0xd8ef1849…b17asent to0xf790a5f5…1365·#19,871,426·view on Etherscan
# Fund Retroactive Rounds via Rounds.wtf
**tldr:**
Allocate 300 ETH towards retroactive rounds via rounds.wtf.
**Context:**
[Prop 506](https://www.nouns.camp/proposals/506) passed on Feb 26, 2024 where the Prop House team received 50 ETH to deploy via [Rounds.wtf](https://rounds.wtf). We proposed “exploring a new UX via Farcaster for Nouns to allocate funds through.”
**What's happened since then:**
We've created an engine to perpetually incentivize attention by rewarding the long tail of Nouns contributors with zero additional effort on behalf of Nouns voters. This is achieved by removing the need to vote, focusing only on retroactive funding and using the social feed for distribution.
Some of the experiments we ran since the last prop to get us where we are today:
- Reply to cast as a way to submit
- Tagging the @roundsbot to submit
- All casts filtered by eligible users’ likes as submissions (ding ding ding)
- Reply to submission and stand alone casts as notifications
- Dedicated channels for running rounds
- Media / mint / tags only rounds
- Deployed v1 & v2 of our claims contracts
**Nouns rounds results:**
3k+ submissions with rewards
1k+ unique users
27 rounds executed
For reference, the rounds.wtf modality was able to reward 10x more submissions and 3x more unique users in \~3 months than what we were able to achieve in prop.house in \~30 months.
Allocations were as follows:
- [/nouns](https://warpcast.com/~/channel/nouns): 11 rounds, 32 ETH
- [/nouns-animators](https://warpcast.com/~/channel/nouns-animators): 7 rounds, 14 ETH
- [/nouns-propdates](https://warpcast.com/~/channel/nouns-propdates): 5 rounds, 2.4 ETH
- [/nouns-draws](https://warpcast.com/~/channel/nouns-draws): 4 rounds, 5 ETH
The best way to get a real sense of the results is to visit each channel individually via [rounds.wtf](https://rounds.wtf).
**Looking ahead:**
We recently announced that we’ll be [sunsetting prop.house](https://warpcast.com/seneca/0xef9cc1ab) in order to focus all of our resources into rounds.wtf. With this proposal, we'll be able to continue to experiment towards a viable path to scale the Nouns treasury-to-builder pipeline. We now have a suitable format. The next step is to explore ways to bring in new attention to Nouns in order to test rounds at increased funding levels.
Over the coming months, our priorities will be to make sure communities are happy and explore new ways to speed up the market dynamic.
Making sure communities are happy:
- Ensure quality submissions are being rewarded
- Build analytics to help communities clearly see the outputs
- Improve the contributor experience
Market dynamic:
Rounds function as an attention market where submissions that garner attention receive rewards. The thesis is that eventually communities will be able to use the reward pool size to increase or decrease attention towards specific outputs. To get to there, we need to ensure that ongoing rounds have a strong feedback loop between each other to enable the market dynamic to kick in, sustain itself and grow.
**Ask:**
300 ETH, 100% will be used towards funding Nouns contributors.fund-retroactive-rounds-via-rounds.wtf