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Paperclip Labs
@papercliplabs
Based on the feedback from the recent treasury NounSwap proposals and collaboration with @frog, we are working on the TimelockNFTSwapper contact to enable permissonless treasury Noun swapping. More in the thread below ๐ We invite the community to read the spec and provide any feedback or ask questions: https://github.com/papercliplabs/noun-swap/blob/swap-contract/contracts/specs/TimelockNFTSwapper/TimelockNFTSwapperSpec.md
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Paperclip Labs
@papercliplabs
Permissionless Swapping ๐ย We're proposing to make all treasury Nouns available for permissionless swapping by approving TimelockNFTSwapper for all treasury Nouns. This eliminates the need for swap proposals, saving both gas and time.
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Paperclip Labs
@papercliplabs
New Revenue Stream ๐ฐ Every swap will have a fee that goes to the DAO, unlocking a new revenue source. Fees are determined on a price curve that considers the difference in nounID, ensuring non-fungibility is maintained while helping members find their forever Noun.
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