►
From YouTube: LexMaker 1 (I): Dai Foundation & Maker IP
Description
LexMaker is another set of conversations brought to you, in part, by SES.
As LayerZero and Astrogator attempt to scale Maker all things legal, we will be opening the conversation to a broader community. Regulation, IP, Licenses, you name it.
Agenda: https://forum.makerdao.com/t/lexmaker-1-i-dai-foundation-maker-ip/8528
Governance Forum:
https://forum.makerdao.com/
Disclaimer: These calls and the summaries are produced and hosted by MakerDAO community members. Content produced by the community are not the statements or views of the Maker Foundation.
A
Hey
everyone
welcome
again.
My
name
is
juan
from
the
sustainable
ecosystem
scaling
core
unit,
and
we
decided
to
start
this
lexmaker
series
to
speak
about
different
things
related
to
regulation.
Ip
licenses
different
things
along
those
topics,
so
the
the
first
thing
that
we
wanted
to
discuss
is
the
dye
foundation
and
the
maker
ip.
So
anything
that
has
to
do
with
the
with
the
intellectual
property
right.
So
today,
yeah
I'm
joined
by
a
bunch
of
people
enthusiasts,
and
I
don't
know
if
it's
the
whole
board
of
the
of
the
dive
foundation.
A
You
can
guys
correct
me
on
that
one,
but
yeah
they're
going
to
explain
a
bit
how
this
is
going
to
roll
moving
forward
and
taking
questions
from
the
community
so
soren.
If
you
want
to
introduce
yourself.
B
Abs,
absolutely
thank
you
very
much
for
having
created
this
venue
for
us
tonight,
so
I'm
I'm
chair
of
the
board
of
of
dye
foundation
and
and
really
looking
forward
to
get
this
hour
to
to
dig
deeper
into
into
what
what
we're
doing
and
what
we
want
to
do.
I'm
joined
by
my
distinguished
cohort
members
or
whatever
you
call
it.
We
have
a
hands
henrik.
B
B
We
do
have
yasik,
who
is
clearly
on
a
global
scale,
one
of
the
most
knowledgeable
persons
about
the
regulation
into
crypto
and
and
then
we
have
wowder,
who
I
believe
I
don't
know
whether
you
left
the
maker
foundation
but
soon
will,
and
he
clearly
had
a
finger
or
two
into
launching
mcd,
so
so
yeah
I
I
will
be
presenting,
but
but
clearly
the
whole
board
is
is
here
to
to
engage
with
you
and
hopefully
answer
what
questions
you
have
hello.
B
For
being
late,
no
worries,
you
actually
made
it
just
in
the
nick
of
time,
so
I
will
let
me
let's
test
well.
I
actually
can't
share
my
screen
now
hosts
disabled
participant
screen
sharing.
So
I
don't
know
whether
you
can
give
me
any
additional
powers.
Trey
ginsberg
yup
got
it
and
we
have
something
to
share
here
and
I.
B
I
just
yeah,
if
I
do
say
present
so
I
I
do
have
a
lot
of
slides
I,
if,
if
you
will
bear
with
me,
I
will
try
to
walk
quickly
through
them,
so
we
have
ample
time
for
questions
and
answers,
but
but
what
I
really
want
to
go
go
through
is
a
little
bit
yeah.
Why
and
what
is
dye
foundation?
What
are
the
assets
where
we're
holding
going
back
and
looking
a
little
bit
the
this?
This
is
not
something
that
was
created
yesterday.
B
Why
have
we
been
so
quiet
and
then
live
into
where
we
are
now
and
what
we
we
are
aiming
for
next
and
and
also
look
at
yeah?
What
would
I
what?
What
are
we
looking
into
that
that
actually
is
needed
for
for
dye
foundation
to
support
the
maker
protocol
in
in
funding,
so
yeah
that
that's
what's
coming,
you're
always
welcome
to
break
in,
but
again
I
will
try
to
walk
through
this
relatively
quickly
and
then
hopefully
we
can
have
ample
time
to
discuss
the
different
topics
after
I've.
B
Given
you
this
brief,
because
yeah,
some
of
the
things
you
want
to
ask
may
be
answered
through
the
slides.
So
without
further
ado,
I
believe
from
what
I
see
a
lot
of
you
were
won.
The
governance
risk
call
last
week,
so
so
yeah,
the
the
the
questions
that
that
by
foundation
is
set
out
to
solve
that
is
stuff
like
yeah.
What,
if
somebody
launches
a
coin
on
another
blockchain
and
calls
it
die?
