►
From YouTube: DXgov Weekly Gathering [2022-06-08]
Description
00:03 Start
00:25 Mainnet Proposals
03:14 Gnosis Chain Proposals
06:43 Arbitrum Proposal (Only farming)
07:58 RPC issues update
08:33 DXD vesting template for claiming
11:17 Karpatkey Treasury Management presentation
A
Welcome
to
geek
style
governance,
discussion
for
wednesday
june
9th
1500
utc,
starting
first
with
the
proposal
roundup
a
couple
exciting.
I
guess
busy
days
of
proposals
here,
we'll
start
with
mainnet,
first,
which
I
will
share
my
screen
for
that
yeah,
and
so
we
have
a
couple
actually
pending
execution
proposals,
mostly
because
gas
is
boosted
up
the
last
couple
days,
but
we
have
a
very
exciting
ens
update
proposal,
this
one
to
the
deek
style,
landing
page
keenan.
B
Yeah,
just
a
little
quick
thing,
actually,
a
very
simple
change,
a
lot
of
it's
just
kind
of
content.
You
know
priority
and
making
sure
all
of
our
links
are
working
right.
We
did
have
quite
the
struggle
to
get
this
through.
I
think
we
had
a
couple
various
different
problems.
We
had
hashing
problems.
We
had
a
couple
problems
with
the
build
once
it
was
ready,
but
everything
solved.
You
can
test
this
build
on
dxvoice.e.
A
C
A
And
then
the
last
proposal
that
I
think
still
needs
a
pending
boost
is
the
fir
first
of
four
proposals
in
to
fulfill
the
previously
passed
signal
proposal
about
staking
2000
eth
with
stake
wise.
So
I
think
this
sends
five
underneath
to
the
e3
layer
for
the
multi-sig
there
and
yeah,
so
that
actually
needs
another
transaction
there
to
go
in
the
boost
but
yeah,
and
then
that
will
need
to
be
voted
on
over
the
next
seven
days.
C
A
A
And
then
yeah
moving
on
to
gnosis
chain
yeah,
where
you
can
see,
we
have
a
lot
of
different
activity
here
and
actually
try
to
divide
it
up
into
different
the
different
kind
of
things.
So,
of
course,
we
have
three
buyback
proposals.
These
are
still
going
ongoing.
You
can
see
207.28
209
there.
We
have
six
proposals
that
are
currently
in
the
pending
boosting
phase
they
were
staked
on
yesterday.
A
These
are
old
schemes
that
were
are
registered
with
dx
dow
on
gnosis
chain,
but
have
not
been
used
in
a
in
a
long
time.
Some
of
these
you
could
see
were
were
like,
for
instance,
the
wallet
scheme
was
something
we
had
the
dx
gov
team
had
torn
around
with
a
couple
months
ago,
but
is
no
longer
is
used.
Some
of
these
are
actually
back
from
the
original
deployment
time
there.
So
this
is
yeah.
I
think
we're
calling
it
spring
cleaning
here
and
so
yeah.
A
These
would
deregister
these
unused
schemes
on
gnosis
chain
yeah.
This
was
submitted
by
augusto
and
then
I
staked
on
it
candy
fork
sticked
on
it
yesterday
and
yeah.
There
are
also
some
corresponding
mainnet
proposals
that
have
been
submitted
but
have
not
been
boosted
yet
also,
primarily
because
of
some
of
the
the
gas
of
the
last
couple
days.
So
those
are
the
d
register,
or
maybe
unregistered
schemes
is
probably
a
better
way
of
saying
that
and
then
yeah.
We
have
these
swapper
farming
proposals
here.
A
So
these
are
ones
for
the
next
two
epochs
over
four
weeks.
They,
I
believe,
are
actually
going
to
be
passed.
I
think
in
the
next
day
there
keenan
has
been
working
on
this
and
there's
some
arbitrary
ones
we'll
get
to
in
a
second.
But
you
can
see
yeah,
that's
all
of
these
proposals
going
through
the
multi-call
scheme
there
yeah
and
then
we
had,
I
guess,
just
five
other
current,
maybe
just
call
them
other
proposals.
A
A
Omega
who's
been
working
on
both
the
yeah
on
the
on
a
lot
of
the
auditing
stuff
for
there
yeah
and
then
there's
adam
zodd
and
we're
p
contributor
proposal,
where
p
has
been
doing
some
good
stuff
on
dx
stats
and
then
the
deets
paris
contributor,
stipend
proposal
was
just
boosted
and
is
ready
to
be
voted
on
there,
which
gives
some
stipends
for
contributors
interested
in
attending
ecc,
and
that
is
it
for
gnosis
chain.
