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Description
Agenda: https://forum.makerdao.com/t/core-unit-launch-pod-sessions-session-14-dai-foundation-core-unit-daif-001/9564
Governance Forum:
https://forum.makerdao.com/
DAI Foundation Proposal: https://forum.makerdao.com/t/mip39c2-sp17-adds-core-unit-daif-001-dai-foundation/9239
A
Hi
everybody
welcome
to
coordinate,
launch
pod
sessions,
we're
already
at
number
14.
yeah.
Today
we're
going
to
be
discussing
the
dye
foundation
core
unit,
so
I'm
here
joined
by
sudan,
which
is
the
board
of
the
the
the
chairman
of
the
board
of
the
dive
foundation.
A
Also
valtteri
is
here
who's
going
to
be
well
commenting
a
bit
more
on
on
the
things
that
need
to
be
done
by
the
dao.
To
make
sure
this.
This
whole
thing
happened.
I'm
not
sure
if
I
presented
myself
introduce
myself,
but
my
name
is
juan
I'm
the
facilitator
from
sustainable
ecosystem
scaling
and
yeah.
As
always,
if
you
have
any
questions,
please
jump
in
the
mic
or
write
it
in
the
chat,
we'll
read
them
for
you
and
we'll
have
some
some
time
in
the
in
the
end.
A
For
for
anything
that
might
any
questions
or
comments
that
anyone
might
have
so
certain.
If
you
want
to
together.
B
Before
I
see
on
my
screen
well,
no
anyway,
we're
recording
this
so
yeah
I'll
I'll
go
through
all
the
stuff,
even
if
some
of
the
participant
has
prior
knowledge.
B
B
Yes,
we
did
cool
all
right,
so
what
I
would
like,
with
the
help
of
router
and
perform
to
go
through
on
this
launch
pad
session,
is
first
recapping.
What
is
style
foundation,
but
also
calling
out
what
is
dye
foundation,
not
as
perhaps
there
has
been
a
bit
of
misunderstanding
about
the
ambit
of
dye
foundation
and
then
going
into
what
is
the
proposed
core
unit
for
the
eye
foundation
and
then
finally,
yeah
die
foundation.
B
Core
unit
is
asking
for
funding,
spend
some
time
going
through
the
budget,
so
any
questions
there
may
be
so
that
can
be
answered
and
and
then
finally,
next
steps
and
in
between,
if
as
time,
yeah
certainly,
we
can
also
have
a
wilder
talk
more
about
the
actual
practical
asset
allocation
process,
which,
which
also
is
very
important
from
a
practical
point
of
view.
B
So
with
that
and
and
apologies
for
people
who
has
has
this
just
going
too
fast-
apologies
to
people
who
has
seen
the
lex
maker
one
but
in
essence
die
foundation
is,
is
to
help
answer
the
questions
we
have
on
on
this
slide
here.
B
What
if
somebody
launches
a
coin,
for
example,
on
another
blockchain
and
calls
it
die
or
puts
up
some
contracts
and
call
it
maker
system
or
what,
if
somebody
uses
that
software
developed
by
the
mega
protocol
for
some
other
purpose?
That
actually
goes
against
the
principles
for
maker,
dao
and
and
in
the
in
the
worst
event
of
a
governance
attack
where
the
attackers
actually
get
the
get
control
of
the
mega
and
dietary
marks.
What
what
will
happen,
then?
B
This
is
dye
foundation
which
was
created
as
part
of
the
bootstrapping
from
from
mega
foundation.
It
was
created
back
in
june
2019,
which
yeah
in
in
our
ages
is
quite
some
time
ago
and
really
just
to
safeguard
what
cannot
be
decentralized
in
the
maker
protocol.
So,
whenever
it's
something
that
actually
can
be
decentralized,
it's
it's
not
really
in
in
the
ambit
of
die
foundation.
B
Dive
foundation
is
an
independent
legal
entity.
It
that
that's
the
requirement
for
foundations
in
denmark.
It
cannot
see
profits
and
it's
only
mandated
to
serve
its
specific
purpose,
which
is
described
in
its
trustee
and
and,
as
I
mentioned,
is
created
in
denmark,
and
there
is
a
very
strong
legal
framework
for
independent
foundations
and-
and
we
do
have
also
a
lot
of
other
examples
about
yeah,
very
big
and
strong
foundations.
Anchored
in
denmark,.
B
For
some
reason,
it
takes
some
some
delay,
but
the
iep
held
by
make
by
die
foundation
that
includes
trademarks,
notably
the
big
and
the
die
trademarks
and
derive
from
that
also
the
make
it
out.com
domain
and
and
then
more
also,
but
also
related
to
the
trademarks,
key
communications
channels.
That
represents
the
trademarks.
That's
the
twitter
account
the
telegram
account
like
the
chat,
youtube
and
so
on,
and
finally,
some
logos
and
some
other
brand
material.
B
B
B
In
practice,
the
intent
of
dying
foundation
is
to
to
make
a
mega
ip
available
for
the
community
without
any
hindrance
for
any
legitimate
purposes,
and
we
have
already
created
the
trademark
policy,
which
I
hope
you
have
had
time
to
review.
Otherwise,
the
link
is
here,
but
I
do
hope
that
that
also
proves
that
that
yeah
we
while
we
still
want
to
make
sure
that
nobody
is
abusing
the
trademarks
for
for
fair
and
and
reasonable
purposes
that
they
are
free
to
use
without
without
any
issues.
B
So
how
can
dye
foundation
help
the
tao
more
than
yeah?
It
sits
there
and
has
this
static
role,
but
clearly
the
safeguarding
doesn't
mean
sticking
the
ip
away
and
and
making
it
hard
to
use,
but
it's
more
like
yeah,
making
the
assets
available
with
as
little
friction
as
possible,
and
that
obviously
is
also
working
with
the
relevant
core
units
to
make
the
processes
for
how
we
can
can
really
make
it
available,
not
just
core
units,
also
the
broader
community,
and
and
certainly
also
make
it
transparent.
