# Fund Auto-Bidder for Nouns Acquisition
## TL;DR
We need **2 ETH** transferred to the Auto-Bidder smart contract to snag a third Noun, meeting the **3-Noun rule** for making proposals. The contract already has **1 ETH**, so this brings us to **3 ETH** for bidding.
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## Context
We have **2 Nouns** in the treasury but need **3** to propose under the new rules. Let’s lock in another Noun to keep our governance game strong.
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## Proposal
Add **2 ETH** from the treasury to the Auto-Bidder smart contract, which already holds **1 ETH**. That’ll give us **3 ETH** to bid strategically in Nouns auctions.
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## Rationale
- **Stay in the Game:** We need 3 Nouns to propose. Simple.
- **Smart Spending:** The Auto-Bidder will ensure we don’t overspend.
- **No Time to Waste:** Missing this window risks losing proposer status.
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## Budget
- **Amount:** 2 ETH (adding to the 1 ETH in the contract).
- **Recipient:** Auto-Bidder smart contract.
- **Purpose:** Win one more Noun.
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## Execution Plan
1. Transfer **2 ETH** to the Auto-Bidder.
2. Use the total **3 ETH** to bid in auctions.
3. Update the DAO when the Noun is secured.
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## Risks and Mitigation
- **Auction Prices:** The Auto-Bidder is programmed to avoid overpaying.
- **Budget Limits:** If 3 ETH isn’t enough, we’ll reassess and act accordingly.
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## Conclusion
We need this third Noun to keep our seat at the table. Let’s make it happen and ensure **Lil Nouns DAO** keeps thriving.
