►
From YouTube: DXdao Community Call [2022-07-28]
Description
00:05 Welcome and Agenda
01:00 Tally Ho guests
45:27 Treasury/RAI update
48:55 Swapr/DXstats update (Expeditions teaser).
51:35 Carrot V1 update
53:13 ETH Paris: DXdao Event
A
A
Hello,
everyone
and
welcome
to
dxdo's
community
called
july
28th.
Today.
We've
got
amazing
topics
on
the
agenda.
We've
also
got
some
great
guests
around
sharing
some
lovely
presentation,
our
friends
from
tally
hall,
we'll
be
doing
some
recaps
around
governance
and
treasury.
We'll
talk
about
eve,
paris,
ecc
and
jake
styles
event:
we
organized
along
with
our
friends
from
the
gnosis
chain,
gitpo
app
and
gnosis
safe
there'll,
be
alpha
with
a
swapper
update
and
a
bit
of
interesting
news
regarding
dxtats
and
last
but
not
least,
carrot
v1.
A
So,
let's
give
the
stage
to
our
guests
from
tally
hall
max
you
ready.
B
A
Yes,
please
yeah,
we
love
demos
and
at
the
end
of
the
presentation,
if
you're,
not
shy,
we'll
have
some
discussion
we'll
we'll.
Let
everyone
ask
you,
questions
and
yeah.
B
Sounds
good
not
shy,
hope
I
can
answer
the
questions,
but
let's
give
it
a
go.
Let's
go.
Let
me
share
my
screen.
A
B
A
B
Thanks
everyone
for
for
joining
thanks
for
for
having
us
and
we're
gonna
talk
about
telehome,
which
is
a
new
web-free
wallet.
That's
been
out
for
a
while,
but
you
may
not
have
heard
of
yet
and,
as
the
title
says,
it's
the
wallet
webfree
deserves
so
a
bit
of
background.
B
Basically,
it's
the
first,
a
community
owned
web
free
wallet,
it's
open
source,
it's
free,
it's
available
to
anyone,
it's
built
for
users
by
users,
so
everyone
on
the
team
has
yeah
as
their
roots,
really
deeply
embedded
in
crypto
and
are
frequent
users
themselves,
it's
owned
by
dao
and
all
the
revenue
streams
that
the
product
is
generating
are
going
to
the
dao
and
there's
no,
you
know
in
full.
Basically,
so
all
the
fees
directly
flow
to
the
dao
and
it's
up
to
the
dao
to
decide
how
to
how
to
use
these
funds.
B
So
before
we
start,
we
will
show
some
screenshots
here
and
we'll
do
a
demo
at
the
end
of
the
presentation.
But
if
you
want
to
try
it
out
now
during
the
goal
and
play
around
and
prepare,
some
questions
feel
free
to
already
download
the
extension
here.
And
it's
available
in
the
chrome
store
and
in
the
brave
store.
So
if
you
want
to
do
that,
go
to
tele.cash,
download
and
you'll
be
able
to
quite
easily
install
the
extension
from
there
yeah
so
a
bit
on
the
on
the
ecosystem
side.
B
We,
as
I
mentioned,
we've
been
around
now
for
a
couple
of
months
with
the
extension
being
live
and
over
time,
we've
seen
quite
some
adoption
around
the
web3
ecosystem.
B
So
a
few
logos
here
of
projects
that
have
already
integrated
telehoe
and
we're
actually
working
with
arhat,
mostly
in
this
case,
on
getting
delhi
ho
integrated
on
on
swapper
as
well,
and
it
requires
some
wallet,
integration,
library,
work
on
our
end
and
they're
all
confident
we're
confident
that
we
get
that
get
that
sorted
soon.
B
But
overall,
as
you
can
see,
yeah,
it's
quite
encouraging
to
see
all
these
project
projects
adding
telehoe
as
a
as
a
wallet
connection
option
to
their
depths
and
then
then
some
words
from
bengals,
dao
and
gitcoin
on
how
they
see
yeah,
basically,
the
need
for
for
telly
ho.
So
let
me
read
those
out
loud
so
from
get
go
inside.
It's
we're
excited
to
see.
Telly
house
leadership
make
public
goods
funding
a
top
priority
for
from
their
dow's
inception
and
without
background.
B
That's
maybe
a
bit
of
a
statement
that
requires
some
background,
so
tele-hole
will
fair
launch.
So
there
will
be
a
governance
token
yeah.
As
the
name
says,
the
token
will
be
used
to
make
decisions
for
the
dao,
and
one
of
the
first
proposals
will
be
to
allocate
part
of
the
initial
token
supply
to
get
to
a
get
going
and
for
those
funds
to
be
used
for
funding
public
goods.
B
So
the
proposal
will
be
two
not
two
and
a
half
percent
of
the
token
supply
to
be
allocated
to
bitcoin
50
of
that
to
be
used
for
telehome
developments
and
fifty
percent
of
that
to
be
used
for
yeah,
general
funding
of
web
free
public
goods
and
then
on
the
backless
dial
side.
We've
been
working
quite
closely
in
yeah
discussing
their
ideas.
Our
ideas
on
on
the
overall
tao
structure,
design
they've
written
some
articles
for
us
to
give
their
viewpoint
on
that.
B
So
some
tight
tight
relationships
there
as
well.
Then
a
bit
of
background
like.
Why
did
we
initially
create
delhi
ho?
