►
From YouTube: Meet Your Delegate | Ep. 6 Ft. GFX Labs
Description
Introducing one of the proposed delegates for MakerDAO Governance, GFX Labs.
Maker Forum: https://forum.makerdao.com/
Maker Chat: https://chat.makerdao.com/
Host - LongForWisdom
Forum - LongForWisdom
Chat - LongForWisdom
GFX Labs
Forum - GFXlabs
A
A
We
give
the
give
the
new
delegates
a
chance
to
kind
of
run
over
their
platform
a
little
bit
for
a
few
minutes,
and
then
we
sort
of
open
it
up
to
a
sort
of
general
qa
session,
where
anyone
is
free
to
sort
of
ask
ask
questions
about
the
platform
or
about
the
sort
of
backgrounds
or
any
of
that
so
yeah.
This
meeting
is
being
recorded.
So
please
sort
of
try
to
talk
over
each
other
yeah.
I
guess
let's
get
stuck
into
it
so
yeah
chris.
B
Sure
a
lot
of
you
already
know
me.
As
paper
imperium,
I
was
already
a
recognized
delegate
under
my
own
personal
company
field
technologies,
which
that
contract
is
going
to
be
retiring
by
then
by
the
end
of
the
month.
Well,
the
30
days
notice
has
been
given,
and
I
am
now
proud
to
be
working
with
gfx
labs,
which
is
a
new
startup
out
of
chicago.
C
C
A
C
Sure
yeah,
the
general
gist
is,
is
that
we're
we're
not
a
fun,
we're
literally
a
team
of
builders.
Everyone
on
the
team
has
you
know,
especially
when
it
comes
to
governance
stuff.
We
believe
we're
not
trying
to
go
out
and
do
like
a
million
different
protocols
and
be
a
name
that
we
get
to
throw
around
and
say.
Oh
look,
we
did
like
20
different
protocols
of
governments.
We
did
the
proposals
on
each
of
them
or
something
like
that's.
That's
not
what
we're
about
I've
been
really
involved
with
compound.
C
C
Make
money
of
course
like
there
is
like
some,
you
might
have
to
make
money.
Ultimately
we
are
startup
after
all,
but
in
the
grand
scheme
of
things
like,
we
don't
have
the
the
same
type
of
purview.
Yes,
like
we'll
probably
get
votes
from
some
of
the
funds,
but
that's
like
the
hope
is
to
get
delegate
votes
from
them,
but
generally
speaking,
they're
all
very
kind,
and
they
understand
that
hey
we've
done
good
work
on
these
other
protocols.
We've
driven
value,
we've
helped
improve
the
protocols.
C
They
don't
ever
really
message
me
and
say:
like
hey,
you
got
gotta
vote
this
way.
You
gotta
both
ask
this
way.
You
should
do
this
or
that,
like
they,
they
understand
the
gist.
They
know
that
we're
gonna
drive
value.
We
we
look
for
our
compensation
on
a
protocol
basis.
We
understand
that
this
is
like
an
emerging
field
and
that
there's
going
to
be
a
lot
of
lot
more
questions
and
answers
to
how
to
do
this
stuff.
C
C
We
do
a
lot
of
things
at
gfx
and
governance
is
just
part
of
it,
so
the
governance
team
right
now
is
chris
another.
Another
nice
guy
named
face
shaver
on
the
on
the
on
the
fade
protocol,
who
does
fake
protocol
stuff
myself
for
doing
compound
uniswap,
and
we
do
all
of
these
each
of
us
like
kind
of
leads
each
individual
one,
but
then
we
help
and
audit
each
other's
decisions
and
thoughts
and
proposals
on
each
of
them.
C
So
when
you
guys
see,
as
we've
been
posting,
how
we're
voting
on
the
all
the
different
polls
that
are
coming
through
chris
has
been
doing
an
awesome
job
and
helping
the
rest
of
us
who
aren't
so
familiar
with
maker
dow
understand
all
the
different
various
polls
and
digesting
that
information
and
then
we're
using
some
of
the
knowledge
we
have
from
other
protocols
to
be
like
hey.
We
should
be
doing
the
stat
or
whatever.
How
can
we
improve?
B
No,
I
don't
think
so,
but
just
responding
to
some
kind
of
a
line
of
questions
in
the
sidebar
here
about
so
gfx
will
receive
the
delegation
pay
for
this
contract,
because
it's
theirs
and
just
to,
I
guess,
maybe
cut
to
the
chase
of
of
this
line
of
questioning.
You
know
why
would
I
want
to
go
from
having
my
own
contract
to
working
with
gfx.
