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From YouTube: DXdao Community Call #2 [2021-05-06]
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A
Hey
everyone
welcome
to
the
dx
style
community
call
for
may
6
2021.
today
we're
going
to
try
a
slightly
different
format
from
our
last
call.
We're
going
to
be
doing
some
topics
followed
by
open
discussion,
which
should
hopefully
help
the
flow
a
little
bit
better,
so
yeah,
let's
get
right
into
it.
First
up
on
the
agenda
is
the
dxd
token
update.
Maybe
john
can
give
a
quick
recap
and
we
can
ask
some
questions.
B
Sure
yeah
I
made
a
post
last
weekend
kind
of
covering
some
ideas
that
have
been
floating
around
in
the
community
and
the
main
takeaways
are
replacing
the
current
bonding
curve
contract,
which
is
the
same
as
the
dxd
token
contract.
It's
the
same
contract
since
it's
really
not
being
used
these
days
after
minting
has
been
paused
and
since
the
sale
price
is
lower
than
the
market
price,
it's
not
serving
much
purpose.
It's
also,
you
know
not
yeah,
just
generally
not
being
utilized
and
there's
2499
ethers
sitting
in
the
buyback
reserve.
B
B
I
think
it
only
makes
sense
that
it
would
go
into
a
buyback
of
txd
from
the
open
market
and
basically
replace
this
mint
and
burn
model
that
the
curve
has,
with
the
buyback
reserve,
with
just
a
more
general
either
like
buy
back
and
burn
or
buy
back
in
hold,
or
it
could
be
a
blend
of
the
two
where
some
portion
is
burnt
and
some
portion
is
held.
For
you
know
future
incentive
programs
etc
the
then
the
second
part
is
to
touch
on
the
product
tokens
and
and
how
that
could
work.
B
I
think
in
in
general,
there's
kind
of
two
options.
One
is
you
know
with
token
models
you
can
do
a
mint
and
burn
or
you
can
send
fees
to
a
staking
contract
and
let
people
get
their
portion
of
the
fees
by
staking
with
the
product
tokens.
B
I
think
people
have
been
in
general
favoring
this
idea
of
using
a
staking
contract
to
distribute
the
share
of
the
protocol
fees
to
the
product
token,
and
the
way
dxd
would
benefit
from
this
and
realize
its
share
of
those
protocol
fees
would
be
either
by
you
know
the
tokens
that
dxd
dow
holds
being
in
the
staking
contract,
or
I
think
what
is,
in
my
view,
more
favorable.
B
You
know
having
these
taking
contracts,
recognized
at
the
extent
of
treasury
and
sending
the
portion
of
protocol
fees
that
belong
to
the
tokens
of
the
dx
treasury,
either
to
the
treasury
or
to
the
an
automated
buyback
system
where
they
can
be
used
to
buy
back
and
burn.
Slash
hold
txt
off
of
the
open
market.
B
A
Yeah
cool
so
yeah.
This
is
the
point
where
anyone's
welcome
to
raise
some
questions.
I
have
a
couple
on
my
end
in
the
absence
of
any
live,
so
feel
free
to
shoot
anything
on
the
new
dxd
token
model.
B
Right,
so
one
of
the
ideas
I
touch
on
in
this
post
is
how
we,
how
that
could
be
managed
right
by
dx
style,
so
in
order
to
replace
the
curve
it's
in
a
creatable
contract,
so
the
contract
would
need
to
be
changed
out,
basically
for
a
new
token
contract,
and
even
if
that
new
token
contract
is
a
standard,
you
know
pretty
simple
token
contract.
B
The
process
will
be
somewhat
involved
because
it
will,
you
know,
we'll
need
to
do
audits.
You
need
to
do
enough
testing.
Then
you're
gonna
go
through
the
voting
process,
etc
and
with
all
the
dev
resources
being
pretty
much
consumed
and
like
flat
out
working
on
the
existing
product
initiatives.
B
I
was
suggesting
that
it's
not
to
not
make
it
a
priority
to
to
replace
the
bonding
curve
contract
right
away,
but
because
there's
more
eth
in
the
dxdo
treasury,
any
kind
of
you
know
planned
incorporation
into
the
buyback
program
would
be
initiated.
You
know
as
soon
as
possible.
You
know,
as
soon
as
consensus
is
achieved
using
those
funds
with
the
you
know,
understanding
that
when
the
bonding
curve
is
replaced,
those
treasury
funds
would,
you
know,
then
be
replenished
through
those
2499
eth
that
are
being
moved
over
from
the
bonding
contract.
C
Awesome
yeah
chuck
wanted
to
say
that
an
important
thing
is
that
the
token
contract
is
going
to
be
upgraded,
which
means
that
we
have
exactly
the
same
address.
So
the
address
is
going
to
be
the
same.
Is
there
is
not
going
to
be
any
funky
migration
or
nothing
like
that?
We
just
need
to
figure
out
how
we're
going
to
upgrade
the
exiting
token
contract
and
yeah.
The
address
will
be
the
same,
which
is
very
important
because
it
can
cause
big
issues.
If
you
want
to
do
a
migration.
D
It
looks
like
vrf.