So
most
of
you,
maybe
know
or
don't
know,
but
metamask
basically
changed
their
license
back
in
august
2020.
Up
to
that
point,
it
used
to
be
an
open
source
product.
Anyone
could
fork.
B
The
code
could
could
could
make
contributions,
but
they
changed
that
in
august
2020
there
were
some
other
changes
in
the
code
base,
like
potentially
preparations
for
geo
blocking
that
eventually
yeah
sparked
the
initial
idea
that
this
is
not
in
line
with
with
the
values
of
web3,
so
yeah,
you
know,
like
almost
anyone
uses
metamask
and
it's
sort
of
yeah,
interesting,
that
such
a
critical
and
vital
piece
of
infrastructure
is
is
actually
owned
by
by
a
central
party
and
then
later
was
acquired
by
jp
morgan.
B
So
we
realized
web3
needed
a
wallet
with
decentralized
ownership
that
would
stay,
100,
free,
open
source
and
operate
as
a
public
good
and
is
available
to
to
everyone,
and
a
wallet
obviously
can
generate
a
lot
of
income
and
we
believe
that
should
flow
back
to
to
the
community
to
the
web
free
ecosystem
and
not
to
jp
morgan.
B
So
delhi
ho
is
incubated
by
thesis,
so
this
is
the
studio
behind
threshold
network
formerly
keep
network,
keep
an
and
new
cypher
merged
to
form
the
new
network
threshold
and
also
fault
and
saddle
exchange,
but
it
will
be
fair
launched.
So
there
are
no,
no
investors,
there's
no
pre-sale,
no
predefined
allocation
etc.
B
On
that
on
that
end
yeah.
So
why
does
it
matter
as
that
all
the
fees
that
are
generated
from
the
product
will
flow
back
to
the
community?
So
we
try
to
visualize
that
here,
a
user
in
this
case
uses
the
swap
feature,
pays
a
small
fee
for
that
that
fee
directly
flows
to
the
treasury
and
the
dow
can
decide
that
we
want
to
spend
that
on
grants
and
bounties
for
product
feature
development
that
we
want
to
give
rewards
to
users
that
we
want
to
have
other
ecosystem
initiatives
like
the
public
goods.
B
So
we
think
that's
extremely
powerful
because
it
can
generate
a
snowball
effect,
the
more
usage,
the
more
income
the
dow
has,
the
more
it
can
also
do
the
more
services
it
can
offer,
etc.
So
imagine
that
can
can
really
take
off
it's
open
source.
So
anyone
can
fork
the
code,
anyone
can
contribute
to
it.
Anyone
can
review
it,
ask
questions,
etc.
B
It's
out
in
the
open
owned
by
a
dao
and
then
on
the
product
side.
Yeah,
like
the
fees
are
lower
than
than
the
in-wallet
swaps.
That
metamask
is
offering
made
a
mosque
is
taking
0.85
percent
in
swap
fees
and
that
can
easily
go
over
a
million
usd
per
day
yeah.
I
was
actually
when
I
saw
those
numbers
for
the
first
time.
I
was
surprised
that
it
was
so
big
and
it's
all
going
to
yeah,
basically
to
one
to
one
party
there.
B
So
that
is
all
built
into
the
product
and
overall,
the
ux
is
is
is
pretty
pretty
good,
at
least
in
my
opinion,
it
may
be
biased
as
well,
of
course,
but
I'll.
Let
you
judge
that
for
yourself,
so
what's
to
come
overall,
better
multi-chain
ux,
so
the
the
idea
is
that
the
wallet
will
have
native
support
for
the
most
used
networks.
B
So,
as
I
said
initially,
we
had
ethereum
main
that
only
we
launched
a
polygon.
I
think
one
and
a
half
week
ago
and
it
was
publicly
announced
yesterday,
and
the
idea
is
that
we
will
expand
that
with
optimism.
Arbitram
support
on
short
term
and
with
an
experience
that,
for
a
user,
is
better
than
what
some
alternatives
are
offering
at
the
moment
and
what
will
also
go
live
soon
is
nfcs,
initially
nft.
Viewing
so
you'll
be
able
to
view
your
nfts
from
within
the
extension
no
trading.
B
But
you
will
be
able
to
see
them
from
within
the
extension
and
then
in
wallet
yield
opportunities,
so
imagine
staking
assets
from
within
the
wallet
generating
yield
with
that
also
the
wallet
taking
a
small
administration
fee
that
is
then
going
to
the
dao
as
an
additional
revenue
stream
yeah
a
bit
of
a
bit
of
a
timeline
january
last
year,
development
started
and
in
august
21
telehaul
was
publicly
announced,
announced
and
maybe
interesting
to
mention
there-
that
the
initial
idea
was
to
fork
an
earlier
version
of
metamask
that
was
still
open
source
so
that
license
wise
could
be
forked
but
a
bit
into
the
development.
B
So
the
decision
was
basically
made
to
to
completely
start
from
scratch,
which,
which
means
that
there's
a
lot
more
work
initially
to
be
done,
but
is,
but
that
is
now
starting
to
pay
off
in
yeah
having
a
code
base
that
is
set
up
the
way
it
should
be
and
that'll
allow
for
future
developments
to
be
happening.
At
a
at
a
more
rapid,
more
rapid
pace,
yeah
we
started
having
community
calls
in
august.
B
I
think
we
had
the
style
in
one
of
the
first
goals,
probably
september
october,.
