0x008c8442…a7e4sent to0x6f3e6272…223d·#18,621,306·view on Etherscan
That the Burn had consensus (even if it later lost it) and effectively pulled forward spending and, in conjunction with the terrible strategic mistake to lower RQ to 10%, accelerated the leaking of ETH out of the DAO by thousands of ETH or more and cost even more members of the community who looked at those decision and said "No mas."
Because we were and are bullish ETH, it was another own goal to pull forward selling ETH before it ran up 30%. Time was on our side. It's not too late to let something that is a shared belief of Nouns DAO benefit the DAO.
Slowing down and thinking long term on how to build a community and culture people positively want to pay to belong to remains crucial. Otherwise all of this is a waste of time and the treasury is a a medium term path to zero one way or another.
Expected future return on capital invested ($ or social, perceived or real) must be > investment
Why would someone pay to join this DAO right now and not just to arb it? Why would they pay to join the DAO in the future? Is the number they'd pay greater or lower than 4.20 ETH in your head? What's your number and why?