►
From YouTube: DXdao Community Call [2021-06-03]
Description
No description was provided for this meeting.
If this is YOUR meeting, an easy way to fix this is to add a description to your video, wherever mtngs.io found it (probably YouTube).
A
Hey
everyone
welcome
to
the
june
3rd
2021
community
call.
This
is
keenan,
we'll
be
doing
more
of
an
update,
focused
agenda
today,
focusing
on
a
couple
of
the
topics
we
spoke
of,
the
last
few
community
calls
and
yeah.
Let's
just
get
right
into
it,
starting
with
the
swapper
beta,
we'll
do
a
little
recap
and
timeline
set.
If
you
want
to
pick
that
off.
B
Let's
do
it
so
basically
every
everything's
everything's
done
and
we
are
actually
we're
actually
done
with
everything
and
there's
no
coding,
no,
no
design,
no
reviews,
but
we
still
in
the
like
last
phase
of
internal
testing
and
we're
waiting
for
a
proposal.
B
We
don't
need
to
wait
for
it,
but
but
I
would
say,
there's
a
proposal
that
needs
to
be
go
through.
I
think,
last
time
I
talked
with
federico,
but
we
could
do
the
release
this
week.
B
I
hate
saying
dates
because
I
said
dates
before,
but
I
would
say
this
week,
most
most
probably
100
almost
but
so
yeah
that's
should
I
explain
a
little
bit
what
we
call
releases
and
what
is
a
launch,
because
at
least
now
it's
not
not
like
other
projects
where
we
you
release
like
is
someone
echoing
or
someone
is
a
goose.
I
think
your
mic
is
acting
up.
C
B
I'll
try
to
explain
this.
Okay,
I
think
it's
it's
good
that
I'm
explaining
this,
because
I'm
not
as
technical
as
other
people
here
and
it
is
a
bit
different.
So
basically,
when
we
launch
something,
it's
not
us
deploying
not
deploying
the
audio
called
the
it's,
not
us
deploying
the
code.
So
so
I'm
gonna
try
to
explain
it
easily
here.
So
when
we
release
so
let's
say
here
we're
releasing
swapper
beta.
B
So
basically
that
we
would
do
like
two,
two
or
three
announcement.
The
first
announcement
would
be.
The
code
is
done.
Second
announcement
will
be.
There
is
a
a
proposal
out
on
on
deploying
the
code
in
onto
our
sorry,
deploying
the
code
into
our
domain
and
the
third
announcement
will
be
the
code
is
live
or
it's
deployed.
B
D
I
would
just
add
to
that
like
what
this
enables
is
that
the
developers
are
not
necessarily
the
ones
deploying
the
code
for
dx
now
they're
doing
the
work
in
all
cases
right
and
they're
getting
paid
for
that.
But
then
it's
you
know
wide
open
for
the
the
external
community
to
actually
do
the
deployment
and
I
think,
that's
important
because
it
makes
the
organization
like
more
robust
and
more
resilient.
B
B
If
you
guys
remember
like
they
said
the
code
is
done,
they
had
the
code
on
github
and
someone
deployed
deployed
it
and,
and
their
token
was
launched
or
something
like
that,
and
they
said
someone
from
the
community
did
it
right
and
most
probably
they
did
this
to
cover
themselves
like
from
any
legal
things
that
that
might
happen
or
whatever,
like
just
developers,
not
wanting
to
be
the
person
behind
the
deployment
we
seen
this
with
tornado
when
they
launched.
B
So
I
would
say
we
will
see
more
more
more
deployments
like
this
from
other
projects,
I
would
say,
and
dick
style
might
like
want
to
look
into
to-
maybe
I
don't
know
have
a
system
for
this
in
the
future.
D
Yeah
another
interesting
example
is
tornado
cache
and
I
think
a
potential
like
model
for
this
in
the
future
could
be
that
developers
basically
set
up
a
system
where
a
vote
from
dxdow
can
do
the
deployment.
We
actually
did
something
like
that.
We
have
done
that
on
a
couple
of
projects,
but
it
would
be
interesting
to
have
that
be
sort
of
the
normal
template
where,
like
the
vote,
actually
does
the
deployment.
B
Yeah,
so
if,
if
we
talk
about
timeline,
correct
me,
if
I'm
wrong
here
so
the
release
is
just
us
saying
the
code
is
done,
someone
creating
a
proposal
to
deploy
it
on
our
domain
will
take
four
days
if
the
proposal
is
boosted.
So
we
we're
talking
about
the
launch
for
next
week
if,
if
rep
holders
vote
for
it
and
we'll
have
a
date
when
the
proposal
is
up.
E
So
another
cool
thing
is
that
if
they
are
actually
community
members
who
are
observing
the
development
process
and
yeah
see
that
there
was
a
release,
they
can
actually
earn
quite
some
nice
reputation
if
they
actually
update
the
content
hash
for
the
product
with
the
new
release.
E
So
that,
like
we,
actually
have
incentives
in
place
which
are
built
into
the
dxr
governance
system
to
reward
people
who
are
actually
like
updating
the.
F
F
A
I
have
a
couple
slightly
unrelated
questions
for
swapper
beta
that
were
left
with
me.
First
would
be:
do
you
think
eco
routing
could
have
an
adverse
effect
of
driving
volume
to
other
amms,
and
is
there
a
strategy
to
counter
this.
B
D
Yeah,
so
the
short
answer
is
yes:
really,
because
you
are
giving
people
access
to
the
best
liquidity
if
that's
on
another
exchange
and
they'll
go
with
that
most
likely
right.
So
it's
very
possible
that
you're
driving
liquidity
to
other
exchanges-
and
I
think.
D
See
what
has
happened
in
the
past
week
with
honey,
swap
they
actually
incorporated
eco
routing
into
their
latest
release
of
honey
swap,
and
they
also
launched
farming.
So
that's
I
mean
that's,
adding
probably
having
a
bigger
effect,
but
when
they
had
first
launched
the
the
new
eco-running
feature
in
honey
swap
and
right
before
that,
you
can
see
it
more
clearly
before
they
launched
the
farming.
D
The
west
dye
pool
on
swapper
was
getting
like
proportionally
like
higher
volumes,
and
it
was
a
bigger
pool.
At
that
point,
it
was
like
twice
the
size
of
honey
swap
and
so
like
the
fees
that
were
being
earned
on
swapper,
like
after
they
launched
the
eco
routing,
were
better
right.
D
So
it's
interesting
because
they've
they've,
basically
forked
that
feature
from
swapper,
but
it
was
helping
swapper
because
where
we
had
deeper
liquidity
like
the
honey
swap
users
were
getting
driven
there,
but
I
would
say
like
more
generally
why
eco
writing
is
a
good
approach
and
I'm
certainly
in
favor
of
it
is
in
in
the
end,
like.
I
think.
The
most
important
thing
here
is
the
user
right
like
having
the
user
like
using.
D
All
follows
from
that,
and
you
can
see
just
how
dominant
uniswap
is
from
like
a
branding
and
user
perspective,
but
just
like
looking
at
the
gas
consumption
of
the
unison
predator,
it's
it's
like
20
times
the
consumption
of
of
sushi
swap
and
that
kind
of
implies
that
it's
the
users
that
are
because
the
router
always
gets
used
when
you're
using
the
ui
arbitrage
bots
can
go
straight
to
the
pairs
and
kind
of
bypass
the
router.