B
D
B
C
Yeah
yeah
for
1400.
yeah,
but
it
was
really
huge
at
one
time
right
now,
it's
a
little
bit
less,
but
it's
really
great.
B
Yep
yeah
awesome
and
we
we
have
a
guest
speaker
weekly,
so
so
those
are
always
fun.
It's
it's
sort
of
educational,
so
people
learn
new
protocols,
new
new
new
information
in
general,
and
we
also
get
a
lot
of
product
updates
and
alpha
there
and
typically
we
have
some
fun
yeah
call
for
delegates,
so
telehope
will
use
a
delicate
system,
so
anyone
can
delegate
their.
E
B
So
if
you
feel
that
something
for
you,
you
can
still
apply
there
and
you
will
be
then
listed
in
the
wallet
ui
as
a
delicate
option
and
people
can
delegate
their
voting
power
to
you.
B
Those
funds
are
not
used.
Those
funds
are
just
sitting
there
and
will
be
transferred
to
the
dao
when
the
unchained
tao
is
launched
and
that
will
use
the
governor
governor.
Bravo
framework
there's
also
a
bitcoin
grant
that
was
created
and,
I
think,
all
in
all,
meanwhile,
it
got
with
matching
around
70
80k
dollars
in
donations
and
those
are
also
transferred
to
this
to
this
multisig
yeah.
We
proposed
a
dow
structure
around
may
and
we're
now
really
gearing
up
for
for
launching
the
on
chain
dao.
B
Definitely
definitely
yeah,
so
so
how
can
tully
benefit
your
community
yeah?
So
I
think
part
of
this
is
is:
is
it
basically,
we
already
have
a
relationship
yeah.
That
goes
back
quite
a
bit.
We
have
frequent
contact
with
with
the
exile,
and
this
is
an
awesome
way
to
in
general,
it's
great
to
build.
B
So
that's
always
a
good
way
to
also
reward
your
own
community,
and
this
will
also
mean
that
your
community
has
a
has
a
say
in
in
the
tele-home
governance,
so
being
a
part
of
of
the
decision-making
process
there,
as
well
as
what
we
mentioned.
A
significant
chunk
of
d
tokens
to
be
allocated
to
git
coin
and
deciding
how
those
can
be
used
for
the
greater
good
of
the
ecosystem.
B
B
So
yeah,
that's
definitely
a
way
to
get
involved
if
you're
a
developer
yourself
head
over
to
the
github
and
check
out
the
code
base,
there's
a
lot
of
issues
with
a
good
first
issue
label
that
you
could
contribute
to
there's
actually
quite
some
external
contributions
already.
B
B
So
it's
really
cool
to
to
see
that
taking
off,
and
then
we
have
a
lot
of
resources
around
the
dao
on
this
on
this
page
yeah.
What
we!
What
we
copied
in
here
is
this
is
the
dao
functional
organization
that
we
envision.
So
you
have
token
holders
you
have
delegates
the
token
holders
can
either
delegate
their
voting
power
or
vote
themselves.
B
C
Thank
you,
yeah
hi,
guys,
I'm
I'm
really
glad
to
be
here.
I'm
on
the
community
as
nax
while
max
is
part
of
the
team
right
now,
but
anyway
we
let
the
we
lead.
The
community
calls-
and
I'm
really
glad
to
be
here.
So
just
short,
the
the
your
the
the
presentation
was
is
really
good.
C
C
So
it
will
be
extremely
difficult
for
tally
to
misdirect
wealth
or
act
against
its
user,
simply
because
users
will
have
the
power
to
reject
those
actions
and
all
the
decisions
er
with
tally
hall,
with
a
wallet
with
a
road
map
with
a
future
development
of
tally
hall
with
the
the
the
funds
and
everything
around
tallyho
will
happen
in
public
and
not
behind
closed
doors.
That's
extremely
important.
C
As
a
result.
We
we
expect
that
any
and
all
feed
revenue
will
flow
directly
to
the
users
or
the
product
improvements
and
the
ecosystem.
Development,
like
like
the
git
coin,
acquired
for
example.
Imagine
all
the
good
that
one
million
a
day
could
do
if
it
went
straight
to
users
or
to
fund
public
goods
and
infrastructure
for
a
team,
so
that
that
that
that
is
one
thing.
One
aspect
that
really
amazed
me.
D
A
D
Guys,
thanks
for
showing
this
update,
and
a
lot
of
us
were
at
your
events
in
paris,
which
are
which
are
awesome.
So
thanks
for
that
as
well
dx,
one
of
the
things
dx
dao,
as
a
as
a
pretty
proper
dow,
has
always
faced.
D
The
issues
is
like
owning
products
such
as
wallets,
which
we've
explored
in
the
past,
and
so
I'm
wondering
how,
when
you
say
that
dao
can
own
the
wallet
like
in
my
mind,
the
wallet
like
a
chrome
extension
in
the
in
the
chrome
store
like
there
clearly
has
to
be
some
legal
entity
or
something
that's
interacting
with,
like
the
you
know,
with
google
store
and
all
this
kind
of
stuff.
So
how
how?
How
does
like?
How
can
you
structure
it?
D
B
Yeah,
so
so,
basically,
as
you
mentioned
as
well-
and
it's
also
a
a
wallet
right,
so
it's
a
it's
a
product
where
people
store
funds,
so
it
needs
to
be
safe.
