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From YouTube: DXdao Weekly Meeting #31 (Resources) - [2021-02-11]
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B
I
was
just
helping
them
review
a
little
bit,
so
I
think
we'll
start
with
chris
kind
of
pulling
up
a
presentation
he
prepared,
and
this
will
will
help
us
review
the
budget
in
the
beginning
here
for
the
agenda
get
like
about
30
minutes
plan
for
the
budget
and
expenses
and
then
we'll
we'll
spend
some
time
after
that,
talking
about
the
dxd
buyback
and
then
sometime
after
that
about
the
treasury
management.
So,
but
both
of
the
calls
should
be
about
budget.
D
Okay,
I
put
the
link
to
these
also
in
the
chat.
If
you
want
to
follow
around
there,
so
there's
a
google
presentation,
google
slide
and
then
also
the
corresponding
google
sheet,
so
just
to
kind
of
go
over
the
structure
of
how
I
was
thinking,
this
there's
kind
of
four
different
ways.
We
think
about
things
that
are
funds
that
are
moving
out
of
the
treasury
for
different
reasons
and
how
we
project
those
going
forward.
So
one
is
a
snapshot
of
current
contributors
and
costs.
D
Two
is
expenditures,
and
so
this
is
what
we
I'm
referring
to
as
like
non-full-time
worker
expenses.
So
this
would
refer
to
contractors
that
we're
using
for
one-offs,
but
it
also
could
be
like
monthly
expenses
that
we'd
have
that
are
outside
the
full-time
workers
and
then
three
is
trying
to
project
the
future
of
full-time
workers.
So
what
positions
are
we
looking
to
fill
and
what
are
what
are
our
needs
and
what
are
those
costs
going
to
be?
D
And
then
four
is
like
the
liquidity
and
investment
part
and
this
which
gets
into
some
of
the
other
things?
Besides,
just
funding
the
current
dig
style
costs,
but
looking
at
funding
products
like
putting
liquidity
in
swapper.
This
is
also,
I
think,
funding
providing
liquidity
on
omen
and
then
I
think
it
could.
It's
also
part
of
the
ideas
in
terms
of
the
dx
ventures
movement.
D
So
the
colors
are
back.
I
did
eliminate,
I
did
try
to
minimize
it
a
bit,
and
so
this
is
the
the
kind
of
categories
I'm
using
for
each
each
squad
or
kind
of
the
way
that
we're
dividing
up
the
budget.
So
you
can
see
the
top.
We
have
the
three
main
products
omen
mesa
swapper.
These
are
pretty
standard.
You
know
this
is
everything
to
do
with
these
products
in
terms
of
front
end
development
and
also
in
terms
of
like
building
it
out.
D
Next,
we
have
governance,
which
kind
of
covers
a
couple
different
things.
You
know
the
managing
the
day-to-day
proposal,
submissions,
the
governance
call
and
how
we
do
that
things
like
processes
and
guidelines
for
geeks-out
workers,
so
there's
a
little
bit
of
like
hr
into
it,
and
then
it's
also
you
know.
Governance
is
a
product,
so
we
have
a
lot
of
work
going
into
building
out
our
governance
capabilities
from
a
product
perspective.
D
So
gusto
has
been
doing
a
lot
of
work
here
and
I
think
we're
gonna
have
a
lot
more
work
in
this
area
going
forward.
As
we
look
to
move
to
a
gov
governance,
2.0
system,
that's
going
to
require
a
lot
of
heavy
lifting
biz
dev
marketing
community.
So
this
is
external
relationship,
dx
dow
this
is
you
know
having
that
initial
funnel
for
different
opportunities
to
the
different
products.
D
D
We
need
in
this
area,
and
you
know
just
looking
at
omen,
mesa
and
swapper
right,
I
mean,
I
think,
having
like
five
people
on
a
product
team
makes
all
makes
a
lot
of
sense,
so
you
can
see
swappers
a
little
bit
behind
there,
but
it's
nice
to
see
really
these
product
teams
forming
here
and
so
expenditures.
This
is
just
kind
of
projecting
it
out
and
so
you'll
notice.
D
Here,
first
off
you
know
with
swapper
and
having
only
three
product
teams,
you
can
see
that
they
actually
have
projected
a
couple
other
expenses,
precisely
because
they
are
only
you
know,
there's
only
kind
of
three
full
time
here.
So
we've
got
the
swapper
router
aggregation,
which
we've
talked
a
lot
about,
which
will
help
bring
in
sushi
swap
and
unisop
pools,
and
so
in
this
world.
That
would
be.
That
would
be,
you
know,
a
contractor
cost.
I
think
it
also
includes
yeah.
D
Just
purely
is
because
the
swapper
team
maybe
doesn't
have
as
much
established
dev
help
as
as
the
other
ones
just
budgeting
for
that,
and
then
at
the
bottom
here,
there's
kind
of
two
things
to
note
here:
one
the
auditing
costs.
So
I
actually
did
look
back
at
the
auditing
costs
we've
had
over
the
last
five
months,
so
we
had
about
60
000
spent
on
auditing
costs
since
from
september
to
january,
so
that
goes
through
swapper
deployment
contract
that
goes
through
the
liquidity
rather
for
nosis
protocol.
