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From YouTube: DXbiz Weekly Gathering [2021-11-29]
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A
Hello
and
welcome
to
the
dxdow
business
call
for
monday,
29th
of
november
2021
on
the
agenda.
Today
we
have
liquidity
and
b
protocol
presenting
and
there's
like
a
dow
talk
post
on
that
under
the
expiz
we
have
the
atlantis
world
by
tammy.
A
few
carrot
interests
that
we
have
initiative.
Dao
that's
been
talked
about
in
the
forum.
A
B
Yeah
we
do
actually,
so
we
we
have
a
new
member
introduction
really
quickly.
I
believe
he
is
on
the
call
ben
grimm
if
you
just
wanted
to
give
a
quick
intro
to
the
big
staff
community.
Here
you
can
just
tell
everyone
about
yourself
a
little
bit
about
yourself.
Just
your
background,
how
you
kind
of
found
out
about
dx
style
and
then.
C
Hey
guys,
I'm
angry
new
to
dxtel
really
happy
to
be
here.
I
was
completely
steer
by
step.
I
currently
work
as
a
full
strike.
B
Definitely
and
then
just
a
little
bit
more
about
van
grimm
he's
a
developer
traditionally
working
in
the
web,
2
space
that
brought
him
and
introduced
him
to
us
and
we're
looking
forward
to
seeing
how
he
can
kind
of
contribute
to
our
development
team
and
just
to
the
whole
dx
style
ecosystem
moving
forward.
So
big
welcome.
A
Yeah
welcome
geekdown,
you
know
feel
free
to
share
more
about
yourself
in
the
chat
and
yeah
sync
with
one
of
sort
of
like
the
teams
here.
Yeah.
A
Yeah
so
up
next
we
have
b
protocol
and
liquidity,
and
I
think
euron
is
here
and
yeah
johan.
Take
us
away.
A
E
E
So,
first
of
all
for
those
of
you
who
don't
know
so
a
quick
background
on
lusd
and
what
you
can
do
with
it,
so
basically
lusd
is
a
stable
coin
and
it
is
protected
by
so-called
stability
pool
where
users
can
deposit
lusd,
and
then
they
get
two
things.
So
the
one
thing
they
get-
and
this
is
the
main
motivation
I
think
for
you
guys-
is
that
they
get
lqti
rewards
which
are
liquidities
and
native
tokens,
which
historically
was
between
15
to
13
and.
F
E
E
E
Okay,
maybe
saying
same
words
now
in
the
diagram
right
so
without
b
protocol.
If
you
want
to
get
some
apy,
you
just
deposit
lusd
into
the
stability
pool,
and
you
end
up
eventually
with
some
ease
and
lqty.
E
E
It
goes
to
liquidity,
stability
pool
and
then,
whenever
there
is
a
liquidation,
we
have
an
automatic
rebalance
process
that
basically
sells
the
ease
back
to
lusd
according
to
some
algorithm
and
deposit
it
back
into
the
stability
pool
where
the
algorithm
rely
on
a
price
feed,
which
is
the
same
price
fee
that
liquidity
is
using.
E
The
discount
varies
according
to
the
imbalance
of
the
pool
and
eventually
ideal.
You
know,
users
in
power
swap
will
take
it
because
it's
the
cheapest
price
and
they
want
to
buy
lusd
or
eventually
they
will.
It
will
hit
some
arbitrage
price.
You
know
with
uni
swap
and
then
arbitrage
bots
will
take
it,
and
we
also
spawn
some
gelato
automatic
keepers
that
will
take
this
arbitrage
if
it
reaches
arbitrage
price,
but
overall,
okay.
E
Okay,
so
the
reward
side
here
is
potential
profits
from
the
liquidations,
but
mostly
lqt
rewards,
which
are
liquidities
native
token.
E
We
also
currently
have
our
own
b
protocol
liquidity
mining
reward,
but
the
reward
there
are
smaller
and
and
and
more
subject
to
changes
why?
Liquid
is
liquidity?
Mining
reward
is
kind
of
like
four
years
long
time
reward
program.
E
E
You
know
before
we
sell
it
back
to
lusd.
The
market
might
continue
to
crash
and
by
the
time
people
will,
you
know,
buy
the
ease
they
might.
You
might
end
up
with
less
lusd
than
you
started
with,
however,
giving
you
you
know,
entire
lust
inventory
is
one
million
dollar
which
is
not
even,
I
think
it's
not
even
half
a
percent,
so
it's
actually
exactly
half
a
percent
of
the
entire
stability
pool
in
liquidity.
E
So
you
know
in
order
to
obtain
significant
losses
here,
it
would
basically
mean
that
you
know
liquidity
backstop.
You
know
and
had
a
major
loss.
You
know
one
could
argue
that
you
know
if
this
were
to
happen.
Maybe
liquid
lusd
itself
might
be
at
risk
right.
So
at
your
size,
I
don't
think
the
trading
losses
are
significant.
E
Also,
of
course,
our
balance
algorithm
was
simulated
and
back
tested,
but
of
course
there
are
always
risks.
Of
course,
there
are
always
smart
contact
bugs
our
contact
was
fully
audited.
It's
live
for
a
few
months.
It's
now
and
by
the
way
we
also
have
a
half
a
million
dollar
back
bounty
on
hats,
also
hundred
thousand
dollar
back
bounty
on
immunify.
