Hello 1inch Community!
We are thrilled to share with you the first quarterly report from STORM Partners detailing the legal and compliance services provided to 1inch DAO for Q1 2024. This report highlights the extensive efforts and activities undertaken to ensure our DAO operates smoothly and remains compliant with all relevant regulations.
What’s Inside?
In this report, you will find:
- Detailed Activity Breakdown: A comprehensive overview of the legal and regulatory advisory services provided.
- Hours and Fees: Transparent accounting of the billable hours and fees incurred.
- Positive Financial Balance: Information on our remaining balance from the retainer fee.
- Key Legal Actions: Specific activities such as due diligence, governance guideline reviews, and various legal memos.
Key Highlights
- Total Hours Worked: 45.50 hours
- Main Contributors:
- Nicola Massella (Director): 28.75 hours
- Marco Dal Monte (Legal Specialist): 13.75 hours
- Justin Sambile (Legal Specialist): 3 hours
- Fees Incurred: CHF 18,843.75 (approx. USD 20,554.28)
- Positive Balance: USD 29,445.72 remaining from the initial retainer fee of USDC 50,000.00
Why It Matters
Navigating the legal landscape is crucial for the stability and growth of 1inch DAO. With the expertise of STORM Partners, we are better equipped to face the challenges and opportunities that come our way. This report is a testament to our dedication to maintaining a strong and legally sound foundation for our community.
Access the Full Report
You can download and review the full report in PDF format here: [Download Report]
We encourage all community members to read through the report and share any feedback or questions you may have. Your insights are invaluable as we continue to enhance our operations and governance.
Thank you for your continued support and engagement. Together, we are making 1inch DAO stronger and more resilient.
Kind regards,
D.Jur. Nicola Massella
STORM Partners