How
do
we
handle
that?
B
B
B
It
was
was
part
of
the
bootstrapping
of
the
make
a
foundation
to
get
get
the
mega
protocol
up
and
run
there.
It
was
was
clear
that
yeah,
even
though
almost
everything
can
be
decentralized,
there
still
is
a
a
couple
of
bits
in
the
mega
protocol.
That
cannot
be
decentralized.
So,
therefore,
dive
foundation
was
created
as
an
independent
legal
entity,
non-profit
and
mandated
very,
very,
very
narrow,
specific
purpose
and
and
yeah,
where
it's
located.
It's
created
in
denmark,
which
actually
has
a
very
very
long
tradition
for
non-profit
organizations
and
and
yeah.
B
B
They
are
also
distant
to
kind
of
be
under
control
of
of
the
dye
foundation
and
then
obviously
logos
other
brand
materials
that
support
the
support,
trademarks.
That's
one
thing:
the
other
thing
is
also
the
software
making
up
the
maker
protocol
and
it's
it's
one
thing
is
yeah.
The
core
maker
protocol,
but
die
foundation
actually
also
accepts
copyright
on
on
things
that
clearly
are
supportive
of
of
the
maker
protocol.
So
that's
that's
kind
of
there's
a
there's.
A
lot
in
this
but,
on
the
other
hand,
still
also
a
very
specific
end
and
narrow
mandate.
B
Die
foundation
has
to
adhere
to
a
number
of
principles
in
the
interest
of
time.
I
will
not
go
through
them.
It's
it's
very
similar.
What
is
what
is
the
governance
principle
for
mega
tao?
I
will
just
kind
of
say
say
it's
it's
for
this
to
be
a
public
good,
that's
kind
of
what
is
our
mandate
and,
at
the
same
time,
dye
foundation
doesn't
want
to
kind
of
while
it's
safeguarding
assets,
take
them
and
lock
them
away
in
a
black
box.
B
We
we
have
reviewed
it
with
with
some
of
you.
We
haven't
really
announced
it
begin
widely,
but
but
it
is
actually
an
approved
trademark
policy
and
and
just
to
give
you
some
kind
of
examples
on
how
we,
on
the
one
hand,
want
to
make
sure
that
nobody
is
ripping
off
the
mega
trademarks
but
at
the
same
time
also
want
to
make
sure
that
they
can
be
used.
As
far
as
widely
to
support
the
growth
of
the
mega
protocol,
I
will
I
will
try
and
walk
through
a
couple
of
examples
from
the
trademark
policy.
B
One
of
the
the
requirements
for
being
allowed
to
use
the
trademarks
is
that
you
use
the
trademarks
in
a
manner
that
is
fair
and
yeah.
What
does
that
mean?
Well
in
the
policy?
We
have
examples.
So
if
you
are
a
software
supplier,
you
can
say
we
accept
die
as
payment
for
our
nfc
toolkit,
that's
totally
legit
and
to
show
the
die
logo
in
in
in
connection
with
that,
because
it
it
simply
states
yeah
that
die
is,
is
an
accepted
form
of
payment
and
a
preferred
form
of
fame.
B
Perhaps
another
example
can
be
a
software
supplier
that
uses
the
mega
trademark
and
says
the
maker
toolkit
for
building
ntfs
is
what
they're
selling,
and
that
is
not
legit,
because
here
this
company
has
a
toolkit
for
building
ncfs
and
they
want
to
try
and
associate
their
product
with
the
trust
of
the
maker
brand.
So
that's
not
fair
use
of
the
mega
trademark.
B
Other
examples
is
yeah:
do
not
use
the
trademarks
in
in
the
name
of
your
company
or
in
your
product
or
your
service
app
or
your
domain
name
without
making
sure
you
clarify
what
is
how
is
it
that
your
company
or
your
product
or
your
service
relates
to
the
maker
protocol?
B
So
an
example
of
what
is
right
is
yeah.
Somebody
wants
to
call
their
product
make
a
clue,
and
that's
okay,
if
they
kind
of
say
it's
make
a
glue,
the
best
toolkit
for
integrating
with
a
maker
protocol.
On
the
other
hand,
if
they
simply
say
this
is
make
a
clue
there,
it's
not
clear
for
potential
users
what
the
product
does
and
and
yeah
it
can
be
anything
so
that
that
is
not
the
way
to
to
use
it.
B
And
finally,
the
last
example
do
not
use
the
trademarks
as
part
of
an
advertising
campaign
or
other
commercial
use.