D
So
when
you
see
that
the
router
gas
consumption
is
just
like
that,
much
higher
on
you
as
well,
that
is
it's
basically
just
correlating
to
the
fact
that
there's
many
more
users
doing
like
smaller
trades
like
they
basically
are,
are
like
the
dominant
exchange
from
the
the
user
standpoint,
and
I
think
in
the
long
term.
That's
what
we're
after
and
that's
what
drives
value.
B
100
degree
and
to
add
to
that
just
not
forgetting
like
we,
we
are
late
to
the
game,
we're
not
late
to
to
having
the
idea,
because
the
idea
was
brought
from
you,
john,
like
really
really
early
of
of
forking
uniform,
but
we
are
late
to
the
game
somehow,
and
we
kind
of
launching
now
when,
like
l2s,
are
super
super
relevant
and
attacking
not
only
one
market
but
like
three
four
networks
at
the
same
time
will
make
a
product
pretty
much
dead.
B
If
we
don't
have
the
router
right,
we
can't
try
to
dominate
all
the
pools
at
the
same
time,
on
all
the
networks,
I
would
say
I
would
say
we
will
try
to
like
instead
of
pinpoint
exact
pools,
we
want
and
then
then
do
farming
on
them
do
incentives
on
them
and
that
that's
enough
for
us.
We
don't
need
to
be
number
one
number
two
number
three.
We
could
be
number
four.
I
think
most
people
here
would
be
happy
being
number
four.
B
D
I
would
say
strategically
too
for
swapper
right,
like
I
don't
personally
think
of
it
as
like,
going
head
to
head
with
unit
swap,
I
think,
what's
important
for
dx
now.
Is
that
there's
this
ecosystem
of
products
and
kind
of
at
the
core
of
all
of
d5
is
exchange
and
where
amms
are
become
kind
of
the
dominant
form
of
on-chain
exchange.
D
I
think
it's
just
becomes
this
revenue
work
horse
for
the
dx
now
product
ecosystem
right
so
like
if
mesa
launches
and
is
driving,
you
know
token
sales
through
its
platform
and
then
tying
that
into
swapper
liquidity.
That's
like
reinforcing
revenue
generation
for
dx
dow,
and
I
mean
I
think,
is
you
know
something
similar
with
with
omen,
although
we
don't
really
have
that
deep
of
an
integration
at
this
point
and
basically
anything
that
the
style
would
do
to
the
future,
like
many
of
that,
these
ideas
and
products
like
integrate
or
like
tie
into
amm
liquidity.
D
A
Awesome
thanks
guys
one
more
swapper
beta
related
question.
I
guess
this
is
a
bit
off
topic.
Anonymous
asks
will
swappers
still
be
launching
on
arbetrim
when
it
launches
and
is
the
swapper
token
still
planned
for
the
launch.
B
G
D
And
I
promise
all
of
these
end
user,
so
you
know
I
expect
they
can
indicate
it
would
take
them
at
least
a
week
to
get
through
the
backlog,
and
then
that's
another
two
weeks.
So
you
know
we're
looking
at,
like
you
know
not.
The
start,
like
two
weeks
from
monday,
is
probably
the
earliest
date
that
archer
one
would
go
live
for
the
end
user.
D
Launch,
but
I
mean
I
yeah,
I
just
wouldn't
surprise
me
if
it
slipped
in
with
some
sometime
in
july
would
maybe
be
like.
B
It
would
make
sense
also
they
already
announced
etherscan
on
arbitrary
that
will
be
launched
on
july
2..
So
they're,
probably
not
wanting
to
to
have
the
users,
not
have
the
scan
for
that
long.
So
if,
if
it
gets
released
before
that,
it
would
probably
be
just
like
in
the
end
of
june,
but
that's
just
speculation,
but
we
already,
we
prepared
swapper
and
akus
have
been
working
on
dx
vote,
so
so
it
can
work
with
the
arbor
trim.
So
we
can
launch
it
via
the
dao.
D
Yeah
desto
needs
its
governance
base
on
the
chain
right
to
be
operational
for
those
who
might
be
new
to
that
concept.
So
that's
that's
the
idea.
With
the
dx
vote.
It's
a
a
new
iteration
on
the
governance
platform
based
on
the
dao
stack
platform
we
have
today
and
the
idea
is
to
yeah
use
it
on
arbitrary.
Potentially,
I
think
the
first
time
we'll
be
using
textbook,
maybe
we'll
get
something
up
and
running
on
next
day
in
parallel
or
earlier,
but
it
could
be
the
first
use
of
of
the.
A
Expo
perfect
thanks
guys
moving
on
to
a
similar
topic,
the
swapper
farming
campaign.
Looking
for
a
brief
update
time,
conscious
on
that,
maybe
chris
you
have
some
information.
C
Sure
yeah
just
a
brief
update,
because
it
kind
of
falls
in
with
what
set
was
saying
about
the
beta
release.
So
there's
been
discussion
about
launching
a
farming
campaign
to
coincide
with
the
launch
and
the
consensus
on
the
last
governance
discussion
was
to
go
forward
with
the
xdi
campaign
that
you
can
see
at
the
top
here
and
really.
C
The
the
goal
is
is
kind
of
two-fold
here:
one
is
to
help
grow,
dxd
liquidity,
which
is
actually
very
low
right
now,
we'll
get
to
the
buyback
later
and
then
second
really
feature
farming
as
a
as
a
tool
and
on
swapper
and
try
to
encourage
other
products
to
to
use
that.
So
the
only
hold
up
for
the
xdi
campaign
is
actually
the
dxd
from
the
buyback.
C
So
there
is
a
proposal
up
to
withdraw
the
some
acquired
dxd
from
the
buyback
and
return
that
to
the
xdxdow
treasury
and
then
once
that's
in
there.
We
can
begin
the
proposal
process
for
this.
I
know
that
there
was
some
concern
about
like
incentivizing
liquidity
at
these
levels,
and
I
I
think
those
are
are
good
points
and
I
do
think
this
doesn't.
This
is
in
conjunction
with
the
buyback
program
we
already
have.
C
Lots
of
the
proposals
are
out
there
beginning
on
that,
but
I
do
think
that
this
is
a
pretty
targeted
and
small
campaign
really
focused
on
just
building
some
base
liquidity
and
featuring
the
platform.
So
I
think,
and
also
given
that
it's
relative
short
time
frame-
apologies
for
the
new
york
sound
but
yeah
given
given.
Given
that
the
targets,
the
small
target
liquidity
and
the
farming
campaign,
I
mean
the
amount
of
time.
C
I
think
this
is
a
good
way
of
featuring
that
and
also
helping
to
build
some
liquidity
for
dxd
which,
as
we
may
get
to
later
discussion
on
maybe
doing
the
buy
back
through
swapper
itself.
But
in
order
to
do
that,
there
will
need
to
be
more
dxd.
Liquidity
still
need
to
work
on
the
mainnet
farming
campaign,
because
we
need
to
do
the
the
buyback
there,
but
I
think
the
consensus
is
to
go
forward
with
the
xdi
campaign
when
that
release,
when
swapper
beta
release
goes
live.