So
you
cannot
have
anyone
just
submitting
pieces
to
the
code
page
and
doing
the
release
without
any
without
any
any
checks.
B
So
I
think
part
of
one
of
the
important
thing
is
that
it's
open
source.
So
let's
say
the
development
is
not
in
line
with
what
a
group
or
or
a
community
would
would
feel
like.
The
goat
can
always
be
forked,
so
there
is
a
lot
of
of
interest
there
to
be
to
be
aligned.
B
So
the
idea
is
that
there
is
a
product
roadmap
that
is,
that
is
basically
owned
by
by
the
development
team
based
on
on
collective
inputs
from
the
dao.
So
we
have
the
buildback
with
the
research
group,
and
you,
you
know
like
in
general,
like
building
products
with
a
dao
is
a
challenge
right.
You
cannot
have
a
voting
process,
whether
a
button
should
be
yellow
or
orange,
and
in
general
I
sometimes
have
an
idea
that
I
think
is
good.
B
B
So
the
idea
is
that
the
research,
then,
is
really
the
group
who
is
properly
doing
that
research
and
investigating
what
should
be
on
the
roadmap
of
the
products
and
for
the
development
team
to
be
the
gate,
what
is
actually
being
being
merged
and
released
yeah.
So
this
is
so.
D
But
if
you
want
to
fork
the
code
base
and
make
a
new
while
then
you
have
tally,
prime,
which
is
half
the
community,
has
to
then
find
another
company
or
something
to
put
it
into
the
google
chrome
store
and
then
then
you'll
have
tally,
wallet
and
then
you'll
have
tally.
Prime
in
the
tally
classic
in
the
google.
Pr
in
the
google
chrome
store.
But
someone
has
to
put
this
thing
into
the
google
chrome
store
right,
yeah.
C
Let
me
add
a
few
words
on
that
that
that's
a
really
great
question,
but
anyway,
like
we
are
building
the
doll
structures
and
right
now.
What
we
are
thinking
about
is
like
having
this
kind
of
organization
in
the
dao.
C
So,
like
nak
said,
we
cannot
submit
to
the
whole
token
holder,
dao
decisions
about
colors
or
whatever,
and
the
same
goes
with
legal
structure
and
development
roadmap
and
and
design
we
we
are
building
all
these
working
groups
and-
and
there
will
be
also
rules
to
have
like
the
token
holder,
dao
represented
in
all
these
working
groups
and
for
the
legal
aspect.
C
That's
the
same,
so
the
the
the
operations
pack,
that's
that's,
the
name
will
be
will
have
for
sure
a
legal
arm
where
we
will
be
trying
to
establish
what's
the
best
way
to
handle
this
one
way
should
it
could
be
like
the
dao
having
an
llc
representing
them
like,
for
example,
in
wyoming,
where
it's
possible.
That's
just
one
way,
or
there
is
some
some
institution
representative
for
that
or
one
person
anyway.
What
what
I'm
getting
at
it's
the
dao
will
be
handling
those
decisions,
maybe
in
a
in
a
hierarchy
and
an
oregon
organization.
D
Awesome
thanks
yeah,
if
you
guys,
can
help
because
yeah
proper
daos
have.
This
have
always
had
this
problem.
If
you
guys
help
really
like
design
how
this
ownership
can
work
and
obviously
keeping
it
like
unstoppable
and
censorship
resistant
by
like
a
government
through
this
mechanism
is
still
kind
of
hard.
D
C
C
Yeah
some
some
question
about
the
road
map.
So
right
now
we
have
polygon
as
a
chain
and
then
we
will
have
optimism
arbitrary,
that's
probably
the
next
steps,
and
also
customer
pc
and
and
other
chains
are
coming,
but
it's
like
one
step
after
the
one
step
after
the
other
and
same
goes
with
hardware
wallet
support.
C
A
Yep,
lovely,
and,
and
just
in
a
way
of
showing
support,
to
tally
and
and
getting
traction
in
adoption.
Dx
dao
is
also
helping
by
having
swapper
working
on
an
integration
of
tally,
wallet
in
in
the
swapper
dab.
A
Of
course,
we
would
love
to
provide
users,
the
best
user
experience
and
now
that
you
have
not
only
mainnet
but
also
polygon,
soon
you're
now
working
on
arbitrarily
next
and
hopefully
we
can
also
get
you
to
add
gnosis
chain.
Then
our
swapper
users
can
easily
use
tally
across
all
of
these
swapper
supported
networks.
A
B
B
So
overall
we
noticed
that
was
quite
confusing.
So
therefore
we
added
the
whole
to
the
name,
but
there
is
a
rename
likely
going
to
happen
at
some
point
and
that
will
potentially
also
affect
the
token
name.
So
the
initial
idea
was,
for
the
token
to
be
called
doggo,
but
there
is
a
chance,
a
likely
chance
that
that
will
that
that
will
change
so
yeah
a
bit
hard
to
to
give
final
details
on
that
on
the
launch,
affiliate
program
that
you
mentioned.
B
Basically,
what
we
can
say
at
this
stage
is
that
it
is
likely
that
or
it
is
for
certain
that
a
lot
of
people
from
the
web
free
community
will
be
able
to
claim
an
allocation
and
that
there
will
be
a
ways
for
a
project
or
a
dao
to
to
best
put
this
to
basically
increase
the
allocation
a
community
member
can
get,
and
with
that
also
help
the
dao.
