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Memo 0xf0249a11…5c8b66 on Ethereum

+1 > The offer/clearing price right now is below the backing thats been set, so the incentive is to just collect the eth. fwa's own 1.3% keep rate backs that up. I dont think this onboards any new dao participation either, especially when people who already bought in to participate struggle to even show up to vote. As a tool to distribute nouns, i dont believe it works. as a tool to generate %, i struggle to see the upside. Maybe its fun for the dao to become a depositor in the project, but its not that exciting to me.