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From YouTube: DXgov Weekly Meeting [2021-01-13]
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A
Welcome
to
the
january
13
2021
geek
style,
governance,
discussion,
starting
on
governance,
1.0.
First,
I'm
just
looking
at
the
proposal.
Roundup,
there's
a
couple
different
worker
proposals
and
I'm
just
seeing
sky
that
yours
is
now
in
overtime.
I
was
like
watching
that
and
waiting
for
waiting
for
gas
to
go
down
and
I'm
never
as
sure
with
the
dxd
paths
to
in
on
what
that
is,
but
yeah,
I
think,
there's
both
augusto
and
skye
and
then
roy
who
was
a
trial
period.
A
I
think
for
the
omen
team
and
he
had
kind
of,
I
believe,
come
through
the
gitcoin
hackathons.
I
think
that
was
a
a
good
thing
there
yeah
and
then
there's
a
couple
more
specific
ones.
I
think
the
tenderly
payment
one
which
we
talked
about
last
week
nico
had
been
gearing
towards
that.
I
believe
it's
a
five
point
like
I
guess
it
was
2500
usdt.
A
So
is
that
maybe
a
six
month
with
the
five
months,
I
think
it
was
500
a
month
and
maybe
the
six
month
is
free
but
yeah.
That's
a
kind
of.
I
think
that
proposal
just
went
up
and
then
there's
the
mvp
for
omen
of
the
api.
Three
integration
we've
been
on
the
callers
about
a
month
ago.
It
was
before
christmas.
A
We
talked
about
those
and
api,
three
has
been,
has
been
working
there
and
then
the
multi-call
scheme,
big
news
and
actually
just
got
boosted
today
within
the
last
24
hours,
so
that'll
be
kind
of
coming
up
there.
So
any
thoughts,
questions
comments
on
on
on
those
proposals
out.
A
A
C
B
To
make
promotion
for
a
majority
vote.
A
Yeah
I
mean,
I
think,
the
way
if
we
want
to
do
a
majority
vote
like
we
have
to.
I
guess,
like
I
thought
we
need
to
plan
this
like
ahead
of
time
and,
like
you
know,
I
thought
we
had
kind
of
talked
about
this
before
and
the
the
at
least
like.
If
we're
gonna
push
for
that
we're
gonna
whip
the
votes.
I
I
you
know
you
need
to
be
kind
of
sure
of
something
it
seems
to
be
that
we're
still
in
like
the
test
phase,
we
want
to
do
it
on
x.
A
I
so
like,
I
think,
if
we
push
for
a
majority
of
vote,
at
least
for
myself,
like
you
get
a
majority
vote
and
like
I
guess
we're
not
in
that
case,
where
we're
ready
to
do
that
yet,
but
maybe.
D
Yeah
I
would
like
to
get
like,
so
I
think
we
we
need
to
do
some
more
testing,
maybe
on
on
next
time.
I
also
would
want
to
hear
it
nika.
I
think
nico
came
down
with
a
little
something
and
is
probably
not
on
the
call,
but
we
should
talk
to
him
too,
but
yeah.
If,
if
things
look
good
on
next
night,
then
it
might
be
cool
to
push
for
trying
to
try
to
rally
the
community
around
getting
past
50
percent
off
the
vote.
A
A
Okay
and
then
I
wanted
to
talk
a
little
bit
about,
I
guess
two
interesting
threads.
There
aren't
proposals
in
here.
There
actually
is,
and
one
is
on
just
the
treasure
discussion,
as
we
kind
of
into
that,
and
then
also
on
the
dxd
buyback,
so
starting
first
with
which
we
talked
about
last
week.
A
So
starting
first
with
like
the
treasury
discussion,
there
is
a
proposal
now
in,
I
guess
I
think,
was
called
member
balancer
sky,
and
so
this
would
be
to
get
2500
dollars
usd
sorry,
2500
usdt
in
the
treasury,
specifically
for
the
tenderly
payment
and
so
sky.
I
can
see
that
the
it's
pending
boosting
but
there's
a
yeah.
This
is
there
it's.
I
think
it
was
2510
usdt
that
was
sent
to
the
treasury
with
the
etherscan
link
and
then
a
reimbursement.
A
I
think
at
like
two
percent,
given
that
the
the
current
eth
prices
so
yeah,
I
mean,
I
think
it's
a
definitely
a
short-term
way
of
doing
that,
and
also
like
a
way
of
doing
it
outside
the
multi-call
scheme.
So
scott,
I
don't
know
if
you
wanted
to
say
anything
else
about
that.
E
Yeah,
so
the
details
of
of
the
of
how
it
works
are
on
the
forum
post.
This
is
the
pro
I
guess
this
is
the
first
well.
The
dow
has
a
little
bit
of
cyan
dye
from
back
in
the
day.
I'm
not
sure
if
that
was
from
like
bitcoin
grants
or
something,
but
it
doesn't
have
usdt
and
there's
an
immediate
need
to
make
a
payment
in
usdt,
it's
not
a
big
payment.
E
It's
like
this
is
a
simple
way
to
for
the
dow
to
leverage
this
community
to
get
a
token
that
it
needs
there's.
Clearly
some
market
price
risk,
which
maybe
the
community
members,
are
okay
with
like
in
this
case,
it's
a
small
amount.
There's
like
applied
a
two
percent
discount
to
like
market
price.
The
tricky
thing
is
like
the
transaction
fees
when
you
add
them
all
up
like
for
twenty
five
hundred
dollars,
it's
probably
not
worth
it
like.
E
It
probably
makes
sense
if
you
did
large
or
notional
like
ten
thousand
usdt
or
something
like
that,
then
the
then
the
transaction
fees
matter
less,
but
it's
a
it's
a
way
for
yeah.
It's
a
simple
way
for
a.
I
guess
an
experiment
to
see
if
the
community,
which
is
what
the
dao
is
a
a
set
of
people
all
around
the
world,
can
can
fill
the
needs
of
the
dao
in
a
quick,
efficient
way.
And
theoretically,
the
person
who
is
is
taking
that
action
is
trusting.