E
E
E
This
is
a
simple
contact
call
and
if
you
want
to
go
out,
you
just
withdraw
you
don't
need
to
do
any
active.
You
know
management,
giving
that
your
fine,
that
you
know
eventually
your
rewards
are
in
lqty.
If
you
want
to
do
something
with
the
lqty,
you
do
need
to
periodically.
E
You
know,
have
some
decisions,
but
other
than
that,
you
know
it's
fully
automated
fully
kind
of
hands-free
operation,
so
yeah
bb
protocol
theme.
So
now
about
us,
we
recently
announced
a
round
which
was
led
by
1kx
and
the
founder
and
the
developer.
Previously
I
was
cto
yeah
cto
of
kyber,
who
did
the
bitcoin
initiative
before
that
I
was
doing
a
mining
pool,
which
was
also
decentralized.
A
smart
contract
mining
pool
ayton
is
a
leading
ecosystem
development.
E
He
did
his
first
ico
already
in
2014
for
ride
sharing
application
and
yeah.
We
have
another
full
stack
developer.
A
Yeah
super
cool
thanks
erin.
Anyone
has
any
questions,
I
think.
At
any
rate,
we
will
have
to
use
a
gnosis
safe
in
order
to
interact
with
your
contracts,
because
it's
just
the
way
that
you
know
the
sort
of
like
the
geek
style,
dao
works,
but
yeah,
I
don't
know
dave.
I
think
like
this
is
mostly
on
you.
G
So
yeah
yeah
definitely
yeah,
okay,
yeah,
no,
no
questions
from
my
side,
interesting
presentation
and
you
know-
definitely
been
looking
into
it
already,
but
no
questions
at
this
point.
Yeah.
H
Dave
and
I
had
a
private
call
with
be
protocol
a
month
ago
right
before
the
retreat,
so
we
were
pretty
familiar.
This
is
why
we
invited
them
to
do
the
presentation,
I'm
really
interested
to
learn
about
the
l2
game
with
usdc
and
usdt.
E
E
Basically,
there
you
backstop
is
is
collateral,
so
some
okay,
so
you
deposit
either
usdt
or
usdc,
and
whenever
there
is
a
collat
and
a
liquidation
of
east
collateral,
then
we
liquidate
it.
So
it's
kind
of
a
stability
pool
to
a
compound
fork.
If
it
makes
any
sense
to
you
and
then
we
apply
the
same
automatic,
you
know
rebalance
yeah.
So
so,
basically
it's
the
same.
Only
you
know
numbers
there
are
small,
but
current
apy
is
big.
E
Also,
the
way
it
was
designed
that
it's
kind
of
orthogonal
I
mean
the
security
of
the
backstop-
does
not
rely
on
the
security
of
the
landing
platform
in
the
sense
that,
if
you
know,
there's
some
kind
of
frag
pool
in
the
landing
platform,
it
does
not
affect
the
backstop
because
we
use
our
own
independent
price
feed,
which
is
which
is
changing
price
feed
and
we
always
verify
you
know
the
kind
of
the
return
we
get
in
the
liquidation,
so
actually,
okay,
so
on
this
computer,
I
don't
really
have
an
ethereum
wallet,
but
if
you
go
to
100
finances.
E
Yeah,
okay,
so
if
you
and
you
connect
your
albitum
wallet,
okay,
even
though
my
skill.
E
H
And
you
just
recently
started
your
liquidity
mining
to
to
provide
stakers
with
lqty
tokens
or
actually
big,
broad
options
right.
No.
E
No,
no,
no
so
ltty
is
given
by
liquity
protocol
and
they
are
live
facing
for
a
few
for
over
half
a
year
and
their
liquidity
mining.
You
know
it's
kind
of
fixed
and
they
cannot
change
it
for
the
next.
I
don't
know
four
years
or
something
with
b
protocol.
We
also
have
a
liquidity
mine,
but
that's
on
top
of
it
right
now.
E
H
Yeah
yeah,
my
idea
was
around
how
long
it
would
last
and
you're
saying
incentivizing
stakers
on
your
end,
with
b
pro
tokens
would
last
for
at
least
another
month.
We
we've
just
released
a
new
framework
for
performance,
driven
conditional,
kpi
tokens
where
you
could
distribute
rewards
based
on
certain
metrics
being
followed
and
goals
being
achieved
like
a
tbl
in
a
certain
pool.
So
you
would
only
distribute
rewards
to
stakers
in
a
pool
if
they
reach
a
certain
tdl,
so
that
that
would
be
an
interesting
avenue
for
us
to
collaborate.
E
Yeah,
that's
interesting.
Actually,
our
current
program.
We
are
doing
something
similar
with
uma
but
yeah
either
way.
You
know
this
program
we
kind
of
provide.
I
mean
you
know
it's
a
protocol
and
again
we
don't
operate
anything,
but
it's
kind
of
you
know
like
a
service
which
offer
easy
deposits
right
in
liquidity.
E
So
I
don't
think
you
know
we'll
ever
have
a
very
big
liquidity
mining
from
our
side
here,
because
liquid
is
liquidity.
Mining
is
quite
enough.
E
Likewise,
400
finance,
but
yeah
definitely
along
the
line,
especially
as
we
go
live
so
now.
Maker
dao
now
voted
and
is
letting
us
build
a
stability
pool
for
maker.