D
It
goes
through
the
erc20
guild
audit.
It
goes
through
the
staking
contract
for
for
swapper
there,
so
there's
a
bunch
of
things
there,
and
I
think
that
this
is
something
will
obviously
be
like
a
cost
going
forward,
and
you
know
this
cost
may
increase,
but
we
were
averaging
about
12
000
for
that
there,
and
so
this
would
be
like
a
pretty
big
chunk,
but
I
think
something
we
kind
of
necessity.
D
Now
we
may
end
up
spending
like
twenty
five
thousand
dollars
on
one
month
and
like
five
thousand
dollars
on
the
next
month
in
terms
of
those
we
actually
have
not
had.
I
know
that
I
think
phil
will
probably
be
auditing
something
coming
up,
but
like
the
last
three
or
four
weeks,
we've
actually
had
a
little
bit
of
a
of
a
lull
in
terms
of
that,
and
then
I
also
just
added
like
what
I
think
we
need
to
are
important
is
just
marketing
costs
for
the
products.
D
This
could
also
be
things
like
yeah
other
hackathons,
but
like
yeah,
I
don't
give
aways
whatever
we
want,
but
I
think
it's
important
that
we
like
budget
those
in
there
yeah
and
just
think
the
the
idea
is
just
to
capture
some
of
these
costs
going
forward
so
like
another
one
that
we've
talked
about
is,
I
think,
the
block
rocket
payroll
design
here
that
would
probably
fall
under
a
governance
cost.
There.
We've
talked
about
a
dx
stats
upgrade,
I
think,
there's
not
james
ben.
D
I
do
think
we
need
a
maybe
a
full-time
person
that
is
really
doing
research
on
this
and,
like
tracking,
all
of
these
kind
of
exchange
purchases
that
we're
making
and
making
sure
we
have
the
right
amount
of
stable
coins
to
fund
workers
in
the
next
month,
but
also
in
you
know,
do
we
have
the
right
amount
of
stable
coins
as
we
move
to
like
some
stable
coins
to
exit.
So
I
think,
like
managing
all
that
we've
talked
about.
D
You
know
an
hr
person,
I
think
dx
dow
is
probably
I
don't
know
if
it's
like
an
hr's
like
worst
nightmare,
but
it
could
just
be
an
opportunity
for
for
to
build
like
a
completely
new
hr
system,
but
there's
a
lot
of
different
things.
I
think,
just
in
the
in
the
general
area
of
how
do
we
put
these
things
together?
I
think
a
biz
dev
associate.
You
know
as
we
ramp
up
the
products
we're
going
to
need
more
help
on
that.
D
D
I
also
put
designer
on
here
so
designer
we,
you
know,
I
think
geronimo
and
zed
have
done
a
really
good
job
of
you
know
a
lot
of
different
areas,
but
they
are
working
on
products
and
I
think,
when
we
think
about
content
that
we
need
we'll
need
a.
I
think,
someone
that's
focused
on
marketing
someone.
That's
like
focus
more
on
the
website,
so
thinking
about
that
there
and
then
the
governance,
product
manager
and
the
governance
security
engineer.
I
think
these
are
more
geared
towards
the.
D
I
guess
the
governance
is
a
product
build
out
and
specifically
like
on
moving
to
governance,
2.0,
which
I
think
will
require
a
whole
bunch
of
moving
parts
and
yeah
as
as
dekes
dao
kind
of
takes
more
control
over
its
governance
product.
I
think
we're
going
to
need
to
build
those
out
and
then
like
having
an
open
senior
web
3
front
end
develop
dev
like
always
got
to
be
open
to
those,
and
that's
it's
unclear.
D
So
this
does
not
include
one-off
expenditures,
but
it
includes
things
like
the
monthly
marketing
budget.
It
also
includes
you
can
see
for
swapper.
It
includes,
like
a
swapper
dev,
help
that
we
may
be
thinking
about
the
governance.
I
think
it
includes
the
tenderly
payment
and
also
governance
gas
refunds
for
biz
devon
marketing.
It
includes
the
discord
cost.
I
actually
don't
know
what
that
is,
but
I
was
guessing
it
was
around
25.
It
could
be
more
and
then
the
ecosystem
and
product
is
the
auditing
component.
D
So
I
put
the
so
try
to
project
some
of
these
out
going
forward
so
for
the
expenditures.
There
are
some
expenditures
here
that,
like
I
think,
will
happen
in
march
or
something
that
will
happen
in
april.
We
know
some
of
these,
like
the
almighty
takes
out
blog,
that's
the
cost
we
have
in
may
and
then
also
trying
to
like
project
these
out
going
forward.
So
I
think
these
are
like
positions
we'd
like
to
have-
I
don't
know
how
soon
or
how
much
we'll
get
them.
D
Maybe
it's
something
we'll
get
in
like
five
months,
so
this
was
meant
to
kind
of
like
show
the
ramp
up
period
there,
and
so
then
this
would
be
like
where
we
would
be
at
in
july,
and
so
you
could
see.
