Nouns

One Noun, every day, forever.

nouns.wtf

The Nouns Arb Game

@davidbr and I spent a lot of time discussing it with Nounfolk. We realized the burn won't solve it fast enough and paused to think. This is an attempt to summarize our current grasp of the arb.

Hope this is helpful!

part of verbs team, working on nouns things

The Nouns Arb Game

@davidbr and I spent a lot of time discussing it with Nounfolk. We realized the burn won't solve it fast enough and paused to think. This is an attempt to summarize our current grasp of the arb.

Hope this is helpful!

https://mirror.xyz/verbsteam.eth/W4gaOrp6NC6jopc6vGsGuhz3o4ej0G_0TFhBlcLed94

working on nouns protocol ⌐◨-◨ https://mirror.xyz/verbsteam.eth

two paths; 
erase the treasury
or
adopt fair exit 

Even setting threshold to 51% will likely not achieve your goal of 50%+ long term buyers imo

I agree fair exit deserves more airtime. my favorite design is:
* fork value capped at noun's auction price
* BV-cap diff gets burned to mitigate majority attack incentive

however it adds material complexity, so my conviction diminished

the most worrying part is of course unknown unknowns; we should probably hire protocol big brains to help

some known stuff:
* nouns are way less fungible
* do we carry your cap to the fork DAO?

I’d think the exit value would default persist @ fork dao . Any issues there? 
Again I am not rly thinking about the hard-cap but rather a % exit share (and same exposure to dao expenses)