E
The
dow
that,
like
that
proposal,
will
pass
like
if
that
proposal
doesn't
pass,
then
there's
a
slight
issue,
but
then
you
know,
maybe
the
person
would
ask
for
the
usd
back
or
something
so
yeah.
So
that's
a
at
least
that
way
we
can
pay
tenderly
the
what
we
need
to
pay
them,
rather
than
have
them
be
owed
an
amount
for
like
another
month
or
two.
So
just
a
an
experiment,
I
guess
see
if
it
works.
A
Yeah-
and
I
think
it's
a
very
good
time
to
do
it
because
there's
such
a
specific
need
for
it,
I
mean,
I
think
we
obviously
need
diversification
of
the
treasury
in
general,
but
like
this
one
makes
a
lot
of
sense.
So
I
think
you,
if
you
were
able
to
just
send
the
usdt
and
now
it's
actually
in
the
dow
itself,
and
then
I
think
immediately
after
that,
the
proposal
was
created
to
send
the
usdt
for
too
tenderly.
For
that.
So
it
is
like
a
very
you
think
about
the
multi
call.
A
I
mean
the
multicall
scheme,
even
if
we're
doing
we're
using
that
to
make
trades
or
do
something
that
is
not
as
like
instantaneous
as
someone
just
sending
the
funds
to
the
dow.
So
I
think
it
is
it's
a
good
example
of
how
we
can
be
kind
of
flexible
and
move
quickly
if
we
need
to.
B
A
Yeah,
here's
the
kind
of
post
on
on
the
the
kind
of
talking
about
treasury
diversification,
and
so
I
think
this
is
something
we
need
to
do
for
worker
payments,
I
think,
is
something
we
need
to
be
like
good
stewards
of
capital
to
have
diversification
in
here
and
yeah.
So
I
think,
there's
the
discussion
on
what
we're
doing
with
the
treasury.
A
With
the
multi-call
scheme
and
there's
kind
of
in
the
post,
I
laid
out
maybe
some
initial
allocation
that
we
could
do
just
to
get
things
started,
but
I
think
duran
mo
is
talking
more
specifically
about
well,
that's
three
weeks
or
or
could
be
four
weeks
away
from
all
that.
Do
we
want
to
do
something
in
the
the
short
term,
so
yeah?
What
are
people
thinking?
A
I
guess,
let's
start
with
the
short
term
whether
we
want
to
do
something
in
the
short
term-
and
I
guess,
like
scott,
the
sky
member
bouncer
would
be
the
model.
A
Because
that
does
require
a
lot
more,
like
I
mean
2500
is
a
chunk
of
change,
but
if
we're
gonna
do
something
that
is,
you
know
in
six
figures
that
will
require
a
little
bit
more
kind
of
coordination
and
some
trust
on
the
person
sending
it
obviously
like.
If
we
have
one
of
these
go
through
with
sky,
then
maybe
it's
a
little
bit
better
for
that,
but
yeah
yeah.
E
So
if
the
goal
like,
if
the
goal
is
to
get
like
50k
like
this
week,
because
we're
worried
each
price
is
going
to
go
down
which,
like
that
seems
kind
of
dumb
like
we
could,
we
could
manage
that,
maybe
even
100k
like
we
could
use
the
community
to
do
that.
But
if
we're
talking
about
500k
like
you're,
probably
not
going
to
do
it
this
way
and
so
and
and
and
dxdow
hasn't
really
taken
a
a
view
for
a
while.
E
I
don't
see
what
another
three
weeks
like
it's
the
dx
now
is
not
generally
taking
views
on
eth
price
going
up
and
down
right,
it
hasn't
and
and
and
who's
to
say
it
should
now.
We
need
stable
coins,
but
do
we
need
to
do
it
in
today
versus
in
three
weeks?
I
don't
know.
F
One
way
to
do
it
is
we
need
the
liquidity
for
for
swapper.
So
I
mean
obviously
we
need
the.
We
need
more
than
just
stable
coins,
but
just
not
talking
about
the
price
and
we
need
liquidity
like
different
than
just
eth.
But
if
we
talk
about
short
term,
I
would
say
I
would
say
it's
good
if
we
had
a
runway
off
of
let's
say
so,
we
can
pay
our
our
workers
for
at
least
like
three
months
or
something
like
that.
That
kind
of
money.
B
B
To
do
it,
if
we
wait,
I
mean
the
like
a
member
is
taking
the
risk,
sending
stable
coins
to
the
dx
down
and
then
requesting
heat
back.
It's
like
this
very
slow
trade.
That's
that's
the
only
way
right
now,
the
only
like,
like
that
already
said,
it's
like
a
business
strategic
thinking
here
like
should
we,
I
think
we
should
try
to
be
quicker
and
execution
and
then
like
doing
some
boulder
moves
just
to
get
started
started
with
the
treasury
management
as
soon
as
possible.
F
There
is,
we
could,
like
still
do
to
a
plan,
how
to
do
it.
Let
like
er
in
a
good
way,
do
it
like,
with
without
the
risks
and
stuff
like
that,
but
if
we
have
a
way
to
do
it
today
and-
and
someone
is
willing
to
take,
let's
say
the
risk
of
being
the
one
sending
the
or
sorry
the
the
stables
I
I
think
we
definitely
should
take
it.
I
mean
if
peop
people
want
to
do
it.
I
think
at
least
from
my
perspective,
it
doesn't
matter
how
we
do
it.
F
A
Yeah
I
mean
there's
nothing
that
I
think
we
can
do
as
dx
dow
right,
because
I
don't
think
we
can
like
mandate,
people
to
go
and
like
send
stables.
So
I
think
that's
an
incumbent
upon
the
community
and
I
guess
we
could
have
like
a
signal
proposal
outlining
this
more,
but
I
think
it
would
be,
and
obviously
I
think
the
sky's
proposal.
That
is
like
the
first
instance
of
this.
I
think
we
should
be
planning
to
act
when
the
multi-call
scheme
is
implemented,
with
like
a
very
specific
initial
diversification
plan.
A
I
guess
specifically
on
like
getting,
I
think
at
least
seven
figures
of
stable
coins
like
very
soon
after
that,
and
so
I
think,
that's
like
more
important
to
me
than
like
getting
50
or
100k
and
stables
and
like
diversifying,
like
you
know,
getting
a
for
something
eat
price
falling
in
the
meantime.
