0xae4705dc…5fedsent to0xada31add…8617·#24,350,562·view on Etherscan
other thoughts/Qs:
- what is the downside of letting the auction go lower?
- will the bot that bought majority of 2025 Nouns be turned back on if auctions go lower? / will it be turned back on if auctions go to 3e reserve?
- open to experiment and run a trial, most of secondary is daily auction churn
- we have seen new folks and buyers showing up at this price point, being the most inclusive ever so far
+1
> not clear how this emphasizes noc
+1
> We met with the DAO’s advisors to review this proposal. Counsel confirmed that the proposal does not raise any legal or compliance concerns.
+1
> I think we should do this quarterly.
>
> Adjusting reserve price to BV as entry point.
>
> This can be the new design, I don't think the old "governance dilution" design is a good approach.