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From YouTube: DXD Monetary Policy Monthly Meeting [2023-02-23]
Description
Learnings of DXD token model so far along with some charts and data of past redemptions and outlook.
A
Welcome
to
DHC
monetary
policy
committee
meeting
for
February
23
2023
1600
UTC,
so
this
is
the
monthly
meeting
to
go
over
aspects
of
DxD
monetary
policy
as
it
relates
to
the
new
token
model
and
some
other
elements.
So
you
can
see
here
just
an
event
agenda.
For
today
we
go
over
some
redemptor
stats.
We
pull
these
together
and
and
kind
of
look
at
how
that's
affect
GXT
volume
liquidity
as
always,
and
then
yeah
some
of
the
other
adjustments
we
can
make
and
open
discussion
actually
I'm.
Looking
at
this
now.
C
A
Far
and
what
are
good
ways
to
improve,
and
then,
as
as
always
kind
of
continuing
the
long
term
tools,
conversation
figuring
out
what
what
would
need
to
be
done
on.
You
know,
on
top
of
the
existing
tools
that
we
have
and
then
also
wanted
to
just
open
up
for
discussion
a
little
bit
about
the
treasury
manager,
search
that
deeked
out
is
undergoing
now.
There's
been
a
lot
of
really
good
candidates,
I
think
come
in
and
we've
had
some
discussions
there
and
just
wanted
to
carve.
A
See
screen
here,
yeah,
so
just
reiteration
the
dial
commitment.
I
think
this
is
something
that
I
at
least
find
very
important.
That
geek
style
has
credibility
that
when
it
passes
things,
it
follows
through
on
those,
and
that
is
a
testament
to
governance
executing
on
the
will
of
the
the
voters
the
will
of
the
extout
governance.
So
the
new
DxD
model
really
had
a
couple
big
commitments:
the
three
ones
right
introduce
these
new
Tools
in
ght
monetary
policy.
A
So
those
are
the
kind
of
three
things
that
we're
thinking
about
as
we
go
into
this
looking
at
volume
and
liquidity
over
the
last
month
or
two
here
you
can
see
here
it
is
gone
down
a
little
bit,
but
it's
still
been
consistent
with
a
lot
of
activity,
switching
to
swapper
mainnet.
So,
just
to
kind
of
look
here
at
some
of
the
the
numbers
over
the
last.
A
B
A
Net
and
that's
mostly
just
because
swappers
liquidity
size
has
increased
because
deep
style
is
now
provisioning
liquidity
directly
on
that.
So
it's
taking
up
a
larger
share
of
that.
I
should
note
when
we're
counting
this
volume,
we're
not
including
the
Cal
swap
trades
that
teach
Dow
is
doing
through
the
new
token
model.
So
that's
actually
a
huge
amount
of
volume
that
that
is
happening,
but
I
don't
think
it's
necessarily
fair
to
use
that
as
an
accurate
measure
of
the
daily
volume.
A
Even
though,
obviously
a
lot
of
this
volume
itself
is
correlated
with
some
of
the
the
monetary
tools
being
used,
but
yeah
I
think
this
is
yeah.
I
think
the
key
thing
here
is
more
looking
at
how
Swamper
has
some
Unchained
liquidity
and
we're
looking
to
increase
that
more
separate
from
doing
the
BuyBacks
and
and
other
things.
So
the
bigger
I
think
moves
in
the
last
month
or
two
have
been
on
the
Redemption
bouncer
stats.
So
Ross
do
you
want
to
maybe
go
over
some
of
these
and
highlight.
C
Sure
yeah,
so
the
Redemption
balancers
have
been
going
on
for
two
months
now
there
are
a
total
of
13
with
almost
10
000,
DxD
redeemed
and
then
2872
eth
and
almost
2
million
dollars
of
stables
have
gone
out
for
those
DxD
redeemed.
You
can
see
this
data
here.
This
is
also
all
on
the
spreadsheet
link.
Is
here
and
yeah.
