One Noun, every day, forever.

nouns.wtf

Nouns

The current fork threshold is 30% (~210 Nouns), which is roughly double the number of active voters.

This means, that if a proposal passed which was highly against active minority voter values, they would have no way to fork today.

Would you be supportive of lowering the threshold to provide better minority protections?

The current fork threshold is 30% (~210 Nouns), which is roughly double the number of active voters.

This means, that if a proposal passed which was highly against active minority voter values, they would have no way to fork today.

Would you be supportive of lowering the threshold to provide better minority protections?

https://www.frames.paperclip.xyz/nounpoll/30?t=1726510962323

I need an option to raise it or even better, get rid of it completely.

building /gmfarcaster network |
blockchain ENT prof |  ⌐◧-◧ Nouncillor, Nouner, BuilderDAO community resident /builder |

https://www.gmfarcaster.com/ 

Sounds like you will get your wish through DUNA.

You don’t think minority protection is valuable, or don’t like this implementation of it?

I get your point that the fork hasn't YET been used as designed for minority protection. But, that doesn’t mean it won’t be. The proposed DUNA changes are significant and likely controversial (and ironically, propose to remove the fork). This might be one the best use case for the fork so far, potentially leading to the continuation of an independent non-DUNA Nouns DAO.

The real question is how large a minority must be to deserve to be protected (fork threshold).

Having a large fork threshold has caused the divergence between auction prices and book value, and a perceived arbitrage opportunity + arbitrage narrative. If the threshold was 0 (or we just allowed rage quit), auction prices would immediately jump to book value, and there would no longer be perceived arbitrage.

https://warpcast.com/spencerperkins.eth/0x5c28ec4f

The narrative around minority protection & the fork was BS. Was never really about that. The implementation was rage quit & arb for the raiders. I’m certain a better approach can be found. (Not sure if the next iteration will be better — we’ll see)