A
Awesome
thanks
chris,
I
did
have
one
question:
maybe
a
bit
wider
of
focus,
honey
swamp,
has
launched
farming
and
has
seen
considerable
gain
in
pool
size.
Does
swapper
have
a
plan
to
counter
this.
B
We're
talking
about
x-time
now
or
what
we're
talking
about
like
in
general,
I
would
say
like
we're,
not
countering
honey,
swap
we
have
our
own
road
map,
we
have
our
own
features
and
and
what
we
want
to
do
so
we
will
have
farming
on
not
one
chain
on
different
chains,
we'll
do
it
on
our
bedroom
on
mainnet
and
on
on
xdi.
B
The
focus
short
term
will
be
making
a
some
farming
incentives
for
mainnet
for
dxd
pair
and
when
we
release
arbitrary,
we'll
go
more
like
widely
on
on
different
other
tokens.
They're
not
like,
but
not
relevant
to
to
deak
style
and
and
the
reward
token
would
be
like
swapper
token,
instead
of
giving
out
dxe.
B
So
the
counter
would
be
yeah
the
swapper
token
release
and
us
doing
a
wider
campaign
on
on
arbitrary.
B
I
mean,
let's
ask
the
same
question
to
the
other,
like
you
can
only
focus
on
one
like.
If
we
use
the
word
focus,
can
you
focus
on
both
x,
I
n
and
arbitrarily
I
would
say
the
word
focus
is
lost.
If
you
do
both
we
will
still
do
x
die,
but
we,
I
don't
think
we
need.
We
want
to
lose
the
opportunity
on
our
bedroom.
A
Perfect
yeah
cool
anything
else
on
the
swapper
farming
campaign.
A
All
right
moving
right
along,
I
think
skies
here,
just
looking
for
a
quick
update
on
the
omen
market,
competition
and
what's
the
deal
with
the
100
entry
limit.
H
Yeah
thanks
kenan
so
the
omen
market
sourcing
competition
that
was
a
way
for
the
community
to
enter
different
interesting
markets
to
omen
was
quite
successful.
There
there
was
a
prize
pool.
There
is
a
prize
full
of
ten
thousand
x
die
and
and
five
thousand
rep
to
be
distributed
to
the
top
10
winners,
and
there
were
about
160
entries,
and
there
is
a
slight
hiccup
with
the
ui
of
of
alchemy
competition
scheme,
where
the
current
we've
now
closed.
H
The
entry
period,
which
was
a
10
day
period
and
we've
gone
into
the
voting
period.
But
the
current
alchemy
system
is
only
showing
a
hundred
of
the
of
the
market
submissions
instead
of
all
160
and
we're
working
with
the
where
the
the
dow
stack
team
is
aware
of
this
issue
and
they've
been
looking
into
how
to
correct
it
and
hopefully
can
get
all
160
markets
showing
there.
We
do
have
a
like
a
backup
we're
able
to
run
a
query.
H
So
we
have
like
a
spreadsheet
that
has
all
the
markets,
and
it
may
come
down
to
sharing
that
manually
and
allowing
everyone
to
like
see
all
the
different
markets.
But
the
actual
competition
scheme
on
alchemy
is
a
little
bit
of
a
of
a
problem
right
now.
Hopefully
we
can
get
it
sorted
and
and
then
get
it
sorted
in
the
next
day
or
two,
and
so
that
would
allow
rep
holders
to
come
in
and
vote
on
x
die
on
dx
dallas
base
to
pick
the
10
most
relevant
markets.
H
That
would
win
the
competition,
and
so
all
rep
holders
have
the
ability
to
vote
on
to
choose
10
of
the
markets,
and
the
total
rep
of
like
the
top
10
will
will
end
up
being
the
prize
winners
and
those
markets
will
get
funded
and
created
on
on
omen
as
well,
and
so
yeah
dx
dow
is
is
allocating
funds
already
so
that
there
can
be
capital
available
to
create
and
fund
those
markets,
but
keep
keep
watching.
H
Maybe
the
omen
the
omen
key
base
channel
for
hopefully
when
this
gets
sorted
out
and
if
it
doesn't
get
sorted
out,
we'll
have
to
figure
out
a
way
to
like
make
this
vote
as
fair
as
possible
and
and
get
the
appropriate
winnings
to
like
the
market
creator.
The
the
market,
entry
wallets,
but
yeah,
that's
that's
kind
of
a
summary
of
where
it's
at
right.
Now,
hopefully,
we
can
get
the
scheme
sorted
out
and
then
move
forward,
but
we
have
about
a.
H
A
Awesome
thanks
sky.
I
got
one
question
here
from
kobe
asking:
what
happens
if
no
one
votes,
I
don't
think,
that's
necessarily
a
possibility.
I
guess
they're
just
curious
into
the
logistics
of
how
that
would
work.
H
If
yeah,
if
no
one
votes,
then
rep
holders,
so
this
is
this-
is
rep
holders
on
x,
the
x
dx
dial
base
on
xdi,
which
is
a
map
like
was
a
mapping
and
now
has
a
slight
divergence
from
like
rep
holders
on
mainnet.
But
it's
the
duty
and
responsibility
of
rep
holders
to
to
actually
vote
on
this
competition
and
if
no
one
votes
that
would
be
a
problem
for
dx
dao
as
a
as
a
community
in
general.
So
I
don't
expect
that
to
happen
and
and
I'm
pretty
sure
that
it
won't
happen.
A
Cool,
I
see
there's
a
lot
of
discussion
on
the
the
buybacks,
so
why
don't
we
move
ahead
in
the
schedule?
A
bit
here?
We're
gonna
we'll
have
a
let's
do
a
quick
update
on
the
dxd
buyback
chris.
C
Yeah,
no
I'm
like
just
gonna
press
return
on
this
half
half
thought
discussion,
yeah,
so
buyback
orders
actually.
Can
I
share
my
screen
or
yeah.
C
Okay,
so
this
is
a
spreadsheet
I
linked
to
this
in
the
link
to
this
in
the
market.
Chatter
thread
in
discord,
so
this
is
just
kind
of
a
an
update
of
the
buyback
program.
So
far,
so
there
have
been
five
proposals
executed.
C
There
are
two
currently
in
the
queue
set
to
pass
in
the
in
the
coming
days,
and
you
can
see
here
the
status
so
far,
there's
been
279
dxd
acquire
which
about
85,
000,
85
000
dollars,
and
you
can
see
here
how
the
orders
have
been
filled.
So
just
a
reminder
how
the
buyback
orders
are
placed.
C
So
these
are
orders
placed
on
the
nose
on
gnosis
protocol
on
xdi
and
they
are
taking
a
price
2.5
percent
above
the
price
on
swapper,
the
dxd
weath
pool
on
swapper,
and
so
the
orders
are
placed
there,
but
it's
up
to
investors
or
traders
to
come
in
and
actually
either
fill
those
orders
arbit
away
or
maybe,
if
someone
is
looking
to
exit
and
getting
some
liquidity,
they
can
do
it
themselves.
So
you
can
see
we
had
two
orders
that
were
filled
completely
and
then
the
current
order
is
at
39.5
percent.
