Lil Nouns Proposal Candidates on Base
Lil Nouns Proposal Candidates on Base
Nouns have introduced a fresh approach with their v3, allowing anyone to put forward candidate proposals without needing to hold Nouns tokens. While I’ve previously spoken about shifting to v3, the current sentiment among Lil Nouns leaders does not seem to favor this move. Therefore, I propose a new strategy that takes advantage of optimistic layer two blockchains, like Base and Optimism.
This proposal leverages the affordability of managing proposals on layer two and adopts a permissionless system that requires no immediate changes to the existing Lil Nouns contracts. However, should this model catch on and see positive uptake, there’s potential to integrate it directly into the Lil Nouns smart contracts later on.
Here’s how it works: Anyone can craft a proposal candidate, attach a minimal fee to keep spam at bay, refine it as needed, and finally propose it to Lil Nouns on layer one. This can all be done without owning any Lil Nouns tokens, as long as the proposal secures enough backing from token holders to meet the required threshold. Additionally, others can contribute their suggestions directly on-chain.
The plan also includes leveraging on-chain social networks like Farcaster, where power users can discuss proposal candidates through a user interface, all without needing to own Lil Nouns tokens.
We’re looking at a budget of 6.9 ETH to develop the necessary smart contracts, a frontend interface, an integrated Farcaster client, and for deployment and ongoing maintenance. The timeline for this project is around four months.
Detailed Timeline and Costs Breakdown
Development Phases:
- Initial Setup and Planning (1 month):
- Establishing the foundational project infrastructure.
- Drafting the initial smart contract specs.
- Designing the user interface and planning the integration with the Farcaster client.
- Smart Contract Development (1 month):
- Crafting, testing, and reviewing the smart contracts needed for proposal submissions and updates on Layer Two.
- Setting up anti-spam fee structures.
- Frontend Interface and Farcaster Integration (1 month):
- Developing a user-friendly frontend interface.
- Integrating the Farcaster client for on-chain social interaction related to the proposals.
- Deployment and Testing (1 month):
- Launching the smart contracts and frontend interface.
- Extensive testing to ensure seamless operation across both Layer Two and Layer One environments.
- Resolving any issues discovered during testing.
Cost Breakdown:
- Smart Contract Development: 2.9 ETH
- This covers the creation, testing, and review of the smart contracts.
- Frontend Development and Integration: 2.0 ETH
- This involves building and integrating the user interface with the Farcaster client.
- Deployment and Maintenance: 2.0 ETH
- These are the costs for deploying the interfaces and contracts across networks, plus their maintenance to ensure they run smoothly.
This detailed plan is designed to set up a robust proposal management system for Lil Nouns, using cutting-edge layer two technology to boost community participation without the need for token ownership. If this initiative proves successful, it sets the stage for potential direct integration with the Lil Nouns smart contracts, further aligning with community input and activity levels.
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
0x9e0e...5257B1 | 82 | FOR |
0x0d41...5B7081 | 14 | ABSTAIN |
0xae47...915Fed | 12 | AGAINST |
0x9525...eEFC2c | 12 | FOR |
0x10d3...69594b | 5 | FOR |
VOTE POWER
Proposal Status
- Fri May 03 2024, 12:23 amVoting Period Starts
- Sun May 05 2024, 06:31 pmEnd Voting Period
- Queue Proposal
- Execute Proposal
Current Results
1-FOR
108
2-ABSTAIN
14
3-AGAINST
12
