►
From YouTube: DXgov Weekly Gathering [2022-08-10]
Description
00:02 Welcome & Agenda
00:46 Mainnet proposals
07:39 Gnosis Chain proposal
13:10 Raise the DXD/ETH LP on Swapr mainnet to 0.5%
22:15 Authorize $500k of DXD buybacks with new parameters
B
B
So
yeah
we'll
go
over
mainnet
proposals,
notice,
chain
proposals
and
then
a
couple
discussion
items
maybe
to
chat
about
some
of
the
information
on
txt
lping
and
then
discussion.
That's
been
popping
up
at
the
forum
around
another
500k
authorization
for
buybacks
and
what
that
what
that
kind
of
program
could
end
up,
looking
like
so
starting
first
with
the
main
net
proposal,
roundup,
as
promised
on
last
week's
call,
we
once
again
still
have
pudgy
rod,
nft
proposal,
that's
in
the
queue,
but
we
discussed
it
on
last
week's
call.
B
If
there's
any
questions
kind
of
on
how
that
works,
you
can
check
out
that.
But
the
reason
it's
again
it's
here
on
this
call
is
because
the
proposal
was
boosted
in
the
boosted
state
for
15
days
because
it
uses
the
multi
call
2
scheme
which
can
interact
with
any
arbitrary
smart
contract.
But
it
is
over
a
much
longer
period,
so
yeah.
That
proposal
is
set
to
go
through
in.
C
B
And
then
next
up
we
have
request
compensation
for
carrot.
Dot,
eat
purchase,
of
course,
carrot
dot.
Beef
is
the
e
s
for
carrot
and
someone
like
with
all
the
dx-dow
ens
domain
names.
Someone
has
purchased
it
and
then
sent
it
to
the
dao,
and
so
this,
I
believe,
is
one
of
those
proposals
that
has
all
of
the
information
kind
of
on
chain
right.
So
it's
the
address
that
purchased
the
token
and
then
the
same
address
that
sent
it
to
dx
dow
and
then
that's
also
the
address.
B
B
And
then
the
third
one
we
have
boosted
is
dxd
buyback
extension
number
nine.
This
also
has
a
mirror
proposal
on
gnosis
chain.
If
you
want
to
vote
for
it
or
vote
against
it
and
don't
want
to
pay
the
gas
cost,
even
though,
of
course
they
are
immersed,
but
this
is
the
one
that
I
guess
the
one
that
matters
primarily
because
it's
the
one
that
would
send
the
107
eth.
So
this
one
is
probably
the
least
controversial
of
the
discussion
surrounding
dxd
over
the
last
month
or
two.
B
This
one
is
just
an
extension
of
the
previous
buyback
program
parameters
for
the
last
170th,
each
that's
in
the
buyback
reserve,
and
so
this
proposal
was
spent
over
the
weekend.
So
hopefully,
by
the
beginning
of
next
week,
we
are
transferring
that
over
to
the
gp
relayer
on
gnosis
chain
to
continue
those
purchases
along
the
same
parameters
that
the
pre
that
all
of
the
previous
buybacks
have
been
purchased.
There
are
some
other
buyback
related
items
coming.
D
B
B
Awesome
and
then
we
can
switch
to
gnosis
chain
here,
actually
just
quickly,
so
there
are
a
bunch
of
the.
I
guess
we
call
it
summer,
cleaning
scheme
d
register
proposals,
and
so
these
are
submitted
by
gusto,
and
we
talked
about
these
in
the
forum
before
these
are
basically
just
removing
all
the
schemes
that
we
don't
deekstyle
doesn't
use
here,
and
so
there
was
just
some
discussion
here
about
what
these
schemes
were.
We've
already
done
the
gnosis
chain
ones,
but
this
is
proposals
to
deregister
these
schemes.
B
Here
you
can
see
them
here
and
like
the
multi-call
2
scheme,
the
scheme
registrar
scheme
has
a
different
length
of
time
for
proposals
that
deal
with
registering
and
de-registering,
of
course,
because
registering
schemes
is
a
very
risky
thing
to
do,
and
so
it
will
have
extra
eyes
on
that
and
so
yeah.
This
will
be
around
for
another
10
days,
always
good
to
get
as
many
eyes
on
it,
and
you
know
to
verify.
Of
course,
what
we
want
to
be
doing.
B
You
can
see
here
unregistered
the
scheme,
so
we
want
to
double
check
that
the
scheme-
that's
unregistered
here
is
the
one
that
is
laid
out
in
this
proposal
here,
as
you
can
see
mainnet
schemes
to
remove
right
there
yeah.
