►
From YouTube: MakerDAO Community Meeting - October 2, 2018
Description
Special Guests
- Lenka tells us about Rune's meeting with the Prince of Denmark
- Thomas Pulber drops a bombshell about future plans for OasisDex
- Georgi Georgiev fills us in on the direction of Oasis.Direct
A
B
Everyone
welcome
to
today's
October
second
community
meeting.
We've
got
a
few
really
cool
guests
on
today,
including
both
Georgie
and
Thomas,
fuller,
who
have
been
with
make
her
for
a
while
and
of
it
attended
some
of
our
original
community
meetings
back
when
it
was
just
15
people
in
there
having
about
tons
of
interesting
things,
and
here
we
are
now
with
also
seeing
people
but
great
to
have
you
guys
all
here,
which
is
gonna,
go
ahead
and
give
a
few
of
the
technical
updates
as
well.
B
But
we're
super
excited
about
San
Francisco
blockchain
week,
which
is
coming
up
just
around
the
corner.
If
we'll
see
anyone
at
eath
SF
like
we
did
it,
East
Berlin
will
be
very
happy
for
that
or
offering
some
API
prizes
there
and
moving
on
to
Def
Con
we're
going
to
be
participating
in
a
hackathon
just
before
that.
So
if
you
guys
want
to
go
ahead
and
pack
with
us
before
Def
Con,
please
do
reach
out
and
we'll
make
sure
that
we
interact
while
we're
there
and
get
you
all
sorted
rich.
C
Yeah
I
can
jump
it
really
fast
just
to
say
that
this
last
week
was
amazingly
quiet
for
maker.
Now
there
was
no
earth-shattering
announcements,
no
major
partnerships
to
announce
up
from
the
online
world.
There's
lots
of
things
cooking,
but
nothing
ready
to
talk
about
yet
I
hate
announcements
of
announcements,
but
next
week
might
be
interesting.
So
we
can
talk
about
things
then,
but
I.
Think
for
me
not
much
to
talk
about
so
maybe
like
I
know
that
you
have.
D
D
Yeah
same
mistake:
again:
hi
everyone.
Yes,
last
week
in
Copenhagen
we
had
tech
BBQ,
which
was
a
summit
with
thousands
of
participants.
I
was
standing
at
this
understand
in
the
blockchain
corner
and
we
had
a
special
guest
over
there.
The
crown's
prince
his
royal
majesty
crown
prince
frederick,
joined
us,
and
we
had
room
to
welcome
him
and
to
explain
what
we
do
at
maker
and
I
think
this
was
really
cool,
because
it
basically
means
that
also
the
royal
family
interests
has
an
interest
into
into
this
cool
technologies.
D
And
although
there
were
several
stands
at
the
blockchain
corner,
we
were
the
one
that
actually
he
spent
next
to
and-
and
you
know,
and
ask
questions
and
and
discussed
with
us,
so
that
was
pretty
cool.
Yes,
this
week
we'll
be
having
two
events.
One
will
be
a
finance
conference
with
PwC
on
Thursday
morning,
and
then
we
have
a
stable
coin
event
in
the
evening.
So
rune
will
be
busy
again
giving
talks
about
maker
and
presenting
to
different
audiences.
D
C
Yeah
I'm
thinking
about
it
might
wait
for
the
next
meeting
because,
like
most
blockchain
conferences,
everything's
happening
at
the
last
minute
and
I
think
that
we've
just
begun
to
see
what
the
actual
agendas
are
from
the
organizers
yesterday
or
the
day
before
so
next
week.
I
think
we
should
dig
into
some
of
the
cool
things
that
we're
doing
at
the
drug
blockchain
week
and
then
see
if
we
can
get
the
community
a
bit
more
involved,
but
there's
nothing
really
to
report
this
week.
I
think:
okay,
Mariano
did
you
have
anything
for
us
today.
E
Sorry
guys
I
was
muted,
no
I
don't
have
any
I'm
working
with
it
will
adjust
to
to
have
different
graphic
materials
for
the
events
that
are
aligned
with
our
current
web
design.
I'm
also
checking
with
our
awesome,
graphic
designer
and
hopefully,
two
weeks,
I
guess
that
we
will
have
something
to
show
you
like
all.
C
B
F
I'm
Thomas
aka
Geronimo
in
the
chat
I'm
working
on
the
Oasis
team
as
a
designer
kundi
as
a
designer
but
I'm
like
an
hybrid
who
is
doing
all
kind
of
stuff
and
I
think
my
major
role
at
races
and
it
makers,
product
design
and
product
management
for
the
ways
this
product
product
line.