C
There's.
Actually,
a
pretty
large
or
I
don't
know
how
chris.
D
C
D
A
I'm
I'm
not
seeing
it
myself
just
quickly
for
anyone
that
might
be
unfamiliar
with
discord.
You'll
have
to
manually
opt
into
chris's
stream,
it'll
be
on
the
left
in
the
voice
channel,
but
I'm
not
seeing
any
flickering
on
my
end.
C
Okay,
that's
good
hurry
up
flickering,
it's
like
winking
at
you,
yeah
and
just
I
was
gonna
say
so
that
actually
there's
currently
a
still,
I
guess,
like
a
nine
west,
buy
order
at
point
one
one:
eight
one
dxd
west
and
the
current
price
on
swapper
on
xdi
is
point
one
one
one
and
I
think
uniswap
is
like
0.112,
so
the
current
buy
order
is
above
the
market
price,
pretty
everywhere
I'll.
Stop
sharing
my
screen.
If
that's.
C
But
yeah
so
and
there's
some
discussion
just
to
kind
of
set
that
frame
the
discussion
here.
So
obviously
this
relates
to
a
lot
of
different
things
with
swapper
and
launching
a
farming
campaign
and
some
concern
about
incentivizing
liquidity
at
these
levels.
While
we're
trying
to
do
the
buyback.
You
know
it
is
a
little
bit
of
a
kind
of
monetary
experiment
in
the
sense
that
we
are
acquiring
dxd
from
the
open
market
and
then
actually
issuing
it
and
distributing
it
out
in
a
farming
campaign.
C
But
I
think
that
is
all
part
of
a
way
of
kind
of
like
trying
to
jumpstart
the
dxd
liquidity.
Some
of
the
questions
in
yesterday's
governance
discussion
were
around
one,
the
the
slippage,
tolerance
so
right
now
it's
2.5
percent.
So
that
means
that
the
the
limit
order
is
placed
at
2.5
above
the
market
above
the
dxd
west
pool
and
whether
we
should
increase
that
to
a
more
attractive
slippage.
C
And
then
second
is
whether
or
not
the
buyback
should
be
continued
to
be
executed
on
gnosis
protocol
or
whether
we
can
try
to
do
that
directly
on
swapper
and
be
a
bit
more
active
in
this.
So
yeah.
C
Just
curiously
hear
people's
thoughts,
and
then
I
guess
just
on
the
the
the
main
net,
so
there's
not
been
a
millionaire
proposal,
yet
I
I
just
submitted
another
or
something
another
xdi
one
today,
so
I
could
probably
do
you
could
do
a
maintenance
one
after
I
think
there's
been
some
concern
about
accessing
that
liquidity
itself,
because
it
is
pretty
gas
intensive
to
get
to
the
gnosis
protocol
there.
C
So
I
think
the
thought
was
hoping
to
increase
the
trading
volume
of
dxd
so
that
the
buyback
order
that's
on
mainnet,
could
be
larger
and
then
justify
some
of
the
higher
gas
costs.
It
would
be
to
access
that
order.
Interestingly,
the
actual
the
volume
of
dxd
is
actually
not
has
actually
gone
down
over
the
last
two
weeks,
so
we
have
not
yet
been
able
to
increase
that
that
volume.
C
So
the
concern
is
that
that
we,
that
we
wouldn't
have
a
large
enough
order
on
mainnet
to
justify
the
cost
of
going
into
notices
protocol.
But
I
think
we
should
we
should
move
forward
in
the
with
the
mainnet
proposal,
regardless.
A
F
Hi
guys,
so
you
know,
there's
some
discussion
about,
you
know
increasing
liquidity
and
that
you
know
this
will
increase
the
arbitrage
opportunity
between
the
main
net
and
x
dive
see.
I
think
this
is
you
know
we're
not
thinking
about
this
properly,
because
the
thing
is
as
soon
as
like
the
buyback
starts
on
mainnet
as
well
like
the
arbitrage
opportunity
is.
Is
it
really
should
shouldn't
exist
anymore?
F
Because
the
reason
is
that
you
are
placing
limit
orders
on
mainnet
and
you're,
also
placing
limited
orders
on
x-style
like
after
a
few
buybacks,
like
the
limit
orders
that
you'll
be
placing
on
both
mainnet
and
exeter
will
be
at
essentially
the
same
levels.
So
you
know
increasing
dxd.
Liquidity
is
essentially
irrelevant,
like
how
you
should
think
about.
This.
Is
that
you
know
we
we
are
increasing
the
the
bywards,
let's
say
slowly,
two
and
a
half
percent
above
the
market
price.
F
Each
time
right,
essentially,
you
are
just
like
walking
the
price
up
slowly
over
time
like
two
and
a
half
percent
each
time
really
like.
Unless
some
entity
comes
in
and
really
realizes
that
you
know,
we
are
doing
a
buyback
and
starts
aggressively
market
buying,
dxd
like
what
the
buyback
will
look
like
is
just
that
with
every
buyback.
The
price
just
goes
up
two
and
a
half
percent,
and
it
will
do
so
on
mainnet
and
extra.
F
At
the
same
time,
I,
like,
I
think
this
this
whole
thinking
about
like
increasing
liquidity,
and
you
know
that
will
contribute
to
arbitrage
opportunities
actually
in
reality
like
there
will
be
no
arbitrage
opportunities
once
the
buybacks
occur
on
both
mainnet
and
xdi.
E
I
F
There
is
actually
setting
yes,
so
there
is
an
arbitrage
opportunity
now,
but
that
that
only
exists
because
we
we're
not
even
doing
a
buyback
on
mainnet.
That's
why
the
arbitrage
opportunity
exists
once
you
start
the
up:
the
buyback
on
mainnet.
It's
still
it's
the
same
thing
two
and
a
half
percent
above
the
market
price
on
maintenance.
So
if
you're
doing
two
and
a
half
percent
above
the
market
price
on
mainnet
and
two
and
a
half
percent
above
the
market
price
on
x-style,
where
is
the
arbitrage?
There
is
none.
D
Right
so
I
think
maybe
we're
talking
about
different
things
with
the
arbitrage,
but
like
I'll,
just
not
use
the
word
arbitrage
but
like
when
some
of
these
limit
orders
have
been
placed.
Some
of
them
have
not
fully
executed,
and
I
think
the
reason
for
that
is
even
though
the
limit
orders
were
above
the
market
price,
and
this
was
all
the
next
time
the
slippage
on
xdi
was.
You
know
significant
enough
that
there
wasn't
much
of
an
incentive
for
people
to
fill
the
whole
like
you'd,
only
see
like
partial
filling
of
those
limit
orders
right.
F
Like
two
and
a
half
percent
is
really
no
slippage
at
all
like
if
I
were
to
buy
10
eighths
worth
of
dxd
right
now
through
one
inch,
you
know
the
flippage.
There
is
five
percent,
I
think
already
like
you
know.
I
think
this
is
really
short-term
thinking
that
we
have
to
rely
on
arbitrage
to
kind
of
get
our
dxd
really
as
soon
as
like
the
main
net
buyback
starts
like
we
would
like.
F
D
F
Have
to
worry
about
arbitrage,
you
know.