Unlays
again
what
you
do
is
truthful
and
descriptive,
so
you
certainly
can
can
talk
about
the
advertise
for
for
your
company
called
acme
finance
and
then
say
your
go
to
team
for
building
on
maker
and
then
show
the
maker
logo.
B
B
This
is
a
very
again
a
very
tiny
thing
about
of
the
full
area
of
the
projecting
the
assets,
but
hopefully
gives
you
an
idea
of
some
of
the
tasks
that
that
is
on
on
the
dye
foundation,
to
kind
of
give
guidance
about,
and
a
lot
of
people
may
ask
okay:
why
do
we
need
a
foundation
to
to
do
this?
Can't
it
just
be
under
governance
control
and
they
can
say
who
can
use
the
trademarks
and
not
the
thing
is
they
need
the
need?
Let
me
actually
move
forward.
B
They
need
to
be
somebody
who
can
represent
the
trademark
and
in
the
real
world,
where
you
have
to
actually
put
cease
and
desist
orders
to
others
and
stuff
like
that,
they
don't
accept
that
from
from
some
undefined
kind
of
team
or
anything
like
that,
you
need
to
be
a
legal
entity.
So
so
there
needs
to
be
a
legal
entity
and
yeah.
We
went
through
the
trademarks,
that's
a
really
good
example
of
why
you
need
to
make
sure
that
somebody
doesn't
certainly
call
their
coin
die
without
having
any
connectivity.
B
B
D
B
B
We
are
moving
moving
on
to
different
jobs.
So
in
in
principle
you
could
say
everybody
are
independent
but
still
have
a
history.
B
We
also
looking
to
extend
the
board
to
seven
members
where,
where
we
would
ask
make
a
governance
to
appoint
two
more
members,
so
we
can
assure
that
that
we
do
have
all
the
different
points
of
view
represented
on
the
board
and
still
have
independent
board
members.
B
Die
foundation
is
not
a
new
thing,
but
we've
been
very
low,
as
you
can.
If
you
look
in
the
forum,
I
think
there
are
only
two
postings
from
us
or
something
like
that,
even
though
we
actually
go
almost
two
years
back,
so
it
was
created
in
2019,
where
the
trustee
was
signed
by
the
initial
board
and
already
at
the
end
of
2019,
make
a
foundation
transfer
they
die
and
make
a
trademarks
where
we
also
post
it
in
the
forum.
B
Then,
as
we
moved
into
2020,
multi-collateral
die
started
to
take
off.
We
had
black
thursday,
then
thai
foundation
ended
up
being
sued
in
a
class
action
lawsuit
together
with
the
maker
foundation
and
and
that
actually
meant
that
yeah
we
we
had
to
defend
ourselves
and-
and
that
was
also
another
reason
for
for
kind
of
yeah
lying
a
little
bit
low.
B
And
while
all
of
that
was
going,
we
certainly
made
sure
we
have
knowledge
transfer
about
the
the
protocols
of
the
independent
board
members
and
and
luckily
in
in
the
end
of
last
year,
we
were
dismissed
from
that
lawsuit
without
pre-justice.
And
since
then,
we,
we
kind
of
have
been
working
on
being
pre,
pretty
ready
to
to
yeah,
go
out
and
make
sure
that
you're
all
aware
of
what
we're
doing
and
hey
yeah.
Now
it's
june.
But
here
we
are
so
the
current
status
of
the
dye
foundation
is
we.
B
We
do
have
a
first
version
of
our
website
up
and-
and
we
do
actually
have
a
next
version
in
the
works
where
you
will
get
links
to
whatever
assets
the
dye
foundation
has
in
its
it's
got:
guardianship
and
and
information
about
yeah
who
the
board
members
are
and
stuff
like
that.
We
are
ready
to
go
out
and
engage
more
with
the
community.
B
B
We're
also
looking
to
clearly
have
processes
defined
for
how
people
can
come
with
their
different
ip.
That
is
built
to
support
the
maker
protocol
and
contribute
that
to
dye
foundation,
and
once
we
have
it,
then
going
the
other
way
to
make
sure.
We
also
have
clear
processes
for
how
governance
approved
use
of
these
assets
can
happen.
C
B
B
I
clearly
understand
there
is
this
need
for
this,
and
we
certainly
want
to
get
those
processes
formulated
and
documented
really
soon,
and
then
it
is
a
question
of
figuring
out.
What
more
is
there
to
do?