We
are
having
some
problems.
A
A
Cool
and
then
yeah
any
questions
on
gnosis
chain
just
moving
to
arbitrom,
where
yeah
we
actually
are
also
dealing
with
some
a
bunch
of
farming
proposals
that
yeah
we
have
a
couple
last.
Second
things
we're
working
on
that
we'll
get
those
executed
there,
but
yeah.
These
are
for
the
upcoming
farming
campaigns
that
would
launch
tomorrow,
so
a
lot
of
proposals
to
get
those
ready
and
going
yeah,
and
that's
it
for
the
proposal.
E
Yeah,
so
just
on
the
vs
chain,
it
seems
to
be
like
there
was
an
issue
with
the
graph
rpcs.
I
think
they
were
just
using
the
default
one.
I
think
them.
I
believe
it
was
on
monday,
because
we,
our
subclass,
were
behind
by
one
basis
point
and
they
looked
into.
It
seems
to
be
fine,
but
we
cannot
do
it
if
other
people
are
having
issues
as
well.
A
C
A
Investing
proposals
these
have
been
coming
through,
I
think,
there's
been
two
so
far
that
have
come
through
and
then
augusto
is
also
working
on
one
there
that,
I
think,
will
be
posted
pretty
soon.
So
I
wanted
to
just
kind
of
I
thought,
maybe
be
helpful
to
like
set
a
template
that
others
could
follow
for
candy
forks
vested
dxd,
which
is
also
coming.
So
I
just
posted
this
in
the
forum
and
planned
to
make
this
as
a
proposal
here,
and
you
can
see
here.
A
It's
just
like
a
pretty
basic
format,
but
the
key
thing
hopefully
we
can
do.
Is
this,
including,
I
think
the
key
thing
is
including
a
link
to
both
a
spreadsheet
that
shows
how
you're
calculating
this
the
proposal
that
you're
referencing.
So
if
that's
the
approved,
dxd
vesting
distribution,
one
or
if
you
have
some
updates
to
it
like
a
gusto-
does
where
his
are
actually
incorrect
there
and
are
corrected
from
his
original
worker
proposal.
A
But
you
want
to
include
those
links
there,
and
I
also
think
it's
actually
helpful
to
have
a
picture,
because
pictures
can
go
into
proposals
that
people
can
read
them
if
they're
too
lazy
to
to
look
at
the
spreadsheet,
but
then
the
spreadsheet
actually
could
calculate
that
there
and
then
on
this
spreadsheet,
I'll
share
that.
So
you
can
see
this
from
there.
I
have
all
of
the
award
amounts
from
the
proposal
that
passed
there
already
copied
into
here.
A
So
if
you
were
one
of
a
contributor
who
received
or
should
receive
compensation
for
the
dxd,
you
can
kind
of
reference
where
you
want
here
and
then
just
like
copy
your
amount
right
onto
this
one,
and
it
should
change
everything
to
the
right
amount
and
using
like
whatever
date.
It
is
here
to
get
how
much
of
your
dxd
awards
have
been
vested
right
now,
so
yeah,
that's
in
the
forum
there
and
then
yeah.
Just
last
thing
I
did
do
actually
was.
A
I
did
link
the
original
worker
proposals
because
again
it
gets
always
like
helpful
for
people
that
want
to
be
to
evaluate
this
and
verify
that
so
yeah.
I
don't
know
if
there's
any
feedback
on
this
now
or
maybe
in
the
forum,
to
make
this
a
little
clearer
but
then
yeah.
I
would
be
happy
for
others
to
maybe
if
they
needed
a
guide
or
a
template
that
this
might
be
one
to
use.
F
A
G
First,
we
would
have
to
diversify
the
treasury
without
selling
txt,
because
doing
so
will
reduce
the
price.
So,
in
order
to
get
a
hold
of
other
tokens,
we
would
resort
to
token
swaps
with
other
dowels.
We
will
take
care
of
the
postings
in
your
governance,
their
in
their
forums
and
snapshots.
If
they
use
snapshot,
we
would
do
otc
deals
and
we
would
also
advocate
to
have
the
txt
token
accepted,
as
you
know,
to
to
take
loans
as
a
collateral
in
different
particles
such
as
avid,
for
example.
G
So
karpataki
would
never
hold
custody
of
the
funds.
We
would
not
be
able
to
do
any
transactions
unless
one
or
more
trusted
signers
from
the
external
confirmed
the
transaction
with
their
with
the
wallets.
