Nouns

One Noun, every day, forever.

nouns.wtf

nouns was just early with facing this reality re DUNA imo

also like when miles, lex node, and preston agree on something re crypto regulatory risk posture that’s a rare moment

https://x.com/milesjennings/status/1858720755523219932?s=46

https://x.com/lex_node/status/1858727851836469292?s=46

https://x.com/prestonjbyrne/status/1858730314073317487?s=46

Today, a California judge dealt a huge blow to decentralized governance.

Under the ruling, any DAO participation (even posting in a forum) could be sufficient to hold DAO members liable for the actions of other members under general partnership laws.

It's time to DUNA. https://t.co/aKNBY7pfc9

miles jennings

Unfortunately all DAOs now need legal wrappers. I personally fought very hard to avoid this outcome but am now confident we tried our best before capitulation and the time has come to accept this at least until a legislative safe harbor of some kind.

https://t.co/jsvXAGb04g

_gabrielShapir0

thoughts on us getting out of Lido and staking elsewhere instead?

building /gmfarcaster network |
blockchain ENT prof |  ⌐◧-◧ Nouncillor, Nouner, BuilderDAO community resident /builder |

https://www.gmfarcaster.com/ 

not close to the case but i wouldn’t worry too much about our actual stETH

not worried about the safety of stETH -- I'm sure that's fine -- just thinking (probably over thinking) liability could be extended out to us.