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From YouTube: DXdao Weekly Meeting #26 [2021-01-07]
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A
C
Yes,
we
released
two
two
ens
domains
for
testing
specific
new
features
on
dx
tests.
We
released
the
first
alpha
version
of
scalar
markets,
everyone
can
test
them,
dx,
tester,
leave
and
on
dx
omen,
we
we're
actually
testing
the
xdi
deployment.
This
will
like
we
merge,
actually
extra
deployment
into
the
master
branch
of
omen
and
it
should
be
all
going
back
to
dx
test
at
some
point
in
the
coming
days.
D
Well,
I
guess
the
presidential
election
market
resolved
this
past
week,
and
so
there
was
a
lot
yeah,
not
a
long
process,
but
you
know
the
arbitration
process
kind
of
went
through
the
steps
and
clara's
jurors
kind
of
voted,
and
so
that's
a
again.
I
think
it's
a
kind
of
a
culmination
of
a
very
long
that
market
was
started
in
june.
There
was
about
1.5
million
die
traded
on
that.
I
can't
remember
the
the
8th
volume,
but
I
think
that's
a
good
accomplishment
for
for
roman.
A
Definitely
and
a
good
precedent,
I
would
say
for
the
product
that
it
didn't
resolve
to
invalid,
because
you
know
that
was
a
fear
that
you
know
if
it
were
to
resolve
invalid
that
when
it
was
a
verified
market
that
could
have
been
kind
of
a
negative
thing
for
the
the
platform
and
for
the
user
experience
so
good.
To
see
that
the
system
seems
to
to
work.
A
E
And
then
tomorrow
we
will
have
another
call
with
alex
who
is
who's
working
on
fair
sale
mechanism
from
gnosis
side,
and
we,
I
think
we
will
discuss
how
we
work
further
together
and
then
asking
by
the
chain
to
it.
Maybe
can
make
it
too,
and
we
now
have
like
an
established
weekly
call
with
on
tuesday
around
utc
minus
one.
I
think
no
yeah.
But
it's
not
like
an
open.
E
It's
just
more
like
a
product
call
and
then
today
I've
had
like
a
short
chat
with
kenan
and
my
I
think
we
will
sit
together
or
we
have
like
an
appointment
next
week.
I
will
discuss
about
how
to
do
the
rebranding
from
mesa
tx
to
to
mesa
like
of
an
audio
platform,
and
it's
just
about
to
see
how
we
can
make
this
transition
in
a
yeah
in
a
planned
way
because
yeah
we
have
like
to
discuss
this.
E
Also
with
you
and
the
community,
how
we
do
it
yeah
then
yeah,
you
know
I
yesterday
adam
has
been
in
call.
I
don't
know,
I
think
I
thought
about
it
and
I
think
maybe
the
first
task
for
him
could
be
do
this.
Try
to
do
like
this
charting
stuff,
because
it's
like
it's
like
it's
something
we
need
anyway,
and
we
can
like
start
building
right
now
anyway.
I
don't
know
he's
not
now
here,
but
I
think
he
may
be
on
the
call
on
monday
and
make
a
short
introduction.
A
Yeah,
that's
great
and
it's
great
to
see
things
coming
together.
I
think,
for
the
longest
time
you
know,
on
mesa,
we've
simply
used
the
open
source,
dex
interface
that
had
been
published
by
gnosis,
without
really
doing
our
own
developments
as
dx
tao,
and
so
it's
great
to
see
this
team
coming
together
and
pushing
this
vision
forward
around
like
a
new
ideo
platform
and
yes
to.
C
E
Yeah,
it's
it's
important
because
then
you
can
really
discuss
on
the
on
the
yeah.
It
shows
that
yeah
it
showed
me
some
some
things,
because
in
a
way,
if,
if
the
sale
algorithm
is
very
very
easy
and
and
straightforward,
then
it's
also
easy
to
make
an
interface.
But
if
you
start
like
to
add
different
stuff
to
make
it
more
sophisticated
and
also
the
front
has
to
be
more
sophisticated
and
in
a
way
for
users,
it's
much
more
complicated
to
understand.
