nouns-protocol

https://github.com/mcgingras/noun-swapper/blob/main/src/NounSwapper.sol

Minimal POC for a contract that would custody all of the t-nouns and let anyone swap for a fee without having to create a proposal.

Looking for feedback on contract and also if this is something worth seriously pursuing.

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

steps

1. nouns treasury is owner of the contract
2. nouns sends as many / all of the t-nouns as they'd like to this contract
3. anyone can swap with `swapNoun`
4. via proposal, treasury (owner) can revoke nouns either to some address (if someone creates a prop and wants a noun) or back to treasury
5. anyone can call `cashout` which sends fees back to treasury

Questions: 

How should we price the swap? I have it set to an arbitrarily high 1 ETH. Should this be constant? Should it be some function of tokenId? Trait rarity? I like some fixed constant because it keeps this contract simple and I like simple for something that is custodying 100s of nouns.

Since we don't really seem to be doing anything with t-nouns nowadays anyways I've kept the contract intentionally minimal. The only thing the contract can do with the t-nouns is let someone swap, or let the treasury claim the nouns back.

no voting through the contract, no delegating, very minimal

part of verbs team, working on nouns things

Yea, nice callout. I was talking to @coleperkins and @spencerperkins.eth and they suggested the same. Much more elegant

Feedback on contract: moving treasury nouns will increase adjustedTotalSupply, which is wrong. Another way to implement this is to keep the nouns in the treasury and give the side contract approval to transfer nouns from the treasury.