B
So
so,
to
summarize
like
the
to
get
the
2499
out,
the
that
upgrade
needs
to
be
done
to
the
contract
contract
address
stay
the
same
as
the
gusta
just
said.
Like
I
said.
I
don't
think
it
should
be
a
priority
now,
so
I
wouldn't
want
to
give
a
timeline,
but
I
think
it
could
be
used
like
at
basically
any
time
like
the
money
could
basically
be
fronted
by
the
treasury
at
any
time.
So
there's
really
nothing
blocking
the
like
implementation
of
a
buyback
that
includes
that
amount
of
funds.
B
E
It
fits
pretty
well
with
the
currently
active
proposal
to
approve
a
buyback
of,
I
think,
one
million
usd
of
txd.
E
We
could
just
like
at
like
the
the
huge
buyback
due
to
this
to
this
by
that
prop
program,
which
we
will
start
very
soon.
So
we
could
john
already
said,
use
the
east
from
the
treasury
and
don't
don't
need
to
rush
about
like
changing
the
bonding
curve
right
away
and
right,
and
I
think
it's.
E
It
fits
pretty
well
with
with
the
buyback
program,
hopefully
getting
improved
by
the
exam,
and
I
think
we
should
start
right
ahead
by
actually
using
the
eat
from
the
treasury
to
buy
back
txt
and
actually
burn
it.
A
Awesome,
maybe
john,
you
could
restate
for
those
of
us
listening
from
home.
The
answer
you
just
gave
in
the
chat
there.
B
So
this
is
to
the
question
of
mango:
does
upgrading
the
contract
impact
bridged
tokens,
for
example
2x
guy?
And
you
know
this
is
just
basically
repeating
what
augusto
said
the
contract
address
stays
the
same
and
there
then
therefore
is
no
impact
to
any
kind
of
integration,
including
bridges.
A
E
So
there's
currently,
I
think
more
than
100k
of
usdc
stacked
stuck
in
to
the
dsd
token
contract
address
and
that's
something
I
think
we
should
include
in
in,
like
the
plan
of
positioning
from
the
active
like
unusable,
bonding
curve
to
the
standard
token
contracts
like
including
a
plan
to
get
back
those
ucc
to
the
user.
C
On
that
end,
I
can,
I
can
say
that
the
well,
the
user
consent
defense
conduct,
contacted
me
and
he's
working
with
the
developer.
I
share
the
changes
of
rescue
erc20
token
that
is
already
used
in
other
erc20
contracts,
because
this
happens.
So
there
are
already
different
tokens
that
have
this
rescue
erc20
balance
from
an
erc20,
smart
contract
implemented
and
it
works,
and
they
didn't
have
any
issues,
so
that
should
be
fairly
simply
to
implement
once
we
upgrade
our
existing
dxd
token,
so
I
guess
it
will
have.
A
Perfect
awesome
guys,
let's,
let's
move
on
to
the
next
topic
here
and
that's
the
upcoming
swapper
beta
launch,
maybe
zed
you
could
chime
in
with
some
insight
as
to
how
development's
going
and
possibly
some
timelines.
F
We
did
some
internal
testing
too,
where
we
also
gathered
some
feedback
and
there
were
no
major
bugs
or
no
bugs
at
all,
some
ui
ux
stuff
that
we
are
changing,
but
we
also
doing
some
contract
security
stuff.
John.
Maybe
you
can
talk
a
little
bit
about
the
process.
We
have
now
with
the
how
we
gonna
deploy
swapper
data.
B
B
There
just
have
been
some
optimizations
that
were
identified
in
terms
of
like
gas
savings
and
there's
also
a
different
upgrade
ability
pattern,
that's
more
trustless
that
we
think
we
should
do
so
we're
just
in
the
process
of
implementing
those
changes
and
getting
them
reviewed
before
the
official
beta
release.
So
it's
it's
more
just
about,
like
you
know,
making
a
few
optimizations
and
creating
a
more
trustless
upgradability
pattern.
I
could
go
into
the
technicals,
but
probably
not
appropriate
for
taking
time
on
this
call
for
that.
F
Thanks
john,
so
we
expect
swapper
beta
to
be
live
next
to
the
end
of
next
week.
That's
the
expected
date.
B
Would
be
made
at
the
end
of
the
next
week
right
and
then
usually
it's
you
know
a
few
days,
four
or
five
days
until
it
goes
live
on
software.eth.
A
Yeah
awesome
thanks
guys.
You've
actually
answered
one
of
the
community
questions
being
the
date.
Another
fun
question
actually
is:
should
we
expect
a
swapper
token
for
the
beta
launch.
F
No,
we
are
still
in
the
planning
phase
and
the
swapper
token
is
not
official.
Even
though
we're
talking
about
it
and
planning
it
most.
I
would
say
it's
it's,
we
are.
F
We
are
trying
to
get
that
process
faster
and
sooner
than
we
expect
expected
earlier
so
swapper
token
news
will
be
out-
hopefully
hopefully
this
month,
but
obviously
we
don't.
We
don't
know
that
yet
so
so
wait
for
more
information.
B
Federico
is
not
here,
because
I
know
he
he's
really
done
some
cool
thinking
on
this
idea,
but
yeah
so
I'll.
