►
From YouTube: DXgov Weekly Gathering [2022-08-17]
Description
00:03 Welcome
01:03 Mainnet
09:55 Gnosis Chain
16:40 Authorize $500k of DXD buybacks with new parameters
32:48 DXD Token Working Group
34:23 Extras
A
Recording
is
on
welcome
to
geek
style
governance
discussion
for
wednesday
august
17,
1500
utc,
we're
gonna
start
with
the
proposal
roundup
in
a
second,
but
I
just
was
looking
at
the
proposals
today
across
mainnet
and
gnosis
chain,
and
I
think
it's
always
a
good
opportunity
to
just
kind
of
appreciate
all
the
different
types
of
proposals
that
are
currently
on
chain.
You're
thinking.
What
does
a
dow
do
like?
Yes,
it
pays
people,
but
there's
a
bunch
of
other
things
that
deexa
is
doing
all
through
on
chain
proposals
and
yeah.
A
A
A
I
think
these
proposals
carry
maybe
a
little
bit
more
significance
after
the
activities
of
the
last
week
kind
of
highlight
how
front
ends
have
a
major
dependency
there.
So
this
is
another
great
release
from
swapper
team.
I
don't
know
if
adam
or
anyone
had
anything
specific
to
say
about
this,
but
it
has
yet
been
boosted
for
a
day
and
actually
still
needs
some
votes.
So
yeah
swapper,
beta
15.
A
Yes
and
then
there,
as
we
discussed
last
week,
there
are
five
different
scheme
register
proposals.
This
has
been
submitted
actually
almost
like
two
months
ago
by
augusto
and
so
it's
to
remove
some
schemes
that
have
not
been
there.
This
has
actually
been
boosted,
I
think,
for
almost
14
days,
so
it's
been
there.
We
discussed
it
last
week.
I
had
checked
them
also
and
voted
on
them
this
morning
and
yeah.
A
So
those
are
set
to
deregister
those
schemes
that
have
not
been
used
in
three
days
and
then
like
another
different
proposal
for
things
going
on,
we
have
a
rep
mint.
That's
the
distribution
of
governance,
power
to
lucy,
foss
woozy
foss
has
been
without,
for
I
think
two
years
and
was
first
getting
familiar
with
deke
style
through
the
now
defunct
rails
project,
but
yeah
he's
been
contributing.
A
A
A
Although
it's
of
course,
real
funds
to
try
and
trade
die
to
usdc
straight
from
the
mainnet
treasury,
and
so
this
is
something
that
has
been
done
on
gnosis
chain,
but
it's
not
clear
if
this
can
be
done,
whether
you
actually
need
to
send
the
funds
to
the
place
there,
so
this
will
actually
be
a
test
to
see
if
this
is
a
capability
that
that
deek
style
can
carry
out
on
mainnet
through
this
multi
gall
2
scheme.
Here.
A
B
A
So
we
know
that
this
is
like
you
can't
send
each
out
of
this,
and
then
this
is
and
it's
kind
of
hard
to
simulate,
because
the
first
one
is
an
approved
function,
but
like
the
way
that
you
interact
with
curve.
It's
the
same
thing
when
you
interact
with
curve
you
like
first
approve
the
curve
can
spend
your
die
and
then
you
make
a
call
to
make
like
a
specific
trait
of
different
parameters,
and
so
that's
what's
going
on
here.
A
A
How
this
works
but,
like
I
don't
think,
there's
any
chance.
There's
like
a
downside
like
if
the
proposal
doesn't
go
through,
it's
not
like
the
die
will
be
gone
or
anything
there
and
it
is
a
pretty
small
amount
too.
So
yeah,
it's
something
good
to
check
out
as
seen
like
capabilities
of
this,
because
there.
B
A
B
A
A
Cool
and
then
the
last
proposal
on
mainnet
again
here
we
have
like
updating
a
website,
deregistering
schemes
giving
out
governance
power
like
making
trades,
and
then
this
is
another
proposal
was
submitted
to
adjust
the
swap
fee
on
swapper
for
the
dxd
lp
for
the
dixie
eath
pool.
So
this
was
off
of
a
delta
post
posted
a
couple
weeks
ago
off
of
a
long
discussion.
A
I
think
we've
had
for
a
lot
of
different
ways
and
about
dxd
liquidity,
but
I
also
think
it
brings
up
how
highlighting
swappers
innovation
or
ability
to
adjust
fees,
and,
I
think,
being
more
active
on
that-
may
encourage
other
projects
to
use
swapper
as
its
ability
to
adjust
fees
and
ooh.
