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From YouTube: DXgov Weekly Meeting [2021-02-17]
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A
Welcome
to
dk
style
governance,
discussion
february
17
2021.
wanted
to
start
first
with
talking
a
little
bit
about
community
rep
boots.
This
is
something
we
try
to
do
every
month
to
promote
different
people
that
are
in
the
community,
so
I
just
made
a
post
about
it.
I
know
we're
dealing
with
a
lot
of
gas
issues
which
are
complicate
everything,
and
this
is
kind
of
something
that
is
hard
to
conceive
of
in
this
type
of
gas
environment,
but
I
think
it's
important
just
as
we're
actively
doing
it.
A
So
if
you
have
any
other
suggestions
or
people,
I
actually
had
one
snufkin
who
was
in
the
discord
that
I
thought
was
making
some
interesting
points.
So
I
nominated
that,
but
anyone
else
feel
free
to
reply
on
the
thread.
A
Cool
and
then
next
wanted
to
switch
to
the
governance
refunds
because
we
said
that
we
would
do
a
a
demo
of
it
on
this,
and
so
just
as
like
the
one,
I
guess
this
is
the
gas
refunds
three.
I
actually
think
I
might
have
already
done
this
with
one
address,
but
I
have
a
separate
staking
address,
so
I
can
do
it
with
that,
so
this
one,
I
think,
was
passed
on
january
6th,
so
that
was
like
last
month.
A
So
I
think
this
is
the
third
one
or
actually
the
fourth
one,
and
then
we're
probably
doing
for
another
one
this
month,
but
that
contract
has
not
been
or
the
proposal
has
not
been
submitted.
B
A
Okay,
all
right,
so
this
is
the
governance.
Account
refunds
number
three.
So
this
is
what
nico
has
done
every
month.
It's!
So
I
don't
exactly
know
what
this
is,
but
I
guess
it's
calculating
all
the
addresses
that
spent
or
transacted
with
dx
dow
over
a
certain
time
period,
and
you
can
see
this
is
the
results.
It
was
92's,
taking
a
92
votes,
stakings
proposals
and
then
to
claim
you
go
to
well.
You're
gonna
go
to
ether
scan
but
where's
the.
C
It's
deposed
a
little
bit
below
like
it's
always
the
first
process,
the
configuration
and
we're
waiting
two
days
until
that's
just
a
bit
more
down
in
the
original.
A
Post
here
it
is
so.
A
I
actually
think
I
am
I've
claimed
this,
but
let
me
just
see
so
so
this
is
the
address
for
the
one
I
hold
so
0x9162.
I
think
I'm
you
can
find.
A
A
Right
there,
so
I'm
index
12
there,
and
so
then
I
go
to
this
go
to
contract
right.
So
I'm
going
to
connect
to
web3
etherscan
is
a
beast
and
then
I
just
claim
I'm
number
12.
A
not
entirely
sure.
If
oh.
D
C
A
Let
me
try
different.
E
B
B
B
A
C
Chris,
I'm
not
100
sure,
but
I
think
when
you,
when
the
dot
talk
post,
you
switch
to
the
refunds
number
zero
and
that's
why
the
index
numbers
got
wrong.
It's
like
the
correct
address
is
like
really
disposed
somewhere
below.
Let's
call
it
down,
I
think
we
switched
to
the
refund
one
yeah
there.
There
that's
the
contract.
A
A
A
A
A
A
Okay,
I
put
it
in
around
like
200,
so
we'll
see
so
just
as
a
recap
now
that
we
did
that
here,
it's
on
this.
A
A
And
that's
how
you
kind
of
get
gas
refunds
there.
The
keyboard
was
getting
the
contract
there,
so,
but
anyway,
now
that
I've
exposed
my
public
address,
though
this
is
why
everything
is
from
there.
It's
already
public,
so
cool
and
then
is
there
any
other
gas
talk.
I
know
we
can
get
to
xdi
later,
but
just
I
think
there
was
we
wanted
to
maybe
up
the
there's.
The
multi-state
gas
subsidy.
E
So
on
that,
there's
there's
a
handful
of
operations
that
that
take
place
using
different
multi-sigs.
Well,
there's
an
omen,
swab
multi-sig
and
then
there's
the
dx-dev
multi-sig.
E
Obviously
the
the
person,
the
final
comfort
confirmer
of
all
multi-state
transactions
ends
up
paying
whatever
the
gas
is
at
that
point,
and
for
like
these
one-inch
for
these
one-inch
conversions,
it
overestimates
it,
and
so
it's
that
it's
often
less
than
what
you
see
it's
going
to
be.
But
it's
still
in
the
hundreds
it
can
be
in
the
hundreds
of
dollars,
and
so
that's
like
a
an
additional
cost
to
just
executing
like
a
bunch
of
these
conversions
and
multi-state
transactions.
E
And
so
there
was
talk
that,
like
the
in
one
of
the
next
authorization
proposals,
maybe
include
like
one
or
two
eth
as
like
gas
money
that
could
be
refunded
to
the
actual
proven
confirmers
like
we
could
just
take
a
list
of
the
of
all
the
confirmation
cost
gas
costs
over
the
last
month
and
just
send
the
money
to
the
address
that
that
made
that
conversion.
So
it's
it's
like
it's
almost
like
gas
slush
money
right.
I
was.
A
E
Could
like
the
like?