E
What's
going
on,
and
I
think
one
goal
is
to
make
it
the
most
the
most
simple
interface
you
can
like
make.
But
it's
like
a
trade-off
between
complicated
interface
and
a
working
same
mechanism
to
make
yeah.
That's
just
it's
kind
of
trade-off,
but
you
find
out
some
solution
and
what
we
find
out.
That's
that's.
I
think
it's
quite
independent.
E
The
input
from
sky
doing
like
use
the
fair
cell
mechanism
as
a
as
a
like
kind
of
otc
trade
and
in
a
way
it's
it's
funny,
because
you
know
mesa
dex
was
like
the
idea
to
be
a
dex
non-chain
decks
and
he
didn't
find
like
product
mark
fit
or
more.
It
found
product
material
in
the
audio
space,
but
now,
if,
like
the
first
algorithm
who
is
like
a
dutch
xr
agreement
in
a
way,
it
also
would
fit
to
say
to
sell
like
big
big
tokens.
E
A
C
Know
actually?
Yes,
yes,
sorry,
sorry,
it's
actually
like
a
it's
a
really
great
thing
for
us.
I
don't
expect
that
we
will
have
like
tons
of
ideas
constantly
in
the
first
two
two
three
months
and
with
that
we
could
basically
fill
up
the
gaps
between
like
having
idols
and
and
in
in
between.
We
could
actually
do
like
treasure
treasury
management.
E
C
I
think
we
can
also
protocol
even
they
they
sold
like
a
bunch
of
tokens
to
like
yeah
advertisement.
Basically-
and
this
is
something
and
it's
it's
nice
for
us,
because
the
end
results
for
us
are
the
same.
We
are
like
making
treasury
management
and
dog
putting
ourselves
with
our
own
products,
which
is
awesome.
E
A
Many
things
too
totally
yeah
and,
as
you
mentioned
mesa,
you
know
it
was
really
a
front
end
for
a
dex
with
the
you
know,
the
intendedness
for
global
decks
and
it
kind
of
accidentally
found
a
product
market
fit
with
ido's.
But
you
know
with
that.
I
think
there
were
a
whole
host
of
different
kind
of
surprise
problems
that
people
had
along
the
way.
G
A
A
We
can
talk
a
little
bit
about
the
multi-call
installation,
which
I
think
we've
had
a
couple
of
snags
and
it
was
kind
of
hoping
to
get
that
all
prepared
this
week,
we've
had
a
couple
of
snacks,
but
it
should
be
about
ready
and
what
this
is
gonna.
Allow
is
actually
connections
to
a
few
things
that
the
dx
now
controls
so
a
big
one
being
the
bonding
curve.
A
So
it
will
allow
the
extent
to
control
the
parameters
that
can
be
updated
on
the
bonding
curve,
and
this
will
include
like
adding
the
ability
for
dx
data
to
pause,
minting
effectively
and
then
a
couple.
There
will
also
be
connections
to
existing
ones
that
are
currently
spread
across
a
few
different
schemes
related
to
ems
so
and
that's
nice,
and
that
it
consolidates
the
schemes
into
the
one
multi-color
scheme
and
then
the
two
other
big
new
things
are
these
two
relayers
that
nico
built
one
being
the
gnosis
protocol?
A
A
The
current
plan
is
to
do
that
with
gnosis
protocol
v1,
do
things
like
trade
into
stable
coins
to
secure
some
runway
and
then
the
other
relayer
is
a
swapper
liquidity
relayer,
and
that's
going
to
allow
dx
now
to
deposit
liquidity
from
the
treasury
into
swapper,
so
kind
of
a
one-two
punch
here
trades
can
be
made
from
the
treasury
into
stable
coins
and
other
assets.
If
geeksdown
decides
to
diversify
and
then
they
can
also
be
deposited
into
swapper.
So
super
excited
about
that.
A
H
Yeah
we
get
the
last
last
steps,
so
we
currently
prepared
the
proposal
and
we
try
to
put
everything
together.
So
everybody
uses
more
technical
entity.
Details
can
verify
all
of
the
stuff
that
that's
happening,
as
should
mention
it's
a
lot
of
contracts.
That
will
be
get
an
insult
in
the
background
and
I
think
we
are
good
to
create
a
proposal
later
today.
