►
From YouTube: DXD Monetary Policy Monthly Meeting [2023-03-30]
Description
Focus was primarily on: DXdao Spring - Final Restructuring Proposal.
https://alchemy.3ac.vc/dao/0x519b70055af55a007110b4ff99b0ea33071c720a/proposal/0x5b414d3747d95a3a260be19a1b7ebfe0b8c21940e98900a1525d3fd9bfd616d1
or
https://dxgovernance.github.io/dxvote/#/mainnet/proposal/0x5b414d3747d95a3a260be19a1b7ebfe0b8c21940e98900a1525d3fd9bfd616d1
A
Is
1400
UTC,
so
kind
of
not
as
much
I
guess
the
last
couple
months
we've
talked
some
things
about
dxt
volume
and
stuff,
but
I
think
yeah.
The
discussion
today
is
mostly
on
things
that
have
been
going
on
this
week
in
terms
of
a
the
DX
Tau
spring
final
restructuring
proposal
that
has
now
been
voted
on,
there's
34,
4
and
13
against
and
yeah.
There's
a
lot
of
discussion
in
the
Forum
I.
Don't
know.
If
I
can
summarize
everything.
A
A
This
is
not
a
fair
or
equitable
distribution
of
the
Dow's
resources
and
I.
Think
specifically
when
you're,
just
thinking
about
geek
style
has
three
products
that
are
all
been
built:
all
have
teams
behind
them.
They
all
have
you
know
they
all
use
geek
style
as
one
of
its
biggest
user
right
swapper,
the
biggest
including
provider,
is
geek
style.
Carrot
has
been
used
by
Jake
Stout,
obviously
for
for
Dobby,
so
to
me
a
proposal
that
treats
those
equally
would
make
the
most
sense
and
yeah.
A
C
A
A
Well,
I
like
this.
This
is
always
a
nice
surprise.
The
birthday
cake
there's
a
name
because
it's
the
anniversary
of
the
day
joined
the
community.
It's
only
been
three
years
ago
when
he
signed
up
for
for
Dow
talk
there
a
very
fun
little
tidbit
about
discords,
yeah,
but
so
vinky
here
this
proposal
leads
out
Dobby
from
any
claim
on
the
treasury.
A
Kind
of
focused
on
the
the
first
one,
the
even
distribution
of
things
to
Deek
Styles
products
and
then
I
think
there
is
maybe
kind
of
some
ideas
on
like
there
are
a
lot
of
other
assets
or
a
lot
of
other
things
in
terms
of
dextao
and
how
you
know
the
Avatar
will
maintain
those
howl
future
claims
on
the
expenses.
So
some
other
things
that
maybe
are
not
included
in
this.
That
are
still
questions
outgoing
there.
So
yeah.
A
A
B
A
That
have
been
downstate
here
right,
so
you
can
see
this
one
from
Ross.
Nielsen
was
downstaked
here
and
the
same
thing
for
these
others,
so
yeah.
This
is
for
the
q1
rep
and
so
wasn't
sure
you
know
this
proposal
says
to
stop
rep
issuance
I
was
just
proposal
is
not
passed
yet,
so
it's
not
in
in
effect.
So
but
yeah
people
are
downstaking.
It.
F
Governance
can
still
pass
votes,
they
don't
have
to
be
boosted,
it
doesn't
make
like
no
is
there.
Any
reason
are
people
who
are
voting
for
the
final
restructuring
worried
that
rep
boosts
are
going
to
get
voted
down.
Is
there
a
reason
that
there
couldn't
be
an
attempt
to
either
vote
for
it,
or
at
least
try
to
vote
for
it
without
it
being
boosted
to
try
to
get
them
to?
51
percent
doesn't
seem
like
there's
any
reason
why
these
boosts
or
why
these
reps
sinks
shouldn't
pass.
A
A
There
are
the
operating
rules
of
theek
style
that
it's
its
governance
will
execute
on
things
right.
