Nouns

One Noun, every day, forever.

nouns.wtf

a high conviction nouns thought that i developed during the bitcoin etf led nouns break was that we need a fungible token for nouns 

(i'm aware of nogs but we need something redeemable for actual nouns + has real liquidity; nftx was a thing for a bit but never had liquidity)

i’m still convinced that $nouns (nouns backed fungible token; for example 1 nouns = 1,000,000 $nouns) should happen

if you have thoughts on the matter share them here in replies or dm me!

unless there’s meaningful pushback i’m gonna start pushing for it harder soon

basic idea:
- dao controlled smart contract takes in nouns and issues $nouns and vice versa 
- dao takes a small portion of the treasury nouns (eg 50) and mints $nouns and pairs it with eth to put into a uniswap pool to seed liquidity
- nouns deposited in the $nouns pool don’t vote and that’s okay

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

noun seven three zero | based & optimistic Ξthereum Ξnjoyoor | founder: zerorights.media, zeropod.xyz and the /yellow collective

i’m actually in touch with @spencerperkins.eth to see if they could build the front end for this (with the expectation that the verbs team would build the solidity side)

@papercliplabs any interest in applying your learnings from NounSwap to something like this?