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Content
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Sinaver
@sinaver.eth
GM Nouns 👋🏻 Can someone explain how $nouns price is formed? Is it purely based on liquidity or it's somehow correlated with ETH locked in treasury https://etherscan.io/tokenholdings?a=0xb1a32FC9F9D8b2cf86C068Cae13108809547ef71? Couldn't find any tokenomics related info :(
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Sinaver
@sinaver.eth
cc: @seneca @toadyhawk.eth
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Toady Hawk
@toadyhawk.eth
1 million $nouns is always redeemable for 1 noun NFT and vice versa. There could be some delta in price because of liquidity, etc, but ultimately any gap should trend to zero.
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