A
Dx,
dao
and
swapper
are
partner
projects,
so
we'll
have
something
like
a
way
for
our
community
members
to
choose
us
from
from
a
drop
down
and
and
bump
up
their
allocation,
just
because
of
they're
being
members
of
the
jigsaw
and
software
communities
right.
A
B
Yeah,
exactly
like
don't
pinpoint
me
on
drop
down,
it
could
be
like
a
code
indeed
something
to
fill
in.
That,
indeed,
will
allow
you
to
will
allow
them
to
increase
their
allocation,
but
also-
and
with
that
also
sponsor
the
treasury
of
the
exhaust
hopper
yeah
sweet.
A
Sweet
lovely
all
right:
let's
do
a
quick
demo
and
then
we
gotta
take
it
to
our
usual
agenda
with
some
updates
of
latest
happenings
within
geek
style.
B
Yep
that
sounds
good,
so
listen
show
us
the
beauty,
yeah
awesome.
I
will
do
a
fresh
install,
so
this
is
cache
you
can
go
to
download
and
I'm
on
chrome.
So
I'm
going
to
to
chrome.
I
will
install
the
extension
here.
B
Let's
see
so
it'll
be
here
nicely
next
to
metamask.
Welcome
to
teleo.
Tell
me:
how
is
it
dao
test
responsibly
and
then
tele
host
set
as
default?
So
there
is
a
setting
that
you
can
determine
that
you
can
use
to
determine,
which
is
your
primary
wallet
if
you
set
it
to
telehoe
as
default,
it'll
try
to
connect
tele-hoe
to
adapt.
If
you
set
it
to
not
as
default
likely
made
a
mask,
will
will
connect
a
couple
of
options,
import,
a
recovery
phrase,
so
you
can
import.
Let
me
set
up
a
password.
B
Let
me
do
a
simple
one,
so
you
can
import
an
existing
recovery
phrase
from
in
this
case,
12
words
from
metamask
or
you
can
import
a
24
word
recovery
phrase.
B
You
can
also
connect
the
ledger
as
we
mentioned.
So
I
don't
have
my
ledger
with
me,
but
you
can
hear
connect
connect,
your
ledger
or
you
can
do
a
read-only
address
and
that's
interesting.
A
read-only
address
is
basically,
you
can
fill
in
your
ens
name
or
the
uns
name
of
another
address
that
you
don't
have
access
to,
but
you
want
a
few.
So,
let's
add
our
friend
vitalik's
address.
B
Basically
it's
now
loaded
as
a
read-only
account,
so
you
can
obviously
not
connect,
not
a
set
of
transactions.
You
can
connect
to
devs,
you
can
connect
to
zebra,
etc,
but
it
will
pre-populate
or
it
will
basically
display
his
account
information
as
a
read-only
mode.
You'll
also
see
that
it
loads
his
animated
pfp
that
he
set
up
at
one
point
and
all
his
balances.
B
B
B
B
B
B
B
Am
I
sharing
again
yeah
looks
good
awesome,
so
this
is
now
an
imported
account,
so
you
can
derive
just
like
in
metamouse.
You
can
derive
multiple
addresses
from
the
same
recovery
phrase.
You
could
also
now
import
another
recovery
phrase.
You
can
import
10
recovery
phrases
whatever
you
want
and
those
will
then
be
listed
as
separate
imported
accounts,
and
you
can
then
derive
addresses
from
those
one
by
one.
B
C
B
C
B
Yeah
yeah
you
can.
You
cannot
change
the
picture
at
the
moment
you
can
rename.
So
you
can
change
the
name
of
the
of
the
wallet.
If
you
have
an
ens
pfp
it
will.
What
I
mentioned
automatically
take
that
one
but
yeah
just
a
fun.
Little
addition
and
then
you'll
have
ethereum
support
and
polygon
there's
in-wall
swapping.
B
Let
me
just
open
again
the
link
yeah
there.
It
is
so
this
is
the
the
swap
transaction
and
what
you'll
see
is
you'll
see
this
this
fee
going
to
the
dao.
So,
as
I
mentioned,
metamask
charges,
0.875
percent
delho
currently
charges
0.5
percent
in
swap
fees,
and
those
are
going
two
disks
to
this
address,
and
that
is
the
the
multi-sig.
B
So
this
is
the
multi-sig
on
polygon
yeah.
You
can
see
that
these
these
fees
are
are
trickling
in
and
then
on.
On
ethereum.
B
Save
here
swap
fees
are,
are
ending
up
here
as
well.
A
B
It'll
go
to
a
course:
yeah
it'll
go
to
a
governor,
bravo
contract
to
the
time
block
and
from
there
it'll
have
to
go
through
through
the
governor.
Bravo
vote
cycle
so
proposal.
Then
it
has
the.
I
don't
know
how
familiar
you
guys
are
with
governor
bravo,
but
it
runs
through
these
fixed
cycles.
So
it's
announced
that
there's
a
vote
up
coming
then
there's
a
voting
window.
B
It
needs
to
reach
the
right
amount
of
yes
votes
and
then
it'll
automatically
go
to
a
queue
phase
and
once
the
queue
phase
is
passed,
the
proposal
will
be
executed
and
in
the
case
of
funds,
it'll
be
a
proposal
to
allocate
funds
from
the
time
lock
to
address
b,
and
when
that
proposal
passes,
those
funds
will
be
automatically
transferred.
Yeah.