No,
no,
no,
it
has
to
it.
Has
the
money
has
the
money
ends
has
to
come
into
the
actual
individual's
account
who
confirmed
the
final
transaction
yeah
so
it
has
it
has
to.
Then
we
can
do
a
couple
leads
of
gas
money
into
the
multi-stick,
and
then
we
can
just
give
the
malt
give
that
gas
money
to
the
different
addresses
that
did
the
final
confirmations
over
the
last
month
and
it's
all
it's
just
you're,
sending
it
to
the
same
address.
So
it's
all
unchained
and
transparent.
A
Yeah,
I
mean
it's
definitely
about
the
cost
of
transaction
here,
like
especially
because
this
is
the
treasury
authorization
or
diversification.
Coming
from
that,
it's
like
you
know
the
same
way
that
you're
paying
a
fee
to
one
inch
that
this
is
all
kind
of
wrapped
up
into
that
transaction.
So
I
think
it
would
make
sense
to
tie
it
with
the
next
proposal
and.
E
And
I
would
that
also
like
the
proposal
you
just
wrote
up
about
the
getting
funding
x
die
with
some
with
some
funds
as
well.
E
A
Yeah,
I
think
these
are,
as
you
said,
mentioning
them
in
the
proposal
ties
them
up,
because
that's
it's
all
part
of
this
process
and
I
think
it's
important
then
we
also
figure
out,
like
the
the
best
and
cheapest
way
to
be
doing
these
things
when
we're
putting
them
in
and
knowing
the
cost
and
so
yeah.
I
think
that
makes
sense
for
for
any
of
those,
I
guess
not
for
the
ex
taiwan.
A
I
think
the
proposals
are
submitted,
but
we
can
do
that
on
the
next
one
and
try
to
get
reimbursed
for
this
one.
So
I
think
it
makes
sense.
E
Yeah,
so
you
know
some
people
have
done
that
in
the
past
on
their
own
personal
proposals
like
they're,
I'm
claiming
rep,
and
it's
going
to
cost
me
0.1
eth
to
claim
the
rep.
So
I
add
1.1
ether
in
that
proposal.
E
We've
had
some
scenarios
like
that
in
in
in
this
scenario
where
the
dev
multisig
is
doing,
you
know
a
bunch
of
these
conversions
to
get
stable
coins
into
dx
dial.
I
don't
know
if
we
need
to
put
the
actual,
because
we
don't
know
the
gas
cost
in
that
actual
proposal
right.
We
could
estimate
it,
but
once
we
do
10
of
them
we're
going
to
know
this.
This
is
how
much
gas
was
spent
over
those
10
proposals
and
we
could
just
do
a
a
refund
for
100
of
those
10
proposals.
E
A
Yeah,
I
mean,
I
think,
yeah.
I
think
part
of
this
is
about
like
when
we're
making
proposals
and
like
presenting
information
just
being
like
having
all
of
the
logistics
planned
out
and
being
clear
about
exactly
what's
happening,
and
then
the
cost
like
up
front
too.
So
I'm
just
thinking
it's
a
way.
It's
a
good
thing
to
be
thinking
about
when
we're
making
these
proposals
for
moving
funds
like
to
and
doing
something
with
them,
just
accounting
for
all
the
costs
and
different
transactions
that
will
be
involved.
E
A
Cool
and
then
yeah-
and
so
I
think
the
the
next
proposals
of
the
multitasking
include
that
and
then
I
think
we'll
be
thinking
about
other
things
with
gas
refunds
for
now,
but
hopefully
we're
gonna.
Take
a
big
chunk
out
of
that
with
the
x
die
worker
proposals.
A
Yeah,
then
just
moving
to
proposal
roundup,
just
going
through
the
current
proposals
in
the
queue.
So
we
have
a
couple
different
worker
proposals
that
are
there
deb
violet
keenan
myself.
Roy
from
omen,
there's
also
a
the
omen,
arbitrator,
audit
and
security
review.
So
this
is
something
that
will
be
engaged
fill
the
auditor
for
to
make
dx
dow
a
or
do
you
have
the
arbitrator
on
an
omen
market?
A
So
that's
one
and
then
I
think
it's
also
to
do
a
larger
kind
of
look
at
some
of
geeksdale's
security
offerings
their
posture.
It's
a
good
word
security
posture
review.
There
is
a
member
balancer
one.
The
85
eth
for
153
000
die
just
a
little
bit
on
the
treasury.
We
are
getting
a
little
heavy
on
the
die,
so
I
think
the
original
proposal
had
going
for
three
million
dollars
of
stablecoin
split
between
dye,
susd,
usdc
and
usdt.
A
So
I
think
it
was
900.
000
die
was
the
goal,
and
so
we're
probably
I
think,
like
550
000
now,
and
it
also
appears
that
people
like
being
paid
in
usdc
just
some
notes
in
terms
of
how
the
treasury
diversification
is
coming
and
then
yeah,
then
the
two
pending
boosting
proposals
right
now
are
both
kind
of
interesting
too.
One
is
the
authorizing
fund
the
xdi
base,
so
this
is
trying
to
move
worker
proposals
there.
A
E
E
So
that
is
in
addition
to
probably
the
the
three
million
dollar
stable
right,
like
that's,
those
are
additional.
Every
couple
months
to
like
fund
the
payroll,
that's
going
to
be
happening
on
xdy
in
in
in
place
of
like
I
guess.
