DXdao DXbiz Weekly Gathering, 30 Jan 2023

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From YouTube: DXbiz Bi-Weekly Gathering [2023-01-30]

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ESP for Signaling DXdao Priorities Discussion.

A

Recording is on.

B

uh Okay, the so the yeah. The main topic today is we're launching DX dows uh signaling priorities board using ESP tool, which Lewis, built and Lewis is joining us, um and there is a forum post with some of the background and how to use you can go to the site uh and check it out the diagnosis chain.

B

um It currently has points allocated depending on your gnosis chain rep. There is also a goal to have DxD Holdings, so theoretically, I guess this could be.

B

If you also have rep, you could also get some points based on a well. If you have DXE in another wallet, I guess you can put that that wallet on the sheet um and uh we can get those txt holding while it's added it's. It will then provide a blend of rep holders and dxt holders, um rather than originally like all like I take a snapshot of all wallets that hold DxD and giving them power. The idea was to like have more of an opt-in uh at first.

B

So if you are interested in participating the priorities board and you have DxD and you yeah and you you just- can fill out that sheet and and we'll get those wallets added to the uh uh you'll, get points allocated to your wallet and then you can participate in the priorities board.

A

And just on that, if we have DxD in the same address that the rep is in does that that becomes additive. Presumably what.

B

So uh the initial well I think the current plan was that any wallet that most you can have on this priorities board is a hundred points and that's either. You have four percent um four percent rep and if you're capped at four percent. So if you have more than four percent rep, you can't get more than 100 points and then the equivalent to four percent rep would be, let's say, a thousand DxD. If you have a thousand dxt in a wallet, you can get a hundred points for that.

B

Currently, if you, if you had four percent rep and a thousand dxt in the same wallet, we don't have. We we haven't decided this, but you we could say that you could then get up to 200 points, but we aren't doing that and we don't have a lot of scenarios where that's the case. Yeah.

A

I mean so my preference is to unify these I think if we I mean this kind of goes without the governance, 2.0 I think if you treat these groups as separate as opposed to like I, think single addresses should have a lot of reputation and a lot of DxD invested DxD. That's when we know there's like aligned, interest um and so yeah I I mean not saying they have to do this for this one now, but I.

A

Think in general, like having the additive where we want addresses to both have reputation and DxD is a good step.

B

So so that makes sense so because we're adding DxD um holding separately, we could easily just say, and we can still do this right now um it scaled at a thousand. So let's say you have a hundred DxD, so that's one tenth, so that would be another 10 um voting points, and so the most that a wallet could have is if they had four percent rep and a thousand DxD, then they have 200 voting points rather than currently the most. That someone has is a hundred voting points, but we can.

B

uh If we want to do the additive we we can do that already manually.

A

Yeah yeah and I guess: maybe we could do the opt-in for the dxt holders, but I'm not I'm, not opposed to not doing that um just giving any dates. Dealer that has a good amount of DxD some participation in this or like separately I, think we should be broadcasting this two dxt holders to encourage them to participate um in this, because I think this is actually a very good way of incorporating DxD orders into governance space.

A

You don't have that many ways of of doing that um and it's actually I think pretty low Stakes, because right, there's, no actually enforceability.

C

A

Priorities board um and then I also don't know how many of them will vote um themselves um and if it's capped it like a thousand, then really I, don't think will be I couldn't see really like a the main.

B

The main issue with that is, let's say, if you had 250 DxD in um in like 18, wallets or something.

A

B

You can split up okay. Well, if you do have 5000 dxt, you could split them up into five wallets and so the DxD portion we it can't- is basically not civil resistance.

A

um Yeah I mean yeah and in general, like for governance, 2.0, that's why you need to have both reputation and DxD, because their reputation makes it civil resistant, because you can't transfer that to other addresses.

A

um Yeah I mean I think that we could. Obviously, if.

D

That were the case.

A

I think you could very.

D

A

Like not give that.

B

Now, yeah well tweeting out that this tool is live and it's very easy to if you're, a DxD holder with a certain wallet or more than one wallet, just adding it to that Google, like form like even seeing how many dxt holders have interest in participating in this. If it's like five versus yeah.

A

I just think, if you put the onus on like the dxt holder, I think we want to do the opposite. I think we want to like enable their participating like encouraging in.

D

A sense almost.

A

Incentivize, it really again.

B

Because this is like.

A

Super low stakes: this is not like voting on budget or anything like.

B

That, but if you take the, if you just on ether scan, if you take the walls from ether, scan like a lot of those wallets are like not just holders, but we could also are like pools and things like that. Yeah filtering those out, I guess if we added those to Lewis, does it matter if we just add a wallet that happens to be a swapper pool and then just no one, it would just will be a dead wallet, but we'll just have it on the list that doesn't matter right.

C

um Do you plan on so you don't plan on like doing anything or voting with that wallet correct well,.

B

No, it's a swapper pool, so it can vote it. Just it's a it's holding DxD. If we wanted to just like automatically upload a list of all wallets holding DxD. Well, those would even be those would be mainnet addresses anyway, mainly and this. This voting mechanism is on those chains, so we might be adding a bunch of mainnet wallets that actually can't do anything on those chain anyway, I guess that doesn't really matter, though yeah.