So
I
guess
like
to
me
it's
like
what
can
we
do
to
make
sure
that,
like
when
the
multi-call
scheme
is
in
that
we're
ready
to
act
like
with
a
plan
there?
A
And
so
I
don't
know
also,
we
probably
want
to
test
it
a
little
bit
right,
and
so
maybe
there's
something
you
know
going
on
with
how
we
would
do
the
proposals
and
what
amounts
but
like.
What's
the?
How
should
we
go
about
like
getting
a
plan
on
what
to
implement
in
the
multi-call
scheme
so
that
we're
ready
to
go
when
that
when
that
gets
implemented,.
B
Yeah
I
see
like
the
the
move
to
for
quick
stablecoin
is
probably
the
only
use
case
would
be
worker
payments,
because
the
multi-core
is
is
the
the
crazy
huge
feature
which
allows
us
to
do.
A
lot
of
things
right
like
providing
liquidity
on
swapper
would
still
not
happen
because
we
need
the
multi-core
but
yeah
yeah.
I
don't
yeah.
I
think
it's
fine
to
wait
for
the
multi-core.
A
I
guess
what
type
of
signal
do
we
need
before
we
like
send
a
proposal
for,
like
you,
know,
to
to
sell
a
bunch
of
yeast
for
stable
coins,
or
is
that
just
like
once
the
multicall
happens?
We
are
ready,
like
someone
is
willing
to
send
a
kind
of
proposal
or
like
what's
the
process,
I
guess
for
like
making
such
a
gigantic
financial
decision,
even
though
I
think
we're
all
of
the
of
the
agreement
that
we
want
to
be
able
to
do
that,
but
like
how
like
how
much?
A
And
how
should
we
go
about
like
preparing
for
that,
because
I
don't
want
us
to
get
the
point
where,
like
once,
the
multi-call
scheme
is
implemented,
then
we're
talking
about
like
how
to
do
this.
I
think
we
can
run
these
things
concurrently
so
that
we
like
develop
a
plan
now
that
we
can
execute
on
it
when
things
are,
are
ready.
C
Okay,
I
was
just
gonna
say,
wouldn't
be
time
to
kind
of
maybe
work
on
our
budget
and
we're
also
talking
about
the
buyback,
and
that
might
be
also
a
consideration
of
the
budget
as
well.
So
it
seems
like
we
could
work
up
a
document
like
you've
already
been
kind
of
working
on
chris.
That
would
kind
of
account
for
everything.
Maybe
each
squad
figures
out
our
needs
and
we
can
incorporate
that
into
the
the
process
of
transitioning.
The
treasury.
D
Yeah,
I
was
gonna
say
I
think
I
would
think
the
least
controversial
aspect
of
this
would
be
securing
some
amount
of
roadmap
based
on
the
budget
in
stable
coins.
Right
like
to
me,
that
almost
seems
like
a
no-brainer
to
have
at
least
two
years
in
in
like
runway.
Let's
take
one
coin
and
then
from
there
other
diversification.
B
A
Yeah,
I
mean
it's
kind
of
they're
they're
and
I
guess
I
think,
I'm
leaning
towards
pulp
that
it
is
like
we
need
to
get
the
macro
view
and
then
that'll
like
help
inform
what
specific
actions
we're
taking,
and
I
think
that,
like
macro
view
is,
is
runway,
buyback
and
swapper
liquidity
right,
and
I
guess
we
could.
As
I
said,
we've
started
about
this
in
in
the
post.
I
think
we
need
to
have-
and
this
is
something
we
need
to
do.
A
Some
more
work
on
is
a
little
bit
more
information
on
like
the
budget
and
cost
just
so
we're
not
because
like
right
now,
it's
just
basically
like
what
is
our
monthly
cost
for
the
last
month
and
it's
like
110
k
and
just
multiplying
that
out.
A
But
I
think
we
could
do
some
projection
on
that
and
yeah,
and
I
think
we
do
have
time
to
develop
that
and
so
that
the
end
of
that,
we
have
a
little
bit
more
of
a
like
explanation
for
what
we're
trying
to
do
on
the
on,
like
the
first
trade
or
or
allocation
to
stable
coins.
So.
A
On
kind
of
on
that,
I
guess
you're,
switching
a
little
bit
to
the
dxd
buyback
component,
there's
been
a
somewhat.
I
guess
no,
definitely
a
lively
thread
in
the
forum.
Let
me
just
paste
paste
the
link
in
there.
I
don't
know
if
anyone
had
any
thoughts
from
the
from
the
thread
or
I
guess,
building
off
the
conversational
last
week
on
how
we
want
to
maybe
go
about
doing
this.
I
think
there's
a
lot
of
different
concerns
that
we
need
to
account
for
here.
A
So
any
any
thoughts
on
the
on
the
current
buyback
status.
A
Value
or
something
else,
but
I
guess
like
to
me
like
pulp,
I
think,
if
we're
gonna
put
some
standards
and
guidelines
on
this,
it
seems
like
it
will
not
be
something
that
we
can
do
in
like
one
fell
swoop,
maybe
limited
by
like
the
volume
traded
in
a
day.
So
should
we
be
looking
at
like
having
a
plan
that
is
purchasing
like
x
amount,
which
is
maybe
smaller
than
we
want
a
certain
percentage
of
that
or
yeah?
I
guess
the
the
the
amount
that
we
could
purchase
seems
to
be.
You
would.
D
C
Yes,
I
think
that
would
be
a
good
idea
and
what
we're
basing
that
off
of
depends-
and
I
actually
mentioned
this
in
my
comment
on
the
dow
talk
post-
that
you
did
chris-
I
was
wondering
if
we
have
any
information
about
what
the
oracle
pulls
the
average
price
from.
If
and
if
depending
on
wherever
that
hits,
is
it
any
any
defy
market
any
pool,
or
are
we
only
doing
uniswap
and
balance
or
like
what
pools
would
be
in
the
in
the
world
that
we're
working
in?
C
C
That
would
be
my
my
my
main
question
and
again
like
we
can
be
a
little
squishy
on
a
lot
of
this,
because
these
are
just
recommendations
and
best
practices.