So
there
are.
There
are
pros
and
cons
to
that
approach.
The
benefit
of
that
is
agility.
It
allows
us
to
react
very
quickly.
G
You
know
in
a
timely
manner,
in
this
type
of
situations,
and
also
the
way
in
which
we
work
allows
us
to
modify
the
strategy.
We
have
a
strategy
team
that
is
constantly
researching
and
puts
together
a
strategy
that
our
execution
team
carries
out
so
before
each
transaction
is
executed.
The
execution
team
makes
sure
that
all
the
underlying
assumptions
behind
each
of
them
is
still
valid.
G
So
what
we,
what
we
could
do
for
you
is
just
manage
the
treasury.
The
same
way
we
do
for
gnosis
so
that
you
can
focus
on
your
business.
Our
ultimate
goal
would
be
that
the
excel
can
cover
all
its
operating
expenses,
with
the
yields
that
the
treasury
will
generate
and
the
dxt
token
also
its
value
should
be
increased.
That
would
be
one
of
your
goals
in
the
midterm
and
well.
G
I
don't
know
if
you
would
like
me
to
go
through
each
of
the
items
that
skype
mentioned.
It
was
a
very
interesting
comment.
It
will
reply,
as
I
mentioned
today,
to
each
of
the
things
that
were
mentioned
in
that
comment,
but
we're
open
to
any
questions
that
you
might
have
on
what
we
are
proposing
that
you
can
do
by
now.
A
Cool
yeah-
I
don't
know
if
there's
any
questions
now
or
maybe
kind
of
taking
a
step
back
at
you
know,
because
I
think
there's
kind
of
comes
at
it
and
there's
a
way
capacity
works
and
how
capacity
is
operating.
But
then
there's
like
kind
of
deek
styles
structure
that
is
very
unique
and
different
and
kind
of
operating
within
that.
So
I
think
right
now,
geeksdale
the
entire
treasury
is
managed
through
governance
and
we've
been
doing
some
really
interesting
things
through
that.
A
There,
and
so
I
think
what
this
proposal
is
trying
to
do
is
for
me
is
start
the
move
towards
more
sophisticated
types
of
treasury
management
that
can
be
built
using
the
same
type
of
decentralized
autonomous
structures
that
we've,
the
teak
style,
has
already
kind
of
pioneered
there.
That
takes
a
while
to
get
there,
because
this
is,
you,
know,
complicated
stuff
in
terms
of
like
the
transactions
that
that
that
capacity
is
running
for
gnosis,
there's
a
lot
of
ones
that
are
rebalancing
there.
A
Focus
actually
of
dxdow
in,
like
our
day-to-day
business,
is
building
defy
and
dow
tooling
so
figuring
out
a
way
to
get
this
treasury
management
integrated
into
the
d5
into
our
d5
product,
suite
figuring
out
how
to
get
this
into
swapper
and
have
like
increasing
volume
and
increasing
dvl
on
swapper,
while
also
getting
integrated
into
our
like
our
dow
governance.
Suite
is
really
core
to
what
is
kind
of
like
the
interest
of
of
the
style
here.
A
Getting
a
yield
is
also
like
important,
like
that's
also
nice,
as
you
said,
like
there's
a
desire,
maybe
where
that
yield,
of
course
could
pay
for
operations
in
different
amounts
right
so
right
now
there
is
some
yield
on
the
treasury,
but
just
you
know
the
size
of
it
could.
Could
you
could
do
that,
but
I
think
yeah,
the
core
business
of
deep
style
is
building
defy
endow
tooling,
and
I
think
treasury
management
is
going
to
be
at
the
center
of
it,
and
so
I
think
this
represents
opportunity.
A
I
think
with
kaparki
to
like
take
maybe
some
of
the
investment
sophistication
that
you
guys
have
and
incorporate
into
that.
So
there
were,
I
guess,
a
couple.
Yeah
sky
had
a
post
that
was
really
great.
That
ran
through
some
things
there,
but
there
are,
I
guess,
two
things
that
deke
style
would
be
do
there
are
a
couple
things
that
deeksta
would
be
doing.
That
would
be
like
new
right.
A
So
the
first
thing
is
this
use
of
a
multiset
right,
and
so
maybe
for
for
capacity
it's
not
a
big
deal
to
you
know
there
would
only
be
one
part
key
person,
but
for
the
rest
of
deep's
dao.
This
introduces
a
whole
new
trust
mechanism
or
I
guess
trust
assumption
where
certain
individuals,
certain
signers,
will
have
a
much
larger
control
of
the
treasury
than
they
have
had
before.