The
this
breakdown
that
we
had
laid
out
is
really
for
use,
maybe
on
swapper
and
other
things
as
well
right,
so
that
that's
the
importance
of
die
in
the
in
the
x
die
payroll
mechanism
right.
A
A
I
think
we're
gonna
have
to
respond
and
see
how
things
develop
there
yeah,
but
I
think
I
mean
I
think
this
is
that
what
we're
talking
about
last
week
that
the
budget
is
kind
of
that
is
trying
to
imagine
ourselves
in
like
a
multi-chain
world
and
more
of
just
from
like
dx
to
all
of
dx
dow's
assets-
and
this
is
you
know,
a
trouble.
We're
going
to
have
is
be
able
to
manage
it
across
chain.
A
I
think
the
we're
definitely
like
the
three
million
dollars
for
the
stable
coin
was
definitely
in
part
to
have
runway
and
to
be
able
to
also
diversify
supply
things
on
swapper.
I
think
we
need
to
get
to
that
3
million
and
I
think
we
need
to
get
to
like
a
million
but
we'll
it's
clearly
like
when
we
put
stable
coins
in
the
treasury
they're
going
to
like
start
coming
out,
because
that's
what
people
want
to
be
paid
with.
I
J
Yeah,
I
know
so
I
mean
I'm
not.
I
don't
know
the
current
market
sentiment,
but
maybe
we
should
increase
the
like
request
amount
right
now.
We
we
do
100
eth
we
get
lucky
with
ethers,
actually
staying
pretty
stable
and
potentially
going
up
even
further,
but
we
might
increase
the
request,
amounts
to
the
multisig
just
to
make
sure
that
we
actually
have
this
three
million
diversification.
E
So
there's
two
ways
to
increase
that
we
have
the
rules
outlined
in
the
authorization
proposal.
We
could
say
instead
of
a
hundred
eighth,
it's
200
ether,
300,
eighth
or
we
could
just
keep
it
at
100
and
just
do
more
proposals
we're
doing
one
every.
We
do
one
no
more
than
every
two
days
right
now,
so
you
could
increase
that
as
well,
but
keep
them
in
sections.
But
then
that's
more
proposals.
E
Milan
had
raised
a
point
like
why
not?
Why
not
do
a
lot
more
all
at
once
to
just
do
it
in
one
proposal.
That
is
another
possibility,
but
with
that
comes
risk
as
well,
but
the
more
that
the
multi-sig
does
this,
the
the
more
comfortable
people
are
probably
using
the
multi-sig
for
larger
amounts.
It's
like
reputation
built
into
the
multi-sig.
I
guess.
I
Yeah,
maybe
for
the
next.
If,
if
we
do
another
authorization
proposal,
we
could
increase
the
the
floor
on
that
for
the
multistring,
but
so
I
mean
at
the
current
rate,
we
can
do
like
over
half
a
million
per
week,
and
I
think
it's
already
like
already-
I
don't
know
exact
numbers,
but
it's
been
somewhere
between
a
half
and
a
million
has
already
been
converted.
Yeah.
E
J
It's
clearly
not
enough,
we
see
that
I
think
no
one
is
actually
doing
it.
Besides
the
the
few
proposals
which
happened,
I
think
one
percent
is
not
enough.
Just
the
proposal
creation
and
then
withdrawing
the
the
eth
back.
It's
like
400
bucks,
I
would
bet
which
is
like
yeah
0.38.
I
Percent
yeah
yeah.
I
think
that
could
be
a
good
move,
but
I
also
suspect
that
it's
maybe
also
an
issue
of
just
who
knows
about
this
and
whether
they
can
do
it
right.
I
sort
of
doubt
that
many
people
outside
of
like
the
people
in
attendance
here,
actually
understand.
What's
going
on
and
and
what.
J
I
A
couple
big
problems
right
like
one,
you
have
to
have
a
lot
of
eth
and
then
two.
If,
if
you
are
in
a
place
where
even
just
moving
the
like
trading,
the
youth
for
stable
coins,
causes
like
a
capital
gains
tax,
you
potentially
have
a
huge
disincentive
that
even
two
percent
is
not
going
to
change
right
like
so.
E
I
don't
know
so
so
the
a
couple
things
so
it
is
originally
named
member
balancer,
because
the
idea
was
to
keep
it
within
like
dx,
dow
community
right
and
but
you
you
could
open
this
program
up
to
outside
the
community.
Like
you
could
let
more
and
more
people
know
right.
I
E
I
B
E
J
Agree
like
those
two
actions
are
different,
like
the
member
balances
dynamic,
doesn't
require
to
to
wait
seven
days
for
the
dx,
though
right
like
these,
I
was
paying
a
premium
to
get
the
the
trade
before
the
seven
days.
That's
the
difference
with
the
majority
we
request
seven
days
and
seven
days
in
crypto.
I
K
I
A
Yeah
and
just
so,
the
treasury
diversification
authorization
proposal
passed
on
january,
24th
right
so
we're
february
17th,
so
we're
sitting
where
you
know
about
three
and
a
half
weeks
so
far,
and
I
think
we
had
about
600
a
little
over
600k
converted
and
we're
doing
now
about
500k
a
week,
so
that
would
get
us
to
3
million
in
like
two
months.
