nouns-protocol

Slashing Mechanism for Nouns

Deposit-to-Propose: Requires a deposit proportional to Community Interest (CI) or the size of the ask.
Proposal Success: Deposit is reclaimed if the proposal succeeds.
Proposal Failure: Deposit enters a queue where anyone can vote to withhold it, weighted by noun age, with a dynamic quorum curve.
Motivation:

High-cost malicious proposals are a significant risk.
Proposal spam could rise as supply and swapping increase.
Increasing proposal thresholds slows governance and centralizes power without deterring attacks.
Encouraging diverse, good faith proposals is beneficial.
Low-cost proposals are generally low-risk, but protocol-change proposals may need special handling.