DXdao DXdao Weekly Meeting, 15 Sep 2022

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From YouTube: DXdao Community Call [2022-09-15]

Description

00:07 Merge Morning Welcome
01:15 Merge Chat
04:06 Swapr Recap
08:05 DXD Trade Volume/Buyback Update
18:12 Swapr utilizing UseFathom
20:43 Task & Priorities
23:12 Alternative Restructuring Proposal
27:00 Infinite Hackathon Update
29:30 DXdocs V1.1.1 release
31:00 Guilds forum chat and other discussions

A

A

To everybody on this lovely merge, Miss day, Christmas adage I'm, your host Keenan, welcome to the September 15th 2022, weekly, DXL, Community call um of course, late last night. uh For me, uh the merge was successfully activated uh on mainnet, which is massive news, we'll touch on a bit more shortly and those of you that have joined us here for the pre-call. uh We have already chatted a little bit about um on the DXL side of things, we're going to keep things a little more brief.

A

uh There are a lot of people traveling a lot of people missing today, so a little bit easier going on that side, but, of course wanting to focus a bit on the merge um before we get started, uh and this is my regular call of attention here, those of you that don't know you can find the upcoming Community call in the events tab at the top of the server under the banner you'll find it under the live now section where it says two events uh you can opt into the events get a ping before they start Etc um and yeah.

A

That's all I have let's get right into things with the merge.

A

uh Like I said, we've chatted a bit about this in the pre-call um super super exciting um I'm, not sure, um of course, not trying to repeat what we had at the the start of the call uh for those of you that were on the are on the recording, uh but we're chatting a bit about uh how the merge was kind of a non-event in the sense that it went through flawlessly and there isn't really an immediate change, a lot of things working as expected, um which I suppose is a is.

A

You know, a big technological feat that we've we've made it this far and there's no hitches. There's no downtime Etc, uh so super exciting stuff. uh I want to quickly call attention to the ultrasound money, dashboard um I'm, not sure if anyone is familiar uh but I think they. They kind of put together, uh watch the burn for EIP 1445, but basically this kind of tracks. uh When the merge was leading up to its uh the supply from the merge.

A

Supply change we've actually been deflationary, since the merge uh We've removed, 150-ish eth from the supply, which is fantastic to see, um and they have a lot of fun. Little metrics here I'd love to to put on screen, but the Discord say just don't let us uh effectively kind of running through. You know what the burn looks like Supply growth issuance, um more importantly, running through kind of Base fees, current fees versus uh what they're calling the ultrasound gas price, which is currently 15.1, uh basically meaning anything above 15.1 Quay.

A

uh The longer we spend above it, the more deflationary ethereum is which is super fantastic to see, um yeah, I'm, honestly just uh kind of peek through this dashboard. um It's basically it's pretty comprehensive. It has everything that you'd want to know about the merge, uh valuations value, secured uh monetary premiums, super great sites, uh I'm, not sure Chris. If you have any thoughts mirroring from the pre-call. Otherwise we can probably hop right into the next section.

B

No I just think yeah, it's a big big event and also I think opens up a lot more developments that ethereum can now Implement and upgrades over the coming years. That really um we're part of the the whole narrative in terms of the future roadmap, and you know this is just like the first big piece of that.

A

Yep pandas is the uh the takeaway here all about pandas. Today,.

A

Cool cool, let's hop right into our regular agenda and just reiterate, we'll be a slightly lighter call today, focusing on a couple of regular form, threads and updates, uh keeping things the light as we're missing a handful. uh Let's start with uh just a quick recap of swapper I think we have Adam and or venki here in the chat. uh Just a quick insight as to what swapper has been up to the last couple weeks would be fantastic.

C

Did I make it yep.

A

C

Up here, I wasn't sure: Frankie has his hands up, I, guess yeah, but anyway for swapper, we're currently like finalizing the beta 16 release. So this has optimism, support just the character, um we're also adding um the analytics.

C

So we want to get like some insights on what's happening on swapper in terms of like the Eco router and then the volumes, and obviously this will be all public, so we're using bathroom and the cool thing about fathom is that everyone um has access to the same dashboard, so we're going to probably uh have the link and then people can check what's going on.