B
B
Another
major
thing
is
again
in
this
case
where
there
are
any
conflicts
or
we
come
into
edge
cases
where
there's
forks
and
stuff
like
that,
we
really
want
to
work
with
the
community
to
form
principles,
discuss
ways
to
act
on
that,
and,
and
certainly
also
already
based
on
those
dialogues,
to
kind
of
put
some
principles
for
how
to
respond
to
different
kind
of
situations
forward
for
bigger
governance
approval,
and
then
the
last
thing
I
put
on
here
is
also:
we
do
have
some
ip
in
die
foundation,
but
as
the
protocol
evolves
specifically
on
on
the
software
side,
but
perhaps
also
other
ip
that
is
created,
we
certainly
are
ready
to
kind
of
take
that
in
and
and
also
safeguard
that,
and
we
need
processors,
because,
while
maker
foundation
was
running,
it
was
was
quite
easy
to
kind
of
handle
how
the
copyright
on
the
software
was
assigned
to
die
foundation.
B
So,
to
sum
it
up
critical
task
for
diet
foundation.
It
is
to
provide
safe
haven
for
the
mega
ip,
but
also
make
sure
that
that
ip
can
be
used
for
those
who
need
it.
Second
thing
is
to
ensure,
if
there
is
a
malicious
fork,
that
it
cannot
take
over
the
mega
diet,
trade
marks
and
yeah,
it's
it's
very
specific,
but
it's
also
quite
a
tall
order,
which
I
think
long
for
wisdom.
His
questions
to
relax
margaret
next
maker
call
clearly
points
out.
There's
lots
of
things
to
consider.
B
And
the
final
thing
I
would
call
out
is
again:
it
is
important
that
the
the
board
and
the
tie
foundation
is
not
corrupted
and
that
that
it
stays
fully
independent
in
case
there
is
two
sides
that
actually
may
have
have
related
claims,
so
that's
also
why
die
foundation
should
engage
in
as
few
activities
as
possible
beyond
what
yeah
it's
called
mandate.
B
The
board
members
are
right
now
with
four.
We
are
hansen
mike
hoffmeyer,
who
is
chief
operating
officer
at
coinify,
who
is
a
virtual
payment,
integrator
provider,
a
gateway,
and
then
it's
it's.
It's
I
who
also
is
a
director.
You
know
iso
apps.
B
It
is
payam
samagandi,
a
danish
lawyer
who
is
very
much
into
crypto
and
then
it's
it's
about
a
company
which
I
think
everybody
in
the
community
knows
at
this
point
in
time
and
as
part
of
the
the
ratification
of
the
die
foundation
core
unit.
There
also
is
the
offer
to
make
a
governance
to
appoint
two
more
members
to
join
the
dye
foundation
board.
So
so
we
expect
yeah
a
couple
of
more
names
to
come
on
the
board
here,
as
we
progress.
B
Then,
switching
to
what
is
die
foundation
not
and
shuang
has
has
made
this.
B
What
I
think
quite
the
great
illustration
that
really
illustrates
thai
foundation
is
there
in
the
traditional
world,
where
there
is
a
traditional
legal
system
as
as
a
legal
entity
to
own
and
protect
the
omega
ip
assets,
and
for
that
it
needs
some
funding
which
we
are
asking
the
mega
dow
to
provide
to
us,
but
the
actual
management
assigning
assets
to
the
different
core
units
projects
wells
in
the
community
that
needs
them
is
something
that
that
we
certainly
leave
to
make
a
governance
to
decide
how
to
manage
that
and
who
should
be
the
the
cardholders
on
managing
the
different
assets.
B
So
that's,
I
think,
is
an
important
distinction
to
call
out,
because
I
I
believe
there
has
been
some
confusion,
thinking
that
yeah
ownership
also
included
management
and
active,
active
handling
of
these
assets.
A
Maybe
sir,
it's
also
important
to
highlight
the
difference
between
the
dye
foundation
and
the
foundation
core
units.
So
maybe
I
could
include
in
the
in
the
drawing
to
show
that
the
the
core
unit
is
pretty
much
there
to
fund
the
foundation
and
deal
with
that
and
the
dye
foundation
itself.
It
well
to
protect
and
help
the
dow
in
the
other
ways
that
you
were
describing
in
the
real
world.
B
Yeah,
that's
that's
a
good
point,
certainly
something
that
if
you
make
another
version
of
it
would
be
great
because.
C
B
True,
and
and
where
we're
also
coming
to
that
yeah,
the
core
unit
is
a
vehicle
for
for
kind
of
creating
the
link
between
make
a
dao
and
iphone
just
to
to
expand
a
little
bit
more
on
what
is
not
part
of
the
dye
foundation
mandate.
So
it's,
for
example,
not
in
the
mandate
to
produce
content
about
mega,
daw
or
the
mega
protocol
or
how
you
create
solutions
on
it.
B
It's
it's
not
in
the
mandate
to
provide
operational
infrastructure
for
the
cus,
so
it's
not
like
yeah
dye
foundation
will
provide
the
websites
or
applications
for
different
core
units
to
develop
one.
It's
it's
also
not
in
in
the
ambit
of
mega
of
dye
foundation
to
represent
megatown
as
a
legal
entity,
and
I
I
know
on
the
real
world
assets.
B
There
are
several
initiatives
about
creating
other
real
world
entities
that
can
do
that
for
for
specific
purposes,
and-
and
here
again
here
by
foundation,
yeah,
that's
the
legal
entity
protect
to
protect
the
trademarks
and
it's
it's
not
yeah
again,
also
not
in
in
the
thai
foundation
mandate
to
employ
any
marketing
or
business
development
resources
and
so
on.
