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From YouTube: DXgov Weekly Gathering [2022-03-30]
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B
Welcome
to
deep
style
government's
discussion
for
wednesday
march
30th,
starting
first
with
the
proposal
roundup.
Let
me
share
my
screen.
B
While
we
wait
with
baited
breath
for
the
status
of
john's
muffler,
we
can
go
over
the
current
proposal,
so
this
is
actually
on
the
wrong
network
yeah.
So
actually,
no
proposals,
maintenance
proposals
on
mainnet
now,
but
there
was
just
a
swapper.edu
proposal
that
was
actually
in
between
the
last
government's
discussion
and
this
one.
I
think
it
was
submitted
on
thursday,
friday
and
then
kind
of
passed
on
on
sunday,
because
those
only
take
four
days
to
go
from
submission
boost
to
passing.
So
that's
a
cool
one.
It
added
account.
C
B
To
the
token
list
that
was
a
big
update
there
and
just
like
a
small
thing
about
how
maybe
dxnow
governance
with
deep
stock
contributors
were
like
thinking
about
this
cow
swap
themselves
did
not
actually
have
the
cow
token
added
to
the
cow
swap
token
list
on
the
day
of
the
launch,
but
dxt
or
swapper
did,
and
even
though
we
had
to
like
do
an
on-chain
main
net
on
chain
proposal
to
update
that.
B
So
I
think
that's
also
indicative
of
maybe
some
of
the
how
the
cal
launch
went
on
swapper
in
general
lots
of
lots
of
good
stuff
there,
but
yeah,
so
that
was
on
main
episode,
nothing
else
on
on
mainnet
now,
but
on
notice
chain
we
have
four
buyback
orders.
As
usual,
we
have
augusto's
contributor
work
proposal.
This
is
a
two
month,
one
I
think,
from
the
fall
van
grim
contributor
proposal.
B
I
actually
want
to
vote
on
that
when
I
meant
to
do
that
one
and
then
we
have
adam
azad
contributor
proposal.
That's
pre-boosted!
We
have
the
somewhat
mysterious
december
2021
proposal
title
which
don't
be
alarmed.
This
is
kaden's
proposal.
You
can
see
there
but
a
word
to
the
wise
it's
important
to
put
the
information
besides
just
the
month
in
your
proposal,
title
yeah
and
then
actually
medusa
looks
like
just
submitted
a
proposal
this
morning
for
for
his
and
then
actually
at
the
bottom.
B
We
have
leonardo
bur
t.o.t
contributor
proposal,
which
is
actually
in
a
quiet
ending
period
because
it
took
just
under
two
days
there
and
then
there
is
an
exciting
one.
I
think
another
one
to
provision
a
hundred,
weap
and
260k
xi,
just
swapper,
so
maybe
dave
you
can
kind
of
just
give
us
an
update
on
where
we're
at
in
this
swapper
liquidity
provision.
D
Absolutely
so
this
is
the
final
proposal
to
provision
liquid
into
the
swapper.
Of
course,
ether
has
moved
up
significantly
since
this
original
proposal
passed
off
the
top
of
my
head.
I
believe
it
was
1.2
million
die
and
then
the
corresponding
amount
of
ether.
D
Of
course,
at
that
point,
for
the
price
of
ether
due
to
ether
moving
up
significantly
we'll
have
some
xti
left
in
the
swapper
liquidity
relay,
but
we
can
just
withdraw
that
to
the
treasury,
so
not
really
much
of
an
issue,
but
just
of
course
one
thing
that
happens
when
we
do
these
things.
All
the
time
is
that
you
know
markets
move,
and
you
know
it's
impossible
beforehand
to
always
send
the
correct
amount,
but.
D
C
D
Quite
a
significant
amount
yeah
but
yeah,
but
we'll
be
able
to
withdraw
that
to
the
treasury.
So
that's
not
an
issue
and
yeah.
It's
the
last
one,
so
we'll
see
as
well
what
price
this
goes
through.
We
might
even
have
a
bit
more
rap
xi
left
over
them.
D
B
D
B
And
then
maybe
like,
I
guess,
there's
been
a
couple
other
some
activity,
the
last
couple
days
in
fun
transfers.
