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Dan Romero pfp
Dan Romero
@dwr.eth
DUNA AMA @cowriellc and @milesjennings are talking about Wyoming's new legal entity for DAOs!
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Dan Romero pfp
Dan Romero
@dwr.eth
Learn more about DUNAs here: https://a16zcrypto.com/posts/article/duna-for-daos/
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Dan Romero
@dwr.eth
@cowriellc @milesjennings what kind of DAO is eligible or suitable for a DUNA? Some examples: - NFT collector DAOs - Protocol governance DAOs - NFT pfp project DAOs - Public goods funding DAOs
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Dan Romero pfp
Dan Romero
@dwr.eth
@cowriellc @milesjennings When does the DUNA go into effect?
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Dan Romero pfp
Dan Romero
@dwr.eth
@cowriellc @milesjennings What does β€œreasonable” compensation mean?
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Gabriel Ayuso pfp
Gabriel Ayuso
@gabrielayuso.eth
Currently Nouns DAO has legal entity (Nouns Foundation) I believe in the Cayman Islands (I'm not familiar with the specifics). Would it make sense for it to consider switching to a DUNA? What would be the process to do so in broad strokes?
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karmacoma
@karma
@cowriellc @milesjennings What are the main benefits of DUNAs? And I if my DAO does not have a US person, can it still register as a DUNA?
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Spencer Graham 🧒 pfp
Spencer Graham 🧒
@spengrah.eth
what is the relationship between a DAO's DUNA and the ability for its membership/gov asset (eg a token) to accrue value either... a) based on utility-driven demand (eg as a work token), b) due to some kind of ~revenue sharing or dividend, and/or c) due to a buyback & burn scheme
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ncitron.eth
@ncitron.eth
What kinds of DAOs are DUNA suitable for?
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Gabriel Ayuso pfp
Gabriel Ayuso
@gabrielayuso.eth
If a corporation is aiming to build progressive decentralized infra. How soon should they start exploring setting up a DUNA for governance of the decentralized aspects of the infra? Could a corporation have full ownership of the assets (tokens) in a DUNA and then gradually spread to protocol participants?
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Thibauld
@thibauld
How does the DUNA approach compares to the BORG approach? Is it completementary?
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π’‚ _𒍣𒅀_π’Š‘
@m-j-r
what's the minimum KYCAML expected of DUNAs? Are they compatible with private, Turing-complete networks?
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Spencer Graham 🧒 pfp
Spencer Graham 🧒
@spengrah.eth
What are the implications for a DUNA'd protocol that accrues more revenue (eg via protocol fee) than it can "reasonably" compensate its contributors with? Is the balance considered profit? Does that violate the DUNA regs?
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Leighton
@lay2000lbs
How do you think about DUNAs with protocols that have tokens but no voting (Liquidity, Morpho)? Do you think it's still required if there is no voting by token?
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Sriram Krishnan
@sriramk.eth
Are the rumors that @milesjennings now wants to move to Wyoming true.
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βšͺ️ cooper 🎩 ↑ pfp
βšͺ️ cooper 🎩 ↑
@cooperray
i read this and thought it was about DUNE 2 because i saw it last night in Mexico and it’s it’s DUNA 2 en espaΓ±ol 🀣 gm
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Robert Hackett pfp
Robert Hackett
@hackr
Are DAOs really eligible as nonprofits? @milesjennings @cowriellc
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Aaina pfp
Aaina
@aaina
I read this as Dune AMA
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Scott Kominers
@skominers
@milesjennings also on a less serious note, Atreides or Harkonnen?
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Scott Kominers pfp
Scott Kominers
@skominers
@milesjennings @cowriellc what are references for DAOs to provide to their counsel and/or accountants explaining DUNA?
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