It
really
is
again
to
own
and
protect
the
core
ip.
That
cannot
be
decentralized.
B
So,
coming
to
the
proposed
call
unit,
as
hwang
mentioned,
it
is
proposed
to
be
the
vehicle
that
that
enables
the
practical
implementation
of
the
critical
services
that
thai
foundation
will
provide
to
the
dao
and
it's
it's
the
the
entity
to
to
request
the
necessary
budget
for
mega
dial
governance
to
sustain
the
operations
of
thai
foundation
and
adequately
mitigate
whatever
legal
risks.
There
are
to
this
essential
role
and
and
clearly
as
as
mega
foundation,
has
been
dissolved.
B
Yeah
dye
foundation
is
still
kind
of,
as
some
perhaps
seen
as
as
another
centralized
entity
that
they
can
go
after.
So
there
are
legal
risks.
We
have
to
be
aware
of
that
all
right
coming
to
the
budget,
then,
first
of
all,
to
give
a
little
bit
of
an
overview
of.
B
B
It
is
to
make
the
usage
of
this
ip
available
to
megadow
and
the
ecosystem
at
large.
It
is
to
inform
about
and
monitor
the
ip
usage
and
engage
with
the
community
and
form
these
principles
and
policies
around
the
ip
that's
owned
by
powerful
aviation
as
needed,
and
to
kind
of
solve
these
core
tasks.
The
services
will
require
is
some
legal
assistance
in
yeah
assessment
of
ipv,
we
receive
documents.
B
What
terms
should
be
on
the
usage
of
the
iep,
how
we
make
rights
assignment
policies?
If
there's
somebody
who
needs
to
have
a
cease
and
desist
letter,
how
we
defense
about
others
that
kind
of
make
claims
up
against
us
and
so
on?
That's
the
legal
part!
It's
it's
not!
So
you
could
say
it's
it's
the
day-to-day
legal
stuff.
It's
it's
not
like.
If
there's
some
big
class
action
lawsuit
coming
in,
then
there
is
a
need
for
external
legal
assistance,
the
next
big
bullet.
B
B
Third
bullet
is
a
communications
mainly
yeah,
a
website
that
explains
about
the
dye
foundation,
what
assets
style
foundation
sold
at
any
point
in
time
and
then
also
making
sure
that
the
die
foundation
participates
in
the
community.
So
again,
the
community
is
aware
of
the
possibilities
and
and
the
kind
of
guard
rails
under
which
ip
can
be
used.
B
B
There
is
also
another
another
area
here,
and
that
is,
we
need
to
have
a
watches,
a
requirement
for
reserves,
because
thai
foundation
is
meant
to
operate
in
perpetuity,
and
that
means
it
also
needs
some
reserves.
So
it's
robust
enough
and-
and
you
might
ask
well
why
is
that
the
case?
B
Some
examples
where
we
may
need
reserves
is,
for
example,
there
may
be
a
regulatory
action,
some
other
action
that
actually
cuts
off
funding
from
from
megadyl
for
a
longer
period,
and
then
we
must
be
able
to
kind
of
yeah
continue
operating,
protecting
the
trademarks
and
so
on.
B
There
may
also
be
a
lawsuit
like
the
class
action
lawsuit
that
that
was
raised
after
black
thursday,
and
you
may
only
see
that
it
was
make
a
foundation
that
was
involved
in
that
lawsuit,
but
die
foundation
was
actually
also
sued
there
and
they
cost
us
a
significant
effort
to
kind
of
handle.
That
and
again,
as
mentioned
once
mega
foundation,
is
dissolved.
B
That
raises
the
likelihood
that
if
somebody
wants
to
sue
somebody,
yeah
thai
foundation
may
be
a
target,
and
the
third
example
I
have
is
also.
There
may
also
be
some
kind
of
legal
action
against
named
board
members,
and-
and
that
is
something
directors
and
officers.
Insurance
normally
helps
to
protect
against
and
identify
the
board
members.
B
The
the
situation
is
just
that
it.
It
is
impossible
for
thai
foundation
to
actually
get
somebody
to
sign
on
a
direct
suspense
insurance
unless
kind
of
weak.
We
pay
them
the
same
as
we
would
have
to
pay
for
for
the
legal
costs,
so
that
is
also,
I
think
the
reserves
are
needed
for
to
kind
of
provide
self-insurance
in
case
there
is
some
kind
of
action
against
both
members,
and
these
are
just
examples
there
that
may
I'm
sure
there
are
other
examples
of
where
they
might
be
needed.
B
So
with
that,
we
come
to
the
slide
with
the
actual
budget
and
I
will
not
go
through
each
line
item.
B
It
goes
to
almost
half
of
what
we
see
the
first
year.
The
next
item
above
50k
is
the
legal
assistance
and
yeah
those
of
you
who
come
from
u.s.
You
will
probably
laugh
and
say
this
is
ridiculously
low,
but
we
do
believe
when
we
don't
handle
situations
where
somebody
brings
on
a
suit.
We
do
think
that
that's
that's
what
we
can
handle
it
for
again.
This
is
a
very
uncertain
item,
because
yeah
a
lot
of
different
things,
it
depends
on
what
the
cost
will
be.
B
The
the
top
thing
is
the
board
fees,
and
the
calculation
of
this
is
made
based
on
a
seven
member
board
where
each
board
member
currently
gets
1800
by
per
month
and
the
yeah
I
I
wrote,
the
the
chair
gets
doubled,
it's
actually
just
50
more,
but
but
anyway,
this.
This
brings
us
to
around
175
000
the
first
year
and
as
we
also
expect
just
like
with
checkups,
expect
and
hope
that
this
will
get
into
a
more
just
continuous
operations.