Even
the
signal
proposal
that
it
passes,
it
will
say
Geeks
down,
should
execute
on
X,
Y
and
Z,
but
that
ends
up
being.
You
actually
have
to
enforce
that
on
chain
through
governance,
and
so
that
means
individual
stakeholders,
individuals
living
up
to
the
commitments
that
the
Dow
has
made
before,
and
they
have
to
live
up
to
those
commitments
through
execution
to
the
consensus
system
there.
A
C
D
C
D
D
A
I've
always
thought
that
was
like
a
because
it
literally
discourages
people
from
voting
right.
So
you
think
about
it's
like
you,
you
shouldn't
be
doing
this.
You
should
be
a
little
careful
there
because
you
want
to
put
a
little
bit
risk
and
I
guess
I,
don't
know.
Maybe
if
we
could
look
back
and
I
feel
like
governance
needs
all
of
the
encouraging
of
voting
possible
just
because
to
get
yeah
voter
apathy,
there.
A
A
I'm,
just
gonna
read
Skye
because
he's
there
and
a
flu
drop
is
he
says
at
Geronimo.
Please
stop
attacking
the
extile
governance
process
for
everyone
else.
Any
people
that
are
supportive
voting
for
an
initiative
to
have
dxed
out
reneg
I
believe
on
its
prior
commitments
is
quite
bad.
If
people
are
owed
rep,
DxD
or
pay
from
dxdad,
this
should
be
honored.
Your
reputation
will
likely
be
hurt
across
the
entire
Dao
space.
Just
good
to
be
aware
of.
A
A
D
D
A
I
mean
I
think
there's
two
there's
only
one
proposal:
I
haven't
got
a
chance
to
do
no
there's
two
proposals:
yeah
two
proposals
live
that
are
buyback
orders,
these
two
Castle
ones
for
lhd
I.
Don't
think
this
one
is
going
to
be
I.
Think
Heath
has
moved
here,
so
it
might
not
be
because
it's
been
stable
coin
and
then
there
is
a
Redemption
balancer
from
Robert
Roberts
DxD
Redemption
balance
number
one
that
is
currently
in
there.
A
I
think
this
is
the
second
largest
one,
and
so
yeah
I
mean
these
are
the
current
ones.
Here
we
can
go
over
this
sheet.
I.
Imagine
I,
guess
like.
If
this
proposal
passes,
then
yeah
they'll
be
kind
of
a
completely
different
Redemption
processor.
Thanks
for
dxt
going
forward,
they'll
have
to
be
implemented,
but
yeah.
C
A
B
D
A
That
was
created
in
August.
We
had
I,
think
five
meetings
I
see
some
people
on
there
on
this
call
that
were
on
here,
I
know
Robert
Connor
and
some
others,
and
so
we
were
kind
of
coming
up
with
a
systems.
There's
a
lot
of
discussion
on
that
and
then
yeah
this
system
here
that
that
we
implemented
was
approved.
I
think
it
was
early,
December
geeked
out
approved
that
and
passed
that
system.
For
that,
so
I
think
we
were.
A
A
A
Actually,
this
meeting
itself
so
that
we
could
talk
about
changes
and
fixes
to
it
so
yeah
I
mean
there
was
one
yeah
I
think
so
my
understanding-
and
this
is
we
can
get
keep
talking
about
on
this
call,
but
based
on
now
the
proposal
is
going
I,
don't
think
it
makes
much
sense
to
improve
the
existing
DxD
token
model
or
devote
that
many
more
resource
resources
to
it.
But
I'm
more
than
happy
to
talk
about
ways
to.
D
Just
the
Dynamics
of
how
doing
a
Redemption
at
70
of
the
current
nav
piecemeal.
What
that
like
results
in
and
I,
think
you
said
in
Discord
yesterday
that
there
was
some
monetary
policy
call
committee
meeting,
call
that
kind
of
like
outlined
it
and
that
you
are
aware
of
this
like
Spiral
effect.
