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19 Following
264 Followers
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So the 1 member is the only beneficial owner? Help me understand, for example, what happens if there are inquiries or enforcement actions. Seems like a high-risk position? Very different from a duna admin would you agree?
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oh mann.. really question whether nouns wants to be involved in issuing new governance tokens; putting the reg risks aside, seems like an opposite direction we would want to go wrt incentives,no? All the problems the dao is facing now stem from using this sort of model. Want to understand it better, tho. Any docs?
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Asked bc post said beneficial owners kyc
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Who owns the LLC? do you think a tax-exempt Duna is inferior to this structure in any dimension?
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What does the erc20 do exactly? Assume you’re not selling the ability to define the categories?
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some people find auto insurance mandates onerous but many would opt in regardless. I guess it’s unclear to me if you’re questioning whether Nouns itself could incur meaningful liabilities or just whether those liabilities could be passed through to token holders?
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imo the fork broke or severely wounded the hyper-structure; duna is a step towards repair. It’s afaict the maximally elegant way to interface w the meatspace. Nonprofit>implicit partnership>cayman fc
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🔥
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Divorciados
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🔥
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I guess the other option is editing a percentage linearly adjusts all other values; maybe this is already how it works? I think I like it looking like a histogram and you can adjust any single grantee’s bar and it automatically scales everything to 100%…
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Need dynamically updating sliders as ux so don’t have to do math (imagine thousands of white-listed grantees). Otherwise this is the way ♥️
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agree/ have been personally thrilled with the level of conversation in here tbh. Maybe seems small in terms of #of posts and likes but personal sense is a well-articulated thought in here has a lot of value. obviously the potential impact of protocol design choices is unbounded . In any case y rugging not good..I figured goal was dao signals it as a priority and not to necessarily get a good return
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hmm..maybe should redelegate
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imo can’t (& don’t want to) trust the (currently-defined) economic majority, so need a nouncil/citizenshouse-like body that is both eligible for these sorts of protocol incentives *and* allowlists the new members (if also own a noun or some % of a noun). Then need consistent brain energy focused on keeping this body high-signal, continually decentralizing, as neutral as possible (hardest part imo for protocol design..may need a mining incentive for onboarding and a penalty for voting in participants that are later revoked). veto ofc needed to protect this group & current thought is veto should ultimately be governed by noun age . Crypto-native balance of powers might be : capital influences via (%) exit threat, old guys get a louder ‘no,’ builders (incl active governors) get the rest; all bodies dilute in time & 1noun=1vote is left untouched .
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this drives home that the central area where we need to innovate more is anti-Sybil. This is basically protocolized rounds ( and the ultimate utility of rounds is itself anti-Sybil, whether by leveraging farcaster social graph or other)
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catalytic capital ⌐◨-◨
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Deepish cut but need more such props!
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YAS (somehow I rly identify this one as 4156 even tho he never repped it) / maybe also fav of v low ids⚖️ any interest 722..?
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kinky hoots
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