So
what's
what
have
we
been
moving
around
or
what's
been
going
on
on
the
transfer
front.
D
Absolutely
so
going
off
the
top
of
my
head,
but
I
believe
we
moved
435
ether
into
web
and
bridged
them
over
to
ignore
this
chain
from
mainnet
and
385
of
those
went
into
the
buyback
relay.
So
just
on
time.
We
were
like
one
ether
short
for
the
upcoming
proposal,
so
we
managed
to
bridge
that
just
in
time,
so
the
buyback
keeps
rolling
up
and
we
have
another
50
weft,
which
was
bridged
directly
into
the
gnosis
chain
treasury.
D
So
you
know
a
lot
of
contributors
have
some
expenses,
sometimes
in
west,
whether
that's
paying
for
invoices
fees
or
deploying
contracts.
So
it's
always
nice
to
have
some
wealth
on
hypnosis
chain,
and
I
think
we
have
like
around
62
left
now
in
the
noses
chain
treasury,
so
that
should
last
a
significant
amount
of
time
and
then
other
than
the
weft.
We
also
bridged
over
400k
die
so.
D
Okay,
we
tapped
into
that
from
our
stable
coin
holdings
on
mainnet,
so
that's
400k
die
which
was
moved
to
the
gnosis
chain.
Treasury
200
of
that
was
just
in
die
and
then
half
of
that
was
actually
wrapped.
So
the
reason
we
wrapped
that
is,
that
we're
a
lot
able
to
do
a
lot
more
things
with
wrapped
x-style,
like
moving
it
into
other
stable
coins
and
well
anything
really
which
involves
generic
multicores.
D
We
could
even
stake
it
into
curve,
for
example,
we've
wrapped
x-tie,
and
that's
just
because
of
the
the
limitation
in
our
voting
machine
about
the
native
token
transfer,
which
kind
of
limits
what
you
can
do
with
the
native
token
on
each
network,
and
I
believe,
that's
pretty
much.
All
the
transfers
we've
done
and
we'll
probably
have
a
significant
amount
of
x
died
for
now
and
ignore
this
chain
treasury.
D
Considering
this
recent
movement
of
400k
xti,
and
on
top
of
this,
the
surplus
of
x,
I
will
have
from
the
price
of
ether
going
up
so
we'll
have
the
x-type
coming
from
the
swapper
relay
back
into
the
treasury.
Yeah.
B
Awesome
and
yeah,
I
mean-
I
think
this
there's
a
lot
of
stuff
going
on
with
cal
this
week
and
I
think
people
kind
of
paying
attention
on
other
calls
in
other
areas,
but
it
was
a
very
good
time
or
also
for
dx
dow,
as
an
lp
on
swapper
and
specific,
specifically
on
this
on
the
wef
xdi
pair.
I
think
they
were
getting
something
like
these
numbers
are
not
right
exactly,
but
they
were
getting
something
like
200
percent
of
volume
in
a
day.
B
So
two
important
is
it
200
the
fees
over
liquidity?
So
right
now
it's
at
41
and
I
think
during
the
cal
launch,
it
was
at
like
200
and
then
the
other
really
great
one
was
actually
this
usdc
xdi
pair
you
can
see.
Even
now,
it's
got
90
000
in
volume
over
the
last
24
hours,
which
is
a
17
like
year,
apy
on
just
stable
coins,
and
I
think,
on
monday
it
was
like
at
100.
B
There
was
almost
a
million
dollars
in
volume
on
this,
which
means
I
think,
that
treasury
made
like
two
thousand
dollars
alone
on
monday,
just
from
this
usdc
xdi
pair,
and
then
this
is
on
top
of
like
the
protocol
fee
itself,
which
isn't
gonna
go
to
the
swapper,
but
just
as
deep
stau
as
an
lp,
this
web
x
die
has
actually
been
pretty
successful.
Obviously,
it's
it
is
sensible
to
impermanent
loss,
but
I
think,
with
this
type
of
volume,
it
has
been
able
to
to
beat
that.
B
Cool,
I
think,
that's
it,
oh
and
as
nathan
says
there
right
yeah,
we
have
two
million
more,
so
I
think
we
officially
have
surpassed
sushi
on
notice's
chain.