We
currently
a
two
products.
F
One
is
called
Oasis
tanks,
which
should
be
the
pro
professional
decentralized
exchange
version
and
always
direct,
which
is
trying
to
be
this
product,
which
is
as
simple
as
possible
and
that's
very
hard
to
achieve
in
the
cryptocurrency
space
it
in
general
to
have
something
which
is
just
simple
and
just
works
and
yeah.
That's
what
we
do
and
we
are
very
proud
with
a
system
right.
So
we
have
two
two
next
versions
that
you
find
who
is
direct
small
improvements
but
Oasis
Texas.
F
One
of
the
big
main
features
will
be
decentralized,
merging
trading,
which
is
also
very
difficult
to
achieve,
because
no
one
else
around
already
delivered
something
like
that.
So
me,
as
a
guy
who
is
trying
to
focus
on
user
experience
and
UI
interfaces
actually
need
to
deliver
something
which
wasn't
about
them
and
that's
that's
not.
F
C
Can
I
ask
you
a
quick
question
so
with
it?
This
is
something
that's
been
a
constant
source
of
frustration
for
me,
since
the
very
minute
I
got
into
crypto
all
of
almost
a
year
ago,
so
I
guess
I'm
still
kind
of
new,
but
the
inability
to
margin
trade
on
on
Dex's,
and
it
seems
like
such
an
obvious
piece
of
functionality
that
anybody
in
the
deck
space
should
be
running
to
the
wards,
but
nobody
seems
to
have
gotten
there
yet
are
there
any
specific
challenges
that
need
to
be
overcome
like
why?
F
Why
you
need
first
builders
system,
which
kind
of
provides
the
functionality
to
do
magic
trading,
and
that
means
like
10,
either
taking
loans
or
put
up
collateral.
So
we
as
a
first
community
who
actually
built
already
something
I
like
a
team
which
actually
can
deliver
this
kind
of
functionality.
First,
so.
F
Going
to
connect
our
front-end
to
the
new
modular
collateral
die
system,
we
thought
about
already
doing
it
for
single,
but
we
would
waste
valuable
time
for
that
so
and
the
covin
versions
already
deployed.
So
it
makes
sense
that
we
work
on
the
multicolored
diet
system
and
we,
like
that's
our
main
focus-
to
provide.
C
F
It
don't
mean
like
it's
just
a
beautiful
front-end
and
in
a
place
where
you
use
a
workflow
CD
piece
like
this
is
the
main
feature
actually
of
the
new
SSX,
that
we
don't
tell
the
user
that
we
actually
use
CD
piece.
We
are
talking
about
positions
and
like
financial
user
interfaces,
we
hide
almost
everything.
It's.
F
F
This
is
my
good
beauty
concern.
We
have
that
we
we
specifically
create
a
margin
trading
account
which
will
be
a
proxy
who
will
create
CDP's
for
you
and
do
all
that
kind
of
stuff.
So
you
will
have
a
margin,
training
account
where
you
actually
deposits
stuff
into
it.
So
people
like
specifically
need
to
say,
ok,
I
need
to
like
I
I'm,
depositing
one
eat
into
my
matching
training
account
that's
vestments
very
necessary,
because
people
mess
up
a
lot
of
a
lot
of
time.
F
C
Is
amazing,
I,
don't
know
how
I
didn't
know
this,
because
this
is
this
is
blowing
my
mind
a
bit.
So
when
people
open
a
Marten
trading
account
through
the
Oasis
Dex,
is
this
going
to
be
a
sort
of
a
long-term?
Are
they
gonna
hold
this
camp
open
for
a
long
term
so
or
do
these
EVPs
get
created,
traded
upon
and
then
closed
as
soon
as
their
margin
gets
called
or
the
margin
position
is
how.
F
F
F
Up
the
whole
market
cap
like
instantly
like
they're
they're
people
with
tons
of
assets
who
can
directly
try
and
like
create
huge
positions
but
I
think
for
the
MVP
or
for
the
first
Peter
alpha
release.
We
will
set
some
limits
on
the
front
end,
so
the
user
liked
push
the
big
guys
into
into
that
directly.
Yeah.
C
That's
an
interesting
thing
to
think
about
because
make
a
dough
as
an
ecosystem
is
trying
to
be
all
right.
