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https://opensea.io/collection/nouns
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dotnouns.⌐◨-◨
@dotnouns
Gm everyone. Just shared this on camp but sharing it here as a thread too. Prop 766 has been a harsh blow to me and I took 2 days (over the weekend) to recover and reorganise our next steps. NOGS won’t go anywhere and we will continue to evolve it, just like we will continue to build for the ecosystem. Since everything happened so fast and this is our full time job, I’ll need some days to refocus and reorganise everything, from the pipeline of releases to the organisation of the team and everything else.
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nick
@nickysap
What’s the plan for the 200+ ETH that unlocks in 27 days?
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dotnouns.⌐◨-◨
@dotnouns
A part will be rebalanced and this time locked forever to continue to ensure a good liquidity to the pool. The other will be injected into the DAO through bids with the goal to increase the Nouns in the nogs pool (which is still one of the most important nogs utility), potentially expand the nogs pool into new nounish DAOs through the same process, guarantee a continuation of the Noggles Club drops and the operations of the team and start a program of "buy back and burn" on monthly basis with the goal to support the growth. We will also switch the lp fee from 0.3% to 1% with the goal to create an additional buy-burn engine. All these changes, linked with the massive burn and the upcoming releases are what we planned for nogs during this year.
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