NOUNS DUNA BYLAWS AND FORMATION PROPOSAL

Last month, the DAO passed a proposal funding the Nouns Foundation with sufficient

Section 2.1. Number, Qualifications and Tenure. The Administrators shall be comprised of Compliance Administrator(s), Reserve Administrator(s), and Veto Administrator(s) (collectively, the “<ins>Administrators</ins>”), the number of which may be determined from time to time by a DAO Proposal that is approved in accordance with the rules set forth in the Code.