It's
not
trying
to
it
is,
is
non-predatory
predatory
as
possible,
but
we
know
there's
sharp
edges,
but
we
want
people
to
be
safe,
so
offering
a
tool
like
this.
Is
you
have
to
assume
a
significant
amount
of
risks.
C
F
C
We've
been
talking
for
ages
internally
about
adding
margin
to
Oasis
text.
I
just
had
no
idea
about
the
the
actual
mechanism,
so
the
fact
that
you're
leveraging
CDP's
and
that
each
GDP
is
going
to
be
paying
stability
fees.
No
stability.
If
he's
going
to
buy
and
burned,
is
pretty
mind-blowing.
That's
amazing!
Mariano!
You
said
you
had
a
question.
Do
you
want
else?
Yes,.
E
In
fact
that
I
love
this
matter,
it's
not
yet
I'm
a
huge
fan
of
leverage
trading
and
talking
the
other
day
with
a
friend
we
being
like.
You
know
like
picture
in
our
mind
how
a
CDP
could
be
used
for
this,
and
we've
been
talking
that,
for
example,
something
there
is
very
an
important
feature
in
martian
trading.
It's
the
stop-loss
or
option
right.
E
So
these
are
a
possibility
that
the
percentage
of
depth
to
collateral
right
right
here
can
be
used
as
a
stop
loss
in
which,
instead
of
let's
say,
150
percent,
I
can
configure
that
to
120
or
maybe
I,
don't
know
to
200
percent.
So
when
the
when
the
losses
of
my
CVP,
that
is
leverage
in
at
that
point,
when
he
hit
that
number,
it
gets
bitten
right
right.
F
Mean
the
whole
position
liquidation
will
be
handled
by
the
tie
system,
but
one
really
nice
features
when
he
uses
actually
like
having
different
types
of
CDP's,
and
he,
like
the
system,
sees
that
he
is
crashing.
But
Diggs
is
hauling
completely
nice,
so
this
basket
of
CDP's
is
totally
saved
and
we
could
reuse
that
to
rebalance
the
whole
recall.
That's
very
like
this
was
actually
like.
The
main
Wow
awesome
feature
that
as
soon
as
the
user
interacts
with
any
kind
of
CDP,
the
the
proxy
will
rebalance
or
CDP.
F
Exactly
and
that's
like
as
soon
when
you
set
up
your
matching
training
account,
we
will
set
like
the
defaults
safety
parameters,
but
the
user
can
always
say.
Oh
no,
no
that's
way
too
way
too
low,
I
I'm,
setting
different
parameters,
so
the
front
ends
will
know
what's
going
on
and
then,
while
rebalancing,
okay
user
defined
parameters,
and
so.
C
C
F
F
C
F
E
C
I
think
that
we,
the
governance,
will
determine
the
stability
fees,
the
risk
parameters
of
the
normal
sea
DP
types,
but
it's
this
is
a
weird
kind
of
model
where
a
racist
Dex
is
kind
of
its
own
thing.
It's
not
governed
by
the
it's
not
governed
by
the
foundation
or
the
voters.
So
will
you
guys
be
adding
some
kind
of
additional
buffer
or
additional,
like
stability,
feet,
sort
of
cover
the
chaos
that
goes
along
with
margin
training?
Now.
F
F
Guy
from
Macon
and
how
much
a
guy
in
a
dissenter
centralized
in
a
centralized
exchange
would
pay
for
position
and
they're
like
huge,
huge
differences
regarding
fees.
If
you
would
create
a
position
at
Kraken
for
one
year,
you
would
pay
50
55
percent
fees
or
when
yes,
crazy.
It's
crazy
and
with
our
solution.
E
E
F
Sure
and
then
you
can
even
like
go
further
and
I.
Don't
know
if
people
get
to
know
the
like
CDP
liquidator
project,
which
we've
done
at
East
Berlin,
then
like
and
say:
oh
man,
the
position
will
definitely
will
be
liquidated.
I
will
just
use
a
third-party
service
which
will
liquidate
and
I
will
save
money.
And
it's
like
that's
exactly
the
thing.
What
we're
working
on
like
just
like
you.
C
F
C
E
C
Fascinating
I'm
gonna
hit
you
up
later
to
find
out
what
what
you
guys
are
thinking
about
for
hang
transaction
fees
and
die
and
see
if
it's
the
same
thing,
I'm
thinking
about
it's
right,
that's
really
cool!
It
was
anything
else
that
you
want
to
talk
about
today,
or
did
you
want
to
leave
us
with
our
minds?