I
just
had
her
reload
here
here
we
go
yeah.
A
For
for
background
here,
this
would
basically
raise
the
fee
for
all
dxd
for
all
trades.
That
would
go
through
the
dxt
pool
from
0.25
percent
to
0.5,
and
so
the
reason
of
course
doing.
This
is
to
hopefully
generate
higher
fees,
higher
return
for
the
lps
and
therefore
attract
more
liquidity
to
swapper,
which
will
could
increase
the
swappers
protocol
fees,
but
it
also
could
increase
dxd
liquidity.
So
this
is
something
we
have
tried
out
on
gnosis
chain.
Thank
you.
A
So
I
think,
seeing
that
it's
worth
an
experimentation,
this
is
actually
going
through
the
multi-call.
This
proposal
would
actually
go
through
the
multi-call
3
scheme
so
as
opposed
to
the
multi-call
2
scheme,
which
is
open
to
any
smart
contract,
but
it
takes
15
days
to
get
through.
The
multi-call
three
scheme
actually
has
a
proved
set
of
contracts
that
deekstow
can
interact
with.
I
think,
there's
five
on
there.
A
It's
the
dxd
swap
fee
setter,
the
sorry
the
swapper
fee
setter
the
swapper
liquidity
relayer
for
depositing
relayer
into
that
the
ens
resolver
scheme
the
bonding
curve,
and
then
I
think
one
other,
but
the
benefit
of
this
one
is:
it
actually
runs
the
same
same
seven
day
cycle
as
the
other
one
as
the
contribution
reward
scheme
there.
So
this
would
yeah
interact
with
the
multi
call
3
scheme
to
just
simply
call
the
set
swap
fee
function
and
then
to
change
the
dxd
ghd
pair.
A
A
A
Okay,
that's
it
for
mainnet
switching
over
to
gnosis
chain,
and
you
know
I
was
just
saying
on
mainnet.
You
have
all
these
different
proposals
for
all
these
different
types
of
governments
and
then,
of
course,
on
gnosis
chain,
a
little
bit
different
types
of
governance,
but
still
just
as
important.
So
we
have
level
k
worker
proposal
and
payout
for
november
and
december
late
submission,
and
then
we
also
have
level
k
worker
payout
for
january
and
february
late,
submission.
A
Of
those
have
been
boosted
and
are
up
for
voting
for
another
seven
hours.
There
are
a
couple
other
contributor
proposals.
We
have
wix
z,
contributor
proposal
here,
who's
done
a
lot
of
great
work,
not
just
on
on
swapper,
but
I
think
in
dx
stats
and
a
lot
of
people,
I'm
sorry
and
and
and
dx
stats
there
and
yeah.
So
that'll
pass
in
a
day,
and
there
are
a
couple
other
contributor
proposals,
there's
dino
here
and
he's
been
helping
out.
A
A
This
is,
of
course,
to
keep
the
dx
dow
on
nurse's
chain
replenished
with
x-gen
and
sky
has
been
very
good
about
doing
this,
so
this
would
pay
him
back
for
the
gen
that
he's
deposited
into
there
and
then
the
last
proposals
on
gnosis
chain
are
a
couple
buyback
orders
that
have
gone
through.
I
think
there's
two
right
here
and
one
just
went
through
this
morning.
A
There
yeah
and
then
actually
sorry,
there's
one
more
proposal
that
was
resubmitted
yesterday,
which
is
a
big
big
proposal,
so
this
was
submitted
by
melanie
correctly.
I
believe
the
proposal
was
submitted
by
augusto
incorrectly.
Thank
you
melanie
for
for
fixing
that
and
submitting
the
correct
version
here,
but
this
is
for
yeah
the
retreat
in
cartagena
for
october.
A
This
is
kind
of
following
similar
one
as
lisbon
and
the
difference
being
this
time
that
melanie
was
correct
in
sending
usdc
as
opposed
to
die
because
it's
being
sent
to
a
multi-signature
wallet
and
so
for
all
all
transfers
of
native
assets
for
evm
chains.
All
of
those
that
go
through
the
dow
stack
architecture
through
a
multi-um
multi-signature
wallet.
Those
actually
need
a
relayer
to
be
able
to
do
that,
but
erc
20
tokens
like
ustc
do
not
need
that.
So
this
is
a
big
proposal,
25
000
usdc
to
pay.
For
that.
B
Yeah,
I
can
talk
quickly
a
little
bit
about
this
proposal.
Can
you
hear
me
sorry?
My
air
pods
are
yep
yeah,
so
this
proposal,
although
I
did
post
it
augusta,
also
posted
it.
