►
From YouTube: DXdao Community Call [2022-06-16] (audio)
Description
We apologize for the inconvenience, but unfortunately the Discord recording bot had a technical issue and the recording was cut short after 21 minutes.
00:06 Welcome
01:10 Governance recaps
04:30 Buyback Status
08:01 Swapr Beta V13
12:34 DXdao.eth V1.1.0
14:17 stETH Discussion
21:15 Recording ends.
A
Hello,
hello
and
good
morning,
everybody
I'm
your
host
keenan.
Welcome
to
the
june
16
2022
weekly,
dx
style
community
call
in
case
you
missed
it.
We've
been
experimenting
with
twitter
spaces.
Recently
in
anticipation
of
operation,
decentralization
dx
does
very
on
live,
show
all
about
decentralization,
we'll
be
featuring
a
lot
of
interesting
guests.
A
You
can
always
find
the
upcoming
community
call
in
the
events
tab
at
the
top
of
this
server
under
the
banner
and
the
events,
tab
and
discord,
you
can
opt
into
the
event.
You'll
get
a
ping
before
it
starts
probably
worth
your
time
and
going
forward
we're
probably
gonna
experiment
with
other
calls.
Other
events
directly
in
the
tab
as
well,
so
keep
an
eye
on
it.
Anyhow,
yeah
without
further
ado.
Let's
hop
right
into
the
agenda,
kicking
us
off
with
some
recaps
on
the
governance
side.
B
I
am
and
apologies
to
those
who
are
joined
now
by
my
neighbor
in
my
office,
who
may
be
playing
some
speakers
here,
but
yeah
in
governance.
The
last
couple
weeks
have
been
keeping
at
it
despite
the
market
turbulence.
If
we
go
back
to
the
prior
week,
there
were
a
bunch
of
farming
proposals
on
both
xdy
and
I'm
sorry
excuse
me
gnosis
chain
and
arbitrary.
B
There.
There
were
also
a
set
of
spring
cleaning
proposals
that
have
gone
through.
These
are
set
to
deregister
some
schemes
from
the
dx
dial
base
on
gnosis
chain.
These
are
schemes
that
have
not
been
used
in
a
while
and
some
that
were
test
yeah
testing
ones
there.
So
we
had
some
proposals
to
get
rid
of
them.
As
always,
there's
been
some
buyback.
B
We
had
the
geeksdown.eath
proposal,
update
and
also
the
swapper.eth
beta
proposal,
which
I
believe
is
boosted
right
now
and
then
there's
also
some
interesting,
an
interesting
proposal.
Right
now,
that's
live
that
we
chatted
about
yesterday
on
the
governance
discussion,
the
dev
xag
proposal
on
both
gnosis
chain
and
mainnet.
This
will
this
is
in
follow-up
to
the
call
for
payment
facilitators,
and
so
this
would
be
an
entity
that
would
help
european-based
contributors
get
paid
through
a
more
easy
fiat
system,
and
so
this
is
a
proposal.
B
That's
been
worked
on
a
lot
by
a
lot
of
people
in
the
community
and
there's
some
really
good
response.
I
think
on
the
forum
for
some
contributors,
who
would
be
taking
advantage
of
this
there,
so
that
proposal
is
live
on
gnosis
chain
and
then
there's
also
a
corresponding
mainnet
proposal
to
fund
the
addition,
the
entity
with
some
funds
in
order
to
begin
paying
contributors
through
that
and
then
yeah.
B
The
last
thing
is
there
are
a
couple
dxd
vesting
proposals
that
you'll
see,
and
so
maybe
people
following
on
dxd
there's
some
additional
dxd
movements.
So
these
aren't
new
issuance.
These
are
simply
contributors
claiming
dxd
that
they've
earned
since
their
time
at
dx,
dow.
So
there's
one
on
mainnet
for
gusto
l,
and
this
is
dxd
going
back
to
the
fall
of
2020
as
well
as
violets
on
noses
change,
so
those
are
coming
on
both
noses
chain
and
mainnet
and
yeah.
A
B
Maybe
light
check,
I
guess
is
there
I
mean
I
think
it's
going
and
there's
yeah
I
mean
the
volume
has
dropped
for
xd.
I
mean
it's
for
dxd
a
lot,
so
the
number
did
decrease
amount
there
and
going
to
get
another
update
today
or
tomorrow
on
the
buyback
there,
but
I
think
there's
been
some
yeah
dave
is
taking
his
portuguese
holiday.
Of
course.
Remember
that
yeah.
B
Yeah
there
was
yeah.
This
was,
I
know
yesterday
david
trouble
submitting
one,
and
then
I
forgot
again
that
he's
on
his
portuguese
holiday
today
there
so
yeah
I
mean
the
volume
is
going.
As
I
said,
ramp
up
hard,
and
you
know
I
think,
there's
been
a
lot
of
movement
in
the
dx
price
of
dxd
over
the
last
couple
of
weeks.
B
I
think
in
general,
like
as
volumes
are
going
to
decrease
across
the
space
here,
I
think
the
same
thing
will
happen
with
ext
buybacks,
but
actually
that's
not.
