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Memo 0x1de9d85d…40bcd9 on Ethereum

@0xFC53...6183 you complained extensively about a group of whales taking over the DAO. why would we make Nouncil, a group of non-holders with no stake, the greatest of the whales, controlling voting and taking over the treasury? > > > LOL -- thanks for showing up, gang ¯\_(ツ)_/¯ > > +1 > > > lol > > > > +1 > > > > > Nouncil's primary delegate is the same person as Shwoundation's, a whale buyer who outbid fork arbitragers & anons > > > > > > Nouncil voted against itself becoming a fully onchain and permissionless protocol (Prop 692) and instead operates as a 2/6 multi-sig with a Discord-based voting system that the multi-sig signers can ignore or change the rules of on the fly, which happened with Prop 962 when their system posted a For vote, but the multi-sig signers decided to change it to an Abstain > > > > > > after the $nouns debacle, the decision to vote against becoming fully onchain and permissionless was the primary contributor for our shared delegate choosing to stop participating at Nouns or with Nouncil > > > > > > this version of Nouncil - less than 10 people on a weekly discord call with another 10-15 people in the voting body who don't join the calls - is a long ways away from the meritocratic mini-democracy our delegator once sought to empower, and has morphed into a version that drives away thoughtful, good-faith participants > > > > +1 > > > > > 🤌