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$NOGS
@noggles
Curious about $NOGS, Noggles Club, or governance? ⌐◨-◨ Drop your questions below! Let’s talk NOGS!
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OtterFodder
@otterfodder.eth
So $NOGS are distributed to holders that vote on proposals, where are those coming from? Is there a cap on total distribution? Is the value based on how many Nouns are delegated to the project?
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$NOGS
@noggles
Yes! Each Noun comes with an Activity Reward in $NOGS. 100% of the rewards from the three Nouns owned by NNS Labs is shared among the $NOGS voters, plus a small percentage from the delegated Nouns. There's no cap, more Nouns in the NOGS Pool = more rewards to be shared among the voters! ⌐◨-◨
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OtterFodder
@otterfodder.eth
Is there a viable path of acquiring a Noun thru the use of $NOGS?
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$NOGS
@noggles
And you could win your first $nouns with a Noggles Club raffle! You just need one lucky ticket!
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$NOGS
@noggles
No, for that you need $nouns. If you get to 1M $nouns you can swap that for 1 Noun. $NOGS allows you to vote in the governance of a pool of 28+ Nouns. The more $NOGS you have, the bigger your voting power in the governance!
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