I
think
it's
kind
of
good,
because
it's
important,
I
think,
for
these
to
be
like
at
the
pace
of
the
market
and
at
the
pace
of
like
dxd
liquidity,
and
I
think,
that's
proven
to
be
the
best
way
to
like
acquire
dxd
in
the
most
capital
efficient
way
over
the
last
year.
And
so
I
think
yeah
adjusting
to
that
is
is
good.
A
D
D
D
We
enabled
single
tokens
taking
we
enabled
multiple
rewards
up
to
four
awards.
We've
done
a
lot
of
cool
stuff
and
next
up
we'll
be
simulating
price,
simulating
how
much
it's
taken.
So
it's
probably
going
to
be
one
of
the
best
farming
simulator
out
there.
Whatever
for
for
the
farmer
farmer
creators,
I
think
it's
a
pretty
cool
tool.
D
D
So
we
already
have
beta
14
lined
up
with
a
lot
of
features.
One
of
them,
I'm
super
excited
for
is
cal
protocol
integration
currently
working
on
some
on
some
stuff
that
that
is
exclusively
for
protocol.
That
is
that
will
change
a
little
bit
on
the
swapper
phase,
but
I
think
super
exciting
to
to
great
capital.
I
don't
think
anyone
else
created
a
carport
goal
yet
so
I'm
super
excited
for
this
yeah,
that's
stuff
on.
A
D
I
mean
one
quick
fact
here:
also
cal
protocol
actually
has
limit
orders
or
all
cow
protocol.
Orders
is
limit,
orders,
people
just
don't
know
it.
The
ui
doesn't
actually
tell
you
this,
and
this
is
something
swapper
will
try
to
integrate,
so
we're
not
only
integrating
the
car
protocol
but
we're
also
giving
an
interface
to
this
limit
order
for
car
protocol.
So
yeah
I
mean
I
don't
know
why
cow
swap
doesn't
have
that
interface
yet,
but
limit
orders
through
cow
will
be
also
available
soon.
A
A
Cool
cool
and
just
for
audio
or
recording
listeners,
we
have
zags
our
connor
pushing
through
a
buyback
live
here
in
the
chat,
so
dc
price
moving
around
a
little
bit,
but
let's
chat
the
dxdow.eath
update.
I
want
to
give
a
little
call
of
attention
to
this
because
it's
a
fun
little
initiative
just
going
to
drop
a
link
in
the
chat
here.
A
And
there's
the
the
link
in
the
chat
to
the
github
repo,
but
yeah
we
had
a.
We
received
a
clarity
update
to
the
extend
on
eth
yesterday.
I
believe
it
was
executed
most
interestingly
and
I'm
sure
sid
here
at
the
call
we'll
be
happy
to
hear
we're
now
using
the
limo
service
for
all
redirection
over
the
dot
link
service.
We've
been
struggling,
a
lot
with
dot
link,
we've
had
infinite
problems
with
cloudflare,
so
moving
over
to
limo
for
all
of
our
official
sources
and
obviously
we're
we're
good
friends
with
the
limo
folks.
A
Our
partners,
vision
areas,
we
updated
those
for
some
new
developments,
new
partners,
etc
also
changing,
of
course,
xdi
to
gnosis
chain,
which
is
a
relatively
recent
development.
A
lot
of
different
priority
updates.
You
know
which
products
we're
highlighting
and
lots
of
general
fixes
grammar
dead
links.
A
All
in
all
it'll
be
a
much
better
experience
visiting
the
extend.e.
Now,
if
there's
any
information
missing
before
anything
that
seemed
out
of
place,
it
should
be
fixed
now,
bar
a
few
very,
very
minor
typos.
I
believe
so.
Yeah
take
a
look
at
that
dxdow.edu.
Hopefully,
everyone
here
is
familiar
with
our
frontend
anyhow
and
yeah.
A
A
A
Everyone
is
kind
of
looking
for
dpegs
and
where
the
weaknesses
are
in
the
market
and
pegs
and
everything,
and
then
that
kind
of
led
to
like
usdt
fears
and
everyone
was
exiting
usdt
for
a
while,
and
then
they
were
honoring,
redemptions
and
and
tweeting
all
about
how
their
their
commercial
papers
are
being
reduced
and
everything.
But
people
were
identifying
like
where
weaknesses
are
and
staked
eath
was
kind
of
the
next
target,
a
relatively
illiquid
claim
on
the
underlying
eat
and
there's
a
lot
of
eat
locked
up
in
lido
right.
A
So
it's
different
because
of
the
claim
and
at
the
time
of
the
post,
the
ratio
is,
I
think,
0.97
ish,
which
is
a
three
percent
discount.
If
you
did
a
101
conversion
today-
and
I
just
checked
just
for
this-
call-
it's
roughly
0.94
or
6
percent-
and
it's
continuing
to
move
downwards
over
the
last
couple
days
and
the
reason
it's
dropping
is
just
liquidity.
You
know
people
want
to
sell,
eat
holdings
and
liquid
sticking
options
like
stick
d.
They
have
to
sell
it
for
eat.
