►
From YouTube: MakerDAO Community Meeting - May 7th, 2019: Chris Eley Demos Whisp.money Dai Payroll Solution
Description
Maker is a Decentralized Autonomous Organization(DAO) that manages the Dai Credit System on the Ethereum blockchain.
This video is a weekly community call that covers all Technical Milestones, Online Events, Notables, Partnerships, New Hires, Highlights from the Community, Real-Life Events, and more. Every now and then we even have a guest.
This weeks guest was Chris Eley(@CallmeEley), Co-Founder of Whisp.Money. Eley ran us through a demo of Whisp.money, which is a No hassle globalized payroll platform that uses Dai!
If you're curious to learn more about MakerDAO explore some of the resources below:
Awesome-MakerDAO Resource Repository: https://github.com/makerdao/awesome-makerdao/blob/master/README.md
CDP Portal: https://cdp.makerdao.com/
Website: https://makerdao.com
Twitter: https://twitter.com/makerdao
Reddit: https://www.reddit.com/r/MakerDAO/
Chat: https://chat.makerdao.com/home
A
Hi
everybody
welcome
to
the
what
is
a
may
7th
maker
dog
community
call.
As
many
of
you
know,
these
calls
we
like
to
go
over
what's
been
going
on
in
the
maker
dog
universe
over
the
last
week,
and
we
typically
go
over
some
of
the
real
life
events
that
we're
gonna
be
attending.
People
from
the
foundation
will
be
attending
and
participating
in.
We
go
over
like
technical
milestones,
things
that
have
happened
in
governance,
new
partnerships,
new
hires,
podcasts,
videos,
articles
the
whole
nine
yards.
We
also
do
a
section
for
highlighting
things
from
the
community.
A
As
many
of
you
know,
we
have
a
thriving
and
awesome
community.
That's
always
pumping
out
like
developer
creations
and
articles
and,
like
analysis,
pieces
really
great
threads
on
our
subreddits,
and
this
is
a
place
where
we
like
to
highlight
those
and
kind
of
get
people
to
see
what's
been
going
on
in
the
space.
A
If
you
don't
have
a
lot
of
time
so,
like
constantly
browse
reddit
like
we
do
so,
you
know
welcome
to
the
call
my
name
is
David
I'm
I'm,
the
core
community
lead
here,
and
this
call
is
also
a
great
place
to
have
guests
and
to
kind
of
show
the
community
things
that
are.
You
know,
projects
that
are
working
in
the
maker
now
ecosystem
and
then
the
sort
of
the
centralized
finance
ecosystem
in
general
and
today,
for
the
first
part
of
the
call
I
have
a
special
guest,
Eli
or
Ely
Christopher
who's
with
whisper
money.
A
And
if
some
of
you
guys
were
on
reddit
over
the
past
two
weeks,
you
might
have
seen
that
whispered
money
announced
that
their
payroll
solution
uses
dye
and
I
invited
you
to
come
demo
it
for
us
for
both
the
employers,
side
and
the
employees
side.
So
Ely
you
want
to
come
on
and
introduce
yourself
a
bit
more.
B
Awesome,
thank
you
David,
so
yeah,
my
name's
Cris
Ealy
I
go
by
Ely,
my
last
name
I
and
one
of
the
founders
of
whist,
and
we
started
probably
a
little
over
two
and
a
half
months
ago,
maybe
three
months
ago,
with
the
idea
of
doing
something
for
payroll
still
doing
with
stable
coins
and
the
dawn
of
them.
We
love
died,
so
we
started
making
died
and
it's
been
a
little
road.
B
B
I'm,
actually,
at
the
end
of
it
once
I
make
the
payment
to
you.
I'm
gonna,
give
you
the
screen
back
and
you
can
pop
yourself
and
I'm.
Gonna
walk
you
through
everything
that
your
side,
nice,
awesome,
so
I
skipped
the
login
page,
because
everyone
was
gonna,
make
a
login.
I,
think
you
guys
are
smart
people,
but
this
is
the
dashboard
that
you
receive
when
you
like
log
in
you.
Have
your
payments
as
well
as
your
workers,
you
see
David's
already
logged
in
here.
B
I
have
my
own
account
for
another
worker
account
that
I
set
up
for
this
demo.
It's
already
connected
to
my
meta
mask,
but
if
you
logged
in
for
the
first
time
it
wants
you
to
log
in
and
connect
to,
you
met,
amassed
a
mess,
pops
up
cool,
we
have.
We
have
die
and
data
in
here
already
and
so
at
that
point,
I
can
show
you
how
you
add
a
worker.
So
if
David
wasn't
as.
B
So
streamer
dot
IO
is
the
people
that
created
the
data
token
we're
working
with
them
to
help
pay
their
brand
ambassadors
as
well
as
couple
their
employees
and
their
data
token.