A

You could do.

C

It right never wouldn't mess anything up, they just would be. um You know, registered, but not doing anything. Okay,.

B

Yeah I mean so we can I can get a list of dxt holding wallets to that. We could that you could upload as well anyway, um and so some there's some background on how to use it. um Everyone can and should participate in all of the instances, the main DX dial one plus the different Guild priorities.

B

um One thing that wasn't on there so far, which I'll add is you can always edit, so you can allocate you can unallocate.

B

um So if you know everyone's going to put some time and thought into how they want to allocate their points towards the priorities, but don't don't be concerned that like, if you decide you want to change something you can always edit it. So don't let that stop! You from you know, starting to allocate your points.

B

um It wasn't clear that you can take back your Vote or adjust it or edit it, but you can so. You can start messing around with it. Basically.

A

I think this is really cool too. It's just like very uh yeah, very cool, too I'm excited to get using it.

B

And and the current the current view shows like the static allocation, which would be like the once. Everyone starts allocating points you'll have like this ranked list for each one um in the background there's a mechanism that is that is actually like totaling the points over time. That's not currently showed in the front end, and it might not be too important in this initial case, but that is that works and that is live, and so, if we want to add it, we can add that and that would be like throughout the quarter.

B

If your preferences change you could adjust and they would start to adjust like the total allocations towards an initiative. So it's more of the overtime conviction, style allocation. In addition to like a static snapshot of what uh what the what priorities are, but that's we don't really I, don't think we need that initially.

B

um Lewis is there anything else you wanted to add? Oh currently, the currently the basically Lewis is the admin, and so, if we want to add, you can't take away wallets, but we can add DxD wallets, we can. um If we found out there is something else missing we can add, um but uh yeah. That's all.

A

And what was I guess? I should have read this, but ESP stands for.

C

uh Extensible signaling, primitive.

C

um So yeah I was just going to talk about that briefly, because I I think you know what what you guys have now just kind of like the first Live Well.

C

um The first live deployment in the new like contract and system migration um is, you know, pretty straightforward right, um but have the whole idea behind the rest of the system. Architecture, which is you know mostly abstracted away from what you're going to be using, is that you know it really is um like quite extensible, meaning you can like mod more easily modularize, like the logic of how you want a signaling instance to occur right.

C

So in this case I just there's like a single, you know, opinionation done multiple times of okay, like you know who gets to vote in this case. It's like a hard um coded array of like addresses to points um and like what's the voting scheme and and all of these other considerations right or what Define in this instance a signaling stream. But um uh you know the system. Architecture is kind of like modular and composable enough for like yeah, easy, iteration and plugging in of like, let's say, new types of voting.

C

New types of signaling, um you know which, depending on the complexity, might require like new front-end components, but once all these things are built, they become reusable um so so yeah, that's kind of like the general idea and as you're, using this kind of think about um this idea of signaling in general right, which doesn't necessarily need to be.

C

You know, um kind of uh you know this points, Vote or token vote like you know, simply one for one method: it could, you know, take the form of any number of other methods, um and you know eventually be composed into this system.

B

Sweet it's actually, um it's actually cut more of a complex product than it than you actually sounds, because it's built to be very modular, you'll notice, I notice on. Maybe you guys will notice a little bit too, like it's a little when you want to do transactions, it's slightly slow like to bring up your metamask, because it's actually checking a whole bunch of stuff in the background, um which is so don't yeah, just give it a second to like pull up your metamask transaction, but everything yeah.

B

This is the cool thing that this is on chain and so, like you have there's other ways to do. This, like you, can sign in with wallets and do voting off chains snapshot style, but this is all on gnosis chain. The votes are live, the votes are transactions.

B

um You can actually you vote the wallet behind the decision, um and so that's really powerful.

B

Yeah any other questions or I guess the goal would be to yeah get everyone within the Excel, contributing uh to start doing all their priorities on all the instances uh promoting it out, especially once there's a bunch of stuff already on there. As people start to use it, then maybe tweeting out some screenshots that we want to like write um well that the Forum doc has the background.

B

Following the like, following the first use of it, we would like to maybe publish an article announcing it and kind of why DXL is using it and what the results were. Looking like and things like that, um but in the meantime we do want to get um all rep holders paying attention to it and then also DxD holders.

B

I guess we can, if we, if we upload all DxD holding wallets, then we just have to get them to come. Look at it rather than fill out that form. So once we do that, we can adjust the sheet but I'm interested to see if any dxt holders are paying attention to to it like, as of today, yeah.

D

uh I have a question: if, if some dxt holder yeah, let's say somebody that has like 1000 dxt or something he plans to redeem or sell his dxt, what will happen to his works and what will happen to I mean if we have taken some decisions based on these priorities, I mean: what will? How will we handle those.

