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w-g
@w-g
this am reflecting on a pivot to Dutch auction which imo has good durability properties and apparently may even improve revenue prospects; https://www.sciencedirect.com/science/article/abs/pii/S0022053122001351 https://www.sciencedirect.com/science/article/pii/S0022053120300685
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w-g
@w-g
the design qs(afaict) - What price decay curve serves dao culturally (maintaining the soft 24-hr peg (š„µš)), economically - does the loss of FPA mechanics (esp bidding wars, afaict) create any negative externalities (impact on noc)
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