A
So
that's
just
a
big
step
that
we,
I
think
it's
important
to
talk
about
and
to
think
about,
and
then
the
second
thing
is,
like
you
mentioned
around
dxd
and
you
kind
of
talked
a
lot
about
the
dxd
components
there.
But
you
know,
dxd
has
we've
had
a
long,
it's
a
long
history
with
dxd
in
terms
of
what
dx,
dow's,
kind
of
approach
or
approach
to
market
making
would
be,
and
since
really
inception,
the
approach
has
been
very
much
hands
off.
Dkstyle
has
not
provided
liquidity
on
gxd.
A
Deep
style
has
has
kind
of
obviously
been
a
buy-back
program
that
has
repurchased
some
dxd,
but
there
has
not
been
any
of
that
and
so
making
sure
that
that's
something
that
the
community
is
comfortable
with,
I
think,
is
also
important,
yeah
and
so
those
are
kind
of
just.
I
think
the
two
new
things
from
there,
and
so
I
don't
know,
maybe
a
couple
other
responses
to
that
from
from
the
style
community,
and
then
we
can
kind
of
hear
your
guy's
perspective.
D
And
just
adding
on
to
the
dxd
liquidity,
it
might
be
obvious,
but
just
to
make
it
clear,
like
I
think
the
main
hang
up
for
dxno
like
when
we
talked
about
providing
liquidity,
is
that
it's
equivalent
to
selling
more
dxt
right.
So
you're
like
putting
more
dxt
on
the
market
and,
at
least
in
terms
of
the
eth
price
dxd,
has
for
a
while
been
below
what
it
was
sold
at
like
towards
the
end
of
the
bonding
curve.
D
So,
like
the
I
don't
know,
if
you're
familiar
with
the
bonding
curve,
but
that's
like
how
dxd
was
issued
and
like
the
top
price
was
about
one
ether
per
txd
in
in
2020.
So
you
know
it
dropped
all
the
way
to
0.1,
and
so
when
we
were
discussing
providing
liquidity,
that's
like
a
a
pretty
steep
discount
from
what
the
last
investors
effectively
were
paying
through
the
bonding
curve,
and
you
know
that's
why
we
have
to
buy
back
and
stuff
like
that
as
well,
so,
just
to
kind
of
like
add
some
color
around.
D
G
Yeah,
we
would
go
with
whatever
you
prefer
if
you
prefer
to
not
touch
the
dxt.
Of
course
we
would
not
touch
it.
We
would
have
our
suggestions
and
our
arguments
behind
them,
but
it's
up
to
the
wheel
of
the
dao.
At
the
end
of
the
day,
we
will
just
you
know
within
the
the
boundaries
that
you
set
for
us,
we
would
get
the
most
out
of
the
treasury.
G
Whereas,
if
you
have
a
significant
diversification,
then
you
risk
the
strategy
and
the
losses
are
are
reduced
like
the
the
maximum
damage
is
reduced
and
it
could
never
be
like
a
catastrophic
low
for
the
threshold.
You
know,
so
that's
that's
something
else
that
I
think
would
be
a
significant
benefit
for
any
doubt.
H
A
Yeah-
and
so
maybe
it's
like
helpful
to
think
about
like
what
are
the
what's
the
comparison
and
like
faso,
you
were
talking
about
like
diversification
away
from
a
potential
like
risky
pool,
but
I
guess,
if
you
look
at
kind
of
what
geek
styles
current
treasury
capabilities
are
like.
We
have
a
diversified
treasury,
that's
invested
into
swapper
and
for
right
now
there
it's
been
pretty
conservative
and
has
not
gone
to
those
risky
things.
G
Well,
I
progress
a
number
of
things
first.
Well,
the
level
of
complexity
and
diversification
would
be
increased.
Then,
when
we
would
advocate
for
dxdow
in
different
for
different
protocols
to
be
able
to
use
dxd
as
collateral.
As
I
mentioned,
to
be
able
to
get
a
hold
of
stable
coins
that
would
generate
its
own
yield,
electro
diversification,
token
wise
of
the
treasury,
then
we
would
help
positioning
the
external
in
the
ecosystem.
In
general,
I
mean
there
should
be
a
significant
number
of
pools.
G
There
should
be
available
liquidity
of
the
token
to
make
it
a
token
of
choice.
To
make
it
a
token
that
is
like
on
the
top
of
the
ranks
that
people
want
to
to
hold.