I
G
H
Yes,
they
are
actually
already
deployed
at
least
the
gnosis
protocol
between
it's
already
applied
on
next
side.
The
only
missing
piece
for
deploying
the
swapper
liquidity
layer
on
excite
is
that
we
actually
have
a
softer
version
on
excited
to
actually
interact
with
it,
but
knows
this
protocol
redirect
is
already.
A
Exactly
and
I
think
that's
something
I
think
the
thought
here
was
that
this
verification
and
testing
on
xdi
can
basically
happen
in
parallel
with
the
call
proposal
it
may
not
because
unless
it
achieves
absolute
majority
the
the
time
the
boosting
time
is
like
two
weeks
for
the
multicult
proposal.
So
you
know,
I
think
what
we
should
be
shooting
for
here
is
verification.
A
A
J
On
my
side
on
the
the
expo,
tab
that
was
already
deployed
on
rinkeby
is
barely
working
and
the
plan
is
to
have
a
call.
We
said
to
start
thinking
about
future
designs
of
that
make
it
more
usable.
We
have
a
to-do
list
for
the
version
1.0
yeah
excited
about
that,
because
everything
is,
is
it's
working?
It's
kind
of
working
and
well
thanks
skye,
he
has
been
testing
it
for
the
past
weeks
and
everything
right
now.
J
A
That's
great-
and
I
just
remembered
as
well
that
the
erc20
guild
should
be
going
to
be
audited
right
after
the
staking
contract,
so
probably
in
about
starting
in
about
a
week,
and
I
think
that
will
probably
take
something
like
eight
days
so
so
by
the
end
of
the
month.
Hopefully,
we'll
we'll
have
audited
erc20
guild
contracts
as
as
well,
and
I
don't
know
where
we
are
yeah.
I
guess
we
have
to
do
some
coordination
around
the
design
and
the
front
end
for
that
for
tx
trust.
J
J
A
Definitely
yeah,
oh
always
good,
that
we're
improving
the
development
process
there
and
and
yes,
we'll
follow
up
on
the
design,
soon
cool.
I
guess
the
only
other
thing
I
can
think
of
on
product.
Anybody
else
feel
free
to
jump
in,
but
we
have
been
talking
a
bit
about
layer
two
and
so
that's
something
that
is
currently
being
explored.
You
know
there
has
already
been
the
dow
deployment
and
mesa
deployments
on
to
xdi
and
omen
is
lined
up
soon.
A
F
A
Obviously,
we
are
pretty
close
with
loop
ring
and
we're
also,
you
know
talking
now
with
off
chain
labs
which
works
on
arbitrary,
which
is
an
optimistic
roll-up
solution
and
have
also
touched
base
with
optimism,
which
is
you
know,
they're
also
an
optimist,
optimistic
follow-up
solution.
So
those
guys
are
both.
You
know
launching
our
already
launched
test
nets
and
are
talking
about
doing
deployments
this
year.
So
this
is
just
that
kind
of
something
we're
digging
into
now
to
prepare
and
position
ourselves
for.
D
Yeah
and
just
a
plug,
I
have
a
bit
more
discussion
on
this
during
the
product
strategy
called
tomorrow,
but
I
do
think
this
is
layer.
Two
is
a
huge
secular
trend
that
the
space
is
going
through,
obviously
kind
of
spurred
on
by
really
the
high
gas
prices
and
of
the
last
month
or
so.
But
I
think
it's
something
that
you
know
geeksdale
has
been
thinking
about
and
experimenting
with
for
a
long
time.
D
So
I
think
we're
in
a
good
position
here,
not
only
because
the
experience
of
loopering
and
building
out
rails
and
understanding
a
little
bit
about
that,
but
everything
we've
been
doing
with
xdi
has
really,
I
think
you
know,
has
kind
of
prepared
us
for
understanding
how,
like
we
can
interact
with
the
layer
two
world.
So
I
think
we're
in
a
strong
position
to
to
develop
and
kind
of
implement
a
strategy
for
the
layer,
two
landscape,
as
it's
kind
of
coming
coming
to
fruition
now
and
yeah.