I
guess
a
little
yeah
a
little
under
two
months,
which,
like
seems
like
the
right
path,
I'm
concerned
about
the
transaction
costs
for
these,
because
I
think
it
takes.
A
You
know
we
are
doing
a
bunch
of
different
things,
whether
it's
the
proposal
cost
or
just
the
the
other,
the
other
components
but
like
to
sell
so
that
to
sell
like
three
million
over
like
two
months.
That
seems
to
me
about
the
right
pace.
But
I
don't
know
I
guess
people
are
more
eager
to
diversify.
E
I
mean
so
from
the
start.
Dx
dao
is
eth-based
right
and
we
now
have
this
plan
and
we're
we're
slowly
executing
this
plan.
Eth
could
continue
to
go
up,
it
could
go
down,
but
it's
much
higher
than
it
was
when
we
had
no
plan
three
months
ago
or
four
months
ago
or
five
months
ago.
So
like
this
pace
is
better
than
what
we
were
doing
and
it
can
continue
to
go
up.
So
I
think
I
think,
just
continuing
on
this
path.
A
Are
okay
right?
We
started,
I
think
the
first
one
was
like
12.50.
There
was
a
couple
different
buys
at
12.50
diversification
there
and
then,
like
you
know,
we
had
a
couple
of
1800.
So
like
we're
on
this,
you
know.
Maybe
I
don't
know
what
we'll
end
up
averaging
in,
but
it'll
be
around
this.
This
area,
it
is
just
you
know,
involves
a
lot
and
takes
patience.
I
And
I
think
a
good
way
to
think
about
this
is
is
runway
well,
it's
at
least
the
one
context
I
like
to
think
about
it,
and-
and
you
know
we
looked
at
the
budget-
you
know
the
goals
are
sort
of
to
get
up
to
three
million
dollar
a
year
burn
rate,
which
is,
I
mean
totally
doable
with
the
current
treasury.
I
But
you
know,
I
think
we
should
be
planning
for
three
to
five
years
of
runway
in
stable
coins
because,
basically,
once
like
once
the
market
turns
from
bowl
to
bear,
you
basically
don't
want
to
be
spending
your
eats
right
so
like
if
we
yeah.
So
I
think,
like
ideally
before
the
bull
market
turns
we
want
to
be
at
something
like
five
years
of
runway
in
stable
coins.
So
to
me
that
means,
like
you
know
by
july,
we
should
be
at
15
million
dollars
of
stable
coins.
I
J
J
But
we
need
to
like
change
the
the
the
other
type
types
of
diversification,
yeah
ways
of
the
dxdo
just
to
make
sure
we
are
actually
getting
to
our
goal.
A
Yeah,
I
actually
just
agree
with
the
gusto
here.
I
think
we
want
to
be
at
there's
a
certain
point
where
we
want
to
like
be
at
with
diversification
in
terms
of
not
being
so
crypto
exposed.
But
then
I
think
at
a
certain
point.
We
do
want
to
be
considering
loans
on
the
eth,
because
it'd
be
very
low.
You
know
rates
you
could
get.
You
know
what
four
percent
or
five
percent
is
what
notional
is
on
right.
A
This
is
what
a
lot
of
companies
do
with
even
centralized
components,
and
so
I
think
there's
some
way
of
combining
that
and
managing
like
that
that
we
need
to
think
about
here,
and
I
think
those
are
like
the
next
layers
and
steps.
A
Right
right
right,
but
I'm
saying
I
think
you
can
like.
If,
if
you
need
like
to
fund
operations,
you
could
take
out
a
loan
on
the
east
and
then
you
would
still
have
right
if
you
wanted
to
get
more
bullish.
I
B
L
Yeah,
but
if
you
are,
for
example,
if
we
are,
if
we
want
to
take
enough
table
to
last
for
let's
say
five
years,
that's
a
long
term
and
on
that
long
term
we
can
go
bullish
on
it,
I
mean,
even
if
the
yeah,
even
if
the
price
is
going
to
correct
like
we
are
going
like,
we
are
all
expecting
that
if
you've
been
in
crypto
four
years,
you
know
that
it
will
happen
eventually.
L
L
Let's
say
for
the
I
know
next
three
years
and
we
can
also
calculate
how
much
more
it's
going
to
take
if
we
want
to
if
we
want
to
take
a
five
year
runway
right
and
also
take
some
exposure
on
that
on
a
die
collateral
where
we
are
going
where
we
can
freeze
at
the
moment,
at
the
current
price
and
in
five
years.
If
I
don't
know,
let's
say,
ether
is
five
thousand
dollars.
I
The
problem
is
a
couple
of
problems
with
it.
I
mean
the
diet.
Collateral
alone
is
a
way
to
like
preserve
your
exposure
to
eat,
but
you
also
have
to
pay
for
it
right.
You're,
you're,
paying
the
current
rates
are
like
six
percent.
Those
are
likely
to
go
up
in
a
bear
like
in
in
I
mean.
Well,
I
don't
know
you
don't
know
like
last
fair
market.
They
hit
like
what
like
17
at
some
point,
so
you're
you're
like
exposing
yourself
to
that
risk
and
then
you're
also
exposing
yourself
to
liquidation.
Right.
