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cfeng.eth

building tools @nounsagora, thinking about governance
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New Eras of Internet Governance: ENS DAO inherits the ENS Root Key

Publisher
m
December 11
EP 4.10 proposes to transfer the ENS root key administrative powers to the ENS DAO.

The Nouns Arb Game

Publisher
verbs
November 07
For most of 2023 Nouns DAO auctions have been won by ‘arbitrageurs’ whose primary goal is to extract profits from the DAO’s treasury by redeeming their Nouns to the DAO at a higher price than they paid at auction. This arbitrage is the result of the project’s history, having been launched in the previous bull cycle when treasury grew much faster than the DAO could spend it, followed by the bear market we’re in right now, with auctions settling at much lower prices.
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The Future of Optimism Governance

The Optimism Collective is governed by a two-house system. This post provides an overview of the goals, design principles, and problem spaces of Optimism Governance.