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Michael Gingras (lilfrog) pfp
Michael Gingras (lilfrog)
@frog
some sobering stats: total treasury: 5329 ETH 30 day spend: 536 ETH 30 day auction revenue: 172 ETH loss: 364 ETH months until treasury hits 0 at current spend: 14.6 think about this when voting on large proposals
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wylin💎↑ pfp
wylin💎↑
@wylin
now imagine wag decides to stop propping up the auction and/or a fork removes 30%+ of the treasury
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Michael Gingras (lilfrog) pfp
Michael Gingras (lilfrog)
@frog
Yea, this is why I've typically been "stricter" than most with my voting recently. Nouns is not guaranteed to go on forever. Need to take spend into consideration and actually think hard if it will benefit the dao. Can't just throw away money bc the prop is fun
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wylin💎↑ pfp
wylin💎↑
@wylin
from an anon account in the Nouncil discord https://mirror.xyz/0x5a97732611042D2f65447F7E20D4976085CCe88D/_LGFYNrUBgufJJT8EnLtKmLBJmPpmfLs7MyNv5riiSA
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wylin💎↑ pfp
wylin💎↑
@wylin
i was admonished or ignored for similar thinking, particularly when it came to paying developers FAANG salaries/ well-above competitive market rates Nounders still seem to think the Burn is a good idea so maybe the desire is that it not go on forever. hard to tell for me
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