I
Like
I
mean
if
the
price
of
heat
goes
down
far
enough,
that
that
die
loan
could
really
bite
you,
and
so
I
mean
look
at
the
treasury,
now,
37
million
dollars
with
the
east
and
only
half
a
million
dollars
with
a
stable,
like,
I
don't
think
we're
anywhere
near
the
point
of
needing
to
even
think
about
a
loan
like
we
should
be
increasing
the
amount
of
stable
coins
and
and
we're
still
super
bullish
on
each
right.
Now,
right
like
we
could
move
15
million
into
stable
coins
tomorrow
and
still
be
bullish
on
each
right.
J
A
Yeah,
I
think
that's
what
we're
we're
going
to
realize
is,
you
know,
just
as
we
realize
like.
Oh,
we
need
die
on
x,
die
for
our
needs
to
pay
workers.
Suddenly
we're
gonna
be
like
well.
We
need
this
asset
in
swapper.
We're
gonna,
like
you,
know,
push
that
there
we're
gonna
fund.
The
omen
squad
mesa
is
gonna
need
something
like
we're.
A
Gonna
have
like
treasury
needs,
they're
gonna
fit
our
products
and,
like
those
are
going
to
come
together,
I
do
feel
like
we
have
like
some
type
of
like
organic
journey,
almost
where
we
have
lots
of
different,
where
we're
lots
of
different
people,
different
perspectives
and
like
raise
money
in
eth,
and
that
has
been
in
on
this
like
bull
run
here,
and
you
know,
I
think
there
is
a
world
where
we're
riding
it
very
well,
not
perfectly,
and
that
is
just
a
you
know,
selling
when
diversify
when
we
need
to
and
then
kind
of
using
it
in
the
product.
A
So
yeah
I
mean,
I
think,
we're
not
gonna
figure
out
exact
the
perfect
strategy,
but
I
think
we're.
These
are
all
good
perspectives.
A
A
We
should
be
selling
selling
stables,
but
that's
you
know
when
we
think
about
how
eventually
to
finance
that's
a
way
and
also
because,
like
d
style
should
be
thinking
about
where,
like
even
lending
out
its
eth,
now,
not
that
it
needs
to
like
use
it,
but
just
for
for
the
loan,
but
just
like
we
need
to
be
thinking
about
how
the
treasury
assets
are
put
to
work.
A
Yeah
they
seem
to
have
a
great
track
record
that
sounded
sarcastic.
Well,
I
just
think,
like
all
of
the
I
think,
all
the
hedge
fund
stuff
is
like
interesting,
but
like
that's
where
all
the
hacks
are
happening,
because
it's
like
are
they're
just
taking
advantage
of
like
arbitrage
and
yield
farming
opportunities
and
like
living
out
the
risk
spectrum,
and
so
I
think
we
can
think
about
that.
But
yeah,
that's.
That
was
my
comment.
A
G
So
I
think
like
in
the
difference
diversification
like
we
can
take
some
of
that
if
and
even
put
it
in
wi-fi
or
you
know
in
any
of
these
things
kind
of
that
you
know-
that's
managed
the
exile
treasure,
which
I
think
would
be
good.
G
Me
trying
to
have
a
normal
life
and
then
bitcoin
is
there.
Of
course.
You
know
last
time
I
said
this,
I
think
sky
called
said:
okay
boomer,
when
I
said
we
should
their
first
flight
to
bcc.
So
the
boomers.
E
I
All
the
have
all
this
generational
wealth
today,
no.
G
I
Well,
I
mean
ethan
has
done
just
fine
against
btc
in
that
time
frame.
So
I
don't.
I
E
We
we
still
have
a
plan
to,
hopefully
do
probably
like
tbtc
and
have
a
swapper
pool
and
like
that,
that's
like
that's
a
really
good
reason
to
have.
You
know
a
million
bucks
in
a
btc
asset
or
maybe
two
different
btc
assets
and
put
them
into
swapper
like
that
would
be
awesome
like
it's.
It's
good
like
ether,
it's
some
diversification,
but
having
two
more
swapper
pools
would
be
awesome.
E
E
You
know-
maybe
it's
even
like
what
is
it
rye
is
coming
out
very
soon
right
reflexer
die.
It's
like
we
could
potentially
get
involved
with
a
pool
around
that
as
well
and
that's
another
stable
coin.
So
there's
lots
of
opportunities.
We
just
need
the
tools
so
that
we
can
take
action
on
these
opportunities.
I
think
which
we're
working
on.
A
A
Cool
and
then
just
kind
of
two
other
things
to
update
on
I
just
wanted
to
so
we
we're
still
working
on
the
halt,
the
bonding
curve.
We
have
a
ui
fix
from
alchemy,
and
then
we
ran
in
to
some
problems
on
our
on
the
liquidity
deposit
for
swapper
on
the
test
deposit
there.
So
john,
I
know
if
you
wanted
to
provide
a
little
bit
of
an
update
on
on
that.
I
Yeah
happy
to
make
and-
and
we
should
have
a
postmortem
coming
for
dow
talk
on
both
the
relayers
and
the
couple
issues
that
we've
had
with
the
test
proposals.
I
It
actually
wasn't
the
relayer
like
mal
functioning
per
se,
with
the
liquidity
deposit,
but
the
inputs
are
a
bit
confusing
and
when
I
made
the
proposal,
I
basically
got
the
reserves
backwards,
because
I
made
the
assumption
that
the
reserve
a
would
go
with
the
token,
a
that
you
input
and
it
actually
turns
out
that
it
can
vary
based
on
the
tokens
with
the
contracts,
and
so
it
failed
to
actually
make
the
deposit
into
swapper,
because
when
I
was
checking
the
price
on
uniswap,
it
was
looking
for
a
minimum
kind
of
east
reserve
by
using
the
die
number
that
I
had
put
in
for
the
reserve.
