Bimoo

4542

david

@davidbr #4542

part of verbs team, working on nouns things

272 Follower 63 Following

Note that if a fork would happen any time soon, it's important that the 1000 stETH are not still waiting in the queue.
Should probably put up a proposal to claim asap @jarmen @bixbite

nounswap (and etherscan donation) are the first to earn client incentives from the auction 👏

https://etherscan.io/tx/0x198662f536403e14c3540e42d0e6b9b44566a47806c72885b1ee53766ff29fff

Send us your ideas & feedback. Experimenting with a rounds format to reward the most thoughtful ones!

Proposal 536 (nouns fungible token) didn't pass, but we're releasing the code for anyone to use or modify. We also deployed the factory contract to sepolia & mainnet (addresses in the README). The code is pretty simple, but hasn't been audited.
https://github.com/verbsteam/nouns-erc20

If any client still having issues, please DM and we'll help you fix it quickly

https://warpcast.com/indexcard.eth/0xffa1852e

Nouns Auction House contract now keeps a history of the winning bids and addresses.
Relevant functions are getPrices, getSettlements & getSettlementsFromIdToTimestamp.
This opens up some new onchain usecases, e.g. do something related to the avg of the last 7 auction prices

thanks index!

Is there an implementation for a diamond proxy with a fallback to an EIP1967 proxy implementation?

Would rather reuse than build from scratch

testing if this is visible

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hey @voadz prop 472 can't queue because of an annoying limitation of the timelock. it can't have 2 actions queued with the same execution date. actions 2 & 5 both wrap 21 ETH into WETH and so it fails.

unfortunately you'll have to repropose. you can change action 2 to wrap 42 ETH and remove action 5.

more on % exit: isn't there a fundamental problem with 2 nouns having same voting power but potentially very different exposure? eventually nouns with low exposure are incentivized to spend more or even rug?
wdyt @w-g

4542

david

@davidbr·

some thoughts on % exit: if every dao spend proportionally reduces the exit value, sounds rational to exit before a large spend and rejoin after. perhaps difficult if holding many nouns, but makes sense if only holding one?
assuming the dao has no significant income (like today).
wdyt @w-g

is anyone following what's the current expected BV? specifically what nouns spend rate is?

Looking for feedback on a model for protocol rewards compensation. V1 will reward for proposals, voting & auction bids.
The model shows which knobs the DAO has and how that translates into the comp that a clients can get
Is something unclear? Do you suggestions for improvement?

https://tinyurl.com/rewards-model

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new idea: trigger burn before a fork is executed.
whenever a fork is executed, first burnExcessETH is called
@wilsoncusack wdyt?

This is similar to my current concerns with the burn:
Thought exercise, if fork threshold was 1 noun, i.e. vanilla RQ, then the burn wouldn't do much because auction prices would stay pretty close to BV.
https://warpcast.com/wilsoncusack/0xad062676

We (@el4d & I) wrote a post on how to incentivize development & maintenance of third party frontends for Nouns
TLDR: the DAO would for usage, which is determined by calls to smart contracts.
In the post we go over:
- how to mitigate abuse risk
- potential options for payout
- technical considerations
(link below)

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