I
think
both
your
combination
of
deke
style,
acquitted,
I
think,
more
importantly,
was
the
addition
of
the
cow
liquidity
which
thinks
about
two
million
two
million
dollars
right
now
in
the
tvl
in
that
pair
yeah.
I
think
that's
it
for
proposals.
B
Yeah
and
then
for
the
kind
of
discussion
items,
the
two
things
I
thought
we
could
kind
of
chat
briefly
about.
We
did
talk
about
this
on
briefly
on
the
the
biz
dev
call
on
monday,
but
for
those
of
you
who
are
not
aware,
I
made
a
forum
post
after
chat
kind
of
some
other
people
in
duke
style,
about
the
possibility
of
deep
style
participating
in
an
agave
auction
to
recapitalize
it
after
the
exploit.
B
So
this
is
still
you
know
a
lot
of
moving
parts
to
this,
but
just
wanted
to
kind
of
maybe
start.
The
discussion
on
would
deke
style
be
interested
in
like
committing
capital
to
recapitalize
agave.
I
think
for
me,
a
couple
of
the
key
points
are
one
having
gnosis
as
a
big
backer
or
as
if
they
are
buying
a
lot
of
agave
tokens.
That
is
a
way
to
align
interest.
B
I
think
two,
it
does
show
the
strategic
benefit
or
in
the
conversations
around
what
how
agave
could
fit
into
the
deep
style
product
suite.
I
think
it
does
show
the
benefit
of
having
a
lending
protocol
in
dxtyle's
product
suite,
so
I'm
just
figuring
out
almost
a
way
to
fill
that
strategic
need
and
then
yeah
it's
kind
of
an
opportunity,
maybe
to
expand
our
presence
on
gnosis
chain.
There's
a
you
know:
commun,
the
agave
community
has
has
a
good
relationship
with
dietstyle
already,
and
so
maybe
it's
some
things
there.
B
I
don't
think
there's
really
any
updates
since
their
post
in
the
forum,
which
hinted
at
a
recapitalization
plan
and
a
auction
that
deekstyle
could
participate
in,
but
I
don't
think
there's
any
timeline
or
any
specifics
on
that
now
so
mostly
kind
of
discussion
phase
and
maybe
ready
to
ask.
But
I
think
this
is
yeah,
there's
a
lot
of
like
longer
questions
about
kind
of
like
what
this
means
and
what
we're
kind
of
how
the
products
we
developed.
What's
the
styles
like
kind
of
strategic
needs,
yeah,
I
don't
know.
B
If
there's
any
questions,
maybe
john,
you
wanted
to
add
anything
from
your
perspective.
A
Yeah,
I
think
the
like
what
you
said
is
a
good
goal
like
coming
out
with
an
alignment
with
a
lending
protocol,
more
alignment
with
gnosis.
A
I
think
these
are
like
high
level
things
we
should
be
aiming
for-
and
I
think
I
mentioned
this,
maybe
on
monday,
but
yeah
like
I,
I
think
we
still
have
maybe
some
due
diligence
to
do
or
to
like
see
from
the
agave
team
for
that
specifically
in
terms
of
like
what
their
team
looks
like
and
also
like
what
their
road
map
is
and
what
their
game
plan
is,
because
I
think
that's
that's
going
to
be
important
as
well.
A
Has
there
been
any
new
developments
and
I
think,
there's
still
there's
the
proposal,
the
post,
rather
in
the
gnosis
forum,
right
I've
like
read
the
the
post
from
100
and
agave,
but
I
haven't
seen.
I
don't
think,
there's
been
any
follow-up
to
that.
Yet
right.
B
B
B
There's
a
little
bit
different
kind
of
approach
there
and
you
know
I
think
these
are
we
deep
style
should
be
on
the
lookout
for
these
opportunities
as
they
arise,
because
I
think
it
sounds
well
positioned
in
terms
of
it's
like
treasury
or
product
suite
to
maybe
invest
in
projects
as
we
go
through.
Maybe
a
sideways
bear
market
regardless
the
last
week
here,
and
I
think
there
will
be
a
lot
of
consolidation
in
general
in
d5
over
the
next
like
year
or
two,
and
there
will
be
some
opportunities.