I
And
so
basically
I
couldn't
get
the
oracle
price
and
I
wouldn't
do
the
deposit.
I
believe
the
funds
are
recoverable.
I
know
nico
has
been
doing
some
work
kind
of
like
assessing
this
and
also
kind
of
like
the
kind
of
most
important
takeaway.
Here
is
the
lesson
that
we,
you
know
probably
should
have
learned
already.
Is
that
the
we
need
better
integration
testing?
We
need
to
do
more
testing
and
take
that
more
seriously.
I
You
know
on
test
net
and
potentially
xdi,
as
well
as
an
intermediary
step
and
yeah.
So
to
that
end
you
know,
nylon
has
actually
deployed
a
version
of
the
dow.
To
you
know,
a
copy
of
the
dow
to
brinkby
and
nico
has
been
working
on
some
test
plans
for
the
relayers,
and
so
like
the
hope
here
is
this
week.
I
think
to
actually
start
that
testing
going
I'm
a
little
behind.
Do
the
issues
we've
had
with
power
here
myself,
but
it's
that
stuff
is
in
motion
and
I
think
the
other.
I
The
other
thing
to
note
here
is
the
pausing
the
bonding
curve
proposal,
so
the
the
blocker
on
that
had
been
the
ui
needing
an
update
from
dow
stack.
I
actually
just
checked,
because
there
was
a
pr
that
they
had
done
to
address
it,
and
I
actually
just
checked
this
morning.
It
looks
like
the
ui
is
updated
and
the
function
is
exposed.
So
I
think
that
clears
the
way
to
make
the
pausing
proposal,
but
I
think
one
more
thing
we
should
like.
I
I
think,
in
the
spirit
of
what
I
just
said
about
the
the
testing,
and
what
I
would
like
to
see
is
if
we
could
hopefully
do
it
this
week
is
test
the
bonding
her
proposal
on
on
rank
b.
Before
we
do
the
main
net
one.
I
wouldn't
anticipate
any
issue
there.
It's
an
updating
to
the
config,
it's
one
parameter,
but
I
like,
I
don't
think
we
should
mess
around
with
something
like
this.
It's
a
pretty
big
impact.
So,
let's,
let's
do
a
good
integration
test
first
and
then
then
move.
B
K
I
A
minor
setback
in
some
ways
that
these
things
couple
things
had
failures,
but
but
yeah
we're
maturing
and
like
this
is
the
way
we
should
be
doing
it
and
so
yeah
we'll
we'll
get
that
process
in
place
and
and.
A
Cool,
okay
and
then
moving
on
to
the
xdi
anointment.
I
kept
spelling
that
wrong.
When
I
was
trying
to
write
it,
I
had
to
always
right
click,
but
there
is
a
proposal
to
authorize
and
fund
the
x
die
x,
dao
dixed
out
base,
and
that
is
just
about
to
be
boosted
and
then
hopefully
from
then
we
can
move
worker
proposals
and
signal
proposals
and
other
things
to
xdi.
A
A
So
I
think
this
should
be
alleviate
a
lot
of
our
concerns
and
we
should
be
thinking
a
lot
more
about
the
large
transactions
that
we'll
have
on
mainnet
and
then
shifting
more
of
our
governance
to
not
just
ex-dive,
but
you
know
arbitrarily,
maybe
and
other
more
or
cheaper
options.
A
So
I
know
not,
everyone
probably
has
like
done
the
x
die
or
it
just
submitted
a
proposal.
Next
time,
alchemy
should
be
basically
the
same.
There
was
a
there
was
a
process
for
mapping
your
rep.
If
you
had,
a
nose
is
safe.
Maybe
next
week
we
can
like
look
at
do
a
proposal
or
something
there.
If
there's
any
questions,
but
any
kind
of
thoughts
on
this
any
blockers,
we
should
be
thinking
of
in
terms
of
having
the
next
round
of
worker
proposals
on
on
main
I'm
not
next
time.
J
And
I
think
with
it,
we
force
all
the
members
to
actually
realize
that
mainnet
is
not
the
right
place
like
it's.
Just
I'm
using
xdi
more
and
more,
not
only
on
governance,
but
it
just
makes
sense
to
not
pay
almost
no
like
basically
paying
nothing
for
transactions.
E
E
Geronimo
had
a
really
good
observation
yesterday,
when
he
was
trying
avalanche
right
like
avalanche,
has
a
uniswap
clone.
So
it's
a
scaling,
d5
scaling
solution
using
avalanche
and
they've
made
it.
So
you
can
use
your
ethereum
address
pretty
easily
and
things
I
think,
but
it
was
like
0.7,
avax
or
avalanche
token,
which
is
like
three
bucks
to
do
a
unit
swap
trade
on
avalanche,
which
has
no
usage
compared
to
ethereum.
If,
if
avalanche
market
cap
was
the
same
size
as
ethereum's
market
cap,
that
would
be
like
just
as
expensive
as
ethereum.
E
So,
like
that's
kind
of
that's
kind
of
yeah,.
