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Lil Nouns DAO

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Lil Nouns DAO

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closedEnded 2 years ago ·  Onchain

Time to Lower Reserve Gradually. lets start with .1

By 0x2eE0...1B90f8

LOWER RESERVE

Implied book value on forked nouns is probably between .09 and .12 …

Keeping reserve in a range that it is usless as far as a funding route seems harmful from a perspective route. and a tax on new members who would like to “fund” . Screenshot-2023-10-12-081309.png

Screenshot-2023-10-12-081349.png

I mean. weth bids get you Lils…

Screenshot-2023-10-12-082030.png

Im not implying we would have gotten all these trades, but we werent even considered in the equation.

IMO .1Ξ is still restrictive and aligns with STILL above market value of the Lil Nouns WITH OR WITHOUT THE FORK.

submitted by SQX

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0
Votes 14
VoterCast PowerVote & Rationale
0xe412...3DF674
487

AGAINST

0x8Bec...4af8c3
217

AGAINST

0x54Ed...f85E67
188

AGAINST

0xFC53...C56183
51

FOR

0xdcf3...897a19
26

AGAINST

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Proposal Status
  • Thu October 12 2023, 01:25 pmPublished Onchain 0x2eE0...1B90f8
  • Sat October 14 2023, 09:34 amVoting Period Starts
  • Tue October 17 2023, 03:39 amEnd Voting Period
  • Queue Proposal
  • Execute Proposal
Current Results

1-AGAINST

947

92.12%

2-FOR

81

7.88%

3-ABSTAIN

N/A Tokens

0%
Quorum 1,028/716
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