Note
that
so
average
price
of
DxD
that's
been
acquired
is
712
dollars.
C
You
can
see
the
current
Redemption
price
is
500
758
and
then
this
Redemption
price,
if
no
redemptions,
that's
the
price
that
we
that
DxD
would
be
at.
If
there
hadn't
been
any
Redemption
balancers.
You
can
actually
look
down
here
at
the
bottom
and
see
what
that
price
would
be
if
there
were
no
BuyBacks
at
all,
so
that
looks
back
whatever
the
last
year
or
so
for
all
the
all.
C
The
BuyBacks
that
have
gone
on
in
the
past
I
actually
think
it's
quite
interesting
to
look
at
we're
sort
of
up
at
the
70
of
redemption
balance
or
like
the
at
the
70
Redemption.
But
a
lot
of
the
BuyBacks
earlier
on
were
much
lower
than
70.
So
you
can
see
the
the
sort
of
it.
It
was
about
three
million
dollars,
I
think
that
bought
the
same
9
million.
Sorry,
nine
thousand
DxD
earlier.
A
Up
yeah
and
just
a
quick,
so
I
have
a
number
on
the
buyback
amounts.
The
average
purchase
of
those
this
would
not
include
the
Redemption
bouncers,
but
everything
that
is
in
purchased
first
through
Mesa
and
then
now
through
Cal
swap
18
500
DxD
at
0.27,
DxD
per
per
eth
right
and
so
right
now,
I
think
we're
trading
at
0.45.
And
if
you
look
at
the
average
mint
from
the
bonding
curve,
I
think
it's
actually
close.
A
It's
below
point
four
in
terms
of
like
the
average
txt
was
when
it
was
minted
there,
so
yeah
I
just
think
in
terms
of
obviously
this
has
been
almost
you
know.
This
is
going
back
since
May
of
2021.
So
it's
a
long
time,
but
it
does
kind
of
underscore
that
there
was
yeah
already
14k
purchase
before
this
new
token
model,
which,
since
that's
been
passed,
there's
about
a
little
under
12
000,
that's
been
acquired.
C
C
Yeah,
so
this
is
just
looking
at
the
Redemption
balancers.
We
can
see
that
the
first
two
were
the
biggest
and
then
these
smaller,
a
sort
of
a
long
string
of
smaller
ones
have
been
happening.
Since
then,
I
think
one
of
the
things
that's
quite
interesting
to
look
at
is
so,
of
course,
these
first
two
wouldn't
have
been
possible
to
include
as
cow
swap
BuyBacks,
but
all
of
the
smaller
little
ones
here
are
of
the
size
that
they
could
have
interacted
directly
with
cow
swap
to
get
the
same
result.
C
Essentially
so
yeah
big.
We
may
have
big
ones
again
in
the
future,
but
there
haven't
been
in
in
the
last
month,
yeah.
Okay,
next
slide,
you
just
see
that
the
dxt
price
has
remained
mostly
constant.
The
DxD
prices
sort
of
it
does
its
own
thing.
I
think
this
data
really
needs
to
be
looked
at
over
a
longer
period
of
time.
It's
it's
hard
to
sort
of
figure
out
exactly
what
the
signal
is
with
the
volatility
of
eth
and
other.
A
A
Just
like
that,
it's
you
know,
obviously
deep
style.
You
know
from
the
beginning
has
been
highly
highly
invested
and
correlated
with
Ethan
I.
Think
that's
very
much
part
of
the
ethos,
I
think
in
terms
of
decentralization.
What
I
also
think
in
terms
of
people's
exposure
and
kind
of
commitment
to
an
ecosystem,
so
the
eat
price
is
just
relevant.
I
know
that
people
are
are
tracking
and
it's
interesting
to
know
how
that
changes
with
the
how
the
price
of
eth
goes
up
or
down
right.