B
We
do
plan
to
cut
these
these
fees
with
ten
percent
every
year,
and
actually
the
fees
started
out
to
be
two
thousand
a
month.
We
have
already
cut
them
to
1800,
but
but
also
with
the
caveat
that
yeah,
nobody
knows
how
the
future
is.
B
If
it
turns
out
that
the
workload
actually
grows,
then
we
have
to
revisit
that
just
below
50
000,
but
I
don't
wanna,
have
you
think
I
wanna
just
made
it
49
to
not
mention
it
is
the
tribal
cost
and
that
is
to
make
sure
that
the
board
actually
is
out
there
and
meeting
the
the
other
core
unit
members
at
relevant,
ethereum
and
mega
protocol
conferences.
B
So
that's
the
reason
for
that
and
yeah.
That's
basically
it
and
let
me
I
think
we
are
in
good
time,
so
we
could
also
talk
about
this
asset
allocation
process
example
and
wow.
If
you
would
take
over.
I
would
highly
appreciate
that.
D
Yes,
I
can
definitely
do
that.
I
would
maybe
pause
and
ask
if
there
are
questions
about
the
first
part,
because
this
is
this
is
quite
a
different
topic.
D
Yeah,
okay,
so
to
to
frame
this
a
little
bit
as
saren
mentioned,
the
the
role
of
the
the
dye
foundation
is
to
to
own
and
protect
the
ip
that
cannot
be
decentralized,
including
domain
names,
social
media
accounts
and
so
on.
D
But
of
course
there
are
very
practical
questions
about
how
can
core
units
and
members
of
the
community
in
general
how
they?
How
can
they
make
use
of
these
these
assets?
Because
that's
ultimately
the
goal
that
they
are
free
freely
available
following
the
governance
rules
to
be
used
and
and
for
content
to
be
hosted
and
and
and
posted
and
everything?
D
So
this
process
is,
is
essentially
up
to
governance,
but
what
we
did
is
we
created
an
example
of
what
it
could
look
like
and
so
we'll
we'll
go
through
the
most
important
elements
of
that
there
are
certain
restrictions
like
not
not
any
imaginable
processes
is
possible
because
there
are
certain
usage
restrictions,
legal
usage
restrictions,
for
example,
that
the
die
foundation
has
to
comply
with,
but
other
than
that
this
process
is
truly
up
to
maker
governance
to
to
be
shaped
and
to
be
also
to
be
implemented.
D
So,
with
with
that
being
said,
let's
have
a
look
at
the
way
that
we
structured
the
example
which
can
act
as
as
inspiration.
D
So
we
we
basically
started
by
creating
a
number
of
definitions
as
to
how
this
can
be
structured,
and
we
we
split
it
up
in
two
parts
we
said.
On
the
one
hand,
there
is
the
legal
owner,
which
is
the
dye
foundation,
which
has
these
these
these
different
types
of
assets
under
it's
it's
ownership
and
that
could
be
expressed
by
defining
these
asset
classes.
D
D
We
would
specify
the
delegation
method
and
then
indicate
who
would
be
the
technical
delegation
manager
and
the
allocation
administrator.
So,
for
example,
one
asset
class
could
be
a
web
domain
maker.com.
D
So
indeed
this
has
a
name.
It's
a
web
domain,
it's
a
hierarchical
in
nature,
because
a
domain
could
have
other
assets
that
are
that
are
the
children
of
that.
So,
for
example,
email
addresses
for
that
particular
domain
or
a
website
hosted
on
a
particular
domain.
That
kind
of
sits
under
the
the
general
class
of
of
these
of
this
asset
class.
D
For
example,
if
if
someone
is
publishing
content
on
an
official
domain
that
is
owned
by
the
diet
foundation,
then
whoever
is
responsible
for
that
content
needs
to
to
have
a
minimal
contact
information
available
so
that,
if
yeah,
if
regulators,
for
example,
want
to
ask
questions
about
the
content
that
they
can
get
in
contact
with
whoever
published
that
content.
E
Can
I
introduce
the
question
here
sure
does
that
need
to
be
like,
like
can
pseudonymous
entities?
Do
that
or
not
does
it
need
to
be
like
a
first
name
last
name.
D
Yeah
we
we
haven't
like
fully
figured
that
out
with
like
a
legal
audit
or
something,
but
I
think
it's
enough
at
least
to
get
started
with
if
there
is
some
way
of
contacting
that
person
right,
because
basically,
what
we
want
to
avoid
is
that
they
they
default
to
the
domain
owner,
which
is
the
dye
foundation.
Who
is
not
responsible
for
the
content
that
is
being
put
up.
So
that's
that's
the
reasoning.
D
So
as
long
as
there
is
like
other
contact
information
available
to
to
reach
the
the
person
who
is
the
person
or
entity
or
group
that
is
responsible
for
the
content
on
that
domain,
then
that
should
be
sufficient.
So
I
don't
see
how
how
that
would
require
it
to
be
a
natural
person
or
official
entity
thanks
another
example
of
an
asset
class
that
I,
because
this
can
be
quite
abstract.
So
I
I
want
to
do
my
best
to
make
it
as
practical
as
possible.
D
Another
example
of
an
asset
class
could
be
the
social
media
accounts,
so
the
name
would,
for
example,
be
there
it's
a
social
media
account
usage
conditions
will
be
similar
like
there
need
to
be
a
point
of
contact
in
case
there
are
questions
about
the
content
that
is
being
posted
yeah.
I
didn't
mention
the
delegation
method,
so
the
delegation
method
is
very
practical.
This
question
of
how?
How
does
the
die
foundation?
D
How
can
it
delegate
the
usage
of
this
particular
asset
class
to
whoever
would
be
responsible
for
the
content?