Since
our
last
discussion,
I
actually
looked
at
u.s
law,
and
then
I
looked
at
a
lot
of
european
and
even
some
asian
countries.
They
actually
have
a
little
bit
more
strict
guidelines
on
buybacks,
but
it's
it's.
C
C
The
purpose
of
this
buyback
I'm
a
little
con,
I'm
a
little
just
a
little
hesitant
as
far
as
what
what
the
purpose
is-
and
I
understand,
of
course,
the
initial
concern
of
why
we're
wanting
to
fund
a
swapper
pool
to
have
dxd
be
the
home
of
swapper,
because
it's
our
our
coin.
C
But
there
is
a
little
bit
of
an
issue
if
it's
really
just
an
issue
of
what
what
what
our
purpose
is
here
and
how
the
price
is
really
going
to
be
raised,
and
then
how
long
the
price
is
going
to
be
raised,
and
I
think
we
need
to
really
think
about.
You
know
if
this
is
just
going
to
be
a
temporary
raise
of
the
price
you
know.
Does
that
even
serve
the
purpose
of
the
buy-back
or
is
the
purpose
of
the
buy-back?
C
More
so
to
you
know,
reward
dxd
holders
and
we
think
the
coin
is
undervalued,
which
is
more
traditional
needs
for
a
buyback,
and
that
that
you
know
I
actually
just
saw
something
from
yearn
and
I
need
to
look
a
little
closer
at
it.
I
think
they're
going
to
be
doing
a
buy
back
soon,
and
I
need
to
look
at
what
reasons
they're
doing
it.
There
is
one
attorney
that
I
really
respect
within
the
crypto
space
that
I
think
is
working
on
that
buyback.
C
But
it's
it's
new,
it's
flexible!
I
I
just
wonder
what
you
know.
What's
our
real
goal
here,
because
then
it
also
increases
what
percentage
of
the
treasury
we're
actually
going
to.
Try
and
you
know,
reward
dxd
holders
for
you
know
buying
through
the
buyback.
B
It's,
I
guess
it's
it's
a
very
subjective
view
on
things.
Every
member
has
like
their
own
reasons,
for
why
we
should
do
it.
My
views,
it's
it's
very
undervalued
and
it's
a
very
clear
signal
to
to
the
dxd
holders
that
we're
like
yeah,
we
care
and
we
actually
want
to
get
even
more
dxd
into
the
treasury.
F
I
think
there's
that
extra
reason
also
that
hopefully
there
will
be
no
will
be
no
negativity
about
us
using
that
liquidity
that
we
bought
up
to
use
it
on
swapper
like
we
bought
it
from
the
market.
F
It
was
a
market
price,
it
wasn't
minted,
I
mean
I
know
it's
it's
it's
stupid
to
go
this
route,
but
we
we
already
discussed
using
our
own
dxd
that
we
have,
and
the
community
and
dxd
holders
doesn't
like
that,
or
at
least
what
we
think-
and
maybe
we
can
do
a
signal
vote
on
that
before
we
do
the
buyback
and
just
ask
the
dxd
holders
like.
Oh,
we
are
right
with
you
sing
dxd
we
have
in
the
treasury
and
then
we
ask
the
same
question.
F
A
Yeah,
so
I
guess
those
are
the
just
to
frame
it.
Those
are
the
two
different
considerations.
I
guess
that
people
are
saying
like
toronto's
saying
dxd
is
undervalued.
This
would
be
valuable,
like
almost
treasury
diversification
and
also
like
a
signal
to
dxt
holders
and
then
second
is
literally
being
able
to
use
dxd
in
swapper,
be
able
to
provide
liquidity
and
to
have
that.
So
I
guess
they're
not
mutually
exclusive
and
I
get
yeah.
B
Yeah
also
like
pipe
to
your
question,
I
think,
like
the
liquidity
isn't
isn't
great
like
we
have
balance,
unison,
pools
and
swapper.
Do
like
I'm
more
and
more
in
favor
of
actually
like
not
doing
like
huge
buyback,
but
rather
like
constantly
buying
back.
If
the
price
is
still
going
down
and
like
investors
actually
like
just
selling
for
such
a
low
price,
it
doesn't
make
sense.
B
So
we're
like
there's
no
reason
for
us
to
like
to
do
big
buybacks,
but
just
like
constantly
buying
back
if
the
prices
are
still
going
down,
which
also
like
resides
in
a
in
a
more
secure
way
of
buying
back,
because
the
our
buy
orders
will
just
be
like
not
as
huge
as
someone
expects.
C
Yeah,
so
I
could
definitely
see
that
being
a
justification
and
that's
like
the
normal
justification
with
why
buybacks
happen
like
people.
Sometimes
you
know
I've
seen
both
crypto
like
crypto,
as
well
as
traditional
companies,
doing
buybacks
year-round,
basically
because
they
think
that
you
know
their
asset
is
undervalued
and
they
want
to
reward
shareholders
and
they
for
us,
and
a
great
example
is
we
do
have.
You
know
for
now
a
huge,
a
growing
treasury
and
it's
it's
a
good
way
to
reward
road
shareholders.
C
My
one
thought
is,
though,
if
the
idea
is
to
increase
the
the
value
of
dxd-
or
you
know,
you
know,
we
feel
it's
undervalued
if
we
are
just
taking
the
dxd
and
then
moving
it
to
the
swapper
pool.
Are
we
is
there
an
issue
of
pumping
and
dumping?
That's
going
to
happen
in
that
process
like?
Are
we
actually
going
to
be
helping
the
the
way
that
the
price,
if
we're
just
moving,
moving
it
around
essentially.
D
D
I
think
that
literally
is
one
of
the
motivations
right
is
to
move
some
of
the
liquidity
into
swapper
right
that
would
be
buying
some
off
of
the
open
market
and
then
putting
it
onto
swapper
right
I
mean,
I
think
it
could
be
framed
as
purely
a
buyback
where
you
take
the
dxd
off
the
market
and
burn
it,
and
then
something
else
that
we
haven't
really
discussed,
which
we
probably
should
address
as
part
of
this
like
write-up
or
publication
right,
is
that
we
actually
already
have
an
automated
buyback
mechanism.