Blown?
What's
the
Oasis
next
thing,
no.
F
C
A
C
Well,
I
guess
we
can
start
in
just
a
super
high
level,
because
I
know
that
sometimes
in
these
meetings
we
jump
kind
of
rate
into
the
nitty-gritty,
and
we
should
probably
keep
in
mind,
though
some
people
might
be
joining
us
for
the
first
time
and
they
might
not
completely
understand
what
it
is
we're
talking
about.
So
why.
A
As
far
as
I
know,
it's
like
the
first
decentralized
instant
exchange,
so
it's
like
our
goal
was
to
create
something
like
shape-shift,
but
completely
decentralized
and
right
now
we
are
like
earning
even
more
scores
because
as
far
as
I
know,
they
like
require
you
to
register
right
in
order
to
use
their
service
and
typically
for
maker,
we
try
to
decentralize
as
much
as
possible.
So
we
will
keep
our
promise.
It
will
stay
decentralized.
It
will
give
you
the
possibility
to
exchange
so
far.
We
we
support,
like
very
few
coins,
tokens
like
maker
dye
and
eat.
A
For
now.
It's
super
easy.
It's
it's.
It
happens
very
quick
because
we
abstract
all
the
unnecessary
details
and
the
user
just
like
go
there
sure
she
just
decides
to
exchange
some
eat
for
die
and
in
a
single
click
of
a
button.
Voila
you're
having
your
die
and
you
saw
your
eat
so
and
we
are
like
trying
to
improve
it
to
give
more
functionalities,
as
Thomas
said,
to
keep
it
simple,
but
at
the
same
time
functional
for
everyone,
so
yeah
we
can
expect
like
config
features.
We
are
trying
to
be
as
much
as
transparent
as
possible.
A
C
A
A
C
C
A
Yeah
exactly
but
actually
first
it
was
kind
of
it
was
very
tedious
work
and
also,
like
you
said,
like
tender,
you
know
up
to
ten
died
and
you
send
like
up
to
two
hundred
but
you're,
paying
fees
and
etc.
So
in
order
to
I
mean
ease
the
whole
process.
We
decided
to
have
this
binary,
so
you
know
a
user
is
allowed
or
not,
and
the
thing
is
that
it's
not
theoretically
I
mean
practically.
It
looks
like
this,
but
you're
ethically,
it's
not
right.
A
C
So
we
talked
about
Siri
touched
on
it
earlier
and
I
think
that
might
be
a
question
for
Thomas
as
well,
but
frequently
we
get
asked.
Why
excuse
me,
why
do
we
limit
the
tokens
that
we
did
we're
willing
to
sell
on
oasis
text
noises
right,
we're
not
selfish
and
to
allow
people
to
trade
on
Oasis
next
noises
direct?
What's
the
process
for
getting
more
tokens
in
there?
What's
the
plan
for
the.
F
F
Where
market
making
is
happening
a
lot
and
with
that,
we
can
provide
the
easy,
instant
exchange
on
Oasis
direct.
If
we
don't
have
liquidity,
people
will
lose
more
money
because
the
audiobook
is
not
filled
so
the
prizes.
You
can
push
up
prices
very
quickly
and
that's
why
we
actually
introduced
like
the
price
impact
indicators.
F
C
I
still
feel
sick
to
my
stomach
when
I
think
that's
crazy,
yeah,
so
so
I
guess
the
question.
I
guess
the
issue
here
is
that
on
Oasis
deck,
so
it's
fine
to
have
low
liquidity,
I
guess
because
people
they
know
they
just
need
to
wait
for
to
find
the
price
that
they
like,
but
on
the
waste
is
direct
and
if
there's
a
little
liquidity
and
people
aren't
paying
attention,
then
potentially
they
can.
They
can
hit
a
spread.
That's
pretty
nice
kind
of
thing!
Well,.
A
Frankly,
I
also
think
that
it
comes
to
the
quality
so
a
lot
because
I
don't
know
if
you
guys
are
aware,
but
there
was
like
this
functionality
on
the
contract
that
you
were
able
to
whitelist
tokens.
So
it's
not
like.
We
stopped
supporting
them,
but
we
decided.
Let's
Thomas
said
that
I
mean
we
wanted
to
enlist
only
the
good
talkers.
We
wanted
to
be
curators
right
example.
Frankly,
at
some
point
they
were
like
the
request
for
new
token
stopped.
So
you
know,
I
haven't
seen
a
request
for
a
new
token
for
a
while.
