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 🤔

There is *a* way, just set burn interval to like 10 auctions or something. But at that point may as well have like a rolling burn. 

Perhaps they could be proportional. Burn interval is quorum count - 1

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.

Could also bump the fork interval back up which would be smart to do anyway

I thought the point of the fork was to avoid RQ especially for legal reasons?

😂 the loomy gloom of book value legitimacy