Nouns

One Noun, every day, forever.

nouns.wtf

I’m not sure there’s a good way to have fork interval > burn interval, so I am now leaning towards vanilla RQ in the main DAO, so that it is maximally competitive and we leak less value. But this is sort of functionally equivalent to have an auction reserve price 🤔

curiosity maxi.

co-founder of @nounish and @nounsfest.  creator of gifs.

In order for the burn to mitigate the arb, we can’t have people forking more frequently than we can burn. 

BUT i don’t see a great way to do this. Involves awkward constraints on forking that could hurt honest forks. 

So maybe instead we mitigate arb by making auctions max competitive: you can fork with 1 noun.

how do you feel about the idea to require noun age to fork? falls under the "awkward constraints that could hurt honest forks"?

part of verbs team, working on nouns things

Yeah I don’t see a great way to do it. Assuming a surprise hostile 51% attack.

maybe during the aging, a noun can be refunded at min(auctionPrice,BV). after aging, it can be forked.
I mostly don't like that it's complex

maybe generally if purchased higher than BV, dont age - lower then age?

Founder @ /atrium  (atrium.art) . Making nouns.movie ⌐◨-◨

Rules based on purchase price vs BV are codesmell to me :)