D
F
Because,
like
you
know
really,
the
aim
of
this
buyback
is
to
just
slowly
walk
up
the
price
right.
We
we,
the
most
extreme
example,
is
us
we
immediately
start
buying
at
0.3
each
and
then
you
know,
people
just
start
selling
to
us,
but
the
way
that
we
are
doing
it
now
is
that
you
know
by
slowly
walking
up
the
price.
We
are
making
sure
that
people
sell
at
the
price
that
they're
willing
to
sell.
F
That's
the
whole
that
that
is
in
my
mind
what
the
whole
aim
of
this
buyback
is,
and
I
don't
think
arbitrage
will
ultimately
play
and
a
major
part
in
in
this
buyback,
and
so
I
I
want
to
go
back
to
an
example.
You
know
of
something
that
happened
today
like
in
market
chatter.
You
know
people
someone
said
mango
said
another
top
holder
sold
500
just
now,
and
you
know
I
had
a
look
and
they
actually
sold
a
thousand,
so
they
sold
a
thousand
dxd.
F
Now,
I'm
going
to
put
my
hand
up
and
say
they
sold
into
me,
and
that
was
my
limit
order
on
mainnet
at
like
0.105
8..
F
So
my
point
is
like
what
you
know
as
soon
as
you
place
that
liquidity
in
term
in
in
a
limit
order
on
mainnet
people
will
just
be
selling
on
mainnet
and
the
arbitrage
will
come
when
people
realize.
Oh,
the
limit
order
on
mainnet
is
gone.
Now,
I'm
going
to
you
know,
start
filling
on
excite
right,
that's
kind
of
what
will
happen.
I
I
really
don't
think
that
people
will
be
going.
C
Events
yeah
on
the
on
kind
of
the
mainnet
x
die,
so
the
limit
order
would
only
be
able
to
be
placed
on
gnosis
protocol
on
mainnet
and
actually
accessing
gnosis
protocol
is,
you
could
argue,
it
is
a
little
bit
of
a
side
chain
because
you
actually
do
have
to
deposit
into
the
protocol
itself
and,
of
course,
gnosis
protocol
is
not
connected
to
any
of
the
aggregators.
C
So
I
think
the
problem
is
that,
like
we
don't,
there
is
like
some
kind
of
disconnect
between
the
unit
swap
balancer,
even
like
swapper
mainnet
liquidity
that
is
kind
of
very
well
integrated
in
gnosis
protocol,
where
the
orders
would
be
placed,
and
so
I
think
I
think
that's
that's
one
of
the
concerns.
C
I
think
there
is
a
desire-
maybe
I
don't
know
if
it's
right
or
wrong-
to
speed
this
up
a
little
bit
and
kind
of
move
this
along
as
it's
gone
too
slowly,
and
I
think
that's
where
some
of
the
some
of
the
recent
kind
of
conversation
has.
I
do
think
we
really
want
to
build
things
like
you.
Putting
a
0.105
buy
order
on
mainnet,
because
you
know
like
dx,
dow
is
going
to
be
committed
to
buying,
like
you
know,
2.5
percent
in
the
future.
C
So
in
a
lot
of
ways,
I
think
we
want
to
be
able
to
like
encourage
other
members
of
the
community
other
members
of
like
not
even
within
the
dxdow
community,
to
like
buy
into
this,
and
so
when
they
see
a
big
sell
order
be
like
boom.
I'm
gonna
go
like
put
limit
orders
of
my
own,
so
I
think
that's
kind
of
part
of
it
in
general
is
inspiring
confidence,
but
I,
I
think
you're
you're
right
with
the
main
discussion,
but
I
think
that
it's
a
little
bit
trickier
because
we
are
using
protocol.
C
F
Okay,
so
yeah,
I
mean
I'll
touch
on
both
those
points
yeah.
So
the
first
point
was
that
it
is
on
nurses,
protocol,
so
yeah
I
do
get
that
yeah,
like
you,
said
it's
not
on
aggregators
you're
right.
This
is
probably
where
you
know
someone
like
myself.
I
do
encourage
the
rest
of
the
community
to
also
you
know,
help
participate
because
yeah
like
for
me.
It
is
really
just
like.
Let's
say,
nurse's
protocol
is
at
point
one
two.
It
is
literally.
F
I
guess
me
putting
a
limit
order
at
point,
one
one,
five
on
one
inch
right,
which
then
I
think
that
puts
my
limit
order
on
zero
x,
getting
filled,
and
then
you
know
selling
it
to
the
dow.
So
you
know
the
the
arbitrage
would
kind
of
you
know,
work
that
way
like
with
limit
orders
and
are
being
other
limit
orders.
I
still
you
know,
disagree
with
the
fact
that
you
know
people
will
be
using
market
orders
to
arbitrage.
F
On
your
second
point
about
the
speed
of
this
buyback.
Now
you
know,
personally,
you
know
if
we
disregard
the
swapper
kind
of
liquid
liquidity
event,
then
you
know
I
have
no
issues
with
the
speed
of
the
buyback
right
now
because
I
think
in
reality
like,
if
we
are
talking
about
maximizing
the
profits
to
the
dow,
the
slower
the
better.
F
But
since
you
know
we
do
have
this
event
that
is
coming
up.
I
think
the
priority
is
that
getting
dxde
closer
to
fair
value
is
more
important
than
the
speed
of
the
buyback.
So
then,
in
that
case
we
may
you
know,
want
to
think
about
speeding
it
up,
but
you
know
excluding
swapper,
I'm
perfectly
fine
with
how
the
speed
of
the
buyback
is
right.
Now.
D
F
Early
in
the
week
as
well,
you
know-
I
think
it
is
the
discussion
at
the
time
was
that
there
were
two
points.
Oh
sorry,
actually
it
was
someone,
someone
wrote
something
on
dell
talk
right
about
having
metrics
about
the
buybacks,
so
they
wrote
examples
of
goals.
We
expect
to
buy
back
at
least
k
dxd
from
the
market,
or
we
expect
to
raise
the
price
of
dxd
to
greater
than
0.15.
F
Actually,
I
think
those
are
conflicting
goals.
So
really
you
know
really.
I
think
I
think
our
success
should
just
be
measured
in
what
percentage
of
our
limit
orders
are
being
hit.
That
yeah.
That's
probably
what
my
measure
of
success
would
look.
F
Yeah
yeah,
I
would
want
more
or
all
of
the
limit
orders
to
get
filled
and
as
soon
as
none
of
the
limit
orders
are
getting
filled,
that
means
our
buyback
is
too
slow
and
we
need
to
increase
the
pace
of
it.
So
again,
let
me
look
at
this
table
that.
D
F
Help
them
yeah
those
limit
orders
right
now
that
are
not
getting
filled
to
me.
That
is
a
failure,
and
you
know
possibly
we
are
moving
too
slowly
but
again,
like
the
buyback
is
still
slightly
early.
If
we
see
you
know
more
and
more
of
these
limit
orders
just
not
getting
filled,
then
I
think
that
is
an
indication
to
us
that
we,
we
should
be
a
little
bit
more
aggressive
in
how
we
are
moving
the
prices
up.
D
F
Sure
yeah,
I
I
think
actually
increasing
the
the
duration
of
lima
orders,
would
be
good.