As
I
said,
a
couple
of
governance
costs
would
be
from
bringing
on
maybe
an
hr
person,
someone
to
deal
with
the
treasury
and
then
also
the
product,
stuff
and
yeah.
D
So
you
can
see
there's
actually
not
as
much
movement
in
the
products,
because
I
think
we
do
have
some
stability
in
terms
of
like
having
like
a
five.
You
know
a
five
six
person
team
and
then
having
support
across
different
areas,
and
so
those
actually
seem
pretty
pretty
stable
there
and
then
like
the
a
lot
of
the
other
increases,
are
in
terms
of
maybe
providing
support
to
those.
D
But
I
mean
it's
obviously
hard
to
project
this
out
in
the
future
in
terms
of
like
dev
help
there
and
then
just
the
so
like
what
this
means
right
in
terms
of
monthly
budget
budget
looking
forward.
So
that
would
be
1.3
million
dollars
spent
over
the
next
six
months,
and
so
that
include,
you
know
that
does
include
like
a
ramp
up
of.
Well,
that's
the
wrong
that
does
include
like
the
ramp
up
there,
where
we'd
be
hiring
more
people.
D
It
also
includes,
like
some,
some
of
the
people
like
we
brought
on
people
within
the
last
month
that
like
have
not
necessarily
like
affected
the
bottom
line,
but
you
know
in
terms
of
the
omen
team
in
terms
of
the
mesa
team
like
those
are
now
like,
starting
in
a
month,
that's
going
to
be
like
a
full
pledge
team.
So
you
can
see
that
our
in
this
order,
yeah,
you
can
see
that
our
our
costs
are
going
to
go
up.
Yeah
yeah,
so
that'd
be
1.3
and
then,
in
terms
of
like
the
dxd.
D
This
is
the
next
six
months,
763
thousand,
and
then
that
would
be
at
523.
Who
knows
what
the
that
would
be?
Probably
at
most
1500
dxd
in
terms
of
payment
out.
That's
assuming
dxd
does
not
reach
its
all-time
high
of
523
and
then
yeah.
This
is
a
little
bit
different
breakdown
in
terms
of
like
not
just
by
product
but
and
like
squad,
but
more
like
expenditures
there
right.
D
So
the
the
big
blue
one
there
is
the
full-time
workers
right,
and
so
that
would
this
is
the
whether
they're
on
products,
product
teams
or
governance
or
biz,
dev
or
marketing.
That's
there
and
then
like
dev
expenditures,
is
what
classifying
as
as
different
you
know
for
doing,
swap
or
dev
help
over
doing
the
aggregation.
If
we're
doing
even
like
the
auditing,
that's
like
the
way
that
that's
kind
of
that
cost
there
and
then
I
did
some
for
design
expenditures.
I
know
like
the
mesa.
D
Mvp
was
an
expenditure
for
birdie
and
that
is
like
classified
as
a
design.
So
yeah
you
can
see
that
we
are.
We
would
be
like
supplementing
a
bit
mostly
through
like
dev
expenditures,
and
then
I
think,
yeah
and
then
yeah,
and
then
I
guess
we
could
maybe
get
into
this
after
pulp
talks,
but
I
just
had
some
like
additional
thoughts
on
maybe
one
of
the
other
things
we'd
be
doing
with
the
treasury
elsewhere.
But
maybe
this
is
kind
of
the
place
to
end
on
here
and
and
see
what
people's.
B
Yeah,
I
think
great
great
job
chris,
like
I
think,
that's
a
great
recap
of
the
budget
and
where
I
think
we
can
take
a
few
minutes
here,
just
to
open
up
for
questions
and
discussion
around
the
budget
and
then
we'll
move
on
to
pulp
talking
about
the
dxd
buyback
and
then
we'll
come
back
to
this,
which
is
like
kind
of
the
treasury
management
and
where
you
know
some
other
allocations
from
the
treasury.
Besides
the
kind
of
payroll
budget
so
to
speak,.
E
D
Yeah
I've
got
six
thousand
dollars
every
month
and
that,
in
my
governance
I
think
it's
gonna
be
a
lot
more
than
that
this
month,
but
I
like
hope
it
won't
be
that
much
more
going
forward,
and
so
maybe
this
is
like
a
place
where
people
think
about
because,
like
we
want
to,
I
don't
like
this
is
just
talking
to
people
about
like
what
our
future
expenses
gonna
be
and,
like
we
don't
really
know,
but
I
I
think
actually
it
would
be
nice
to
like
hear
people
like.
Is
there
anything
we're
missing
here?
D
D
Yeah
I
was
thinking
that
could
come
through
like
the
marketing
component,
but
that
would
not
be
the
dhd.
So
maybe
that's
like
a
separate
thing
so,
like
I
don't,
the
omen
would
have
like
a
2500
a
month,
marketing
spend
and
they
could
maybe
use
that
on
different
bounties.
But
that
does
not.
That
would
that
does
not
include
like
a
dxd.