They
think
it's
50
or
so
employees
and
they
were
gonna,
do
everything
manually
and
we're
helping
them
automate
all
of
their
processes.
So
that's
pretty
sweet
yeah.
It's
really
really
cool
the
pilot
program.
Probably
gonna
start
in
the
next
few
weeks
we're
just
trying
to
finalize
how
they
want
to
do
everything
from
an
infrastructure
perspective
on
their
part,
but
yeah.
It's
really
really
cool.
B
But
if
I
wanted
to
add
someone,
if
I
had
all
these
50
employees
I
would
just
go
add
the
email,
I'm
gonna
use
a
dummy
email.
I
have
my
sends
link
to
your
email.
You
got
to
see
the
pending
invitation
over
here
and
at
that
point,
if
I'd
logged
in
my
email,
I'd
have
a
link
that
I
can
click
on
set
up
my
name
and
then
also
my
aetherium
address
and
then
everything's
good
to
go,
and
that
happens
like
once.
You've
done
that
in
real
time
it
will
switch
over
to
saying
Chris.
B
B
Awesome,
the
real
time
happens
there.
At
that
point,
you
can
click
on
the
actual
on
your
screen
and
we
can
show
it
to
them.
Everyone
else
that
you
can
click
on
there,
it'll
pop
up
either
scan
show
you
what's
going
on
with
the
transaction,
all
the
metadata.
Every
ball
involved
in
that,
if
I
get
back
hold
that
back
up
and
then
we
can
export
it
to
a
CSV.
Also,
this
is
kind
of
the
the
huge
help
for
a
lot
of
the
accounting
and
finance
teams.
B
It's
really
simple,
but
they
just
don't
have
the
ways
to
automate
it
or
they
had
these
multiple
spreadsheets
that
are
going
on
for
everything,
and
then
it
sees
I
made
a
payment
on
the
4th
of
May
and
there's
one
today
and
it's
changing
them
out.
That's
I've
been
paid.
What,
if
the
token
is
who
the
worker
is?
It's
been
sent
the
address
transaction
patch
data,
we're
gonna,
add
a
little
bit
make
more
stuff
to
this,
to
make
it
more
robust
of
what
you're
able
to
do
like.
B
Essentially,
what
was
the
price
at
the
point
of
payment,
or
the
point
of
earned
so
you're
able
to
do
that
and
start
to
do?
Capital
gains
tax
calculations
as
well
as
looking
at
being
able
to
nominate
this
in
various
currencies
so
with
the
stream
or
actual
agreement
would
be
to
add
various
currency,
Swiss
franc
being
one
of
the
ones
that's
important
to
them,
as
well
as
UK,
pound,
etc,
etc.
In
that
regards,
so
that's
kind
of
the
cool
stuff,
that's
being
when
exporting
and
making
a
way
easier
for
accounting
teams.
B
With
that,
it's
like
really
it's
super
light
and
super
easy.
It
should
be
pretty
self-explanatory
and
how
you
doing
it
when
we
start
to
add
more
things
like
batch
payments
and
the
currency
stuff,
you
get
a
little
more
robust,
which
you're
able
to
do,
but
with
that
I
kind
of
can
like
actually
switch
over
to
since
David's,
already
been
able
to
see
the
transactions
David
side
and
see
what
he
sees
on
the
workers
side.
Yeah.
A
B
B
A
B
B
A
B
B
C
C
B
There
is
one
question
about
the
transaction
fees
scaling
with
the
amount
that
you're
paying
yeah,
because
the
the
fee
I
paid
was
extremely
high
right
now,
for
that
one
day,
transaction
just
for
the
purpose
of
this
I
sent
it
in
metamath
could
change
how
much
gas.
Obviously
you
want
to
be
paying.
We
originally
were
looking
and
doing
something
where
we
would
do
a
like
a
faucet
where
we
would
be
like
loops
by
the
service.
B
You
pay
a
little
bit
more
for
the
feet,
like
you,
pay
a
monthly
fee
and
we'd
rather
services,
actually
having
gas
trip
for
you
and
managing
the
gas
fee.
We're
probably
not
gonna
do
that
anymore.
So
as
long
as
you're
aware
of
how
much
the
gas
costs-
and
you
want
to
check
the
gas
station
for
to
be
more
precise
in
your
way
that
you're
spending-
that's
probably
the
best
way,
I'm
gonna
optimize
that
it's
gonna
need,
it
emit
a
mask.
B
Right
now,
it's
free
to
use
all
the
initial
version.
One
and
probably
most
aversion
to
will
be
all
free
to
use.
We
make
money
on
onboarding
companies
who
are
wanting
to
pay
US
dollars
to
crypto,
as
well
as
when
we
start
doing
batch
payments
so
you're
doing
like
for
a
streamer.
