Nouns

Nouns at 2.5eth, 1100 nouns, and 5k eth treasury.

Should be a clear arbitrage if they’d just vote to release the funds to holders.

Is Nouns the worst example of community managed funds? Ominous for DAOs?

Oof, got no skin in the game but seems like 2021 money is drying up. What next?

Nvm what’s next. Arb trade happens freely. Has done already through a few forks. Can also be done via $nouns token. This person hasn’t done any research. Here’s a dashboard where it’s done for them

icebreaker.xyz/0xen |
https://gallery.so/Oxen/galleries | https://opensea.io/collection/farcats

Nvm what’s next. Arb trade happens freely. Has done already through a few forks. Can also be done via $nouns token. This person hasn’t done any research. Here’s a dashboard where it’s done for them 
https://dune.com/beetle/nouns-dao-book-vs-auction-value

Can you eli5 for a person who sees this chart:

Auction price and treasury/token (book value) over time. 

My point is there has been a method for arbing the treasury since September 9, 2023. 

And a dashboard for modelling the arb for almost as long. 

But only the best analysts know…

Requires DEEP research:

There’s still only 1 auction per day, but yeah, my quant said your math checks out.

Can share a link to his deep research tool with you if interested?

I’m not a deep researcher, admittedly smooth brain,  but on a cursory glance it looks like  I can buy 100 Nouns a day at current prices for what one cost back in 2021. Is that correct?