Nouns Proposal Auction House

Description

Prop House is an experimental approach to deploying capital that involves an auction of ETH where bids are proxy NounsDAO proposals. At the end of each auction, Noun owners vote on which proposal gets funded, aiming to be a trustless on-chain solution to the NounsDAO treasury's $100M+ annual run rate. It seeks to force perpetual spend to capture the supply of ideas to proliferate Nouns, while minimizing friction for builders and maintaining quality via Nouns DAO member votes.

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