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Bixbite š½
@bixbite
I think itās kind of funny that the 10% threshold prop didnāt passā¦. Why is it funny? Because for the last year many have been claiming weāre āunder attack from the big bad arbersā & that āarbers have been accumulatingā ā¦. Well guess what, if there were any arbers donāt you think they would have voted FOR the proposal to lower threshold so they could get out early š As I said, weāre scared of a boogie monster under our bed which doesnāt exist. š¤¦š¼āāļø Iād say run it back for 15% @coleperkins & let the honest majority leave if there would even be 106 Nouns to enterā¦. Letās remember only 28 votes FOR, so it maybe unlikely to even get 106.
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Michael Gingras (lilfrog)
@frog
> Iād say run it back for 15% ya the problem with this is I don't think there would even be enough of an honest minority to get to 15% -- even 10% seems challenging
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@bixbite
Yea I just think it looks better for optics if the DAO isnāt trying to act as a blocker for an honest minority exitā¦ if there were truly arbers waiting in the wings with all of these new anon wallets they would have come out to vote the 10% through. That clearly didnāt happen.
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Michael Gingras (lilfrog)
@frog
Yea, which is why a low threshold seems like a fine idea since thereās a smaller minority to protect, even 5% seems fine imo Obviously the āthis will ruin dunaā camp has a valid point though too if it truly does ruin odds of duna
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@bixbite
I feel like the opposing view is a refundā¦. Which will essentially allow all Nouns to get a refund of the bid price on a time decay scaleā¦. Essentially brining the treasury close to zeroā¦. Will essentially be the āGreat Resetā for Nounsā¦ but what happens in the meantimeā¦ you canāt in good conscience keep the auction going if the plan is to allow refunds to everyone. Plus to map that out develop, test, deploy and audit that all within 3 weeks is not going to happenā¦. So again from an optics perspective itās better to just let people who want to leave out via a fork.
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Michael Gingras (lilfrog)
@frog
I agree. But the higher the threshold the harder it is to let whoever wants out, out.
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