So
if
it's
a
domain
that
would
involve
the
dns
configuration
so
the
delegation
method,
there
is
just
to
point
the
dns
configuration
at
at
the
web
server
that
that
would
host
the
content.
D
If
it's
a
social
media
account,
then
it
yeah,
it
could
be
so
using
the
the
configuration
of
that
social
media
account
to
to
give
access
to
someone
else
without
giving
them
the
the
possibility
of
quoting
groups
stealing
that
account.
D
So
that's
that's
what
the
delegation
method
identifies.
The
technical
delegation
manager
is
the
the
role
that
would
do.
That
would
have
the
practical
task
of
configuring
that
delegation
method.
So
if
it's
it's
dns,
then
someone
has
to
configure
the
dns,
so
that
would
be
the
technical
delegation
manager
and
that's
part
of
the
budget
so
to
contract
a
a
party
that
can
do
that
and
then
lastly,
there's
there's
an
allocation
manager,
and
that
kind
of
that
is
the
the
bridge
to
the
community.
D
If
you
like,
and
the
governance
the
maker
governance
controlled
realm
and
that
allocation
manager
or
allocation
administrator
would
be
responsible,
together
with
the
community,
to
define
the
allocation
policy
of
different
asset
instances
once
again
I'll
try
to
give
us
practical
examples
as
possible.
D
So
if
there
is
a
sub
domain,
for
example,
you
know
the
very
important
ones
right
so
vote.maker.com,
for
example,
we
would
imagine
that
this
is
delegated
to
the
ux
core
unit
who
is
currently
responsible
or
who
are
currently
responsible
for
building
the
governance
portal,
and
we
would
imagine
that
this
happens
according
to
a
certain
policy
that
that
the
community
has
decided
on
the
policy
could
be
that
every
core
unit
has
have
the
right
to
claim
one
one
subdomain,
for
example.
Let's
just
make
this
up.
D
Obviously
we
need
to
yeah
with
the
maker
governance.
We
need
to
to
consider
many
many
ways
how
this
would
play
out
and-
and
there
can
be
a
lot
of
discussion
and
input
gathered
as
to
what
these
policies
should
look
like,
but
once
the
policy
is
known,
so
there
are
like
these.
D
These
fairly
objective
rules-
or
maybe
sometimes
it
won't
be
possible
to
create
something
objective-
might
be
part
of
the
the
mandate
of
a
core
unit
to
decide
part
of
these
things.
But
anyway,
once
the
the
rules
are
known,
then
they
can
be
applied
and
these
asset
instances
can
be
allocated.
D
D
The
instances
would
have
an
an
identifier,
so
that's
like,
for
example,
the
literal
url
of
the
subdomain
vote.maker.com
it
would
define
who
who
the
content
manager
is.
So
in
this
case
that
would
be
maybe
the
dux
core
unit.
It
would
define
what
the
delegation
target
is
very
practical.
D
D
Who
is
the
the
party
or
individual
that
takes
care
of
the
you
know
the
technical
hosting
of
the
the
the
web
infrastructure
and
then
imagine
that
there
would
be
some
kind
of
allocation
status
that
defines
if
a
certain
asset
has
been
just
been
requested,
whether
it's,
whether
it's
has
been
approved,
maybe
there's
some
kind
of
contestation
mechanism
where,
if
someone
disagrees
with
the
allocation
of
the
asset
that
they
can,
they
can
contest
that
allocation
things
like
that,
so
yeah
and
once
again
I
want
to
repeat
that
this
is
just
an
example
right,
so
the
details
are
totally
up
to
the
maker
community
and
governance
to
to
work
this
out.
D
But
this
is.
This
is
just
an
example
that
made
sense
sends
to
us
on
the
next
slide.
There
is
a
recap
of
the
different
roles
that
I
mentioned,
so
certainly,
if
you
can
go
to
that.
B
Yeah,
actually
I
skipped
it,
but
here
it
is.
D
Was
still
still
coherent,
it
was
said
to
recap,
so
the
different
roles
that
I
talked
about
there
would
be
the
legal
owner
which
is
the
dye
foundation
which
owns
and
protects
the
ip.
It
also
pays
for
the
ownership
maintenance.
So
this
is,
you
know,
having,
for
example,
the
buying
the
the
domain
names
so
renewing
the
domain
names
and
defining
these
asset
classes
that
I
talked
about
and
the
usage
restrictions
minimal
usage
restrictions,
such
as
when
you
publish
content
that
needs
to
be
contact
information.
D
The
the
dye
foundation
would
work
with
the
technical
delegation
manager,
who
would
have
the
practical
task
of
configuring
these
delegation
methods,
so
they
apply
the
necessary
configuration
to
point
the
asset
instance
to
the
allocated
content
platform
and
then
on
the
side
of
the
community.
D
There
is
the
allocation
manager
that
defines
and
ratifies
the
asset
allocation
policies
together
with
the
community
and
then
nx,
so
they
manage
the
assets
according
to
the
policies,
and
that
would
be
the
content
managers,
the
the
people
that
would
actually
be
responsible
for
administrating,
the
the
the
actual
content
publishing
that
and
yeah,
then
potentially,
that
would
require
technical
content
platform
manager
who
are
contracted
by
the
content
managers
and
they
they
would
have
the
technical
task
of
setting
up
the
environment.
D
So
if
you
you
know,
if
the
content
manager
wants
a
wordpress
website,
then
technical
content
platform
manager
might
be
responsible
for
setting
up
the
hosting
environment
and
installing
wordpress
on
the
app
there
are
in
some
cases
this
isn't
needed.
So
if
there
is
a
sas
platform,
so,
for
example,
the
the
youtube
account
while
youtube
is
doing
the
hosting
and
the
taking
taking
up
the
responsibilities
of
the
technical
content,
platform
manager,
so
yeah
and,
of
course
this
leaves
many
things
undefined.