D
E
B
H
Yeah
at
some
point,
marketing
like
sponsoring
podcasts
and
like
things
within
the
ecosystem
that
you
see
many
many
projects
do
that
that
definitely
gets
awareness
and
attention.
So
when
the
products
are
ready
like
swapper
and
omen
and
mesa,
ideo
can
be
marketed
in
more
traditional
ways
and
that
will
that
will
take
more
marketing
spent
like
marketing
actual
marketing
spend.
But
I
know
that's
not
factored
in
because
we
don't
have
it
planned
out
yet,
but
yeah.
G
G
I
Being
keenan
has
been
doing
some
meetings
with
external
teams,
one
of
them
I'm
I'm
actually
excited
with,
and
we
might
do
a
lot
of
the
marketing
stuff
like
website
and
stuff
like
that
externally,
once
like
really
good,
and
then
we
have
someone
maintaining
that
right.
So
we
we
can
prepare
like
marketing
material
before
we
actually
start
marketing
the
stuff.
But
I
would
still
say
we:
we
need
a
like
a
really
good
marketer,
a
person
that
can
coordinate
these
stuff
and
and
book
book.
B
I
Branding
website
a
design
system
for
our
marketing
and
and
help
us
with
the
with
the
like
yeah
help
us
with
the
rest.
Maybe
they
can
like
lay
it
out
what
what
they
think
we
need
in
marketing,
wise
and-
and
we
can
see
if
we
can
yeah
fit
that
in
one
of
the
roles
we
already
have
or
if
we
need
one
more
marketing
person.
D
Yeah,
I
think
it
would
just
I
think
it
was
on
the
the
google
sheet,
but
not
on
this.
That
was,
I
don't
know
what
the
number
is
for
that,
but
that
I
thought
that
maybe
etherworks
was
a
different.
I
had
the
wrong
name,
but
I
thought
that
that
would
be
like
a
10k
spend
there,
but
maybe
the
branding
thing
is
a
bit
larger
than
that,
and
I
I
I
think,
the
thinking
about
how
the
marketing
costs
ramp
up,
I
think,
could
be
a
little
bit
more.
D
We,
I
could
put
a
little
bit
more
into
that,
rather
than
just
like
here's,
the
monthly
budget.
That's
going
to
be
there
the
whole
time
because
yeah,
I
think
it
will
change
and
I
think
it's
going
to
be
different
for
omen,
which
I
think
is
like
you
know,
maybe
ready
for
some
marketing
spend
now
versus
swapper
and
mesa
where
that
may
come
in
into
the
future,
and
then
I
think,
just
a
comment
that
was
in
the
chat
here
from
martin.
I
Yeah,
I
mean,
I
think
it's
it's
it's
worth
it
to
to
do
the
stuff
really
good,
instead
of
trying
to
find
the
team
right
candidates
and
everything
and
trying
to
recruit
them
and
on
board
them,
I
think
short
term.
At
least
we
could
do
this
externally
and
and
long
term.
We
will
have
people
in-house
that
will
do
this
kind
of
stuff,
but
we
we're
missing
landing
pages
for
every
single
product,
plus
our
main
brand
right.
I
I
B
G
D
E
We
all
know
that
the
dxd
price
right
now
is
below
book
value
when
I
say
that
I
mean
circulating,
supply
of
dxd
is
less
than
our
treasury
value.
That's
in
large
part,
because
the
price
of
eth
is
at
an
all-time
high
and
we
have
currently
last,
like
I
looked
last
night,
we're
over
40
million
at
usd.
So
we
have
you
know
our
growing
treasury,
which
of
course
could
change
any
minute,
but
right
for
the
time
being,
it's
growing
and
we
have
dxd
at
a
below
book
value
price
and
within
our
own
ecosystem.
E
We
are
currently
innovating.
We
have
a
lot
of
new
and
existing
products.
Marketing,
as
we
just
discussed,
is
going
to
be
a
huge
thing
because
we're
launching
a
lot
of
new
stuff
we're
hiring
a
lot
of
new
people
exciting
times.
So
with
that
one
of
our
newer
products
is
swapper
and
there's
been
discussion,
of
course,
in
the
forum
and
on
our
meetings
about
a
1000
dxd
liquidity
for
swapper.
E
That
was
first
discussed
through
the
buyback,
because
I
think,
as
chris
proposed
mentioned,
we
thought
it
would
be
best
not
to
use
pre-mented
dxd,
especially
considering
the
price
of
dxd
is
so
below,
where
some
have
bought
at
the
bonding
curve,
which
I
think
is
about
like
one-fifth
in
some
circumstances
and
then
there's
just
a
general
belief
because
of
the
innovation
that
we're
doing
that,
dxd
is
undervalued
and
that's
you
know.
Proof
of
that
is
the
book
value,
and
that's
you
know
something
as
we
launch
more
products.
E
We
intend
for
dxd
to
go
up
in
value,
so
one
thing
that
not
just
regular
companies
but
a
lot
of
crypto
dows,
centralized
organizations
are
doing
this
they're
doing
buybacks
and
the
first
option
that
we
kind
of
discussed
and
kind
of
was
going
through
with
I
think
chris's
post
was
that
we
could
do
a
one-time
buyback
where
we
do
a
thousand
dxd.