A
So
we
can
see
this
from
when
there
are
proposals
submitted
to
for
the
cow
swap
for
cow,
swap
orders
those,
since
those
orders
are
priced
in
eth,
we
get
like
a
snapshot
of
what
the
price
of
those
has
been
at
and
counterintuitively
when
the
price
of
eth
goes
up,
the
price
in
East
to
DxD
terms
actually
goes
down
a
little
bit,
because
the
treasury
is
only
two-thirds
each.
So
then,
like
the
value
of
that
goes
up
in
general,
so
you
can
see
here.
The
three
ones
have
been
submitted
at
slightly
different
amounts
right.
A
This
is
0.4642
this
one's
0.54
and
this
one
was
0.457
and
then
the
most
recent
one
was
also
at
0.457.
It's
basically
the
exact
same
amount.
We
can
see
here
in
the
first
yeah
you
can
see
here,
0.46
probably
used
to
attract
DC
price
versus
the
theoretical
basket
of
two-thirds
plus
one
third
USD
to
show
actual
relevant
signals.
I
completely
agree.
The
one
trick
to
there's
two
tricks
to
this
is
being
able
to
track
that
over
over
time
and
be
able
to
treasury
I
think
would
be
really
interesting.
A
A
This
is
like
what
is
the
as
an
asset
like
as
an
exposure
and
I.
Think
like
two-thirds
eth
is
a
pretty
nice
one
to
be
at
and
then
also
in
terms
of
like
having
the
liquidity
to
exit.
I
think
is
a
very
strong
selling
point,
so
I
do
think
it's
very
important
to
be
aware
of
the
eth
exposure,
and
that
is
one
of
the
things
that
maybe
maybe
Jump
Ahead
a
little
bit.
But
when
we
get
to
using
a
Redemption
balancers
versus
the
cow
swap
orders,
the
cow
swap.
A
Orders
are
right
now
only
in
East,
primarily
because,
like
that,
the
price
of
of
Youth
is
fluctuating
so
much
that
it's
hard
to
do
that
over
the
16-day
period
And.
So
whenever
we
keep
using
those
orders
that
actually
distorts
the
treasury
a
little
bit,
and
so
we
have
to
be
mindful
of
that
to
make
sure
that
we're
yeah
keeping
it
in
this
little
soft
consensus
of
like
a
two-thirds
exposure
to
eth.
A
C
C
Data
here
is
from
looking
back
at
the
spreadsheet,
so
there
could
be
some
some
slight
inaccuracies
on
the
on
the
sizing
there,
but
you
can
see
the
the
relative
size
of
the
different
BuyBacks
at
the
bottom.
Here
you
see
zag
zao's
at
the
beginning
on
the
18th
of
of
January,
and
then
there
were
a
number
on
the
27th
as
well,
and
then
on
the
28th,
the
11th
and
the
21st.
You
can
see
the
400
eighth
cow
swap
orders
there
so
I
to
me.
C
The
the
sort
of
big
piece
here
is
that
there
hasn't
been
this
Mass
outflow
from
DxD.
There
have
been
definitely
been
redemptions.
There
has
been
money
going
out,
but
it
has
been
a
you
know.
It's
been
a
a
reasonable
process
and
it
doesn't
seem
like
it's
endangering
Runway
I'm
sort
of
getting
ahead
of
myself
here.
So
have
we
have
a
few
things
looking
at
the
learnings
from
these
two
months
of
redemptions,
the
first
piece
being
just
that
they've
all
been
approved?
C
The
Dow
is
is
building
credibility
that
they
will
be
here.
We
understand
that
there
are
can
still
be
process
improvements
on
that,
but
in
terms
of
credibility,
there's
I
think
there's
a
good
track
record.
So
far
we
have
the
two
larger
redemptions
right
at
the
beginning
and
then
a
tale
of
smaller
ones
and
then
there's
also
the
1200
eth.
