- all funds from the auction become part of the DAO treasury and are managed via proposals
- each Nounish Mingo is a governance token that has one vote in the DAO
- founder wallet receives 6% of tokens; NounsDAO receives 1% of tokens — distributed over time for the first 5 years of the auction
- founder reserves a proposal veto for the first 5 years
- 1% min of token supply required to submit a proposal
scroll ⬇️ for governance information
https://nouns.build/dao/0xc58869c1c6ca866ab3b4664c848ed588f0de6a36/