For
instance,
they
do
50
transactions
in
every
cycle.
That's
not
something
that's
trivial!
The
game
will
record
all
of
that.
B
So
we
take
a
small
fee
on
those
batch
payments,
so
that's
kind
of
how
we
monetize
the
product
project
right
there,
but
we
want
to
encourage
people
to
feel
comfortable
using
crypto,
specifically
stable
coins
like
dye
for
paying
of
freelancers
or
your
international
workers.
So
we're
really
trying
to
push
that
message
forward
and
by
providing
service
for
free.
We
think
that
that
will
be
helpful.
Nice.
A
B
A
B
B
C
A
Yeah,
do
you
guys
have
any
other
questions?
Oh
actually
I
did
have
another
question.
If
you
guys
have
questions,
feel
free
to
put
them
up
in
the
chat,
I'll
ask
him
to
Chris
or
Chris
can
read
them
where
you
can
actually
hop
on
a
mic
and
on
video,
if
you
guys
have.
But
my
question
was:
are
the
8th
addresses
and
names
logged
centrally
or
is
it
kind
of
like
client
side
like
when
somebody
signs
up
for
whisp
so.
B
A
B
Also,
with
the
worker
side
you
can
put
like
with
meta
mask,
you
can
use
your
meta,
Massa
County
use
any
other
County
you
want
so
the
company
side.
You
have
to
use
a
meta
master
web
3
provider,
but
with
the
work
Maya
is
the
one
it's
just
easier
from
because
they're
the
on
the
payment
side.
It's
a
lot
easier
for
MVP,
specifically
to
be
able
to
just
make
them
use
meta
mask
or
we
probably
they
do
for
Maddox
integrations
and
stuff
like
that
going
forward,
but
it
becomes
very
difficult
when
you're
like.
A
B
B
A
B
A
B
A
Yeah
so
hit
up
Billy.
If
you
guys
want
ask
more
questions
yeah
there,
it
is
alright
and
yeah
Thank
You
Man.
Thank
you
for
coming
on
and
so
for.
The
rest
of
the
call
we're
gonna
go
through
our
like
usual
programming,
I
guess
and
we're
gonna
go
through
some
of
the
events
that
we
are
participating
in
this
week
and
I.
Guess
you
start
off.
Let's
talk
about
Europe
link.
Are
you
here?
D
A
D
Now
mommy
unmute,
it
hi
guys
it's
great
to
be
part
of
the
call
again.
I
have
one
two.
Three
four
events
in
the
next
coming
two
week
span
when
it
comes
to
Europe
share
with
you.
First
one
is
on
the
sixteenth
in
Warsaw
pong,
where
our
head
of
voices
Bartok
will
be
speaking
at
the
event
called
digital
money
and
blockchain
forum
here,
give
a
keynote
about
maker
now,
an
hour
all
in
defy
ecosystem.
D
Next
one
we
have
in
Copenhagen
on
the
20th
here
in
Denmark
and
its
European
blockchain
convention.
This
should
be
more
of
let's
call
it
institutional
and
more
business
oriented
event
and
our
head
of
product
CERN
will
be
part
of
this
one.
He
will
be
joining
a
panel
where
he
will
be
discussing
the
progress
or
the
the
milestones
that
are
needed
for
institutional
acceptance
of
digital
assets.
On
the
same
day.
D
Actually,
in
London
we
will
have
Cousteau,
who
is
from
our
BB
team,
joining
a
meet-up
themed,
commercial
ways,
blocked
in
and
digital
assets
are
being
used
and
he'll
do
a
intro
to
make
her,
and
he
will
try
to
focus
on.
How
do
we
enable
our
system
to
grow
and
how
do
we
expand
the
use
of
dye
and
CDP
technology
beyond
our
own
ecosystem
and
on
the
on
the
may,
23rd
and
24th?
There
is
an
event
happening
in
Malta.
It's
called
multiple
options
summit.
This
one
is
spring
edition
of
the
event
and
will
have
two
speakers.
D
There
we'll
have
Gustav
doing
a
workshop
on
different
boxing
partnerships,
saying
the
real
non
blockchain
world
and
he
will
speak
about
Financial,
Inclusion
and
identified
movement
as
well,
and
then
we'll
have
Y
attic
with
our
legal
counsel
in
Europe
to
discuss
FinTech
securities
and
regulation
and
there's
quite
quite
good
representation
when
it
comes
to
like
different
people
who
are
speaking
at
the
event.
So,
for
instance,
one
the
Bitcoin
foundation
founding
members,
young
Matheny's
will
be
there
etc.
So
it's
quite
interesting
and
big
event
in
Malta.