D
I
think
it
could
be
a
really
a
big
opportunity
for
geek
style
and
really
for
the
products
right,
because
I
think
they
think
of
all
the
theater.
You
know
all
the
the
growth
in
in
d5
in
2020
and
you
know
2021.
I
assume
we'll
have
additional
growth,
but
I
think
it's
it's
already
a
crowded
space
on
ethereum
in
terms
of
competitors
and
different
products
going
after
that,
and
I
think
the
l2
landscape
could
be
a
real
opportunity
for
geek
style
products
to
distinguish
themselves.
D
Yeah,
I
did
so.
I
just
actually
posted
the
the
notes
from
yeah
there.
It
is
so
I
think
there
was
the
agenda
there.
What
was
the
the
first
half
of
it
was,
I
guess,
venky
and
nylon
kind
of
talked
a
little
bit
about
some
okrs,
which
they're
really
interesting
idea
that
we've
been
we've
been
talking
about
a
lot
about
how
to
provide
some
structure
on
products
and
business,
and
and
that
so
I
think
that
should
be
exciting.
A
B
Yeah
yeah
and
we
venky
and
elon
are
leading
but
they've
shared
the
mural
for
okr
like
drafts,
basically,
and
so
individuals
like
squads
and
things
can
start
to
outline
their
goals
and
then
the
key
objectives
below
those
goals
for
the
different
squads
and
verticals
across
the
ex
dao.
And
then
the
idea
is
to
have
a
working
group
come
together
and
really
like
outline
and
define
what
those
what
that
okay
or
roadmap
looks
like.
B
And
then
the
plan
would
be
to
like
revisit
like
work
on
that
and
then
revisit
that
on
an
ongoing
and
quarterly
basis
where
you
adjust
that.
So
I
I've
added
some
around
omen,
there's
like
the
overall
goals
and
so
that
that
draft
of
that
mural,
I
think
it's
shared
in
the
in
the
biz
dev
key
base
and
anyone
can
can
start
to
add
their
own
objectives
to
it
and
then
we'll
narrow
it
down
as
a
community.
I
think
which
is
cool.
I
So,
just
thanks
guy,
I
guess
thanks
everyone,
so
venky
and
I
have
been
working
on
this.
What
we
will
likely
do
is
have
kind
of
like
a
sort
of
top-down
version
of
21
goals
for
dxdow
and
then
a
bottom-up
version
which
is
like
how
does
omen,
create
basically
goals
and
apis
that
are
essentially
a
subset
of
the
egg
style,
the
dicks,
dow
gold.
So
we'll
start
with
that-
and
hopefully
we
can
revisit
this
in
like
in
the
end
of
the
quarter,
and
then
you
know
iterate
on
that.
As.
B
A
Awesome
yeah
thanks
guys
anything
else
on
the
business
call
so
difficult.
I
think
we
covered
most
of
the
product
stuff
already,
I
think,
beyond
the
price
of
recovered
we
did
address.
You
know
this
with
the
rise
in
east
price
and
also
the
increase
in
the
gray
amounts
needed
for
transactions.
You
know
it's
caused
a
fair
amount
of
costs
for
proposals,
and
so
even
just
for,
like
routine
worker
proposals,
you
know
we're
looking
at
hundreds
of
dollars
for
people
to
basically
collect
their
their
paycheck.
A
A
This
investing
contract
and
the
general
payroll
system,
and
then
the
worker
would
be
able
to
go
there
to
collect,
collect
their
payments
and
they
wouldn't
have
to
worry
about
making
three
proposals
to
dxnow
and
boosting
them
et
cetera
per
worker
period,
and
they
wouldn't
have
to
worry
about
deploying
a
new
vesting
contract
every
time
which
that
alone
has
gotten
fairly
expensive.
Now
I
think
we're
looking
north
of
100
to
deploy
that
on
ethereum
these
days,
so
yeah
just
anything
else
on
the
the
dev
called
it,
I'm
forgetting.
A
H
Yeah
sure
so
bachmann
from
tenderly
came
on.
Your
call,
like
the
background
behind
it,
is
that
we
are
already
using
tenderly
for
some
of
the
dd
external
security
efforts
to
try
to
understand
proposals
that
are
happening
on
alchemy.
