One Noun, every day, forever.

nouns.wtf

Nouns

any thoughts on how/why this is better than just stacking eth? Nouns auction doesn't accept $nouns so u limit urself to whatever is in the pool, and if u change ur mind u can't exit without massive loss bcos no liquidity, hard for me to make sense of it from the pov of wanting a noun, but also I want it to make sense I guess

Limón Province, Puerto Viejo de Talamanca, Costa Rica

Yes that is the only way to exit but you'll end up losing there too because the erc20 rn costs 3.5e but the bid you could sell at closer to 2e... Would lose so much. Appreciate the view of seeing it as % of noun and nothing more (which it is, just not very efficient imo) thanks for sharing ur thoughts

I don't really think it makes sense from a financial pov, but I don't think buying a noun from auction does either :D I like it because it feels like a piggy bank that I'm using to save for a noun, eth is the general onchain currency but $nouns is only for buying a noun. Plus: 
- it is nice to earn $nouns from rounds. if it was eth I would think of it as money, but when it is $nouns I think of it as part of a noun
- there have been some good opportunities to buy $nouns way cheaper than what a noun costs at auction

Good point about limited liquidity but you can always exit by buying enough $nouns so that you can swap for a noun and then sell the noun into a OS/blur bid