Bypassing Premium Expiry - Discussion

[alisha.eth]

@sat

The idea that the DAO can snipe names at no expense, I think is the key moral qualm.

Working groups are not the DAO. Working groups are funded by the DAO, but they are not the DAO.

@sat

It does bypass this feature.

No, it doesn’t. Names still go to auction, and everyone still has a chance to acquire the names.

@sat

This is basically an infinite money glitch for the DAO, as it doesn’t cost the DAO anything

It’s not free ad infinitum. As explained, the amount of money behind this initiative is restricted to funds that are approved by the DAO each term. There are four funding windows in a year, and funds requested for this initiative will likely be made in two of the four windows if this initiative is successful.

@sat

it still needs to feel like a cost to the DAO

It does cost the DAO something — the opportunity cost of this initiative is that the DAO misses out on registration fees from the names that are registered as part of this initiative.