Content pfp
Content
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Noun 40 pfp
Noun 40
@noun40
a high conviction nouns thought that i developed during the bitcoin etf led nouns break was that we need a fungible token for nouns (i'm aware of nogs but we need something redeemable for actual nouns + has real liquidity; nftx was a thing for a bit but never had liquidity)
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martin ↑ pfp
martin ↑
@martin
could we start our own DAO-sponsored NFTX-like pool, seeded with some Nouns and ETH from the DAO for initial liquidity?
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SQX pfp
SQX
@sqx
The answer is yes and the dao reaps rewards. Lils does this and has this.
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supriyo  pfp
supriyo
@supriyo.eth
what did the rewards look like and is it still used actively?
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SQX pfp
SQX
@sqx
Off the cuff. I think floor was around .45 at time. . Deposits of ~45 eth equivalent Lils and eth. Think rewards claimed amounted to 6-7 eth and sits at 22-24 valuation. Active is relative I suppose. Lils don’t move all that often. In total I think it WAS a success. (We have discussed closing)
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