D
So
there
would
have
to
be
some
mechanism
to
to
actually
elect
or
otherwise
give
the
allocation
manager
their
the
their
responsibilities
and
make
make
these
these
structures
official.
There
would
have
there
would
need
to
be
a
process
to
to
request
allocation
of
a
certain
asset.
D
B
Perfect
thanks
a
lot,
and
so
we
can
before
we
get
to
the
questions.
I
just
want
to
talk
about
the
next
steps.
So
it's
it's
the
formal
submission
of
the
mips
which
is
happening
as
we
speak.
We
also
need
to
make
a
payment
implementation
definition,
so
that
yeah
again
will
will
kind
of
reflect
that.
But
we
need
some
runway,
so
we
propose
a
runway
or
six
months,
and
that
is
not
part
of
the
the
mips
being
submitted.
B
So
that
will
go
into
the
the
next
cycle
as
an
rc
and
on
on
the
mega
dial
side.
As
well
said,
it's
it's
about
yeah,
defining
this
asset,
assign
as
assignment
process
and
and
to
figure
out
yeah.
Who
is
the
actor
that
will
and
mr
the
different
assets
so
with
that?
B
Well,
one
more
thing
again:
if,
if
you
want
to
hit
up
the
board
with
any
questions
or
anything
like
that,
here's
our
usernames
on
the
forum,
so
please
do
that
either
directly
or
write
in
the
forum
and
now
it's
time
for
comments
and
questions.
Please.
E
C
E
C
I'll
go
first,
real,
quick,
sorry,
sorry!
So,
hypothetically,
like
the
name
trump
gets
used
a
lot
in
even
sports
assets
right
and
pretty
sure
it's
permissionless
so
say
hypothetically
and
I'm
gonna
go
into
race,
horse
race,
race,
horse
ownership!
Sorry
about
that
hypothetically
somebody
names
their
horse
die
stable
coin!
C
Anything
related
to
using
the
name
dye.
B
Yeah
in
in
the
trademark
policy,
we
kind
of
tried
to
to
set
out
the
set
out
the
guard
rails
and-
and
you
know
it
has
to
be
kind
of
since
we
have
the
diet
trademark,
any
usage
of
it
has
to
relate
back
to
to
what
dye
really
is
and
and
what
is
coming
out
from
the
maker
protocol,
but
having
a
racehorse
called
buy
stablecoin.
If
this
is
a
community
member
that
donates
all
the
proceeds
from
that
race
to
make
a
protocol,
then
perhaps
it's
okay.
B
But
if
it's
some
yeah,
I
won't
name
names,
but
some
investor
that
runs
a
centralized
chain.
Then
certainly
we
would
would
need
to
take
action
and
and
kind
of
forbid
them
to
use
that
name.
D
So
I
do
think
it's
fair
to
say
that
the
board
sees
the
way
the
board
sees.
This
is
that
the
the
attitude
is
is
rather
on
the
passive
side
right.
So
as
long
as
there
isn't
an
issue,
there
won't
be
any
action.
It's
not
that
way.
You're
like
actively
scouring
the
internet
to
to
detect
any
you
know
technically
impermissible
usage.
D
That's
the
the
the
attitude
is
rather
passive,
but
of
course,
if
you
know
if
this,
if
this
is
perceived
as
an
issue,
for
example
by
the
community
and
and
someone
brings
us
to
the
attention
of
the
dive
condition,
then
that
would
be
when,
when
we
we
take
a
closer
look
at
the
rules
and
and
see
yeah
what
the
the
potential
action
would
be.
C
Yeah,
and
that
would
also
apply
to
somebody
in
johannesburg,
south
africa,
who
opens
a
cafe,
called
dai,
cafe
and
accepts
dye.
D
Yeah,
I
think
that
that
would
be
permissible
according
to
the
the
rules
that
have
been
set
out.
E
Cool
or
maybe
let
me
ask
one
of
my
I'd
like
to,
and
I
made
one
one
to
do
with
more
of
the
foundation
stuff
and
then
one
the
other
one
more
to
do
with
the
allocation
stuff,
but
I'll
start
with
the
foundation
one.
E
So
my
question
is
kind
of
less
related
to
what
happens
in
like
a
fork
right,
so
we've
kind
of
discussed
that
a
little
bit
before
and
what
happens
where,
if,
like
governance,
just
kind
of
decides
that
the
the
original
principles
that
got
voted
on
right,
the
foundational
principles
of
make
it
out
like
are
no
longer
what
like
best
fits
like
protocol
right
like
so
maybe
to
come
to
a
concrete
example
right.
E
E
If
governors
decides
like
okay,
we
want
to
centralize
the
dow
right
and
set
up
an
llc
and
just
operate
out
of
that
like
what
happens
then
in
terms
of
like
the
trademarks,
because,
like
I
I'm
not
always,
I
don't
really
understand
how
these
foundations
work,
but,
but
I
kind
of
I
kind
of
understood
that
the
you
know
that
the
people
on
the
board
were
kind
of
like
legally
obligated
to
enforce,
like
the
things
in
the
trusteed.
Is
that
correct
or
my
misunderstanding.
E
Yeah,
okay!
So
so
what
happens
in
that
situation?
And
if
it's
like
the
dao
decides
that
those
principles
are
no
longer
what
they
want
right
like
because
you
guys
then
have
to
either
enforce
it
and
take
the
trademarks
away
from
like
the
dao,
which
is
like
united
and
governors,
decide
or
like
you
guys,
are
like
legally
liable
right
or
something
yeah.
E
Maybe
I
mean
I
don't
think
that's
necessarily
a
guarantee
like
that's,
maybe
like
a
bad
example.
That's
right,
because
the
centralization
is
one
where
people
are
fairly
united.