But
this
proposal
is
from
lateral,
which
is
the
external
agency
in
colombia
that
we
are
collaborating
with
to
help
us
organize
the
infinite
hackathon
and
this
year's
dx
retreat.
We
passed
an
on
time
proposal
back
in
april
for
those
of
you
who
remember
for
them
to
support
us
on
these.
B
You
know
initiatives
because
we
felt
it
would
be
best
to
have
local
resources
on
the
ground
to
kind
of
help
us
with
this
planning.
So
this
proposal,
that's
posted
on
chain,
is
a
follow-up
to
the
initial
exploratory
proposal
that
has
passed
and
then
this
proposal
outlines
the
actual
details
for
the
retreat.
B
So,
as
you
can
see
there,
we
agreed
that
conducting
a
retreat
around
the
time
of
devcon
was
best
because
we'd
all
be
in
bogota
for
the
conference
and
then
just
logistically.
It
made
sense
to
do
it
right
after
devcon
and
then
the
goal
of
the
retreat
is
just
to
bring
us
all
together
to
collaborate
and
align
on
initiatives
that
we're
working
on.
You
know
that
may
not
be
so
easy
to
do
when
we're
all
fully
remote.
A
Yeah
I
like
saying
I've
been
telling
once
I'm
telling
people
I'm
going
to
colombia.
I
actually
knew
someone
a
friend
of
mine
who's,
a
colombian
american
colombian
and
I'm
like.
Oh
I'm
going
and
I'm
like
I'm
going
to
bogota
and
they're
like
oh,
it's
cool,
I'm
like,
but
I'm
going
to
cardigan
they're
like
yeah,
that's
really
cool
and
so
excited
about
that.
So
I'm
glad
we
have
this
cartagena
leg.
B
B
B
B
A
Cool
and
then
moving
on
to
discussion
items
here,
so
I
wanted
to
talk
about
draft
proposals
in
the
forum
for
almost
two
weeks,
and
so
this
has
been
discussion
discussion
last
week
and
it's
discussion
in
the
forum
and
the
discord
and
lots
of
places
here,
and
so
I've
updated
some
of
the
text
here
throughout.
I
just
kind
of
want
to
run
through
it
here
and
then
open
for
discussion
before
so
as
a
background,
everyone
will
remember.
A
Let
me
just
kind
of
go
over
and,
like
I
think,
the
big
things
that
are
different
from
that
before
right.
So
it's
from
the
buyback
reserve
announced
in
the
general
treasury
there's
a
couple
huge
things
that,
like
off
the
bat,
are
different
like
one.
The
first
flyback
program
was
actually
just
at
nav,
so
it's
whatever
the
value
of
the
treasury
was,
and
it
was
just
if
dxd
circulating
market
cap
was
trading
at
nav.
So
this
one
is
actually
at
70
percent
of
nav.
A
A
This
is
talking
about
that
orders
may
be
no
more
than
25
of
average
daily
trading
volume
and
can
only
occur
three
times
over
seven
days
and
then
this
second
sentence
is
meant
to
also
ensure
that
the
average
of
order
submissions
are
three
times
over
seven
days,
and
this
was
actually
wording
that
we
had
put
in
into
the
last
buyback
proposal.
But
for
there
it
was
five
days
there
and
then
here
the
next
one
is
there's
a
change.
The
dxd
circulating
market
cap.
A
So
previously,
any
dxd
compensation
that
was
issued
to
contributors
was
included
into
the
calculation
of
dxd
circulating
market
cap,
even
though
this
dhd
is
actually
still
indeed
styles,
treasury
and
most
of
it
actually
won't
vest
for
up
to
three
years.
So
there's
a
lot
of
discussion
on
circulating
market
cap
in
terms
of
how
to
to
define
it,
but
I
think
this
one
is
actually
a
little
bit
simpler.
A
It's
just
simply
dxd,
that's
not
in
deek
style's
treasury
or
in
any
of
its
control
on
main
net
notice
of
chain
and
arbor
term,
one
that's
considered,
circulating
supply
and
any
dxt
that
is
in
the
styles
treasury.
That
would
include
any
newly
purchased
dxd.
Any
newly
purchased
dxd
would
not
count
towards
contributing
supply
there.
So
this
does
drop
down
the
circling
supply
a
little
bit
in
these
last
in
this
first
calculation,
which
we'll
get
to
in
a
minute.