Try
to
explain
so
the
idea
of
conditional
farming
is
to
use
tokens
that
only
become
worth
something
under.
You
know
when
some
condition
is
met,
so
this
is
using
the
same
underlying
technology
that
powers
omen
right
so
that
that
is
powering
prediction
markets.
B
You
basically
create
a
condition
say
you
know:
will
the
dxd
eat
pair
like
reach
2
million
in
liquidity
by
the
end
of
the
month,
and
you
can
mint
a
token
for
that
condition,
and
then
you
can
provide
that
token
as
oh
and
when
you
meant
that
you're
providing
some
collateral
right
so
say,
maybe
the
dxdot
treasury
provides
some
txt
or
ether
or
die
or
whatever
as
collateral
to
this
prediction
market.
Essentially
right-
and
you
meant
this
conditional
token-
there's
like
a
yes
and
a
no
token
right.
B
So
what
the
external
wants
to
do
is
incentivize
people
to
meet
that,
yes,
condition
which
is
like
to
reach
the
goal
of
two
million
dollars
in
liquidity
and
the
way
dxdow
cannot
do.
This
is,
and
just
just
to
back
up,
you
know
the
yes
or
no
tokens
like
you
know.
Only
one
of
those
is
going
to
be
worth
something
when
the
market
is
resolved
because
it's
either
going
to
meet
the
condition
and
then
the
yes
tokens
are
redeemable
for
the
collateral
or
it's
not
going
to
meet
the
condition.
B
And
then
the
no
tokens
are
redeemable
from
the
collateral
and
then
the
other
token
is
just
worthless
right.
So
what
dxdow
does
is?
It
holds
the
no
tokens
right,
and
so,
if
the
condition
is
not
met,
tx
now
just
gets
its
collateral
back,
and
then
it
takes
the
yes
tokens.
It
puts
those
into
a
farming
campaign
on
swapper
the
same
farming
campaigns
that
you
know
anybody
is
going
to
be
able
to
create
once
beta
is
live,
so
there
would
be
a
farming
campaign
with
a
reward
token.
B
That
is
this
conditional,
yes
for
meeting
two
million
into
the
pool,
and
so
people
are,
are
getting
these
conditional
tokens
as
rewards
and
if
the
goal
is
met,
those
rewards
are
actually
redeemable
for
the
collateral,
so
so
yeah.
This
is
that
that's
the
basic
idea
I
imagine
in
the
future.
B
We
would
maybe
pilot
the
idea
without
having
a
proper
ui
around
it,
but
then
eventually
we
could
build
a
ui
that
would
support
people
doing
the
redemptions
etc
seeing
the
values
you
know
something
like
this,
I
think
even
could
potentially
be
its
own
product,
maybe,
but
maybe
it
would
just
be
built
into
swapper.
You
know.
A
Awesome
and
I
guess
a
follow-up
question
I
have
based
off
their
noobs
comment:
will
conditional
farming
be
usable
on
all
chains,
ergo,
mainnet,
xdy
arbitrage.
B
Yeah,
it
would
be
usable
for
sure
on
mainnet
and
xdi
and
I
don't
think
there
would
be
any
reason
why
it
wouldn't
be
usable
on
arbor
drum
yeah.
So
there's
11
55
is
the
token
standard
that
the
conditional
farming,
sorry,
the
conditional
token
framework,
meds
tokens
under,
and
I
think
that
the
most
usable
implementation
would
be
for
us
to
wrap
those
into
erc20s.
And
then
you
know
people
can
interact
with
those.
B
So
you
could
even
imagine
a
secondary
market
for
these
conditional
tokens
right
like
you're,
mining
and
collecting
the
yes
token,
and
maybe
some
people
just
want
to
sell
it
right
away,
and
so
it
could
be
sold
on
a
swapper
market
at
a
little
bit
of
a
discount
to
what
it
would
be
worth
if
the
condition
is
met.
A
A
Is
it
planning
on
being
improved?
We.
F
Added
when
we
forked
unit
swap
there
were
there
were
no
setting
to
turn
off
hop
hops
or
not,
and
we
brought
that
back
to
the
app.
So
now
we
can
turn
off
hopping.
So
on
mainnet
we
had
some
issues
there,
where
we
looking
for
the
highest
output,
which
also
might
give
you
most
hops
right,
so
that
wasn't
very
effective
with
the
gas
and
now
we
we
fix
that
with
with
the
setting
of
being
able
to
turn
off
hops.
F
B
Yeah
to
expand
on
that
answer,
so
just
described
it
one
of
the
improvements
I
think
what
is
coming
out
in
swamper
beta
is
the
incorporation
of
levin
swap
as
an
option
on
xdi
and
what
I
suspect,
maybe
rf
noob.
B
Oh
he's
actually
asking
more
questions
but,
like
I
think,
a
potential
next
iteration
on
the
eco
routing
would
be
to
allow
for
trades
to
actually
go
across
the
different
exchanges
right
now.
It's
showing
you
what
the
trade
would
look
like
on
each
of
the
different
exchanges,
but
you
have
to
select
one
of
the
exchanges
and
the
trade
can
only
happen
within
that
exchange
right.