I
think,
but,
like
I'm
kind
of
sure,
there's
other
stuff
in
the
trustee
to
make
where
people
are
going
to
be
like
where
governments
might
just
involve
different
opinions
over
time.
Right,
not
like
maliciously,
just
like.
B
B
I
I
I
don't
personally
have
all
the
solutions
at
this
point
in
time
and-
and
I
I
think
also
it
will
be
like
again-
we're
not
set
here
to
be
high
court
or
policemen
or
anything
like
that,
but
to
safeguard
it
according
to
these
principles
and
and
clearly
yeah
as
as
they
if
they
become
stretched,
then
it
certainly
also
will
be
a
discussion
how
to
how
to
act
to
that.
But
I
I
also
think
this
this
again
is
for
the
long
term.
B
I
think
we
need
to
accept
that
there
will
be
some
it's
not
a
straight
line
to
nirvana
and
and
that
there
will
be
we
kind
of
yeah.
Yes,.
E
Somebody
can
clarify
like
I
know
it's,
not
your
intention
in
any
way
to
like
police
this
stuff
right.
I'm
just
worried
that,
like
at
some
point,
almost
inevitably
like
the
board
members
are
gonna,
be
put
in
like
an
untenable
position
right
where
they
either
have
to
choose
between.
E
D
Yeah,
I
think,
to
a
certain
extent
that's
the
reality.
Right
like
there
are
certain
principles
that
that
are
enshrined
in
the
in
the
trustee.
D
Great
care
was
taken
to
be
as
as
as
reasonable
as
possible
right
to
write
them
when,
when
writing
them
up,
but
it
in
in
theory
it.
It
is
the
case,
because
a
large
part
of
the
inspiration
was
the
scenario
where
there
are
two
competing
chains.
Then
how
do
we
have
to
decide
like
which
one
would
be
our
two
competing
protocols?
Whether
which
one
would
be
the
real
maker,
though
right.
D
D
E
D
Yeah,
the
reason
is
that
the
scenario
that
was
specifically
considered
was
where,
where
governance
is
no
longer
united
or
where
governance
is
corrupted
right,
that's
that's
the
scenario
where
the
dive
condition
is
seen
as
like
this
this
other
part,
and
that
still
plays
a
role.
E
D
That's
a
logical
conclusion
right
like
if
you,
if
you
want
to
say
okay,
there
is
this
other
entity
that
that
needs
to
be
a
counter
counter
force
in
case
of
corruption.
Then
you
need
to
have
some
some
kind
of
definition,
what
corruption
means
and
yes,
that
yeah
those
are
the
rules
that
are
put
in
the
trustee.
So
that's
that's
just
yeah.
That
is
the
way
that
it
is
set
up.
E
Yeah,
okay,
yeah,
so
I
guess
the
trade-off
governments
are
making
versus
having
a
thing
that
just
says,
whatever
governance
says
is
that
they
get
that
defense
against
slight
forks
and
like
sort
of
malicious
governance
actions
versus
yeah,
but
like
with
the
risk,
I
guess
that
in
some
at
some
point
the
governance
could
like
legitimately,
deviate
from
like
what
is
seen
as
uncorrupted
and
then
that
could
cause
problems.
E
B
B
E
Okay,
it's
fair
enough,
so
that
means
if
anybody
else
wants
or
has
questions,
feel
free
and
if
not,
I
can
come
back
to
another
one.
C
Yeah,
I
would
have
one
someone
thank
you
for
for
your
presentation.
I
have
one
question:
have
you
have
some
thoughts
about
how
to
deal
with
the
intellectual
property
that
is
generated
by
contributors
or
by
certain
contributors?
Let's
say
it
could
be
a
developer
that
develops
a
certain
feature,
or
it
could
be
some
somebody
from
the
content
creation
core
unit
that
develop
a
video
we
can.
C
We
can
actually
in
a
traditional,
centralized
corporation,
you
make
your
employees
like
ip
assignment
classes
and
these
things
so
how
to
deal
with
with
all
the
total
property
that
is
generated
by
a
decentralized
workforce.
Many
of
them
could
be
dynamos
and
with
no
contracts.
C
Exactly
maybe
would
necessary
to
establish
as
a
guideline
that
each
contributor
that
develops
content
or
any
kind
of
intellectual
property
should
be
assigned.
So
we
have
done
this
in
scs
and
we
have
like
some
of
us
have
have
contract
not
with
the
doubt,
because
that
is
not
possible,
but
we
have
contracts
with
accountable,
that
is
the
payment
processor
and
we
have
their
sort
of
like
an
ip
and
open
ip
assignment
class.
C
Where
everybody
agrees
that
yeah
the
content
that
we
produce
the
ip
should
be
assigned
to
to
an
entity
that
should
be
defined
by
the
facilitator
of
the
core
unit.
So
we
left
that
open
because
our
foundation
will
be
like
ready
to
accept
every
kind
of
id.
Maybe
not
everything
is
relevant,
but
I
think
is
is
important
to
to
take
that
into
account,
because
there
could
be
considerable
value
in
all
the
ideas
be
generated
by
by
the
community.
A
It's
the
dial
right
that
that
wants
to
own
the
ip
and
wants
that
I
be
protected
by
the
dye
foundation
or
by
any
foundation.
So
eventually
it's
the
the
dow
that
says
hey.
We
will
fund
your
core
unit,
but
in
exchange
I
need
you
to
make
sure
that
everything
that
your
contributors
produce
is
part
of
the
or
any
ip
valuable
that
the
that
that
comes
out
of
this.
It
needs
to
be
donated
to
the
foundation,
for
example,.
D
Yeah
exactly
and
then
yeah
and
it
doesn't
doesn't
have
to
be
that
way
right.