A
First,
of
course,
there's
also
dozens
and
dozens
of
levered
strategies
that
you
may
have
seen
in
d5
in
the
last
couple
years,
not
a
couple
years
rather
but
couple
months,
you
know
levering
up
your
stake,
deep
borrowing
against
it,
depositing
on
a
curve
barring
against
that.
So
there's
a
couple
of
those
strategies
that
are
at
risk
as
well,
and
then
a
lot
of
major
groups
celsius
cough
cough
holding
considerable
debt
against
ave.
So
there's
lots
of
room
for
this
to
continue
downwards.
A
I
don't
see
any
reason
why
I
would
level
off
necessarily
now,
at
least
for
a
while.
I
expect
it
to
continue
to
trend
down
yeah
like
the
factors
in
the
fear
of
them.
I
think,
is
kind
of
the
thing
to
look
out
for
which
leads
to
the
opportunity
who's.
The
doomer
now
I'm
seeing
in
in
chat
leading
to
the
opportunity,
which
is
that
dieg
style
has
been
including
steak
eat
in
a
variety
of
different
protocols
into
its
treasury
strategy.
A
Lately
it's
a
low-risk
way
to
excess
yield
on
our
idle
eath,
and
you
know
our
ethos
has
been
sitting
in
the
treasury
for
some
time.
If
I'm
correct,
we
own
roughly
500
lido
state
300
stakewise,
is
it
s
e3
and
then
200
rocket
pool
are
eath.
That's
off
members.
Hopefully
that's
accurate,
but
yeah
so
like
we
are
we're
already
experimenting
with
staked
e
to
me.
A
The
opportunity
lies
or
like
the
best
case,
to
take
advantage
of
this
would
be
a
kind
of
even
dollar
cost
averaging
strategy
of
converting
some
eat
to
steak,
to
eat
in
lido,
provided
it's
within
or
below
a
certain
discount
range.
So
we
can
do
a
small
amount,
while
it's
remaining
around
a
five
six
percent
discount
amp
that
up
going
forward.
A
A
But
considering
all
that
we've
been
discussing,
you
know
the
possibilities.
Everything
in
the
chats
I've
been
chatting.
The
form
governance
calls.
I
think
the
general
consensus
is
that
the
opportunity
is
there
it's
a
great
opportunity,
but
we
want
to
avoid
propagating
centralization
of
the
eth
network.
We
don't
want
to
inadvertently,
be
you
know,
pushing
lydo
further
than
than
it
needs
to
be,
and
it's
also
a
protocol
risk
as
well.
A
A
If
I'm
correct
in
500
increments,
I
think
the
first
500
just
passed
on
chain
yesterday
with
another
one
passing
today,
maybe-
and
I
think,
there's
discussion
about-
maybe
deferring
the
additional
1000
or
even
1500
e
for
this
discussion
to
kind
of
take
place
and
make
sure
that
we're
making
the
right
decision
and
the
best
kind
of
cost
benefit
opportunity
for
dx
tao.
Chris.
I'm
not
sure
if
you
want
to
or
you
had
any
comments
or
want
to
pay
me
color
from
the
governance
side
of
things.
Regarding
this.
B
B
B
That
was
based
upon
a
signal
provo
proposal
that
was
submitted
by
statewise
about
three
weeks
ago
about
allocating
an
additional
two
thousand
eighth
of
deke
south
treasury
to
stick
with
statewide
that
this
was
the
one
that
passed
last
night
was
the
first
of
potentially
four
proposals
to
execute
that.
The
second
proposal
you
mentioned
is
actually
not
gonna.
It
is
just
submitted
and
it's
actually
still
pending
boost.
B
This
is
one
way
where
that
extra
transaction
can
actually
be
used
to
the
advantage,
because
it
actually
hasn't
started
the
seven
day
period
for
voting
there.
So
those
are
the
two
proposals
that
are
like,
or
so
one
proposal
just
passed
last
night
and
needs
to
be
executed
and
then
there's
a
proposal
that
would
be
that
could
potentially
pass
in
seven
days
to
stake
another
500
through
stakewise.
B
Should
that
increase
right,
and
so
this
is
a
discussion
we
had
the
last
couple
months
right
where
we
did
that
initial
500
of
geek
styles
about
ten
thousand
each
there,
and
so
we've
that
initial
500
and
the
discussion
was
to
increase
that
by
an
additional
two
thousand
and
that's
what
these
proposals
that
are
that
are
going
through
now
are
intended
to
do
so.
We
are.
The
proposal
is
passed
for
500
of
that
2
000..
B
So
I
think,
there's
a
question
of
one:
should
we
try
to
should
take
style,
try
to
increase
the
amount
of
state
heath
it
has
in
light
of
the
pegging
the
de-pegging
of
the
lido
state.
Eath,
that's
the
first
question
or
second
should
some
of
the
already
allocated
beef
that
is
set
to
be
staked
through
stakewise
should
some
of
that
be
reallocated
or,
of
course,
changed
to
purchase
lido
steak
eat
instead,
because
that
one
obviously
would
have
you
know
a
six
percent
discount
to
it
as
opposed
to
stakewise
one
which
is
still
trading.