We
announce
it
and
we
do
which
would
be
about
approximately
200
250k
usd,
and
we
just
use
that
money
to
provide
liquidity
on
swapper
and
that's
it.
E
We
don't
do
any
further
buyback
another
option
and
this
can
really
vary
if
people
are
paying
attention
to
what
urine
is
doing.
There's
other
centralized
firms
like
nexus
that
do
buybacks
that
last
anywhere
from
six
to
12
months,
more
like
a
program
and
that
can
be
at
any
amount
that
we
set
1
million
usd
anything
like
that
and
that
money
could
even
be
used
in
a
pool
like
a
separate
fund,
and
we
can
use
that
money
for
swapper.
E
We
can
use
it
also
for
contributor
incentives
that
includes
community
incentives
to
participate
in
governance.
Things
like
that
one
possibility
to
kind
of
work
with
the
volatility
of
the
token
itself
is
a
slight
burning
option.
Some
some
dows
and
some
crypto
firms
burn
100
of
the
tokens
that
they
buy
back
to
control,
circulating
supply
and
the
idea
there
is
to
really
stabilize
the
currency
because
crypto's
a
very
volatile
ecosystem.
You
just
don't
know,
what's
going
to
happen
day
to
day
it's
one
way
to
add
confidence
into
the
circulating
supply.
E
We
could
kind
of
go
for
a
middleman
approach
and
do
75
in
treasury
25
burned.
It's
really
up
to
us.
That's
something!
I
would
definitely
want
feedback
from
the
community
on
whether
to
burn
or
just
keep
in
treasury.
If
we
were
to
go
the
ongoing
buyback
program
method
and
the
main
way
that
we
accomplish.
This
is
kind
of
what
chris
already
did,
but
we'll
do
another
thing
now
that
we're
through
with
the
basically
we've
made
a
lot
of
announcements
in
the
new
year
about
product
roadmaps
budget.
E
That
could
be
a
thousand
dxd
or
it
could
be
more
instead
of
with
any
buyback
or
any
market.
The
price
fluctuation
can
be
extensive,
either
direction.
So,
instead
of
setting
the
number
of
dxd
to
buy
back,
we
set
a
you
know
a
a
usd
price,
so
that
could
be
a
million
dollars.
It
could
be
500
000,
it's
really
just
up
to
us
to
decide
based
on
our
budgeting
needs.
E
E
I
know
we
have
a
relayer,
but
we
need
some
updates
to
it.
I
think
john
will
talk
about
that
at
some
point
about
how
that's
going
to
work.
I
know
there's
an
oracle,
that's
going
to
be
picking
taking
the
price
of
what
dxd
is
in
the
market
and
it's
just
going
to
buy
back
at
that
price.
And
what
we'll
do
is
it's
going
to
be
about
25
of
average
daily
trading
volume,
and
that's
so
that
we
attempt
not
to
manipulate
the
price
in
what's
circulating
in
the
market.
E
E
So
all
this
will
be
put
in
a
nice
statement
like
really
like
a
blog
post
like
what
we
normally
do
on
dow
talk,
but
like
basically
as
long
as
I
think
chris's
last
statement,
so
not
too
much
information
and
then
what
we
do
is
we
attach
the
transparency
statement.
Basically,
everything
chris
just
did.
Let's
see.
E
There
it
is
okay,
so,
with
the
transparency
statement
we
need
a
financial
statement,
so
yeah
budget.
We
also
want
to
do
the
past
budget,
so
just
to
show
where
we
are
at.
Of
course
everything
is
on
like
it's,
it's
on
the
ethereum
blockchain,
but
that's
somewhat
sophisticated
for
what
we
would
consider
like
a
retail
investor
to
be
able
to
understand.
So
we
want
to
make
this
as
digestible
as
possible.
E
So
someone
can,
you
know,
educate
themselves
on
what
we're
doing
yeah
so
dxd
specifics
outstanding
tokens
again
all
available
like
on
ether
scan,
but
you
you
know
we
need
to
be
more
specific
and
product
road
maps
and
descriptions
okay.
So
this
is
kind
of
a
unique
thing
that
we
can
do
maybe
like
as
an
attachment.
It's
a
page
long.
It's
a
market
risk
description.
The
idea
here
is
to
inform
there's
a
lot
of
new
whatever
you
want
to
call
them.
E
There's
a
lot
of
new
people
right
now
who
aren't
familiar
with
what
ethereum
is
what
these
tokens
are.
They're
watching
youtube
videos,
they
don't
really
know
what's
going
on,
so
they
don't
necessarily
understand
a
lot
of
the
economic
risks
of
of
ethereum.
So,
like
price
volatility,
we
could
be
up
50
in
the
next
year,
our
treasury,
or
it
could
be
down
fifty
percent
gas
costs
security
risks
hacks,
whether
or
not
we're
actually
going
to
generate
revenue.
Some
people
think
oh
they're
gonna
generate
revenue
within
six
months.
E
Maybe
that's
not
a
part
that
may
not
happen.
