Nouns

One Noun, every day, forever.

nouns.wtf

Crypto, nouns, malleable software, interfaces, running. // working on @agora // https://0xmcg.com // /the-pond

The recent NounSwap treasury swap props have revived the discussion around permissionless swapping (thanks @frog).  

Curious what the sentiment is around a simple swap contract with a fixed fee going to the treasury? This is similar to what we proposed in NounSwap’s original failed proposal, but based on community feedback, and potentially a shift in sentiment from $nouns wanted to re-engage to see if this is something the DAO would be interested in. 

The benefit is a new revenue stream for the DAO, and preventing wasting attention and gas of having treasury swap offers going through governance.

I’m personally in favor of a minimal swapper that accomplishes what is already happening with the proposal based swaps but in a permissionless way.

I hear the feedback from some about it wanting nouns to be swappable / fungible but the reality is that $nouns already allows for swaps so it feels futile to try to stop it.

Might as well introduce a mechanism that doesn’t require the full attention of the dao and introduces a new revenue stream.

I’m curious for the communities thoughts on an fair price point for swapping