C

For example, we add like um about 13 metrics, so that'll be like only for equal router on on all of the networks that we support, and then you can just see like the cumulative bottom. So nothing in terms of the personal data is being collected. We just want the volume of the transaction and that's the thing that currently fathom allows you to track and then for other things, I, don't really recall. The things like bank is probably more knowledgeable, but I could probably just bring up my release, notes and then check on there notion.

C

Okay, yeah so, and also like the other things. Probably that has been teased around is the Expeditions and this will go, live on beta mode and then I'm gonna probably leave the stage foot. You know because he's more knowledgeable in terms of like what's going to happen, but I can probably go on the technical jargon and what's going on in the background, so I feel like uh an API service that basically acts like a temporary State manager for the Expedition.

C

But then eventually everything goes on chain and then people can sing their collect the fragments and then they should be eligible for some sort of rewards. Keenan knows more about this, so I think that's everything for swapper.

A

Yeah awesome thank you Adam um and yeah, just to reiterate, uh Expeditions coming soon, um basically, as Adam had mentioned kind of tasks uh and kind of building up a a repertoire for your account uh that you'll be able to use the kind of claim, rewards and personalization features directly in swapper, uh not gonna, give away too much here, uh but we'll be sharing more in the coming weeks uh and just to answer Luigi's question uh no poapp. Today, the last book we tried to issue actually is still caught in limbo, with the issuer base.

A

uh Basically blacklisting every DXL poem, it's a bit frustrating um but yeah crying Pepe, pleb censorship. We need to decentralize co-app. After all, I think a gooso had a fantastic idea for that in uh in Denver.

A

um Next up today, uh we have a little bit of a chat on DxD voting power surrounding guilds and governance. 2.0. The current state of that I believe we have invited Ross but I think we're missing a handful. So we'll push that back see if we can get Ross in here, um like I mentioned, uh expecting a bit of a lighter call. Regardless, um let's see here Doublemint no, you can dump your your proof of work. Poems Connor.

A

uh Well, let's hop uh instead into the dxt trade volume update uh from yourself Chris uh here on stage and then from there we'll hop right into tasks and priorities uh just to keep you in one place.

B

Cool um yeah, supposed to this yesterday, um it's a continuation of the trend. We've seen the last couple months of just decreased volume uh overall, so you can see the the average daily trading volume is like 32 000 over the last three months, but um it's really dwindled um a lot even over the last couple weeks. Here, um I think there are um to preview uh the the dxt token working group uh call, which is going to be in one hour and 22 minutes.

B

um I want to talk a little bit more about what we can do to get DxD liquidity up, um given we're kind of in this almost spiral where there's less volume and then the buyback sizes are smaller and um it's kind of uh seeing how that can kind of change things a little bit there.

B

um Interestingly, though, on, like the breakdown of the volume, um the swapper main net was actually the number one in terms of overall volume uh over the last um I think it's like 28 days um and that's surprising only because we, um the dxdeath swap fee, was raised 2.5 on August 17th. So um over most of that time period um there was actually a higher fee there than on arbitrum still lower than gnosis chain, but interesting that it actually didn't affect volume in the negative. um So LP's there have benefited uh there.

B

A lot, especially as LPS, have benefited as like the price of dxt has gone down in terms of East um presuming it rises as it approaches. Nav like LPS, with the 0.5 percent like swap fee, do get a good um it's kind of a good position.

B

If you can have the capital to do that, um so that's kind of the trade volume in terms of the the buyback you can see some additional updates there um we've gone uh pretty consistently I think there's like four BuyBacks that are in in there right now, um they're around six eth, which again like because the like price of eth is going down. Then that'll affect like the size of the BuyBacks themselves um and uh yeah. We'll uh yeah talk a little bit more about um some.

B

Maybe ideas on DC liquidity and the buyback um the next buy back. So there's about 80 each left in the GP relayer um and given that this size is, is small around. Like yeah six e, that still will last a couple more weeks, but we've already authorized another 500k of purchases through the general treasuries through the signal proposal the past a couple weeks ago, um so that one I'm thinking we could be a little bit more, um just think about how that's um implemented and how that's executed.

B

We've successfully done a trade on cow swap on gnosis chain, from the Dow to purchase um eth uh for X diet. It's actually not a great trade I think it was at like 1750.

