Nouns DAO has been captured.
@GlitterProtocol founder @0xdusk_eth and anon conspirators like @0xjanedoe2008 @makenounsgreatagain have finally fully taken over @nounsdao
After not voting on props for months (which has made it nearly impossible to pass proposals), they've collected enough votes to make decisions for the DAO as a small group and have all come out to vote over a new reserve auction price for Nouns at 4x higher than our daily auction.
This act will likely halt income, burn daily Nouns, prevent new buyers/voters, and help them maintain a "book value" through not passing proposals and not diluting their past buys more.
IMO this is a sad day for Nouns and I don't think there is much coming back from a move like this. Although we may have been doomed anyways from their lack of vision and ideas to actually make Nouns better besides staking eth with their friends at @mETHProtocol 🫠
cc @zachxbt