Where
do
we
need
additional
processes
like
yeah
how
to
submit
a
contribution?
What
else
and
and
again
here
we're
looking
for
input
from
you
and
the
last
and
final
point
is
yeah.
B
B
Then
we
also
have
a
task
about
informing
about
the
ip
usage
and
monitor
it
so
make
sure
that
that
it's
not
being
used
in
any
malicious
ways
and
and
on
the
point
about
yeah
what?
If,
if
there
comes
a
malicious
attack,
how
to
handle
that,
we
also
have
to
engage
with
the
community
and
form
some
principles
and
policies
around
the
ip
that's
owned
by
power
foundation,
as
we
need
it
to
to
to
kind
of
deliver
those
core
tasks.
B
Dye
foundation
need
to
have
have
some
services
that
has
some
costs.
First
of
all,
legal,
to
assess
the
different
iep
to
document
what
terms
there
should
be
for
usage,
how
we
assign
rights,
the
policies
in
case
we
need
to
issue,
cease
and
desist
orders
defense
about
some
kind
of
attacks
on
us
legal
is
a
clear,
clear
cost.
We
have
also,
as
we
want
to
make
the
ip
available
for
people.
B
There
is
some
infrastructure,
some
operations
needed,
so
we
need
take
up
assistance
to
build
the
infrastructure
and
to
run
the
actual,
the
actual
things
and
also
on
ip
maintenance,
simply
making
sure
that
that
the
trademarks
we
have
don't
expire
and
stuff
like
that,
the
domains
are
also
the
fees
are
paid
and
stuff
like
that.
B
That's
needed
third
point
is
we
need
communications
to
the
website
and
participating
with
the
community,
and
then
we
need
to
make
sure
that
we
we
do
have
the
governance
that
that
makes
sure
the
other
things
are
happening
on
the
board
meetings
and
work
groups
and
and
finally
yeah
nothing
happens.
If
you
don't
have
a
yearly
report,
so
we
also
need
accounting
and
auditing
services.
B
B
B
So
dye
foundation
will
also
need
some
reserves.
For
example,
if
there
is
some
kind
of
regulatory
or
other
action
that
kind
of
cuts
off
the
what
you
could
call
the
day-to-day
funding
for
a
longer
period,
we
need
to
be
able
to
have
something
to
suck
on
or
if
somebody
comes
with
a
lawsuit
like
the
class
action
lawsuit
that
we
had
last
year
and
and
note
since
mega
foundation
is
dissolving
dye
foundation
is,
is
kind
of
yeah
the
only
centralized
entity
that
has
a
very,
very
close
connection
from
from
the
outside
with
the
maker
protocol.
B
It's
it's
well,
it's
hugely
expensive,
crazy,
expensive
to
get
at
directors
and
officers
insurance.
So
it's
it's
actually
from
my
point
of
view,
much
cheaper
to
simply
be
self-insured
through
building
up
reserves.
So
that's
that's
really
where,
where
we
have
the
needs
for
for
for
funding
day-to-day
operations
and
then
building
up
reserves,
and
if
we
look
at
at
the
what
we
kind
of
have
estimated
needing
over
the
next
three
years
and
and
again
depending
on
when
we
would
have
something
approved,
this
may
not
be
january
1st.
B
Obviously,
these
budgets
will
be
approved,
but
that's
more
so
you
can
get
an
idea
of
how
we
see
the
expenses
over
the
next
three
years
from
say
now,
so
so
there
is
in
the
first
year.
We
need
to
build
up
infrastructure,
take
up
support
of
processes,
legal
support
of
terms
and
processes
and
and
the
board
also
needs
to
get
some
remuneration.
B
But
as
we
as
we
get
established,
we,
we
certainly
expect
still
a
lot
of
ip
incoming,
but
we
do
expect
the
tools,
the
processes
to
be
there,
and
we
also
expect
that
the
board
will
have
less
to
do
so.
The
board
fees
will
be
reduced
and
some
of
the
other
expenses
will
also
be
reduced
down
to
382,
000
and
and
yeah
in
the
third
year.
We
are
expecting
to
reduce
it
even
more
now
on
on.
B
If,
if
some
kind
of
situation
happens,
when
we
need
to
use
from
the
reserves,
we
all
obviously
would
like
to
replenish
them,
but
in
case
everything
goes
smooth
and
well,
then
there
would
be
no
more
asks
on
on
the
reserve
side.