So
any
questions
on
that.
As
I
said,
the
proposal
will
be
up
for
10
more
days
there.
So
definitely
worth
a
look
for
for
everyone
to
double
check.
E
E
I
actually
resubmitted
this
today
to
swap
I
was
feeling
a
bit
generous,
so
I
did
a
thousand
die
to
a
thousand
your
sdc
just
because
we
don't
really
have
usdt
in
the
treasury,
so
it
doesn't
make
sense
to
trade.
To
that,
and
the
reason
here
is
just
to
test
the
capabilities
of
the
multi-core
2.
There
is
we're
not
100
sure
if
it's
actually
able
to
do
a
token
approval.
E
There
is
some
approval
stuff
in
the
contract,
but
we
thought
you
know
we
just
try
it
out.
If
it
doesn't
work,
nothing
happens.
If
it
does
work,
we
simply
trade.
A
thousand
died
to
a
thousand
usdc
on
the
curve
pool,
and
I
submitted
the
transaction,
but
gas
has
been
really
high.
So
that's
the
reason
why
it's
not
showing
up
yet
it's
still
in
the
mempool
and
yeah
all
the
transaction
does
is
the
same
as
when
we
do
a
trade
on
ignore
this
chain.
E
It
does
an
approval
of
the
exact
amount
to
the
die
token,
and
then
the
second
call
is
actually
the
trade
on
curve.
So
with
this
we'll
see,
if
we'll
be
able
to
actually
also
do
trades
directly
from
the
treasury,
even
if
it
does
work,
it's
not
really
ground.
Breaking,
as
as
chris
mentioned,
these
proposals
take
like
two
days
to
boost
and,
I
believe,
have
a
14
day
voting
period.
So
anything
outside
of
stables
in
curve
is
really
not
an
option
and
even
with
stable.
E
For
example,
we've
been
trying
to
acquire
some
liquidity
lusd
and
even
that's
like
slightly
off
peg.
So
even
in
that
scenario
would
be
difficult,
but
it's
just
to
explore
the
capabilities
of
the
scheme,
and
hopefully
that
will
be
live
today
and
then
I'll
I'll
boost
it
once
our
gas
is
situation
is
slightly
better
and
I
mean
ethereum
gas,
not
global
gas.
B
B
B
On
mainnet
there
yeah
switching
over
to
gnosis
chain,
there's
actually
a
couple
proposals
here
that
needs
to
be
executed,
but
they
have
a
switch
so
there's,
but
the
ones
that
are
currently
live
here.
We
have
milan
v,
dx
columbia,
contributor,
stipend
request,
and
then
we
have
diego
dix
paris
stipend.
Here
we
have
candy
fork
worker
proposal
june
july
2022
and
then
actually
right
here,
maybe
dave.
We
could
talk
a
little
bit
about
this
buyback
order
here.
E
E
So
currently,
this
order
is
not
able
to
be
placed,
but
this
has
already
been
adjusted
for
upcoming
for
the
dxd
buyback
submitted
today
at
the
past,
two
are
still
also
at
25..
They,
they
are
still
like.
Live
well
not
live
orders,
but
they
are
like
orders
that
the
relay
is
able
to
place.
But
we,
you
just
have
to
kind
of
wait
for
a
moment
where,
if
goes
up
and
dxd
lags
behind
a
bit
we're
just
on
the
border
of
25.
E
B
Yeah
and
then
just
the
reason
for
this
perimeter
is
this
is
like
a
last.
This
is
a
way
to
protect
against,
like
an
ultra
manipulation
where
someone
would
manipulate
the
swapper
dxd
eath
pool
for
a
weird
price,
so
they
could
maybe
get
very
little
dxd
back,
and
so
it's
kind
of
like
an
ultimate
insurance
policy.
That
geeksdale
does
not
put
out
an
order.
That's
not
in
line
with
with
the
market
there
and
so
yeah,
but
as
it
kind
of
adjusts,
there's
a
lot
of
different
things.
We
need
to
do
that
so
yeah.
B
Okay
yeah,
so
then
we
have
yeah,
as
I
said,
there's
the
that
we're
into
previous
one
there's
the
dxd
buyback
extension
number
nine
mirror
proposal.
So
again,
this
is
just
a
mirror
proposal
of
the
the
one
that's
on
mainnet,
so
express
your
support
there,
and
then
there
is
a
single
signal
proposal
for
geek
style
discord:
rep
boots,
q2
2022.
This
is
led
by
keenan.
I
believe.
Maybe
he
has
it
on
here.
