@civilmonkey
should the daily nouns auction start as 0 as it always has been since summer 2021 or should it start at 3 Ethereum without the chance for organic price discovery and implementing a mandatory minimum price for newly minted nouns of currently 10k$?
if proposal 923 passes, the reserve will be set to 3 ETH based on book value line of arguing
this would go against nounish culture and not be in line of proliferating nouns
I advocate against this proposal and encourage nounish people to campaign
governance dilution has always been part of the DAO; it becomes cheaper to enter while the voting percentage per noun decreases over time with one new noun every day
https://www.nouns.camp/proposals/923 find histories of auctions on nouns.wtf