Nouns

One Noun, every day, forever.

nouns.wtf

noun 999 | crypto native build0000r | x.com/three_9s

We design, build and ship crypto tools. — paperclip.xyz


Also curious about this

> One initial though: is the curve fixed when ageDiff low? Can't you just keep swapping down (e.g. 999 -> 989 -> 980) to avoid the premium?

cc @three9s.eth @papercliplabs.eth

It’s only fixed when the age difference is negative (you are swapping from lower to higher ID). 

So, swapping 999 -> 989 -> 980 
would cost more than swapping from 999 -> 980 directly actually (since you pay the base on ever swap). If the base fee was 0, cost would be the same as going direct. I.e there is no way to avoid the premium by changing swap sequence.

Resharing the curve from the spec for reference (note the x-axis):

you can, but since there's a time lock on each swap that would take quite a long time which would be risky since someone else could swap 'your' noun while you are waiting

I don’t follow why age matters tbh. 

It could but hasn’t in the past. 

Make the fee nominal. KISS