You
know,
which
also
has
the
effect
of
making
the
dao
like
better
positioned
in
the
market,
more
widespread
and
better
known
for
the
ecosystem
in
general,
and
then
what
I
was
mentioning
of
the
risk.
You
know
we
have
the
emergency
protocol
that
I
mentioned,
and
we
are
constantly
researching
and
checking
how
sound
the
current
positions
are.
G
G
H
This
is
something
that
dx
exteriors
is
not
doing
right
now,
also
well
this
token
swaps,
but
also
evaluate
evaluate
how
to
use
this,
how
to
use
your
your
tokens
into
other
protocols,
so
our
core
business
is
as
finances,
so
so
this
is
very,
very
important.
Our
core
business
is
not
what
what
you're
doing
building
two
links
and
and
you're,
both
you're
going
to
excel
in
this,
and
maybe
we
can
also
work
together
and
offer
this
maybe
to
other
dolls.
G
Right,
the
the
yield
we
got
with
the
gnosis
treasury
has
been
greater
than
the
yield
of
the
rest
of
all
the
rest
of
the
dollars
put
together,
we
reached
like
a
51
yield
with
gnosis
alone,
and
we
are
not
chasing
yields
because
we
are.
We
are
very
conservative
with
with
the
positions
we
create
and
the
way
in
which
we
manage
the
tokens,
but
the
thing
is
that
the
management
is
very
active.
We
are
constantly
optimizing.
The
yields
within
the
the
least
range
in
which
we
work.
D
G
We
read
the
audit
reports
whenever,
whenever
we,
whenever
the
research
team
finds
a
new
protocol,
they
have
a
sub
protocol,
they
have
to
follow
and
the
smart
contracts
one
of
the
requisites
is
that
the
smart
contracts
have
been
audited
by
a
third
party
by
a
reputable
third
party
and
there's
a
series
of
other
things.
We
have
a
very
tight
security
protocol
which
makes
the
execution
meetings
very
boring
because
there's
a
lot
I
mean,
there's
a
compromise
between
convenience
and
security.
G
So
we
have
to
make
sure
that
the
addresses
are
correct.
We
have
to
speak
out
loud
what
we
are
about
to
do
so
we
are
sure
that
the
person,
the
trusted
person
holding
the
ledger,
the
hyper
wallet-
is
doing
what
they
are
saying
they
will
do.
We
have
a
panic
phrase
in
case
somebody
is
coerced
or
there's
some
security
issue,
but
it's
just
a
casual
phrase
and
then,
when
it's
pronounced,
when
it's
mentioned,
then
we
discontinue
the
call
with
an
excuse
and
yeah.
G
H
So
yes,
so,
but
regarding
the
smart
contract
audits,
so
we
we
have
a
small
tech
team.
We
have
three
devs
where
they're
mostly
focused
on
anti-liquidation
boards
keepers,
and
we
don't
have
a
smart
contract
auditors
internally.
So
far,
we've
been
doing
this
with
the
internal
team
of
athletes,
so
this
would
be
the
smart
contract
risk.
What
we,
what
we
do
is
the
financial
risk.
This
is
something
we
have
a
small
team
of
research.
H
This
is
something
we
would
definitely
do
this
risk
management
so
for
a
smart
contract.
It's
either
we've
been
doing
so
far.
This
internal
audits,
but
mostly
our
conditions,
are
we
don't
deploy
funds
if
these,
the
smart
contracts
have
been,
you
know,
battle,
tested
and
and
audited
by
these
reputable
companies.
So
this
is
mostly
the
our
workflow.
G
So
what
the
anti-liberation
bots
have
allowed
us
to
do
is
to
increase
the
capital
efficiency
by
by
minimizing
the
collateral.
We
lock,
you
know
to
get
loans
and
they
are
working
constantly,
so
they
give
us
early
alerts
in
case.
We
need
to
increase
the
culture
and
we
have
never
had
a
single
liquidation
so
far,.
A
Yeah,
maybe
just
a
brief
description
of,
I
think,
like
the
very
simple,
like
concept
of
the
of
a
carry
trade
right,
so
this
is
kind
of
what
probably
is
like
the
core
of
a
lot
of
like
the
yield
that
that
capacity
is
generating.
So
basically
you
deposit,
each
something
is
collateral.
You
get
a
loan
out
in
a
stable
coin,
so
you're
paying
an
interest
rate
on
that
loan,
but
you
were
able
to
get
a
yield
on
that
stable
coin
that
is
higher
than
the
amount
that
you're
paying
in
interest
on
the
loan.