C
That's
gone
out
on
cow,
swap,
as
I
mentioned
before,
almost
all
of
the
smaller
orders
could
have
been
executed
by
a
cow
swap
without
having
to
send
DxD
to
the
Dow
without
having
to
wait
the
wait
to
eight
days,
so
we
probably
should
be
thinking
a
bit
more
about
what
makes
people
choose
one
way
or
the
other.
Is
it
just
a
question
of
whether
people
are
aware
of
the
orders
how
to
interact
with
them
because
they,
if
we're
doing
them
anyway,
they
are
definitely
an
easier.
C
They
should
be
an
easier
way
for
smaller
holders
to
sort
of
exit
in
that
way,
and
so
all
the
recent
redemptions
and
the
BuyBacks
have
been
occurring
at
seven
percent
nav
and
then
the
DxD
price
is
still
lagging,
that
it's
a
little
below
I.
Think
that's
reasonable
to
expect
that
it
won't.
It
won't
be
exactly
at
70
percent,
but
it's
worth
tracking
to
see
how
that.
B
C
That
changes
over
time
and
as
I
mentioned,
it
doesn't
appear
that
they're
rushed
to
the
exits
they're
still
plenty
of
Runway.
The
funds
are
still
still
hanging
round
and
there's
so
the
the
six
percent
product
funding
commitment
is
is
still
there.
So
then
that
would
be
1.7
million
based
on
the
current
treasury
size,
which
is
about
10
less
than
the
current
2023
first
half
of
2023
budget
extrapolated
over
a
year.
B
A
A
One,
of
course,
is
redemptions
themselves,
so
we
just
mentioned
before
that
the
DHD
prices
increased
10
10.9
from
redemptions,
so
that's
already
more
than
the
potential
six
percent
decline
that
you
would
get
from
a
product
funding
and
commitment.
So
there's
just
a
couple
different
elements
to
think
of
there.
There,
the
other
things,
the
other
things
to
kind
of
note,
in
terms
of
how
what
affects
that
and
what
you
know,
dxt
holders
should
be
thinking
about
here.
The
other
one
is
in
terms
of
contributors
vested
dxt
me.
So
that's
an
issuance
amount.
A
That
happens.
We
see
that
on
the
chart,
so
contributors
receive
a
portion
of
their
compensation
in
DxD,
and
this
is
vested
over
three
years
with
a
one-year
Cliff.
So
you
can
see
that
after
one
year
you
start
to
see
some
dxt
issuance
so
that
affects
the
circulating
Supply.
The
other
thing
I,
don't
want
to
copy
this.
That
obviously,
would
affect
things
is
revenue
and
you
know
I
think
one
of
the
underrated
things
maybe
about
swappers.
There
is
kind
of
some
Revenue
I
think
this
is
collected
just
two
or
three
months
ago.
C
B
A
And
then,
if
you
look
at
some
of
the
yielding
that
you
know
you
just
eat
steak,
yielding
there
is
like
some
revenues
coming
in
there.
So
that's
another
important
important
element
to
the
equation
and
I
also
think
going
forward.
Like
you
know,
having
some
you
know,
supplementing
some
of
the
treasury
burn
with
actual
revenue
is,
is
very
important
into
long-term
sustainability
and
I'm
yeah,
hoping
we
can
get
there.
A
C
B
Yeah
I'm
happy
to
elaborate
on
that.
Can
you
hear
me
by
the
way?
Yes,
sir,
so
yeah,
basically
the
way
I?
Think
of
it
is
you
know
the
treasury?
You
guys
have
protocols
and
other
products
you're
developing,
so
to
be
able
to
pay
the
salaries
of
all
the
operations
and
that
further
development,
the
treasury
is
essentially
the
runway
and
with
redemptions
and
BuyBacks.
Obviously,
that
impacts
that
Runway
right
and
so
understanding
the
Redemption
process
and
how
much
or
how
little
that
may
be
in
relation
to
the
runway.