D
D
B
Right
so
yeah
you
mean
like
different
governance
models
for
like
well.
D
B
Yeah
I
mean
they
would
yeah
yeah
at
the
end
of
the
day,
they
could
buy
all
the
tokens
you
need,
and
then
you
could
also
say,
like
someone
could
fork
the
code
and
and
start
over,
so
the
the
the
intent
is
to
distribute
it
as
yeah.
I
said
as
widely
as
possible,
so
there's
no
pre
pre-allocations
in
that
sense,
but
yeah
at
some
point.
If
somebody
buys
all
the
tokens
they
would
own
the
governance.
B
There
are
talks
about
different
models
like
you
know,
like
your
curve,
has
their
ve
model,
but
overall
yeah,
like
principle
yeah.
A
B
Definitely
yeah
purchase,
or
indeed
have
them
allocated,
based
on
historical
credentials
in
the
in
the
ecosystem
yeah.
But
I.
B
D
D
Yeah,
I
only
asked
that,
because
you
know
like
well,
dx
tao
has
a
lot
of
experience
with
this,
but
more
and
more
especially,
like
vitalik
will
will
offer
the
like.
Maybe
there's
some
other
types
of
governance,
not
just
based
on
capital.
That
could
be
interesting
ideas,
and
that
would
be
like
how
can
you
get
non-transferable
governance
power
in
the
hands
of
everyone
that
you
want
to
govern,
tally,
ho
wallet
right,
and
so
you
know
optimism,
you
know,
has
the
bicameral
thing
and
then
other
other
dows
are
looking
at
other
ways
to
do
that.
D
I
was
just
wondering
if,
if
you
guys
were
already
set
on
just
being
liquid
token
governance
or
if,
if
there's
some
type
of
non-transferable
governance
power
that
could
be
involved
in
the
system,
especially
as
it's
a
young
new
product
like
you
might
want
to
have
a
smaller
community.
That's
not
just
you
know
token
based
or
something.
B
Yeah
yeah,
like
it
like
a
soulbound
kind
of
thing
of
yeah,
yeah,
yeah,
definitely
interesting
to
hear
in
falls
there.
It's
not
like
all
set
in
stone.
Indeed,
I
imagine
it
can
also
evolve
over
time.
The
trade-off
is,
of
course,
like.
Let's
say
you
do
it
with
non
something
non-transferable.
How
do
you
like?
You
know?
You
don't
want
to
be
a
close
group.
In
that
sense,
it
needs
to
be
as
as
the
ecosystem
grows,
as
the
user
base
of
teleo
grows.
B
It
also
needs
to
be
open
for
newcomers
to
participate
and
have
a
say,
basically
earn
their
say,
yeah,
so
definitely
interested
in
in
continued
talks
in
that
also,
if
you
have
ideas
there.
A
All
right
well,
thank
you
very
much
for
our
guests.
It
was
a
lovely
presentation.
We
had
a
little
late
start
and
it's
kind
of
like
almost
at
the
top
of
the
hour,
but
the
call
itself
has
only
been
about
45
minutes,
so
we
still
got
time
till
the
real
hour
of
recording
to
get
some
nice
info
about
the
latest
developments
within
dx,
tao
and
products
first
in
line.
A
F
Absolutely,
as
you
know,
rye
is
my
favorite
topic
happy
to
give
an
overview.
So
well,
as
many
of
you
know-
or
perhaps
you
don't
know,
dx
thou
at
one
point
was
actually
the
largest
holder
of
rye.
F
This
was,
I
believe,
q3
q4
of
last
year
and
rye
is
like
for
those,
maybe
not
aware,
like
a
kind
of
fully
decentralized
stable
coin,
backed
by
solely
eth,
and
it's
has
like
a
pit
controller
which
controls
like
a
redemption
rate,
and
it
worked
out
quite
well
for
us
for
for
the
few
months.
However,
with
the
market
turning
down,
rai
also
had
a
strongly
negative
redemption
rate,
and
what
that
really
means
is
just
how
the
value
of
each
individual
ride
will
change
over
the
next
year.
F
It's
a
projection.
So
at
one
point
it
was
above
20
percent,
and
so
we
decided
to
move
a
considerable
amount
of
our
rye
holdings
into
other
stable
coins
and
we
still
held
on
to
roughly
260
000
rai
in
our
treasury
right,
even
though
it's
considered
the
stable
coin,
it
doesn't
trade
at
one
dollar.
It
trades.
Currently,
I
believe
at
2.90
cents
at
2.90,
pennies
or
whatever.
You
guys
call
it
in
the
us,
and
so
john
actually
made
a
proposal
in
the
forum.
F
I
believe
end
of
last
week
about
the
remaining
rye,
and
I
think
there
was
a
general
consensus
that,
even
though
the
rye
rate
is
currently
decreasing,
the
redemption
rate
is
around
nine
percent
right
now,
and
it
looks
like
it's
heading
towards
seven
that
seven
is
still
a
large
cost,
so
to
speak,
for
the
dow
to
hold
rye
and
so
there's
a
new
forum
post,
actually
just
posted
today
on
dow
talk
to
sell
the
remainder
of
our
rai
and
kind
of
await
and
see
how
the
rye
redemption
rate
evolves.
F
I
think
overall,
geek
style
is
a
big
fan
of
rye.