Now
for
some
collateral
there
and
there
it
will
be
die
deposits
so
yeah
they
definitely
will
have
additional
liquidity
mining
program
and
yeah
we'll
be
happy
to
collaborate.
E
E
I
Cool
yeah,
I
mean,
I
think
this
is
a
great
fit
for
dx
style,
because
dx
now's
treasury
makeup
already
is
very
heavy
beef
and
with
also
a
good
chunk
of
stable
coin.
So,
like
the
risk
of
you
know,
the
potential
risk
here
is
that
you're
buying
up
eth
as
the
price
of
each
goes
goes
down,
but
I
think
that
could
kind
of
be
factored
in.
This
is
sort
of
I
guess
up
to
dave
here:
who's
managing
our
treasury,
but
yeah.
I
think
it
kind
of
fits
well.
F
A
F
Liquidy
I
just
wanted
to
throw
in
really
quickly.
We
have
this
dune
dashboard.
That
might
be
super
helpful
for
like
calculating
that
type
of
stuff.
It
tracks
all
of
the
liquidations
and
the
date
that
they
happened
and
whatnot.
So
you
can
see
actually
the
moments
that
the
stability
pool
bought,
eth
and
then
you'll
be
able
to
see
how
eth
performed
after
those
purchases
just
for
factoring
into
those
sort
of
situations.
I
F
But
we
also
have
another
blog
post
that
might
be
really
interesting,
I'll,
try
to
pull
it
up
really
quickly,
but
it
kind
of
walks
through
the
first
time
that
liquidy
kind
of
handled
a
big
crash.
I
think
it
was
on
the
may
19th
crash.
I
wrote
this
recap
that
kind
of
walked
through
how
the
system
handled
it
and
where
all
the
ether
was
liquidated
and
whatnot.
F
So
I'll
share
that
in
here
as
well,
for
you
guys
to
read
through
just
to
get
an
understanding
by
how
the
system
works
in
events
where
each
is
dropping
really
dramatically,
and
then
you
can
kind
of
like
cross-check
some
of
the
data
with
with
the
dune
dashboard
as
well.
A
Awesome
yeah,
so
I
I
would
say
probably
the
next
step
here
would
to
make
is,
would
be
to
straight
up
make
a
like
a
signal
proposal
with
dave,
probably
and
yeah
like.
I
think
I
don't
know,
if
there's
anything
else
missing
but
yeah.
I
think
we
can
just
vote
on
this.
J
Yeah,
I
guess
just
kind
of
quickly
putting
into
the
context
you
can
see
the
other
things
like.
So
I
think
there
is
this.
We
have
a
forum
post,
they
put
a
forum
post
up
for
the
staking
eth
for
treasury
diversification,
and
I
think
that
should
go
probably
to
a
proposal
sometime
maybe
this
week,
and
then
I
think
the
next
step
after
that
is
looking
for
yield
on
the
stable
coins.
J
J
I
think
this
is
kind
of
like
the
second
step
for
our
stable
coin
yield
that
we
could
do
because
it
requires
a
little
bit
more
complexity
than
others.
But
I
think
this
is
definitely
something
we
should
be
moving
towards
in
in,
in
conjunction
with
the
other
treasury
moves
we're
making.
I
I
think
the
other
dimension
for
dx
now
is
sort
of
alluding
to
this
with
the
treasury
makeup
is
it
it's
actually
probably
acceptable
to
just
keep
the
eath
as
the
price
goes
down
or
like
just
to
buy
back
to
eat,
which
I
guess
kind
of
then
makes
you
question
whether
you
decide
really
needs
be
protocol,
but
I
mean
I
think
that
would
be
part
of
the
discussion
and,
like
you
know,
once
we
get
a
forum
post
up,
then
we'll
see
what
what
people
think.
E
I
Yeah
definitely
I
mean
I
definitely
see
the
value
of
b
protocol
and
it
would
be
like
something
I
would
be
interested
in.
Personally,
I
guess
what
I'm
saying
is
like
there's
there
is
this
trade-off
right
for
the
dial
like
of
if
we
use
b
protocol
there,
it's
just
like
additional
exposure
to
smart
contract
risk
and
kind
of
with
any
of
this
stuff
asking.
What
is
the
the
benefit
and
the
benefit
is
selling
that,
like
compounding
that
eath,
basically
right
that
you're
yeah.
E
There
always
a
combined
fork
with
hundred
finance
on
alberto
and.
F
F
And
I
just
wanted
to
add
in
really
quickly
on
the
liquidy
side,
so
the
lqty
you
guys
will
be
earning
can
actually
turn
into
another
revenue
source.
So
all
of
liquidy's
protocol
revenue
is
distributed
directly
to
lqty
stakers
in
the
form
of
lusd
and
eth
and
staking
comes
with
no
extra
risk
outside
of
like
basic
smart
contract
risk
and
then
price
risk
of
lqty
and
the
yield
on
that
is
usually
in
the
10
to
30
range.
F
Sometimes
a
lot
higher,
but
that's
also
on
the
dune
dashboard
and
again
those
rewards
are
paid
out
in
lusd
and
eth,
so
you'll
be
adding
on
to
that
exposure
rather
than
adding
on
to
lty
exposure
through
staking.
So
that
could
be
another
interesting
opportunity.
There.