But
it
seems
to
me
like,
in
a
couple
of
the
conversations
I've
had
that
a
lot
of
current
contributors
are
kind
of
unaware
of
the
implications
of
this
or
like
that.
This
even
is
like
half.
D
A
A
Yeah
I
mean
John.
You
can
look
at
the
the
the
message.
I
said
I
wanted
to
talk
about
this
proposed
with
geek
style
final
restructuring
because
of
the
implications
it
would
have
on
the
monetary
policy
committee
I'm
happy
to
talk
about
that.
You
just
brought
up
the
other
redemptions
on
the
monetary
policy
things
right.
C
D
D
Well,
you
know
and
I
think
having
a
sense
of
where
the
Dow
is
going
is
important
for
any
important
kind
of
strategic
proposals
such
as
like
this
restructuring,
so
I
mean
I.
Think
that's
your
responsibility.
Actually,
in
your
role
leading
this
and
all
the
stuff
you've
done,
I
mean
I
was
against
the
idea
of
a
committee
in
the
first
place.
I,
don't
think
it
was
necessary,
but
you
did
it.
D
You
passed
it
it
had
this
like
thing
going
for
months,
you
implemented
this
policy
that
passed
governance
and
people
don't
understand
it,
and
that's
that
that's
just
bad.
So
the
thing
I
want
to
make
sure
that
people
understand
here,
and
we
can
ask
folks
that
are
on
their
call
if
they
get
it
is
that
you
don't
end
up
with
30
of
the
treasury.
D
A
A
That
is
about
a
little
less
than
two
percent
of
the
circulating
Supply
right
now.
I
am
very
invested
and
interested
in
the
growth
of
that
and
I'm,
very
and
I.
Think.
The
best
way
to
have
that
grow
is
to
be
able
to
have
that
in
DHD,
because
I'm,
confident
I
was
confident
in
that
in
the
system.
So
I
understand
people
like
disagree
and
I
could
have
maybe
done
a
better
job
explaining
it
and
yeah.
A
E
F
Thank
you,
I,
don't
quite
understand
why
this
is
all
Chris's
fault.
This
has
been
public.
There
have
been
meetings
for
the
last
seven
months
in
which
it's
all
been
public.
Chris
is
very
good
about
posting
everything
onto
Dow
talk.
The
process
has
been
open.
There
have
been
plenty
of
other
contributors
who
have
worked
on
this,
including
Dave,
who
seems
to
be
washing
his
hands
of
all
of
it.
F
It's
been
in
conversations
with
multiple
people,
DxD
holders
rep
holders
yeah.
Maybe
there
are
some
problems
with
it
that
can
be
discussed.
I
think
Chris
has
been
very
clear
today,
he's
like
well,
we
I
could
discuss
it,
but
it's
not
like
it
doesn't
matter
anymore.
It's
if
you
think
that
this
is
such
a
giant
problem
that
you
want
to
shut
the
Dow
down
because
of
it.
Why
is
it
on
Chris
to
explain
how
it
is
like
perfect.
F
D
B
Yeah,
probably
I
can
explain
a
little
bit
that
I
don't
understand
completely
I.
Think
I
was
very
open
as
well
before
that
yeah
I,
don't
understand
these
Finance
terms.
I,
don't
understand
the
economics
of
it.
So
I
think
I
have
tried
racing
Whenever.
There
are
like
these
huge
redemptions
redemptions
that
were
posted
in
Dao
talk,
I,
think
I
did
raise
internally
in
the
chats,
but
I
heard
some
of
the
contributors
just
coming
back
and
then
saying
like
don't
create
fund,
so
so
yeah
I
mean
I.
B
I,
don't
want
to
be
the
one
that
creates
these
conversations
and
then
get
a
bad
rep
for
it,
but
even
now
I
don't
think
any
of
the
contributors
understand.
What's
going
to
be.
The
runway
is,
is
like
the
4
million
or
5
million.
That
was
said.
