►
From YouTube: DXgov Weekly Gathering [2023-01-18]
Description
00:03 Welcome and Agent
01:24 Mainnet Roundup
06:17 Gnosis Chain Roundup
09:48 Molotov’s Redemption Balancer/Treasury Discussion
A
Welcome
to
DXL
governance,
discussion
for
Wednesday,
January,
18th
reporting
again
from
the
Caribbean.
Let's
start
with
the
proposal,
there's
a
nice
brief
win
there,
but
yeah
we'll
start
with
the
proposal.
Sorry
we'll
look
at
the
agenda
first
and
yes
or
not
a
I
guess
a
quiet
week
in
terms
of
number
of
proposals
on
on.
B
A
I
was
having
trouble
kind
of
copying
some
of
the
links
over,
so
some
of
the
castle
orders
are
not
there.
We
can
get
to
that
in
a
second
there,
but
yeah.
We
can
see
that
there
and
then
just
kind
of
discussion
that
the
only
thing
was
really
you
know.
We've
got
a
new
the
most
recent
Redemption
balancer
went
through
just
a
couple
hours
ago,
and
then
there
was
a
new
transaction
and
I
guess
post
on
one
versus
Molotov
and
then
another
one
from
triangular.
A
A
A
A
Cool,
let's
yeah
go
over
the
proposals
on
mainnet
first,
and
you
can
see
a
couple
different
proposals
here
related
to
like
DHC
liquidity.
You
know
some
of
these
buyback
orders
that
we
had
had
put
in
for
LUSD
are
basically
not
being
taken.
This
one's
not
been
executed,
but
it
basically
because
they
were
submitted
for
dollars
at
a
lower
price
16
days
ago
and
for
anyone
that's
been
following.
Crypto,
of
course,
beats
is
really
shot
up.
A
So
I
think
this
one
is
at
like
580
560.,
so
that
will
not
get
picked
up.
There's
another
and.
A
On
swapper,
this
one's
going
into
13
and
a
half
hours,
so
this
is
the
second
one.
There
was
already
one
with
61
dxt
I,
think
25
each
and
that's
why
there's
a
bit
more
liquidity
on
mainnet
there
and
I
think
probably
the
most
relevant
for
on-chain
liquidity
right
now.
Are
these
two
proposals
regarding
this
cow
swap
wet
order
so,
as
opposed
to
all
the
other
Cal
swap
orders
that
are
at
usdc?
A
This
one
is
a
big
400
wet
order,
that's
denominated
in
each
so
this
presumably
will
be
good,
not
good
to
go
when
yeah
in
nine
days
when
it
passes,
and
that
will
be
yeah
like
0.642
West
for
DxD,
which
is
actually
pretty
significant
to
what's
trading
on
chain
right
now,
I
think
it's
0.37
in
the
swapper
pool
there,
so
I
think
that
will
help
stabilize
some
of
the
on-chain
liquidity
there,
and
so
that
kind
of
the
on-chain
liquidity
part
and
then
that's
what's
related
to
this
wrapping
400
with
mimic
Vault.
A
So,
in
order
to
do
a
cow,
stop
order
with
E3,
you
can't
really
do
what
these
you
need
to
have
wrapped
East
West,
and
so
we
are
using
the
mimic
fault
which
has
previously
been
tested
here.
A
It
basically
just
sends
eth
from
the
or
you
send
it
from
the
treasury
to
this
Vault
and
it
automatically
wraps
it
and
sends
it
back
to
GX
DX
down,
so
that
will
that
will
happen
in
yeah
a
day
and
a
half
or
it
needs
to
happen
before
this
other
order
for
yeah
the
400
wet
order
to
come
through
there,
but,
as
I
said,
I
think
this
will
help
stabilize
the
on-chain
liquidity
component,
not
separate
from
the
on-chain
liquidity,
of
course,
is
a
couple
big
Redemption,
balancer
I
think
that's
what
we're
calling
them.