D
A
Think
the
the
last
event
that
we're
participating
in
is
on
the
16th,
the
toget
summit
NYC,
where
Steven
Becker's
gonna,
be
speaking
and
in
between
there,
we're
also
going
to
be
participating
in
consensus,
both
consensus
construct
and
consensus
and
bests.
So,
if
you're
interested
in
any
of
these
events
by
the
way
in
the
active
agenda,
they're
all
linked,
so
you
guys
could
click
on
them,
read
more
about
them
and
see
more
specifically,
what's
being
talked
about
what
the
event
is
like
themed,
around,
etc,
etc.
A
So
we're
gonna
be
basically
participating
in
four
events
over
the
course
of
the
next
week
in
terms
of
speaking,
but
we
have
a
bunch
of
other
stuff
going
on.
Like
the
maker
down
we'll
send
Oh
Meetup,
we
have
a
team
barbecue.
We
have.
We
have
a
couple
of
things
going
on:
it's
gonna
be
a
good
week
in
New
York,
but
yeah.
That's
about
it
for
events
now,
I'm
gonna,
I'm,
gonna
jump
into
kind
of
the
official
stuff.
That's
been
going
on
this
week
and
before
I.
Do
I
just
want
to
jump
in.
A
If
you
guys
have
any
questions,
feel
free
to
you
know
hop
on
your
mic
and
video.
Ask
them
feel
free
to
interrupt
me
or
ask
them
in
the
chat
and
we'll
see
them
and
I'll
answer
them,
but
yeah,
so
I'm
gonna
be
going
through.
I'm
gonna
skip
the
partnership.
First
I'm
gonna
go
through
some
of
the
other
stuff.
That's
been
going
on,
as
some
of
you
have
seen
on
Reddit
and
Twitter.
A
There's
a
notice
if
you
are
an
MK,
our
token
holder,
who
is
actively
voting
that
there
was
a
critical
update
done
to
the
governance
voting
contract.
So
we
are
advising
everybody
who
has
MKR
in
there
in
the
old
DS
chief
in
the
old
voting
contract
to
withdraw
it,
and
you
could
do
so
very
simply
by
visiting
my
great
maker.com
and
so
kind
of
what
happened
here
with
with
the
contract.
A
Is
there
was
a
audit
being
performed
by
coin
basis
in
zeppelin,
and
it's
been
a
second
it's
the
second
round
of
audits
for
the
maker
voting
contract
and
during
the
process
we
discovered
the
needs
to
make
a
critical
update.
So
basically,
my
great,
if
you
haven't
yet
sooner
the
better
and
yeah
there's
gonna,
be
a
fuller
sort
of
post-mortem
on
the
issue
that
was
found
after
everything
is
kind
of
up
for
everybody.
My
grades
after
everything
is
kind
of
plugged
up,
so
stay
tuned
for
that.
A
Additionally,
at
the
same
time,
we
put
out
a
blog
post
this
week
called
introducing
a
new
governance,
onboarding
experience,
and
so
this
was
actually
in
response
to
a
lot
of
the
feedback.
We
got
from
the
community
asking
for
sort
of
one
wallet
voting
and
not
necessarily
needing
a
voting
proxy,
so
connect
your
hot
and
cold
wallet.
So
now
there's
a
new
onboarding
process
which
is
like
makes
it.
You
know
if
you're
a
first-time
voter,
it
makes
setting
up
the
voting
contract
a
lot
easier
and
it
improves
the
overall
voting
method
and
so
yeah.
A
That's
besides
the
fact
that
you
can
vote
now
with
a
single
wallet,
hot
or
cold,
and
also
you
can
use
the
old
sort
of
vote
with
your
hot
wallet,
while
maintaining
ownership
of
your
MKR
with
your
cold
wallet
so
definitely
read
the
blog,
so
more
informative
than
I
am
so
check
it
out.
Yeah.
Besides
that
also
related
to
governance,
we
had
an
executive
vote
on
Friday
May
3rd-
sorry,
not
Friday,
May
3rd.
What
yeah?
A
Actually
oh,
look
at
that
yeah,
so
it
actually
did
come
out
on
Friday,
May
3rd
and
it
passed
on
the
same
day
with
about
thirty
five
thousand
two
hundred
and
twenty
10.95
m'kay
are
not
about
exactly
thirty
five
thousand
two
hundred
twenty
one
point
at
500,
M,
kr
and
so
m'kay.
Our
token
holders
voted
to
increase
the
stability
fee
by
three
percent
to
a
total
of
nineteen
and
a
half
percent,
and
also
with
that
we've
been
seeing
some
interesting
stuff
going
on
with
the
dye
peg.
Just
to
give
you
guys
a
brief
I
guess
overview.
A
As
many
of
you
guys
have
been
asking,
you
know,
the
fees
seem
to
have
had
a
very
clear
effect
on
the
dye
supply.