J
I'm
like,
I
was
surprised,
like
I
actually
expected
xdi
transaction
costs,
but
it
seems
like
they
even
hard
coded
the
gas
gas
price.
So
every
time
you
do
something
on
the
c
chain.
The
contract
chain
you're
like
it's.
Basically
all
the
time,
470.
J
Why?
For
anything,
and
I'm
like
okay,
three
I
mean
three
dollars
on
on
a
new
l1
is
not
something
I
expected
from
a
new
generation.
I
won.
A
A
Yeah,
we
need
to
figure
yeah
yeah,
let's
think
of
something,
if
we
don't
in
the
product
strategy
called
think
of
something
just
need
like
a
way
to
engage
with
them
or
something
to
ask.
Maybe
I
guess
we
want
to
have
the
the
dow
deployed
on
arbitrage.
A
F
E
A
I
think
it's
been
six
months
since,
like
d5
summer,
right,
like
d5,
is
like
still
around
like
you
know,
has
been
around
for
a
bit
but
in
terms
of
like
when
it
was
like.
Oh,
this
is
the
thing
right,
everyone
to
be
building
that,
and
I
feel
like
this
is
just
after.
Like
six
months
of
this,
you
can
finally
start
seeing
some
real
copying,
and
I
don't
mean
that
in
like
a
directive
way
just
it's,
you
know,
they've
caught
up.
J
Yeah
and
it's
I
guess
it's
asia
focused,
I
100
believe
binance
is
pushing
a
lot
of
money
into
it
because
they
can,
and
with
that,
like
almost
no
transaction
fees
means
everyone
can
participate,
and
it
looks
like
it's
basically,
asia
who
are
participating.
E
Yeah,
the
the
good
thing
is,
it's
a
different
audience
and
we
actually
have
the
opportunity
to
work
with
a
team
who
is
doing
some
similar
things
like
mesa
and
swapper
on
binance
chain
who
we
we
know
those
people
and
like.
I
think
there
are
scenarios
where
an
offering
or
like,
if
there's
an
offering,
it
could
be
on
mesa
ideo
and
it
could
be
on
finance
whatever
their
platform
is
at
the
same
time,
because
they're
two
different
audiences
and
so
potentially
we
could.
We
could
do
work
with
projects
on
that
chain.
I
E
I
I
A
A
I'm
cool
all
right.
Well,
that's
xdi!
So
we'll
start
talking
about
those!
Hopefully
proposals
will
come
in
and
we
can
talk
about
them
a
little
on
this
call
too,
hopefully,
with
the
proposal
passes,
involved,
move
towards
that.
Next
I
wanted
to
chat
about
gov,
vernon's
2.0.
I
think
we
are
arriving
at
what
I
hope
is
final
text.
I
had
I'll
paste
it
in
here.
A
There
have
been
a
couple
discussions
the
last
week
about
the
migration
process,
so
this
is
the
rep
inflation
and
the
dxd
distribution,
and
so
I
added
some
updated
text
to
that
one.
I
ended
up
going
with
the
for
the
the
rep
inflation
splitting
it.
A
It
was
five
percent,
so
four
percent
to
current
snapshot
of
dxt
holders
or
when
the
signal
proposal
passages
passes
and
then
second
one
percent
to
addresses
that
bought
txd
off
the
curve,
just
as
a
way
to
like
reward
them
and,
of
course
those
like
need
to
be
claimed
proactively
and
the
dxd
distribution
split
it
up
into
two
that
basically
any
rep
address
that
has
voted
at
least
once
so
participate
in
governance
is
eligible
for
three
dxd
vested
over
three
years.
A
At
the
launch
of
governance,
2.0
and
then
secondly,
any
rep
holder
that
has
voted
at
least
three
times
is
eligible
for
a
percentage
proportion
of
the
10
000
dxd
distribution.
That's
invested
for
three
years
from
when
governance
2.0
system
launches.
I
think
that's
the
the
kind
of
the
some
of
the
languages
going
for
for
that,
but
I
think
we
would
want
to
be
a
little
bit
tight
with
that.
A
I
want
to
add
something
that
john
recommended,
which
is
some
possibility
that
if
basically,
if
we
do
have
a
lot
of
rep
addresses
that
end
up
claiming
like
the
3dxd,
you
could
see
more
than
10k,
so
I'll
put
something
in
there
on
that
and
then
yeah
any
other
thoughts,
or
you
know,
questions
about
the
signal
proposal.
Anything
other
parts
of
the
text
to
look
at.
I
I
A
So
I
think
that
should
be
at
least
six
months
from
the
signal
proposal
passage
because
the
yeah,
like
there's
three
bullet
points
there
here
under
the
ten
thousand
txt.
This
dxd
can
be
used
for
governance
staking,
and
maybe
I
should
be
clear
on
that.
That's
for
the
governance
staking
into
the
voting
power.
Second
is
the
snapshot
of
rep
holders
should
occur
at
least
six
months
from
the
signal
proposal,
and
so
then,
in
six
months,
the
votes,
the
vote
counts,
would
be
counted.
I
So
I
think
that
one
thing
I
worry
about
with
saying
three
votes
in
six
months
is:
it
opens
up
the
possibility
that,
like
these
addresses
once
they
realize
that
there's
financial
stake
here,
they
just
show
up,
you
know
lob
a
few
votes
over
the
fence
and
then
all
of
a
sudden
they're
getting
the
same.