It's
only
going
to
happen
on
unit
swap
or
swapper
or
sushi
swap
right.
B
It's
not
going
to
actually
go
across
the
exchanges
like
you
might
see
in
like
a
traditional
aggregator
like
one
inch
but
like
moving
in
that
direction,
I
could
see
being
something
that
gets
on
the
product
roadmap
in
the
future.
I
can't
you
know,
there's
no,
no
formal
plans
on
that,
so
like
no
date
or
anything,
but
I
could
see
that
being
the
next
iteration
on
the
routing.
A
Awesome.
Thank
you
very
much
guys
moving
along
here,
we'll
be
chatting
about
the
omen
guild
and
omen
token
update
shared
on
the
form
a
few
days
ago.
Tammy
are
you
here.
A
Excellent,
would
you
mind
sharing
some
some
details.
G
Of
course,
so
since
january,
dx
dao
and
the
omen
squad
led
by
geronimo,
has
been
formulating
a
plan
to
incentivize
governance
of
omen
in
order
to
curate
and
verify
markets,
as
well
as
incentivize
liquidity
provision
on
markets
through
a
decentralized
governance
platform
built
into
omen.
G
So
what
better
way
to
do
that
than
to
use
a
token
so
omen
token,
was
initially
discussed
discussed
by,
I
think,
john,
in
a
post
in
coordination
with
other
contributors
back
in
january,
the
main
broad
strokes
in
the
post
were
put
there
regarding
token
distribution
and
decentralization
of
governance,
and
since
then,
we've
been
working
on
planning
some
uses
for
the
token
within
the
ui
to
basically
help
with
market
verification
issues.
G
We
still,
I
think,
oman
will
be
still
using
claro's
curate
to
help
with
some
of
the
verification
and
curation
issues
that
come
up
with
market
validity
issues,
but
now
we're
getting
the
guild
involved
through
decentralized
governance,
to
have
the
guild
review
and
decide
and
flag
which
markets
may
be
not
valid
anymore,
and
the
guild
can
then
vote
on
those
issues
and
by
participating
in
governance,
they're
going
to
be
rewarded
with
omen
token,
a
similar
governance
structure
is
actually
going
to
be
used
for
our
liquidity
incentives
program
at
launch
of
the
token.
G
So
we're
going
to
be
having
the
guild
vote
on
markets
that
are
created
to
decide
which
markets
should
receive
liquidity
rewards.
So
there's
a
lot
of
ways
that
people
can
once
they
get
token
either.
You
know
on
swapper,
maybe
they
get
an
airdrop
who
knows,
but
they
should
definitely
take
their
tokens,
lock
them
in
the
governance,
contract
and
basically
kind
of
help
build
and
make
omen
better
yeah,
and
so
with
that,
we've
worked
on
just
some
basic
distribution
questions.
We're
still
doing
70
of
omen.
G
Token
is
going
to
be
held
by
dx
dao.
Of
course,
dx
diaz
is
one
of
the
only
like
on-chain,
true
dows
out
there.
We
have
a
proven
governance
model
so
by
holding
these
tokens,
it's
kind
of
symbolic
nod
to
dxd
holders
who
basically
funded
dxdown,
have
basically
pushed
for
the
efforts
of
omen,
and
so
this
is
also
going
to
be
kind
of
with
something
that
john
touched
on
earlier.
Regarding
snapshot
was
done
on
may
1st.
G
So
if
you
provided
liquidity
on
omen
or
have
traded
on
omen
on
basically
any
time
until
may
1st,
there
should
be
some
expectation
of
an
air
drop
and
then
we're
also
doing
a
dxd
holder.
Air
drop,
as
well
as
a
friendly
air
drop,
which
is
still
kind
of
to
be
determined
as
to
essentially,
for
example,
omen
now
lives
on
x
die.
So
there
are
other
users
on
xdi
other
other
dapps
that
we
would
like
to
incentivize
those
users
to
come
over
and
try
out
omen.
G
So
things
like
that
to
kind
of
spread
the
love
and
decentralize
the
governance.
C
Development-
okay,
okay,
yeah
anyway,
we
have
to
be
very
careful
how
we
spread
the
love,
because
you
can
actually
get
make
things
very
messy
like
how
the
airdrops
are
done.
You
have.
We
have
to
make
sure
that
we
distribute
all
main
tokens
to
people
who
contributed
to
omen
time
and
money,
and
the
time
will
be
the
ones
who
well
have
been
using
omen
like
providing
liquidity.
While
you
describe
them
and
dlc
holders.
E
G
Exactly
that's:
why
we're
doing
an
airdrop
to
omen
users
and
omen
liquidity
providers?
The
friendlier
drop
is
actually
something
that
we're
supposed
to
be
doing,
that's
similar
to
similar
to
a
vampire
attack,
but
we
liked
the
friendly
airdrop
terminology,
because
it's
more
so
incentivizing
users
that
we
think
would
enjoy
omen
and
haven't
come
to
oman
yet
in
the
d5
ecosystem.
A
G
I
don't
think
there's
we
don't
have
specific
parameters
regarding
anything
more
than
that
omen
users
who
basically,
as
long
as
they
had
a
prediction,
a
trade
that
totaled
25
dollars,
they
would
receive
an
air
drop.
