ProposalsProposal 680

Nouncil Unchained

Defeated
For
6
Against
27
Abstain
9
Quorum: 102
Proposed by
0xa2f0...ef6b
, sponsored by
0x073f...2e63

TL;DR

Requesting 6.9 Ξ for the development and deployment of Nouncil Protocol.

Nouncil Protocol

Nouncil Protocol is a comprehensive approach to managing Nouncil's membership roll and treasury in a decentralized manner. The protocol facilitates the creation and management of non-transferable, non-fungible tokens that grant governance rights within Nouncil DAO.

Token Features

  • Cost-free minting for eligible applicants
  • Non-transferable
  • Onchain art
  • Burnable

DAO Governance

The DAO has complete authority over token issuance and a treasury, with Nouncillors managing operations through Nouncil Tokens. Governance parameters such as timelock delays and voting periods can be adjusted as needed, and the DAO also governs protocol upgrades.

For more detailed information about our smart contract architecture and to explore the codebase, head over to our github repo.

Gas Relayer

To support Nouncil-related onchain activities.

Minting Interface

The minting interface is a simple front-end created with React. A live demo is available.

Funding

  • Retro Funding: 4.20 Ξ
  • Deployment Costs: + 1.2 Ξ
  • Relayer Funding: +1.5 Ξ (allocated to subsidize minting)

Total: 6.9 Ξ

Next Steps

  • Direct voting on Nouns Dao with vote-splitting. Implementation is possible once Nouncil holds more Nouns than its member count.

Opensourcing

All components are open source and can be updated or customized without permission.