B

East per die, but um we're hoping that that is um something that can then be used to execute the buyback both on mainnet and on notices chain, um which would really reduce the overhead involved in terms of like our liquidity. Getting like someone has to execute it. So you have to give a you have to give like a premium on it, but in terms of using Cal, swap it's difficult.

B

The only difference or the whole the obstacle now is that since there's not a relayer to check the Oracle, you could potentially like you, could potentially manipulate the price of DxD that the Cal swap order is executed on. If there's not enough DxD liquidity on chain, so that's another reason: I think it's important to get DST liquidity on chain so that you can actually use cow swap to do it, because that would reduce the overhead for lots of things. So, anyway, that's um buyback. I, don't know if there are any questions in the.

A

It was one question or comment rather from spicy uh inferring, that the spiral ends once we admit, adtv is a meaningless limit. I'm, not sure if you mentioned it, but it'd be good to get some insight onto the current adtv conversation.

B

Yeah I mean I think um when I think about the buyback and it just kind of gets in overtime with the working group like this is not something that is um about uh like it's more of like a process or a policy right where you're implementing BuyBacks and maybe there could be other pools or levers that are implemented to affect the dxt market like putting DxD liquidity in there's. Also, maybe some ideas we can talk about.

B

The token working group um and so I think adtv to me is a way of like implementing a policy of these BuyBacks, which spreads them out over a certain amount of of time. I'm, not sure if it's the best way to do that or if it like adjusts properly to the different marketing conditions. But I do think it's important that there is some structure and process to that um and yeah and so I think 80 TV is the is like the tool we use.

B

Now it's I guess the question is like what what is like another tool that we could use um going forward because I mean, if you look at the policy, how it's been implemented. The buyback policy over the last year and a half it's been very um advantageous for deep style from a capital base, because it's acquiring lots of DxD at below nav, even now after the last um like.

B

If you go back in June and July, Deeks Dow was acquiring DxD at 0.38 or 0.39 I think it was even sometimes it was above 0.4, um and that was partly because, like the BuyBacks were speeding up, people were kind of buying into it.

B

um But if you look at where the dxt is now and then like for the last week and then also going forward, Deets Dao is acquiring DxD at 0.24, um and that is like kind of I. Think a way of like when you look at the long term of the ability for like geek style to like increase its capital base, which is acquiring DHD at like low prices.

B

um I think it is effective to have to look at it through, like a policy lens over like implementing it over a period of time.

B

Let me read sorry.

B

Yeah and like I kind of yeah, the historical I agreed with kind of Conor saying it's like right: historical and that's kind of like the whole I'm gonna think this is kind of how the conversation has like changed over the last few months, because I think we've like reached a point where it's like. Okay, that was like a good chunk right, 14k, something like 30 35, um but as we like get closer, is at the same policy. You want to be thinking about then and I think yeah. There are other considerations, foreign.

A

I guess as a question, um it's clear that uh there's some strong opinions on uh adtv and rather the removal of it. What would be the best Avenue to kind of share and push that through governance from the dxt holder side right now, and if there isn't then uh I suppose pointing to the guilds as a way to push that through yeah.

B

um I mean so there's BuyBacks happening now through the last proposal that passed um actually in, like July, there's still 80 Ethan there. Those abide by the 80 TV rules that have kind of been in the whole the whole time and I think those are that's kind of set considering that will be going on for another two weeks, but I think the discussion should be focused on the next um sets of BuyBacks, which have already been approved in the previous proposal.

B

It was under different conditions than this one, because this is coming from the general treasury um and so I think for that one, that's where we should focus on making some of these adjustments or thinking about that and I think the best Avenue for this is, as I was saying earlier, I think in the dxt token working group I'm, hoping we can talk about this um there in terms of implementing this and is it I. Think like the Cal swap angle, is another thing because that's like a different way of executing these orders.

B

So if we're going to execute it through that- and there needs to be some like method for like doing it, because, for instance, to use cow swap, someone has to eat the or they have to fill the order. All in one.

B

So like you couldn't you know, you'd have to make sure that someone would have like I, don't know 25 each or 100 youth or whatever you wanted to do it um so I think there's going to be some discussions on how we actually implement it through Cal, Swap and then I think.