You
know
reward
weight
rate
as
everybody
else,
so
my
feeling
would
be
that
that
should
be
like
with
the
signal
proposal
or
you
know,
but
yeah,
that's
my
first
thought
it
gets.
D
About
well,
that's
yeah
that
that's
partially
concerned,
I'm
also
wondering
about.
Where
are
we
voting
in
the
net
for
the
next
six
months?
Are
we
calculating
this
based
on
x,
die,
you
know,
and
how
does
that
work
with
I
mean
basically
what
that
means
is.
What
john
said
is
that
I
don't
even
know
if
reps
distribution's
really
going
to
change
that
much
if
we're
doing
everything
on
x
die
anyways,
I
mean
x,
die
distribution,
you
know,
people
are
going
to
get
rep
on
x
die,
but
what
about
on
chain
yeah
like.
J
Every
rep
holder,
who's,
not
represented
right
now
on
xdi,
has
had
and
has
always
the
chance
to
be
like
to
get
in
by
doing
a
mainnet
proposal
which
ratifies
their
new
address
on
exile.
J
I
don't
see
any
reason
why
we
shouldn't
treat
exta
the
exit
base
as
the
mainnet
base,
so
we
should
go
all
in
on
next
day,
like
even
with
our
plans
to
move
like
100
eth
value
to
the
extra.
I
think
we
should
start
using
it
to
save
money
and
get
used
to
a
multiple
network
governance.
I
J
G
Yeah
yeah,
oh
so
just
the
kind
of
luck
of
this
topic
I
was
talking
to
chris
and
I'm
working
with
aura
now
on,
basically
to
do
like
a
mass
adding
of
of
rep
and
like
to
do
this
in
like
a
safe
way,
there's
there's
a
scheme,
it's
called
a
reputation
admin
and
we're
trying
to
figure
out
how
to
do
this
with,
like
the
multicall
that
I
don't
know,
if
you
can
do
this
with
one
transaction
like
add,
like
initiate
the
scheme
and
then
mint
the
reputation
to
all
of
them.
G
This
might
need
to
be
two
transactions
because
you
know
you're
minting
to
a
hundred
people
and
that
that
might
fill
up
like
an
ethereum
block
like
the
whole
law.
So
like
there's
a
chance,
there's
a
possibility
of
doing
this
every
three
months
and
yeah
and
then
you're
distributing
reputation
to
a
list
of
people.
Let's
say
you
know,
someone
calculates
off
chain
the
difference
that
xda
is
made.
G
Once
every
three
months,
there's
a
transaction
that
goes
on
mainnet,
which
costs
a
shitload
of
gas.
But
it's
just
once.
A
So
I
think,
there's
like
two
different
things.
We're
discussing
here
like
one
is
like
like
the
voting
component
or
like
how
do
we
qualify
a
minimum
level
or
show
some
kind
of
minimum
effort,
proof
of
work
to
be,
and
then
second
is
like
how
does
rep
count
or
like
get
distributed
right,
and
I
think,
with
with
the
second
one,
we're
really
evolving
away
from
just
rep.
A
Being,
I
guess
at
the
end
of
the
day,
like
rep,
is
like
a
ledger
right,
you
think
about
like
it's
just
a
ledger
of
certain
actions
that
have
like
happened,
and
those
actions
right
now
are
all
happening
on
main
net,
but
we
probably
want
to
like
encourage.
We
want
to
allow
that
ledger
to
be
able
to
like
have
different
things
that
didn't
happen
on
ethereum,
whether
they
have
an
xdi
now
or
they
have
arbitrary
the
future.
A
So
I
guess
like
the
question,
is
we
need
to
figure
out
how
those
actions
count,
and
then
we
also
need
to
figure
out
how
they're
recorded
and
whether
they're,
like
still
recorded
at
the
like
at
the
main
chain.
I
think,
in
terms
of
like
rep
as
a
concept
separate
from
like
reppin,
how
it's
like,
whether
it's
on
main
net
or
xdi
but
like
we
do
have
cert.
We
have
established
certain
precedence
on
like
how
rep
is
distributed,
and
I
think
those
go
regardless
of
how
the
system
goes.
A
So
I
think
we
have
the
point
one:
six,
six,
seven
percent
monthly
contributor
amount
and
so
like
that
is
what
we've
established
as
president,
and
I
think
every
like
worker
contributor,
like
gets
that
separate
from
that.
We
need
to
figure
out
how
that's
that's
like
implemented
and
actually
like.
Does
that
mean
everyone
does
one
transaction
every
six
months?
Does
that
mean
we
do
one
transaction
every
three
months
that
has
like
the
rep.
You
know
awards
out,
and
so
I
think
yeah
there's
going
to
be
a
lot
with
that.
A
A
One
time-
because
I
think
this,
if
you
submit
a
proposal
that
pass
that
mostly
means
that
you're
a
worker
right,
because
that
means
you've
like
done
through
a
contributor
that
so
that
will
be
some
someone
there
or
it
means
you're
part
of
like
the
rep
boost
component
there,
because
I
do
think
it's
important
to
have
the
like.
I
think
we
want
to
expand
and
bring
on
new
people
and
and
and
and
dick
style.
A
But
I
think
the
point
one
six
seven
percent
to
rep
holders
isn't
it
is
an
appealing,
somewhat
appealing
incentive
mechanism
for
any
like
contributors.
And
so
I
think
we
want
to
make.