It's
arguably
one
of
the
most
decentralized
stable
coins
out
there
as
there's
no
single
entity
that
can
censor
or
like
freeze
rye,
which
is
of
course
possible
with
usdc
and
other
stables
and
dye
itself
is
strongly
backed
by
usdc,
around
60
or
so
and
so
yeah.
The
proposal
just
outlined
selling
the
remainder
of
the
current
right
to
die
die
is
kind
of
like
the
stable
coin.
F
We
use
the
most
simply
because
we
of
course,
are
deployed
on
ignore
this
chain,
where
a
majority
of
the
worker
proposals
happen
and
the
native
token
there
is
xdi
and
yeah.
However,
like
I
mentioned
you
know,
I
think
it's
definitely
worth
the
excel
to
keep
an
eye
out
on
rye
and
in
better
market
conditions.
I
think
it
definitely
makes
sense
to
re-enter
a
position
there
and,
if
you're
more
interested
in
this,
you
can
go
check
out
the
forum
posts
and
there's
more
info
there
overall
yeah.
F
A
Fantastic
info
dave.
Thank
you
very
much.
Next,
we
got
ecc
paris,
but
I'll
actually
defer
this
one
for
those
patient
enough
to
wait
till
the
end
of
the
call
yeah
you
you
got
a
delayed
gratification.
We're
gonna
first
chat
a
little
about
swapper,
our
lovely
swapper,
venky
zed.
If
you
could
share
just
a
regular
update
on
the
latest
developments,
we
got.
F
A
Is
is
just
it's
it's
fun.
It's
exciting.
F
Right
I'll
give
some
product
update.
Here
we
have
dx
stats
version
1.6
coming
up.
I
think
we're
waiting
for
a
community
proposal
to
get
that
through,
but
we
released
the
version
on
github
and
it's
ready
to
be
proposed.
F
What's
new
is
the
branding
is
totally
different,
so
it
looks
like
swapper
more
and
more,
as
you
guys
know,
it
is
a
fork
of
uniswap's
stats
page,
but
now
it
looks
a
little
bit
more.
Like
swapper,
we
have
a
nice
new
dashboard.
It
looks
really
good.
It's
snappy,
it's
better,
so
yeah,
that's
ready
for
swapper.
We
have
beta15
coming
up
we're
aiming
for
end
of
this
week,
but
I
I
ruined
it
now
when
I
set
a
date.
F
So
in
that
we
will
have
zero
x
integration
into
the
echo
router,
which
is
something
we're
really
looking
looking
forward
to
and
some
general
fixes
and
swapper
expedition
teaser
inside
of
it
that
should
be
from
product
and
one
wants
to
talk
about
the
farming.
Maybe.
A
Yes,
just
a
timely
reminder
to
our
degens
in
the
audience
the
current
farming
campaign,
and
next
thursday,
the
4th
of
august,
so
be
prepared
when
the
time
comes
to
unstake
from
the
current
farms.
That
will
be
expiring
and
risk-taking.
The
new
ones
they'll
be
do
info
comment
on
social
media,
a
lovely
twitter
thread
and
also
information
in
discord
with
the
new
farming
information.
A
Courtesy
of
our
lovely
social
media
guru
wayne
great
yeah.
Do
we
have
john
in
the
audience
share
some
alpha
about
carrot,
v1.
E
Tuned
up
there
by
carrotv1,
yes,
like
we
are
about
to
get
the
second
audit
report
back
from
for
character
v1
by
sigma
prime,
which
is
a
very
reputable,
well-known
auditing
firm.
I
would
consider
them
to
be
like
one
of
the
top
tier
firms.
E
They
also
are
the
makers
of
one
of
the
beacon
chain,
each
client,
so
the
eth2
client,
so
that
for
those
who
know
that
it's
I'm
blanking
on
it
right
now,
but
it's
it's
one
of
the
e2
clients
and
the
the
first
audit
went
very
well,
so
we're
just
waiting
to
get
this
second
one
back
address
those
issues,
and
that
will
clear
the
way
for
deploying
carrot.
V1.
What
we
still
have
to
do
is
develop
the
front
end.
E
So
there's
been
some
work
done
on
that,
but
something
we
need
to
figure
out
kind
of
near
term.
Here
is
getting
a
designer
to
to
help
federico
out
a
bit
with
the
implementation
there,
and
then
we
can
kind
of
ramp
up
development
on
the
front
end.
So
don't
really
have
like
a
launch
date
yet
for
the
the
product,
because
there's
still
the
development
of
the
front
end.
But
it's
it's
moving
along
and
the
audits
are
about
to
be
out
of
the
way.
A
Nice,
it
looks
like
we're:
gonna
pull
a
really
big
carrot
from
underground,
it's
still
growing,
getting
nurtured,
lovely
and
now
we've
come
to
the
last
topic
of
today's
call:
ecc
jake
styles
event
in
paris
around
the
ethereum
conference.
We
got
skying
here
in
the
audience
to
share
some
love,
interesting
information.
I
could
chime
in
yeah.
D
So
thanks
nathan,
overall
paris
week
was
awesome.
D
I
actually
wrote
some
thoughts
up
and
it's
in
the
in
a
forum
thread,
but
just
to
recap,
some
of
the
highlights
you
know:
dx
dao
had
a
had
a
very
sizable
presence
and
I
think
that
many
communities
can
feel
that
and
even
though
only
a
few
people
were
attending
ecc
the
conference
itself,
there
were
lots
of
awesome
side,
events
and
other
conferences
and
consensus
and
foul
coin
and
a
whole
bunch
of
happy
hours
and
thesis
and
other
things,
and
we
had
quite
a
few
dx
dial
people.
