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https://opensea.io/collection/nouns
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gami.eth
@gami.eth
you’d be surprised how many nouners are part of the /imf credit cartel someone get $nouns working and liquid so we can unlock borrow for nouns ⌐◨-◨ grants are one way. credit is circular 🤝
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Ben
@jarmen
Wouldn't token issuance be a major point of difference to all you other collateral types, all are fully circulating?, nouns would be minting daily pegged to an auction, LP/price is connected deeply to the auction. If down all systems follow.
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gami.eth
@gami.eth
sure would. but likely a fun problem to solve in there somewhere. we've got cracked devs and quants. would love for nouns not to miss out on this cycle entirely tbh
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Ben
@jarmen
Solve the downward auction before you create leverage. It would be a nice first step. Unless I'm mistaken adding leverage to falling price isn't a great starting point
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gami.eth
@gami.eth
we wouldn't be starting at leverage. that's a very distant maybe. we'd focus on getting the token right. so nouns have a chance at becoming collateral. because then they might accrue value. like i'm surprised nouns have never explored funding through loans instead of grants. deals instead of handouts.
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gami.eth
@gami.eth
i mean, imf is going really well, and i am keen for the opportunity to bring some of the newfound attention and energy to nouns
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