B
So
it's
it's
kind
of
to
keep
our
eyes
open
for
those,
because
what
ends
up
happening
is
like
those
opportunities
arise
because
of
some
like
unforeseen
event
like
this
right,
where
agave
needs
to
sell
a
bunch
of
agave
tokens
to
recapitalize.
So
that's
why
the
opportunity
exists,
but
I
think
it's
important
for
geeks,
dow
and
like
the
community,
to
be
on
the
lookout
for
how
we
can
maybe
make
some
strategic
bets
on
this.
G
Maybe
tomorrow's
community
call
is
a
good
place
to
discuss
it
again,
because
I
was,
I
was
kind
of
thinking
that
some
of
the
the
active
dxd
holders
that
are
very
you
know,
opinionated
about
dxd
buyback
programs
and
how
it
affects
dxd
prices.
And
if
it's
good
for
dxd
and
stuff
like
that,
I
was
thinking.
Maybe
they
haven't
seen
the
post.
Maybe
they
don't
have
an
opinion,
but
it
would
be
interesting
to
have
to
hear
what
some
of
those
very
active
dxd
holders
think
about.
G
Dx
dow,
like
you
know,
paying
money
from
a
treasury
to
have
participation
and
part
ownership
in
in
something
like
an
agave
lending
protocol
and
they
haven't.
It
hasn't
been
much
feedback
on
the
forum
post
from
from
that
community,
but
we
should.
We
should
try
to
get
it.
Maybe
we
can
actively
ask
their
opinions
or
we
can
raise
on
the
community
call
if
they're
going
to
be
there.
Maybe
we
can
say
we're
going
to
talk
about
dxd,
buyback
and
then
actually
talk
about
agave
on
the
community
call
and
see
if.
B
A
B
Have
skipped
the
discord
and
only
mark,
so
connor
did
like
immediately
respond
in
discord
and
like
I
wish
he
actually
would
have
posted
this
in
the
forum,
because
it
is,
I
think,
just
looks
like
a
good
opportunity
to
me
personally.
I've
seen
a
fair
bit
of
talk
recently
about
protocol
protocol
investments
being
kind
of
idle,
because
a
reluctancy
to
ever
sell
then
again
and
therefore
realize
value
of
the
investment
which
I
think
has
merit,
but
shouldn't
be
a
blocker.
B
I'm
actually
not
sure
what
that
exactly
means,
but
he
has
given
feedback,
and
I
think
I
guess,
when
I
think
of
like
the
dsd
community,
that
is
loud
on
the
buy
back.
It's
like
him
and
ping
kong
and
then
maybe
luigi,
but
obviously
he's
kind
of.
But
I
do.
I
think
it
would
be
great
to
have
like
more
discussion
in
general,
like
on
the
forum
from
this
from
people,
but
I
also
think
it's
just
like
the
early
stages
now
that
this
will
actually
take
some
time
to
develop.
A
I
think
what
might
be
because
I
think,
what's
been
useful,
at
least
from
my
perspective
and
even
just
like
talking
about
this.
You
know
we've
only
started
really
talking
about
it
on
the
the
calls
like
this
week,
but
like
last
week,
there
were
a
few
of
us
discussing
this
kind
of
what
it
might
mean
is
is
kind
of
just
thinking
about,
like
strategically
what's
important
for
dx
tau
so
like.
I
think
there
might
be
some
value
in
almost
like
putting
a
spec
or
like.
A
G
Definitely
yeah
also,
you
mentioned
john,
the
like
due
diligence
on
like
what
their
team
and
the
road
map
and
their
commitments
and
how
it
would
work
and
things,
but
there's
also-
and
it's
very
confusing.
So
I'm
not
sure
I
understand
it
fully
but
like
how
like,
because
it
lost
all
its
money
and
there's
people
that
were
lending
and
there's
people
that
were
borrowing
and
even
if
they
got
an
injection
of
capital
from
in
a
round
plus.
G
A
I
think
I
think
it's
important
due
diligence
like
yeah,
I
mentioned
earlier
kind
of
diligence
on
the
team
structure
and
their
like
future
roadmap,
but
I
think
what
you're
saying
also
totally
makes
sense.
We
need
to
do
some
due
diligence
on
basically
the
execution
plan
of
restarting
the
protocol,
and
maybe
even
thinking
a
little
bit
about,
like
you
know,
do
we
feel
good
about
the
technical
risk
overall
of
of
the
protocol
and
so
like
the
hack
itself.