It
would
be
nice
to
see
an
order
book.
You
know
that
doesn't
just
have
one
bid
in
it
which
we
are
seeing
on
x,
die
right
now.
You
know
if
we
have
two
or
three
bids
sitting
there,
that
would
look
better
as
well.
D
F
I'm
pretty
against
that.
I
think
because
I
yeah,
I
definitely
don't
like
slippage.
You
know
in
depths
limit.
Orders
are
definitely
the
most
efficient
way
to
do
this.
Two
and
a
half
percent.
You
know
right
now
does
look,
I
say
so.
I
guess
here's
the
thing
like
if
we
were
to
mark
it
by
10
8
worth
of
dxt,
and
let
me
check
that
on
one
inch
right
now.
D
Yeah
and
while
you're
doing
that,
I
can
explain
a
little
bit
to
like
there's
some
nuance
of
this,
because
we
are
sort
of
on
like
a
time
clock
with
gnosis
protocol
like
gnosis,
wants
to
sunset
gnosis
protocol
v1,
and
you
know
they,
I
think,
are
the
main
ones
running
the
solvers.
So
it's
sort
of,
like
you
know,
within
their
power
to
turn
it
off
essentially,
and
so
at
some
point
we
well.
D
We
need
to
have
plans
basically
to
get
away
from
gnosis
protocol
v1,
and
we
were
actually
discussing
this
week
like
implementing
you
know
with
the
engineering
we
were
engineers
we
were
discussing,
implementing
like
a
relayer
which
would
buy
directly
off
of
swapper
or
or
any
uniswap
fork.
But
you
know
with
that.
D
You
end
up.
I
think
market
orders
are
really
the
only
thing
you
can
do
on
swapper.
You
can't
like
set
up
a
limit
order,
but
I
mean
we
could
also
explore
like
0x
or
something
as
an
alternative.
I
think
one
inch
is
difficult
to
do
the
amount
of
calculation
that
gets
done
by
their
front
end
like
on
the
fly.
So
it's
a
little
bit
difficult
for
us
to
do
that.
F
Okay,
so
yeah
so
with
a
1080
market,
buy
right
now
on
one
inch,
you
are
copying
5.96
percent
flippage.
Now
you
know
this
is
this
is
already
worse
than
if
we
just
put
a
limit
order.
Five
percent
above
the
last
market
price
right
and
if
we
were
to
you,
know
if
we
were
to
actually
just
put
limit
orders.
You
know
something
like
bamboo
relay.
You
know
that's
kind
of
where
you
can,
I
guess
have
limit
orders,
and
that
is
connected.
That
is
integrated.
E
Contracts
can
create
limit
orders
on
xerox.
I
think
that
stuff
is
off
chain.
I
think
the
best
option
is
still
to
sync
up
with
gnosis
about
nozzles
protocol
v2.
It's
it's
right.
Now,
it's
not
possible
that
the
dxdoll
is
putting
a
limit
order
on
gpv2.
E
They
signal
that
they
are
working
on
it
and
then
just
like
the
question
is:
when
are
they
going
to
allow
unchain
limit
order
creation
by
other
contracts?
I
know
they
are?
They
will
release
it,
but
the
question
is:
when.
F
Sure
yeah,
I
you
know,
I
probably
agree
with
you
that
we
just
stick
with
gnosis.
You
know
really
when
we
are
actually
talking
about
arbs,
like
I
you
know
it's
probably
like
a
hundred
dollars
or
150
between
you
know,
someone
putting
us
slightly.
You
know,
as
a
community
like
we
can
either
choose
to
help
the
dow
as
much
as
possible,
or
you
know
not
help
the
doubt
rate,
but
you
know
as
a
community.
F
It
really
is
in
our
best
interest
to
help
the
dow
as
much
as
possible
so
that
let's
say
there
is
a
limit
order
for
on
gnosis.
Then
I
you
know
I
will
be
probably
putting
it
like
0.118.
F
A
Great
discussion
guys
anything
else
on
that
before
we
move
on
yeah
great.
A
Awesome
just
kind
of
at
the
top
of
the
hour
here
I
want
to
do
a
quick
update
on
the
omen,
guild
and
token
tammy,
I
think,
is
on.
Maybe
we
could
get
a
quick
recap
of
the
changes
since
the
last
time
we
talked
about
it
and
the
dxd
snapshot.
For
omen.
Token,.
J
Hey
guys
so,
just
a
couple
days
ago,
the
oh
mcgill,
governance
and
token
distribution
post
was
updated
with
some
just
other
detailed
information,
no
major
changes
just
that
we
have
a
contingency
of
if
there
is
some
sort
of
use
of
mesa
for
any
type
of
exchange
of
dxd.
For
the
omen
initial
genesis
that
we
would
potentially
not
use
mesa
if
the
mvp
were
not
viable
at
the
time
of
the
initial
launch
of
omen
token,
so
that's
one
factor:
they
currently
have
a
four
percent.
J
We
have
a
four
percent
allocation
for
mesa.
That
would
then
just
be
moved
to
move
to
the
community
allocation
and
likely
the
airdrop.
Specifically
aside
from
that,
the
dxd
snapshot
is
going
to
occur
and
that's
dx,
whoever
there's
gonna
be
a
snapshot
based
off
of
for
the
omen
token
distribution
based
off
of
whoever
holds
dxd
whatever
address,
that
is,
that
holds
dxd
15
days
before
the
token
launch.
J
So
there
is
not
a
date
yet
for
the
token
launch,
but
when
there
is
an
announced
date
and
we
actually
launched
the
token,
that
would
be
the
date
that
the
the
snapshot
would
occur
and
those
address
holders
would
then
receive
the
distribution
and
a
separate
note.
There's
also
some
good
discussion
happening
from
christopher
from
1kx
about
the
allocation
to
dx
dow.
J
I'm
actually
going
to
write
a
comment
in
response
to
hopefully
get
some
more
feedback
from
dxd
holders
regarding
the
current
distribution
for
omen,
token
to
be
held
in
the
dao
and
yeah.
So
it's
an
ongoing
process,
but
that's
where
we're
kind
of
at
right
now
and
if
anyone
has
any
questions
for
any
of
the
team
or
geronimo
a
good
time
to
ask.
A
I
think
chris
is
actually
here
christopher
from
1kx,
if
you're
interested
in
maybe
shedding
some
light
on
that.
A
I
see
you've
unmuted
we're
not
hearing
you
on
our
end.
J
Well,
this
chord
sometimes
is
funny.
I
often
have
issues
with
it,
but
one
thing
christopher
did
note
is
that
he
thinks
that
the
discussion
of
the
distribution
should
merit
further
discussion,
I'm
actually
in
agreement
with
that.
So
with
that
said,
I
would
propose
that
we
don't
post
the
on-chain
proposal
for
the
end
of
the
week,
but
maybe
prolong
it
to
sometime
next
week,
depending
on,
if
there's
any
other
feedback
in
the
forum
from
dxd
holders
and.
I
Can
you
hear
me
now?
Yes,
okay,
great
yeah,
so
I
mean
first
of
all,
apologies
that
I'm
coming
here
last
minute
with
this
kind
of
like
proposal,
I
should
have
been
far
more
engaged
in
the
whole
process
like
earlier
on
so
yeah.
