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Elad
@el4d
gm, @davidbr and I are working on the $nouns token, backed by Nouns. 1M $nouns <-> 1 Noun NFT. you're invited to read this short spec doc and reply with your feedback. thanks! https://docs.google.com/document/d/1Uz4l8bAPaA2_gsUVZsZo_1dAmggAiYIn5sYba1IK10Q/edit?usp=sharing
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Chris Carella
@ccarella
Do all of the $nouns start in the Treasury?
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Elad
@el4d
Not at all. You and anyone else can take a Noun they own and deposit it into the $nouns contract and receive 1M $nouns. You could then for example put it into a DEX liquidity pool, or just start tipping your nounish friends :)
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Chris Carella
@ccarella
I guess my real question is, if we wanted to do a prop house/rounds that rewarded people in $Nouns, how do we do that? Does the Governor contract control the Nouns contract, so that we can vote?
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Elad
@el4d
I very much want to see PH rounds that use $nouns as a reward! The way I would do it is: Pass a Nouns DAO proposal that: 1. deposits a DAO-owned Noun into the $nouns contract, get 1M $nouns back 2. transfers some or all of the incoming $nouns to a PH-controlled wallet 3. Let @seneca work his magic :) wdyt?
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david
@davidbr
Current spec allows anyone to deposit a Noun and get 1M $nouns. If you want to melt a treasury Noun for this purpose, you could do a proposal to send a Noun from the treasury to the $nouns contract and get 1M $nouns which could then be used for prop house/rounds
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