So
with
that,
I
already
spent
more
than
a
half
an
hour,
a
lot
of
information
and
thank
you
very
much
for
sitting
quiet
and
following
all
of
this,
but
that
really
was
was
what
I
had
to
present
here
now.
B
So
please
come
with
whatever
questions
and
observations
you
have,
and
I
will
stop
sharing
now.
A
That's
great
thanks,
thoren
and
team.
Does
anyone
have
any
any
questions.
D
So
just
quick
questions
like
for
use
of
like
the
maker
logo,
what
type
of
permission
is
needed,
or
is
it
just
going
to
be?
Is
there
anything
we
do
in
advance?
Is
there
a
party
we
ask
in
advance
before
we
use
the
logo
in
a
manner
that
is
compliant
with
the
way
you
outlined
or
is
there?
Are
we
just
informed
after
the
fact?
If
we
did
it
wrong.
E
Yeah,
so
I
think
that
after
this
call,
that's
a
good
time
to
actually
release
this
trademark
policy
like
publish
it
on
the
forum,
so
that
you
know
everyone
can
review,
because
it
was
just
presented
to
my
daily
doctors
thus
far
and.
D
E
Way
it
was
structured
is
that
there
is
actually-
and
next
you
know
I
mean
we
would
just
share
this
post.
It
will
be
much
easier
to
review,
but
basically
the
permission
explicit
permission
from
the
dye
foundation
to
use
the
trademarks
is
not
required
as
long
as
you
observe
the
general
rules
in
the
policy.
So
it's
not
that
you
require
a
prior
written
permission
from
the
foundation.
E
Quite
the
opposite.
As
long
as
you
just
comply
with
some
general
rules,
you
are
eligible
to
use
it,
so
I
think
that
it's
end
of
day
it
is
quite
permissive.
The
goal
is
rather
to
forbid
certain.
You
know
unwanted
behavior
in
terms
of
using
the
trademarks
and
the
other
day.
I
really
think
that
it's
yeah
pretty
flexible
in
a
way
that
it's
giving
all
the
legitimate
actors
the
right
to
actually
use
the
trademarks,
both
maker
and
die.
E
Do
you
think,
sorry
that
you
can
just
like
share
the
file,
I'm
not
sure
if
it
was
shared
with
the
wider
group.
D
So
part
of
my
question,
which
you
know
directly,
is
self-interested,
so
forgive
the
selfishness
of
it,
but
you
know
some
of
the
aspects
of
what
I'm
at
least
trying
to
do
with
maker
and
I
would
love
the
ability
to
put
you
know,
matt
or
whatever,
in
collaboration
with
maker
dow.
So
I'm
not
really
specifically
referencing
something
being
positive
or
negative.
Just
saying
it's
in
collaboration
with
and
then
being
able
to
use
the
logo
and
that's
my
question:
if
I
need
to
submit
anything-
and
it
doesn't
sound
like
that,.
E
Yes-
and
I
can,
I
can
count
one
specific
principle:
I
think
that
there
are
like
eight
or
maybe
ten
such
principles
in
the
policy,
the
one
that
would
probably
directly
apply
to
your
specific
situation.
That's
number
six,
which
reads
you
do
not
one
of
the
one
of
the
requirements
you
do
not
use
the
trademarks
as
part
of
an
advertising
campaign
or
other
form
of
commercial
use
unless
such
use
is
limited
to
a
truthful
and
descriptive
reference
right.
E
So
in
the
example
that
you
provided,
this
is
basically
truthful,
and
this
is
the
accurate
description
of
what
you're
doing
right
referencing
make
her
down
just
you
know
describing
fully
describing
the
reality,
and
there
are
some
examples
in
this
policy
as
well
to
each
of
those
principles
to
further
guide.
You
know
anyone
that
could
that
would
be
willing
to
use
them,
and
some
of
them
were
actually
provided
in
soros
presentation,
so
you
will
find
them
on
the
slides
as
well.
E
It
was
actually
you
know,
because
this,
this
trailer
policy
is
obviously
something
that
we
are
open
to
discuss
at
any
point
of
time
right
at
the
end
of
the
day,
that
has
to
be
something
that
works
for
the
entire
community
and
at
the
beginning,
we
are
wondering
about
how
to
approach
this
commercial
use
cases,
especially
those
in
which
there
is
you
know,
someone
is
actually
making
money
directly
from
using
the
trademarks
but
end
of
day
after
some
discussion
and
also
later
on
after
discussion
with
mandated
actors,
the
policy
is
actually
very,
very
permissive.