We're
at
I
think
about
82
million
down
from
our
like
all-time
high
of
I,
think
96
million
or
95
million,
so
the
fee
raises
have
definitely
caused
a
lot
of
people
to
wipe
their
CDP
debt
and
move
over
to
cheaper
financing
instruments,
and
so
I
think
that
we're
finally
starting
to
see
the
efficacy
of
the
stability
fee.
A
But,
of
course,
there's
still
a
lot
of
analysis
to
be
done
and
there's
still
a
lot
of
wait-and-see
happening.
But
we
see
that
the
peg
has
been
getting
healthier
over
the
last
few
days.
Specifically
so
yes,
they
tuned
for
that
and
if
you're
interested
in
governance.
This
is
a
perfect
time
that
I
could
plug
the
Thursday
governance
and
risk
call
that
we
put
on
if
you're
not
around,
it's
Thursday
at
the
same
time
as
this
meeting,
so
it's
12
p.m.
est.
A
If
you
are
not
around
Thursday,
we
put
out
a
summary
after
the
call-
and
all
of
these
calls
are
you
know:
they're
recorded
they're
put
up
on
soundcloud
and
youtube,
so
feel
free
to
check
it
out,
and
we
also
have
a
bunch
of
people
and
a
big
discussion
going
on
on
our
secondary
subreddit,
our
MKR
gov.
So
join
us
for
the
discussion.
A
In
addition
to
that,
we
also
have
a
new
MCD
changelog
page
that
was
released
by
the
team.
So
yeah,
you
guys
don't
have
to
you,
know,
look
for
the
blog
posts
if
you
want
there's
just
a
really
simple
page:
let's
not
change
lawmaker
TOCOM
and
it
shows
the
most
recent
em
CD
releases
on
:
and
also
the
upcoming
releases.
A
So
there's
gonna
be
an
upcoming
release
on
the
17th
of
May
in
about
10
days,
and
we
are
moving
the
MCD
contracts
to
the
Gourley
Network,
so
fun,
fun
and
again
the
link
is
all
there
in
the
active
agenda.
If
you
guys
want
to
bookmark
it
save
it
and
I
think
it
might
have
been
posted
to
Reddit
already
alright.
A
Besides
that,
our
our
next
C
FAQ
has
been
released
this
week,
it
got
unset
Sun,
sticky
temporarily,
but
it's
gonna
be
back
on
top
of
the
makernote
subreddit
soon,
but
it
is
the
CDP
FAQ.
So,
as
many
of
you
know,
we've
been
rolling
out
these
FAQ
s.
We
have
a
whole
series
of
them,
I
think
it's
between
10
and
12
documents
and
we
open
them
up
to
reddit,
because
you
know
our
community.
A
That
was
a
lot
about
maker
and
is
generally
awesome
at
proofreading
and
offering
feedback
and
improvements
so
check
out
that
fake
you,
if
you
guys,
see
anything
that
needs
to
be
changed
better
sentence
structure,
something
that
just
doesn't
make
sense
comment
on
the
thread
and
we'll
check
it
out
and
we'll
change
it
accordingly,
and
eventually,
all
these
get
hosted
on
our
github,
which
also
even
after
they're,
hosted
on
github.
We
invite
the
community
to
submit
pull
requests
and
change.
Details
of
if
anything
is
kind
of
the
information
is
not
right.
I!
A
Guess,
yes,
so
that
that's
also
something
that
happened
this
week,
alright
cool!
So
now,
I'm
gonna
go
to
the
partnership,
so
we
partnered
this
week.
We
only
had
one
partnership
announcement,
which
is
with
the
giving
block
and
it's
a
partnership
to
increase
overall
nonprofit
adoption,
and
so
you
know
nonprofits
that
there's
a
lot
of
great
reasons:
the
sign
stuff,
yeah,
I'm
gonna,
get
to
that.
I
actually
think
I
I
miss
categorized.
A
Why
should
nonprofits
accept
cryptocurrency
donations
and
it's
actually
published
by
the
giving
bloc
so
check
it
out
and
you'll
see
some
of
the
benefits?
It's
it's
a
it's
really,
oh
great,
a
kind
of
vertical
that
we've
been
tackling
and
we're
really
happy
that
we've
been
seeing
adoption
there,
especially
by
big
names
like
UNICEF,
so
it's
cool
and
then
the
second
partnership
which
I,
which
here
is
bringing
stability
to
charitable.
Giving
oh,
no
wait,
yeah,
sorry!
So
this!
Where
did
I?
Have
the
science
down
or
the
I
know?
A
I
know
what
you're
talking
about
in
Cuba
I
gotta
find
it.
But
I
know
it's
somewhere
here
in
my
agenda
because
I
remember,
yeah,
I
put
it
somewhere
in
here,
but
alright.
