Nouns

One Noun, every day, forever.

nouns.wtf

This proposal from @adel and @frog ends in 3 hours and hasn't yet met quota, despite having pretty good support overall. If you haven't voted yet, this is your nudge.

founder @LilNounsDAO | building @Prop_Lot 

Crypto, nouns, malleable software, interfaces, running. // working on @agora // https://0xmcg.com // /the-pond

This proposal from @adel and @frog ends in 3 hours and hasn't yet met quota, despite having pretty good support overall. If you haven't voted yet, this is your nudge.

https://www.nouns.camp/proposals/604

An explainer on how wave protocol works:

1. Proposers submit their ideas onchain to wave protocol.
2. Nouns tokens holders who are not using their tokens (treasury, inactive voters) can delegate to the wave protocol. Now the protocol has the ability to put ideas on-chain.
3. Anyone can browser the list of ideas and mint NFTs of the ones they like to show support. Minting an NFT cost .000777E. At the end of each wave (1 week) the idea that has garnered the most support is put on chain via the protocols delegated voting power, and the yield collecting from mint fees is shared between all of the parties that delegated to the protocol.

Proposers get their ideas on chain with no fuss
Delegates get a new revenue stream
Supporters get NFT badges to build social capital as an idea scout

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The protocol has no vote functionality. So it can't be used to vote. In order to vote, you can undelegate and vote yourself. But theres no opportunity for wave to collect a bunch of voting power then vote maliciously.

Thanks Toady! For anyone that needs more info before voting, here’s a great thread by @frog  

https://warpcast.com/frog/0x55edc4ce

We also have have a blog post that goes into more detail, with links to our docs and repos 

https://mirror.xyz/0x1B20487f021935bb96D5E9ac2259423D467E46cd/5QDXbfPRQYixUdqBwxRAfctrptvP7hb_b1Gmxbczuuw

If anyone has any questions feel free to reach out!

Noun 730 | Based & Optimistic Ξthereum Ξnjoyoor | founder @thenounsquare, Zero Rights Reserved Podcast (ZEROPOD.xyz) & the /yellow collective on Base | ⌐◨-◨ 🟡