B

That's how we can figure out um how to yeah how to like do it going forward and the adtv, because the adtv is like again because, like there's like four or five different levers that we have with the previous buyback um structure and a lot of that actually is because of the GP relayer that we use the most protocol relay we use, and so, if we're switching to the cow swap for executing, that I also think there are different parameters to be to adjust or that um and so yeah we'll.

B

Foreign talk about this in now an hour or 63 minutes.

A

Yeah I need to sit down with the token models. Still that's been in the back of my brain and I wish. I had a little more time to commit to it before the call today.

A

I love the uh the meme here from Luigi.

A

Cool cool well next up, uh maybe I, can give a quick uh insight and Adam actually did kind of cover this already uh so probably not uh going to dive incredibly deep, um but this form post right here, uh swapper feedback, utilizing use fathom um basically swapper, has always had challenges, uh understanding its user base, uh basically as a result of our privacy. First, you know no data collection, no tracking Etc.

A

So, for example, we don't even know what trades go through the Eco router since we connect directly to the contracts and we don't track any data.

A

um And so it's been challenging to understand what exactly is used most frequently in swapper. What should be capitalized upon? uh So this is an initiative, I believe kind of kick-started by venki uh surrounding um you know, a privacy kind of focused way of collecting Analytics, uh basically use fathom they claim to be privacy, focused touting Anonymous, page user tracking and no cookie requirements, which is, of course directly in line with what we are interested in here at DX down and swatter.

A

um This post kind of runs through uh the reasoning, uh namely why swapper needs it. uh We're developing new features, integrating additional dexes and enabling new networks, but we have no idea how the success of those implementations are and where they should be prioritized. You know what is contributing to the success of swapper um and the only analytics that we have at our disposal right now is basically on chain data. So it's very difficult for the squad to to plan out the products determine which is a successful venture or not um yeah.

A

So the how we'll use uh is is also the only other important part, I believe um we kind of indicate here in the post. Swapper all uses data only for product feedback and anonymize Page views not collecting user information such as IP addresses countries, Keys balances, Etc, um so I just caught the the message in the chat um swap will use the data to understand better how swapper is used and some of it we use to set goals, objectives for the growth of swapper shared quarterly with dxtow. So obviously, I think this is super.

A

Important um next step is to just kind of see if there's any pushback any feedback here in the form, otherwise I believe uh the swapper team will want to move forward with this. So give it a read if you're interested in swapper and the kind of feature of um the way data is collected and whether use fathom is the right solution.

A

uh Kicking the the ball, what's a baseball term for for uh passing the the ball back over to you Chris. uh If you want to give a quick chat on uh tasks and priorities, you're.

B

Calling the reliever you you need a reliever to come in and pitch for. You um yeah just a brief on uh this, which I'll share here. um This is a spreadsheet that lists I, think it's about like 65 different um tasks and priorities that geek style is doing. So these are things that contributors are currently working on, currently spending resources on um and then some additional priorities that Deek style values. But maybe um there are the resources to implement now or there isn't the consensus to do that and.

A

B

Is I, guess kind of to give us a holistic view of all of the different things going on in Geeks down and figure out? Okay, does this make sense um to to keep doing um this? One is there a way that we can find consensus on this so that we can move forward and start implementing that um so yeah this sheet?

B

There um is yeah and there's colors on there that are color coded for for those that enjoy um colors um to do that, and so hopefully this is kind of like the beginning of uh looking I guess and continue to get to restructuring proposal um in a bit, but just kind of looking at building better accountability regimes into DXL and I. Think that is about understanding what kind of things are being worked on and what those courses are there.

B

So there's like a cost element to this, you want to understand like how much different squads cost, but you also want to be able to give insight into what the actual output of those um is, and so I think this would be things that, like recurring things like calls and also um even like the buyback execution, for instance, is like a recurring thing or constantly Building Products, there's all these different things, um but there's also things that we're doing that are one-off and and and putting some resources into those so um yeah.

B

Hopefully it will be something that we can build on and have some more discussions over the next coming weeks and in Colombia.

A

And build on I think is important uh because you, obviously when you made this, put it out and said uh you know it's definitely missing some things and it's still a lot uh and so like this is definitely the kind of Base framework and it's still a crazy amount of things that we're kind of doing and focusing on.

D

A

Hopefully, building out this as well uh as you mentioned uh kind of collecting, and uh pointing to everything that we're doing and have going on.