So
the
other
thing
that
is
related
to
tribal
giving
is
bringing
stability
to
charitable,
giving
social
Alpha
Foundation
announces
its
first
die
donation
from
maker
Dow,
so
the
maker
Dow
is
donation.
A
We
we
pledged
I
think
something
a
little
bit
over
a
thousand
died
which
was
raised
actually
from
the
proceeds
of
the
Dappy
hour
that
was
held
in
Sydney
in
April,
and
so
basically,
what
we're
trying
to
help
with
social
Alpha
Foundation
is
that
well,
social
off
a
foundation
actually
explores
like
the
usage
of
died,
to
help
funding
to
public
health,
educational,
environmental
projects
and
utilizing
social
blockchain
for
social
impact.
So
again
we're
just
kind
of
exploring
the
the
charitable
foundation
arable
organization
benefits
of
using
die,
so
yeah
I
know
I.
A
Had
the
I
know
exactly
what
you're
talking
about
a
cube,
I
gotta
find
it
I
think
it
might
be
in
highlights
from
the
community
actually
yeah
it's
ecoo
and
maker
yeah
yeah.
That's
what
it
is.
Alright,
so
I'll
gets
that
really
yeah
I'll
get
to
that
in
a
sec,
so
moving
forward,
if
you
guys
have
any
questions
about
any
of
those
things
feel
free
to
post
again
so
highlights
from
the
community.
This
week
we
put
out,
as
many
of
you
know,
the
first
Monday
of
every
month
at
community
development.
A
There
was
a
lot
of
great
comments
in
it
and,
overall
we
love
seeing
things
like
this
for
our
community,
so
check
it
out
and
also
check
out
the
post
in
general,
because
there's
a
curated
list
of
great
threads
that
happened
in
the
last
month,
so
yeah,
so
some
developer
creations.
From
what
happened
this
week,
we
saw
somebody
hacked
together
a
page
which
shows
how
much
dye
is
currently
on
sale
below
a
dollar
on
coin
base,
and
this
is
really
cool
because
it
actually
just
adds
the
entire
sell
book
under
$1
and
I.
A
Think
right
now,
I'm,
actually
gonna
check
yeah,
there's
431
thousand
dollars
of
dye
below
$1
on
quite
base,
so
really
really
just
interesting
ideas
that
our
community
has
been
coming
up
with,
which
is
really
great.
We
also
saw
polka
dough,
which
is
the
first
X
died,
only
iOS
wallet
for
your
day-to-day
transactions
and
kind
of
in
parallel
occupying
a
different
market
fit.
There
was
also
the
meta
cash
gasless
die
wall
they
this
week,
so
you
no
longer
need
ether
to
Sendai.
A
So
you
can
check
that
out
if
you're
interested
in
the
technical
details
moving
forward
to
a
handful
of
interesting
articles
that
came
out
this
week,
so
Christine
Kim,
who
attends
a
lot
of
our
calls,
actually
put
out
a
little
write-up
on
the
demo
that
we
did
last
week
of
the
multi
collateral
CDP
portal.
So
if
you
haven't
seen
it,
it's
recorded
it's
on
YouTube.
You
can
check
out
kind
of
the
MVP
of
the
portal
and
how
it
works.
A
There's
a
bunch
of
bugs
that
are
going
on
with
it
with
that
are
actively
being
kind
of
untied
and
worked
through.
So
it's
very
much
work
in
progress,
and
you
know
seeing
write-ups
like
that.
Actually
really
kind
of
inspired
me
to
try
to
get
more
more
multi
collateral
die
related
things
on
this
community
call,
so
starting
with
I
think
on
May
21st
we're
gonna
have
our
team's
Ryo
and
Petro
katana
he's
gonna
be
demoing.
The
multi
collateral
die
CLI
and
he's
gonna.
Give
us
a
walkthrough
on
how
to
get
started.
A
Playing
with
multi
collateral
die
on
not
:,
I
guess
because
it's
gonna
be
already
girl
girl.
We,
the
girly,
Testament
I,
don't
know
if
I'm
pronouncing
it
right
so
yeah,
so
we're
gonna
have
a
bit
more
demos
on
multi
collateral,
dialated
things
and
technical
related
things
related
to
make
her
growl,
so
yeah
Cheers.
A
Besides
that
article,
we
also
had
the
a
medium
post
on
the
iku
and
maker
now
collab
and
it
was
basically
a
walk
through
yeah.
Blank
of
me,
so
I
can't
wait
for
Petra's
demo
to
so
the
IQ
and
maker
dow
collab
when
it
was
initially
launched.
A
lot
of
people
were
a
bit
confused
about
what
iku
is
and,
and
so
they
they
put
out
this
article.
That
was
a
bit
of
a
walkthrough.
It
helped
explain
to
people
what
they
do
and
how
make
her
dolls
die.