B
Quite
frankly,
I
think
the
future
of
delegation
is
going
to
be
to
bring
delegates
in-house
with
with
in
in
groups
and
and
companies
that
can
provide
them
with
the
economic,
legal
and
technical
advice
and
expertise
that
helps
them
make
informed
decisions.
I
think
it's
no
secret
that
here
at
maker
we've
really
suffered
from
delegates
not
having
access
to
the
expertise
that
they
really
want,
and
it
has.
B
It
has
led
to
a
lot
of
circular
arguments
and
reasonings
around
a
number,
a
number
of
different
topics,
such
as
the
the
deco
protocol
proposal.
I
mean
that's
the
kind
of
thing
where,
if
we
had
access
to
easy
legal
advice
like
this
would
have
been
a
a
settled
issue
months
ago.
So
I
think
there's
big
advantages
to
being
inside
a
a
slightly
larger
organization
where,
where
there's
you
can
develop
professional
expertise
in
in
protocol
governance.
So
I
think
it's
just
better
than
going
alone.
C
I'll
tack
on
to
that
one
of
the
really
cool
parts
is
we
a
lot
of
us
have
different
perspectives.
So
myself
and
my
co-founder,
we
worked
at
grapefruit
training
for
the
last
three
years
and
and
in
particular
got
you
know,
our
expertise
became
doing
d5
based
trading
and
understanding
protocol
risk
and
liquidity
and
markets
so
like
we
are
extremely
familiar
with
what
it
feels
like
and
to
use
all
these
different
apps
putting
size
through
these
apps.
C
What
all
the
liquidity
and
markets
side
of
this
so
like
all
the
protocols
will
ever
participate
in
at
least
seemingly
right
now
are
all
gonna
be
like
finance
based?
That's
what
everyone's
background
is
on
the
team,
and
we
also
have
what's
really
cool
is
whether
the
guy
who's
on
phase
a
phd
candidate
for
econ
at
a
grade
school
in
the
united
states
and
so
like.
We
have
just
a
great
collection
of
opinions
and
views
on
stuff
in
addition
to
having
developers
solidity
knowledge,
just
just
great
knowledge
all
around.
C
C
Yeah
the
the
tentative
plan
right
now
is,
none
of
us
are
gonna,
be
posting
individually
on
the
on
the
forum,
all
the
all
the
comms
will
come
through
the
gfx
labs
handle
and
we'll
be
signing
individually
like
our
names
to
like
each
of
them,
but
you
can.
You
can
know
that,
like
all
the
posts
are,
will
be
the
opinions
of
the
of
the
firm.
B
Yeah
and
for
those
who
have
asked
the
paper
imperium
handle,
you
should
expect
to
see
very
little
of
that
going
forward.
I
will
periodically
check
it
for
dms
for
direct
messages,
just
because
a
lot
of
people
know
to
find
me
there,
but
anything
that
is
an
actual
opinion
or
position
of
gfx
labs
will
come
through
the
official
gfx
labs
handle.
E
F
B
So
at
the
moment,
on
paper
imperium
on
there
as
a
point
of
contact-
and
I
generally
try
to
avoid
weighing
in
on-
and
you
know
this-
this
may
be
imperfect
for
the
first
week
or
two,
but
I
I'm
generally
trying
to
avoid
weighing
in
on
anything
that
would
be
contentious
or
up
for
a
vote.
I
mean
you
know
I
was
just
on
there.
We
were
several
of
us
were
brainstorming
about
just
you
know,
ways
to
control.
You
know
peg
about
novel
ways
to
control
going
under
peg.
B
E
B
Yes,
so
obviously
you
can
you
can
dm.
You
know
the
gfx
labs
handle
on
if
you
prefer
to
communicate
through
the
forum,
but
most
people
prefer
something
that's
a
little
quicker
and
more
user-friendly,
so
feel
free
to.
You
know
certainly
reach
out
to
me
on
discord
or
whatever
your
preferred
platform
is
where
you
can
actually
find
me.
B
Just
remember
that
you
were
talking
to
me
and
that
you
know
I
will
have
my
own
opinions
that
I
and
recommendations
that
and
then
we
internally
discuss
it
and
we'll
publish
our
our
informed
opinion
at
the
end.
But
but
certainly
if
you
have
input,
it's
definitely
how
I
will
solicit
input
all
right,
sweet,
very.
C
C
I've
definitely
been
on
the
side
of
like
putting
a
lot
of
effort
into
government's
proposals
to
only
watch
them
get
like
shot
down
because,
like
a
large
contributor,
didn't
voice
their
opinion
early
on
and
then
you
have
to
go
back
and
rework
the
entire
thing.