B
A
As
far
as
I
know,
I
mean
like
in
the
future
plans.
This
is
for
future
releases
in
the
near
future.
We
plan
to
have
combined
to
order
books,
meaning
to
get
different
liquidity
providers,
combine
their
older
books
to
provide
higher
amount
of
liquidity,
so
yeah
to
answer
your
question
yeah,
we
consider
that
it.
C
D
C
We
can
have
this
problem
in
the
Dex
world,
where
liquidity
is
basically
what's
holding
us
back
right.
If
somebody
wants
to
do
high
volume
trading
or
they
want
to
do,
they
want
to
trade
a
great
deal
of
crypto.
They
have
to
go
to
one
of
the
major
players,
but
in
the
decks
world
there's
frequently
limited
liquidy.
If
you
look
at
the
average
trades
through
some
of
the
decks
and
what
excites
you
can
see,
that
there's
one
or
two
like
AI,
decks
or
ether,
doubt
that
I
think
is
still
super
popular.
C
So
there
is
this
increasing
interest
in
mechanisms
that
allow
these
taxes
to
share
liquidity,
pools
that
the
idea
is
there
should
be
one
or
two
or
whatever
global
liquidity,
pools
and
then
the
rest
of
the
market,
sort
of
competes
on
the
UI
and
functionality.
On
the
front
end,
so
do
we
have
plans
to
like,
like
David
said,
we
have
plans
to
create
some
relationships
to
share
the
query
pools
and
is
that
something
we're
focused
on
yeah.
A
C
C
C
F
F
This,
what
I
try
to
achieve,
like
my
I
standard,
the
designs
for
mobile
first
and
then
move
over
to
desktop
just
to
make
sure
that
I'm
trying
to
make
it
right
on
mobile
guess
with
tables
it's.
It's
not
easy
to
actually
deliver
a
good
mobile
experience,
but
we
will
see
and
how?
How
does
this
work
work
out?
What
I
just
wanted
to
point
it
out
is
that
the
way
this
team
in
general
is
strongly
focused
to
provide
services
for
the
die
system,
and
this
is
our
main
focus
and
we
don't
like
we
needed
to.
F
We
wish
we
would
shift
our
focus
to
like
combine
order,
books
or
anything
like
0x.
There's
a
big
team
who's
actually
focusing
on
that
problem,
and
we
that's.
We
don't
want
to
do
that.
We
defined
our
focus
and
that's
providing
actually
good
services
for
dye
and
and
with
that,
the
next
tokens
will
be
more
like
collateral
types.
So,
as
soon
as
DG's
is
coming
out,
we
will
do
everything
possible
to
provide
services.
Four
digits,
that's
interesting,
I.
C
Don't
listen
interesting,
so
one
of
the
things
I
wanted
to
a
sort
of
out
of
left
field,
but
there's
kind
of
this
traditional
UI.
That's
that
most
X's
or
adopting
you
know
like
there's
the
left
hand
pane
and
then
there's
the
nice
huge
breath
and
then
there's
the
traits
happening,
the
bottom
somewhere
right,
but
the
Oasis
Dex
has
its
own
sort
of
very
distinctive
UI
sort
of
paradigm.
Is
that
gonna?
Is
that
something
we're
sticking
with?
Are
we
gonna
try
and
adopt
more
of
a
traditional
sort
of
looking
film
I.
F
Try
to
I
know
like
the
fanboys
out
actually
fanboys
out
there,
who
really
like
the
plain,
simple
white
design,
I
I,
try
to
get
some
stuff
over
to
the
new
design,
but
with
margin
trading
it
will
blow
up
everything
it
like.
It
will
change
tremendously
and
the
reason
why
everything
will
change
is
we
try
to
have
a
consistent
action
flow,
so
people
who
creating
create
orders
will
do
almost
the
same
thing
as
they
would
create
a
position.
So
then
that's
actually
like
good
UX.
F
C
C
F
C
F
F
F
E
C
C
F
E
C
C
C
There's
girls
search
SH
like
I,
don't
know
boys
each
got
too
many
of
these
things
laying
around
and
actually
like
clean
that
up
at
some
point,
it's
cool
all
right,
okay,
I
think
that
we
might
actually
be
at
the
end
of
the
meeting,
then
so
thanks
everybody
for
coming.
Thanks
for
the
insight
into
the
voices
teen
Georgie
that
was
brilliant,
I'm
still
gonna
try
and
wrap
my
head
around
this
mind-blowing
margin.