A
A
A
A
New
token
model
was
kind
of
start
started
being
executed,
and
that
basically,
will
give
us
a
couple
months
to
see
how
things
kind
of
shake
out
with
the
treasury
and
then
hopefully,
by
April
and
May,
there's
a
little
bit
more
clear
understanding
of
both
like
what
is
the
potential
size
of
the
funding
for
the
second
half
of
the
year
and
then
like
yeah,
to
your
point
like
what
would
that
look
like
across
guilds
and
yeah
I
think
we
need
to
learn
how
to
kind
of
do
that
mode.
Take
some
some
effort
across.
A
A
eth,
and
that
was
the
reason
that
that
was
done.
That
way,
rather
than
doing
like
I
think
the
other
ones
were
like
every
eight
or
nine
days,
and
the
other
is
because
partially
because
I'm
also
figuring
out
how
to
do
these
orders.
Myself.
Dave
has
done
them
in
the
past,
and
so
I
was
yeah.
So
I
took
a
little
couple
days
to
do
that,
but
the
hope
is
that
those
will
be
perennial
every
five
days
for
those
of
200.
A
It
doesn't
look
like
that
would
work,
because
Cal
swap
is
basically
like
pigeonholed
us
into
only
having
these
liquidity
orders.
So
we
cannot
actually
do
Market
buys
right
now,
but
I
do
think
it's
something
that
I
would
like
to
do
in
conjunction
with
the
weather
is
the
other
reason
why
the
weft
orders
were
smaller
is
to
do
dollar
buys
on
that
as
well.
Obviously,
the
the
16-day
wait
period
is
very
difficult
for
that
one,
but
yeah.
A
B
A
And
kind
of
there-
and
you
know
that's-
why
I
kind
of
educating
people
now
and
especially
like
being
clear
to
DxD
holders
on
what
to
expect
from
a
resource
treasury
expenditure
I
think
is
important.
Yes,
that
is
true.
I
need
to
get
a
I.
Think
I
have
a
couple
hours
to
do.
Yes,
I
need
to
submit
a
wrapped
weth
order
to
our
mimic
Vault
that
automatically
wraps
it
and
sends
it
back
that
can
actually
go
through
the
normal
funding
and
voting
power
scheme.
A
A
And
you
know
a
little
tangent
but
I
I
was
kind
of
I'd,
say
proud.
When
ens
got
some
attention
from
I
think
some
big
wigs
in
terms
of
using
cow
swap
for
such
a
large
order,
I
think
I
was
proud
to
be
like
well.
Deeks
Dow
has
been
doing
that
through
directly
through
the
Dow
since
last
November
on
Main,
net
and
I,
think
September
on
nurses,
chain
and
so
I
think.
There's
yeah
there's
a
lot
of
opportunity
to
what
we're.
B
C
Okay,
so
sort
of
changing
gears.
There
was
a
proposal
that
passed
recently
to
change
the
nav
calculation
weights,
so
ens
got
bumped
up
to
50.
Swapper
got
decreased
to
10,
and
this
was
mainly
to
protect
against
manipulation
and
volatility
in
the
swapper
price,
since
there's
little
liquidity
there
and
then
offsetting
that
with
offsetting
the
value
decrease
from
swapper,
with
some
value,
adding
that
to
50.
So
there's
more
value
in
the
ens
tokens
and
you
know
I
think
no
one.
C
A
Swapper
is
I
think
a
good
example
of
yeah
I
think
we
mentioned
here
some
of
the
manipulation
but
I
think
also
some
of
the
potential.
So
when
we
think
of
what
is
quote-unquote
backing
DxD
right,
it's
only
10
of
the
swapper
DX
out
owns
that's
not
to
say
that
dxt
holders
and
geek
style
does
not
like
have
a
right
to
that
value.
I
think
some
of
this
is
actually
I.
Think
about.
A
20
million
of
this
is
allocated
to
the
swapper
Dow
itself
whenever
that
is
like
fully
set
up,
but
it's
more
of
this
number
is
not
again
not
meant
to
take
away
from
the
claim,
but
it's
more
of
because
there
is
such
a
small
and
illiquid
asset
that
it
can't
contribute
to
these
kind
of
redemption
and
Buy-Back
measures,
because
that
just
affects
things.