I
know
that
first
hand's,
very
frustrating,
and
so
we'll
be
we'll
do
our
best
to
try
to
prevent
causing
that
pain
for
for
anyone
else.
C
C
Else
has
other
ones
here
we
can.
We
can
do
that.
First,
all
right,
so
yeah
astronaut
asked
a
few
things,
one
of
which
was
what
is
the
motivation
for
paper
imperium
to
switch
to
from
field
technologies
to
gfx
labs?
I
think
we
already
covered
that
one
and
just
the
the
the
org
the
ability
to
work
with
you
know
in
in
in
a
unit.
Why
does
the
company,
as
an
entity,
want
to
be
involved
in
governance
across
different
protocols?
C
Why
do
you
expect
such
involvement
to
be
profitable,
despite
holding
no
crypto
positions?
Yeah?
That
just
is
there
is
you
know,
the
the
world
of
governance
is
largely
untapped
across
protocols
and
in
the
grand
scheme
of
things,
with
the
exception
of
like
make
or
dial
like
governance,
has
really
only
existed
for
like
a
year
and
a
half
for
most
protocols
for,
like
you
know,
comp
tokens.
C
We
are
trying
to
make
money,
we'll
definitely
look
to
get
compensated
for
the
value
that
we
provide
to
protocols
in
a
meaningful
fashion,
so
we'll
definitely
be
transparent
about
that,
as
anyone
outside
of
paper
appear,
I'm
going
to
be
involved
in
the
voting
decisions
yeah.
I
think
we
already
addressed
that
that
we
make
decisions
on
a
team
basis
over
here
with,
like
a
single
point
person
for
protocol.
C
What
amount
of
time
per
week
do
you
think
paper
mirror
and
others
will
be
involved
yeah?
This
is
this:
is
chris
full-time
gig
pretty
much?
He
does
some
other
stuff
for
d5
fun,
but,
like
this
is
that's
one
of
the
beauties
by
us
employing
him
like
he
gets
to
do
this
all
the
time.
We
think
that's
meaningful
for
him
to
be
able
to
do
that
and
for
us
to
focus
on
governance
things
everywhere.
So
answer
is
a
lot
of
time.
G
B
Yeah,
I'm
happy
to
take
this
one,
because
I
have
some,
I
think,
well-developed
thoughts
on
it.
So
I
I
generally
agree
with
what
hassou
and
monae
supply
were
saying.
I
think
in
particular
with
maker
though,
and
it's
the
the
argument
perhaps
has
less
weight,
and
this
is-
and
this
should
not
be
taken
as
necessarily
a
pro
burn
lots
of
mkr
stance.
B
I
I
do
pers
like
the
the
burning
mechanism,
but
in
to
what
degree
and
how
much
is
always
an
open
question,
but
when
it
comes
to
retained
earnings,
so
the
difference
is
that
maker
is
uniquely
positioned
amongst
d5
protocols,
in
that,
if
it
has
something
that
it
is
worthwhile
to
spend
money
on
in
particular,
if
it's
an
investment
it
can,
you
know,
create
die
right
it
can
it.
Can
you
know
those
those
obligations
can
back
die.
B
B
Maker's
main
line
of
operations
is
in
the
creation
and
guarantee
of
of
of
user-generated
die.
Then
you
know
it's.
The
cost
of
capital
is
very
low
for
maker,
but
just
simply
because
sourcing,
it
is
so
easy
for
most
purposes.
So
I
would,
I
would
say
I
think
they
were
spot
on.
But
maker
is
a
is
a
strange
bird.
So
for
many
expenses
I
don't
think
that's
really
relevant.
G
B
B
That's
literally,
what
happens
every
time
someone
deposits
eth
into
a
vault
you
know
maker
can
also
do
that
of
its
own
account,
presumably
right
and
that's
what
we
do
when
someone
trades
maker,
usdc
or
usdp
as
a
new
die,
is
minted.
It's
it's!
It's
you
know
maker
has
acquired
that
usdc
or
usdp
by
creating
a
die.
Now
maker,
of
course,
has
a
strong
commitment
to
always
be
over
collateralized,
so
even
with
the
very
safest
collaterals,
you
would
still
need
to
to
meant.
D
B
Are
exceptions
where
this
might
make
sense
like
stockpiling
cash,
to
pay
for
personnel
in
a
revenue,
drought,
or
something
like
that,
because
we
cannot
easily
mint
diet
to
pay
for
people,
but
if
we
see
a
project
we
want
to
partake
in
and
are
confident
in
it,
then
you
can
die
against
it.
Yes,
that's
that's!
What
maker
does.