So
that's
kind
of
all
the
information
that
you
do
in
the
market
risk
descriptions
and
then
last
thing
is
just
like
what
I've
been
working
on
with
keenan,
which
is
an
organizational
structure.
Description,
and
one
thing
that
I
know
chris
and
I
need
to
do-
is
we
need
to
work
on
a
road
map
for
governance,
to
discuss,
dxd
guilds,
how
rep
and
dxd
dynamic
and
voting
work
summary
of
the
governance
2.0
initiative,
all
that
information
and
yeah?
E
So
with
that,
I
would
definitely
want
to
discuss
a
couple
things
that
includes
the
time
period
for
the
buyback
and
the
amount
that
we
would
like
to
purchase.
So
that
would
have
to
do
with
what
kind
of
budgeting
we
would
want
to
do
if
we
just
want
to
stick
to
the
10
000
dxd
for
swapper
or
if
we
want
to
do
something
a
little
bit
more
comprehensive.
E
H
I
I
I
like
that
pulp
one
one
additional
thing
related
to
the
numbers,
as
we've
always
kind
of
talked
about,
but
then
it
got
held
up
because
we
didn't
think
putting
dxd
at
current
price
into
swapper
made
sense.
Can
you
guys
hear
me
I'm
getting
a
weird
echo
but
250
or
500,
like
even
a
million
dollars
of
dxd,
so
that
we
could
have
multiple
dxd
like
sizable
dxd
pools
across
important
pairs?
I
think,
rather
than
just
like
just
eat,
dxd
or
just
die
dxd.
F
Yeah
so,
and
on
awesome,
mad
max
at
actually
like
a
good
point.
It
would
be
even
more
safe
if
we
put
dxd
into
swapper
first
and
then
do
the
buyback
just
to
make
like
the
more
liquidities
on
the
market.
The
the
lesser
the
chance
that
we
get
attacked
beyond
like
an
oracle
attack,
because
the
liquidity
is
not
great
on
chains
still.
D
Yeah
and
just
for
what
christopher
is
saying
in
the
chat
there,
I
think
what
makes
this
really
difficult
is
that
we
are
being
so
upfront
and
transparent
about
this
and
like
as
soon
as
you
make
one
buyback
purchase
that
will
send
a
message
to
the
rest
of
the
rest
of
the
industry
and
the
rest
of
the
market
in
terms
of
like
well.
If
this
buyback
is
coming,
it's
like
clear
everything's
been
laid
out.
E
Yeah
so
that
yeah,
that's
there's
a
couple
things
so
part
of
doing
the
maximum
amount
of
average
daily
trading
volume
like
you're
right.
There's,
there's
really
not
much.
You
can
do
about
front
running,
but
at
the
same
time,
when
you
do
limit
it,
the
idea
is
to
cut
down
you
know
not
controlling
the
market,
to
where
there's
entirely
huge
spikes
and
yeah
like
like
matt
suggested,
we
could
do
as
geronimo
said
some
sort
of
like
cut
off
for
price
yeah.
So
it's
just
a
matter
of
the
idea
for
something
like
this
depends.
E
B
D
Yeah
and
just
I
think
this
all
ties
into
what
we're
thinking
about
with
dxd
value
accrual
and
the
bonding
curve,
so
obviously
we're
in
the
process
of
shutting
of
turning
off
the
bonding
curve.
But
that
is
in
its
in
a
way
its
own
buyback
mechanism,
and
so
I
think
when
we
think
about
how
will
revenue
where
profits
flow
to
dxd.
D
I
think
that
ties
into
this
situation
a
little
bit
more
long
term,
and
I
think
we
need
to
do
a
bit
more
research
into
like
what
that
structure
is
going
forward.
And
to
me
it
feels
like
this.
The
dxd
buyback.
I
guess
in
terms
of
the
ongoing
the
options
I
feel
like,
we
should
be
focused
more
on
getting
dxd
into
swapper
liquidity
and
kind
of
giving
a
vote
of
confidence
to
dxd.
D
H
There's
still,
it
has
been
a
while,
but
there
were
a
handful
of
dxd
holders
that
were
well
a
couple
that
were
kind
of
generally
against
putting
in
dxd
from
dx
dow
treasury
into
swapper
at
current
prices.
I
we
haven't
heard
we're
now.
We
now
have
dxd
holder
interest.
That
is
is
not
saying
that
too.
So
is
that
even
still
a
scenario
like
is
it?
Are
we
still
holding
to
the
role
that
we
should
not
put
in
any
dxd
until
it's
sourced
through
a
buyback
or
could,
as
matt
max
just
said?
H
F
I
think
the
main
issue
from
the
dxd
side
was
that
the
bonding
curve
was
still
like
mintable
right
and
it
like.
If
we
make
sure
that
this
this
is
going
to
happen
in
a
few
weeks,
hopefully
that
we
like
stop
the
bonding
curve,
probably
maybe
forever.
Then
it's
up
to
the
d
star
to
decide
what
what
we
do
with
the
dxt
on
our
treasury,
but
also
like
mad
already
signaling.
