Nouns

One Noun, every day, forever.

nouns.wtf

a high conviction nouns thought that i developed during the bitcoin etf led nouns break was that we need a fungible token for nouns 

(i'm aware of nogs but we need something redeemable for actual nouns + has real liquidity; nftx was a thing for a bit but never had liquidity)

i’m still convinced that $nouns (nouns backed fungible token; for example 1 nouns = 1,000,000 $nouns) should happen

if you have thoughts on the matter share them here in replies or dm me!

unless there’s meaningful pushback i’m gonna start pushing for it harder soon

I really feel like this should be integrated with NNS and $NOGS somehow

Revolutionizing urban agriculture. Sustaining cities. Feeding the future. https://cityfarmers.xyz

well if the point is that $nogs is already a fungible token associated with nouns so we should use that i disagree. the main point here is to make a fungible token that you can redeem for nouns

$nogs is distributed directly based on participation though, isn’t that a solid foundation for earning a token redeemable for nouns?

I guess a better question is - how do you see people earning this other new token?

And don’t get me wrong I’m sure there are issues with this since it wasn’t the explicit mission from the get go, like rewarding gnars voting and nouns voting with the same amount is a little weird if $nogs can be redeemed for a noun. Just curious what ideal distribution methods look like to you