Lil Nouns DAO

Re-submitting this prop to remove the funding request. Instead, Agora will launch as a free pilot on Lil Nouns, funded by Nouns. Post launch, we’ll observe the progress and seek additional funding in a separate prop to fund Lil Nouns exclusive work where necessary.

What is Agora?

Agora is a delegate marketplace that was recently funded by the Mandates Prop House. Agora enables Nouners to signal their funding preference or delegate their votes to others based on alignment of views, leading to more clarity and lower friction for builders to get funded to do valuable things.

Agora successfully launched on Nouns (see more here) and is looking to expand to Lil Nouns following clear community interest in increasing delegation and voter participation. Bringing Agora to Lil Nouns requires software work, as well as community & operations work.

What value does this bring to the Lil Nouns Community?

The number of votes used in each Lil Nouns prop hovers around 10-15% whereas Nouns is closer to 25-30%. This leaves us at risk of not meeting quorum on important proposals, as well as being more vulnerable to bad actors. A healthy delegation ecosystem is critical to a healthy DAO (see atareh’s report) and will also lead to important conversations around the DAO’s objectives and values.

Long-Term Value

This will significantly improve the delegate and voting experience in the Lil Nouns community, and signal to Nouns builders that Lil Nouns is excited to help support their work and migrations to our DAO, bringing us even more great contributors.