A

Cool cool, um so I I guess next uh wanted to quickly highlight the alternative restructuring proposal.

A

uh I have bias, I'm, obviously leading this call and the proposer of this proposal, so I will not stay on this topic for longer than a quick call of attention, uh but there is a thread in the form, as well as a signal proposal now live and boosted on gnosis chain that runs through a restructuring proposal uh that kind of highlights uh DX style, acknowledging its problems that it has and a path forward to solving them, uh and also the integration of DxD and rep holders together to make those Solutions uh so I'll drop.

A

The link here in the chat I won't share opinions, of course, as I have bias, but the important thing is uh the first action of the signal proposal is the external acknowledging its issues on chain, which of course, is Gospel to us and very important, uh and the second most important thing is uh these kind of phase based structure that points to deadlines uh that are, of course, arbitrary.

A

We want to adhere to them the best we can, but things happen in governance, um pointing to those to uh to have kind of deadlines for those actions so low hanging fruit, which is the uh the take immediate action kind of Step. These are the things that shouldn't have any conflicts and governance and should be able to pass right away without much discussion.

A

uh You know anything, that's contentious in that period, uh presumably we move back to phase two uh and that's planning to uh get through governance be executed on chain, mostly as a signal by uh September 30th. uh It may be a bit tight because the signal proposal for the restructure was pushed back a day or two, um but we'll do our best to make that work uh phase, two accountability, access and autonomy.

A

um This is basically uh sorry Anatomy, uh focusing on kind of structure. uh You know our core meat of the issues and how we can solve them. uh How do we solve cultural problems? How do we incentivize budding Talent uh allow new ideas to flourish. How do we keep leaders accountable and how do we make the extent profitable or kind of the main questions that I think should be solved here?

A

uh Tentatively, that's aiming for end of October after the Bogota kind of retreat and meetings, as well as some time for phase one to kind of simmer um and then kind of finishing up with phase three, uh which is acknowledging that we have, uh you know, identified and uh pointed to the problems and how to solve them uh and effectively executing upon them. uh So if that's uh DXL is not profitable or this product isn't going to be profitable, how can we reallocate those resources?

A

How can we, uh you know, take a step back and and capitalize on what is going to be profitable and or beneficial to dxl's product Suite versus uh you know continuing to to throw what's this saying, throw things at the wall, so it sticks uh for the PG version.

A

um Yeah, so that's that proposal uh maybe talked a bit more about it than I should have uh I, see censored bad words here in the chat, um but, of course appreciate the support um anyone that has any uh feedback, both positive or negative. Please share in the form uh that is good to have for for governance and voting um and would like to see a high voter turnout on this proposal.

A

uh Personally uh again, acknowledging bias, don't want to point to anything specifically if you don't like the proposal, please vote negative for it uh against, uh but yeah. That is that uh super excited to see this go through uh and also very excited to see. Dxd and rep have more of an equitable kind of outlook on the future of the doubt.

B

Just for those listening at home, the expletive in the chat was not about The Proposal.

A

The chat's going haywire here, fighting swearing, I'm just kidding um yeah, so next topic here: um infinite grants, Hacker, House and more I think we have Augusto in the chat uh aguso. If you want to pop up here and just for the recording chat a bit about uh specifically the grants and Hacker House that have kind of come up in the last weeks and maybe a bit about the recent uptick in applications for infinite.

E

Hola hola, yes, yes, we started the grants for 20 hackers and consists on a free estate on one of the two hacker houses that we book each of the Kaka files can host 10 hackers. So this will be a share price for the hackers to stay from the 6th to the 17th of October in Bogota and in addition, They will receive 200 and die when they attend the hackathon in person. So if they run, we are currently selecting the people that will be selected, selecting the haircut uh that we have the grant.

E

We have a bit more of 40 hackers already applied. So looking good, looking good, we are yeah like three weeks um three weeks behind the event and starting organizing the the judges, the men, foreign s, are taking a I think the currency is a great initiative. I, don't know of another hackathon of financial. Doing that and important thing is. We are giving a special consideration to uh Latin American applicants for the grant and yeah. That is that is everything.

