0xc3fdadba…36bbsent to0xf790a5f5…1365·#19,913,190·view on Etherscan
# Better price discovery for proposals
### Opportunity
It's been a long time know issue that many Nouns proposals fail (on both sides) due to lack of discovery. We often like a team, and a project, but fail a proposal because the ask is too ambitious. Similarly, we often pass proposals whose asks are more than we're comfortable with out of fear that the proposer may not come back.
It seems that a proposal type that allows a free floating price point could lead to better market clearing all around. Kind of a "you tell
### Rough concept
Not super well thought out, but here's an example of how this would work:
1. As a proposer, I write what i'd like to do and the economic parameters:
1. my preference for USDC / ETH
2. Stream period or instant payment
3. Maybe with a suggest price / or price range
2. Instead of voting "for / against / abstain", voters vote "[amount] / against / abstain"
3. If a proposal passes, then the amount of funding is computed as the average of all the [amount] votes. (could also be another algo like median or something more fancy)
4. Now the proposer can decide whether they'd like to execute or fail the proposal based on the amount voters have come up with.
This format won't be for proposers who have a strong sense of the price they need, but could unlock a lot of proposals where figuring out the right price is the biggest blocker.
### Next steps
Writing this here mostly as an idea Michael, Charlie, and I have had observing the Bot Frens proposal. The goal of this draft is to gauge sentiment in the idea itself. If there's sufficient interest, we can figure out how to act on this as a community. Maybe it's a Verbs project, maybe an Agora thing, or another party!better-price-discovery-for-proposals