Summary In this post, I propose an update to the Nouns DAO software. Any ETH held by the treasury in excess of total_nouns_count * trailing_N_day_median_auction_price can be burned. The goal of this change is to create a code-level incentive for the DAO to (1) spend the treasury, (2) grow the Nouns supply, and (3) increase the auction price. This c

Written in 2018 I became a dad in an unusual circumstance. My wife’s brother died in the fall of 2016. His daughter—Asher—was almost one year old and in foster care at the time. Prior to his death, he and Asher’s mother had agreed to ask my wife and I to adopt Asher. Asher’s mother persisted in this wish after he died. Asher’s dad died at the end o

In my dreams, I am ever closer to writing some all encompassing post about how I think of Nouns. In reality, I’ve barely written anything. So, awaiting that blessed day, I’m going to try posting shorter thoughts.  Nouns DAO funds proposals. Proposals can be made my anyone with two Nouns delegated to them (frequently, a builder can get a delegation