B
D
Just
want
to
say,
it
is
technically
behind,
in
the
sense
that
this
should
have
been
submitted
some
time
ago,
but
due
to
the
nature
of
the
way
that
it's
a
snapshot
and
it's
just
a
retroactive.
If
you
are
eligible,
you
can
claim
the
fact
that
it
is
being
submitted
about
a
month.
Late,
isn't
necessarily
a
problem,
and
everyone
is,
you
know,
still
as
eligible
as
they
were
before.
B
B
Okay
and
then
yeah
there's
signal
pose
for
that
and
then
yeah.
We
have
the
two
proposals
from
level
k.
First
level
k
retrospective
contributor
bonus.
This
is
for
a
last
september
proposal
that
had
passed,
and
then
we
have
the
level
k
september
and
october
proposals
payout
for
that
this
is
eight
hours
away
from
being
boosted
and
was
a
topic
for
discussion
last
week
on
this
call,
and
also
in
the
forum
here
and
yeah.
B
E
B
So
right
now,
it's
a
pretty
small
amount
of
liquidity
on
all
of
the
different
chains,
and
I
think
part
of
that
is
because
it's
not
necessarily
financially
advantageous,
because
the
the
price
again
can
be
a
little
volatile.
It's
not
very
financially
advantageous
to
be
an
lp
on
it.
We
had
experimented
with
this
with
gnosis
chain.
B
And
so
maybe
you
have
a
decreased
amount
of
volume,
but
there's
a
chance
that
that's
made
up
because
the
fees
itself
are
higher
and
so
there's
a
couple
things
to
balance
here.
But
I
think
at
the
end
of
the
day,
the
most
important
thing
for
lps
would
be
to
make
sure
that
the
fees
that
they
would
receive
are
actually
higher
there
and
so
yeah.
B
If
you
see
here,
you
can
see
that
over
that
time
period
there
was
only
a
really
small
decrease
in
the
amount
of
volume
or
market
share
that
swapper
on
gnosis
chain
pad.
It
only
went
down
3.5
to
17.1
percent.
Despite
you
know,
a
much
larger
increase
in
in
fee,
and
also
the
fact
that
the
fiannosus
chain
was
much
more
than
than
arbitram
and
mainnet,
which
suggests
that
some
of
the
trading
is
a
little
bit
sticky.
B
And
then,
if
you
look
at
the
lp
fees
themselves,
you
can
see
why
this
trade-off
is
is
worth
it.
Basically
gnosis
chain
had
almost
as
many
lps
as
arbitrary,
despite
doing
less
than
50
percent
of
its
volume
there,
and
I
should
say
that
your
gnosis
chain
actually
has
a
small,
also
has
a
smaller
amount
of
assets
in
it.
So
the
api
or
sorry
the
apr
for
those
is
much
higher.
B
I'm
not
sure
how
I
guess,
if
you
compare
the
main
net
and
the
no
sustain
one
and
so
caney
fork
is
a
has
been
a
dxd
lp
for
a
while,
both
on
mainnet
and
gnosis
chain
and
over
this
time
period.
Please
last
four
and
a
half
months:
there
is
a
one
point:
seven,
nine
percent
apr
for
the
dhc
eth
pool
on
gnosis
chain
and
then
like
a
1.29
apr
for
mainnet.
So
it
is
again
more
advantageous
to
be
an
lp
on
gnosis
chain,
so
yeah.
B
I
think
this
proposal
would
give
some
more
incentives
for
lps
on
on
mainnet
to
be
able
to
participate
there.
There's
also
the
potential
added
benefit
that
it
would
actually
give
more
fees
in
terms
of
the
protocol
fee
since
swapper
is
the
design
is
that
the
protocol
fee
is
a
percentage
of
the
overall
swap
fee.
So
right
now
the
fee
receiver
gets
10
of
0.2.025
swap
fee
or
sorry
0.25
swap
fee.
B
This
proposal,
would
you
know
we
can
do
this
through
the
governance
and
so
the
multi-call
3
scheme,
which
has,
unlike
the
one
that
dave
was
just
talking
about
that
which
can
interact
with
any
smart
contract.
This
one
has,
I
believe,
it's
a
list
of
six
contracts
that
it
can
interact
with
and
on
that
it
goes
over
seven
days,
plus
one
data
boost
just
like
the
contribution
reward
scheme
parameters,
and
so
I
believe
this
I
could
check
this
has
been
tested
before
the
swapper
fee
set
contract,
but
has
not.
B
Actually,
I
don't
think,
we've
used
it
in
maybe
over
a
year
there,
but
that
would
actually
be
how
it'd
be
implemented
and
yeah.