A
Yeah
Redemption
balancer
proposals,
and
so
this
was
a
proposal
submitted
last
week
in
the
middle
of
when
Connor
had
submitted
his.
You
can
see
here
it's
submitted
from
here,
and
it
just
kind
of
sets
these
standards
for
how
other
redemptions
or
other
member
bouncers
or
related
to
treasury
should
take
place,
and
this
is
a
really
really
helpful
spreadsheet.
You
can
see
here
that
was
created
by
Molotov.
A
A
Yet,
but
this
is
kind
of
I
think
sets
out
clear
guidelines
for
that
and
yeah
I
think
that
is
yeah.
We
can
get
to
maybe
molotov's
proposal
in
a
second,
but
when
it's
either
any
any
other
comments
on
on
this,
we
have
one
other
one.
Other
mainnet
proposal
here,
I
think
this
is
actually
not
showing
up
on
Alchemy
right
now.
Yeah
I
think
there's
some
the
old
subgraph
syncing
issues
there,
but
we
can
see
on
DX
vote.
A
There
is
yeah
level
cave
s,
a
txt
claim
from
January
21
to
January
2022.
So
this
is
for
100
to
DxD
and
I.
Believe
John
had
already
posted
in
the
Forum
kind
of
explaining
this
and
yeah.
You
can
see
this
post
for
confirmation
on
the
amounts
and
then
also
when
they
have
vested
okay,
okay,
but
that's
it
for
mainnet
proposals.
Any
comments,
thoughts
on
Main
net
proposals
outstanding.
A
Cool
I'm
actually
kind
of
hopeful
that
these
orders
can
be
eventually
even
useful
because
because
they
cost
money
to
execute,
it
means
like
no
one
will
execute,
because
there's
really
no
reason
to
so
in
the
event
that
beef
does
crash
or
something
they
could
still
be
still
be
worth
it
yeah
and
then
going
over
to
gnosis
chain.
There's
actually
not
there's
a
little
bit
of
activity
on
on
a
nurses
chain.
Here,
mostly
a
couple
different
member
balancers.
A
Here
we
were
the
base
was
short
on
usdc,
so
d-labs
and
Candy
Fork,
both
sense
of
usdc
into
the
proposal
into
the
noses
chain
base
here
and
then
in
requesting
xdi
for
reimbursement
for
that
member
bouncer
yeah.
So.
B
A
Those
two
proposals
and
then
also
d-labs
worker
proposal.
You
know
it's
funny
when
everyone
was
doing
the
worker
proposals
on
main
on
noses.
Jane
Dave
was
the
only
one
doing
them
on
mainnet
and
now
it's
kind
of
the
opposite
right
here,
but
this
proposal
is
specific
to
includes
the
nimi
portion
right,
so
the
nimi
is
part
of
the
previously
passed
proposal
in
terms
of
the
100K
Grant
and
the
six
months
of
funding
at
40.
A
So
this
is
a
proposal
related
to
that
and
yeah
and,
as
I
think
we
said
before
you
can
see
there
is
there
are
funds
in
the
next
I
base.
Now,
if
that's
where
you
have
something
that
you
would
like
to
to
claim,
there
feel
free
to
do
that.
There.
A
Thank
you
cool
any
other
thoughts
on
yeah,
I,
guess
not
much
on
nurse's
chain
there.
A
B
A
It
was
so
remember
there
was.
The
nurses
train
base
was
like
a
little
bit
in
debt
because
of
those
proposals
and
I
thought
they
were
all
in
xdi,
but
something
whatever
was
wonderful
as
it
was
in
usdc
and
it's
actually
really
I.
A
We
should
have
traded
the
usdc
before
we
deposited
the
x-ti
into
notion
chain
base
because
it's
actually
a
pain
to
get
out
of
xdi,
because
on
gnosis
chain
you
run
into
the
same
problems
where
you
can't
we're
on
mainnet,
we
can't
transfer
eth
to
a
multi-sig
wallet
because
of
I,
don't
know
Berlin
or
something
on
xdot.