D
It's
actually
called
the
buyback
reserve
in
the
bonding
curve
right.
So
I
think
we
should
acknowledge
that
and
kind
of
explain
why
we
would
do
something
separate
from
that
as
well.
Like
I
mean,
I
think,
the
obvious
there's
an
obvious
reason
there,
which
is
that
the
reserve,
the
price
on
the
curb,
is
like
so
far
below
market
that
it's
effectively
like
not
taking
any
thc
off
the
market,
but.
E
Yeah
I've
raised
this
point,
which
seems
relative
into
what
you
just
said,
but
I
raised
it
last.
The
conversation
we
had
about
this
is
that,
because
dxd
is,
it
is
the
bonding
curve
right
it
is.
It
is
its
own
thing.
Bonding
curves
exist
on
their
own
and
and
dxd
is
a
claim
on
revenue
that
dx
dial
produces
from
its
products.
E
It's
not
a
it's,
not
a
share
in
dxdow
right,
so
I
would
argue
that
dxd
just
like
omen
token,
if
it
existed
or
something
it's
another
token.
It's
not
it's
not
actually
dx
dao.
So
I
I
don't
actually
think
that
it's
dx
dow's
like
share
right.
It's
not
it's
share.
So
it's
like
it's
not
it's
not
a
share
buyback.
It's
not
a
share.
It's
a
it!
It's
the
curve.
It's
interacting
with
the
bonding
curve,
just
like
anyone
else
is
interacting
with
the
audi
curve.
D
Yeah,
I
guess
I
I
disagree
with
that
assessment
that
it's
like
an
external,
an
externality
to
the
dow
itself,
and
I
think
the
kind
of
the
key
thing
here
is
that
it's
actually
the
the
so
the
bonding
curve
is
the
dxd
token
contract
right
and
it's
it's
upgradable
right,
so
the
dow
itself
actually
can
upgrade
the
logic
of
that
bonding
curve.
D
Like
I
think
what
you're
saying
now
I
mean
could
make
sense
if
it
was
an
immutable
like
if
the
token
was
basically
just
out
there-
and
it
is
what
it
is-
the
dow
can't
change
it,
but
the
dow
actually
can
change
it
right.
So,
ultimately
it
I
think
it's
actually
the
opposite.
It's
really
just
the
dx
tau
and
the
the
token
is
just
kind
of
this
mechanism
by
which
the
dow
either
raises
capital
or
distributes
profits,
and
I
think
the
current
model
is
this.
D
It's
essentially
emit
a
variety
of
mint
and
burn
right,
but
but
the
burning
is
basically
supported
through
this,
like
isolated
pool
of
capital
called
the
buyback
reserve
that
sits
in
the
token
contract.
B
D
No,
I
don't
think
we
necessarily
have
to
find
the
answer,
but
I
think
it's
it's
worth
like
acknowledging.
The
fact
that
this
is
is
the
existing
system
right
that
was
set
up
by
the
dao
right.
So,
like
the
dow
already
has
a
buyback
like
this.
D
Essentially
it's
just
an
automated
buyback
method
isn't
built
into
the
bonding
curve
right,
and
so,
if
we
switch
so
to
speak
or
like
continue
to
add
a
new
mechanism
by
like
the
dow
directly
doing
a
buy
back
through
the
to
the
nurse's
protocol
relay
like,
I
think
it
should,
it
should
be
part
of
this
bigger
picture.
Right,
like
I
mean
essentially
it's
just
like.
There's
this
token
supply,
there's
like
the
profit
profits
and
like
yeah.
It's
all
like
the
same
thing.
I
think
at
the
end
of
the
day
right
it's
just.
D
D
I
think
we
just
need
to
have
a
very
like
smooth,
like
transparent,
consistent
process
by
which,
like
the
dow,
can
take
tokens
off
of
the
market
when
it
seems
appropriate,
like
whether
the
motivation
is
just
that
the
treasury
has
gotten
too
big
or
that's
part
of
the
mint
and
bird
model
like.
I
think
that
all
needs
to
be
just
kind
of
consolidated
into
some
kind
of
like
yeah,
clear
plan
or
publication.
F
Because
I
think
a
lot
of
people
are
afraid
of,
like
obviously,
if
dxdow
says
we're
gonna
buy
back
this
amount
of
dxd
from
the
market.
If
we
don't
put
ceiling
to
that
price,
it
may
pump,
and
then
we
like
both
community
and
us.
We
don't
know
if,
like
this,
is
an
artificial
pump,
so
it
could
get
dumped
on
or
like
we
don't
know
that
or
or
or
if
the
community
is
actually
bullish
on
it.
F
F
Like
yeah,
we
want
to
move
forward
and
if
we
want
to
do
a
buyback-
and
let's
say
the
price
actually
goes
up
and
it
cancels
our
buyback
yeah
we're
back
on
square
one.
So
it
depends
like
what
is
the
reason
we
want
to
do
the
buy
back.
So
if
we
need
the
liquidity,
I
don't
like.
I
don't
want
the
swapper
to
be
delayed
with
the
with
the
liquidity
here
and
then
I
think
yeah.
Maybe
we
should
do
like
two
buybacks
short
term
and
have
them
separated.
F
E
C
Well,
if
we
well,
I
don't
even
know
if
that's
if,
if
we
do
something
like
where
we're
only
going
to
buy
back
25
of
the
average
daily
trading
volume,
then
we
would
be
basically
adjusting
that
price.
Each
time
we
put
in
the
relayer
to
actually
do
the
the
buy
back.
So
I
don't
know
if
that
would
be
possible.
E
A
Called
it's
called
going
private
right
and
you
just
go
private
right.
You'd
like
have
all
your
tokens,
and
presumably
you
would
then
do
another
ideo
like
another
time
and
like
so
the
reason
people
go.
Private
is
because
they
don't
want
to
they
like
want
to
like
not
be
under,
like
the
whims
of
like
the
mar.
The
market
wins
right.
It's
like,
I
guess,
that's
possible,
but
I
feel
like
we.