A
So
say
you
take
that
stable
coin
and
you
go,
invest
it
and
you
get
five
percent
and
your
loan
is
charging
you
two
percent,
like
you,
were
just
making
a
nice
little
like
three
percent
profit
there,
and
so
for
most
of
the
and
then
the
key
thing.
As
you
mentioned,
you
need
to
manage
those.
Of
course
you
are
borrowing
against
your
ether
right
or
against
whatever
collateral.
So
you
do
need
to
make
sure
that
you're
managing
the
risk
of
that.
A
Because
of
course,
that's
like
that's,
where
the
the
risk
comes
from
sky,
you
had
like
a
pretty
good
post,
I
think
about
running
through
a
couple,
different
questions
and
comments
and
things-
and
so
I
don't
know
if
you
wanted
to
ask
anything
specific
or
we
could
run
through
some
of
the
questions
that
you
would
raise.
Yeah.
I
Then
there's
the
question
of
if
we
want
to
start
doing
something
for
cat
karpatchi,
but
we
are
not
comfortable
with
dx
dow,
the
dow
turning
over.
You
know
x,
billions
of
dollars
to
a
small
set
of
people,
whether
that
is
dx,
dow
people
and
karpaki
people
or
just
a
third
party,
or
something
which
we've
had
other
discussions
with
other
kind
of
investment,
advisors
and
stuff
as
well.
But
that's
really
that
was
like
full
custodial,
which
is
not
ideal
either,
but
this
would
be
like
semi-custodial.
I
The
question
is
how,
because
with
gnosis
like
you,
have
a
550
million
dollar
like
mass
that
you're
working
with
to
like
diversify,
and
you
know
a
lot
of
that's,
not
an
eth.
It's
just
all
these
different
tokens,
which
dx
dow
up
to
this
point,
you
know,
has
diversified
into
dollar
stable
tokens
and
a
few
other
spec
very
specific
tokens
that
it
wanted
to
hold.
But
it
has
chosen
not
to
diversify
into
lots
of
different
tokens
on
purpose.
So
if
we
wanted
to
do
that,
we
could
also
start
to
do
that.
I
So,
like
is
starting
with
a.
Is
there
a
sum
minimum
amount?
I
know
in
the
proposals
proposed
10
million
dollars,
but
is
that
really
is
that
the
minimum
that
you
would
guys
be
would
be
able
to
start
doing
some
kind
of
work
on
because
there's
a
lot
of
work
that
goes
into
this,
or
could
it
start
smaller
so
that
we
could
start
this
relationship?
I
And
then
we
could
also
concentrate
on
the
other
important
things
that
we
really
want
is
how
can
we
actually
do
this
all
with
a
guy
like
an
active
manager
like
you,
but
where
dx
dao
really
still
has
custodian
of
the
funds
so
yeah,
that's
those
are
some
of
the
most
important
questions.
I
guess
would
be
specific
to
you
to
you
guys.
G
G
A
F
A
G
So
other
candidates,
like
naido,
is,
is
one
other
candidate,
we're
working
with
right
now,
but
we
are.
We
are
currently
growing
a
structure
that
and
that
will
be
entered
that
will
be
present
in
in
the
proposal
and
we
have
run
the
figures
and
we
have
set
that
minimum
of
50
million
based
on
our
cost
structure,
so
I
think
you're
lower
than
that.
The
the
the
amount
of
work
that
requires
to
match
the
threshold.
The
way
we
do
would,
in
the
long
term,
not
make
it
worthwhile
with
a
smaller
treasury.
G
But,
as
I
was
mentioning,
we
are
willing
to
start
smaller
for
a
period
of
time
around
six
months
to
see
if
we
feel
comfortable
and
if
you
like,
the
way
in
which
we
work
and
eventually
after
around
half
a
year,
we
would
post
another
proposal
and
ask
the
dao
if
they
would
be
willing
to
increase
the
treasury
size
and
in
parallel
we
were
working
with
with
the
development
team
on
a
plug-in
to
the
noisy,
safe.
That
would
allow
for
a
decentralized
management
that
would
not
require
a
trusted
signer
from
the
external.
G
So
you
could
vote
on
a
strategy
with
a
set
of
parameters
and,
if
I
mean
each
and
every
transaction
we
would
make
after
it
after
that,
vote
would
only
be
executed
if
it's
within
what
the
dow
has
voted.
So
at
that
stage
that
that
wouldn't
require
a
set
up
with
trusted
signers
in
their
behalf,
it
would
be
trustless
for
the
execution,
so
that
has
pros
and
cons.
But
that
is
something
we're
working
on
and
like
something
to
which
we
are
aiming.