How
much
of
it
is
there
and
how
much
it
will
be
there.
After
all,
the
redemptions
happen.
I,
don't
think
they
understand
yet
so
it
would
be
nice
if
we
just
if
we
just
yeah,
have
like
a
picture
of.
A
A
I
mean
John,
but
I
guess
what
I'm
saying
is:
there's
34
for
this
proposal
that
is
not
50,
but
clearly
the
Dow
is
I.
Don't
know
recognizing
or
is
agreeing
that
this
that
there's
things
need
to
be
changed
and
not
just
change,
but
they
have
to
go
in
this
other
complete
Direction
right
now
and
I
I.
It
sounds
like
that
was
linked
to
lots
of
frustrations
over
the
new
token
model
that
was
approved
and
so
I
get
kind
of
how
that
works.
D
D
A
D
A
A
D
E
D
D
A
D
A
F
D
F
Well,
that
is
something
that,
when
the
budgets
come
up
at
half
two,
the
Dow
will
look
at
the
amount
of
money
that
is
in
the
treasury,
and
it
will
make
an
assessment
based
on
rep
voting.
It
would
have
well,
it
won't
anymore,
it
would
have
made
and
it
had
to
make
an
assessment.
Rep
holders
govern
DX
Dow
right,
so
they
can
look
at
the
second
half
of
of
the
year
and
say
this
is
how
much
money
we
have,
how
much
money
are
we
going
to
then
use
to
fund
projects?
F
B
A
Yeah
I
mean
I,
think
it's
pretty
clear.
The
Dow
approves
something
for
six
months
and
funded
in
two
different
chunks,
so
this
Q2
I
think
is
very
clear,
but
for
the
second
half
of
the
year,
that
decision
would
be
made
in
May
and
I
know:
that's
uncertain,
right,
that's
tough,
and
especially
during
this
process,
but
I
think
we
knew
that
treasury
was
going
to
Decline
and
I
thought
there.
There
should
be.
You
know
smaller
spending
and
a
whole
bunch
of
things.
A
I
think
we
could
have
implemented
those
changes
then,
but
yeah
that
would
have
been
for
the
second
half
of
the
year.
That
would
have
been
based
upon
six
percent
of
the
treasury
then,
and
that
maybe
could
have
led
to
a
much
smaller
budget
and
like,
of
course,
probably
what
is
like.
What
are
the
things
that
would
be
constrained?
The
first
would
be
the
non-product
expenses
right
and
that
could
be
limited.
More
so
I
mean
I.
B
A
You
need
to
have
the
70
Redemption
and
sorry
now
I'm
getting
get
some
getting
into
it.
That's
moving
as
an
nav
is
you
want
to
have
Capital
that
has
skin
in
the
game?
If
you
have
a
Redemption
process
that
is
just
70
in
fixed,
then
like
they're,
just
coming
in
they're,
going
to
get
that
what
dicks
down
needed
was
invested,
Capital
that
has
skin
in
the
game,
and
that
means,
if
everybody
redeems
their
DxD
from
the
treasury,
meaning
they
value
the
products
at
zero.
A
Then,
like
deep
staff
should
not
have
any
Capital,
it
shouldn't
be
funding
products
because
it
can't
get
into
people
who
believe
in
DX
style
believe
that
the
products
will
actually
actually
generate
Revenue.
That's
what
you
should
be
getting
the
value
from
so
the
signal
when
you
get
this
Redemption
right.
If
dxt
holders
all
did
redeem,
then
that
would
be
because
geek
style
doesn't
have
enough
like
value
in
the
products
that
people
are
sticking
around.
For
that.
So
you
need
to
put
some
skin
in
the
game.
A
You
need
to
create
a
system
where
you
get
people
to
actually
sync
or
fail,
and
the
only
way
you
do
that
is
by
intricately
linking
DHD
into
geek
style
and
that
in
the
Treasure
right,
and
so
that
would
give
DHT
holders
more
control,
more
control
over
average
week
of
2.0
and
the
budgets
to
make
these
decisions
so
yeah.