Obviously,
the
lp
raising
the
lp
fee
could
discourage
trading.
It
doesn't
necessarily
mean,
even
if
the
lps
are
getting
better
return,
it
could
lead
to
decreased
liquidity
of
dhd,
but
given
what's
kind
of
happened
on
gnosis
chain
and
also,
I
think,
the
lower
amounts
of
liquidity
out
there.
B
I
think
it
makes
sense
to
consider
this
and
to
experiment
with
this,
especially
if
you
look
at
a
lot
of
other
projects
when
they
are
doing
their
lping
a
lot
of
them.
Smaller
projects
or
projects
that
don't
have
a
big
already
established
liquidity
are
raising
the
fees
on
their
lp,
so
a
lot
of
them
are
using
unispot
v3
pools
that
have
like
one
percent
or
even
balancer
is
popular
here.
B
So
I
think
it
kind
of
makes
sense
to
consider
this
anyway
curious
to
hear
what
other
thoughts
I
believe
there
are
a
couple
one
one
response
in
the
forum
here
but
curious
to
see
other
thoughts
on
whether
this
is
something
to
pursue.
Maybe
we
should
go
a
little
bit.
Maybe
it
could
be
less
yeah
any
thoughts.
D
Yeah,
I
I
really
like
this.
The
analysis
of
fee
setting
and
like
one
of
the
yeah
originally
one
of
the
main
things
that
swapper
the
style
swapper
was
supposed
to
do
is
have
the
lps.
You
know,
set
the
fees
to
their
different
pools
and
we
always
thought
it
would
be
best
for
the
lps
who
would
have
the
best
knowledge
on
how
to
set
fees
for
their
own
pools
by
governance
that
that
was
like
one
of
the
standout
things
about
swapper,
which
we've
only
been
doing
it
on
a
you
know
here
and
there.
D
And
this
was
even
before
you
know,
you
know
swap
had
like
the
three
different
buckets
but
like
this
is
you
can
set
the
fiat
whatever
you
want,
and
we've
tried
in
the
past
but
yeah.
The
end
goal
is
lots
of
awesome
pools
on
swapper
and
and
the
lps
doing
really
good
analysis
on
how
to
optimize
the
the
fees
so
the
more
we
do
it
with
changing
them
and
experimenting
is
good
to
to
help
other
lps
as
well.
So
I
like
the
idea.
B
B
A
B
Yeah
and
it's
sorry
and
I
think
it's
actually
good
to
start
trying
these
experiments
so
that,
like
when
swapper
token
governance
comes
around
that
kind
of
culture
of
let's
try
to
you
know,
adjust
fees
to
capture,
adjust
the
fee
rate
to
capture
the
most
amount
of
value.
For
lps
I
mean
that's
a
really
valuable
conversation
that
should
be
happening
in
the
swapper
community
and
I
think,
by
like
testing
it
out
and
experimenting
it.
B
B
So
I
think,
as
most
people
know
and
we've
we've
talked
about,
the
structure
of
the
existing
buyback
program
is
coming
to
an
end,
because
the
eath
and
the
buyback
reserve
is
going
to
be
depleted
after
this
next
107
each
that
was
just
approved
in
the
extension
number
nine
after
that
is
depleted.
There
won't
be
another
way
for
the
buyback
program
to
continue,
so
this
proposal
is
meant
to
find
some
way
of
of
driving
some
value
or
kind
of
coalescing.
That
conversation
around
that.
B
B
It
keeps
the
same
25
of
the
average
daily
trading
volume,
but
adds
another
restriction
of
three
times
over
seven
days
and
then
the
two
big
changes
when
you
think
about
here
are
to
the
circulating
market
cap
and
the
nav,
and
so
this
proposal
yeah.
So
this
suggests
basically
once
dxd
is
purchased
from
dx
dao
and
it
goes
into
deep
styles
treasury
that
that
should
not
necessarily
decrease
the
circulating
supply
and
then
so
that's
kind
of
for
circulating
market
cap.
That
would
provide
some
changes
there
and
then
the
nav
here.
B
So
you
can
see
running
through
this
right,
and
this
is
a
couple
days
late
five
days,
and
so
these
prices,
maybe
are
not
exactly
right
right
now,
but
you
can
just
use
it
as
an
example
in
terms
of
like
how
this
calculation
would
change
going
forward.
So
right
now
we
would
say:
there's
a
circulating
supply
of
38
655,
and
so
the
current
way
that
we're
calculating
the
nav
txt
to
each
nav
for
buyback
purchases
would
put
the
nav
at
like
17
million
to
35
million.