A
B
E
Yeah,
at
the
same
time,
I
think
I
think
that
the
dive
foundation
is
actually
fulfilling
its
main
purpose
right
now,
because
you
know
the
the
thing
to
understand.
E
The
main
thing
to
understand
here
is:
is
that
is
like
an
entity
that
is
charged
with
protecting
the
the
intellectual
property,
and
this
is
the
role
is
being
fulfilled
right
now
by
the
fact
that
it's
driven
by
its
status
and
then
we
that
that
condition
really
holds
most
of
those
trademarks
and
intellectual
property
rights
and
the
role
of
this
entity
that
the
most
important
part
of
this
role
will
be
not
about
chasing
some
yeah,
some
scammers
on
twitter,
but
actually
acting
as
a
safe
legal
bucket
for
all
of
those
very
valuable
assets.
E
And
you
know
the
the
entity
is
fully
bootstrapped.
It
has
its
final
form
in
denmark,
which
plan
can
elaborate
a
little
bit
more
on
very
soon.
It's
gonna
have
a
fully
independent
part,
because
you
know
we
started
with
half
of
board
members
as
the
state
police
of
the
of
the
maker
foundation.
E
Right
now
that
just
myself,
I
think
and
then
leaving
the
maker
foundation
at
the
end
of
the
month.
So
it
has
nothing
to
do
with
the
maker
foundation
anymore.
E
At
that
time
and
yeah,
you
know
it's
it's
it's
like
fully
operational,
so
now
it's
more
about
first
engaging
with
the
community
so
that
the
community
can
actually,
you
know,
discuss
and
provide
their
opinions
and
your
opinions
and
secondly,
about
making
the
entire
setup
sustainable,
because
it
was
basically
relying
on
the
support
from
the
maker
for
the
from
the
maker
foundation
over
the
longest
period
of
time,
which
we
know
is
not
sustainable
because
the
maker
foundation
is
dissolving,
and
there
is
a
need
to
protect
this
critical
piece
of
the
centralized
infrastructure
of.
D
C
Soran,
can
I
ask
to
you:
did
we
ever
share
the
foundations
trusteed
for
the
for
the
public,
because
the
trust
deed
really
contains
a
lot
of
a
lot
of
useful
information
in
terms
of
purpose
and
background
and
strategy
for
the
foundation.
B
B
I
also
posted
the
preamble
to
the
trustee,
which
I
really
believe
has
the
essence
of
the
full
trust
deed,
but
but
yeah
hey
that
that
is
brought
in
in
some
old
stuff
from
2019.
So
we
certainly
can
post
that
again.
E
And
actually,
I
think
that
we
we
should
share
on
the
default
prostate
so
that
everyone
can
review
that
the
setup
we
really
spent.
You
know
that
was
of
course
different
reality
back
then
in
2018
the
mcd
was
not
even
there,
but
really
they
spent
a
lot
of
time
on
on
creating
this
this
mechanism,
so
that
there
are
all
the
legal
protections
built
in
and
it
really
you
know,
fulfills
this
purpose
of
being,
as
you
know,
as
safe
as
possible,
meccans
for
protecting
into
intangible
assets
of
maker.
C
Yeah,
I
mean
why
don't
we
just
put
it
put
it
online
on
the
web
page
at
some
point,
and
I
don't
know
if
it
would
be
benefit
to
charity.
I
don't
think
people
have
the
necessary
time
to
read
it
here.
It
it
really
up
to
you
guys,
but
I
think
that
we
could
share
it
on
the
web
page
soon
as
possible.
A
Regarding
the
the
strategy,
is
it
more
like
we
we're
going
to
try
to
build
an
army
of
people
that
are
scouting
the
internet
to
see
if
the
logos
are
being
misused
or
or
any
other
type
of
infraction,
or
is
it
more
like
passive,
and
if
we
ever
find
that
some
big
project
is
making
it
big,
then
we
will
start
some
legal
action.
What's
what's
the
plan
over
there.
B
I
I
think,
that's
that's
again
something
we
also
need
to
gauge,
because
from
my
point
of
view,
we
we
don't
want
to
be
a
very
expensive
operation
and
then
yeah.
I
think,
from
my
point
of
view,
we
should
more
have
the
laid-back
approach.
So
if
something
is
really
up
screwed
up,
then
we
should
go
after
it,
but
we
shouldn't
sit
out
there
and
play
policemen
because
it's
it's
also
very
often
yeah.
It's
it's.
B
F
I
think
it's
important
to
consider
it
more
as
a
form
of
insurance.