B

Yeah, so if we're doing DxD and rep we're we're using snapshots, basically, so if you have DxD and then you sell it or if you don't have it and then you buy it, it's not like live. uh It's not live updating the priorities, which is why we have to use snapshots at some point in time. So I guess the DxD Holdings would be snapshot of today. But.

A

B

A

Gonna drink it.

D

Yeah I kind of think that wouldn't it have been better if we had like a three month, lock-in contract or something for every quarter, where a dxt holder locks his dxt, get to get into to get into this prioritization board or something.

B

Yeah well with I mean with a new governance system that allows us to lock DxD like I, don't see anyone, that's going to lock dxt into some system for three months to in order to vote on the priorities um and just have it sit there, but in in future governance systems. If our governance system has like you know, voting escrow, ve, DxD or something, then that would be a scenario. But this is this is to get some priority, signaling, which we have zero on right now, based on rep and dxt holders, and so on average.

B

It should it should still give us something much better than what we currently have. But if someone wants to like try to game it by moving around DxD or buying and selling and stuff like that, that's there's no way to stop that without locking up dxt or taking a snapshot.

B

A

Yeah I think I. Think that makes a lot of sense. I think that's. Definitely the direction to go. um I think you go back. Gov 2.0 like there is even a I.

C

Think the original idea.

A

Was you could determine how long you wanted to lock up your DxD and that would affect the amount of voting power you had so.

C

If someone doesn't lock it up.

A

At all, they shouldn't have um much, but I think this is yeah just kind of getting started in that direction, and also since this is again like kind of low stakes, I think it is yeah, it's okay to be a little fast and loose, even if it's not the best long-term design.

B

Yeah like this, isn't this isn't replacing governance 2.0, but it's getting something that solves in this immediate problem. For now,.

D

B

You know cool well I'm, looking forward to seeing how the priorities come out. uh We just we might need to push internally and externally to get people to take action on it.

A

And I I guess it's set up now. I think the original plan was to start tomorrow and then run for one week. So I guess is there a end time built in.

B

No, it's there, no there's no! Well! In one week we can take a snapshot of what the priority board looks like right. We just screenshot it, but there is no. There is no ending um this. There is not like epochs. Basically, the idea is that you can actually use it throughout the quarter.

A

B

A

Makes sense, I think there is a benefit to like the community all looking at at the same time and then contributors and guilds all recognizing okay. These are like the priorities. I guess. Maybe that would happen if there was like a big change, that someone switched their votes or something um but yeah. Well,.

B

Yeah we want everyone to do this over this week. Allocate your priorities at the end of this week or, let's say next Monday. We will see what it looks like and if we have you know very low participation, that's a problem. If we, if we, we can take a snapshot of what that priority. What it looks like at that point in time I mean you can manually, take a snapshot whenever you want, um but hopefully by next Monday, we can uh can't connect wallet. What wallet are you using my key.

D

B

That's weird I know this is Shane.

D

I, don't know this chain yeah.

B

If anyone else has that issue share it connecting the wallets is one of the easiest things to do.

A

I just added some signal weight to gov, 2.0 I think just as a test on the DX style main one.

A

And I guess right now Skye! This is oh here we go. Is this your screen? Chris.

D

A

Look, you can look at signalers, you can probably oh no. This is on this.

B

Is you wouldn't be able to connect his wallet or is it not? You can't even press the button.

C

um Is is your? Is there anything like in your actual metamask window um like indicating you need to connect through the extension.

D

uh No make sure.

A

Make sure your nose is trained yeah.

D

D

But I use spoked, RPC I, don't know if that is yeah and then I see that there is something called the address is undefined um yeah, but I can I can probably share this with you later on Sky.

B

C

I'm happy to take a look- and um you know debug, that uh help figure that out at some point can.

B

Everyone else here connect their wallet.

A

Yeah mine's connected.

B

B

Can you connect your wallet.

B

Like this yeah venky's computer is messed up. Sorry bro.

B

Maybe hard refresh.

D

Yeah I'll I'll try later on I'll uh cool.

B

um Other thing, I guess other thing would be in the voice: Guild. We have a proposal um to do a small sponsorship of a quality event. That's happening on the Saturday of East Denver. There's a bunch of info shared about it. There was a discussion, there's a proposal, The Proposal yeah. In my mind this this doesn't necessarily need to go to a DX Dow vote. This is uh I mean people can give input and thoughts about it.

B

You can check the voice, Guild, discussion and uh and proposal and make comments if you have any comments, but in tandem with swapper we're hoping to participate in this event and as Elon just mentioned, joining forces with an already well organized high quality event is a lot easier than putting on your own event. We will get a whole bunch of invites that we can hand invite anyone that we want to to the event they've. There's there's a list. There's a there should be a code once we once we pass.

B

It then I'll share that and then you can. You know people that are coming to Denver, that you want to invite to it. uh You'll be able to send them a link in the in the code, but it's not like it's definitely not like a wide open public.

B

um Invite you need to hand like one Often by people that you want to.

B

Cool I think that's all.

B

Oh Elon left because his uh maybe he's crying I think all right. We can. We can yeah, we can end the call there Wayne Lewis.

A

Thank you thanks.