So
there
is
a
spectrum
of
possibilities
there
where
it
could
be
a
recommendation
or
maybe
condition
for
being
funded
by
the
dao,
or
maybe
there
could
be
exceptions
or
maybe
there
will
be
discussions
about
like
exactly
which
talking
about
source
code,
for
example,
which
opens
which
open
source
code
licenses
are
acceptable.
D
So
these
yeah
all
these
discussions,
they
they're
perfectly
within
range
for
governance,
to
have
discussions
about
and
enrich
certain
consensus
there
yeah
how
much,
how
much
freedom
the
day
wants
to
allow.
B
So
if,
if
it's
okay,
then
let's
continue
and
have
the
other
questions
from.
E
Sure
yeah,
it's
kind
of
a
more
practical
one,
and
just
that,
like
you
know,
you
laid
out
a
cool
example
for
how
ass
allocation
might
work
and
then
says
in
your
final
slide.
I
think
that,
like
make
a
dao
figure
out
this
allocation
policy
and
set
up
like
what's
the
plan,
if
make
it
out,
doesn't
do
that
because
it's
quite
difficult
to
get
make
it
out
to
do
things.
I've
found
in
the
past.
D
B
D
But
it's
a
fair
question
and
right
now
there
is.
There
is
an
intermediate
policy
in
place
right
where
we
we
we
do
assign
assets
based
on
a
reasonable
assessment,
even
even
by
the
the
tech
ups
team,
taking
care
of
things
on
an
operational
level
today.
But
that
is
temporary,
that
this
is
something
that
can't
be
continued
in
that
way.
D
So
if
there
was
to
be
like
a
serious
issue
with
the
doug
taking
up
that
responsibility,
then
at
one
point
I
do
think
the
dive
foundation
would
have
to
say
well
we're
at
the
point
where
this,
like
the
the
reasonable
assessment
by
the
tech
ops
team
can
can
no
longer
be,
can
no
longer
be
sufficient
to
to
maintain
this
process.
So
right
now
we'll
have
to
freeze,
you
know
we'll
have
to
fix
the
asset
allocation
until
the
dao
comes
up
with
with
a
better
alternative.
So
I
think
that's
yeah.
E
D
Yeah
well,
I
believe
that
the
content
production
korean
expressed
interest
to
do
that
right.
E
Yes,
I
believe
things
it's
well
they've
yeah.
I
don't
know
if
they
want
the
allocation
stuff
or
just
like
the
content
stuff
that
they
were
doing
but
yeah.
D
Yeah,
I
think
it
was
specifically
mentioned
that
the
management
of
the
assets
was
was
part
of
their
their
core
unit.
E
Yes,
for
some
of
the
assets,
I
don't
think
it
was
maybe
all
of
them,
but
I
could
be
wrong.
That's
kind
of
one
of
my
like
sort
of
concerns
is
that,
like
we'll
sort
of
end
up
with
this
really
weird
ad
hoc
process
that
just
comes
in
bits
and
pieces,
as
people
add
responsibilities
to
themselves
so
it'd
be
kind
of
nice
to
get
someone
to
to
actually
sort
out
proper,
like
policy
and
proper
structure,
yeah
totally
agree
but
yeah,
but
I
think
it's
gonna
be
difficult
to
get
anyone
to
do
that.
E
A
Nobody,
it
would
probably
be
good
to
have
a
not
just
a
responsible
person
but
more
of
a
framework.
So
it's
clear
and
and
the
rules
are
transparent
for
everyone
and
what
happens
if
two
different
groups
want
the
same
asset
and
a
long
list
of
etc
and
corner
cases.
E
Yeah
I
mean
honestly,
my
first
thought
was
just
like
give
you
all
the
facilitators
and
have
them
figure
it
out
like
long
term,
that's
probably
not
gonna
be
super
scalable,
but
like
that,
might
work
for
the
short
term,
like
I
think
it's
more
difficult
to
have
like
a
policy
which
is
can
cover
like
everything
right
you.
I
think
you're
always
going
to
need
someone
who
has
to
adjudicate
weird
edge
cases.
D
Yeah,
we
should
also
not
overestimate,
like
the
number
of
assets
that
the
dive
condition
holds
right
like
there
are
yeah.
There
are
a
few
main
domains:
yeah,
there's
the
the
github
org
or
a
few
social
media
accounts,
but
that's
it
right
and
then
outside
of
that,
the
core
units
can
of
course,
register
any
domain
they
want
and
and
and
organize
among
themselves
how
they
want
to
to
use
those.
E
Yeah,
that's
that's
really
true
like
this.
That's
the
other
thing
that
maybe
maybe
this
whole
discussion
is
overkill
right.
Maybe
we
don't
need
a
massive
policy
and
we
just
need,
like
I
don't
know,
some
group,
like
I'm,
really
concerned
about
giving
it
to
anyone
person
right
it'll,
be
nice
to
have
like
a
multi-stick
sort
of
thing
of
people
to
manage
it
rather
than
just
like
one
person.
A
E
D
Yeah
that
discussion
will
definitely
like
will
definitely
continue
in
the
forum
and
we'll
need
to
figure
something
out.
I'm
sure
we'll
be
able
to.
A
E
C
E
Like
what
they
expect
when
and
stuff
so
yeah,
if
it's
a
addition
that
like
aids
clarity
or
explains
how
we're
actually
supposed
to
pay
the
budget,
then
that's
maybe
fine.
A
D
No,
I
wouldn't
delay
it.
I
would
just
go
with
long
suggestion
and
then
indeed
also
submit
a
new
rfc
so
that
it
gets
confirmed
by
an
mpr.
E
B
A
And
then
yeah
it
should
be
included.
Then
in
the
in
the
next
governance
cycle
and
yeah.
I
don't
think
I'm
forgetting
anything
I
think
certainly
already
covered.
Where
can
people
find
you
and
and
write
hate
email
to
you
if
they
are
not
agreeing
with
what
the
type
foundation
is
doing.