How does a single auction per day impact the DAO’s ability to grow its 
The case for multi-auction days
The advantages are many but it exposes the DAO to a potentially fatal risk. For example, Lil Nouns succeeded to increase membership by holding an auction every 15 minutes.
In less than a month since launching, more than 1,200 nouns have been minted. And that is breeding some undesired consequences so early in the process.
The only problem that seems to be growing right now at Lil Nouns is that they are having more and more trouble meeting quorum with every minted token, and they mint over 100 per day
There's a concern the treasury is going to just languish from a lack of participation, and this problem multiplies itself by the number of auctions made per day
The big advantage of having a clear CAPY Formula for the DAO's Current Annual Percentage Yield (CAPY) is that the auction total price becomes irrelevant, but with a high potential to grow over time as the DAO markets itself to more participants who, eventually, will grow the number of bids per auction, which in turn will grow the average auction size
In other words, whether we collect $250k in the month or $2.5m in the month is completely irrelevant -- our target APY is still 15% which we'll still produce by fielding the treasury by end of month
Where $2.5m might buy $1m ARR, $250k might buy $100k ARR -- and the return range would be exactly the same provided similar profit margins and dividend share
So in a way, the price of the auctions will represent a natural reflection of the value ascribed to the APY and the size of DAO member that we can attract
Where it gets interesting is if we get the first half with very low sales and the second half with very high sales, but this behaviour would only happen on launch month, and as is the case for nouns and lil nouns, the average auction bid amount will stick to a pretty tight range