But
to
me
it
represents
like
also
like
a
big
opportunity
for.
B
B
B
C
Now
they
got
front
run
by
coinbase
yeah,
although
no
token,
okay,
the
next
next
slide
protocol
on
liquidity.
So
the
original
proposal
approved
mandate
called
for
a
million
in
protocol
and
liquidity
for
DxD
eth
and,
as
you
can
see
here,
it
sort
of
talked
about
different
Milestones,
adding
adding
liquidity
at
different
times.
So
there's
about
400
000
in
liquidity
that
has
been
approved
to
be
added.
It's
sort
of
some
of
it's
been
added,
75,
eighth
and
148.
C
Dxd
is
still
sitting
in
the
in
the
what's
it
called
the
relayer
contract.
So
that
needs
just
a
one
more
proposal
and
a
bump
to
get
that
into
into
the
pool,
and
then
that
would
leave
another
600
000,
basically
that
to
to
reach
this
mandate,
I
think
originally
the
the
138th
and
300
DxD
was
the
250
000
called
here
at
the
60
of
nav.
But
prices
go
up,
prices
go
down,
so
it's
400
000.
Now,
anyway,
we've
hit
we've
hit
65.
C
So
it's
time
to
think
about
adding
more
and
then
there's
a
question
about
whether
you
know
hitting
70
for
a
consistent
period
of
time
is
reasonable,
given
how
the
model
is
working.
We
may
sort
of
float
slightly
below
it,
so
I
think
that
just
begs
the
question:
do
we
just
add
the
rest
of
the
600
000
now
or
is
there
a
reason
to
break
it
up
into
smaller
amounts.
A
A
I
want
to
see
the
performance
of
this,
because
you
know
there's
a
0.5
percent
fee,
LP
fee
on
this
and
I.
Imagine
that
has
helped
to
beat
impermanent
loss,
especially
because
it's
a
nicely
correlated
one
with
eth,
so
that
there
is
too
much
candy
Fork
has
been
a
LP
for
since
December
2020
and
it's
actually
made
it's
the
impermanent
loss
there
even
for
a
long
time,
and
it
wouldn't
have
a
fee.
C
A
It's
always
important
to
make
sure
that
there's
access
to
smaller
token
holders
and
having
them
come
in
and
x,
enter
and
exit
through
no
gnosis
chain.
I
think
is
important
and
yeah
and
then
just
a
reminder.
The
DxD
in
this
does
not
count
towards
circulating
Supply
and
then
the
eth
in
it
does
count
towards
the
treasury
nav.
So
there's
no
effect
on
the
treasury.
Nab.
B
B
C
C
I
know,
there's
there's
so
there's
in
the
original
wording.
There
was
talk
of
of
inverse
bonds.
You
know,
there's
been
some
thought
about
inverse
bonds,
but
I
think
there's
a
there's
a
way
that
you
there's
a
reasonable
way
to
think
about
a
Redemption
balancer
as
that
same
thing
as
an
eight-day
inverse
Bond
paying
out
a
70
with
the
eight
days.
C
Think
it's
a
good
sort
of
mindset
to
start
to
start
with
when
thinking
about
how
to
how
to
think
about
whether
we
want
to
change
this
and
how
to
change
it,
whether
the
duration
gets
longer,
whether
percentage
of
nav
changes
at
some
point,
but
we're
sort
of
starting
with
something
we
know
in
it
and
then
can
iterate
on
it.
I
think
is,
is
a
good.
C
So,
along
with
this
Redemption
process,
there
are
the
BuyBacks
that
can
be
seen
sort
of
working
hand
in
hand,
the
BuyBacks
being
the
cow
swap
order.
Specifically,
so
one
of
the
big
things
is
sort
of
an
internal
question
of
like
how
do
we
make
submitting
approving
getting
Cal?