The
airdrops
are
not
going
to
be
weighted
for
users
and
that
same
standard
is
going
to
be
applied
to
liquidity
providers.
G
I'm
not
I'm
not
sure,
specifically,
if
there's
something
I'm
missing
here
historically
regarding
abuses.
Aside
from
like
multiple
accounts
made
and
things
like
that,
but
that's
something
we
are
aware
of
and
are
trying
to
account
for
with
the
limited
data
that
we
do
have
on
oman
user.
E
Base
yeah,
so
so
the
next
steps
are
like
it's.
The
proposal
of
doubter
is
a
draft
proposal,
but
what
we're
currently
focusing
on
is
actually
getting
a
a
list
of
addresses
which
are
like
part
of
the
airdrop,
specifically
ap
providers
and
simple
traders,
and,
if
like,
if
the
data
looks
acceptable,
and
I
think
that
is
also
also
something
we
are
going
to
publish
on
our
talk
and.
H
G
Like
jeronimo
said,
we're
definitely
gonna
analyze,
we're
gonna,
do
the
snapshot
based
off
of
may
1st,
and
we
are
going
to
look
and
see
if
there's
some
sort
of
abuse,
that's
happened
or
I
think
there's
been
some
like
penny
sized
trades
made
and
things
like
that,
unfortunately,
those
users
and
yeah.
This
is
basically
the
first
step.
G
So
if
there's
any
suggestions
that
people
have
regarding
like
issues
with
abuse
when
it
comes
to
air
drops
that
we
should
be
looking
at
more
closely,
I
yeah
it'd
be
great
to
either
mention
it
here
on
discord
or
even
go
to
the
post
and
and
put
a
link,
because
this
is
definitely
still
what
the
organic
process.
B
F
B
Been
like
has
only
done
but
done
preliminarily
and
like
the
main
idea
here,
is
to
like
prevent
people
who
are
like
manipulating
right.
So
if,
if
we
look
more
closely
and
it
you
know,
the
manipulation
threshold
is
like
less
than
25
from
what
we
can
see.
I
wouldn't
see
a
problem
with
like
lowering
it
right
before
this
was
formalized,
but
I
guess
that
needs
some
more
inspection.
G
No
that's
to
be
determined
mainly
because
you
know
there's
no
reason
to
to
make
it
immediately
a
cutoff.
I
think
it'll
kind
of
be
announced
after
actually
doing
the
snapshot.
I
think,
unless
anyone
else
has
any
opposing
opinions
about
that-
and
maybe
I'm
assuming
geronimo
could
also
add
some
information
here
and
once
his
headphones
start
working
yeah
that'd
be
awesome.
B
Great,
so
back
to
the
you
know,
the
intent
of
the
cutoffs
and
the
snapshot
being
to
you
know
inhibit
prevent
manipulation
with
dxd
they're,
like
I
guess,
what's
the
harm
really
in
having
the
snapshot
in
the
future,
and
if
people
want
to
buy
txd
knowing
that
there's
an
airdrop
or
want
to
sell
dxd
knowing
that
there's
an
airdrop,
it's
it's
not
really
like
that.
You
can't
do
the
same
kind
of
spam
attack
as
you
could
with
trading.
You
know
creating
multiple
accounts,
etc.
You
actually
have
to
buy
the
dxd
so.
G
And
also
something
to
note,
the
intention
is
to
have
the
dxd
holder,
airdrop
weighted
based
off
of
the
amount
held
so
again.
Like
john
said,
there's
no
harm
and
there's
going
to
be
some
waiting
factors
there,
so,
but
not
with,
of
course,
the
omen
user
or
open
lp
airdrop.
It
will
not
be
weighted.
G
So
there's
been
discussion
of
some
other
dapps
on
arbitrarium,
as
well
as
maybe
some
high
interest,
yogurt
users
of
prediction
markets
on
other
chains,
we're
just
still
kind
of
exploring
that
area
and
if
actually,
if
people
have
suggestions
about
who
they
think
would
be
a
good
candidate
for
a
friendly
airdrop
when,
if
they
would,
that
would
be
something.
I
think
that
the
working
group
and
omen
team
and
dx
dow
team
would
consider.
G
A
G
So
that's
actually
an
interesting,
interesting
question.
There
was
a
genosis
dow
post.
G
G
Is
it
working
now
toronto?
Are
you
there?
No
okay,
so
I'm
gonna
continue,
then.
So
there
was
a
proposal
on
the
genocidal
platform
recently
governance
to
provide
quite
a
bit
of
liquidity,
liquidity
like
incentives
to
omen
or
any
prediction
market.
For
that
matter.
It
was
a
very
large
amount
of
funds,
and
so
they
actually
weren't
able
to
reach
quorum
to
pass
that
proposal.
G
The
omen
team
just
basically
also
posted
on
that
forum,
saying,
of
course
this
is,
you
know,
what's
good
for
any
any
any
liquidity
provision
on
omen
is
good
for
everyone,
so
liquidity
incentives
are,
can
be
a
win-win.
You
know
for
both
genocide
and
for
for
omen
and
dx
tao.