C
A
C
F
C
Yeah
I
mean
in
the
same
in
the
corporate
world.
There's
a
lot
you
know.
Corporate
governance
is
a
very
popular
thing
that
occurs
everywhere
and
lobbying
people
to
get
your
initiatives
done.
Is
it
already
existing
fashion?
I
I
don't.
I
don't
believe
that
will
like
not
occur
in
d5
as
well,
in
governance,
we're
not
all
that
different
in
reality.
So
in
my
mind
it's
inevitable.
C
We
certainly
have
seen
those
collaborations
on
other
protocols
and
in
the
grand
scheme
of
things
where,
in
all
these
protocols
to
to
reach
quorum
or
to
get
your,
you
know,
proposal
if
passed,
executive
and
implemented,
you
need
a
substantial
amount
of
assets
to
do
that.
We're
gonna
we're
gonna
need
to
be
friendly
with
one
another
and
who
knows,
perhaps
political
parties
will
will
form
over
time.
C
My
guess
is
it'll,
be
it
won't
be
nearly
as
formal
as
what
the
current
actual
political
system
is,
but
more
like
the
corporate
governance
system
question
in
the
chat.
What
is
the
profit
model
if
no
assets
are
held
yeah,
so
I
mean
well,
there's
two
part:
there's
two
parts
to
this
one.
You
know,
gfx
labs
has
two
actual
like
regular
products.
We
have
ether
lands
which
is
like
a
fun
video
game
that
we're
developing,
which
is
like
ostensibly
minecraft
on
the
blockchain
y'all
should
check
out.
C
We
have
a
play
test,
that's
quietly
running
right
now
on
easylands.com
and
that's
what
like
majority
of
the
team
is
currently
working
on.
We
also
have
like
our
more
like
boomer
product
for
less
of
a
term
that
I
think
will
be
really
exciting
and
that's
poppy,
which
is
like
the
d5
credit
card
and
pretty
much
users
can
be.
Can
the
idea
is
people
should
be
able
to
put
up
their
eth
or
any
other
coin
go
down
to
starbucks,
whatever
swipe
it
use
borrowed,
usdc
or
whatever
to
pay
for
their?
C
You
know
their
assets
essentially
like
right
now.
Everyone
does
this
or
a
lot
of
people.
Do
this
they'll
put
up
assets
and
make
their
daughter
or
obviously
a
compound
they'll,
withdraw
usdc
or
something
coinbase
get
in
their
bank
account,
but
it's
just
exhaustive
process
so
in
particular
the
governance
efforts.
You
know
it's
two
part
one
like
we
hope
to
be
seen
as
a
an
interesting
place
to
work.
That
is
a
for.
C
You
know
a
formidable
of
force
and
governance
that
does
really
cool
things
and
that
you
know
can
help
us
attract
talent,
as
we
hiring
is
hard
these
days
and
then
the
other
part
too
is
we
definitely
look
to
to
get
compensated
for
our
participation
and
the
value
that
we
provide
to
protocols
over
time.
So
yeah.
A
C
Yeah.Com
joshua
found
that
that's
like
recently,
the
only
the
only
set
we
have
up
to
other
sites
that
don't
really
exist
yet
and
also
the
freelance
thing
is
very
much
still
in
a
play
test
so
like.
If
you
do
find
a
blog
hop
on
the
discord.
Let
us
know
I'm
almost
certain
you
will
find
one,
but
it's
in
a
pretty
good
state.
It's
I
don't
want
to
go
into
much
of
a
tangent,
but
that's
a
pretty
exciting
project.
That's
really
meant
to
help.
C
You
know
get
people
who
know
nothing
about
crypto
into
crypto.
We're
going
to
do
some
neat
things
with
meta
transactions.
That'll
be
happening
this
week,
so
you
won't
actually
need
any
crypto
during
the
play
test
to
play
the
play
test
and
everything
is
done
on
mainnet,
polygon
and
whatnot
yeah.
But
that's
a
tangent
I'll
I'll
leave
it
here.
If
you
guys
have
any
more
questions.
C
C
Yeah,
so
you
know
in
the
context
of
a
maker
dao,
I
think
we're
gonna
be
looking
to
get
our
feet
wet.
First.
Make
sure
that
we
can,
you
know,
instill
some
good
faith
into
the
community
that
we're
truly
here
to
do
some
productive
things
and
once
we've
built
up
some
more
infrastructure
on
our
side,
we're
gonna,
we'll
definitely
explore
a
bit
more
about
which
model
makes
those
sense
for
for
both
parties.