You
can't
transfer
X
die
to
a
multi-sig
wallet,
and
because
of
that,
you
can't
actually
even
like
trade
it
or
do
much
from
the
treasury
there.
A
So
we
have
all
this
xdi
and
it's
kind
of
hard
to
do
anything,
but
just
pay
people
out
in
it.
So
that's
actually
where
member
bouncer
is
really
helpful,
because
it's
pretty
easy,
for
you
know
someone
to
do
that
trade
themselves
and
then
just
wait
five
days
there
but
yeah.
This
was
just
a
replenish
after
her
previous
proposal.
A
Well,
I
think
I
mean
Dave
can
enter.
You
might
have
been
the
first
users
of
their
like
West
Walt,
or
they
built
that
before
us.
So
I
don't
think
there
are
many
other
out
there.
So
we
definitely
could
do
that
for
gnosis
Jane
yeah.
That
would
be
interesting
because,
like
presumably
we
could
I
don't
know
if
the
code
is
everything's
open
source,
but
we
could
probably
do
that.
B
A
Yeah
and
then
I
guess
just
getting
yeah
onto
the
discussion
items
is
really
the
only
one
I
thought
we
maybe
wanted
to
go
into
here
and
I.
Don't
know
this
is
I
will
just
say
Malta.
This
is
just
very
like
clean
and
great
to
look
at
very
organized
from
the
coloring
to
the
shading
here,
so
I
think
it
kind
of
is
very
self-explanatory
here.
A
So
this
is
what
you
want
to
have
for
any
of
the
Redemption
proposals,
because
this
has
all
the
key
values
right,
how
much
value
you've
taken
in
DxD
the
actual
amount
you're
requesting
broken
down
and
then
referencing
that,
in
addition
to
that
here,
he's
given
I.
Think
kind
of
the
appendix
is
some
background
on
where
that
treasury
NAB
comes
from
and
the
amounts
here,
and
so
you
can
see
yeah
like,
for
instance,
I
think.
The
key
thing
that
I
was
checking
this
morning
of
course
was.
A
Does
this
include
the
East
that
was
just
redeemed
for
through
the
previous
one?
And
so
it
doesn't
here,
you
can
see
both
the
Eve
is.
It
was
at
eight
thousand
50
before
and
then
this
usdc
was
at
yeah
like
2.7
or
something
like
that
there.
So
this
this
is
a
snapshot
of
the
treasury.
After
that
most
recent
Redemption
one
and
then
yeah
I
wasn't
sure
if
there
was
any
kind
of
I,
don't
know
if
I
got
everything
there
or
any
kind
of
questions
on
how
those
are
calculated.
A
I
guess
there's
not
actually
yeah
so
he's
taking
this
snapshot
of
the
the
treasury
dashboard.
But
of
course
you
can
go
there
yourselves
and
do
this
you
could
see.
This
is
clearly
what
what
you've
done.
There
I
guess
the
interesting
thing,
maybe
for
discussions
that
there
was
just
another
proposal
or
I
guess
just
a
draft
form
of
that
here
and
interesting.
A
This
is
just
using
a
slightly
lower
value
for
DxD
I
think
that
might
just
be
because
there
was
a
slightly
different
eth
price
there
and
that's
kind
of
you
know
at
the
time
of
transaction
there.
A
A
A
A
This
is
like
a
pretty
big
increase
in
a
week
to
705,
and
some
of
that
is
obviously
because
East
has
gone
up
a
lot
since
then,
but
some
of
that
is
also
because
every
time
there
was
one
of
these
Redemption
proposals,
the
DxD
holder
is
getting
back
70
of
the
treasury
to
the
redeem,
but
the
rest
of
that
30
is
in
essence
being
distributed
to
the
rest
of
existing
GXT
holders,
so
existing
like
DxD
just
like
goes
up
each
bit
every
time.
A
A
Is
there
I
guess
some
eth
is
missing
from
the
Redemption
proposal
or
from.