So
you
know
there
could
be
potential
for
collaboration
in
the
future
on
some
sort
of
liquidity
incentives
program,
but
it's
all
actually
very
up
in
the
air.
G
At
this
point,
we're
just
kind
of
speaking
through
the
forums
and
seeing
seeing
how
things
kind
of
pan
out
on
that.
E
Right,
martin
signaled,
the
amount
was
much.
I
think
we
we
should
still
do
and
as
best
as
we
can
to
make
sure
there
will
be
a
joint
liquidity
campaign
with
gno
in
combination
with
omen
token,
so
I
think
yeah.
E
This
potential
partnership
is
definitely
something
we're
like
strongly
supporting
and
trying
to
make
sure
it
actually
gonna
happen.
E
E
Yeah
we
had
issues
in
the
past
with
getting
aligned
with
gnosis
in
general,
like
longer-term
partnerships,
but
that
doesn't
mean
this
is
something
like
has
any
influence
in
in
the
current
potentially
joint
liquidity
mining
campaign.
It
is
a
win-win
for
both
we
are
using.
A
lot
of
gnosis
technology
can
also
save
proxy
kit
is
on
the
front
end,
which
is
a
very
powerful
tool,
we're
using
conditional
talking
framework
on
the
solidity
side
of
things.
E
B
So
if,
if
fees
were
to
be
introduced
at
the
smart
contract
level
for
the
conditional
token
framework,
I
think
new
contracts
would
have
to
be
deployed,
which
honestly
would
not
necessarily
be
crazy
to
do
for
a
prediction
market,
since
they
in
general,
don't
tend
to
last
for
a
very
long
time
right.
A
Great
thank
you
guys.
Moving
on
here,
we'll
be
talking
about
the
dxd
buyback,
so
maybe
chris
you
could
get
us
started
by
chatting
about
the
dxd
buyback
form
post
you'd,
put
not.
I
Sure
and
this
forum
post
is
actually
now
a
live
signal
proposal
on
both
mainnet
and
xdi.
I
think
it's
still
a
couple
more
hours
for
it
to
boost,
but
this
is
a
signal
proposal.
That's
been
discussed
a
lot
in
the
community
to
start
a
dxd
buyback
program.
The
short
of
it
is
this
program
would
allow
dxd
dix
dow
to
use
up
to
1
million
dollars
from
its
treasury
to
repurchase
dxd
on
the
open
market
on
either
xdy
or
mainnet.
I
So
this
should
hopefully
pass
in
the
next
week
on
mainnet
in
a
couple
days
before
on
on
xdi
and
then
we'll
be
able
to
start
the
execution
plan
on
fulfilling
the
the
buyback
itself.
I
think
they're
kind
of
three
interesting.
You
know
broad
points
in
terms
of
the
the
buyback
program
kind
of
what
it
means
for
for
for
dx.
Dow,
I
think
first,
is
it
creates
in
a
lot.
I
It
begins
to
align
interest
more
and
more
between
rep
holders
and
dxd
holders,
and
I
think
this
is
a
process
that
we've
been
undergoing
over
a
long
time
today.
I
You
know
people
are
aware,
is
dxd's
one
year
anniversary
and
I
think
we've
taken
a
lot
of
steps
along
the
way,
as
is
kind
of
figuring
out,
how
to
figure
combine
reputation
and
dxd,
and
ultimately
this
will
culminate
in
the
governance
2.0
system,
and
I
think
it
also
the
next
step
in
that
also
kind
of
coincides
with
a
lot
of
things
that
john
was
saying
earlier
about
upgrading
the
token
model
and
making
dxd
kind
of
a
integral
part
about
this.
I
think
this.
I
This
buyback
program
is
an
important
part
of
kind
of
signaling
to
the
market
that
that
further
allegiance,
and
then
I
think,
second,
on
technically,
this
is
just
really
trailblazing
new
new
areas
for
dows.
There's
a
lot
of
cool
things
being
done
here
to
allow
the
dow
to
do
this,
buy
back
trustlessly
being
able
to
do
it
on
two
different
networks
being
able
to
place
it
through
a
proposal,
I
think,
is
really
really
cool
and
really
putting.
I
I
think
driving
dallas
forward
in
a
lot
of
ways
and-
and
I
think
it's
awesome
that
geeksdow
is-
is
leading
it
and
I
think
third
is
terms
in
transparency
and
how
we
can
kind
of
come
to
these
decisions,
and
this
is
kind
of,
I
think,
the
purpose
of
the
signal
proposal
and
some
of
the
documents
to
prepare
is
just
like.
How
can
a
dow
itself
come
to
a
decision
like
this,
which
obviously
has
financial
implications,
but
try
to
do
it
in
a
transparent
way
to
all
parties
involved?
I
So
I
think
this
is
an
exciting
initiative
that
will
kind
of
kick-start
a
lot
of
different
things
yeah
going
on,
and
so
in
terms
of
a
timeline.
We
can
talk
about
this
from
the
community
once
this
proposal
passes
how
to
execute.
There
seems
to
be
soft
consensus
of
trying
to
do.
