Hello and welcome to issue #2 of Active Governance. In this newsletter I flesh out my thought process on how I’m voting for the NounsDAO proposals as a new nouner.
This week we’re looking at props 232 through 239!
Disclaimer: These are my personal opinions based on how I believe the DAO should be using the treasury to achieve its goals. I made the decisions based first and foremost on the on-chain proposals.
Proposal 232 (Voting Against):
“More Past than Future” - The first film fully funded by Nouns - Recording in Africa
I really like the idea of funding a full feature film through the DAO, and the themes explored are great and in line with the Nouns ethos.
The ask is very fair and I appreciate a detailed breakdown of all the costs, although I would’ve preferred to see it denominated in USD.
The part that worries me is the value that this project will bring to Nouns. I’m not sure how much the targeted audience at film festivals will be interested in an innovative NFT project.
There could also be more deliverables if the DAO is to fund the whole movie. For example there could be a booth at each festival to onboard and educate attendees about Nouns and how the movie was funded.
I would like to revisit this prop with Nouns playing a more significant role and with more deliverables.
Proposal 233 (Voting Against):
Nouns Acquisition Committee - delegation changes
My belief is that on-chain proposals should be very thorough and include all necessary information for a nouner to make its decision. I had to do quite some digging to understand what was being proposed on this one, which is not ideal.
Regarding the proposal itself, I agree with the suggested changes, but I believe that Nouncil and NAC are independent entities, and I don't think the DAO should be involved in this matter. I also agree with the view that on-chain proposals should mostly modify the on-chain state.
Proposals 236 & 237 (Voting For):
The Wizard's Hat - Premiere & Mint & # Nountown - Animated Short Film Droposal [Atrium]
Both of these proposals follow on prop 190 to mint their corresponding production via the DAO as an open edition.
There is really nothing to dislike here. It can bring funds back to the DAO via the mint and it immortalizes the productions as part of Nouns history.
Proposal 238 (Voting For):
Functional Props
I went through this proposal a couple of times to fully understand it. I think overall these are valuable tools for the DAO and for proposers to have more options with their ask and deliverables. Although I’m not completely sold on the idea of funding ranges and I wonder how it could affect voting dynamics.
The other thing I question is the compensation, it feels a bit high. But I don’t know the market rate for solidity developers and contract auditing to assess whether it’s fair or not.
I’m rather undecided on how to vote on this one, but leaning towards For as these tools could be useful additions to the DAO.
Proposal 239 (Voting Against):
Purchase 5000 copies x 6 issues of ‘Nouns: Nountown’ for hodl & distribution by NounsDAO
I’m not a fan of this proposal. There is very little information provided making it hard to accurately form an opinion on the whole idea.
Here are a few points I have issue with:
Little information on what is being done at comicon event. Will there be activations? What will be the costs? How will the comics sales be handled?
Poorly described logistics. What’s the storage cost? What exactly is the deal with titan comics for selling the DAO’s comics? Are there shipping costs?
Don’t see enough benefits for the DAO to spend 150K to hold all these comics.
Again there is very little information for me to even properly form an opinion on it. I would encourage a revised version of this proposal with (way) more details.
That concludes all the proposals for this week!
I’d love to know your thoughts, feel free to reach me on twitter @Lep0327
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