That's
that's
definitely
on
me,
like
my
point,
is
that
70
kind
of
like
a
as
a
pre
mine,
going
to
like
just
a
dx
d
or
like
dx
tower,
will
be
like
a
huge
deterrent
for
like
any
future
participant
or
like
future
purchaser.
I
Like
of
the
omen
token-
and
I
know
you
know
like
that,
the
speculation
aspect
is
not
really
kind
of
like
what
we
want
to
get
into,
but
I
also
see
it
as
kind
of
like
a
very
bad
signaling.
I
You
know
to
other
founders
or
like
other
people
who
want
to
basically
contribute
to
dx
tao
and
basically
want
to
spin
off
new
products
out
of
dxtowel,
and
I
can
see
them
kind
of
like
having
issues
you
know
if
seventy
percent,
you
know
it's
kind
of
like
being
perceived
as
a
blueprint
share
that
dxdow
just
keeps
for
itself
and
yeah
just
like
taking
some
examples
from
like
the
traditional
world.
I
I
You
know
where
they
basically
put
research,
an
idea
and
they
put
the
people
on
it,
and
so
I
think
it's
like
relatively
equivalent
to
like
what
we
have
been
doing
with
omen
and
with
swapper
as
well,
and
then
obviously
you
also
have
I
mean
everyone
is
probably
like
familiar
with,
like
you
know,
consensus
and
that
they
are
like
taking
like
50
of
like
the
projects
that
they
are
working
with,
and
this
has
like
actually
resulted
in
like
huge
problems
for
these
projects
in
attracting
like
any
sort
of
follow-up
funding,
and
we
are
basically
like
you
know,
taking
70
percent
here,
and
I
think
I
don't.
I
I
don't
see
like
this
amount
of
like
token
holder
civilization,
I
don't,
I
don't
see
it
necessary.
I
Yeah
I
can
share
my
comment
in
the
in
the
forum.
I
My
recommendation
would
be
to
go
for
something
like
ten
to
twenty
percent,
because
yeah
that
can
you
can.
I
B
Okay,
yeah
I'll
go
ahead,
so
is
owning
omen
actual
omen
token.
Is
it
owning
product
omen?
I
like
I'm
just
trying
to
see
like
when
it
comes
to
other
projects.
There's
no
dxd
token
right!
I'm
just
trying
to
see
the
balance
here.
So
if,
if
the
style
gets
omen
token,
does
it
give
it
more
ownership.
I
I
Well,
yeah,
I
mean
in
that
case
it
would
probably
be
completely
owned
by
dx
tower
right,
but.
I
I
Well,
you
know
the
future
of
governance
2.0,
a
mix
of
both,
I
would
say,
yeah.
B
Yeah,
but
now
like
when
we
don't
have
it
have
it
is
it
like?
Reporters
have
control
of
it,
but
they
they
don't
own.
I
mean
yeah,
the
control
is
owning,
but
dxt
token
holders
are
still
somehow
the
like.
That's
the
token
you
hold,
if
you
want
to
have
ownership
right
now,
at
least
right.
You
can't
yes,
it's
good.
So
just
when
we.
H
B
H
Yes,
sorry
just
to
clarify
so
dx
dao
itself,
like
is
the
owner
of
omen
right,
but
there
is
a
implicit
agreement
that,
like
revenue
from
the
products
that
dick
style
builds
like
omen,
goes
to
dxd
holders.
So
currently,
dxd
holders
are
the
beneficiary
of
the
revenue
of
that
comes
from
the
omen
product
right,
and
that
is,
that
is
a
social.
That's
currently
like
not
built
into
code
right,
that's
a
social
promise
of
dxdow
and
that's
the
whole
point
of
dxd
token.
H
So,
right
now,
dxd
holders
get
the
revenue
from
omen
like
a
hundred
percent
of
the
revenue
for
moment
right,
and
so,
if
you
introduce
omen
token,
which
is
this
new
dynamic,
how
do
you?
How
do
you
fairly
still
give
the
majority
or
most
of
the
benefit
of
omen
revenue
to
the
current
stakeholders
who
already
get
that
revenue
which
is
dxd
holders?
So
if
you
only
give
dxd
holders
10,
10
or
20
they're,
getting
I
mean
20
of
something
that's
huge
is
still
better
than
100
of
something
that's
small.
I
Yeah,
I
completely
agree,
and
obviously
it's
a
lot
to
give
up
if
you
currently
like
own
a
hundred
percent,
but
it
also
kind
of
like
depends
on
really
like
how
we
dx
we
speak.
Those
kind
of
like
see
ourselves.
I
personally
don't
think
you
know.
I
A
collective
is
necessarily
like
the
greatest
product
builder
and
usually
like
the
greatest
products
are
being
built
like
really
by
outstanding
kind
of
like
individuals,
and
from
that
perspective
I
would
prefer
to
give
more
independence
to
these
these
protocols,
and
with
that
comes
obviously
also,
you
know
they
actually
like
owning
a
larger
share
of
these
protocols
versus
you
know
themselves
owning
the
exhaust.
I
And
yeah
I
mean
I
think,
like
I,
I
said
it
and
also
like
in
one
of
my
the
rep
replies
there
like.
For
me,
success
of
dxdo
doesn't
mean
like
a
high
token
price
of
dxd
or
doesn't
mean,
like
you
know,
a
shitload
of
fees
being
generated
for
for
dxtowel.
I
For
me,
success
of
geek
style
mean
means
that
we
are
able
to
attract
like
the
best
talent
to
actually
work
on
dx
now
and
to
kind
of
like
launch
their
products
with
dx
tower,
and
if
we
kind
of
like
set
the
precedent
here,
you
know
that
we
are
basically
saying
okay
yeah
come
to
us
and
you
know
build
build
whatever
you
want
to
build
with
us
and
we
support
you,
but
then,
in
the
end,
we're
going
to
take
like
70
percent.
D
Yeah-
and
I
agree
that,
like
that
model
is
not
attractive
for
for
bringing
in
new
products
and
teams
and
in
the
excel
being
a
sort
of
incubator,
I
I
don't
know
if
it's
fair
to
look
at
omen
and
swapper
that
way,
because
they're
kind
of
organically
built
by
tx
style
itself,
so
I
almost
think
they're
like
two
they're
two
different
things
right
like
and
if
it
doesn't
make
sense
to
like
change
up
moment
and
swapper,
I
still
think
a
different
model
could
be
applied
to
extract
new
teams.
I
mean
the
thing
is.
I
Right
now
you
know
it's,
it's
obviously
easy
to
say
you
know:
okay
like
right
now
we
are
owning
like
100,
and
you
know
we
are
generous
in
giving
like
30
away,
but
the
thing
is
like
we
will
not.
It
will
basically
like
there's
a
very
high
likelihood,
at
least
also
like
from
what
I've
seen
so
far
in
the
space
that
just
the
amount
of
like
centralization.
I
You
know
that
the
omen
token
would
then
have
would
not
really
be
interesting
and
like
attractive
enough
to
just
let
almond
grow,
and
this
is
like
also,
what
kind
of
like
happened
to
yeah
a
lot
of
like
other
protocols.