Swap
orders
through
better
making
sure
that
they're
consistently
timed
that
the
process
is
consistent
and
that
they're
available
just
like
the
the
member
redempters
are,
and
this
will
improve
with
DX
gov
1.5.
C
A
A
Bit
better,
but
is
maybe
not
a
long-term
solution,
and
so
right
now,
with
the
16
day,
you
know
if
you,
if
we
went
back
to
December
and
we
can
see
how
great
I
think
cow
swap
is-
is
working.
We
could
go
through
the
process
of
getting
the
cow
swap
contracts
white
listed
on
the
eight
day
proposal
process.
That
probably
would
have
made
sense,
I
think
at
the
time
to
do
that
then,
because,
but
partly
that
is
because
Council
I
think
has
worked
so
well.
A
A
It
makes
more
sense
to
wait
for
governance
1.5,
which
this
is
basically
the
a
refactored
version
of
the
existing
Dow
stack
contracts
right,
the
ones
that
deep
style
is
running
on
holographic
consensus
and
and
and
and
everything.
So
it's
just
basically
a
cleaner
leaner
version
of
those
and
when
we
deploy
those
we'd
be
able
to
much
more
easily.
Like
add
things
like
this
and
so
I.
A
Hesitation
from
the
gov
team
to
want
to
do
some
work
on
this
when
it
will
be
obsolete
when
1.5
is
completed
timeline
for
that
I
would
say,
I
mean
it
looks
like
you
know,
famous
always
getting
in
trouble.
Giving
timelines,
but
I
would
not
think
it
would
be
in
another,
maybe
another,
two
months
there.
So
it's
something
to
to
think
about
whether
we
want
to
try
to
put
more
resources
into
whitelisting
cow,
swap.
A
This
Shane,
we
could
do
quick
orders
now
because
we
don't
have
a
white
list
for
the
multi-call
scheme.
So
that's
another
tool.
We
could
do
now.
Obviously,
we'd
have
to
transfer
funds
over
to
notice
his
chain,
but
maybe
and
actually
like
this
top
order.
There,
especially
I,
don't
know
if
the
top
is
on
gnosis
chain,
because
that
would
be
like
a
kind
of
cheap
way,
maybe
of
doing
that,
especially
if
you
do
it
in
dollars,
but
yeah
I
think
yeah.
C
A
C
C
A
Good
transition
to
maybe
just
another
big
item
that
dextao
has
been
considered
in
the
last
couple
weeks
is
so
we've
been
we're
in
the
process
of
transitioning
away
and
finding
a
new
entity
person
individual
group
to
serve
as
treasury
manager,
Steward
kind
of
whatever,
and
so
that
has
been
I
think
really
I.
Think
it's
been
exciting
because
there's
been
a
lot
of
interesting
applicants,
both
individuals
and
then
entities
themselves.
A
So
last
week
on
the
government's
discussion,
there
was
Copart
key
presented
their
proposal
to
basically
set
up
a
treasury,
Guild
themselves
and
kind
of
lead
things
than
yesterday
avant-garde
was
on
the
call
presenting
their
approach
in
a
proposal
for
for
doing
some,
some
Asset
Management
on
behalf
of
the
Dow
and
then
like
simultaneously
to
that
the
contributor,
X
and
operations
Guild
has
been
searching
for
an
individual
to
kill.
One
of
those.
One
of
them
is
one.
B
A
Obviously,
we've
kind
of
learned
a
little
bit
how
to
onboard
contributors
into
a
dowel.
Even
that
is
not
exactly
a
very
scientific
process.
It
takes
a
lot
of
back
and
forth
in
terms
of
finding
consensus
and
then
this
one's
a
little
bit
trickier
because
we
have
different
entities,
kind
of
offering
very
different
Services,
and
so
we
have
to
figure
out
how
we'll
manage
that.
A
But
yeah
I
just
wanted
to
call
attention
to
basically
these
two
post
here,
the
avant-garde
one
and
the
a
part
key
one
and
there's
also
videos
of
each
other
presentations
in
the
governance
proposal.