I
Interesting
yeah
and
I
think
also
luc-
is
very
aligned
with
dx
from
a
decentralization,
maximalism
kind
of
standpoint
here
right
where
you
know,
unlike
maker,
it
doesn't
rely
on
ustc,
etc.
So
is
there
also
any
way
any
other
potential
you
see
colton
for
how
we
could
help.
F
Yeah
that
it's
really
funny
outside,
because
we've
recently
only
just
started
thinking
about
this
dow
treasury
thing.
So
the
timing
of
this
whole
conversation
is
really
good.
Mostly
because
we've
had,
I
mean,
I
honestly
think
you
guys
might
be
the
first
dao
that
actually
acquired
lusd
and
it
kind
of
slipped
past
us.
But
then
we've
also
had
dials
like
olympus.
Dow
and
vape
protocol,
for
example,
will
start
to
acquire
a
bunch
of
lusd,
so
we're
starting
to
think
of
ways
that
well
one.
F
We
want
to
make
sure
that
all
the
dows
are
using
the
lusd
as
productively
as
they
can,
and
the
stability
pool
is
one
good
route.
Just
because
it's
the
sort
of
like
quote-unquote,
you
know
risk-free
yield
on
lusd
but
as
we
start
expanding
lusd's
adoption
throughout
d5,
like
whether
it's
through
curve
and
compound
and
ave
etc,
which
we're
working
on
the
listing
process
used
for.
F
I
would
love
to
start
exploring
how
we
can
help
not
only
you
guys
but
other
dows
sort
of
diversify
their
usage
of
lusd
such
that
it's
you
know,
productive
for
for
the
whole
liquidy
ecosystem,
but
I'll
definitely
be
like
circling
back
on.
Some
of
that,
because
we're
really
starting
to
think
through
this
stuff
and
if
you
guys
have
ideas
or
like
reservations
or
whatnot,
that's
why
we
kind
of
wanted
to
hop
on
this
call
that
way.
I
Well,
I
have
one
comment
so
like
one
of
the
primary
uses
for
dx
style
with
its
treasury,
I
mean
the
main
thing
is
to
build
products
right,
which
involves
paying
contributors,
and
so
many
contributors
take
their
payment
from
tx
style
in
stable
coins.
I
think,
typically,
I
think
the
most
popular
ones
are
probably
usdc,
maybe
die
after
that,
but
I
think
the
one
of
the
main
factors
there
is
simply
the
cost
of
off-boarding
into
fiat
right.
I
I
F
Yeah,
I
think
that's
a
really
good
point
and
I
would
love
to
I
I
can
send
in
my
telegram
or
discord
or
whatever
you
guys
use
to
coordinate
some
of
this
stuff.
I
would
love
to
hear
like
what
that
whole
process
is
like
from
paying
a
contributor
for
them
off-boarding
into
fiat.
That
way,
I
can
start
to
figure
out
how
we
can
like
plug
into
those
various
ways,
and
I
guess,
take
the
most
effective
route
to
to
get
that
done,
because
I
I
agree.
F
I
F
Yeah
that'd
be
awesome.
What
do
you
guys
use
telegram
or
discord
or
what's
the
preferred
yeah.
A
So
usually,
we
would
have
would
open
like
a
telegram
group
with
okay,
with
some
guys
from
your
end
and
some
guys
from
the
style
and
then
yeah
would
share
the
link.
F
Just
shared
my
telegram
handle,
so
if
anybody
wants
to
grab
that
and
spin
one
up
I'll
make
sure
we
get
everybody
added
on
our
side
too,.
A
Yeah
so
yeah
any
other
questions
or.
A
D
Okay,
so,
basically
just
checking
in
with
everyone
on
like
kind
of
approach
with
atlantis
world,
I
felt,
like
the
community
call,
went
really
well.
It
seemed
like
the
discord
group
seemed
into
it.
So
the
main
thing
I'm
wondering
is
this:
alicia
key
song
is
really
loud.
I
apologize
if
you
guys
can
hear
it.
So
basically,
I'm
wondering
if
the
best
approach
would
be
for
a
50
000
grant,
but
mainly
just
to
connect
our
products
to
atlanta's
world
and
then
focus
on
having
like
a
dx
dow
space.
D
Like
I
see
the
dx
dow
space
is
kind
of
cool,
maybe
people
if
we
can
connect
discord
to
it.
That
would
be
interesting,
but
I
would
honestly
see
it
more
as
like
a
onboarding
thing
like
just
having
token
holders
be
able
to
use,
it
seems
like
a
little
clubby
at
this
point
when
we're
trying
to
get
like
the
excise
name
out
there.
A
A
H
A
funny
idea,
why
not
make
this
really
a
precedent
in
d5
and
put
our
investment
towards
atlantis
in
carrot
as
collateral
and
have
them
withdraw
it
when
they
reach
certain
kpis?
It
will
be
really
good
marketing.
D
Problem
with
that
is
it's
a
good
idea,
but
the
problem
is,
I
think
the
idea
is
so
they're
bootstrapping
right
now,
so
we
have
to
fund
them
to
build
it.
So
in
a
way
we're
saying,
build
it
and
then
we'll
give
you
the
money.
So
I
mean
it
is
kind
of
like
a
bounty
in
that
sense,
if
you
do
it
that
way,
but
I
imagine
I
mean
because
that's
my
only
thought.