With
I
mean
the
thing
is
kind
of
like
you
need
outside
contributors
right
and
you
need
out.
I
mean
not
just
investors,
but
also
kind
of
like
people
who
are
like
really
really
passionate
about
the
protocol,
but
that
becomes
like
much
much
harder.
You
know
when
there's
always.
You
know
like
this.
I
This
doomsday
sword,
I'm
swinging
above
you,
which
is
kind
of
like
the
dx
style
holding
70
of
the
token,
and
basically
getting
like
a
hundred
percent
of
all
the
the
the
fee
income.
D
D
I
It's
like
yes,
I
mean
that
that's
true,
but
at
the
same
time
right
we
are
basically
robbing
the
founders
of
their
independence
right.
So,
like
really
like,
ideally
right,
we
went
like
the
current,
like
leaders
of
omen
and
swapper
right.
We
can
gradually,
like
you,
know,
gift
grant
them
like
more
independence
like
with
that
comes
also.
You
know
that
they
will
be
able
to
like
negotiate.
You
know
what
is
going
to
happen
like
with
the
tokens
with
the
omen
tokens
and
like
how
they
are
going
to
sell
them.
I
They
cannot.
You
know
they
cannot
go
back
to
like
the
style
and,
basically
like
say,
hey
the
external
holders.
You
know
we
we
want
to
like
race
around.
Can
we
please
get
some
tokens
so
that
we
can
like
sell
them
to
investors?
That's
I
mean
that's.
It's
not
really
kind
of
like
encouraging.
E
Yeah,
it's
interesting
that
you
like.
We
always
saw
the
guild
structures
as
like
not
sovereign
entities,
but
rather
like
well-defined
inner
working
groups
of
the
dx
down
like
even
the
ens
domain,
will
never
transfer
the
ownership
to
the
guilds,
but
rather
dexter
will
always
own
moment.eath
which
which,
as
a
result,
will
always
make
the
goods
not
100
sovereign
in
their
product.
I
Yeah
I
mean
it's,
I
think,
there's
it's
a
process.
I
B
I
Also,
more
or
less
like
being
able
to
choose,
you
know
with
in
the
future
by
I
don't
know
what
contributing
like
invite
to
to
also
work
on
the
project.
E
E
I
Over
like
a
certain
time
horizon,
and
so
I
would
have
like
recommended
long-term
vesting
for
the
core
members
of
every
guild
anyway,.
E
Being
like
the
incubator
role,
I
think
we
just
or
like
me
myself.
It's
actually
like
pretty
difficult
to
incubate
teams,
maybe
because
we
are
not
like
really
good
in
signaling
that
we
are
able
to
incubate.
E
I
would
love
to
see
teams
actually
approaching
us
and
we
actually
having
one
big
example
of
actually
an
external
team
being
incubated
into
the
geeksdale.
That
didn't
happen
yet,
and
I
think
we
kind
of
need
to
make
sure
that
we
are
signaling
like
out
out
into
the
public
that
we
are
kind
of.
We
actually
really
want
to
incubate.
I
J
Yeah,
hopefully,
we
can,
over
the
summer,
get
that
message
out
there
more
with
ecc
and,
like
other
other
initiatives,
so
one
thing
christopher.
We
do
have,
of
course,
some
level
of
allocation
to
contributors,
specifically
based
off
of
like,
if
you're
a
part
of
the
omen
squad
and
things
like
that.
But
this
would
also
be
separate
because
the
guild
you
know
the
guild
is
going
to
be
controlled
by
a
decentralized
governance
mechanism.
J
That's
just
like
how
the
structure
of
the
guilds
work
currently
through
our
fractalization
plan,
so
even
if
just
to
clarify,
even
if
the
tokens
are
moved
into
a
kind
of
guild,
ran
treasury
through
a
vesting
period.
That
would
still
be
somewhat
decentralized.
It
would
still
be
somewhat
collective
based,
but
though
it
may
be
more
efficient
in
the
long
term,
but
it
could
be
an
interesting
option
to
look
at
and
maybe
state
that
up
front.
So
people
are
more
aware
of
how
the
allocation
will
work.
I
Maybe
that's
a
bit
too
over
engineered
right,
and
maybe
they
want
a
little
bit
more
independence
from
the
start,
but
I
think
for
for
swap
and
omen
that
makes
the
most
sense.
Yes,.
J
Yeah,
exactly
like,
I
think,
for
an
actual
incubation
project
that
came
in
it
would
be
a
completely
different
formula.
G
And
I
just
wonder
what
is
the
chance
that
this
could
actually
lead
to
something
like
you
know,
uni
v3,
which
is
not
open
source.
G
K
So
is
that
necessarily
a
bad
thing,
because
that
would
be
it
could
be
a
very
good
thing
for
retaining
value
for
the
omen
token
holders,
like
I,
I
think
the
the
unit
swap
price
went
up
a
lot
after
that,
and
it's
only
for
a
year.
So
after
a
year,
what
uniswap
said
is,
after
a
year,
it'll
be
totally
open
source,
it's
just
one
year
from
from.
What
I
remember
is
that
right.
J
Yeah,
that's
correct,
I
think
one
maybe
two,
but
I
have
to
check
again.
C
Say
unfortunately,
a
dow
cannot
hold
an
ip
license,
so
I
don't
think
that's
an
option.
I
think
geek
style
is
kind
of
open
source
by
default.
Really,
unfortunately,.
J
Not
yet
well
hold
on
so
there's
two
things
to
consider
the.
If
we
do
christopher's
suggestion
there,
you
know
it
would
be
a
completely
different
restructuring.
I
think
for
not
these
products,
but
maybe
any
new
products
that
came
in
it
would
be
more
traditional
in
approach,
but
I
think
it's
mostly
like
we
cross
that
bridge
when
it
comes
and
like
we're
doing
now.
D
A
Awesome
guys
anything
else
on
that
topic
here,
a
little
bit
over
time
now.
A
All
right
cool,
we
do
have
one
last
question
for
the
open
forum.
Obviously
the
the
windows
open,
if
there's
anything
that
hasn't
been
covered
in
a
topic
today.
If
anyone
has
any
questions,
feel
free
to
shoot
I'll
start
with
the
one
that
was
left
with
me,
what
is
the
extaud
doing
to
prepare
for
a
potential
bear
market.
D
Well,
I
think
the
most
obvious
thing
is
that
the
treasury
diversification
right
like
securing
a
decent
amount
of
runway
and
stable
coins.
I
think
it's
currently
at
seven
million
dollars
and
stable
coins.
I
don't
know
the
latest
numbers
on
the
burn
rate,
but
I
think
that's
you
know
at
least
three
years
of
runway.
I
I
personally
think
like
five
years
of
runway
would
be
a
healthy
amount
to
prepare
for
the
potential
for
a
long
like
in
a
prolonged
bear
market.
A
A
All
right
awesome,
guys,
yeah.
Thank
you
very
much
for
coming.
I
think
over
now
a
little
bit
over
time,
so
we'll
call
it
here,
no
poep
this
time,
but
we're
thinking
about
different
ways
to
kind
of
incentivize.
These
calls
and
keep
people
around.
So
thank
you
very
much
for
coming
today
and
see
you
in
two
weeks
thanks.
Everyone.