Is
it's
interesting?
A
I
don't
know
if
people
like
looked
at
the
kind
of
the
postmortem
and
stuff,
I
think
it
was
like
the
gnosis
forum
or
like
the
weekly
gnosis
dao
thing
had
like
kind
of
compiled
some
stuff.
A
That
was
a
good
reference,
and
you
know
this
is
a
reentrancy
attack,
which
is
the
same
style
of
hack
that
the
original
dow
hack
was,
and
so
it's
basically
when
a
contract
is
making
an
external
call
to
another
contract,
it's
possible
for
that
external
contract
to
kind
of
do
whatever
it
wants
like,
and
so
you
have
this
concept
of
reentrancy,
which
is
when
that
external
contract
you're
calling
calls
back
into
your
contract,
and
like
does
things
that
like
manipulate
the
system
and
so
the
way
you
protect
against
these,
like
bad
things
happening.
A
Is
this:
it's
called
the
effects
and
interactions
pattern,
and
basically
it
just
means
that
you
want
to
record
any
effects
of
what
you're
trying
to
do
into
the
state
of
your
smart
contract
before
you
go
out
and
interact
with
external
contracts,
and
that's
like
you
know,
so,
if
you
want,
if
you're
doing
something,
that's
going
to
affect
like
the
total
like
collateral
balance
in
the
lending
protocol,
I'm
just
kind
of
like
making
up
an
abstract
example,
and
this
is
not
like
what
how
I
don't
know
exactly
exactly
what
happened
in
the
agave
hack.
A
So
first
is
like
the
ave
code
itself
apparently
was
not
following
this
effects
and
interactions
pattern,
and
so
that
was
one
thing
that
enabled
this
attack.
The
second
thing
is,
you
know
this:
the
external
contracts
that
agave
was
interacting
with,
and
so
these
are
the
listed
tokens,
and
so
you
could
say
agave
did
not
do
good
due
diligence
and
listing
their
tokens
to
make
sure
that
there
weren't
these
callback
functions
that
enable
the
the
you
know
coming
back
to
the
original
contract
they're
calling
back
to
the
contract.
A
So
you
could
say:
okay,
agave
share
some
responsibility
there
for
not
doing
the
due
diligence,
but
then
the
reason
that
gnosis
chain
is
doing
the
hard
fork
is
that
these
tokens,
like
it's
the
older
ones,
I
guess
in
the
system-
and
I
guess
that's
probably
like
wef
and
raptex
die
or
whatever
those
have
these
extra
callbacks,
which
are
not
like
in
your
simple
erc20
contract.
So
it's
like
these
three
things
right.
A
These
tokens
on
gnosis
chain
have
this
extra
functionality,
which
exposes
you
to
increased
reentrancy
risk,
and
then
you
know
agave
if
they
had
actually
like
checked
for
these
things,
maybe
would
have
realized
this
ahead
of
time
and
not
listed
the
these
tokens,
but
you
know
to
be
honest,
like
I
don't
really
like
you
know,
I
feel
like
if
I
were
in
this,
the
situation
of
agave,
I'm
not
sure
like.
A
I
would
have
known
any
better
right,
like
you're,
you're,
forking,
a
well-known,
well-established
protocol
onto
an
evm
chain
and
listing
well-known
tokens
like
I
don't
think.
It's
necessarily
obvious
that
you
would
like
expect
something
like
this
to
be
a
problem,
so
so
definitely
have
a
lot
of
sympathy
for
them
like
this.
This
is
like
something
that
you
know
it's
unfortunate
and
he's
like
yeah.
A
We
call
we
call
foot
guns,
which
is
like
something
you
can
step
on
that
blows
up
in
your
and
like
and
harms
you
so
anyways
like
that's,
like
sort
of
like
the
technical
picture
here
and
now,
like
there's
the
question
of
restarting
the
protocol
and
there's
three
things
I
can
think
of
which
need
to
be
accounted
for,
and
maybe
there's
more
because
I'm
not
really
an
expert
in
these
in
any
lending
protocol,
let
alone
like
ave
so
but
like
there's
the
stolen
funds
right
like
so
the
system's
missing
funds
that
needs
to
be
adjusted
for
there's
the
fact
that
the
market
has
actually
been
moving
since
the
hack.