D
You
know
show
up
to
all
of
those
different
events
and
things.
I'd
say
that
dx
dao
contributors
are
very
active
in
discussions
that
happen
at
these
events
and-
and
it
becomes
known
that
dx
tao
is
in
attendance
and
and
also
gives
the
opportunity
to
share
the
products
and
ideas
and
things
that
dick
style
is
working
on,
which
is
awesome.
D
It
was
great
for
the
new
contributors
who
had
never
met
the
ex-style
contributors
in
person
to
meet
each
other
for
the
first
time,
for
some
people
was
also
some
of
some
of
their
first
one
or
their
first
ethereum
events
that
they've
been
attending
so
hope
that
they
enjoyed
that.
Obviously,
the
community
is
very
special.
D
There
were
lots
of
parties
and
late
nights
as
well,
and
then
the
the
main
event
that
dx
dow
organized
and
participated
and
co-organized
was
with
gnosis
chain
and
and
git
po
up
and
gnosis
safe
was
a
late
afternoon
happy
hour
near
the
ecc
venue.
We
got
to
invite
all
of
the
friends
and
partners
that
we
wanted
to
speak
with.
It
turned.
It
was
a
beautiful
venue
we
had
to
bring
in
you
know,
drinks
and
catering
and
things
there's
not
really
like
just
a
bar
you
can
show
up
at
in
in
paris.
D
I
think
there
were
lots
of
awesome
discussions
among
different
groups
of
little
huddles
and
people
around
swapper
and
taos
and
governance
and
all
that
kind
of
stuff.
At
that
event,
and
so
overall,
I
think
it
was
a
really
a
really
yeah
great
type
of
event
to
be
a
part
of,
and
and
doing
it
in
in
coordination
with
a
few
other
awesome
organizations
in
the
space
in
order
to
like
have
some
crossover
with
their
communities
and
our
communities
and
there's
obviously
a
lot
of
overlap.
But
it's
a
it's
a
good.
D
I
think
the
first
time
dow
has
done
an
event
with
other
organizations
as
together
and
then
yeah
overall
ecc
was
yeah
great
content.
You
can
see
a
lot
of
it
on
youtube,
go
check
it
out.
D
A
lot
of
interesting
discussions
happen
in
the
hallways
there,
but
overall
yeah
really
excited,
I
think
for
that
to
all
take
place,
and
then
I
think
people
are
excited
for
more
future
in-person
events
with
more
of
the
contributors
of
dx
dial,
so
excited
for
that
as
well,
but
yeah
nathan.
If
you
wanted
to
add
anything,
please
please
go
ahead.
A
Lovely
summary
sky:
you
pretty
much
exhausted
the
topic
I
could
chime
in
with
a
couple
of
words,
I
I
could
confirm.
Dxdow
contributors
are
truly
an
impressive
crowd
of
like
smart
and
bubbly
folks
that
fit
in
in
any
community
and
and
our
presence
is
felt
wherever
we
go.
A
Paris
was
a
very
it
is
in
in
the
hearts
of
the
ethereum
community,
a
special
place,
especially
around
the
ethereum
conference
every
year,
and
I
feel
like
it.
It
brings
a
special
spirit
in
everyone
of
friendliness
and
enjoyment.
But
what
left
a
lasting
impression
in
me
in
the
midst
of
this
so-called
bear
market
at
the
moment,
is
the
amount
of
innovation
still
happening
in
the
space?
A
Listening
to
those
talks
at
the
conference,
seeing
all
the
vibrant
communities
of
all
the
different
organizations
and
projects
in
the
space
still
hiring
and
building
full
steam
on
is
is
very,
very
promising
and
kind
of
like
builds
a
certain
confidence
in
those
who
get
to
see
it
in
person
back
in
2017,
a
lot
of
projects
raised
funds
in
the
ico
boom,
and
then
we
had
the
bear
in
2018
and
everybody
thought
is
this
it.
A
But
then
we
had
some
of
the
biggest
names
in
in
the
industry
that
we
know
currently
like
ave,
synthetics
compound
and
others
come
out
of
the
bear
and,
having
seen
all
of
the
developments
in
paris
makes
me
just
think
like
how
much
stronger
we're
gonna
come
back.
We're
gonna
come
back
with
a
vengeance
in
the
next
ball
and
I'm
very
bullish
and
optimistic
on
this
industry.
There's
more
money
than
ever.
A
A
Being
in
paris
just
reaffirmed
my
stance
that
this
industry
has
a
bright
future
ahead
of
it
aside
from,
of
course,
any
regulatory
fund
and
uncertainty.
A
Regarding
our
event,
I
would
say
it
was
the
best
event
I
attended
in
paris.
We
had
a
lovely
venue,
it
was
a
lovely
crowd.
Our
partner
projects,
gitcoin,
sorry,
gitpo,
app
hypnosis
chain
and
gnosis
safe,
were
amazing
co-organizers
and
we
did
rock
the
swag
scene.
Our
designers
did
their
best
and
our
swag
went
in
seconds
like
everybody
was
going
straight
to
the
dx,
dow
shirts
and
caps,
and
there
were
none
left
within
just
a
few
minutes,
so
it
it's
a
testament
of
how
great
we
are
in.