I
should
probably
attach
that
to
them
and
I.
Don't
know,
I
think
this
is
an
interesting
discussion
for
a
lot
of
these
things.
A
B
B
C
This
current
Connor
question,
but
the
one
from
the
meeting
last
yesterday
that
Connor
asked
about
you,
know
servicing
redemptions
really
having
a
plan,
for
that
is
important
right,
because
this
is
a
big
part
of
you
know.
This
monetary
policy
is
a
big
part
of
the
the
Dow
moving
forward
and
the
Dow's
policy
is
moving
forward
and
being
able
to
deal
with
that
in
one
way
or
another,
is,
is
I,
think
very
important
for
for
someone
doing
that,
job
right
and
being
being
able
to
fulfill
the
needs
of
the
Dao.
A
A
And
then
yeah,
I,
guess
Connor
just
to
answer
questions
I
think.
As
Ross
said,
Ross
he's
working
part-time
for
candy
Fork.
You
can
look
on
chain
and
see
how
much
he's
getting
paid
if
you're
interested
it's
kind
of
coming
straight
from
candy
Fork.
So
the
services
you're
doing
are
basically
saying
that
candy
Fork
was
was
contracted
to
do
through
geek
style
through
the
operation
skill
and
it's
kind
of
helping
out
there
I'm
trying
to
basically
build
more.
A
A
A
C
A
A
But
Ross
G
has
also
been
like
a
long
time.
Dxd
geek,
Style,
Community
member,
so
I've
been
around
for
a
while
worked
at
yam
for
about
a
year
doing
a
lot
of
operation
stuff
there
so
anyway,
other
questions,
thoughts,
kind
of
comments,
anything
that
we
maybe
missed
etherscan
down,
is
a
terrible,
terrible
thing,
but.
A
Stuff
going
around
but
I
feel
like
each
of
Zeke.
Style's
products
are
kind
of
plowing
ahead,
so
Garrett
the
cape
guy
took
an
incentive
platform.
Is
I
tried
to
share
this
in
a
email
and
the
email
would
not
go
through
because
it
said
that
it
was
the
scam
link,
but
this
is
a
carrots
V1
that
is
kind
of
being
tested
right
now,
I
think
it
looks
super
super
dope
and
and
cool,
and
so
that's
yeah
inching
for
a
launch
in
the
next
month
month
or
two.
A
There
Davi
just
did
another
launch
and
has
been
kind
of
in
the
issue
called
beta
testing
mode
for
Duke
styles
of
guilds
for
the
last
two
months
and
also
I
think
just
got
a
nice
Fresh
coat
of
of
paint
on
its
product
there.
That
makes
it
looks
pretty
dope.
It
gets
both
of
these
look
good
and
then,
of
course,
swapper
is
yeah
kind
of
doing
continues
to
to
work
and
do
a
lot
of
great
things
and
push
cool
products
there
and
yeah.
A
A
B
A
Is
just
undeniably
cooler
than
S
like
there's
just
no
it's
a
last
letter,
it
looks
cool
I,
understand
that
it's
like
English
English,
but
like
there's,
no
way
things
are
cooler
just
with
Z
I
like
like
having
things
that
should
end
in
s
like
just
end
in
z,
my
adult
male.
This
is
too
much
information,
but
my
built
mail,
softball
team
was
named
the
Thunder
sharks,
which
I
just
think
is
a
great
yeah.
Yeah
Powers
would
be
great.
That's
a
little.
A
C
A
In
in
Crown
Heights,
anyway,
all
right,
we
have
gone
a
little
off
the
rails
here,
but
we're
right
at
the
top
of
the
hour
yeah.
So
we'll
do
this
at
the
either
the
second
or
the
or
the
third
or
the
fourth
Thursday
of
the
month.
Here
and
I'll
just
be
an
opportunity
to
review
and
go
over
these
things,
we'll
post
this
in
the
The
Forum.