A
Kind
of
ties
into
their
model
and
I
wrote
some
notes
here.
So
they
present
an
optimized
open-source
permissionless
innovation
architecture
that
can
be
deployed
right
now,
so
using
die
combined
with
IQs
the
centralized
research
organization
model.
They
defeat
the
patent
system
in
efficiencies
while
incentivizing
a
high
bandwidth
environment
for
censorship,
resistant,
open
exchange
of
scientific
R&D
property
rights.
So
it's
really
innovative
idea
in
the
land
of
of
I,
guess
R&D,
and
you
know
medical
patents
and
all
that
kind
of
stuff,
so
check
him
out.
A
What
masari's
suggestion
suggesting
is
deep
war
is
basically
a
rolling
24-hour
volume
weighted
average
borrow
rate.
Since
you
know
the
borrower
weights
can
change
and
differ
on
compound
block
to
block
on
maker
week
tweak.
So
it's
kind
of
a
24-hour
you
know
rate
that
is
there,
but
the
crypto
index
rate.
A
That
I
saw
this
week
judging
by
the
comment
activity
and
is,
there
is
one
talking
about
different
ways
to
increase
demand
for
dye,
and
there
was
a
lot
of
really
constructive
comments
in
that
thread.
There
was
also
another
thread
highlighting
the
u.s.
DC
bond
rates
being
at
night
17.9%
and
just
made
it
a
point
to
kind
of
calm
the
people
that
are
very
upset
about
the
rise
of
CDP
rates
over
the
past
few
months
there
were,
there
was
another
thread
on
questions
about
the
DSR
that
was
super
informative.
A
In
the
comments
there
was
also
borrowing
die
against
BTC
and
defy
with
eath
lend,
which
is
really
cool,
that
you
could
borrow
dye
against
quite
awesome,
and
then.
Lastly,
there
was
a
there's.
A
really
cool,
analytic
kind
of
where
was
a
chart
or
discussion
I
can't
really
remember.
It
was
called
correlation
between
dye
usde
Theo's,
the
dye
supply
and
dye
stability
fee
in
one
chart
yeah,
so
the
guy
put
together
a
chart
and
in
the
comments
explained
how
to
interpret
it
and
some
of
the
things
he's
been
seeing
so
really
cool
stuff.
A
And
then,
besides
that
yeah,
we
have
the
governance
thread,
which
is
a
written
recap
kind
of
a
brief
written
recap.
We
have
transcripts
that
are
put
out
every
week
by
our
awesome
community
member
quadratics
and
they're
published
on
our
github,
so
you
can
check
those
out.
But
if
you
want
a
brief
recap
to
check
out
that
thread
so
yeah.
That
kind
of
concludes
all
the
stuff.
C
Yeah
I
kind
of
want
to
talk
about
the
fact
that
we
might
be
moving
into
like
a
new
phase
of
what
the
dye
peg
is.
The
last
three
months
has
been:
how
do
we
get
dye
back
to
a
dollar,
and
now
it's
looking
like
dyes
is
strongly
above
99
cents.
Let
me
pull
up
the
ice
table
coin.
While
I
talk
about
this,
and
so
that
that
kind
of
brings
into
relevancy
a
bunch
of
new
questions
like
how
close
to
a
dollar
do
we
need
it?
C
Should
we
should
we
like
what
is
an
acceptable
bound
to
be
around
a
dollar?
I
know,
ideally
that
every
time
you
sell
dye,
you're
selling
it
for
99
cents
and
every
time
you
buy
dye
you're
buying
it
for
a
you,
know,
dollar
and
penny,
or
maybe
even
tighter,
but
when
we
start
to
get
within
$9.99
to
a
dollar
like.
Is
that
acceptable,
or
do
we
want
to
go
even
tighter
than
that
and
then
also
when,
when
it
comes
to
the
stability
feel
like?
Should
we
be
experimenting
with
after
the
dice?
C
You
know
the
other
before
I
get
there?
How
long
do
we
need
do?
We
want
dye
to
be
between
like
99
cents
and
dollar,
before
we
claim
that
the
peg
is
fixed.
Like
that's
another
important
question,
and
then
also
after
that,
the
dye
peg
has
been
around
a
dollar
for
the
agreed
upon
amount
of
time
that
we
deem
acceptable
like
do.
C
We
start
to
then
lower
the
stability
fee
just
to
see
if
we
can,
if
it
can
stay
there
because
do
we
want
to
experiment
with
having
lower
stability
fees
just
for
the
sake
of
CDP
holders,
and
and
do
we
want
to
see
if
that
impacts,
the
dye
peg
like
these
are
all
gonna,
be
new
questions
that
come
up
in
the
next
like
phase
of
maker.
Doubt
governance,
yeah,.
A
A
Basically
asking
exactly
that
and
a
lot
of
the
kind
of
comments
we
got
were.