K
Yeah,
so
what
would
be
interesting
and-
and
I
think
carrot
in
general
should
always
be
thought
of,
at
least
at
this
point
like
in
addition
to
so
what
would
be
really
cool?
Is
we
say
you
know
here's
40
or
50
000
grand
say
and
then
we're
gonna
put
another
10k
in
carrot
and
have
like
a
really
aggressive
goal
around
dx
pres,
the
exiles
presence
in
the
in
in
atlantis
world,
and
it
basically
would
give
dx
down
an
advantage
over
other
projects,
because
the
team
sees
like.
K
Oh,
if
we
do
this
extra
work
for
dx
dow
we're
going
to
get
an
extra
10k,
and
it's
like
it's
got
to
be
in
addition
to
right
like
like
a
bonus,
and
it
can
be
even
five
thousand
dollars,
it
doesn't
matter
the
actual
amount,
just
it
just
matters
like
yeah,
the
marketing
like
getting
their
team
to
like
think
about
it.
Putting
that
out
there
into
the
into
their
ecosystem
would
be
pretty
cool
yeah
and
a
really
cool
metric
would
be
them
launching.
K
Yeah
so
the
hardest
thing
in
general,
with
these
with
these
with
carrot,
is
really
defining,
and
we
know
this
from
omen.
Experience
and
we've
seen
this
even
with
the
with
the
first
two
launches
on
carrick,
like
the
exact
specifications
of
what
the
condition
is
is
very
very,
is
the
most
important
thing
like
the
actual
exact
words
because,
like
what
does
it
mean
for
atlantis
world
to
launch
on
xdi?
K
Does
that
just
mean
you
can
choose
x,
died
chain
for
like
one
little
thing
in
atlantis
world
and
so
like
the
exact
details
matter,
and
so
we'd
have
to
put
a
lot
of
thought
into
that,
but,
but
I
think
it's
a
cool
idea
and
that
we
have
to
have
this
conversation
with
every
single
project.
That's
interested
in
carrot,
basically-
and
this
was
another
topic
on
the
call
but
yeah
like
the
exact
figuring
out
what
the
condition
is,
whether
it's
possible
and
then
whether
it's
gameable
is
like
the
most
important
thing.
D
I
think
that's
a
really
good
idea
and
could
be
a
perfect
structure
for
this
initial
deal.
Like
basically
have
it
be
connect,
I
mean
I
need
to
check
in
with
you
guys
but
like
if
we
could
connect
carrot
if
we
connect
dx
vote
for
like
dow
usage
on
the
platform,
that
would
be
really
awesome,
and
I
think
that
would
be
like
the
first
step
and
then
pluses
could
be
excite
chain
launch
connecting
to
discord.
D
Things
like
that,
you
can
like
have
very
specific
things
that
would
actually
unlock
the
funds
from
carrot
so
yeah
and
it's
a
great
idea.
Okay,
that's
it
on
my
end,
and
I
think
we've
talked
about
this
enough.
I
just
wanted
to
let
you
guys
know,
there's
going
to
be
an
on-chain
proposal
and
just
to
see
if
there's
any
against
feedback
or
anything
that
I
should
be
aware
of.
Okay,
thanks.
A
Awesome
thanks
tammy,
so
up
next
we
have.
If
there
are
no
other
questions,
we
can
move
on
to
some
carrot.
K
Stuff
now
just
one
thing,
so,
there's
a
there's
a
probably
we
have
a
handful
of
on
chain
proposals
that
are
like
gonna
come
this
week.
Maybe
some
some
are
like
related
to
the
adventures.
Some
are
related
to
like
pocket
integration
or
whatever
is
there
so
there's
always
ways
to
do
this?
Where
we
like
pretty
much,
we
already
know
signal
so
like
in
some
cases
we
don't
need
additional
signal.
We
actually
need
a
proposal
to
like
move
the
actual
money.
K
In
that
case,
the
way
we've
done
it
with
the
expenses
is
really
like
the
on-chain
agreement
is
there
should
be
like
almost
like
the
contract
that
that
we
help
draft,
but
like
atlantis
world
is
going
to
propose
that
to
dx
dao
and
then
by
dx,
dow
voting
and
then
approving
it.
It
actually
is
like
signing
the
agreement
and
moving
money
to
the
project.
K
So
is
I'm
not
sure
if,
if
that's
the
proposal
that
we're
talking
about
tammy
or
if
we
would
be,
if
you
were
thinking
signal
first,
but
I
think
in
general,
we
like
have
signal
on
a
bunch
of
these
different
moving
initiatives
and
so
just
figuring
out
exactly
how
to
do
the
on-chain
proposal
and
who
it
comes
from
and
if
it
moves
money
I
think,
is
the
thing
we
need
to
just
like
figure
out
before
we
move
ahead
with
each
one
and
some
will
be
signal
and
some
will
actually
move
money.
I
think
right.
K
Okay,
well,
I
guess
tammy
left,
oh
right!
So
now
sammy
had
left
yeah.
So
I
I
don't
know
if
other
people
had
thoughts
about
that,
but
it
sounds
like
yeah.
Eventually,
we
need
to
get
these
proposals
where
they
actually
like
are
the
agreement
between
the
two
parties
and
they
actually
move
the
money.
That's
what
we
aim
for.