A
A
That
would
change
that
and
then
the
treasury
nav
is
you
know
the
assets
of
geeksdale
mine,
it's
its
liabilities,
deep
styles
assets
are
made
up
of
what
we
define
here
as
core
assets
and
auxiliary
assets,
so
core
assets
are
eth
state
eath,
stable
coins,
swapper
lp
deposits
and
then
auxiliary
assets
are
basically
everything
else,
except
for
dhd
and
gen,
and
the
reason
that
we're
creating
like
the
core
assets
and
the
auxiliary
assets
is
we're
changing
it.
What
percentage
these
assets
actually
contribute
to
treasury
nav
so
for
core
assets?
B
A
There
would
be
a
treasury
nav
contribution
percentage
that
would
be
assigned,
so
this
would
be
how
much
of
these
assets
are
should
actually
contribute
to
treasury
nav,
and
so
in
this
one.
It
establishes
that
and
it
sets
them
all
at
25
of
their
usd
value.
So
this
would
really
apply
to
basically
swapper
ens
and
the
gno
in
the
in
the
treasury.
A
A
Screen
and
so
for
dxd
issuance,
and
so
this
is
what
we
were
trying
to
calculate
and
and
so
to
when
we
were
discussing
previously,
we
were
calling
circulating
supply.
We
were
looking
at
the
amount
of
dxd
that
was
issued
to
contributors
and
ali
does
a
really
great
job
of
tracking
this,
and
so
we
were
just
looking
at
that
every
month
and
how
much
that
was
increasing.
A
It
was
about
200
to
250
dxd
a
month,
depending
on
the
price
of
dxd,
depending
on
the
contributors
that
are
that
are
claiming
it
there,
and
so
that
was
kind
of
increasing
there.
But
in
this
new
draft
that
dxd
that
is
not
yet
been
issued
to
contributors
would
actually
be
still
included
in
the
circulating
supply.
So
we
wanted
to
try
to
do
was
really
figure
out
like
what
is
the
circulating
supply
of
this
and
so
really
kind
of
two
different
ways.
A
You
could
do
that
you
could
add
up
all
the
dxd
that
dxdow
has
in
all
of
its
contracts,
or,
you
could
add
up
all
of
the
dxd.
That's
been
issued
out
of
dxtap,
and
so
that
would
be
like
different
ways
of
kind
of
coming
to
the
same
number
here.
So
the
first
thing
we
did
here
was
look
at
the
mainnet
txt
issuance,
and
so
these
are
all
of
the
transactions
of
dxd
leaving
dx
dow
over
the
last
two
years.
A
So
we
can
see
that
some
of
these
later
on
still
have
a
lot
more
vested
there,
and
so
these
should
be
considered
as
still
being
in
control
by
dx
dao,
because
they
have
because
they
actually
are
still
vesting
a
and
actually
they
have
revocability
through
the
contracts
and
then
d
and
then
nurse's
chain.
Dxd
asians
was
a
little
bit
easier
right.
A
A
Yeah,
so
yes,
that's
like
the
one
way
to
calculate
it
and
that's
what
I've
got
right
here
right,
which
is
basically
how
much
dxd
has
been
issued
by
these
two
changes,
and
so
the
mainnet
dxd
issuance
is
all
of
the
ones
that
has
been
issued
out
of
geek
style,
subtracting,
the
ones
that
are
still
investing
contracts
there.
The
other
way,
as
I
said,
to
look
at
it,
you
could,
just
like
add
up
all
of
the
numbers
that
you
can
see
here,
that
is
in
the
geek
style
treasury.
A
This
is
the
dxdot
invested,
txd
the
dx
down
buyback.
This
is
someone
who
sent
dxd
accidentally
digs
down
gnosis
chain,
there's
3100
in
the
relay
on
notice
chain,
actually
more
in
the
notices
protocol,
v1
account
of
the
relayer
on
nostalgia,
there's
9000,
dxd,
there's
794
hats
and
then
there's
yeah,
there's
like
86
left
in
in
contracts
there,
and
so
that's
like
a
way
of
calculating
all
of
this.
You
can
see
this
number
is
113
621,
but
there's
like
one
more
thing.
We
were.
A
We
wanted
to
do
in
terms
of
getting
a
more
accurate
number
because
there's
actually
a
lot
of
dxd.
That
has
quote
vested
that
is
still
in
deke
styles,
treasury,
like
so
to
give
caney
fork
as
an
example,
you
know:
candy
fork
has
been
working
with
dicks
now
for
two
years,
and
so
now
has
just
dxd
investing
like
every
every
month
and
that
kind
of-
and
I
think
so
I
guess
it
is
sync.
I
think
it
was
like
two
months
ago,
but
there's
probably
already
around
15
to
20
dxd.