So
it's
basically
already
integrated
in
the
key
base.
Part
which
is
the
security
channel
on
key
base,
and
we
are
using
it
on
courtesy.
A
D
Yeah
just
to
transition
off
of
that,
so
I
mean,
I
think,
there's
a
lot
of
interest
from
tenderly
and
kind
of
trying
to
pay
that.
But
there
is
some
some
logistics,
we're
gonna
have
to
figure
out
of
how
to
transact
with
them.
So
talk
to
a
little
bit
about
that,
and
then
you
actually
had
a
pretty
pre-packed
call
started
like
most
of
the
other
calls.
This
week
seems
to
talk
about
rising
gas
prices
and
how
they're
affecting
different
things
and
related
to
governance.
D
This
relates
to
the
subsidy
gas
subsidy
that
we
use
for
voting
to
re,
to
compensate
voters
and
proposal
creating
proposals.
So
the
discussion
kind
of
landed
on,
I
think,
there's
the
short
immediate
term,
the
medium,
the
medium
term
in
the
long
term
right
so
the
the
short
term
is,
is-
is
raising
the
gas
subsidy
from
75
percent
to
90
percent,
just
to
cover
some
of
the
cost-
and
this
is
you
know
it
does
cost
geek
style
money
right.
This
is
this:
is
funds
coming
from
the
treasury?
D
But
you
know
it's
really
such
an
existential
threat
in
terms
of
our
ability
to
transact.
You
know
past
proposals
and
really
operate
in
governance
and
then
in
the
medium
term.
Thinking
about,
I
think,
as
john
mentioned.
Maybe
there
are
some
more
efficient
ways
to
actually
distribute
funds
themselves,
and
so
this,
maybe
through
the
multi-sig
or
through
squads
that
we're
talking
about
and
then
the
long-term
plan
that
augusto
is
working
on
is
really
how
do
we
make
gas
costs
almost
zero
for
people
to
vote,
and
so
that
revol
involves
some
type
of
rollup
component.
D
So
hopefully
those
will
will
kind
of
give
us
some
relief
on
that
talked
a
bit
about
the
multi-call
scheme,
and
so
one
of
the
parameters
for
the
multi-call
scheme
is
this
quiet
ending
quite
vote
ending
period,
which
basically
says
within
the
last.
I
think
two
days,
if
a
vote
switches
from
no
to
yes
or
yes
to
no,
that
extends
the
extends.
The
vote
by,
I
think
48
hours,
good
discussions.
D
I
check
out
the
video,
but
consensus
seemed
to
be
that
we
wanted
to
keep
this
going
forward
the
worker
and
then
we
pope
had
been
working
on
a
contributor
guidelines
that
kind
of
that
she
presented
again
and
then
for
that.
I
think
that
the
one
we're
really
focusing
on
now
that
we
have
a
nice
guide
for
now
is
the
like,
onboarding
or,
I
think
was
called
the
proposed
worker
proposal
guide
right.
D
So
this
is,
if
you're
a
new
worker,
how
do
you
go
through
the
process
of
like
onboarding
and
sending
your
first
proposal?
I
know
lots
of
people
like
creating
a
proposal
is
actually
pretty
anxiety,
inducing
act
and
we're
still
trying
to
standardize
this.
But
you
know
starting
we're,
we're,
I
think,
forming
consensus
around
having
a
two-week
trial
period
where
there
is
a
squad
guide
or
squad
leader
that
is
guiding
someone
through
that
process.
D
So
in
the
process
of
standardizing
that
but
they're
we're
linking
there's
a
link
to
the
the
draft
that
pope's
been
working
on
in
the
notes
and
then
I
think
that
was
it
and
then
just
a
flag
to
post
that
were,
I
guess
in
the
pre-discussion
phase,
or
maybe
just
figure
thinking
about
now,
but
with
the
implementation
of
multi-call
scheme.
That
obviously
extends
the
possibilities
and
capabilities
of
dx
dow
on
chain.
So
there's
two
threads
that
I
think
are
relevant
to
that.
