One Noun, every day, forever.

nouns.wtf

Nouns

gm, @davidbr and I are working on the $nouns token, backed by Nouns. 
1M $nouns <-> 1 Noun NFT.

you're invited to read this short spec doc and reply with your feedback.
thanks!

part of verbs team, working on nouns things

gm, @davidbr and I are working on the $nouns token, backed by Nouns. 
1M $nouns <-> 1 Noun NFT.

you're invited to read this short spec doc and reply with your feedback.
thanks!

https://docs.google.com/document/d/1Uz4l8bAPaA2_gsUVZsZo_1dAmggAiYIn5sYba1IK10Q/edit?usp=sharing

working on nouns protocol ⌐◨-◨ https://mirror.xyz/verbsteam.eth

Think I am against allowing people to mint $nouns with nouns. Esp for v1. Not needed for the primary use-case (reward builders) and will increase unproductive speculation . It also makes % exit much more complicated since treasury nouns will be fungible but others will not

1. Yes (shooting myself in foot here as possible large LP fwiw) 

2. Imo if we move to % exit is possible (likely?) treasury nouns will initialize @book value at time of change. Newly auctioned nouns would all have different exit values though which adds arbitrage and opacity to claim process

clarifying:
1. do you mean you think minting $nouns should be possible only by the DAO? I'm also slightly leaning that way.
2. I didn't understand the part about the % exit complication. can you explain more?