If you’re new to Nouns, check out the official website and this explainer video.TLDRDynamic quorum is an upcoming governance change that reduces the tradeoff space between friction and security, making proposals harder to pass the more Nouners vote against them.This is an important step towards turning off the foundation’s right to veto.This change has been reviewed internally and is currently being audited on code4rena.The final parameters decision will be made closer to deployment time.Intr...

If you’re new to Nouns, check out the official website and this explainer video.TLDRDynamic quorum is an upcoming governance change that reduces the tradeoff space between friction and security, making proposals harder to pass the more Nouners vote against them.This is an important step towards turning off the foundation’s right to veto.This change has been reviewed internally and is currently being audited on code4rena.The final parameters decision will be made closer to deployment time.Intr...

Forking is the crypto-native way for groups of token holders to exit together into a new instance of their protocol, resulting in maximal conservation of momentum in the ecosystem; famous examples include the Ethereum Classic fork and the Bitcoin Cash fork. We believe it's time to enable DAO forks as well, starting here at Nouns. To date, there has been no DAO version of forking, but it is needed. How can we protect a minority against a tyrannical majority? Or, in less extreme cases, how...

Forking is the crypto-native way for groups of token holders to exit together into a new instance of their protocol, resulting in maximal conservation of momentum in the ecosystem; famous examples include the Ethereum Classic fork and the Bitcoin Cash fork. We believe it's time to enable DAO forks as well, starting here at Nouns. To date, there has been no DAO version of forking, but it is needed. How can we protect a minority against a tyrannical majority? Or, in less extreme cases, how...

IntroductionThis is a quick analysis we composed with the help of community members, to try and make more tangible sense of wag’s original post, and feedback on twitter these past few weeks. Our hope is this analysis will help voters in their decision making and discussions. We’re available for any feedback, and especially to any corrections or additions community members think we should make. Find us on twitter @davidbrai and @eladmallel.TLDRDifferent calculation approaches boil down to the ...

IntroductionThis is a quick analysis we composed with the help of community members, to try and make more tangible sense of wag’s original post, and feedback on twitter these past few weeks. Our hope is this analysis will help voters in their decision making and discussions. We’re available for any feedback, and especially to any corrections or additions community members think we should make. Find us on twitter @davidbrai and @eladmallel.TLDRDifferent calculation approaches boil down to the ...

→ Nouns DAO is an NFT based DAO on Ethereum, auctioning one noun a day, forever. For more info go here and here.Deploying Nouns forks is used to be expensiveOne of the key features of Nouns is that their art is stored completely on-chain. Since storing data on Ethereum is expensive, the Nouns protocol uses a run-length encoding (RLE) compression algorithm to compactly store all the pixel information required to render Nouns. You can read how it works here (a bit outdated, but still helpful). ...

→ Nouns DAO is an NFT based DAO on Ethereum, auctioning one noun a day, forever. For more info go here and here.Deploying Nouns forks is used to be expensiveOne of the key features of Nouns is that their art is stored completely on-chain. Since storing data on Ethereum is expensive, the Nouns protocol uses a run-length encoding (RLE) compression algorithm to compactly store all the pixel information required to render Nouns. You can read how it works here (a bit outdated, but still helpful). ...