D
One
is
treasury
thoughts
and
looking
at
treasury
diversification
and
then
the
second
is
a
dxd
buyback
using
east
from
the
treasury
to
seed
swapper
liquidity
tools.
And
so
I
think
those
are
both
important
discussions
that
we
need
to
have
now,
as
we
figure
out
what
exactly
how
to
implement
and
what
to
do
on
those.
A
K
K
So,
just
to
kind
of
a
bit
quickly
run
down
some
of
the
you
know,
general
concerns
large
companies
have
doing
a
buyback
and
based
on
our
treasury
size.
We
have
to
consider
ourselves
in
that
scope.
As
a
dow,
though
we're
not
like
a
legal
entity,
there
are
elements
elements
to
what
we're
doing
that
we
should
look
at
and
how
we
can
kind
of
handle
them.
K
K
K
K
That
could
be
anything
from
even
like
a
eventual
token
token
issuance
for
omen.
I
think
that
would
be
something
we
could
do.
That
would
definitely
make
things
as
transparent
as
possible.
Let's
see,
the
other
thing
that
we
can
consider
is
also
a
policy
for
our
employees.
Regarding
blackout,
dates
for
purchasing
of
dxd
and
sale
on
sales,
usually
that's
two
days
after
an
announcement
of
a
buyback,
that's
usual
industry
standard,
that's
something
we
can
or
can't
do,
but
it's
it
could
be
something
good
for.
K
K
K
Let's
see
the
fun
part
is
we
can
basically
do
all
this
now
to
kind
of
basically
get
ready
for
any
type
of
buyback
that
we
do
and
then
work
with
how
we
actually
do
the
buyback
main
thing
is:
there's
all
these
conditions
about
timing,
price
and
the
volume
per
day
of
purchase
that
we
purchase
back
each
day
and
there's
kind
of
specifics
surrounding
that
as
well.
They're
not
crazy
or
anything
like
that,
but
the
sec
considers
anything
that
the
company
can
do
to
not
manipulate
the
price.
K
D
Yeah,
I
completely
go.
That's
really
great,
just
one
thing
on
that
last
point:
there's
also
like
the
technical
or
like
the
proposal
side
of
this,
because
you
know
proposals
take
eight
days
to
pass
and
so
for
picking
a
price.
How
do
we
select
the
right?
You
know
price
or
how
do
we
reference
those,
and
so
this
goes
into
the
the
relayer
that
that
nico
has
been
building
but
yeah.
K
Yeah,
the
idea
is
mostly
like
whether
or
not
this
is
something
that
you
all
would
consider
doing
as
as
as
a
dow
going
forward
with
the
buy-back.
This
is
what
a
company
with
a
registered
security
has
to
do,
and
so
it's
just
a
matter
of
I
don't
think
it's
a
huge
overhead
for
us
and
I
think
it
does
set
a
good
example
for
transparency,
and
I
don't
think
we
have
really
any
major
issues
to
do
some
of
this
stuff.
What
I
can
do
is
like
I
was
I've
just
been
doing.
K
Basic
research
on,
what's
usually
required
for
this
kind
of
thing,
and
I
think
it
would
be
enough
for
us
just
to
do
a
basic.
Just
you
know,
post
on
on
dow
talk
about
the
ongoings
of
the
dow,
how
much
we
intend
to
purchase
how
much
we'll
purchase
each
day
and
what
what
kind
of
guidelines
we're
following,
and
I
could
write
all
that
up
and
we
can
kind
of
get
feedback
on.
You
know
what
level
of
transparency
or
compliance
we
want
to
go
forward
with.
B
That's
a
trick!
That's
a
standard
rule
that
comes
from
the
traditional
finance
system
and
it
is
possible
in
that
system
in
this
new
system.
If
that's
impossible,
it's
almost
better
to
like
write
in
our
in
our
write-up
that
that
is.
We
acknowledge
that
that
would
be
good
to
do.
It
is
impossible.
So
that
is
the
reason,
we're
not
putting
that
or
something
but
just
being
super
transparent,
but
not
squeezing.
What
a
dow
and
new
age
thing
is
into
the
old
rules,
if
possible,.