B
So
that's
I
don't
know
0.49
or
something
something
like
that
0.48
and
then
the
the
new
treasury
nav,
though,
would
ye
would
kind
of
adjust
this
a
little
bit.
So
it
would
have
an
initial
higher
total
value
right,
37.5
million,
because
that
includes
basically
swapper
ens
and
gno,
and
then
it
subtracts,
though
8.7
million,
which
is
the
calculation
of
using
2.5
years
times
runway
and
the
runway
is
being
used.
Here-
is
290
000,
which
I
think
is
kind
of
what
we've
been
running
off
of
from
the
the
budget
and
expenses
conversation.
B
And
so
that
means
like
the
actual
value
of
the
treasury
that
would
be
calculated
for
nav,
would
be
28.8
million
down
from
the
35
million.
That's
being
used
right
now,
and
so
that
would
yield
a
a
ratio
of
59,
which
means
the
buy-back
program
would
be
that
geek
style
will
be
able
to
purchase
items,
because
this
59
lower
number
is
lower
than
70
there.
B
There
was
a
bunch
of
great
discussion
like
kind
of
immediately
and
over
the
weekend,
so
there's
connor
in
here,
spicy,
soup,
john
and
then
yeah
there's
a
lot
of
things
here,
so
I
would
catch
up
there.
So
I
maybe
just
tried
to
summarize
a
little
bit
of
where,
where
we're
at
here
at
the
end-
and
we
can
kind
of
think
about
how
things
are-
are
going
forward.
B
So
just
to
recap,
where
we're
at
now
so
there's
51
weft
in
the
gp
relayer,
with
the
two
buyback
pro
proposals
currently
in
boosted
or
pending
boosted.
Now,
as
dave
just
said,
one
of
these
buyback
proposals
is
probably
not
going
to
go
through
because
it
has
the
wrong
minimum
amount,
but
that's
kind
of
besides
the
point
and
then
if
we
look
forward
the
dxd
buyback
extension
number
nine
proposal,
which
would
extend
by
107
eth.
B
If
dsd
volume
doesn't
go
up
as
much,
but
I
guess
that'd
be
around,
like
maybe
20
20
orders,
and
so
at
the
end
of
that,
20
orders
is
when
we
would
need
to.
There
needs
to
be
kind
of
some
resolution
going
forward,
so
I
think
it'd
be
a
great
idea
to
make
sure
we're
trying
to
submit
a
proposal
before
the
end
of
the
week.
B
I
think
there
are
lots
of
different
ways
to
kind
of
tweak
and
calculate
that,
but
that's
what
I
think
are
most
of
the
like
kind
of
tools
there,
and
so
in
the
discussion
above
regarding
circulating
supply
connor
suggested
that
originally
suggested
that
we
purchased
dxd
not
count
towards
circulating
supply.
That
was
the
reason
that
was
kind
of
included
in
the
proposal,
while
john
rightly
points
out
that
this
dxd
would
be
in
the
general
treasury.
B
Where
there's
lots
of
other
dxd
that
has
both
been
vested
to
take
style
from
the
original
investing
contract,
but
also
has
also
been
purchased
by
dxtau,
there's
lots
of
that
dixie,
that's
in
the
general
treasury.
That
is
not
counted
towards
circulating
supply,
so
maybe
that
would
create
some
inconsistencies
there
and
then,
additionally,
spicy
soup
and
connor
suggested
not
counting
the
dxd
that
is
investing
and
so
for
any
dxd
that
has
been
issued
to
contributors.
B
A
higher
circulating
supply
means
a
higher
and
a
like,
circulating
supply
to
nav
here
and
so
there's,
like
obviously
incentives
to
kind
of
try
to
decrease
the
circulating
supply
there.
But
that's
kind
of
I
think
where
the
discussion
is
at
there
and
then
the
treasury
nav
calculation
right.
There's
two
two
like
two,
like
kind
of
reasons
to
think
about
this.
As
I
said,
this
does
include
like
swapper
and
ens,
and
I
think
john
made.
B
B
It's
an
increase
of
2.5
million
to
the
total
treasury
amount
before
you
would
take
out
the
runway
amount,
but
that's
the
reason
I
included
it.
There
was
basically
to
give
dxd
holders
upside
into
both
swapper
and
like
any
text,
ventures,
investment
and
then
the
runway
calculations.
Again.
This
is
a
number
I
think
we
can
like
play
with
both
the
2.5
years
and
the
290k.
B
Those
are
just
ways
of
kind
of
carving
out
like
things
for
product
development.
