Content pfp
Content
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Noun 40 pfp
Noun 40
@noun40
should we add a condition where a noun has to season for at least 6 months before it is able to join the fork? shouldn't really harm honest minority protection.
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Noun 40 pfp
Noun 40
@noun40
we're coordinating to accelerate spend with the burn etc but it's still taking some time. would be a shame for arbitrageurs to spam the auction for the next 3-6 months (since we don't get new dao members + we don't get true price discovery which is valuable).
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Toady Hawk 🟡 ⌐◨-◨ pfp
Toady Hawk 🟡 ⌐◨-◨
@toadyhawk.eth
Cast Iron Nouns
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Davin クマ pfp
Davin クマ
@davinoyesigye
oops! I thought the honest minority is who the fork was engineered for 🙏🏽
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Nounish Prof ⌐◧-◧🎩 pfp
Nounish Prof ⌐◧-◧🎩
@nounishprof
Conflicted on this. Definitely agree in vesting for gifted nouns from treasury. But a little odd to restrict rights to a property someone buys. But also agree that I’d like to stop the churn of auction>>fork. Hence the conflict. https://warpcast.com/nounishprof/0x6967283c
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Ben pfp
Ben
@jarmen
I said this to elad last week
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supriyo pfp
supriyo
@supriyo.eth
yes please. Seasoning / Aging whatever you could call it.
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Gabriel Ayuso pfp
Gabriel Ayuso
@gabrielayuso.eth
+1
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billzh 🎩 pfp
billzh 🎩
@billzh
Great idea. This would immediately allow non-arb new members to join, which is something we need
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w-g pfp
w-g
@w-g
The truth here is that either way ultimately the exit protection is self-invalidating under v3. It has to be constrained, either through vesting, caps, burn, wev, until it’s a rounding error. Fwiw, a 6 mo vest is nowhere enough to mitigate the option value on its own if historical Noun spending rate is used.
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Baba pfp
Baba
@baba
++ Delaying fork eligibility is a good idea to mitigate the arbitrage.
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Coralorca pfp
Coralorca
@coralorca
I like that that. 6 months. Sounds about right. You can still sell if you really want out.
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RobotFishGirl pfp
RobotFishGirl
@robotfishgirl
Absolutely. I'd actually favor this over the burn mechanism- I think it'd accomplish at least one of the main goals
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