K
Yeah,
when
I,
when
I
was
referring
to
so
usually
when
I'm
referring
to
like
okay
general,
like
a
general
blackout,
sure
even
with
the
employee
blackout,
it's
just
within
their
internal
rules,
it's
just
a
recommendation
to
employees
not
to
engage
in
any
sale
or
trade
of
the
the
stock
during
a
two-day
period.
The
idea
is,
then,
to
take
the
liability
off
of
the
employer
in
their
buy-back.
So
it's
like
you
can
do
what
you
want.
K
A
Yeah,
I
think
these
are
all
excellent
points
and
even
though
we
may
be
in
a
bit
of
uncharted
territory
as
like
an
internet
native
kind
of
organization,
without
a
specific
jurisdiction,
I
think
it
makes
total
sense
to
kind
of
borrow
some
of
these
best
practices
from
obviously
the
very
mature
industry
and
regulation
environment.
That
in
the
us-
and
I
really
appreciate
the
the
expertise
that
you're
bringing
here
on
this.
K
Thank
you.
We
talk
about
it
and
then,
if
something
doesn't
make
sense,
and
especially
from
the
tech
side,
we
we
say
hey
that
obviously
like,
for
example,
one
of
the
rules
are-
and
I
didn't
mention
it
is-
you
need
to
have
one
single
broker
a
day.
Okay,
obviously
we're
not
using
an
authorized
broker
to
buy
back.
You
know
to
purchase
our
stock,
so
they
also
have
timing
rig.
You
know
specifications
we
don't
have
a
a
time
of
day
for
the
stock.
You
know
kryptos
traded
24
hours
a
day,
so
there's
just
so
many
things.
K
B
B
B
B
D
Yeah,
I
actually
didn't
ask
about
this.
How
much
like,
if
we
sent
eth
to
the
reserve
like
that,
could
potentially
like,
I
guess,
raise
the
sell
price
in
the
curb
and
I'd
like.
I
just
wonder
how
much
I
know
there's
2
500
eth
there,
so
I
guess
that
would
it
would
take
a
lot
of
youth
to
raise
raise
the
price
of
the
sell
curve,
but
yeah
I
mean
I
guess
that's
another
way
that.
K
Well,
like
the
way
I
was
looking
at
it:
okay,
so
there's:
okay,
there's
this
safe,
harbor
harbor
provision
that
the
sec
puts
out.
That
basically
says
we
kind
of
assume.
If
you're,
you
don't
have
to
follow
these
criteria.
But
if
you
follow
these
criteria,
you're,
basically
nodding.
We
assume
you're
not
engaging
in
price
manipulation,
it's
just
a
way
to
say:
hey
best
practices,
you
don't
have
to
follow
them
because
it
you
know
not
every
shoe
fits
every
every
person,
but
take
a
look
at
it.
K
So
one
thing
that
they
talk
about
is
look
at
the
past,
for
example,
volume
trade
volume
per
day
past
four
weeks
of
average
trade
trade
volume
on
the
pr
on
your
principal
market.
They
have
a
definition
for
principal
market.
We
you
know
we
can
tender
these
rules
to
work
within
our
interesting,
unique
parameters.
You
know
and
principal
market
would
have
to
do
with
what
market
do
you
have
the
highest
amount
of
dxd
trading
volume
on
per
day?
So
who
knows
what
that
is?
K
Maybe
it's
uniswap,
I'm
not
sure,
but
then
we
look
at
what
the
average
daily
trade
volume
is
and
they
said
you
can
do
25
basically
of
the
trade
volume
per
day,
and
you
could
you
know
through
a
smart.
I
was
thinking,
maybe
I'm
wrong,
but
through
a
smart
contract
you
can.
You
know,
use
that
number
to
kind
of
put
that
amount
of
eth
based
off
of
the
most
recent
market
price
through
the
contract
and
that's
how
much
you're
trading
for
that
day.
That's
you
know
one
way
to
do
it.
K
D
But
I
I
think
just
this
is
also
something
where
this
is
not
unfortunate
or
fortunately,
like
geek
style
will
like
move
slow
in
this,
because
it
needs
to
like
figure
these
things
out,
because
we
want
to
be
transparent.
We
want
to
make
sure
we're
not
manipulating,
but
then
like
once
we
figure
this
out.
