Content
@
0 reply
1 recast
1 reaction
wylin💎↑
@wylin
what if our art backed money came with fractional voting rights? incentivizing holders to participate in the governance experiment, no artificial quorum inflation from bricked Nouns the incentives seemed mostly geared toward dumping our money for other monies at the moment, and given the liquidity levels, DCA’ing into $nouns is nigh impossible
2 replies
0 recast
8 reactions
Ben
@jarmen
Imo we need to use treasury nouns as the backing, Dao minted tokens backed by treasury nouns. The award said token to fans for engagement/round/payment etc. Instead of having a 3rd party LP, we create an OTC site similar to Whales Market where people can offer to sell/buy without an LP that is abused by all. 3rd parties can create an LP if they choose but the current $nouns token has 3-4 people caught between a noun and nothing because we have zero liquidity. The direct implications of the auction to LP are both capping and negative IMO. If we want to award true fans the ability to own a noun controlling the output the best we can is important. Art back Dao minting, Dao distribution. $nouns token in its current design is just an arbitrary machine for the auction
1 reply
0 recast
2 reactions
Cole Perkins
@coleperkins
ship it.
1 reply
0 recast
1 reaction
