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SharkDAOSharkDAOby0xe12305a06eCFc570C4e9EE664fb7e22901B3B8420xe123…B842

NounsDAO Prop 76

Voting ended over 3 years agoSucceeded

Allocate Noun to Lil Nouns DAO

This proposal allocates Noun#253 (currently held by the NounsDAO treasury) to the Lil Nouns DAO treasury.

Rationale:

Lil Nouns has demonstrated product market fit, a demand for Nouns exposure at a lower price point, and well-aligned community values.

Nouns DAO receives 10% of Lil Nouns supply for first 5 years, which brings additional utility to the Nouns treasury.

Lil Nouns has broadcast intent to use treasury funds to acquire Nouns, but additionally granting a Noun will demonstrate that we value:

  • the ownership stake they have granted NounsDAO
  • the positive externalities they have created for the Noun ecosystem

Noun grants in the future to derivative projects should be evaluated on a case-by-case basis

Off-Chain Vote

FOR - SharkDAO vote FOR
3.32M SHARK15.9%
AGAINST - SharkDAO vote AGAINST
17.55M SHARK84.1%
ABSTAIN - SharkDAO vote ABSTAIN
0 SHARK0%
DON'T VOTE - SharkDAO skips vote
0 SHARK0%
ABSTAIN from SharkDAO vote
0 SHARK0%
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Timeline

May 16, 2022Proposal created
May 16, 2022Proposal vote started
May 20, 2022Proposal vote ended
Oct 26, 2023Proposal updated