It
is.
It
sets
a
standard
and
it
kind
of
just
opens
up
the
the
possibilities
and
capabilities
and-
and
I
think
also
sets
an
example
to
others
in
this
space.
D
K
It's
a
huge
information
job,
but
I
know
I'm
talking
about
it.
It's
like
a
lot
of
specifics,
so
I
feel
like
the
best
way
to
do
it
is
just
to
like
I
could
write
something
up,
but
I
just
figured
you
know.
We
should
start
thinking
about
this
if
the
buyback
is
happening
and
how
we
can
maybe
at
least
I
think,
as
a
general
proposal
at
least
think
about
any
you
know
start
thinking
about
big
material
things
that
are
going
on
with
the
dow
that
we
want
to
put
in
a
post
to
say,
hey
everybody.
K
L
D
At
like
what
are
the
best
practices
to
prevent
price
manipulation
and
what
are
the
best
practices
to
like
divulge
like
be
transparent,
about
like
the
actions
that
we're
taking,
and
I
think,
as
john
said,
you're
kind
of
like
looking
at
what
other
systems
have
like
kind
of
maybe
provided
some
best
practices.
And
what
can
we
learn
from
those?
Not
so
much
that
we're
like
you
know
abiding
by
those,
but
it's
more
of
like
there's
a
model
for
how
to
to
go
about
this,
and
so
I
think
we
can
learn
from
that.
D
K
B
That's
the
goal
we
know
I
so
I
believe
gnosis
has
done
some
buybacks
right,
but
do
we
know
some
crypto
ecosystem
projects
that
have
done
this
and
what
practices
they've
used,
because
that
would
be
more
interesting
like
or
that
would
be
also
interesting
in
addition
to
like
the
traditional
financial
market,
but
I'm
not
that
aware
of
any.
We
could
try
to
find
out
from
the
community
if
there
are
others.
I
think
there
are
some,
but
not
I'm
not
aware
of
them.
M
L
C
E
E
E
B
To
seize
maker,
inherently
buys
back
mkr,
so
in
the
crypto
space
there
are
systems
that
are
built
to
buy
back
tokens
right
and
actually
the
bonding
curve,
which
is
the
dxd
token
that
that
system
is
meant
to
buy
back
dxd.
So
the
question
is:
is:
is
that
buyback
mechanism
dx
dow
the
entity?
That's
doing
it
or
is
it
the
actual
token?
That's
doing
it
to
itself
or
is
it
the
bonding
curve?
And
then
how
does
that
relate
to
dxdow?
B
Who
happens
to
be
a
holder
of
some
dxd
buying?
Some
dxd
like
the
issuer,
is
actually
the
bonding
curve.
Dxd
the
dx
dow
just
holds
dxd
just
like
other
dxc
holders,
so
actually
the
curve,
the
code
and
this
why
this
is
like
the
fincen
last
couple
weeks.
The
code
is
what's
doing
everything
I
I
wouldn't
even
say
dx
dow,
is
the
issuer
of
dxd.
K
I
think
that's
a
really
interesting
perspective
and
could
be
looked
at
more,
but
I
think
with
us
deciding
to
put
a
proposal
through
alchemy
to
buy
back
dxd.
This
is
a
separate
fact
pattern
than
the
initial
issuance
and
yeah.
I
think
I
think
that
that
the
d5
everything
about
putting
up
a
smart
contract
smart
contract
onto
ethereum
is
makes
it
a
whole
different
question
of
like
what
what's
considered
like.
Is
it
the
code
or
is
it
like
individuals?
B
That's
a
good
point
like
what,
if
a
big
crypto
fund
put
out
into
the
market,
that
they
wanted
to
acquire,
10
000
dxd
like
well,
they
might
not
do
it
publicly,
but
they
might
like
any
any
player
in
the
space
could
could
like
say
I
I
want
I'm
willing
to
buy
dxd
from
anyone.
That's
want
to
sell
it
at
this
price
or
something
like
is
they
would
that
would
be
I'm
saying
that
that
would
be
similar
to
what
dx
dao
is
doing
it's
just
like
it's.
Not
it's
not
our
own
token.