I
think
are
that
structure
is
kind
of
broadly
supported
and
so
I'd
land.
The
290k,
I
think,
is
what
we've
landed
at
there
and
then
the
2.5
years
was
just
was
something
suggested,
and
I
think
that
could
you
know
also
open
for
discussion
and
then
it
didn't
seem
like.
B
B
Geeks
now
spending
millions
of
dollars
like
purchasing
dxd
as
people
redeem
like
this
is
very
much
a
short-term
fix
with
a
defined
amount,
and
I
think
it's
meant
to
signal
alignment
and
drive
value
to
dxd,
and
I
also
think
there's
a
benefit
because
I
think
hedgehog
said
this.
Originally
there's
a
benefit
to
governance
like
reauthorizing
this,
because
it
forces
a
conversation
on
the
program.
B
So
I
think
that's
there
and
then
again,
I
think
about
three
orders
over
seven
days,
just
because
I
think
that's
more
reflecting
the
way
the
market
has
been
kind
of
reacting
over
the
last
couple
months
in
this
bear
market,
as
opposed
to
2021,
but
again
just
kind
of
something
that's
in
the
proposal
and
then.
Lastly,
given
the
news
destruction
of
this,
I
think
I'm
not
sure
it
makes
sense
to
commit
to
a
long-term
program.
B
E
B
Important
to
think
about
this
into
in
terms
of
long-term
implications,
but
I
don't
know
if
we
want
to
like
get
into
committing
to
something
like
long-term,
but
I
think
it's
important
kind
of,
as
we
do
with
extension
number
eight
to
like
signal
some
things
in
the
proposal
that
help
guide
the
future
discussions.
We
are
to
have
whether
that's
around
the
dc
token
working
group
or
also
just
kind
of
capturing
whatever
the
future
commitments
be.
I
think
we
can
probably
put
some
of
that
into
the
proposal
there
anyway.
A
B
C
So
I
think
one
reason
this
is
significant
than
say
the
last
one
from
like
a
precedent.
Standpoint
is.
This
is
the
first
proposal
where
we've
depleted
the
the
like
buyback
reserve,
the
2500
each
that's
sitting
in
the
bonding
curve,
because
I
think
that
amount
right,
I
don't
think
it
was.
It
was
hard
to
argue
against
using
that
for
buyback,
since
it
was
literally
in
something
called
the
buyback
reserve
now
beyond
that,
though,
I
think
it
becomes
more
of
a
question
of
like
yeah
how
much
of
the
treasury
should
be
directed
towards
towards
txt.
C
So
I
do
like
I
kind
of
get
that
this
is
only
500k
and
you
know
there's
plans
to
have
like
a
working
group
and
talk
about
it
more,
but
but
I
do
think
there
is
maybe
some
weight,
especially
when
you
have
people
already
kind
of
pointing
to
the
last
one
with
like
that.
70
percent
nav
and
saying
stuff
like
fed,
speak
and
whatnot.
But
so
I
think
there
is
yeah
that
makes
me
think
that
this
there
is
some
significance
to
this
like
this
will
get
pointed
to
in
the
future.
A
A
And
the
second
point
I
want
to
touch
on
you
know
I'm
grateful
for
chris
and
and
john
for
kind
of
like
voicing
their
opinion
again
we're
a
dow.
More
of
us
should
voice
their
their
opinion.
They,
if
they
don't
know
what
what's
happening,
they
should
learn
about
it
and
they
should
voice
their
opinion,
because
it's
weird
when,
like
we
have
this
organization,
but
the
forum
post
is
just
of
a
couple
of
people
chatting
between
themselves.
A
B
Yeah,
I
mean,
I
think,
just
discussion
right,
that's
what
the
core
of
what
we're
trying
to
do
here.
It's
not
so
much
that
someone
has
an
idea.
That's
going
to
be
perfect!
We
need
to
find
that
person
idea
like.
I
think
we
all
buy
into
this,
because
this
discussion
and
ideas
swapping
and
voting
and
people
saying
what
they
believe
that
ends
up
producing
like
the
best
results
you
know,
and
so
it
really
is
the
process.
B
B
But
I
definitely
agree
it's
like
something
we
want
to
think
about,
and
I
actually
think
a
proposal
that
I
did
not
that
I
did
not
sorry
a
draft
proposal
in
the
forum
which
I
think
is
also
like
important
to
helping
this
is
like
dxd
liquidity,
because
people
are
not
really
willing
to
buy
dxd
because
it
doesn't
have
enough
liquidity
on
chain,
and
I
think
that's
preventing
some
of
that.