That's
that's
what
I
think
there's
there's
a
cohesive
system
to
this.
A
F
The
edge
cases
are
rare
by
the
time
it
gets
down
to
one
DxD
left,
that's
people
who
are
huge
Believers
or
they've.
It's
it's
in
the
vesting
contract
and
it's
people
who
are
committed
like
this
is
the
same
as
any
organization.
Like
you
rate,
we
dxt
dxdow
raised
money
three
three
four
years
ago.
All
that
money
came
in
it
had
no
way
to
go
out.
This
was
the
biggest
problem
with
the
bonding
curve.
No
one
could
get
out
like
it
sucked
in
money.
It
didn't
take
money
out.
F
The
whole
process
here
is
for
there
to
be
a
way
for
the
the
DxD
to
have
a
way
out
right.
That
was
that's,
that's
it
and
yes,
if
money
goes
out
of
the
treasury,
it
means
that
there's
less
money
to
fund
projects.
That
is
a
signal
that
you
can't
keep
spending
at
the
same
rate
and
how
you
decide
to
stop.
Spending
is
up
to
the
organization
like
it's.
F
It's
like
any
other
organization
that
has
money
that
spends
money
may
need
to
raise
money
in
the
future.
This
one
just
allows
people
to
take
their
money
out
of
it
in
a
way
that
isn't
like
a
normal
company,
because
hey
DX
Dow
is
not
like
a
normal
company.
It's
not
a
normal
company.
It's
something
slightly
different.
F
That
starts
using
DxD
in
governance,
which
is
totally
different,
and
you
have
all
these
people
who've
held
it
for
a
long
time
who
maybe
didn't
realize
what
they
were
getting
into
is
a
totally
different
organization
at
the
time,
and
they
have
no
way
to
exit
right.
They
have
no
way
to
get
their
Capital
out,
so
they're
they're
just
trapped,
and
are
they
going
to
make
the
best
decisions
when
they're
now
part
of
part
of
governance?
E
D
Nothing
left
right
and
I
think
I
think
most
people
agree
that
having
some
way
for
people
who
want
to
leave
to
exit
at
some
price,
like
I,
think
most
people
agreed
that
that
made
sense
right,
but
I
think
it's
really
unfair
to
contributors
to
have
this
spiraling
effect
that
drives
the
treasury
to
zero
and
people.
Don't.
B
Like
I
mean
DXL
is
not
working
on
any
cash
flow
generating
product
products,
I
mean
anything
that
is
working
on
big
cash
flow,
generating
products,
and-
and
we
are
just
yeah-
there's
a
lot
of
non-product
expense
and
contributors
that
have
these
vested
dxt.
That
is
locked.
It's
it's
basically
like,
after
all
of
the
dxt
that
is
within
this
is
this
is
worthless.
Well,.
F
Was
pushing
pushing
all
of
the
vested
DxD
into
the
circulating
Supply
calculation,
because
there
is
a
problem
because
the
people
who
have
vesting
DxD
they
are
getting
the
value
of
that
DxD
redeemed
out
from
under
them.
That
is
that
is
clearly
not
a
good
system,
and
there
were
discussions
about
this.
You
know
I'm,
I'm,
sorry,
Connor,
I
didn't
mean
to
say
that
was
your
fault.
There
were
discussions,
they
happened.
F
Decisions
were
made
to
not
include
that
vesting
DxD
in
the
calculation,
whatever,
for
whatever
reason,
I
wasn't
around
for
par
for
this,
but
that
is
how
it
was.
One
of
the
things
that
we
were
going
to
talk
about
today
was
making
it
so
that
all
that
gets
included
in
the
circulating
Supply.
So
yes,
dxt
vesting
people
who
have
DxD
vesting.
They
are
still
susceptible
to
other
rep
holders.