A
So
what
was
like
originally,
I
think
dave.
You
are
the
numbers
on
this
trade
like
it
was
like
originally
like
a
4.7
million
dollar
hack
or
something,
but
because
eath
is
going
up
and
other
things
gno
is
going
up
like
the
hack
is
actually
worth
a
lot
more
now
and
then
the
third
thing
is,
and
if
you
have
any
money
in
agave,
you
can
actually
see
this
in
the
ui.
This
is
actually
also
happening
at
the
smart
contract
level.
Interest
is
accruing
at
some
really
whacked
out
rates
because
there's
no
collateral
in
the
system.
A
So
there's
like
you
know,
the
lending
rates
are
like
a
hundred
percent
or
something
crazy,
and
these
are
these
like
interests
like
this
is
accumulating
in
the
system.
So
you
have
people
you
know
technically.
The
system
thinks
that
people
owe
a
lot
more
than
they
did
when
the
hack
happened.
Probably
a
bunch
of
accounts
are
like
underwater
and
would
be
susceptible
to
liquidation.
A
You
know,
I
think
it's
going
to
have
to
be
sort
of
like
a
manual
redeployment
with
a
lot
of
like
manual
like
sending
of
tokens,
would
be
my
guess,
but
I
don't
know
in
any
case,
we
need
to
see
a
good,
solid
plan
from
them
on
like
how
this
is
going
to
happen,
and
we
should
you
know,
look
at
it
ourselves
and
make
sure
there's
like
some
smart
technical
people
that
also
like
approve
the
plan.
E
A
B
Right
so,
and
I
think
there
is
a
lot-
I
see
a
potential
big
strategic
opportunity
for
deke
style,
but
that
is
like
not
yet
clear
right
now
and
lots
of
things
need
to
unfold
before
it's
clear
like
what
that
opportunity
is,
and
some
of
it's
just
this
is
that
due
diligence,
some
of
that
is
like
they
need
to
like
clearly
explain
these
things,
but
like
I'm
hoping
or
I'm
optimistic
that
those
things,
I
guess
will
move
forward
in
direction,
but
I
think
a
key
part
in
all
of
this
is
gnosis
and
if
they
are
feeling
comfortable
with
like
the
technical
plan
to
reimplement,
then
like
you
know
that
says
a
lot
there.
B
So
I
think
we
may
not
be
geek.
Style
may
not
be
like
driving
this
deal,
but
I
think
others
may
be
doing
it,
but
I
think
it's
like
still
an
opportunity
for
us
to
participate
now.
There's
another
world
where
we
can
kind
of
like
be
a
much
more
like
proactive.
B
You
know
about
this
and
saying
like
we
need.
We
need
a
lending
protocol
like
that's
our
goal
and
like
how
do
we
get
there
and
yeah
like
I
almost
like
the
idea
of
putting
out
a
spec
there,
but
I
think
it's
good
that
we're
just
kind
of
seeing
how
like
a
strategic
opportunity
and
like
how
how
we
could
best
seize
it,
and
you
know
doing
due
diligence
and
kind
of
discussing
in
the
community.
I
think
these
are
all
good
steps.
A
G
There
was
a
proposal
or
a
discussion
around
like
asking
or
ave
coming
to
gnosis
chain
right.
So
if,
if
this
exists,
it
wouldn't
wouldn't
ave,
see
something
like
or
compound,
see
an
opportunity
here
and
then
just
bring
like
the
varsity
lending
platform
to
what
could
become
a
really
big
chain
like
they
did
with
polygon.
B
I
think
there's
a
possibility.
I
was
actually
just
going
to
share
this
before
that
question,
but
stani
was
on
bankless
yesterday.
I
think
a
big
podcast
and
kind
of
talking
about
this
and
ryan
was,
you
know,
I
think,
kind
of
framing
the
ques.
Your
question
is
like:
will
d5
blue
bloods
be
successful
everywhere,
or
will
there
be
like
chain
native
projects?