H
C
We
don't
want
them
to
spray
and
pray
to
other
protocols
and
at
the
same
time
we
are
hiring
for
a
lot
of
things
for
both
the
products
that
we're
building
and
for
governance
stuff,
if
you're
interested
in
doing
that,
we
are
us-based
chicago-based.
So
huge
grown-up
points
if
you
are
in
chicago
willing
to
move
to
chicago,
but
I
won't
show
working
for
us
too
much,
but
I
would
be
very
excited
to
talk
to
anyone
who
wants
to.
H
Yeah,
I
think
you
kind
of
answered
it,
but
my
question
was
specifically
about
the
challenge
for
delegates
to
form
an
opinion
about
different
proposals
or
even
in
a
single
proposal
that
might
require
different
areas
of
expertise.
So,
for
example,
one
can
be
at
the
same
time
an
expert
in
variable
assets,
legal
structures,
as
well
as
smart
contract
security,
as
well
as
as
well
as
operations
and
finance,
for
example,
or
governance.
C
Yeah,
sorry,
I
I
guess
I
missed
that
we
definitely
have
team
members
who
are
very
good
with,
like
the
economic
standpoint
of
this.
Chris
is
aptly
good
with
the
regulatory
side
of
this
stuff
and
the
legal
side
of
this.
I
I
say
I
would
be
more
so
in
in
the
the
cover
all
or
perhaps
operations.
We
got
team
members
who
are
very
good
with
solidity
and
can
help
look
at
solidity,
things
and
write
things
as
well,
so
yeah,
it's
it.
We
definitely
don't.
C
We
don't
want
anyone
on
the
team
to
feel
like
they're
like
taking
a
load
and
or
trying
to
give
in
uninformed
opinions.
If
we
don't
have
a
great
opinion
somewhere
like
we
will
just
not
contribute
on
that
or
say
we
don't
have
an
informed
one
or
try
to
become
informed.
Hopefully
so,
hopefully,
that's
a
good
answer
to
your
question.
B
B
H
Yeah,
thank
you
for
that,
and
the
the
next
question
then,
is
to
like,
because
some
of
the
positions
that
you
take
they
they
need
to
necessarily
fit
in
a
vision
right
because,
for
example,
yeah
talking
about
like,
for
example,
the
compensation
and
the
dow
like
should
be
market
rate.
Should
it
be
above,
it
should
be
below
it.
All,
options
could
be
valid
depending
on
what
your
strategy
is
right.
H
B
H
H
The
more
specific
you
get
at
one
point,
you
start
more
or
less
holding
the
pen
of
the
proposal.
Do
you
think
that
delegates
should
ever
put
forward
their
own
proposals?
Because
ultimately,
your
best
opinion
is
what
you
write
yourself
right
so
and
if
not
is
what
is
the
line
exactly
that
is
across
there
and
he
thought
about
that.
C
Yeah,
it's
just
you
know.
In
the
grand
scheme
of
things,
there's
a
million
things
we
would
love
to
do,
there's
so
much
low-hanging
fruit
in
the
world
of
governance
right
now
and
participating
in
protocols
there's
a
lot
of
optimizations
that
could
be
clearly
made,
but
we
can't
possibly
do
all
of
them
so
in
in
order
to
really
make
any
protocol
productive
requires
helping
people,
I
think
we
would
definitely
take
more
of
the
opinion,
is
like
we're
going
to
push.
C
You
know
certain
initiatives
for
that
we
believe
are
important
in
time,
but
mostly,
if
someone-
you
know
having
a
hard
time,
navigating
governance
or
you
know
getting
the
attention
that
you
deserve
like
those
are
things
that
we
believe
are
important
to
help
people
and
the
only
way
we
can
build
a
constructive
protocol
is
to
is
to
to
make
sure
others
have
a
have
a
platform
to
actually
grow.
I
mean
everyone
starts
out
from
from
zero.
At
some
point.
H
Yeah,
so
my
takeaway
is
that
you,
you
do
believe
in
very
active
participation
rather
than
a
passive
approach,
where
you
just
you
say
yes,
no
to
the
to
the
proposals
that
are
coping
in.
You
see
yourself
having
a
role
in
actually
shaping
the
content
of
those
proposals
and
without
defining
like
exactly
how
that
for
how
far
that
would
go
right.
C
B
And
I
I
do
like
to
think
that
the
recommendations
that
gfx
has
already
been
making
over
the
last
week-
or
so
I
I
think,
are
some
among
some
of
the
more
detailed
explanations
that
have
been
published
by
either
myself
previously
or
by
other
delegates.
So
I
I
do
think
there
needs
to
be.
I
agree
there
should
be
detailed
reasoning
to
help
help
guide,
guide
people's
opinions
and
discussion.