Nouns

One Noun, every day, forever.

nouns.wtf

Imo we limit ourselves if we make it too formulaic to a Noun. Should be like quantitative easing: we need power to mint! 😀

One version is 1000 $nouns are auctioned everyday

there’s two paths floated for $nouns:

1. allow ppl to convert nouns to $nouns at a fixed ratio (eg 1 noun = 1,000,000 $nouns)

2. issue a separate token supply that the dao manages / sells.

i lean #1 b/c i don’t like the idea of managing two token supplies… but @wilsoncusack thinks #1 is limiting.

thoughts?

you can have both. 

Do 1, but allow the DAO to issue more if it wants to.

btw you'll hear nouners largely advocate for #1 and non-owners to advocate for #2.

I think by relying on the DAO to issue we will run into the same issues we’ve had distributing Nouns to people

Needs to have a zero-coordination mechanism handling supply and issuance imo, not proposals or prop house rounds

Def agreed should do both though