Collective Nouns: A Community-Curated Daily Auction on BASE in Support of The Yellow Collective
For
90
Against
434
Abstain
2
Description
The best Noun moments happen when we stop trying to control the outcome and start leaning into the absurd, let the auction be a playground, not a boardroom....
This proposal is simple. It instructs the auction contract to:
Update the ReservePrice parameter in the Auction House contract to 0.
Maintain all other auction logic (duration, distribution, etc.) exactly as it is.
We are 4+ years into this experiment. A reserve price is a crutch. Take it off and remind the world that Nouns aren't valuable because we say they are....they’re valuable because they are the center of the most interesting story in crypto.
Proposed Transactions
0x830BD73E4184ceF73443C15111a1DF14e495C706.setReservePrice(uint192)(
0x0000000000000000000000000000000000000000000000000000000000000000
)
0x830BD73E4184ceF73443C15111a1DF14e495C706.unpause()(
)