A
K
A
So
I
mean-
let's
I
guess
we
can
go
on
with
just
like
fully
on
proposals,
cool
yeah.
So
up
next
we
have
the
initiative
dao
kind
of
like
idea
that
I
mean
there
are
a
couple
of
versions
of
this
in
the
chat
and
yeah.
I
don't
know,
do
we
want
to
continue
talking
about
this?
They
want
to
make.
A
H
I've
been
thinking
you
know
several
people
suggested
we
should
have
some
security
measures
in
place
like
stating
that
reputation
could
be
slashed
if
someone
misappropriates
funds
or
doesn't
act
as
promised,
but
how?
How
should
we
act
in
case?
We
want
to
expand
to
non-reputation
holders
like
members
of
the
wider
community
that
have
not
yet
earned
rep
but
would
like
to.
A
Like
with
this
honestly
like,
if
we're
gonna
allow
people
to
spend
five
thousand
dollars
or
a
thousand
dollars,
I
don't
think
like
we
should
have,
we
should
think
of
the
security
just
yet
I
mean
we
should
assume
trust,
and
we
should
assume
that
these
people
aren't
going
to
steal
the
money
and
if
they
do,
then
you
know,
okay,
it's
a
thousand
dollars
that
are
gone.
A
I
the
way
I
see
this
and
I
wrote
this
in
my
comment-
is
that
the
goal
is
to
reduce
the
friction
from
like
trying
to
spend
money,
and
this
necessarily
means
that
we're
also
taking
like
a
little
bit
of
risk.
But
this
risk
is
mitigated
because
it's
you
know
a
thousand
dollars
max.
So
that's
kind
of,
like
my
take.
A
J
I
H
Ideating,
a
fixed
term
bounty
in
advance.
We
just
led
it
to
the
creativity
of
the
community
for
them
to
think
of
ideas
themselves
and
once
they
implement
and
execute.
If
we
find
them
successful,
we
can
reward
them
retroactively
or
we
could
actually
use
carrot,
as
I
suggested,
to
put
their
potential
bounty
in
there
like.
If,
if
we
give
them
a
thousand
to
spend,
we
could
put
another
200
in
collateral.
If
the
campaign
is
voted
successful,
they
actually
earn
200
in,
in
whatever
token,
for
the
successful
implementation.
A
Yeah
and
so
again
I
think
like
we
should
just
get
something
going
and
then
like.
I
like
the
fact
that
you
know.
If
someone
makes
a
successful
initiative,
then
you
know
that
we
should,
like
I
don't
know,
maybe
top
it
off
and
give
him
some
reward
like
a
personal
reward
like
rep
or
I
don't
know,
maybe
even
some
usdc
or
a
less
centralized
stablecoin,
but
whatever
yeah
or.
I
A
So
I
mean
there
are
a
couple
of
versions
of
this
of
like
how
to
do
this,
how
to
actually
fund
this,
and
you
know,
I
think,
like
a
main
one
is.
Is
it
open
like
for
anyone
to
participate,
or
do
we
pick
whatever
five
or
ten
people
who
are
going
to
be
a
part
of
this
and
then
yeah.
H
Also
one
last
thing:
do
we
need
to
think
of
some,
not
legal,
but
some
kind
of
like
terms
of
agreement
for
engagements?
If,
if
we
give
someone
money,
do
we
need
to
tell
them
in
advance?
What's
like
a
no-no,
because
if
someone
spends
money
on
some
influencer
shilling
coins
with
that's
something,
the
dow
isn't
backing
that
we
don't.
We
never
do
that.
We
don't
support
that.
We
don't
want
anyone
to
pump
coins.
H
A
I
So
I
just
posted
the
section
that
from
sky's
post
right
about
like
who
would
be
in
it,
so
I
I
do
think
it
makes
sense
like
we
need
to
get
people
who
know
about
geek
style,
so
drawing
on
the
pools
of
people
that
have
already
kind
of
proven
to
be
very
involved.
You
know
whether
that's
you
know
have
a
certain
threshold
of
rep
like
participating
in
discord.
They're
like
a
higher
rank
in
discord
or
like
have
a
certain
amount
of
txt
like
I
think
all
of
those
could
be
could
be.
A
Things
right
I
mean
that
that's
kind
of
one
version
and
you
know
obviously
I
like
I
like
sort
of
like
my
version
better,
where
it's
sort
of
like
anyone
can
come
and
request
and
then
obviously,
if
it's
someone
from
discord
that
hasn't
been
participating
in
anything,
then
maybe
we
won't
give
them
the
money.
But
I
don't
know
if
it's
anyone
that
has
ever
been
on
a
call
like
in
my
eyes.
It's
like
these
are
the
people
we
were
supposed
to
fund.
A
A
Or
something
and
that's
kind
of
the
way
I
see
it,
it's
it's!
It's
like
the
spontaneous,
oh
actually.
H
I'm
glad
you
mentioned
fiverr.
It
makes
me
think
of
something
else.
I've
I've
dealt
with
fiverr
and
it's
actually
full
with
scammers
people
who
post
wonderful,
resumes
and
the
moment
you
ask
them
to
do
something
for
you.
They
start
begging
you
for
money
and
it
clearly
shows
that
that's
just
some
scammer
and
they
will
never
do
any
work
and
just
to
avoid
that
the
people
we
give
money
to
do
this
for
us
they
may
get
scammed
by
such
people.
