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
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