TLDR

Use the new Federation AutoBidder to acquire Nouns at auction.

AutoBidder

The Federation AutoBidder https://github.com/nounish/autobidder is a protocol for bidding on Nouns auctions.

Instead of submitting bids manually, the AutoBidder provides incentives for anyone to submit a bid on behalf of the DAO. When submitting a bid, the contract will refund the caller's gas and pay them a tip in ETH. When an auction is won, Nouns can be withdrawn and sent to the treasury.

This proposal deploys a new Nouns AutoBidder with the following settings and seeds it with 30 ETH:

• MinBid: 20 ETH
• MaxBid: 25 ETH
• Tip: 0.001 ETH
• BidWindow: 3600 seconds (can bid in last hour of auction)
• Owner: 0xd5f279ff9EB21c6D40C8f345a66f2751C4eeA1fB
• Receiver: 0xd5f279ff9EB21c6D40C8f345a66f2751C4eeA1fB

A tip of 0.5 ETH is included to cover testing, etc...

wiz