I
mean
when
things
go
wrong
and
unfortunately,
everything
goes
smoothly,
and
hopefully
it
will
never
be
needed
to
intact,
but
but
one
day
you
you
have
to
use
your
insurance
if
something
goes
wrong,
but
also
things
have
to
go
wrong
and
I
think
it's
also
important
to
to
allow
for
innovation,
but
when
something
is
clearly
wrong,
there
has
to
be
a
place
to
go
and
to
correct
things.
A
And
regarding
the
budget,
I
can
imagine
that
it's
quite
hard
to
actually
forecast
what
the
legal
cost
might
be
and
yeah
in
a
way
because
of
this
right.
It's
it's!
It's
it's
hard
to
see
if
something's
going
to
go
wrong
and
then
you're
going
to
have
another
class
action,
lawsuit
in
your
hands
or
or
you
need
to
hire
more
people
in
different
countries.
A
I
don't
know
if
there's
any
way
of
of
doing
that,
I'm
trying
to
think
out
loud
how
how
this
would
be
solved
right,
I
mean
the
three
million
might
be
enough,
but
what
if
it's
not.
B
Yeah
then
then,
but
but
first
of
all,
that's
why
we
kind
of
set
reserves
so
in
peace
time
where
everything
goes
smoothly.
B
E
Yes,
and
we
actually,
of
course
you
know,
there
are
many
worst
case
scenarios
that
may
happen
in
the
future,
but
actually
we
do
have
some
understanding
about
this.
Two.
Basically
data
points.
The
first
one
is
the
lawsuit
that
we
successfully
survived
already
as
the
die
foundation
right
because
just
this
entity
was
dismissed
from
the
class
lawsuit,
which
is
yeah
publicly
verifiable
information
and,
secondly,
the
maker
foundation
has
been
managing
this
large
portfolio
of
defensive
trademarks
as
well.
E
So
we
have
some
understanding
about
the
costs
involved
of
you
know
multiple
trademark
council
around
the
globe,
helping
us
to
register
and
maintain
trademarks.
So
those
data
points
were
just
included
in
this
estimate
and,
of
course
it
may
be
too
low.
I
mean
I
think
that
that
this
entity
is
really
important
but
yeah
end
of
day.
This
is
this:
is
the
gown
and
the
governance
which
will
need
to
decide
what
happens
if
it's
not
enough.
C
A
C
C
The
lawsuit
is
a
great
example
of
that,
but
but
but
clearly
I
mean
we,
we
are
fully
able
to
handle
a
lot
matters
from
the
board.
G
In
reality,
you
know:
what's
a
governance
attack
and
what's
a
malicious,
hard
fork,
as
opposed
to
appropriate
hard
fork,
is
often
quite
subjective.
You
know
see
the
the
bitcoin
hard
fork
or
the
ethereum
hard
forks
for
reference,
and
I'm
wondering
if
the
dye
foundation
has
any.
G
You
know,
procedures
of
record
for
how
to
deal
with
situations
like
that
how
to
determine
what's:
what's
a
legitimate
governance,
action
or
the
legitimate
hard
fork,
and
if
so,
can
you
can
you
share
those
or
just
yeah,
more
information
on
that
would
be
of
interest
to
me.
B
So
full
disclosure
at
this
point
in
time
we
discussed
it
a
lot
and
we
are
looking
to
form
guiding
principles
which
we
certainly
will
solicit
all
community
input
on.
But
at
this
point
in
time
the
situation
is
pretty
much
as
you
laid
it
out
kurt.
There
is
a
lot
of
gray
zones
and
and
what
is
a
governance
attack
for
one
isn't
for
another?
B
So
so
that's
that's.
Part
of
the
outstanding
task
for
us
is
to
kind
of
get
a
sense
of
a
number
of
guiding
principles.
But
but
again,
in
the
end
there
may
be
situations
where,
where
we
we
haven't
a
principle
to
cover
the
situation
with
we
are
confronted
with,
but
but
clearly
we
want
to
go
through
work
through
scenarios,
discuss
them
with
you
all
and
and
try
to
get
as
many
principles
for
how
we
would
respond
to
those
as
possible.
B
So
we
kind
of
have
have
as
much
backing
on
how
we
would
respond
in
in
the
case.
B
E
Yes,
ultimately,
it's
all
about
edge
case
scenarios,
and
you
know
the
board
will
be
just
found
by
the
principles
of
the
foundation
which
you
can
find
we
will
find
in
this
trustee
and
they
were
publishing
forum.