I
The
first
buyback
actually
on
x
die
because
on
x-I,
the
the
d-x-style
base
does
not
have
a
white
list
for
the
contracts
that
it
can
interact
with
for
the
multi-call
scheme,
so
we'd
be
able
to
institute
a
buyback
start
the
buyback
proposal
process
just
as
soon
as
the
signal
proposal
passed,
but
the
intention,
I
think,
is
to
do
the
buy
back
both
on
xdi
and
on
mainnet,
so
yeah,
that's
kind
of
where
things
are
at
for
the
signal
proposal.
A
I
I
Presumably
this
will
have
an
effect
on
the
daily
trading
volume
of
dxd,
and
so
we
can
increase
that,
but
that
will
take
a
little
bit
of
time
to
do
and
then
I
think
the
next
round
buyback
program
would
probably
be
part
of
the
larger
conversation
that
we're
talking
about
upgrading
the
token
model.
That's
where
we
have
a
another
opportunity
to
really
create
like
a
long
term
program
and
a
long-term
alignment
on
like
how
dxd
kind
of
accrues
value.
I
But
I
think
this
program
is
meant
to
like
create
that
it
right
now,
as
we
build
like
a
longer
term
solution,.
A
And
one
last
question
from
anonymous
left
me
beforehand:
he
asks
why
was
one
million
chosen
for
the
buyback?
I
Landed,
I
can't
really
think
of
where
the
source
of
that
was.
I
think
we
were
just
you
know,
thinking
about
different
areas
where
part
of
this
was,
I
think
the
size
of
the
treasury
maybe
has
gone
up
a
little
bit.
It's
maybe
it
was
a
portion
of
the
treasury,
but
I
can't
actually
remember
like
how
we
specifically
landed
on
that
number.
G
Yeah,
chris,
maybe
I
can
just
add
a
slight
piece
bit
of
information.
The
idea
was
just
to
because,
as
chris
already
touched
on,
the
reason
that
we're
doing
the
buyback
is
because
we
believe
that
dxd
is
intrinsically
undervalued
and
the
point
is
we
would
for
this
this
program,
not
for
the
more
expansive
program.
That's
still
up
for
debate.
We
would
stop
hypothetically
the
buy
back
program
if
dxd
were
to
meet
book
value.
A
Awesome,
thank
you
so
much
chris
and
tammy
moving
along
here
to
the
final
segment
open
questions,
anyone's
welcome
to
ask
anything.
They'd
like,
and
I
do
have
a
couple
of
questions
that
were
left
before
the
the
meeting
today,
we'll
start
off
with
one
from
tom
fr.
B
But
I
think
ultimately,
that's
a
good
thing
and
will
allow
the
extent
to
lead
around
not
just
how
we
do
governance,
but
in
the
platform
itself.
So
beyond
beyond
omen,
mesa
and
swapper.
You
know,
I
don't
think,
there's
been
much
thought
or
talk
about
that
recently,
because
there's
a
lot
on
on
our
plates
just
working
on
those.
Obviously-
and
you
know
it's
been
a
little
bit
difficult
to
recruit
new
developer
resources,
I
think
we've
come
a
long
way.
B
We've
got
almost
10
developers
now
and
all
very
great
passionate,
but
it
has
been
a
little
bit
difficult
to
expand
like
aggressively,
and
so
I
think
that's
that's
one
factor
here,
but
I
do
imagine
that
you
know,
after
some
of
the
big
milestones
are
met
with
omen,
swapper
and
mesa
that
we
can
start
looking
elsewhere
and
what
would
be
next?
B
I
don't
know
I'm
sure
a
lot
of
people
have
a
lot
of
ideas.
I
think
it
would
probably
be
something
in
d5.
You
know,
I
think
something
like
lending
protocols
is
maybe
like
sort
of
an
obvious,
but
maybe
too
crowded
choice.
I
think
it'll
be
interesting
to
see
what
happens
with
layer
twos.
I
think
that
opens
up
a
lot
of
new
opportunities.
I
think
some
of
the
aspects
of
d5
that
maybe
have
not
received
a
lot
of
traction
on
layer.
B
One
might
start
to
see
better
traction
on
layer
twos,
like
I'm
thinking,
options,
protocol,
perpetual
swaps,
those
kinds
of
things
so,
but
I
think
it's
wide
open
and
the
discussion
really
hasn't
really
even
begun.
E
Yeah
and
what
what
I
think
is
like,
I
think
we're
just
starting
to
actually
like
use
the
dx
dow
system
as
an
advantage
for
our
products,
and
that's
going
to
happen
with
the
guild
like
the
only
product
like
the
to
be
honest,
like
the
the
main
goal
for
the
guild
was
to
make
omen
the
platform.
The
prediction
of
the
platform
actually
like
way
better
as
it
is
right
now
and-
and
hopefully
we
will
achieve
that.
This
is
also
something
where
I
want
to
see
like
existing
products
and
upcoming
products
like
specifically
mesa.
E
It's
still
not
like
a
purely
untouchable
ido
platform
out,
and
I
think
dxdow
is
like
100.
The
best
suited
to
provide
like
an
awesome
experience
for
token
issue
issuer
and
like
ido
participants,
and
I
think
nisa
is
something
I
think
could
be
a
very
unique
service
for
the
whole
crypto
ecosystem.