A
That
has
vested
that
I
haven't
yet
claimed
and
if
you
add
up
all
of
those-
and
this
is
an
estimate
from
ali's
sheet-
I
think
that's
about
750
there,
and
so
this
is
a
long-winded
way
of
saying
the
circulating
supply
calculation.
Using
this
one
is
36104,
and
you
can
see
here.
This
is
the
big
issuance
from
deekstyle
so
far
1845
and
that's
where
it's
kind
of
come
come
from
there
and
so.
A
For
circulating
supply,
as
I
said,
I
think
it's
about
it's
about
2700
2500
less
than
it
was
before.
So
this
is
a
contraction
and
then
that's
how
we
get
the
circular
supply
number.
And
then
we
just
multiply
that
by
the
dc
token
price,
to
get
the
circulating
market
cap
and
that's
where
we
get
this
number
and
then
we
will
look
at
the
treasury,
and
so
this
is
a
way
of
calculating
the
the
treasury.
A
As
you
said,
all
we
really
want
to
do
is
we're
going
to
calculate
the
core
assets,
we're
going
to
count
their
auxiliary
assets,
and
then
we
want
to
multiply
the
auxiliary
assets
by
their
treasury
contribution
percentage.
In
this
case
it's
25
to
actually
get
how
much
usd
value
they
should
contribute
to
it,
and
then,
from
that
we
get
the
total
treasury
value
of
36.1
million.
And
then
the
liabilities
are
the
290
k,
monthly
burn
as
well,
and
then
that
over
2.5
years
is
8.7
million.
A
And
so
then
we
just
do
36.1
minus
8.7
and
we
get
27.4
as
the
d
style,
treasury
nav
and
then
the
last
thing
right
is
just
to
calculate
the
dxd
nav
ratio,
which
would
be
yeah.
It's
just
the
circulating
market
cap
16.4
divided
by
the
dstat
treasury,
nav
27.4,
which
would
give
a
59.6
current
dxd
nav
and
so
then,
of
course,
would
be
authorized
to
make
purchases
because
that's
under
the
70
percent,
so
that's
kind
of
yeah
where
things
are
at
in
terms
of
this
yeah,
the
text
there.
A
I
think
that
covered
everything.
I
made
a
comment
here
about
some
of
the
the
changes
here,
but
yeah
the
circulating
market
cap,
the
treasury
nav
assets
and
then
yeah.
I
just
did
some
the
spacing
the
orders
off
of
some
of
the
comments
from
spicy
soup.
So
yeah
a
lot
of
a
lot
of
talking
right.
There
open
to
questions,
comments,
suggestions.
A
A
I
think
the
way
it
would
be
here
is
it
would
be
like
just
larger
sizes
but
like
in
this
case
it
would
still
be
restricted
to
no
more
than
75
percent
of
average
daily
trading
volume
over
a
whole
week,
and
so
that's
kind
of
like
the
big
by
reading
it.
This
way,
that's
like
the
big
constraint
there.
I
think.
A
B
B
A
This
was
posted,
I
think
three
weeks
ago
and
there's
a
discussion
on
the
forum
here
calls
elsewhere
here,
and
so
I
think
we
are
looking
headed,
I
think,
ready
where
we
can
try
to
get
this
on
chain
and
see
and
put
it
to
a
proposal
like
the
last
one.
I
did
update
kind
of
some
things
based
on
the
feedback,
the
participants
and
the
budget,
as
well
as
like
updating
this,
the
schedule
for
the
bi-weekly
meetings,
where
it
would
kick
off.
A
On
september
1st,
I
also
updated
it
to
say
that
there'd
been
30
of
the
dxd
purchased
from
the
bonding.
That
was
minted
off
the
bonding
curve,
which
I
think
is
a
pretty
impressive
number
and
yeah.
I
would
kind
of,
I
think
the
immediate
priority
is
more
on
the
500k
authorization
proposal,
but
I
think
once
that
gets
submitted,
then
yeah
I'd
be
looking
to
submit
this
one.
So
I
wanted
to
see
if
there
any
questions,
thoughts,
comments.
A
All
right
and
then
that,
oh,
that
was
it
actually
some
things
that
are
always
like
worth
checking
out
augusta
has
some
extra
payments
expenses
that
are
interesting
and
then
yeah.
I
think
a
really
great
thread
that
just
had
an
update
in
the
last
hour
is
from
nimi,
so
yeah.
I
would
go
check
that
out
there
and
all
the
other
great
things
in
the
forum,
but
yeah
anything
else
on
the
mind
on
the
governance
agenda
to
bring
up
before
we
close.