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Bixbite 👽
@bixbite
Spicy Saturdays: Hot Take …. Burn The Treasury Nouns 🔥 I’m considering putting in a proposal for this, idea would be there would be a set date, say Halloween when the burn would take place…. So everyone can get their swaps in ahead of time. Rationale: giving out Nouns dilutes the governance of active participants…. && historically the % of Nouns given out that are left unused or delegated is larger than those given out that do participate. The dilution of governance was also something I mentioned in Nouncil, thankfully we passed a vote to raise voting participation rate to double the previous metric. I know it’s a spicy topic, but would love to hear everyone’s thoughts…. To burn or not to burn, that is the question. 🤔
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wiz
@wiz
not against. or burn a majority of them so that what’s left are special
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Bixbite 👽
@bixbite
I kinda like @wylin idea where theres a 24hr Dutch Auction.... all the special ones can be bought up, all of the ugly bois get smoked 🔥
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wiz
@wiz
too much of a governance risk. if auctions > demand u open up an arb for very cheap
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nuconomy.⌐◨-◨
@nuconomy.eth
They could be all be listed for auction with reserve set at a percentage of average price of the last month. Increases treasury rather than wasting them. Maybe people could apply for a discount. Although it would increase supply and potentially cap base auction value while ongoing without desirable combos.
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