A
D
Would
be
like
it
would
be
sort
of
like
it
would
turn
into
like
one
of
those
like
non-profit
corps
that,
like
all
the
revenue
goes
to
the
operations
right,
there's
no
distributions.
E
A
A
No
yeah,
I
mean
we're
kind
of,
I
think
we're
not
in
any
way
like
in.
We
don't
really
know
what
we're
trying
to
do.
We
don't
really
know
how
we're
trying
to
do
it.
I
think
to
me
the
most
important
thing
is
swapper
liquidity
in
some
way,
I'm
not
even
saying
for
dxd,
but
just
in
general,
like
that
to
me,
is
like
the
most
like
short-term
thing
that
we're
trying
to
do
and
we
need
to
like
focus
our
efforts
in
like
whatever
solution.
A
We
come
up
with
that's
what
we're
trying
to
achieve,
at
least
in
the
short
term,
but
there
are
lots
of
general
questions
about
like
dxd
and
a
buyback
and
even
like.
A
Dxtao
cool
yeah
I
just
want
to
keep
moving
on.
We
can,
I
think,
pope
and
I
we
can
figure
out.
I
think
I
need
to
respond
to
that
treasury.
I
mean
that
threat
anyway
and
then
I
think,
there's
a
a
couple
different
things
that
we
can
think
of.
I
think
the
the
snapshot
of
are
we
okay
with
using
the
dxc
in
the
treasury
is
another
idea
there
that
we
can.
We
can
think
about.
A
C
Sure
so
this
is
a
lot
of
stuff
that
we've
already
discussed
so
hopefully
some
of
it
isn't
new
to
you,
but
I
would
love
it.
It's
a
semi-final
draft
that
hopefully,
depending
on
how
everyone
feels
about
it,
we
like
comments
and
feedback
and
if
we
can
get
something,
that's
pretty
solid
with
the
community,
we'll
go
forward
with
an
alchemy
proposal
and
then
I'm
going
to
be
working
with
kenan
and
violet
to
getting
this
in
a
more
established
format,
with
all
the
other
information
that
keenan's
been
working
on
for
documents
for
the
website.
C
So
please
take
a
look
at
it.
Let
me
know
what
you
guys
think
the
one
thing
that
came
up
actually
this
morning
we
have
a
new
dev,
adam
who's,
going
to
be
joining
mesa.
He
actually
had
a
question
that
we
brought
up.
I
think
last
week
that
I
wanted
to
just
get
a
final
word
from
y'all
on
which
is:
are
we
going
to
be
doing
a
50
worker
compensation
for
the
two-week
trial
period,
or
should
we
just
be
doing
a
full
compensation
for
the
first
two
weeks?
C
That's
it.
He
wanted
to
to
know
when
he,
because
he
wants
to
put
in
his
worker
proposal
on
dow
talk
what.
D
H
I
mean
just
normally-
I
talked
at
them
today
about
this
yeah.
So
just
look
at
the
paper
and
the
paper:
it's
not
in
the
paper,
so
he
is
50
50
of
his
normal
wage.
That
study,
but.
H
F
So
so
what
we
could
do
if
we
want
to
do
this
fairly,
is
that
we
say
if
someone
goes
through
the
trial
periods,
both
of
them
and
goes
on
to
a
full
full-time
like
worker,
that
50
that
they
didn't
get
they
may
get
it
later.
Maybe
if
we
want
to
do
something
fairly,
like
the
reason
why
we
don't
want
to
take
that
risk
early
is
because
obviously
we
don't
want
to
trial
workers
and
fail
with
them,
and
then
we
pay
a
lot
like.
F
F
If
you
succeed
or
like
it
becomes
like
a
bonus
or
whatever
we
could
call
it,
but
we
don't
want
to
pay
full
full
amount
on
tripods.
That's
that's
my
opinion.
H
Yeah,
I
think
that's
very
valid,
but
it's
just
not
to
make
it
too
complicated.
That's
but
I
mean
yeah.
I
think
it's
a
great
idea
to
like
tell
if
you're,
so
you
think
you're
doing
a
trial
for
two
weeks
and
then
you
week
like
the
next
two
months
and
then,
if
you
get,
if
you
stay,
then
you
get
the
50
percent
of
the
of
the
trial.
F
We
can
maybe
try
to
make
it
simpler
like
if,
if
it
is,
I
don't
know,
maybe
if
we
get
that
portal
up
for
workers,
maybe
we
could
build
build
that
in
to
the
contract.
So
if
someone
makes
a
proposal,
we
build
that
in.
So
if
you
choose
a
trial
worker
con
contract,
everything
is
built
into
that
one.
I
don't
know,
but
I
definitely
see
like
just
from
the
risk
perspective.
We
should
do
that
and
from
the
experience
perspective,
obviously
that's
much
more
complicated.
C
Right
that
was
the
one
thing,
so
I
even
mentioned
to
adam
that
if
he
wanted
to
work
with
martin
on
more
like
a
long-term
two-month
plan,
and
then
you
know,
share
his
trial
period
on
dow
talk
and
then
maybe
do
the
alchemy
proposal,
just
after
the
you
know,
after
that,
he
made
it
through
his
first
two
weeks
or
something
like
that,
but
he
was
kind
of
really
okay
with
just
doing
the
first
do
doing
an
alchemy
proposal
for
two
weeks
then
doing
another
one
subsequent
to
that,
maybe
maybe
that
is
the
simplest
way
to
do
it
just
so.
C
H
I
think
it's
way
way
better
if
he
to
he
also
does
like
the
two
weeks,
because
the
main
reason
is
that
you
know
that
he's
a
deaf
and
he's
like
a
full
stack
death,
but
we
don't
know
which,
which
part
is
really
good
on,
and
he
also
it's
not
yeah.
So
it's
very
difficult
to
like
plan
two
months
ahead,
but
after
these
two
weeks
trials
would
be
it's
much
easier
to
do.
Because
then
we
see
what
is
strange
and
what
he
wants
and
I
think
yeah
we
should.
C
Yes,
so
we
had
been
doing
a
compensation
structure
for
the
trial
period,
which
was
previously
two
months.
We
had
a
seventy
percent
for
the
first
month
and
ninety
percent
right
for
the
second
month.