B
That
kind
of
prop
up,
I
mean
think
of
pancake
swap
trader
joe
swapper
swapper,
and
so
I
think
it's
like
a
little
push
and
pull
for
both,
but
I
think
for
nothing
for
deke
style
and
gnosis
like
the
key.
B
Is
we
both
have
a
treasury
that
could
be
used
in
a
protocol
like
this
in
a
lending
protocol,
and
we
literally
have
like
10
million
dollars
of
stables,
and
I
think
it
only
makes
sense
for
us
and
gnosis
both
to
do
that
in
a
protocol
that
it
has
a
big
stake
in,
and
so
I
think
that's
what
could
be
driving
it
in
addition
to
like
gnosis
chain
itself
needs
that
needs
like
those
those
kind
of
capabilities,
and
that's
the
last
thing
I'd
say
on
this
like
podcast,
I
thought
was
really
interesting.
B
Is
so
it's
all
about
avid
v3,
which
really
is
like
a
cross-chain
lending
protocol,
and
so
I
think,
when
we're
thinking
about
deep
styling,
it's
a
lending
protocol
like
we
don't
want
something
with
like
2019
tech.
In
a
way
I
mean
we
do
it's
okay
to
get
that
now,
but
like
if
we're
gonna
be
competing
in
the
lending
protocol
d5
lending
protocol.
This
is
like
kind
of
our
bet.
B
We
need
to
be
thinking
about
the
next
several
years
of
building
kind
of
lending
infrastructure
and
how
that's
going
to
be
done,
because
I
assume
there
will
be
a
lot
of
innovation
in
the
lending
space,
specifically
as
it
comes
to
like
cross
chain
stuff
that
will
need
to
be
implemented
in
whatever
lending
protocol
play,
that
deek
style
engages
in,
and
so
I
think,
that's
kind
of
that's
kind
of
getting
into
like
the
due
diligence
of
like.
A
Yeah
it's
an
interesting
question
on
like
whether
ave
is
coming.
I
think
it
was
the
the
carpet
key
folks
that
made
a
post
in
their
forum
about
coming.
I
don't
know
if
there
was
any
follow-up
on
that
post
and
whether
avi
was
going
to
come.
I
do
know
too
that
agave
is
actually
in
touch
with
of
a
the
team
about
this.
A
B
Cool
all
right.
Well,
this
was
a
good
kind
of
discussion,
as
I
said,
let's
put,
we
can
get
some,
maybe
more
discussion
on
the
forum.
With
these
points,
I
think
there's
some
some
good
points
but
yeah,
I
think,
we'll
be
waiting
to
see
how
things
unfold
and
see
if
there's
an
opportunity
for
for.
A
G
H
H
B
And,
like
you
know,
just
as
things
that
went
down
recently
like
on
landing
particles,
they
really
talked
about
like
the
politics
or
the
potential
strategic
advantage
of
the
ability
to
list
collateral.
I
don't
know
if
you
saw
that
a16z
voted
down
matic
or
polygon's
token
collateral
application
on
the
compound
governance.
B
B
Right
right
I
mean
that's
like
that's.
The
whole
point
like
matic
is
like
a
massive
competitor
to
all
of
a16z's
investments.
Like
I
mean
they
have,
I
don't
know
they're
in
every
other,
and
so
I
do
think
that
you'll
see
that
more
in
governance
and
specific
landing
protocols,
and
this
like
collateral
component.
E
Quick
question
for
us
for
for
the
guilds
diegs
dao
as
dao
holding
tokens,
could
it
participate
in
the
guild.
I
Yes,
it
could,
it
would
just
depend
on
timings,
obviously,
but
we
can
set
up
schemes
to
move
faster
or
remember
their
correct
timings
for
matching
with
the
guilds,
but
yeah
that's
possible
wow,
and
actually
it's
probably
not
necessary,
but
it's
definitely
a
good
thing.
If,
even
if
we're
not
voting
to
lock
the
tokens
in
the
token
vault
anyways
for
guilds,
so
that
we
inflate
the
supply
a
good
approach,
so
they
don't
have
like
a
very
low
amount
of
governance
tokens
so
that
anyone
could
come
in
and
then
start
taking
over
governance.
A
Speaking
of
friendly
forks,
I
don't
know
for
those
in
the
gnosis
ecosystem
dow
discord,
which
we
helped
set
up.
