Nouns is a generative NFT project on Ethereum, where a new Noun is minted and auctioned off every day, and each token represents one vote where proposers who hold a noun and create and vote on governance proposals, which execute transactions on the ethereum blockchain when approved.
To summarize the NounsDAO protocol, it will be helpful to look at the various states introduced in the NounsDaoV3 contracts. But first lets look at the creation of proposals.