We
all
know
that,
so
there
was
some
discussion
at
the
last
governance
meeting
when
we
reduced
the
trial
period
to
two
weeks.
You
know
what
percentage
of
full
compensation
would
trial
period
workers
receive
so
martin,
and
I
were
wondering
whether
we
wanted
to
do
50
of
full
compensation
or
just
go
ahead
with
you
know.
C
F
F
If,
if
we
do
shorter
periods,
we
should
do
also
a
little
bit
lower
like
we
want
to
lower
the
risk
for
for
geek
style.
We
don't
have
hr,
we
don't
have
like
me
as
a
product
manager,
at
least
I
I
wasted
a
lot
of
time
managing
trial
workers
and
I
would
say,
like
I'm,
not
getting
compensated
for
that.
E
F
F
D
I
think
that
could
make
sense,
because
if
somebody
is
like
literally
scamming,
then
they
could
get
nothing
at
the
end
of
that
two
weeks
and
if
they
are
just
not
at
the
level
that
they
had
built
themselves
at,
but
we
pay
them
for
the
level
that
we
assess
them
at
at
the
end
of
the
two
weeks
right,
so
they
get
paid
fairly
for
what
they
do.
It's
minimizes
the
risk
I
don't
know,
but.
E
C
I
actually
incorporated
that
into
the
worker
guidelines
under
worker
compensation
that
the
community
will
determine
what
working
within
good
faith
and
as
a
community.
You
know
by
discussing
with
your
co-workers,
we'll
you
know,
determine
what
you
actually
accomplished
and-
and
we
will,
you
know,
basically
compensate
you
based
on
that
that
rate.
C
So
that's
in
there
as
well
as
like
a
at
the
end,
I
have
two
different
kind
of
clauses
that
I
thought
could
be
useful
for
us,
because
we're
one
is
a
conflict
of
interest
clause,
kind
of
thing,
just
to
kind
of
inform
people
like
what
could
be
considered
conflicts
of
interest
and
like
just
check
with
community
members,
if
you
think
you're
acting
in
like
against
the
interests
of
dx
doubt
and
then
the
other
thing
kind
of
falls
into
like
what
zep
was
talking
about
just
like
scamming,
you
know
just
people
acting
in
good
faith,
and
you
know
saying
you
know
you
know
if
they
say
they
can
do
something
or
if
they
are
pretending
to
be
someone
else
or
anything
like
that.
F
F
Do
this
like
hold
their
hand
and
like
do
these
stuff
and
they
like
having
a
leader
or
or
stuff
like
that,
so
I
would
say
it
depends
on
the
team
or
their
project,
but
I
would
like
geek
style
to
be
more
like
this
gum
road
article,
someone
sent
where,
where
they
don't,
they
don't
actually
have
time.
They
don't
have
bosses
or
stuff
like
that.
They
they
have
tasks,
they
complete
them
and
they
say
hey.
F
So
I
would,
I
would
love
if
we
could
have
that
kind
of
communication
where
we
tell
the
worker,
like
hey,
there's
no
bosses
here,
we
will
not
only
check
like
we
will
not
look
at
your
code
or
design
or
whatever
it
could
be.
We're
like
we
would
like
you
to
be
like
a
part
of
geeksdown
and
be
like
involved
and
and
do
your
own.
F
C
H
D
D
H
One-To-One
situation,
I
think
you
have
like
the
right
to
see
who
is
the
other
guy,
although
yeah,
how
to
see
who
is
he
reacting?
Who
what's
his
emotions
and
with
meet
with
adam?
It
was
like
instant,
very
easy
and
it
worked
well
and
he
had
like
this
yeah
yeah.
He
had
like
some
connections
and
with
other
guys
was
just
like
yeah.
Please
give
me
task
and
do
you
do
you
pay
like
two
weekly
or
one
weekly
and
yeah?
That's,
not
the
mindset.
We
we
think
we
need.
So
it's
really.
F
H
After
I
posted
on
twitter
that
I'm
joining
geeksdale
and
then
willowpower,
he
was
the
only
one
reaching
out
and
I
think
the
guys
who,
like
we
reaching
out
them
who
are
not
used
to
like
this
kind
of
organization
or
crypto,
it's
difficult,
because
they
are
like
this
mindset
getting
jobs
and
two
weeks.
They
have
to
do
this
and
then
they
get
paid
and
it's
I
think
we
should
much
more
try
to
yeah.
I
I
I
will
maybe
find
some
other
place
where
you
can
yeah.
D
F
And
I
think
like
for
my
lesson,
as
is
even
if
you
like,
need
something
or
desperate
for
developers.
I
I'm
more
behind
because
of
them
and-
and
it
actually
hurt
me
more
than
helped
me.
So
that's
why
I
would
like
like
maybe
to
have
something
really
rough
like
50
of
the
pay
or
something
like
that,
because
it
shouldn't.
A
A
It's
not
about
like
the
payment
or
our
system,
it's
about
getting
to
yes
or
no,
very
quickly,
right
and
like
martin,
I
think,
is
giving
a
good
example
of,
like
you,
just
gotta
talk
to
them,
figure
it
out
and
like
get
to
yes
or
no
and
like
what
is
the
quicker
quickest
way
to
do
that.
But,
like
I'm
not
saying,
we
need
to
come
up
with
a
system.
A
I
just
think
we
need
to
come
up
a
way
of
like
processing
lots
of
possibilities,
because
it's
not
that
like
and
then,
if
it
like,
doesn't
work
out,
it
doesn't
work
out.
Let's
go
on
to
the
next
one
and
just
like
whatever
is
the
quickest
way
to
do
that,
and
I
think
everyone
individually
needs
to
get
good
at
reading
people
and
understanding
different
cultures
and
understanding,
whether
it's
a
fit
or
not
and
like
that's
kind
of
the
most
efficient
way
to
do
it.
A
I
think
a
video
call
is
like
I
mean
just
kind
of
as
a
quick
way
to
do
that.
I
understand.
There's,
like
you
know,
concerns
with
yeah
technical
developers
and
like
understanding,
reading
their
code,
but,
like
you
know,
I
think
we
can.
I
was
just.
