Content pfp
Content
@
0 reply
1 recast
1 reaction

Trey pfp
Trey
@trey
So if 504 Nouns fork, then that would be 17,892E leaving, correct? But there's only 17,878E in the treasury. How's that going to work? Does the treasury start getting divided up proportionally?
2 replies
0 recast
0 reaction

Trey pfp
Trey
@trey
Wait... I get it now... The current treasury is decreasing as the fork treasury is increasing. So if 504 Nouns leave, then the main Treasury would be drained of another 9,636E leaving 8,242E remaining. Obviously not ideal, but at least solvent and a DAO can (potentially) still do a lot w ~$12M.
1 reply
0 recast
0 reaction

bg-neutral pfp
bg-neutral
@indexcard.eth
some of the funds have already been sent to a new treasury for the forked nouns https://etherscan.io/address/0x55dd565c6f94b3bad1f4a35398af4a526fcd465f
0 reply
0 recast
1 reaction