A

Yeah excellent, thank you very much acousto um and for those of you on the recording, uh infinite dash, hackathons.e dot limo will be the place to get some more info. I've also shared it in the chat here. This website's still kind of going through some reiterations here. So a couple broken elements, but the most important part is it: has the information and we'll be getting this info on the grants and uh and the hacker house as well coming here in the next coming days?

A

So thanks again, aguso super excited for infinite uh check out the link in the chat here, foreign.

A

Next up for me, another very quick call of attention: uh DX docs, the 1.1.1 has been released a bit of a minor release, as you can tell by the the various ones, uh 1.1.1 of course fun to say, um but importantly, uh it kind of goes through and restructures uh a couple things. uh It restructures. The contributor Hub section changes some things that uh contributor X has been looking towards and most exciting to a certain someone here on the call removing all instances of dot link, including Legacy um Legacy site information.

A

So everything will point to limo now, which is exciting again, not a massive release. You can play through it here in the GitHub fun little image as well. You can look to that. Releasing in the coming days, foreign.

A

Cool um I think that actually gets through most of the topics today. I think, unfortunately, that the ex-gov team was caught up like I, mentioned a little bit of a travel and conflict. uh Sorry scheduling conflicts missing a handful of contributors today, so we'll not be chatting today on guilds in 2.0, but there is a very important form thread that would be referenced here, which I will link to in the chat.

A

um If anyone wants to chat about it, of course, we can have a quick chat about it, but I am not, unfortunately, the one to run over it uh just to give a quick highlight guilds um is effectively granting DxD uh governance power uh minting this deal. That would vote for proposals.

A

uh A certain amount of rep um Ross, just I, think this morning said that uh um his personal view on the amount of rep being minted to the guild is something in the range of 20 to 35 percent, uh which is definitely what I was also thinking. I've been chatting with a couple. The XT holders about this, namely Connor um so super happy to see that there seems to be an immediate kind of uh thought of pushing towards that area.

A

That being said, their goal right now is to get it deployed and start with a four percent rep and minting more through DXL governance. It appears um so again, I'm- probably not the best one to to run over this topic personally, but take a look at the form thread I put in the chat here, namely uh the recent comment from Ross and Augusto I think is super important. Getting it deployed immediately and then pointing to dexta governance to load up on additional rep for the guild. uh I think super important.

A

A

Connor here in the chat uh completely get the ramping up in generally green normal conditions would likely mean us having to push back a lot of the bigger discussions in the upcoming restructuring fours and against um yeah I, agree, I, think uh I think it'd be good to come.

A

Out Swinging with a high percentage personally, um if it's a kind of stress ad to the team that wants to just get it deployed, I think it makes sense to just go out with that initial percentage, um but a lot of questions I think that phase one probably won't need much of a vote anyhow.

A

uh So if we're talking pure voting power, um it's not going to have much of an effect in my eyes, because I see phase one changes as being very, uh very light and kind of conflict, and um you know who's pushing on what uh and then phase two of course taking a longer period uh that will presumably have that guilds uh and presumably also a higher percentage of rep uh for the guild at that time. uh So lots of area I think for for DxD to kind of fit into that discussion without worry.

A

A

um From spicy soup here worth highlighting that date that since dxt holders don't have rep at the moment, we have to rely on contributors and ripe holders having to push us through rather than taking hands off approach and leaving it to governance. We need champions, see Gusto popping up here as well.

A

E

Yeah I just got the question, couldn't understand it. Can you repeat it I looking for the chat here.

A

um Which questions specifically.

E

Yeah, the one from spicy soup.

A

Yeah he says that uh it's worth highlighting that dxt holders don't have a wrap, so they have to rely on contributors and rep holders to push through, rather than taking a hands-off approach and leaving it to governance, so basically implying that uh um rep holders that uh need to kind of push these things through, initially and and kind of uh support. The vision of the XT holders, as they don't have governance power.

E

Yeah yeah I agree. This is initially what uh what we are doing. Is it what we are doing? First of all, we need to deploy the uh the DX, Guild I say: wrote that uh right hand. This is something that I talked with Ross yesterday. We need to take first action.

E

To deploy the tools and make sure that we are going to have everything that everything we need technically for us to execute our our governance decisions right. So uh this is something that that we talked that it is plan that that is going to happen. So we are taking action on that I don't know Ross. Do you want to add something else.