H
And
then
can
we
blame
those
people
for
being
fooled
by
a
scammer
and
losing
the
money.
So
we
should
have
a
rule
that
whoever
utilizes
money
should
never
spend
it
up
front
to
avoid
such
problems,
but
on
fiverr
you
don't
pay
up
front
like
yeah,
I'm
saying
if
someone
gets
fooled,
someone
begs
them
to
pay
them
up
front
and
they
do
the
foolish
deed
of
paying
upfront.
Then
if
they
are
genuinely
like
stupid,
doing
a
mistake,
can
we
blame
them
and
how
do
we
fix
that?
H
Yeah
I
mean,
I
know
I
guess
we
can
do
that.
Yeah.
C
H
Also,
I
agree:
maybe
we
we
could
do
both
do
what
john
said
as
a
quote
from
sky's
post
and
if
we
don't
have
enough
volunteers,
then
we
fall
back
on
your
idea
to
let
anyone
come
up
and
we
approve
them.
K
Yeah,
so
maybe
would
try
to
narrow
down
these
details.
Do
a
on
chain
proposal
to
like
allocate
some
amount
of
money
towards
this
initiative.
Have
that
in
a
place
that
could
like
I
mean,
maybe
it's
dx
voice,
what
they
say,
or
some
probably
on
x,
that
would
be
easier,
but
a
place
that
that
that
this
could
easily
kick
off
from
so
the
money's
already
like
ready
to
be
start
being
deployed,
so
it
needs
to
be
like
put
somewhere.
K
A
Yeah,
okay,
so
I
mean
there's,
there's
the
dow
talk.
I
don't
know
nathan.
If
you
want
to
like
put
up
some
of
these
rules
that
you
were
talking
about,
which
I
think
are
great
yeah
yeah.
We
can
use.
A
I
I
was
just
chatting
it
like,
I
think,
yeah
I
wouldn't
overthink
this.
I
think
the
important
thing
is
to
get
it
out
there
and
start
experimenting
like
I'd,
be
in
support
of
basically
any
iteration
of
this
like
because
it's
a
relatively
small
amount
of
money
and
that
the
goal
is
to
seek,
seek
new
and
potentially
innovative
ways
of
doing
things.
A
Yeah
yeah,
I
don't
know
like
I,
I
have
thoughts
about
like
how
can
you
do
this
like
community
inclusive,
and
I
don't
know,
maybe
tell
them
that
I
don't
know
they
they
first
do
it
and
then
we
refund
them
after
we
see
the
result.
I
don't
know,
but
maybe
this
is
like
the
second
iteration
yeah.
A
So
moving
on
to
the
next
topic,
if
we
don't
have
anything
else,
the
proposal
for
stake
rewards
on
swapper
has
passed.
Do
you
want
to
talk
about
this?
Maybe.
K
Yeah
so
well,
we
should
we
we
can
get
those.
I
think
now
that
that's
passed,
there's
been
obviously
distraction
around
the
the
next
topic
as
well,
which
is
the
gnosis
x
dive
merger.
There
there's
probably
going
to
be
a
snapshot
proposal
or
multiple
proposals
that
are
going
live
at
some
point
today,
if
they're
not
already
that's
the
main
thing,
there's
been
like
community
involvement
like
rallying
to
like
organize
and
things,
but
not
it's
not
very
clear
like
how
it
will
fit
in
and
what
like,
the
outcome
will
be.
K
So
I
think
there's
going
to
be.
You
know
these
snapshots
and
there's
going
to
be
voting
around
these
snapshots
and
then,
but
there's
more
than
one
snapshot.
There's
like
one
in
the
gnosis
community,
there's
one
in
the
state
community,
and
so
I
once
these
these
votes
happen.
I
think
there
has
to
be
additional
discussion
for
like
how
to
proceed
and
do
things
like
that.
So
it's
still
an
ongoing
conversation.
K
It's
like
what
everyone's
paying
attention
to
right
now,
so
yeah
feel
free
to
get
involved
and
follow
along,
and
if
you
have
any
new
ideas
share
those
as
well
separately.
We
will
yeah
aim
to
get
the
stake
from
the
front
echo
fund,
and
then
we
can
start
to
maybe
use
the
stake.
K
In
addition,
in
multi-rewards
in
the
next
campaigns-
and
there
was
also
a
call
to
like
have
projects
in
the
space
also
nominate
different
projects
and
things
so
now
that
there's
like
clear
stake,
rewards
being
involved
as
well
like
get
their
community
to
propose
new
ideas
and
projects
also
to
dx
dow
for
the
liquidity
farming,
so
that
that's
that
will
all
be
probably
happening
this
year.
This
week.
I
Also,
just
a
shout
out
to
sky
and
keenan
for
moving
quickly
and
organizing
this
kind
of
discord,
server
and
and
group
on
the
x
type
from
the
xd
community
to
pursue
kind
of
getting
some
percentage
of
the
gno
rewards
like.
I
think
this
is
a
great
initiative
for
dx
tau
and
just
you
know,
even
separate
from
the
potential
incentives
out
of
the
pool
of
gno.
I
I
just
think
the
networking
actually
with
the
xday
community
is
perhaps
the
most
valuable
thing
here
to
to
kind
of
involve
the
external
more
with
the
other
projects
the
next
day
and
show
some
leadership
there.