What
gnosis
chain
innovation
down?
There
was
some
talk
this
week
about
another
post,
but
I
think
it
was
the
same
folks
that
were
posting
posting.
I
think
it
was
maybe
in
the
gnosis
forum
about
like
soliciting
a
balancer
friendly
fork
on
gnosis
chain
and
there's
symmetric,
which
is
a
balancer
fork.
A
That
sort
of
I
think
this
is
acknowledged
in
the
post
actually,
but
but
basically
they're
they're
talking
about
this
in
the
gnosis
innovation
tao,
because
you
know
it's
sort
of
like.
I
think
the
symmetric
folks
feel
a
little
bit
threatened
by
this.
You
know,
like
you
know,
his
nose
is
pushing
for
balancer
to
come
in
and
like
compete
with
them
or
like.
Are
they
getting
support
from
gnosis
on
this?
A
So
that's
sort
of
an
interesting
question
I
think
in
in
general
sort
of
relates
to
the
external
a
little
bit,
but
something
maybe
just
to
keep
an
eye
on
in
general,
like
just
sort
of
the
politics
of
the
chain.
B
Awesome
and
just
moving
on
to
the
next
discussion
item
a
swap
fee
update
and
so
for
those
of
you
don't
know.
We
had
this
venky's
been
leaving
this
effort
kind
of
looking
at
the
swap
fees
on
adjusting
the
swap
piece
on
swapper,
and
we
had
done
a
poll
and
I
believe
we'd
executed
the
first
one
for
swapper
xdy
about
like
a
week
ago
and
yeah.
So
maybe
thank
you,
can
kind
of
give
us
an
update
on
like
how
that
went
and
yeah
should
we
be
raising
more
fees.
F
Yeah,
so
out
of
the
four
proposals
of
the
four
proposals,
I
created
an
on-chain
proposal
to
update
swap
fee
for
swapper,
x,
style
and.
C
F
C
B
B
F
B
And
I
think
we
noticed
this
like
when
you
have
a
monopoly
on
the
pool
or
on
the
pair
like
feeds,
don't
matter
as
much
and
so
like
there's
not
going
to
be
another
swapper
pool.
So
as
long
as
there
is
and
like,
I
think,
people
will
want
to
buy
swapper,
but
I
mean
there
was
a
lot
of
permanent
loss
last
week
right
because
it
just
jumped
very
quickly.
So
there
is
some
risk
to
doing
that.
B
I
also
think,
like
higher
fees
are
in
general,
probably
a
strategy
that
swapper
could
use
for
some
of
the
pairs
that
it
goes
after
in
the
cow
I
was
just
thinking
in
the
cow
swap
launch,
obviously
like
it's
fine
that
there
was
a
lot
of
fees
from
all
of
the
volume
and
trading
activity,
but,
like
I'm
sure
there
would
have
been
just
as
much
volume
if
the
swap
fee
was.
B
B
So
I
would
really
say,
like
maybe
that's
a
strategy
of
swapper
for
like
new
tokens,
like
they
start
with
a
high
lp
fee
that
maybe
comes
down
now.
Of
course,
you
need
to
be
able
to
be
able
to
have
like
the
monopoly,
and
so
you
have
to
probably
have
rewards
on
it,
or
you
have
to
have
some
way
of
knowing
that
that
token
liquidity
is
going
to
come
to
that
pool,
but
yeah,
and
so
just
in
addition
to
the
swapper
one.
B
I
think
it
would
make
sense
to
explore
explore
dxd
west
both
on
xdi
and
I,
I
think
also
should
be
considered
on
main
net.
B
F
Hopefully
this
is
an
on-chain
proposal
soon,
but
yeah
you
can.
You
can
actually
see
that
the
width
house
has
point
five
percent
and
yeah
the
swapper
x
drive
is
one
percent
and
I
tried
adding
a
few
more
details
as
well
in
you
can
give
a
little
bit.
Let
me
open
this
for
next
time
now
I
forgot
about
it.
This
happened
a
couple
of
a
couple
of
months
back,
so
we
are
trying
to
see
how
much
of
the
liquidity
is
being
utilized
on
a
seven-day
moving
average.
F
F
B
Awesome
anything
else
on
the
mind,
any
comments,
questions,
suggestions.