So
I
think
they're
like
to
me.
That
would
be
a
way
of
addressing
that.
The
dc
holder
won.
E
C
E
I
mean-
I
guess
you
know
from
from
my
view
in
like
in
an
ideal
world
right
like
we
would
continue
doing
dxd
buybacks
based
off
of
the
style
revenue
right
kind
of
like
to
redistribute
those
to
the
dxd
holders
right,
because
I
guess
the
whole
idea
of
the
dxd
holders
is
well
initially.
I
guess
they
funded
the
the
dow
with
the
funds
right
and
then
I
guess
the
idea
was
that
the
dxd
having
this
like
two
token
model
rep,
is
like
more.
E
The
like
voting
shares
and
dxd
is
more
the
financial
part
and
yeah.
I
I
think
it's
a
difficult
situation
in
the
meantime,
of
course,
we
don't
really
generate
much
revenue
at
all
right
now,
especially
not
profits.
If
you
take
out
costs
as
nothing
right,
so
I
think
it's
like
overlapping,
like
finding
a
solution
to
overlap
that
period
right
until
we
are
able
to
deliver
like
a
profitable
return,
whether
that
is
through
dividends.
Just
how
you
do
it
is
irrelevant
right.
E
You
could
just
like
send
out
dividends
or
you
could
just
buy
back
dxd.
Both
should
have
a
similar
function,
but
yeah,
that's
kind
of
why.
My
point
of
view
right
now
and
I
think
buybacks
have
been
addressing
that
up
to
now.
Of
course,
as
john
mentioned,
of
course,
the
farms
used
were
from
the
buyback
reserve.
E
So
that
does
make
sense,
and
I
understand
that
this
is
different,
but
yeah
also
interested
to
hear
what
other
people
think
right,
and
I
mean
I
think
all
of
the
excel
contributors
also
have
a
lot
of
dxt,
that's
being
vested
through
worker
proposals
right.
So
I
think,
ultimately,
the
goals
are
very
aligned
from
each
side.
Right,
like
the
dow
itself
holds
a
ton
of
dxd.
E
Workers
are
getting
compensation
in
dxd,
and
investors,
of
course,
also
have
an
interest
in
dxd
value,
rising,
perhaps
the
you
know
timelines
or
how
quick
people
want
something
to
happen
might
be
different,
but
I
think
long
term
the
views
are
very
aligned
and
yeah.
It's
you
know
it's
just
finding
a
good
solution
that
everyone
is
happy
with.
I
guess.
C
I
think
it
is
important
to
think
about
the
sustainability
like
how
long
is
this
gonna
last
like
what
rate
of
spend
will
this
like
incur
and
because
yeah,
and
I
think
we
could,
like
you,
said
dave
frame
it
towards
like
a
trend
like
this-
is,
like
sort
of
you
know,
giving
the
appreciation
of
the
treasury
back
with
the
aim
of
transitioning
into
a
more
sustainable
situation
where
actually
fees
are
sustaining?
It.
B
B
Would
be
probably
around
200,
eighth
and
depending
on
the
average
daily
trading
volume
of
that,
presumably
that's
30
to
40
orders.
If
we
do
that
over
three
orders
over
seven
days,
as
the
proposal
says,
then
that
would
be
ten
weeks
that
these
could
be
purchased
and
that
would
be
after
the
150
eth
and
the
that's
still
being.
A
B
B
B
Fits
in
with
like
the
overall
market,
where
things
are
kind
of
that
and
and
I
think,
like
smaller
purchases,
spaced
out
and
kind
of
like
taking
your
time
with
this,
I
think,
makes
like
sense
for
all
the
kind
of
reasons
you
said,
and
I
think
it
doesn't.
I
actually
don't
think
it'll
take
that
much
to
like
inspire
faith
in
the
the
market
here,
just
because
dee
staff
still
has
that
treasury
to
kind
of
inspire
confidence
too.
It's
just
showing
some
commitment
to
that,
but
yeah.
B
I
think
yeah
three
months,
and
this
is
a
quarter.
I
think
that
would
be
with
you
if
the
three
days,
the
three
orders
over
over
seven
days,
which
is
about
what
we've
done
like
the
last
two
months
kind
of
as
the
market
slowed
down
a
little
bit.
That's
just
kind
of
the
the
cadence
that
we've
we've
fallen
into.
C
Yeah
and
maybe
it
can
seem
tedious,
but
I
do
like
to
think
about
like
edge
cases
right
like
so
like
is
you
know
what
happens
if,
like
trading
volume
goes
up
like?