E
A
F
I
guess
I
can
jump
in
okay
go
ahead,
I
mean
federico,
is
not
here.
Federico
is
the
product
manager
for
rails,
but
we
me
and
federico
was
working
on
swapper
and
basically
we
had
an
idea
of
doing
rails
2.0
because
rails
rails
as
it
is
today,
is
it's
not
working
with
that.
With
the
new
version
of
loop
ring,
the
rework
we
thought
about
is
making
rails
l1
to
l2
wallet,
slash
bridge
and
the
first
use
case
would
be
swapper.
F
B
And
for
people
who
might
be
wondering
you
know
like
what's
going
on
with
rails,
like
kind
of
the
brief
history
of
rails
is,
it
was
initially
essentially
a
gift
to
the
dx
tao
from
loopring.
They
ran
like
a
hackathon
project
where
the
first
version
of
rails
was
developed.
That
was
actually
federico.
Who
who
won?
B
Really,
I
think
the
best
thing
to
happen
to
dx
now
out
of
the
rails
project
is
that
federico
has
joined
and
is
just
absolutely
killing
it
on
swapper
development,
but
yeah
like
rails
itself
is,
I
think,
currently
not
being
maintained
or
or
supported
by
tx
tao
and
yeah.
It's
it's
built
on
the
older
version
of
loop
ring,
so
I
mean
basically,
there
wasn't
enough
bandwidth
to
continue
development
of
that
and
part
of
the
reasoning
around
that
was.
I
B
F
I
would
like
to
see
in
the
chat
like
what
what
what
do
the
community
want
us
to
build
and
and
what's
their
vision
for
dxdo
would
be
interesting
to
see
that.
F
Yeah
and
we're
always
planning
to
do
that.
That's
why
also,
I
talked
about
rails
being
the
the
like
plug-in
to
all
of
these
products
that
we
have
if
we
have
all
our
products
on
all
all
side
chains
and
and
and
have
the
same
wallet
connector
whatever
it
could
be,
bridging
transferring
and
interacting
in
between
all
our
products
would
be,
I
would
say
easier
and
and
and
obviously
we
don't
need
to
rebuild
everything
every
time
we
do
something
so
right
now
we're
building
swapper
on
x-tie.
F
Meanwhile,
omen
also
are
buildings,
omen
on
x-die
and
we're
kind
of
doing
a
lot
of
the
things
twice
right
and,
and
hopefully
we
could.
We
could
work
more
as
one
team
instead
of
working
as
separate
teams.
B
And
just
to
touch
on
some
of
the
tie-ins
that
I
think
you
know
you
have
been
getting
discussed
from
pretty
early
on,
like
you
can
easily
imagine
you
know
token
sale,
capital
formation
happening
on
the
mesa
platform
liquidity
rolling
over
into
the
swapper
platform.
You
know
which
also
uses
conditional
token
farming,
which
ties
into
prediction
markets
on
an
omen,
and
then
you
know
in
turn
own
markets
because
they
could
trade
on
swapper
in
a
secondary
market
sense
as
well
so
yeah.
B
C
Yeah
also,
I
just
wanted
to
say
that
we
haven't
been
interacting
a
lot
between
our
products
because
our
our
governance
platform-
it
has
a
lot
of
if
we
want
to
go
bureaucracy
in
the
middle,
in
order
to
add
connections
and
to
enable
our
governance
to
interact
with
the
protocols
that
we
created-
and
this
is
something
that
we
are
currently
working
on-
that
I'm
currently
working
on
creating
a
a
governance
platform,
completely
essential
that
is
going
to
allow
flexible
connections
to
be
done
between
our
applications,
and
once
we
have
this
glue
that
attach
it
all
together,
we
will
be
able,
I
think,
to
grow
more
as
an
we
can
call
it
again,
unified
being
having
a
shitton
of
money
and
a
lot
of
products
working
on
different
networks.
C
This
is
a
requirement.
This
is
a
requirement.
We
need
something
to
be
able
to
connect
all
these
protocols
together.
That
will
be
our
governance
platform
and
it's
not
doing
that
so
once
a
week,
absolutely
once
we
fix
that,
I
mean
we
are
going
to
see
some
crazy
things
happen
there,
because
there
are
going
to
be
a
place
for
crazy
things
to
happen
and
for
us
to
connect
on
chain
on
different
platforms.
So
that
is
going
to
be.
B
Exactly
like
dxnow
is
built
on
the
dowstec
platform,
but
downstack
is
discontinuing
support
for
alchemy,
and
you
know
basically
t
status.
Hands
are
a
bit
tied
on
that
platform
and
augusto
is
leading
this
effort
to
free
us
of
those
shackles
and
allow
us
to
really
move
and
and
live
up
to
the
potential
of
the
doubt.
D
A
Awesome
guys
looks
like
we're
just
out
of
time.
Thank
you,
everyone
for
being
here.
This
is
a
great
community
call
every
other
thursday
we'll
be
having
the
community
call
from
here
on
out
last
thursday,
and
this
coming
thursday
is
the
recap,
and
then
the
following
thursday
after
that
is
another
community
call.
So
thanks
again
guys
and
hope
to
see
you
all
there.