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Bixbite 👽
@bixbite
Spicy Saturdays: Hot Take …. Burn The Treasury Nouns 🔥 I’m considering putting in a proposal for this, idea would be there would be a set date, say Halloween when the burn would take place…. So everyone can get their swaps in ahead of time. Rationale: giving out Nouns dilutes the governance of active participants…. && historically the % of Nouns given out that are left unused or delegated is larger than those given out that do participate. The dilution of governance was also something I mentioned in Nouncil, thankfully we passed a vote to raise voting participation rate to double the previous metric. I know it’s a spicy topic, but would love to hear everyone’s thoughts…. To burn or not to burn, that is the question. 🤔
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Dara Khan
@spookyaction-btc
Respect the spice. I don't think the treasury Nouns should be burned. It could be siphoned, periodically selling a few on the secondary market. Or wait till prices rise. I also believe comp should be in Nouns more often. Depends on the team and prop but it is a treasury asset available to use.
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Bixbite 👽
@bixbite
It's an interesting debate about comp in Nouns vs ETH, theres pros & cons of each choice
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