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Yesterday we tested the very first experiment of governance participation through $NOGS. Here is the plan and how it works👇
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For now, the system allows anyone with at least 1M $NOGS to vote on Nouns props. We launched the frame first, but here is a preview of the upcoming section in the dashboard. Every voter will get a share of a % of the activity reward of the Nouns in the voting pool. The rest will go to Nouns owners.
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The goal is to continue to push $NOGS as a way to explore dynamics and communities in the nouniverse, allowing holders to gradually find their perfect fit in the ecosystem.
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I’d love to gamify the governance participation through some sorts of “Governance XP” attached to users and based on the quality and frequency of their votes. XPs could act as a way to join more governance groups like Nouncil and more, bringing more active users into the communities of the ecosystem.
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