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Memo 0xa11c7f0b…4f9349 on Ethereum

The idea of setting a reserve price 4-5X the value of current auction bids is just idiotic & performative, clearly you have ulterior motives.... if you feel strongly about a protocol change don't hide behind an anon account. "BV is irrelevant in a world where Nouns is a DUNA and forking is therefore illegal as a form of profit distribution to members." "Worth noting that governance dilution is an intentional part of the design. A Noun today represents a much smaller share of voting power than a Noun several hundred IDs ago." "The market should continue to dictate the value of membership." "setting an artificial floor at breakeven movement's average buy-in price feels like it undermines the natural governance dilution that makes nouns accessible. market forces should determine entry cost, not attempts to preserve existing holders' influence."