Imransaeedjutt
commented
2 years ago locking nft not a bad idea but only allowing locked nft holders for vote and snapshot is not good restricting other from vote.reduction of sell pressure is not a good term as demand and supply balance should be maintained as its close to system
kkkrackpot
Opening a discussion on a ve mechanism for lobs NFTs.
Ability to lock NFTs in a vault which mints a second non transferable NFT which represents ownership of All locked lobs and duration of lock (end date). Only locked NFTs can vote and vote weight is a derivative of amount of NFTs locked and duration.
This has potential to cement and further align incentives of lobs lockers with the dao. It would also give projects that wish to snapshot based on serious dao governance participants a second option, whether to snapshot based on veNFT voting weight per address or simply LOBS holders / combination of both.
This could incentivize more serious participation in lobsterdao in gov and value add contribution as well as reduce sell pressure + available supply.
This also opens up an opportunity for the dao to propose future treasury lobs nft releases to public to create revenue stream for treasury to fund internal projects as required at potentially higher floor prices without contributing to an oversupply on market (minimizing floor price impact)