F
Spending
the
treasury
but
they're
not
susceptible
to
DxD
holders
Redeeming
the
treasury,
because
that
their
those
funds
are
incorporated
into
the
circulating
Supply
so
that
that
was
going
to
be
a
suggestion
to
do
it
and
there
was
gonna
there
were.
You
know
I
had
written
out
a
number
of
piece,
a
number
of
options
to
do
it
immediately
to
not
do
it
to
do
it
slowly
to
potentially
put
a
limit
to
the
amount
that
could
be
redeemed
over
a
certain
period
of
time.
F
If
you
have
that
like
these
are
all
options
you
guys
are
talking
about
this
like
it's
some
thing
that's
been
set
in
stone
and
can
never
change,
but
this
is
the
thing
it's
been
an
ongoing
process,
just
like
with
your
products
too,
just
like
with
swapper.
Hey,
it's
evolved,
it's
changed,
things
have
happened,
carrot
has
been
in
develop
for
a
long
time.
It
went
through
a
beta
period
yeah.
F
This
is
going
through
the
beta
period
and
people
are
using
it
in
the
way
people
are
exiting
whatever
that's
what
we're
doing
we're
we're
literally
testing
this
in
production
here
and
if
you
don't
like
that,
I'm
I'm,
sorry,
there's
ample
opportunities
to
vote
down,
you
can
vote
down.
Cow
swap
orders,
you
could
vote
down
the
Redemption
balancers.
You
could
vote
down
the
initial
proposals
to
do
it.
F
C
A
D
D
E
E
I
was
just
curious,
just
like
speaking
or
thinking
about
high
level
sounds
like
there's
a
lot
of
people
who
you
know
want
to
kind
of
get
the
cash,
and
you
know,
leave
and
move
on
to
the
next
adventures
in
their
lives
and
there's
a
lot
of
people
who
want
to
kind
of
stay
and
build.
You
know
the
products
for
the
future.
Is
there
an
opportunity
to
explore
like
either
not
necessarily
raising
funds,
but
maybe
even
like
borrowing
from
different
protocols
or
different
solutions
like
I
know,.
A
E
You're
immune
yeah,
I,
don't
know
where
I
was
muted
I,
don't
know
what
happened.
Yeah
just
got
cut
off,
I,
don't
know
where
I
got
cut
off,
but
yeah
essentially
just
exploring
ways
to
raise
funds
that
would
support
either
side,
so
it
could
either
those
funds
could
just
go
to
people
who
want
to
kind
of
leave
and
have
that
Capital
that
they
feel
like
they
deserve.
But
then
the
other
side
may
have
you
know
some
residual
value
to
continue
building
for
the
future
and
the
pressure
is
kind
of
on
them
to
create.
E
A
A
E
C
A
Says
this
is
a
fair
proposal.
All
the
contributors
get
paid
for
the
work,
they've
done,
it's
a
clean
cut
and
then
later
Bob
Ross
says
the
eight
percent
referring
to
the
eight
percent
to
rep
holders
from
the
gov
2.0
presentation,
the
eight
percent
seems
like
a
cash
grab,
though
not
gonna
lie
should
either
go
to
the
products
or
gxd
holders.
A
C
A
Well,
I
can
do
that
cool
yeah
I
mean
so
just
I
guess
maybe
wrap
things
up
here.
So
we
were
focusing
most
of
the
previous
call
on
this
The
Proposal
that
is,
is
live
and
kind
of
the
implications
of
that
and
how
to
kind
of
change
the
whole
DxD
Dynamics
there
I
think
I.
Let
what
my
opinions
on
that
were.
A
Also
in
the
forums
you
can
check
out
that,
if
you
are
interested
in
I,
do
think
of
this
proposal
passes
that
it
kind
of
obviates
the
need
for.
Obviously
this
meeting
but
I
think
a
lot
of
other
the
meetings
and
operations
that
that
I've
kind
of
LED
going
forward
so
I'm
not
sure
if
there
will
be
anything
specific.