F
If
we
do
the
buyback,
there's,
no
reason
why
we
why
we
can
put
liquidity
in
first,
and
I
think
we
we
need
to
like
start
slowly
but
ramping
up
the
the
like
the
activity
on
putting
stuff
into
swapper.
I
mean
we
started
with
each
die
right
now,
but
I
think
we
should
like
similar
to
the
treasury
management.
We
should
like
every
three
days
or
something
once
we
see
that
adding
removing
works.
We
should
like
slowly
start
putting
a
lot
of
the
treasure
in
like
we
there's.
B
Yeah
exactly
so
there's
I
guess
a
few
open
questions
here
that
we'll
have
to
follow
up
on,
but
I
think
this
is
a
great
structure,
pope
and
a
great
presentation.
You
know,
I
guess
the
open
questions
here.
Are
you
know
what
is
the
ongoing
guideline
like
what
you
know?
What
is
the
price
set
in
terms
of
target
that
this
would
maintain,
and
then
we
have
some
questions
as
to
like
the
tactics
around
adding
liquidity
to
swapper
and-
and
I
trust
will
come
up
with
something
good
for
that
in
the
coming
days.
E
Yeah,
exactly
basing
it
off
of
the
decentralized
exchanges
because
they're
more
reliable
yeah,
that's
the
main
reasoning,
yeah,
and
then
I
guess
my
only
the
main
thought
here
is:
it's
not
that
we
we
can
set
a
mechanism
or
we
can
set
a
max
amount
that
we
want
to
buy
back.
It's
kind
of
like
a
treasury
management
thought
process
as
well
when
it
comes
to,
and
chris
will
get
more
into
other
questions
regarding
treasury
management.
But
it's
we
do
have
a
huge
growing
treasury.
E
E
We
also
want
to
say
thank
you
to
dxd
holders
for
holding,
but
we
want
to
buy
back
up
to
a
certain
amount.
So
it
can
be
done
that
way
or
it
can
be
done
the
price
way.
It's
just
really
our
preference
and
what
we're
what
our
goals
are
here
and
if
the
main
goal
is
swapper,
then
let's
first
concentrate
on
that
and
then
we
can
apply
something
larger
later
on
or
more.
You
know
more
complex.
D
Yeah
there's
so
many
moving
parts
here,
and
so
it's
just
kind
of
hard
to
cram
them
all
into
one.
But
I
think
it's
very
helpful
to
have
just
go
through
this
and
I
think,
like
the
kind
of
transparency.
Part
of
it
is
just
like
it's
a
big
asset
because
we'll
just
kind
of
explain
what
we're
what
what
style
is
thinking.
B
There
will
be
more
info
about
that
soon,
and
I
think
there's
also
you
know
additional
considerations
that
we
have
to
look
at
on
the
technical
side
before
rolling
out
something
like
the
txt
buyback
program
like,
for
instance,
if
we're
talking,
you
know,
relatively
small
amounts
per
buy
like
if
it's
in
tens
of
thousands
we'll
have
to
like
make
sure
that
the
gas
costs
of
doing
the
alchemy
proposal
etc,
like
are
not
incurring
like
a
large
percentage
cost
there
etc.
But
I
think
this
is
coming
together
nicely.
D
D
D
D
Do
we
have
500
000
worth
of
stables
in
the
treasury
now
and
I
think
that's
that's
all
accounted
for
through
east
that's
gone
out
of
the
treasury,
so
I
don't
think
there's
I
don't
think
there
was
any
more
member
balancers
that
have
come
in
there.
So
obviously
that
number
has
grown
a
lot
and
mostly
it's
grown
because
eath
has
grown
tremendously.
D
It's
1800
there,
so
I
think,
there's
a
desire
to
put
the
treasury
to
work
but
also
diversified
in
a
little
bit
in
case
prices
are
very
fluctuating,
so
this
was
the
I
guess,
the
different
items
that
we
were
thinking
about
in
the
short
term,
with
the
treasury,
so
2.5
million
dollars
in
additional
treasury
authorization
stablecoin.
So
the
original
treasury
authorization
proposal
was
for
three
was
for
three
million.
G
D
D
The
dxd
buyback
I
put
is
you
know,
250
000
dollars
it's
hard
to
say
exactly
how
much
that
would
cost
or
what
we'll
do
just
based
on
you
know
the
things
we
figure
out
with
the
with
pulps
working
on,
but
obviously
250
000
would
be
at
1000
dxd.
That
would
be
250
prices,
and
so
we
could
see
how
that
that
could
affect
it.
D
I
think
it's
important
that
we're
funding
and
supporting
omen,
and
so
I
think
we've
had
the
omen
squad
that
has
had
about,
I
think
sixty
or
seventy
thousand
dollars
in
funding
so
far,
and
I
think
that
we
should
potentially
ramp
that
up
going
going
forward.
So
I
have
here
like
a
hundred
thousand
dollars
in
march
and
then
a
hundred
thousand
dollars,
I
would
say
250
000
in
may.
I
think
a
big
you
know
omen
is
a
product
we
want
to
support.
