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Memo 0x0c8054ef…f92202 on Ethereum

@0x560D...79E6 added links so folks can review.. still looking into cxling vs converting donations to steth (probably not a good idea) @lilfrog @monografia I agree w wanting to see more in-network props, but thought paying homage to prop 1 could be a fun way to address current stressors (indeed the alternative vers of this prop would be to simply redistribute funds linearly, either to all eth holders via burn or to, say, active nouners based on vote record etc). 20% is, if anything, probably too conservative if wanting to see consistent real new member interest & reduce drain. though i would agree we don't need to be hyper-focused on arbers, it's also true, imo, that waste is ultimately not very Nounish. While we can debate the utility of philanthropy in general, Nouners i think generally subscribe to the more traditional view that its worth trying and many these orgs are conscientious about studying the nature of the impact they make. > > > Why 7? Why this amount? Why not a stream? Why not 10% or 5%? But most of all: > > +++ "Why not developing our own public goods that can leave an impact rather than giving away to other charities as a means of supporting public goods". > > It feels like a productive alternative to "The Burn," but at the same time, it sounds like: "we are running out of ideas/projects." > > +1 > > > I’d much rather support developing our own public goods that can leave an impact rather than giving away to other charities as a means of supporting public goods. > > > > This would be a pretty huge spend too, almost 20% of the treasury. I’m a bit skeptical auction prices are going to recover much so this would take almost a full year to recover. > > > > I’d be open to giving to these orgs but maybe not at this amount.