Nouns DAO (legacy) - treasury-management (Q5067)
From Nouns Dev
A Nouns discord channel.
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Nouns DAO (legacy) - treasury-management |
A Nouns discord channel. |
Statements
<@603240181050638346> seems to have a very good handle on the practical side of implementing various proposals.--If we were to go in the direction of staking some eth would it be best to perhaps stake 1% of treasury (or even just 0.01 eth) as trial? Or would stand protocol be to just vote on the end final result rather than in stages?
Based on the conversation, it seems that the idea of staking a small percentage of the treasury as a trial was discussed, but no definitive answer was given. The conversation included suggestions for different percentages and potential risks, but no clear consensus or final decision was reached.
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<@910382387983179797> would you trade your noun for a noun in the first 50? First 20? First 10?
Noun 19/Cookie Nounster#3464: <@910382387983179797> would you trade your noun for a noun in the first 50? First 20? First 10?--Answer: Probably not.
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Also I’m confused how can new members join the dao forever, don’t daos have to be capped at some #?
GuyZalaxy#1925's question about whether DAOs have to be capped at some number was addressed by Noun 12#8966, who explained that there is no cap on DAO members and that there are hundreds of DAOs with more members/public keys than 200. They also mentioned that Nouns DAO benefits from a constant refreshing supply of new members and that the cadence of auctions can be changed in governance.
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Are the economics of sETH not expected based on making ETH2 not tradable until after the merge? Looking at crypto, wouldn't one expect that the first thing that would happen would be the creation of a derivative, and that the nature of liquidity would make that derivative winner take all? It seems like hopium to expect that something else would have played out here (reminds me of soulbound nfts tbh). Does this problem not go away on its own once beacon chain withdrawals are possible?
Yes, as soon as the conversion is liquid the peg will restore. The problem is expected to go away on its own once beacon chain withdrawals are possible.
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are we planning on transferring/buying the nouns.eth domain into the DAO?
Yes, there are plans to transfer the nouns.eth domain into the DAO. 4156#9052 mentioned that the domain is currently in the foundation's multisig and that they will ask the board about transferring it to the DAO directly.
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By investing in other NFT projects, aren't we just giving those owners exit liquidity and possibly transferring our goodwill to their project for a not so great return?
By investing in other NFT projects, aren't we just giving those owners exit liquidity and possibly transferring our goodwill to their project for a not so great return?--MikeMcDonald#3707: We're absolutely giving them exit liquidity. The hope is that this works as effective advertising to have people who believe in that project believe in our project.
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can’t one just do it through a CEX? Sell DAI for fiat, send fiat to bank account. -Are you concerned about the slippage when converting to fiat?
Yes, one can sell DAI for fiat on a centralized exchange (CEX) and send the fiat to a bank account. The concern about slippage when converting to fiat may not be significant, as stablecoin/USD trade fees might be low enough on exchanges. It's worth double-checking on exchanges like Coinbase for less sophisticated users.
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does one get sETH in secondary market or from depositing with lido?
Yes, one can get sETH in the secondary market or from depositing with Lido. Islandprime59#9223 mentioned that the market is pretty efficient it doesn't really matter but yea probably deposit.
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