Currently,
the
dab
already
exists
and
we're
feedback
to
the
team.
H
So
yeah
this
is
this
is
not
a
promise
right.
We
we
have
a
pilot
that
right
now
is
is
working
with
some
private
funds.
We
are
doing
it
on.
We
have
this
management
safe
on
on
gnosis
chain,
where
we
have
this
white
listed
set
of
smart
contracts,
and
we
can
all
interact
with
this
and
and
also
if
our
goal,
of
course,
is
to
reduce
to
minimize
any
any
kind
of
trust
assumption
for
for
the
moment,
I'm
not
very
concerned,
I
I
know
you're
not.
I
know
this
this.
H
H
I
Would
you
guys
be
able
like
are
you?
Do
you
have
some
some
kind
of
principles
or
like
factors
that
that
have
allowed
you
like,
karpaki
and
gnosis,
and
I
know
kapaki
kind
of
comes
from
the
gnosis
family
right
originally
and
now
it's
kind
of
operating
separately,
but
yeah
like
550
million
dollars
that
was
controlled
by
gnosis
dao?
I
But
you
could
say
that's
a
large,
maybe
multi-sting,
but
it
was
controlled
by
the
gnosis
dao
and
now
that
money
is
being
controlled.
By,
like,
let's
say,
four
people,
how
do
you
get?
How
does
gnosis
dow
get
comfortable
with
taking
on
those
re
with
that
new
risk
for
a
scenario
like
this
like
because
that's
what
we
would
need
to
get
dx
dial
community
and
dxdes
comfortable
with,
and
we
we
to
imagine
the
size
of
that
number
in
the
hands
of
four
people.
I
It
just
seems
very
a
totally
different
risk
than
having
like
treasury
in
an
actual
dao
right.
So
if
you,
if
you
have
factors
that
you
can
help
us
that,
why
you're
comfortable,
why?
Why
gnosis
now-
and
you
guys,
are
comfortable
with
that
that
we
could
use
for
our
community,
then
we
would
help
us
kind
of
sell
it
internally.
Almost.
H
G
A
It
can
be
like
it's
not
so
much
about
the
risk.
I
think
it's
also
about
like
how
it
changes
the
power
structure.
I
think
a
little
bit
kind
of
acknowledging
that,
like
so
for
gnosis,
like
whoever
those
individuals
are
that
are
on
this,
that,
like
wallet
like
they
are
more
powerful
like
in
the
ecosystem,
people
will
kind
of
respond
to
them
differently.
So
there's
a
lot
of
different
like
components.
A
H
D
So
and
I
think
just
sorry
sky
just
like,
I
think
that
treasury
management
is
like
a
very
important
area
of
development
for
dows,
and
so
I
very
much
want
to
see
a
relationship
like
work
out
here,
and
I
really
appreciate
you
guys
taking
the
time
to
like
work
through
a
lot
of
these.
You
know
we
have
a
lot
of
questions.
D
D
So
I
I
mean
I
understand,
like
the
fun
structures
and
and
everything,
but
in
my
view,
like
the
value
out
of
this
relationship
would
be
establishing,
like
totally
new
ways
to
conduct
treasury
management
that
actually
are
trustless
like
that,
can
kind
of
pave
the
way
for
dows
to
just
like
operate
in
more
scalable
and
decentralized.
You
know
going
back
to
the
decentralized
maximum
maximalist
things,
so
I
think
what
I
would
ask
like,
like
does
that
seem
worth
it
for
you
guys
like?
C
D
Require
a
lot
more
work
it
may
we
may
not
trust
you
with.
You
know
the
full
treasury
and
you
know
like
same
on
our
side
right.
We
can't
really
promise
that
in
six
months,
we'd
be
comfortable
with
the
whole
thing
or
even
50
million,
but
I
mean
I
like
personally.
I
think
it's
like
a
very
important
direction
of
exploration,
but
I
I
think
it's
probably
going
to
be
a
little
bit
of
work
right,
like
we're
going
to
have
to
like
figure
these
things
out
along
the
way.
G
G
So
there
would
be
like
a
trade-off
in
that
sense,
but
it
will
be
trustless,
which
is
a
great
like
point
in
favor
of
it.
So
to
answer
your
question:
yes,
we
are
open
to
collaborate
on
decentralization
tools.
We
are
working
on
our
owns
on
our
own
tourists.
Right
now
and
in
the
long
term
we
aim
to
have
a
semi-automated
operation
as
well.
So
basically,
the
dao
would
vote
on
a
proposal
with
the
strategy
that
would
be
could
have
some
level
of
concealment
like
of
vague
statements
like
this.
