Soliciting feedback on a proposal noodling around in GOOP TROOP regarding how to best utilize the lil nouns granted to Nouns DAO by lil nouns dao.
Current state of affairs:
- Nouns DAO holds 355 lil nouns and is the largest holder in the dao.
- Nouns DAO has not voted in lil nouns governance.
- Voter turnout in lil nouns hovers around 2-4% of unique voters.
Utilizing lil nouns held by Nouns DAO
- It seems unlikely that Nouns DAO will vote in lil nouns governance due to the technical friction involved in voting.
- Delegation is a good option to overcome the technical friction.
Feedback Request
I am looking for feedback on delegation models. The following are some ideas and I would welcome more or feedback on these:
- Create a multi-sig to delegate lil nouns to and vote using the multi-sig (internalize voting, reduce technical friction, but creates governance overhead for Nouns DAO).
- Invite lil noun holders to apply to be Nouns DAO delegates within lil nouns (externalize voting, place voting power in the hands of people nearest to governance decisions, but creates overhead at Nouns DAO for selecting lil noun holders).
- Create a multi-sig to delegate lil nouns to and create a structure whereby lil noun holders can govern the Nouns DAO lil nouns using gasless voting (Snapshot) (externalize voting, democratize governance by reducing the cost of voting, no governance overhead for Nouns DAO).