A Nouns fork based on Harberger Taxation Model for public goods funding. As far as we know, nothing of this sort has been done yet.
This is a Nouns Fork based on Harberger Tax Model.
Under the Harberger Tax system, property owners are required to self-assess the value of their assets and pay taxes based on that value. However, the tax rate is set at a low percentage, typically around 1 or 2 percent, which is not enough to discourage property ownership or investment. Additionally, property owners are allowed to set the price they are willing to sell their property for.
A path of a tax is not only toward ownd treasury, but matching pools for quadractic fundings, results oracle for retroactive public goods funding, grants DAOs like a Aave Grants DAO, other Noulish DAOs like a Lil Nouns or Public Nouns, and other DAOs. We realize positive sum design for public goods funding. Our protocol produce positive externality to other treasury.
We just met up at Toranomon Hills, and decided that this is actually going to be a thing. Under the Harberger Tax system, property owners are required to self-assess the value of their assets and pay taxes based on that value. However, the tax rate is set at a low percentage, typically around 1 or 2 percent, which is not enough to discourage property ownership or investment. Additionally, property owners are allowed to set the price they are willing to sell their property for.
And then, as a tax system, we adapt Superfluid. Tax is not payed at it's snapshot, but always keeps been payed by using Superfluid. Taxes go not only to owned treasury, but also matching pools for quadractic fundings, results oracle for retroactive public goods funding, grants DAOs, other Noulish DAOs, and other DAOs.
The rest will be added later.