G
So
that
is
where
we
are
aiming
to
go
in
the
long
term,
because
we
understand
it's
the
only
way
to
scale
in
a
sustainable
way,
but
we
would
always
offer
the
service
we're
currently
offering
because
of
the
number
of
benefits
it
has
for
whoever
is
willing
to
take
the
risk,
because
I
understand
I
mean
if
I
had
73
million
dollars,
I
wouldn't
be
comfortable
just
giving
it
away
to
somebody
that
has
the
power
to
run
away
with
it.
So
eventually
it
should
be.
It
should
be
trustless.
That's
what
we're.
D
G
A
G
I
There's
a
cost
yeah
is,
it
is
mimic
yeah.
I
think
someone
had
mentioned
that
you
guys
are
talking
with
mimik
and
like
d
hedge
and
the
guys
that
allow
for
this
kind
of
copy
trading
technology
and
obviously
like
different
people
that
want
you
to
manage
their
money
could
or
their
tokens
could
will
have
different
sets
of
token.
I
But
if
there
was
like
different
strategies,
different
active
strategies
that
you
could
you
guys
could
do
through
these
platforms
and
then
daos
could
allocate
into
those
that
seems
like
a
very
scalable
thing,
and
so
that
that
sounds
really
interesting,
and
that
is
in
line
with
what
you
described.
As
for
you
guys
to
scale,
you
can't
do
your
different
strategies
for
everyone.
That's
going
to.
Let
you
manage
the
money
really
you.
I
Up
with
awesome
strategies
and
let
people
allocate
into
trustless
contracts
that
like
mirror
your
strategies
or
something
which
is
the
future
like
even
in
traditional
finance
investors
in
funds,
do
not
trust
the
the
founders
of
the
funds
with
with
a
or
a
small
set
of
people
with
the
funds.
All
of
the
funds
sit
with
a
custodian
which
is
a
regulated
government,
regulated
custodian
that
basically
can't
steal
the
money,
and
so
even
in
traditional
finance,
you
don't
never
trust
five
people
with
billions
of
dollars.
You
know
so.
G
It's
it's
more
tailored
and
it's
got
a
greater
human
component
and
that
today
I
think
it's
more
adequate
to
the
speed
at
which
the
b5
ecosystem
moves.
You
know
if
we
script
something
and
we
battle
test
it,
and
then
we
implement
it
by
the
time
we
do
it.
Probably
for
our
parameters
changed
many
times.
We
have,
for
example,
the
strategy
finished
on
a
tuesday
morning
and
a
tuesday
afternoon
we
were
executing,
we
had
to
change
it
because
something
happened
in
the
market.
You
know.
G
If
we
had
just
gone
with
the
original
strategy,
we
would
have
lost
several
million
dollars.
We
were
yielding
1.2
million
dollars
a
week
at
that
point
of
the
market.
It
was
not
yet
the
bear
market,
but
this
agility
can
only
be
obtained
like
manually
the
the
way
in
which
we
work,
whereas
those
solutions
just
are
like
a
pre-built
system.
G
D
And
I
think
it's
nuanced,
but
I
think
agility
and
trustlessness
will
like
work
together
like
as
like,
for
example,
I
could
imagine
like
there's
a
liquidity
pair
where
you
know
dx
style
has
some
money
in
and
the
price
of
something
looks
like
it's
going
to
crash.
You
know
the
money
manager
like
karpaki
could
pull
the
liquidity
before
that
happens
right
and
that
still
is,
could
be
considered.
D
G
Right,
yeah,
that's
something
we
actually
have
been
working
on.
We
have
a
document
with
that,
but
yeah.
When
we
go
trustless
we
still
need
to
have
agility
for
emergency
situations.
That's
not
something
that
we
can
lack
so
yeah.
There
would
be
mechanisms
that
would
allow
us
to
quickly
react
and
be
able
to
prevent
significant
loss.
Yes,.
A
Cool
well
yeah,
thanks
for
hopping
on
we're
right
over
the
hour
here
yeah.
I
imagine
there
will
be
some
kind
of
follow-up
thoughts
as
we
let
let
these
things
ruminate
there's
something
about
even
just
having
this
conversation
out
in
the
open.
I've
kind
of
even
got
additional
thoughts
and
perspective
now
from
this.
So
thanks
so
much
for
for
hopping
on
yeah,
and
there
is,
I
guess
in
general,
people
will
have
comments
or
different
things,
definitely
leave
them
on
the
the
forum
thread.