H
Reading
people,
I
also
told
him
all
them.
You
know.
If
you
really
do
a
good
job,
then
it
will
be
a
job
for
maybe
for
years.
You
know
if
you
are
fit
and
then,
if
you
only
get
paid
like
fifty
percent
the
first
two
weeks,
it's
nothing.
You
know
it's
just
like
up
front.
You
have
some
risk,
but
it's
compared
what
you
get
afterwards.
It's
like
it's
very
easy
to
do
this
still.
C
That's
a
good
point.
Martin,
I
would.
I
include
a
included
a
how
we
work
section
in
the
contributor
guidelines
and
the
first
thing
is
flat
hierarchy
and
it
kind
of
goes
over
some
of
the
points
that
zed,
I
think
you
mentioned,
but
I
would
appreciate
any
comments,
especially
maybe
in
relation
to
how
you
would
speak
to
developers
about
this,
just
even
for
other.
C
You
know
new
squad
leaders
who
need
to
talk
to
people
to
onboard
them
just
so
when
they're
interfacing
with
onboarding
people
they
can
like
have
points
of
reference,
so
that
could
be
helpful
as
well.
A
Yeah,
I'm
really
into
this
idea
of
like
simple
heuristics,
instead
of
like
bureaucracy
right
like
simple
heuristics
are
not
going
to
like
solve
everything,
but
it's
like
this
is
like
a
quick
rule
of
thumb
that
you
can
use
to
like
execute
that.
I
think
we
need
to
like
think
about
how
we
develop
those.
The
one
thing
I
wanted
to
ask
to
add
on
maybe
the
contributor
guidelines
is
this.
A
I
think
we
talked
before
about
pricing
the
dxd
at
the
usd
price
at
the
time
on
the
like
at
the
dxd
price,
on
the
curve,
but
at
the
usd
price-
and
maybe
this
is
an
opportunity
to
put
that
in
this
update.
If
we're
going
to
send
this
through,
like
a
proposal
process.
D
John,
I
think
I
think
we
should
do
that
because,
as
the
east
price
goes
up,
basically
that
drives
down
the
amount
of
txd
that
what
like
workers
would
be
getting
and
I
think
using,
I
think,
everything's
sort
of
framed
in
usd.
So
I
think
it
makes
sense
to
use
the
the
mint
price
like
the
highest
point,
that
txt
was
sold
on
the
curve
in
usd
terms.
A
And
then
I
guess
like
in
when
we
shut
off
the
bonding
curve.
I
guess
we
should
just
freeze
that
price.
Is
that,
like
the
price
we
should
be
using
for
the
time
being
or
like,
I
guess
maybe
we'll
have
to
think
about
another
way
to
price
or
think
of
another
way
to
price
dxd
going
forward.
D
Yeah
and
then
I
guess
the
question
is
what
happens,
though,
if
the
market
price
goes
above
that,
do
you
then
switch
to
market
price,
or
is
it
kind
of
like
the
yeah?
That's
the
market
dollars.
It's
basically
like
the
max
of
either
the
current
market
price
in
dollars
or
the
the
highest.
It's
been
sold
from
the
curve
and
dollars.
D
C
And
so
let's
just
account
for
both
and
then
just
I'll
put
a
comment
on
the
dow
talk
post
to
say
that
that's
a
something
we
came
to
a
consensus
on
from
the
meeting.
A
A
C
Yeah
and
just
comments
on
the
dock
itself.
If
something
comes
to
mind,
yeah
anything
like
that
would
be
helpful.
A
Cool
yeah,
the
only
thing
I
wanted
to
touch
on
briefly,
just
as
a
kind
of
governance
discussion
item
was
yesterday.
We
had
another
gov
2.0
meeting
and
in
this
one
presented
a
solution
that
was
trying
to
maybe
combine
some
of
the
previous
solutions
that
we
had
presented
before
the
video
is
posted
in
the
the
video
and
the
docs
are
posted
in
the
governance
discussion
agenda,
and
so
I
think,
that's,
hopefully
something
that
we're
gonna
use
as
a
foundation
structure,
maybe
to
to
tweak
and
develop
moving
forward.
A
The
kind
of
core
idea
of
it
is
having
a
voting
power,
a
new
voting
power
equation
that,
like
reconciles,
dxd
and
reps,
so
dxd
and
rep
maintain
their
base
primitives
as
rep
being
on
chain
contribution,
unchained
representation
of
contributions
to
dx,
dow
and
then
dxd
being
kind
of
the
liquid
financial
value
of
dxdow,
and
then
a
combination
of
those
is
what
determines
like
the
new
voting
power
and
then
using
some
some
variables
to
to
kind
of
raise
or
lower
the
voting
power
for
each
of
those.
A
Based
upon
like
how
long
your
your,
how
much
dxd
you
have
staked
how
long
you're
committing
to
it
in
the
future,
this
would
also
apply
to
like
dx
style
liquidity
pools
themselves.
So
you
could
imagine
someone
committing
to
the
dxde
swapper
pool
for
a
certain
number
or
committed
to
providing
liquidity,
and
then,
on
the
rep
side,
there
would
be
like
a
decay
function,
so
the
last
there
would
be.
You
would
start
to
lose
voting
power
influence
based
upon
the
last
time
you
earned
rep.
Now
this
wouldn't
affect
your
overall
rep
amount.
A
It
would
just
be
your
reps
effect
on
the
voting
power,
so
I
think,
there's
still
some
some
things
we
need
to
model
out
and
and
tweak
with
the
equation
from
hoping
that
this
is
a
a
structure
that
we
can
rally
around.
A
The
goal
is
to
have
a
signal
proposal
that
outlines
some
of
these
these
things
to
by
the
end
of
the
month,
and
so
we'll
have
one
more
meeting
two
weeks
from
yesterday
january
26
to
go
over
that
and
and
hopefully
work
towards
this,
the
signal
proposal,
and
then
there
obviously
be
like
a
much
longer
time
in
terms
of
like
implementing
and
that.
So,
if
you're
interested
like
please
reach
out
specifically
on
the
modeling
thing,
we
have
some
ideas
there,
but
yeah.
If
any
thoughts
or
questions
now.