You
know
examining
two-way
flow
around
a
dollar
and
yeah.
Generally
speaking,
those
are
awesome,
questions
and
I'm
excited
to
finally
break
out
of
the
you
know
the
dice
blow,
the
peg,
you
know
now,
I
could
talk
about
kind
of
the
next
phase
and
understanding
dies
monetary
policy
and
like
how
maker
governance
should
be
managing
it.
So
yeah,
that's
those
are
great
points.
I'm.
C
A
You
know
haters
gonna
hate,
it's
okay,
I'm
really
excited
to
see
that
the
management
is
working,
although
with
lag
and
although
with
you
know,
a
lot
of
uncertainty,
you
know,
although
it's
a
lot
of
kind
of
making
the
best
guess
with
information
that
governance
has
it's
been
a
complete
delight,
seeing
the
the
level
of
people
participating
in
this
governance.
Really,
we
see
like
a
lot
of
really
amazing
community
driven
analysis
and
yeah.
It's
it's
great
to
see
that.
C
Totally
I
wouldn't
even
say
that
there
was
there
was
much
lag.
We
don't
really
know
how
much
time
it
I
mean
it
could
have
took
it
took
a
year.
It
could
have
taken
three
days.
We
don't
really
know,
and
so
absolutely
it
was
our
first
time
frame
experiment
and
so
like
maybe
next
time
we
can
do
it
faster,
but
three
months,
three
months
for
the
first
time,
whereas
experiment
that
that's
fine
with
me
yeah.
A
A
We
actually
got
reports
this
week
from
wire
saying
that
their
inventory
died.
Inventories
fell
by
like
I,
think
thirty
percent,
or
something
like
that
and
I'm
excited
to
hear
other
market
makers,
hopefully
on
the
community
on
the
governance
column.
Thursday.
That's
gonna
be
good
thanks
for
bringing
those
points
up.
That's
really
important.
Okay,.
A
A
He
is
spearheading
an
awesome,
bounties
project
that
I've
been
working
on
working
with
him
on
and
so
with
all
that
fake
used
that
are
rolling
out.
We
want
to
basically
bounty
our
community
members
to
do
translations
of
these
documents
and
we're
gonna
be
putting
out
some
stuff
I'm.
Hopefully,
gonna
put
out
the
bounties
of
what's
available
to
be
translated
later
on
today,
but
we're
gonna
be
sharing
some
some
resources
on
reddit,
hopefully
in
the
next
couple
of
days.
A
So
if
you
guys
know
anybody
that
is
interested
in
making
a
couple
hundred
I
send
them
to
the
hashtag
translation
channel
that
was
newly
created
on
rocket
chat.
We're
actually
gonna
link
it
in
the
chat
for
you
guys
in
just
a
second
but
yeah
we're
hoping
to
get
more
localized
content
because
maker
Dow
yeah,
Thank,
You,
Marcin
Marcin
linked
it
so
maker
Dow,
as
you
know,
is
it's
a
global
financial
platform.
Basically,
it's
not
limited
to
English
and
you
know.
A
Obviously
our
community
is
also
not
limited
to
English
and
that's
evidenced
by
the
fact
that
we've
been
seeing
a
lot
of
Eastern
traffic
China
and
Japan
and
Korea
we've
been
seeing
a
lot
of
their
traffic
on
the
cep
portal
and
on
the
white
paper
and
in
general
it's
it's
very
clear
that
translation
of
content
and
making
educational
resources
available
for
people
that
are
interested
in
in
what
we
are
available.
That's
super
important,
and
so
we
want
to
give
the
chance.
You
know
we're
not
we
rather
bounty
it
from
the
community.
Then
pay.
A
You
know
some
translator
company,
because
we
feel
that
our
community
knows
better.
Our
community
could
probably
do
way
better
quality.
Then
translator
that
there's
a
know
our
system
and
and
also
it
just
gives
us
a
chance
to
distribute,
died
to
the
people
that
are
most
passionate
about
it.
So
yeah
join
the
join
the
chat,
if
you
guys
have
any
ideas
of
how
to
make
this
program
better
hit
us
up,
but
we're
gonna
be
rolling
it
out
this
week
and
then
hopefully-
and
actually
that
makes
a
couple
days
so
yeah
and
with
that.
A
All
right
cool!
Well,
thank
you
guys
for
coming
on
this
Tuesdays
community
call.
I
can't
wait
to
have
you
guys
next
week
and
next
week
our
guests
will
most
likely
be
the
guys
at
CDP
saver
and,
if
you
guys
don't
know
about
CDP
saver,
go
check
them
out
at
CP
saver
comm
they
they're
producing
some
really
cool
stuff,
including
a
live
main
net.
Cdp
marketplace,
that's
already
functional.