Content pfp
Content
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Ben pfp
Ben
@jarmen
The new lower fork prop (candidate )must be from a concerned citizen, valid arguments but why hide? At best you can use ownership and participation to help convince the need. At worst, you're left to roll with the 30%
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Michael Gingras (lilfrog) pfp
Michael Gingras (lilfrog)
@frog
0 fork threshold is dumb idea bc it’s an immediate arb opportunity
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Spencer Perkins pfp
Spencer Perkins
@spencerperkins.eth
* 0 threshold => rage quit * Auction price will jump to book value * Treasury will be drained N %, where N is % Nouners leaving From DAO perspective, better off to spend the treasury and bring book value down to auction prices first Do understand the sentiment behind the candidate tho. Minority holders shouldn’t be forced into DUNA if they don’t want. Tricky, tricky
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SQX pfp
SQX
@sqx
Dao drain vs arb drain. Why is one better than the other? A pre switch fork option makes a lot of sense from an ownership standpoint.
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Spencer Perkins pfp
Spencer Perkins
@spencerperkins.eth
Depends what perspective you are looking from. * For DAO: better to spend since funds go toward building things * For Nouners: better to arb since funds go to holders But…. This is basically an argument against/for the fork in general. A threshold of 0% or 30% doesn’t really matter too much. If 30% want to leave the same thing happens. Lower the threshold, better the minority protection.
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