Nouns

One Noun, every day, forever.

nouns.wtf

vrbs

@noun40 brought up an idea that is exciting to me, in the vein of reducing the need for active governance: streaming. 

Every Noun is entitled to stream a portion of the treasury to some address(es). We can use similar logic to the client rewards as to the allowlist and how much.

Curious how the /vrbs grants program works?

Made this video to explain

Thinking about a Nouns Endowment to help ensure the DAO continues in perpetuity. 

Idea is that we set aside some % of the treasury in a stable yield bearing asset (ex. CUSDCv3, sDAI, …). The interest would be used to fund builders, ideally in a stream like manor drawing from what /vrbs has built.  

Thoughts?

Thinking about a Nouns Endowment to help ensure the DAO continues in perpetuity. 

Idea is that we set aside some % of the treasury in a stable yield bearing asset (ex. CUSDCv3, sDAI, …). The interest would be used to fund builders, ideally in a stream like manor drawing from what /vrbs has built.  

Thoughts?

https://warpcast.com/wilsoncusack/0x8eead66a
https://warpcast.com/rocketman/0x46b698c5

This was actively arbed away and Ξ unstaked. 

This was voted against and the burn mentality was instituted 

We could have lived of stake . Now we burn to the bone. 

Touch the flame again? No thanks is my guess.

We think something like this could help protect the treasury from arb. And achieve a similar outcome to what @w-g proposed earlier this year. 

Ensuring Nouns can continue to fund ideas … forever.

You are correct. Has a call with stakefish devs to design a dao system

If the core buys in im on board. 

Don’t think rounds is the way. Staking in a drip function contract. That only drip plus X can ever be called upon. (Kinda like a trust of sorts) that would be my ideal scenerio. Cc @jarmen who probably has gone crazy thinking about this. 

AND a main fully accessible treasury of course. Auction 50/50. 

(Broad strokes)

We think something like this could help protect the treasury from arb. And achieve a similar outcome to what @w-g proposed earlier this year. 

Ensuring Nouns can continue to fund ideas … forever. 

https://www.nouns.camp/candidates/stake-1k-in-rounds-32d1a53f6709a03f4b6cf4cb0501204ba188d4f5