Does
this
mean
that
the
spending
goes
from
two
million
a
year
to
like
you
know,
could
it
go
away?
Is
there
a
limit
to
how
high
it
could
go
like
yeah?
Well,.
B
C
B
B
D
B
Sent
in
the
amount
of
each
when
it
would
be
transferred,
so
it
would
like
it
would
need
to
be,
of
course,
another
proposal
to
authorize
any
more
than
that,
since
we
use
a
three-month
average
daily
trading
volume,
it's
actually
gonna
be
pretty
difficult
to
increase
the
volume
because
you
have
like
the
last.
You
know,
even
if
you
have
a
really
banger
month
for
dxd
volume,
you're
still
going
to
have
the
last
two
months
there
of
of
like
being,
if
you
have
to
overcome
the
opposite,
the
average
of
that
and
increase
it.
B
C
B
Yeah
and
that's
why,
like,
I
think
I
think
it
happens
more
with
I'm
sorry,
there's
a
u.s
history
tangent.
I
think
it
happens
more
when
people
talk
about
like
the
constitution
and
what
people
were
thinking
about
then,
but
I
think
it
could
be
applied
to
like
lots
of
things
in
terms
of
like
laws
and
and
legislation.
B
C
B
A
B
B
D
This
seems
like
a
balance
of
in
the
middle
and
then,
as
I've
always
said,
like
governance,
2.0
is
important
in
this
because,
as
yeah
as
once
once
dxd
holders
and
rep
holders,
you
know
together
have
this
governance.
Then
they
really
get
to
to
decide
the
future
of
the
daowin,
including
dxd
price,
and
so
doing
some
mechanism
to
continue
along
the
lines
of
what
we've
done
with
this
is,
with
the
actual
you
know,
actual
treasury
as
well.
D
So
it's
not
yeah
we're
in
a
balance
where
it's
okay
to
have
our
native
token.
You
know
a
dow
can
leverage
its
native
token
to
do
lots
of
things
in
the
future.
So
it's
not
like
we're
we're
getting
we're
trading
one
asset
for
another,
we're
not
getting
rid
of
assets
right,
we're
just
adjusting
well
we're
actually
adjusting
a
different
way
than
most
dows
and
organizations
out.
D
There
are
doing
they're
they're,
mainly
going
the
other
way
well
and
into
dollars
too,
which
we
already
have
some
dollars,
and
now
we're
balancing
between
ether
and
dxd,
more
which
we
already
have
dxd2,
but
yeah,
we're
not
like
if,
if
dxo
is
successful
like
its
dxd,
can
be
used
for
things
in
the
future
at
hopefully
much
better
valuations
as
well.
So
it's
not
like
we're
not
digging
ourselves
into
like
a
hole
in
any
way
that
I
can
see
so
yeah.
I
think
some
there's
a
balanced
approach
makes
sense
in
general.
D
And
just
for
the
recording
sake,
shared
some
thoughts
in
the
chat
agree
with
sky
for
sure.
I
think
talking
about
like
this
working
group
tokenomics,
the
future
of
dxd
over
the
next
coming
months
will
be
interesting
to
have
this
kind
of
built-in
and
automated
way,
I
think,
would
be
something
to
pay
attention
to,
but
just
some
thoughts
there
in
the
chat.
B
C
B
There's
a
loretta
mester
in
cleveland,
esther
george
in
kansas
city,
susan
collins,
for
boston.
These
are
all
federal
reserve
governors.
Susan
collins
just
came
in
july
first
and
then
lionel
brainerd
who's.
Actually,
a
pretty
was
a
potential
nominee
for
treasury
yeah.
So
that's
like
six,
so
I
definitely
stand
corrected
that
the
federal.
E
B
A
B
B
C
B
C
B
B
Okay,
yeah
a
lot
still
to
discuss.
I
think
we
still
have,
as
I
said,
I'm
hoping
to
like
submit
something
by
the
end
of
next
week.
On
this,
I
think,
there's
some
time
to
discuss,
maybe
have
something
next
coverage
discussion,
a
little
bit
more
ironed
out
or
or
the
specifics
there
and
yeah.
We
can
hopefully
move
to
pursue
a
proposal
after
that.
B
Sorry
dave
I
mean
like
I'm
like
an
all
equal
opportunity
person
I
want
to
like
tell
salon
of
people
that,
like
I
try
their
stuff,
you
know
I've
got
frame
on
there
too.
You
can
see
that
isn't
that
something
and
kleptor
that's
the
cosmos
wallet
where's
where's
geronimo.
Like
I
mean
I,
I
give
love
to
all.