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https://opensea.io/collection/nouns
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woj
@woj.eth
interesting warning in proposals is it a vulnerability? what's the exact risk here?
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krel
@krel
Simplified: wag believes the Fork mech will make nouns treasury spiral to zero over time bc of arb opportunity and game theoretical reasons But for everyone who dont want to rely on Foundation veto ~forever, the Fork mech does not pose much of a difference (just another flavor of 51% attack)
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woj
@woj.eth
i see, thanks for the context does it mean that deploying the treasury faster is the only way to prevent the arbitrage attacks?
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krel
@krel
yes, atleast i think thats one natural conclusion to ”combat” the arb others have looked into timelocking funds (@yitong?) but (until the dao is fully captured) its also possible to explore other dao immune systems mechanics to combat arbers, eg slashing or ragekick
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