role allows me to apply my operational expertise to benefit the collective while I evaluate my next creative endeavors within the ecosystem.

I am uniquely qualified for this position due to my experience operating small-to-medium-sized businesses. Throughout my professional career, I have routinely collaborated with legal counsel, financial advisors, and accountants to ensure that all entities and personnel (both employees and contractors) operate within a compliant and secure framework.

In 2025 I took the lead on compliance for Nouns Esports. In this capacity, I ensured the safety and regulatory standing of our operations and managed the onboarding and compliance for over 50 KYC’d contractors.

I understand that managing finances, tax liabilities, and sensitive personal information is a labor-intensive task. However, it is a crucial foundation for any organization operating at scale. I am comfortable, experienced, and fully prepared to bring this level of administrative support to Nouns in 2026.

**Additional Note:** I am based in the United States of America.

## Modifications 

I don’t have any modifications to the role's scope. I am offering my services to execute the job exactly as it’s described. I have no interest in expanding the scope or "upselling" my services to the DAO in hopes of being chosen. 

In most traditional small businesses, these responsibilities are handled by a CEO. However, Nouns is a DAO with a unique DUNA entity, which requires a different approach. This role should exist to help the DAO move forward while staying outside the scope of influence whenever possible. My plan is to provide the necessary administrative support without overstepping into the DAO’s creative or governing direction.

## Eligibility 

This proposal is in accordance with the 2026 DUNA Admin Election process ratified by the Election Process proposal, 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

Thank you for your consideration. Regardless of the outcome, there are no hard feelings if I am not chosen. I believe Index and Satori did a fantastic job in 2025. Their willingness to dive in and pioneer the future of this DAO is honorable and will always be a part of our history. If the community desires, I would be more than happy to serve the DAO in a similar capacity.

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# 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.

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# 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:

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.
The Compliance Administrator may coordinate the contracting of a Registered Agent as allows by the Wyoming DUNA Act, 17-32-110 "Appointment of agent to receive service of process", and serve as the contact for said agent.

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.
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.

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 Peterpandam's role as Compliance Administrator will be 80,000 USDC paid via stream (6,666.67 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 Peterpandam that sets forth the proposed compensation and other terms and conditions of their role as Compliance Administrator.

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# Transactions 

Stream 80,000 USDC to 0xc8121992BF7869CE3b16463822BBeD8b4E9701DB from 2/1/2026 through 1/31/2027

Outcome: DEFEATED