A
Yeah
I
guess
the
number
I'm
looking
at
on
atoms
a
little
note
here.
It
says
89,
19,
East
balance
and
then
I
know
he
took
17
out
of
it.
So
just
that
subtraction.
So
I
guess
the
key
thing:
I'm,
not
sure
the
yeah,
the
buyback,
because
you
know
there's
a
2500
ease
in
the
buyback
reserved
there.
A
Yeah
cool
I
guess
we
can
get
Adam.
Maybe
you
can
follow
up
on
his
post
with
the
numbers
there,
but
you
know
I
think
at
least
now
we
have
the
pretty
clear
kind
of
I
guess,
rules
or
guidelines
for
this,
and
you
know
once
you
once
a
transaction
is
sent
that's
kind
of
when
the
snapshot
is
taken
and
we
can
calculate
the
numbers.
However,
we
want
we
can
kind
of
come
to
that
agreement,
because
we
have.
A
A
You
now
have
more
than
a
hundred
thousand
DHD
in
the
deached
out
treasury,
which
I
think
is
kind
of
cool,
because
at
most
there
was
a
hundred
thousand
DxD
that
was
to
vest
to
dextao
over
three
years
and
so
deep
down.
Nobody
has
more
ghd
than
it
ever
vested
to
itself
and
there's
still
I
think
another
15
000
17
000
dxt,
that
is
vesting
to
geek
style
over
that
time.
A
Then
also
just
as
a
if
you
can
look
on
either
scan
right
now
and
you
see
the
price
of
570.
But
if
you
look
on
this
3.6
million
dollar
Redemption
that
just
went
through
a
couple
hours
ago,
the
DSD
price
was
much
higher
and
yeah.
So
it
seems
that
the
market
is
maybe
there's
a
little
bit
of
market
inefficiency
in
terms
of
what
what
dxt
is
trading
at
right
now.
A
Cool
yeah
and
then
just
a
couple
other
call
to
attentions
here.
So
this
is
a
proposal
for
a
bounty
for
Alchemy
here.
So
those
of
you
have
been
using
the
three
AC
version
of
alchemy
here:
it'd,
be
a
2000
die
against
xdi
there,
this
from
Ross
the
DX
gov
team,
gonna
check
that
out,
and
then
just
too
called
to
attentions
for
meetings.
Next
week
next
Tuesday
there
will
be
a
priorities
more
monthly
check-in.
A
So
this
is
yeah
open
invitation
to
to
all
in
terms
of
figuring
out
where
what
geek
style
is
prioritizing,
making
sure
that
the
resource
is
allocated
or
the
coordination
is
happening
across
those.
So
this
will
be
the
first
one,
so
we'll
be
still
trying
to
figure
things
out,
but
that'll
be
Tuesday
at
1700,
UTC
or
right
after
what
would
be
the
developer,
call
there.
A
A
All
of
this
redemptor
stats
from
the
last
week
talking
a
lot
about
kind
of
the
existing
state,
and
then
we've
got
some
kind
of
interesting
thoughts
or
the
kind
of
the
next
stage
of
thoughts
for
the
bonding
of
the
inverse
bonds
and
where
that
is
so
yeah
be
sure
to
attend.
That
and
I
think
we're
hoping
to
make
the
both
of
these,
but
specifically
I,
think
the
monetary
policy
one
like
kind
of
like
a
presentation
format.
So
it
should
be
something
that
should
be
like
easily
digestible,
even
if
you're
not
there.
For.
B
A
Call
we'll
have
the
audio
the
audio
amount
for
that.
A
Yeah
it
nominate
says
what
is
the
estimated
amount
I
mean
I
think
now
it's
the
price
four
has
been
set
at
70
by
Deep,
Stout
governance
and
I.
Think
that's
clearly
been
committed
to
there.
I
think
having
that
as
a
signal
for
overall
product
funding
is,
is,
is
a
good
overall
like
incentive
structure
for
that,
but
yeah
I
think
it
really.