D
This
is
something
we've
the
sky
post
about
it
in
the
forum
last
week,
so
I
just
had
500
000
dollars,
maybe
in
the
initial
that
we
would
allocate
towards
that.
Obviously
we're
not
going
to
deploy
it
then,
but
we
would
think
about
doing
that
and
then
I
have
another
potential
one
for
swapper
layer:
two,
if
that's
something
we
consider
just
to
be
another
million
dollars
that
we
would
potentially
consider.
D
So
this
would
in
total,
be
like
6.1
million
dollars
that
would
come
out
of
the
east,
and
so
that
would
still
leave.
So
if
we
put
the
1.5
million
dollars
of
the
stable
coins
into
swapper,
and
then
we
had,
that
means
we
could
still
have
1.5
million
left
over
for
stables
in
stables
which
would
accomplish
the
six-month
budget,
and
then
we
would
still
have
30
million
eth
there
so
yeah.
This
is
just
to
get
some
ideas
on.
D
Yeah
I
mean
I
think
martin
martin
had
a
good
kind
of
point
in
in
general,
which
is
about.
Like
you
know.
Why
are
we
selling
each
to
stable
coins
rather
than
you
know,
getting
a
loan
out
of
it?
I
think
we
should
have
some
diversification
into
stable
coins
that
we
are
limiting.
The
risk
like
it
is
a
volatile
asset
asset
and
it's
gone
like
kind
of
up
a
lot,
the
last
one,
so
I
think
there's
some
reason
to
diversify
bear,
but
I
don't
think
we
want.
D
Considering
we
would
still
have
a
huge
chunk
of
eth
anyway,
because,
like
regardless,
what
we're
doing
with
spending
this
we're
gonna
have
just
a
huge
chunk
of
eath
that
we're
not
going
that
is
gonna,
be
for
long-term
investment
regardless,
and
so
the
question
is:
how
do
we
like
use
that
and
we
could
potentially
use
that
stake
out
alone?
There.
D
B
Yeah,
I
think
it
makes
sense
to
think
in
terms
of
runway,
to
just
being
a
little
bit
conservative
on
like
protecting
a
few
years,
the
five
years
of
of
runway
with
stable
coins
just
yeah
like
in
case
we
go
into,
and
you
really
don't
know
what
the
market's
going
to
do.
In
case,
we
go
into
a
bear
market
being
prepared
for
that.
B
I
think
at
the
moment
we're
still
extremely
bullish
on
eth
in
terms
of
treasury
composition
and
even
with
a
few
years
of
runway,
it
would
still
be
pretty
bullish
on
on
eve,
but
I
do
like
this
idea
of
using
loans.
Maybe
if
the
goal
is
to
provide
more
stable
liquidity
on
on
the
products
or
get
yield
somehow.
D
Yeah-
and
I
think
we
would,
if
this
you
know
the
church
authorization,
I
think,
was
three
million
dollars,
and
so
that
would
mean
we're
like
a
little
less
than
10
in
stables,
and
you
know
I
I
think
that
would
also
give
us
about
a
year
or
so
of
runway.
At
the
current
thing
we
have
there
and
I
feel
like
that
makes
that's
about
right.
I
feel
like
in
terms
of
the
both
to
having
like
the
runway,
but
also
having
staying
exposed
to
eth.
D
D
What
are
we
gonna
do,
and
does
that
mean
we
should
keep
keep
maintaining
that
like
a
little,
I
guess
it's
like
nine
percent
of
the
treasury
in
stable
coins
there
or
is
the
stable
coin,
like
diversification
purely
based
upon
like
what
the
runway
is,
and
I
think
it's
a
little
bit
of
both.
We
should
pay
attention
like
you
know,
if,
if
keeps
going
up
that,
we
should,
you
know,
be
diversifying
a
little
bit
just
to
just
yeah.
B
First,
personally,
I
would
I
would
like
to
see
us
building
towards
a
certain
number
of
years
of
runway.
I
mean,
I
think,
being
in
crypto,
it's
the
responsible
thing
to
do
with
the
project
to
prepare
for
a
multi-year
bear
market.
You
know,
I
don't
necessarily
expect
that
to
happen
shortly,
but
I
mean,
I
think,
that's
what
we
should
be
preparing.
J
J
H
No,
it
doesn't
well,
it
doesn't
matter
if,
if
you
think
the
dollar
is
going
to
devalue,
what
matters
is
your
costs
are
in
dollars,
so
until
our
costs
are
in
something
other
than
dollars,
then
that
is
the
asset
or
the
revenue
that
we
need
so
yeah.
When
people
talk
dollars
becoming
worthless,
you
still
need
the
dollars.
B
D
Yeah,
I
mean,
I
think,
the
reason
we're
holding
dollar
just
to
reiterate
the
reason
we're
rolling
dollars
is
to
like,
because
we
will
be
paying
people
in
dollars
right
and
like
diverse.
I
think
we
can
diversify
into
like
lots
of
assets,
but
I
feel
like
we
should
not
be
diversifying
into
like
fiat
crypto
that
we
don't
have
liabilities
into
like
we
should
diversify
in
other
areas.