ProposalsProposal 249
ProposalsProposal 249
We propose to create a 10 ETH monthly prize pool for the next three months where any solo staker that puts “⌐◨-◨” into their validator’s graffiti flag can be permissionlessly eligible to win 1 ETH.
(paintbrush noun snacking after a hard day of nouns graffiti; CC0 art by brandonmighty)
We see solo staking as something incredibly nounish. It embodies a desire to contribute to the production and maintenance of a public good (in this case Ethereum’s decentralization) with the optimistic view that individuals’ independent judgment and actions can make a difference.
However, solo staking, as the name suggests, can be quite lonely. So we wanted to help make it more fun by introducing a distinctly nounish playful & absurdist element: a nouns block graffiti prize pool.
If you already have a staking setup, all you need to do is add “⌐◨-◨” to the graffiti flag of your consensus client.
If you aren’t yet a staker, but always wanted to and this prop is motivating you to stake some of your ETH, then that’s amazing and we’ll be rooting for you!
The easiest way to solo stake from home (in our opinion) is buying an Intel NUC (along with 2TB SSD and 32GB RAM chips) and setting up Dappnode, an open source node operator that helps you install and run Ethereum clients of your choice. You can also buy a ready-to-use staking node from Dappnode’s store which makes it is even easier.
The prize ETH will initially be held in a multisig. At the end of each month, starting April, we will initiate a 10 ETH transaction to a smart contract (to be developed) that randomly selects 10 winners amongst a list of candidate validator addresses.
We’ll use the following options as the validator's address (in this order): A) validator’s ENS (if included in the block graffiti), B) withdrawal address (if set by the validator), and C) the “from” address of the staking deposit transaction.
The spirit of this proposal is to celebrate and incentivize solo stakers. If we find that a large staking pool is attempting to ruin the fun, we’ll disclose those validators publicly on Twitter and not include them as potential prize candidates.
We’ll create a site that showcases the ⌐◨-◨ graffiti blocks etched into the Ethereum blockchain. We might also create a Twitter bot that tweets out whenever a new block with noggles is discovered.
Noun 40, gregskril.eth, and Ripe.
min-bid value of 0.05 ETH can have an outsized impact in supporting Ethereum’s censorship resistance.
Reasons given in my newsletter: https://paragraph.xyz/@thebower/active-governance-noun-582-4
FOR - 36 VOTES
Wide Eye ⌐◨-◨ | "For the culture"
Sasquatch | "culture"
Benbodhi | "1 ⌐◨-◨, every block, forever ♾️ ⌐◨-◨"
Akva | "⌐◨-◨"
AGAINST - 16 VOTES
Josep | "It seems to me to be a poor proposal, with little data on how the 30 ETH can impact on growing Nouns and offers no way to analyse how successful the proposal is.*
ABSTAIN - 3 VOTES
This charismatic and a clever way to incentivize solo staking. Excited to see it piloted!
We are voting for this prop because it is a fun Nounish experiment that will spread the noggles and, hopefully, get more folks involved in solo staking! One of the builders, Greg, is an Explorer and we are excited to see him participate in an on-chain prop :)
This encourages perhaps the most important Ethereum public good, decentralization, with a little noggle graffiti flag twist. I love to see Nouns supporting Ethereum public goods.
We propose to create a 10 ETH monthly prize pool for the next three months where any solo staker that puts “⌐◨-◨” into their validator’s graffiti flag can be permissionlessly eligible to win 1 ETH.
(paintbrush noun snacking after a hard day of nouns graffiti; CC0 art by brandonmighty)
We see solo staking as something incredibly nounish. It embodies a desire to contribute to the production and maintenance of a public good (in this case Ethereum’s decentralization) with the optimistic view that individuals’ independent judgment and actions can make a difference.
However, solo staking, as the name suggests, can be quite lonely. So we wanted to help make it more fun by introducing a distinctly nounish playful & absurdist element: a nouns block graffiti prize pool.
If you already have a staking setup, all you need to do is add “⌐◨-◨” to the graffiti flag of your consensus client.
If you aren’t yet a staker, but always wanted to and this prop is motivating you to stake some of your ETH, then that’s amazing and we’ll be rooting for you!
The easiest way to solo stake from home (in our opinion) is buying an Intel NUC (along with 2TB SSD and 32GB RAM chips) and setting up Dappnode, an open source node operator that helps you install and run Ethereum clients of your choice. You can also buy a ready-to-use staking node from Dappnode’s store which makes it is even easier.
The prize ETH will initially be held in a multisig. At the end of each month, starting April, we will initiate a 10 ETH transaction to a smart contract (to be developed) that randomly selects 10 winners amongst a list of candidate validator addresses.
We’ll use the following options as the validator's address (in this order): A) validator’s ENS (if included in the block graffiti), B) withdrawal address (if set by the validator), and C) the “from” address of the staking deposit transaction.
The spirit of this proposal is to celebrate and incentivize solo stakers. If we find that a large staking pool is attempting to ruin the fun, we’ll disclose those validators publicly on Twitter and not include them as potential prize candidates.
We’ll create a site that showcases the ⌐◨-◨ graffiti blocks etched into the Ethereum blockchain. We might also create a Twitter bot that tweets out whenever a new block with noggles is discovered.
Noun 40, gregskril.eth, and Ripe.
min-bid value of 0.05 ETH can have an outsized impact in supporting Ethereum’s censorship resistance.