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https://opensea.io/collection/nouns
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Wilson Cusack
@wilsoncusack
It’s interesting to see people using this vote to re-litigate the fork as a mechanism. Saying “I don’t like the fork so let’s make it not work very well” seems odd https://www.nouns.camp/proposals/642?tab=activity
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Michael Gingras (lilfrog)
@frog
The most compelling case against this prop and the fork is how it affects the daos ability to claim non profit status as (and if) it transitions to a duna But yea, saying “arber bad” is a misunderstanding. The irony is folks want to lower the threshold so they can leave a duna nouns, but cannot, because doing so would harm the chances of the dao becoming a duna. My take is that if forking harms the chances of becoming a duna so severely, those in favor (foundation, wag, etc) should have made sure an alt minority protection mechanism was in place before going live with duna prop and pulling the fire alarm on fork
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krel
@krel
wylin is right here afaik wag also have an idea to let minority holders leave vis proposal? not sure if publically communicated
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Sasquatch テ
@sasquatch
there was a long impromptu call in nouncil with a good amount of guests where wag discussed the alternative exit ideas and also offering fork 1 as a haven for anti DUNA folks to leave without having arb crowd join them. I'll try and publish the transcript by tonight
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Spencer Perkins
@spencerperkins.eth
Where are all these arbers you speak of? If they exist, would have thought they would vote this prop through 🤔
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Sasquatch テ
@sasquatch
A good # of community members will also arb/exit imo and that doesn't necessarily reflect on the vote. People won't make the decision until the snowball effect occurs. Even wag himself said he's not sure what he'd do given his belief on the damage it causes towards DUNA efforts in the future
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krel
@krel
personally dont believe in the snowball effect here
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Spencer Perkins
@spencerperkins.eth
The average auction price since the last fork is above book value. If someone bought every Noun since the last fork with intent to arb they would lose ~77 ETH. The only holders who could walk away with any profits are from the last ~120 Nouns, the other ~1150 would be at a loss.
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