D

uh I, don't think so necessarily yeah I, don't know if there's any like direct questions on the dxt guilds, I think the thread's been pretty a pretty good discussion so far, um yeah I think having the having the tools in places like the first step and if there's uh additional need or like want for fermenting some more red. We can kind of approach that as we go and yeah just seeing Connor um highlight something that I was mentioning. We should probably burn this rep.

D

um It could be interesting to leave some of the rep. As a like signal for the DxD guilds. We will need to see how that like uh how that evolves with governance 2.0, but it doesn't make sense for the dxt kill to have any large amount of rep Beyond governance 2.0, and this is the short term um allowing DST holders to have a voice.

E

I think they're very important role of EFT is to have a place where only DXE holders right can make decisions. Governor 2.0 is going to create this uh hybrid DSL, where we are going to have rep and DXE coders. Making decisions, but having the DFC Guild again is a is a great Tool.

E

uh It's a great place where we will uh will want to make decisions or need again on China, plural of the exec holders, so in the future living like I know, let's say 0.1 percent of reputation to the DFC Guild, just to make sure that we are going that we can have that signal. Approval on proposal from the exit holders is very valuable uh for now, like I shall say on the on the dial talk on on the auto topic: the DXE Guild, with rep voting on DX on DXL governance.

E

uh That's a that's a week. Technical implementation is something that it will work, but this is not what we desire right. The the end, the end result. What we really want is Covenant 2.0, with a more natural integration of exe, cordless and reputation holders. Now we need a DX gear, even more importantly, to make decisions on the DXE token DXE token working group. So we are going to uh came to a decision there that it is a requirement to have unchain approval by the exec holder.

E

So this is going to put some pressure on the on the DX Squad to have something ready before the DXE token work, uh token working, group and and I think that is going to be the first very important decision, because the txc token is an is a it's a crucial part right. It's a very important part of our office DXL. So we are recognizing the the importance of the dxr holders in in the process.

A

Excellent well, thank you very much Augusto and thank you for coming. Ross um I was going to ping you, but I figured you were out and about also another great Lo-Fi tune here.

A

Cool well, like I mentioned this gets through the main agenda for today. uh If there's any questions or topics that we have not covered, feel free to step up here, uh I think Adam, uh just as we're about to roll into the uh to the outro here, um I think, there's a little bit of nimi Alpha that you wanted to share if you're still up for that feel free to do so.

C

Sure so, if you need me, we started like onboarding a new developer to help us with some of the front-end work, um also like decided to add, like a few minutes to our widgets.

C

So in the next release, you're going to be able to select an nft that you own uh from any collection that you own um as a display image, and then we might like have some sort of a hexagon shape to indicate that this is like an nft and obviously we're going to verify that you own it on the back end, but also I will also adding okay poapp editor, so you should be able to select and showcase your favorite Pro apps right now, when you add the power we just, we select the most eight recent ones.

C

With this change, you will be able to Showcase your favorite ones. So those are the two things just for now.

A

Super super cool. Thank you Adam, uh to show the little one of those Twitter memes in the chat here. I'm, not sure if you had anything visually to back it up that you wanted to tease, uh feel free to do so in the chat. um Otherwise, thanks again uh for the alpha here,.

A

Cool we'll just see some room for typing here um letting katilin hype up. If anyone has any thoughts, questions comments uh feel free to leave them here. Otherwise, we'll just wrap up the call foreign.

A

Here we go some nimi Alpha here in the chat, those of you on the recording you'll have to swing by the mothership in Discord to find.

A

Cool cool, excellent. Well, thank you very much. Everyone for attending, of course, enjoy your merge um love to see uh the merch going through successfully. uh It looks like The. Dumping has stopped for the day, hopefully, uh but you never know um again um last call of attention. Of course, um infinite hackathons is infinite, dash hackathons, dot limo, if you haven't already to apply for infinite uh in Bogota, we'll be having some grants.

A

Hacker House a lot of interesting things to sign up for, and just seeing uh some fun in the chat here, uh slowly typing sentences that have no no substance, but can't even wait till the end of the call cancel it just wants a call to run. You know.

A

Cool well thanks again, everyone I appreciate each and every one of you. We will see you next week same time same place: 1500 UTC, I, believe it's Thursday, the 22nd uh thanks again and we'll see you next week cheers.

B