Elad

@el4d

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So sorry Klim ❤️

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A new environment is a great opportunity to just change some habits suddenly with high chances of success

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It's like "make it as high as you can while maintaining minority protection"

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Primarily that the parameter needed to be set high enough, to avoid it being used for individual exit, rather only for a group spinning up an alternative DAO.

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The motivation for this aspect had a lot to do with legal advise we received

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it looks legit! @jarmen @krel

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Will take a look soon

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gm, sharing another verbs propdate: https://www.updates.wtf/prop/458

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And so it shall be

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The Nouns Foundation has posted a candidate proposal: “Establish Nouns DUNA in Wyoming and fund first year of operations” https://www.nouns.camp/candidates/0x37b8e20646d174b00198b7e183dd1f25520c0f60-establish-nouns-duna-in-wyoming-and-fund-first-year-of-operations

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discourse around DUNA seems to be focused around the downsides (added KYC requirement to grantees) imo DUNA's massive upsides are: - reducing tax risk - providing limited legal liability to members while still allowing: - members to remain anonymous (privacy) - explicit voting rights to members if there are other avenues to achieve the above without any compromises then that would be wonderful, but as far as i know at the moment DUNA is unique in offering the above properties with limited compromises (paying taxes in the US, KYC req for grantees). more thoughts continued 👇

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Just want to emphasize in my POV, minority protection is meant to minimize the "honeypot" risk of the tresury attracting a majority attack that either is able to drain it or hold the DAO hostage. Refund/exit deters attackers, and in the case of an attack minimizes their potential gain. It also helps resolve deep disagreements and various forms of polarization. I don't believe it's healthy for long term survival to be without such a mechanism. Of course I could be wrong!

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thank you! we are sharing exactly so that people will discuss. hoping to see more discussions!

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it's meant to prevent the griefing of buying and asking for a refund right away

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we can decided to have no refund at all. we are suggesting this because we believe this does provide useful minority protection.

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https://warpcast.com/el4d/0x26732c43

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https://mirror.xyz/verbsteam.eth/jFi5T0aehwZws7Q6jdRn8xZmORu25TiyWz4G5LAHuaU

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Followup on the proposed refund mechanism (link to our original post in a cast below) We're sharing a draft technical spec, and welcoming feedback: https://docs.google.com/document/d/1hck21Nr1_BT3IUdjG8Sun9_cXP--mru8--lTNmuftsA/edit?usp=sharing

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