A
What
I
think
it
will
do
is
make
sure
that
there's
like
a
lot
more
alignment
between
PC
holders,
the
capital
providers
and
like
what
the
funds
are
being
being
spent
on
and
kind
of
allocated
in
different
ways
and
I
think
that
process
will
take
a
bit
of
time
but
yeah
right
now,
I
think
it's
a
70
I,
don't
see
any
reason
why
that
will
change
in
the
future
yeah.
Of
course
this
could
lead
to
product
funding
declines,
but
that
is
yeah.
A
It
kind
of
is
the
incentive
structure
that
could
lead
to
you
know
better
developed
product
development
need
better
allocation
resources
into
kind
of
other
things
about
geek,
Style's,
Mission
I
think
this
is
a
a
big
change
in
how
things
are
a
process
works
in
indeed
style,
but
geek
style
is
coming
up
on
three
and
a
half
years,
almost
four
years
year
upon
chain
governance,
it's
gone
through
a
lot
of
different
waves
of
that.
So
I
think
this
is
at
the
beginning
of
another
another
wave
there
I'm
ultimately
like
professional.
A
My
bias,
like
I'm,
pretty
bullish
on
on
Keith
and
I.
Think
East
has
been
very
closely
tied
to
Deke
staff's
story
kind
of
from
the
from
the
beginning
and
I
think
that
factors
into
a
lot
of
how
to
the
treasury
is
used,
and
basically,
how
often
and
when
the
the
the
funding
for
product
development
will
be
there.
A
A
Yeah
I
mean
you
can't
I
mean
we
did
go
over
this
when
we
were
doing
the
the
when
we
were
doing
the
dxt
token
group
there,
and
so
we
did
kind
of
model
this
out
a
little
bit.
Let
me
find
something
that
will
help
so
there's
a
little
secret
here.
A
A
All
right-
yes,
you
can
see
here.
This
is
actually
was
modeling
out
Connors
right
here,
but
you
can
see
here
like
this
is
under
the
scenario
that
you
know
how
much
DxD
is
sold
at
70
and,
of
course,
like
increasing
the
number
at
70
goes
up
each
time.
So
these
are
the
youth
numbers,
I
think
at
1320.
So
that's
why
you
see
it's
a
little
bit
lower
here,
but
yeah,
as
you
can
see
here.
If
an
event
is
I,
think
it's
29,
000
DxD,
that's
still
outstanding.
A
Right
now
and
in
the
event
that
20
000
of
that
was
redeemed,
you
would
still
have
probably
around
a
13
to
15
million
dollar
treasury.
It
says
12
million
dollars
right
here,
but
that's
this
is
at
1320
East
prices,
so
that
would
be
like
a
13
14
million
and
that
would
be
of
like
two-thirds
of
the
dxt
was
redeemed.
A
So
you
could
obviously
go
take
that
further
down
and
you
keep
going
further
down
to
1400
GXT
you
can
see
like
there
still
is
a
treasury
for
that.
It's
a
very
lucrative
thing
for
any
of
the
GST
holders
there
so
I
think.
In
the
end,
there
is
like
the
treasury
kind
of
has
a
because
it's
getting
the
30
of
the
proceeds
from
any
of
these
redemptions
like
the
treasury
is
like
it
is
growing
as
a
value
for
each
individual
DHT.
That's
not
redeemed.
A
Cool
awesome,
well,
yeah
thanks
everyone
for
joining
and
coming
to
my
TED
talk.
So
I
can
now
go
to
the
beach
I'm
around
I'm,
not
really
around
for
the
rest
of
the
week,
but
I
will
answer
things
that
people
want
to
like
Ping
me
there,
but
I'll
be
back
yeah
or
like
Monday
morning
bright
and
early.
We
have
the
priorities
board
meeting
on
Tuesday
and
then
the
DHC
monetary
policy
meeting
on
Thursday
I,
don't
know
100
all
right
thanks
everyone.