K
Yeah
and
and
actually
one
of
the
questions
like
martin
came
back
with,
or
the
gnosis
team
came
back
with
was
like.
Okay,
like
we
could
potentially
give
these
incentives
but
like
who,
like
who's,
gonna,
raise
their
hand
and
say,
like
I'm
100
committed
to
you
know
this.
This
x
diagnosis
ecosystem,
because
that's
what
any
layer
one
would
would
want
right,
but
we
kind
of
gathered
information
from
different
projects
and
stuff
and
shared
this,
but
not
very
clear,
because
no
almost
no
project
in
the
space
is
like
committed
to
one
chain
right,
even
gnosis
themselves.
K
Even
the
xdi
team
builds
stuff
on
other
chains
like
mainnet,
so
it's
hard
to
like
get
any
project
and
so
dx.
Now
we
don't
live
on
one
chain.
We
now
live
on
three
chains
and
we
could
live
on
more
chains.
So,
even
though,
like
yeah
we're
psyched
to
use,
you
know,
x,
die
and,
and
potentially
this
future
x
diagnosis
chain.
It's
not
like
it's.
It's
not
dx
thou's.
Only
commitment
right
like
it's,
not
a
soul,
commitment.
No,
it's
it's!
K
We
wanted
to
succeed
and
we're
obviously
heavily
invested
in
x,
die
and
that's
where
our
governance
is
mainly
done
and
we
have
all
of
our
products
there
and
so
we
are
committed.
But
we
can't
like
we're
not
writing
like
an
exclusionary
agreement,
which
is
what
some
layer
ones
might
want,
but
that's
not
really
possible.
I
guess
so
we
have
to.
We
have
it's
a
balance
between
all
the
different
things,
we're
working
on
and
all
the
different
chains
we're
interacting
with.
I
think
so.
K
He
basically
said
like,
oh
of
all,
the
projects
that
are
like
in
this
potential
echo,
which
is
this
community
dao,
like
which
one
are
committed
to
x,
die
chain
or
or
gnosis
x,
die
chain
and
which
ones
have
a
plan
to
like
jump
and
go
to
another
chain
right.
And
so
he
asked
that
question
and
we
did.
We
started
to
gather
facts
about
what
different
projects
have
publicly
said,
but
it's
it's
not
black
and
white.
So
I
don't.
K
We
gathered,
we've
made
a
table
with
the
different
projects
and
what
we've
said
for,
like
dx,
dow
and
and
a
whole
bunch
of
projects
is
dx.
That
was
has
a
commitment
and
it
wants
to
die
to
succeed,
but
we
also
do
multi-chain
right
like
we're
on
main
net
and
we're
on
arbitrary
as
well,
so
that
that's
all
we
can
say
at
this
point,
I
think.
I
A
Oh,
I
was
muted,
do
you
want
to
continue
going
and
chat
about
eat,
denver.
K
I
think
yeah
melanie
and
I
are
connecting
on
that
and
we're
working
with
the
e
denver
team
and
we're
basically
drafting
yeah.
What
like
a
proposal
would
be
to
like
do
the
on-chain
like
do
the
contract.
They
want
dxdot
to
sign
a
contract
which
we've
said:
dx
thou
doesn't
sign
contracts,
we
don't
have
a
legal
entity,
and
so
we
want
to
do
it
on
chain
and
we
have
done
things
like
this
on
chain
and
they're
being
a
little
conservative.
K
I
think
so
we're
working
through
that,
but
ideally
we'd
do
an
on-chain
agreement
and
move
pay
for
the
sponsorship
kind
of
that
way.
A
I
mean
I've
seen
sort
of
you
know,
someone
could
send
us
the
contract
and
then
like
we
could
make.
We
could
sign
a
transaction
from
like
a
multi-sig
and
ratify
that
on
like
ipfs
and
then
it's
sort
of
like
the
multisig
is
signing
it.
I
mean
it's
not
really.
The
dao.
A
Signing
you
have
you
you,
you
have
you
make
a
transaction,
I
guess
you
could.
You
can
even
make
a
transaction
and
like
a
proposal
in
dxdo.
K
A
I
think
I
think
in
the
in
the
hats
contracts
I
mean
don't
go
me
call
me
on
this,
but
in
the
house
contracts
they
just
have
like
a
a
hash
of
a
transaction
inside.
Like
you
know
the
paper
contract
so
yeah
just.
J
J
L
It's
just
a
dx,
dow
signature
that
we
oh
yeah.
We
need
to
like
nft,
maybe
yeah
tease
from
our
on
chain
signature,
and
it
creates
like
a
handwritten
looking
png.
K
Yeah,
but
a
human
signing
on
behalf
of
dick
style
doesn't
mean
anything,
so
it's
just
some
random
person.
Just
writing
the
x
dial
like
that,
doesn't
mean
anything.
So
what
we
want
to
do
is
just
like
what
we
do
with
opolis
just
an
on
chain
like
they
make
a
proposal
to
dx
dow
dx
dow
votes
on
it
if
it
passes,
that
is
the
that
is
the
signature.
That
is
the
agreement.
That's
the
only
way,
dx
dow
can
actually
agree
to
things
right.
I
A
Yeah
all
right
yeah,
I
don't
know
if
there's
anything
else,
you
can
stop
the
recording.
We
can
continue
chatting
actually.