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Memo 0xadef2f59…e90d7d on Ethereum

Temporary Pause of Auctions for Review&&I’d like to propose a temporary pause on auctions to allow the community to reassess the current state of the DAO. Recently, we’ve seen a pattern in both the types of proposals being submitted and the concentration of auction wins by a single wallet, often bidding significantly above the base price. While participation is open and competitive by design, this raises a few important questions around fairness, distribution, and long-term sustainability. Additionally, earlier observations of possible sybil-like behavior make it important for us to reflect on how value is being captured and distributed within this ecosystem. This proposal is not aimed at restricting participation, but rather at creating space for alignment as a community. **Key questions to consider during this pause:** * Do we believe the current base bid accurately reflects the value of these NFTs? * Should we explore adjusting the base bid to better match perceived value? * How do we ensure broader and more equitable participation in auctions? * Are there safeguards we should introduce to reduce potential sybil behavior? It’s worth noting that I’ve personally participated in these auctions, primarily at base bid levels, and this perspective comes from both participation and observation. ***The goal here is simple:*** take a step back, align on what we want this DAO to represent, and ensure we’re building something sustainable and fair for everyone involved. I’d love to hear thoughts from active DAO members by votes or propdates.