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# System prepended metadata

title: Evolution of the Nouns DAO Protocol

---

# Evolution of the Nouns DAO Protocol (2021 - 2024)




## Nouns DAO Protocol v2
1. Dynamic Quorum
2. Vote with Gas Refund
3. Voting Delay Editing Bug Fix
4. Cancel Proposal Bug Fix
5. Vetoer Change Is Now 2-step

### Nouns DAO Protocol v2.1
1. Updated version of Vote with Gas Refund

## Nouns DAO Protocol v3
1. Proposal editing
2. Propose by signatures
3. Objection-only period
4. Votes snapshot after voting delay
5. Nouns Fork


## Sources

V1: https://nouns.notion.site/Nouns-Protocol-32e4f0bf74fe433e927e2ea35e52a507

V2 audit: https://discourse.nouns.wtf/t/nouns-dao-v2-audit-summary/2525

V2 audit: https://code4rena.com/reports/2022-08-nounsdao

V2: https://discourse.nouns.wtf/t/nouns-dao-v2-upgrade/2536

V2: https://www.nouns.camp/proposals/152

V2.1: https://www.nouns.camp/proposals/169

V3: https://www.nouns.camp/proposals/354 

V3 Fork Spec: https://github.com/verbsteam/nouns-fork-spec/blob/main/spec.md 

V3 Fork Blogpost: https://mirror.xyz/verbsteam.eth/iN0FKOn_oYVBzlJkwPwK2mhzaeL8K2-W80u82F7fHj8 

V3 the full Spearbit audit report: https://github.com/nounsDAO/nouns-monorepo/blob/d417586ae46f8d32801a3028c2c3496b119fc032/packages/nouns-contracts/audits/dao%20v3%20-%20spearbit%20audit%20report.pdf  

V3 the full code4rena audit report: https://code4rena.com/reports/2023-07-nounsdao