They
already
provide
some
clarity,
perhaps
or
some
guidance
on
what
the
day
foundation
should
do,
but
end
of
day
yeah
things
like
forks.
E
This
is
highly
unpredictable
right,
so
I
think
that
the
only
thing
that
we've
been
thinking
about
is
some
guidelines
and
basically
for
like
creating
some
frameworks
for
our
decision
making
in
case
anything
like
that
actually
happens.
H
I
have
I
have
a
question
regarding
software
copyrights,
so
we
talked
a
lot
about
trademarks
and
I
would
like
to
know
what
is
what
is
the
strategy
behind
the
software
copyright?
So,
as
far
as
I
understand,
a
great
part
of
the
of
maker
software
is
licensed,
licensed
under
under
a
copyleft
under
very
strong
copyleft
license
for
folks
that
are
not
familiar
with
open
source
licensing
licenses.
H
H
So
what
is
what
is
the
strategy
there?
I
heard
the
idea
that
part
of
idea,
but
a
strategy
would
be
like
to
to
start
using
property
software
that
is
like
the
probatary
licenses.
That
is
success.
For
example,
the
strategy
of
of
uni
swap
v3.
What
is
yeah?
I
would
like
to
know
what
is
the
status
about
these
assets
and
what
is
the
strategy
look
into
the
future.
B
I
Sure
I
think,
as
a
starting
point,
the
there
are
the
expectations
that
have
been
set
by
the
maker
foundation
right.
The
dive
foundation
is,
is
independent
of
that,
but
in
practice
today
the
the
rules
of
them
that
are
applied.
They
they're
basically
two
licenses
that
are
used.
I
It's
hpl
licensing
for
the
the
smart
contract,
components
that
are
part
of
the
protocol
and
the
the
front
ends
that
give
access
to
critical
functionality
of
the
protocol,
and
then
there
is
the
the
apache
license
that
is
used
in
some
cases
when
it's
a
back-end
service
component,
where
it
may
be
used
by,
for
example,
a
commercial
partner
that
would
not
want
to
to
open
source
their
entire
back-end
infrastructure,
because
usually
that
is
that
is
of
course
closed.
I
Those
are
the
rules
of
thumbs
that
have
been
used
at
the
maker
foundation.
The
dive
foundation
at
this
moment
has
only
received
the
the
source
code
of
a
number
of
these
these
assets,
and
I
do
think
that
the
the
continued
the
continued
strategy
here
is
something
that
can
be
discussed
with
the
community.
I
The
community
may
choose
to
continue
with
the
same
reasoning
that
the
maker
foundation
has
followed,
or
at
one
point
there
may
be
a
change
there,
but
I
do
think
we
need
to
be
careful
taking
to
too
strong
a
stance
before
having
had
the
discussion
with
the
community.
So
right
now
I
just
laid
out
the
the
facts,
as
they
have
been
before
the
dye
foundation
and
our
intention
to
to
have
the
discussion
with
the
community.
H
Yeah
absolutely
agree,
I
think
the
feedback
of
the
communities
is
super
important,
but
I
think
that
the
risk
is
is
real,
that
at
a
finance,
forks
maker
or
that
could
happen-
that's
always
crazy.
That
could
happen
in
the
short
term.
Actually,
I
think
binance
forked
for
uniform,
v3
already
and
they're
violating
their
copyright,
because
they're
using
property
copyright
for
v3.
So
I
think
that's
that's
one
scenario
that
that
could
happen
relatively
soon
and
something
that
you
think
about.
I
Yeah
and-
and
I
I
do
agree
that
the
the
uni
swap
strategy
there,
which
was
new
in
the
in
the
crypto
industry,
at
least
for
a
big
player
like
that,
created
some
some
interesting
discussions,
and
it's
something
that
that
we
should
have
discussions
about
in
the
maker
community
and
see
what
we.
What
kind
of
stance
that
we
want
to
take
there
yeah
absolutely.
E
B
E
E
Right-
and
there
is
actually
there
is
actually
one
principle
that
is
like
relates
or
less
to
that
and
the
obligation
or
kind
of
like
the
principle
of
keeping
maker
as
a
as
an
open
source
system
available
to
anyone
who
wants
to
use
it
more
or
less
and
like
rephrasing,
we
will
need
to
take
a
look
at
the
particular
wording
of
the
trustees,
but
this
is
what
I
said
before
I
mean
those
principles
actually
create
a
certain
vision
of
what
is
maker,
and
I
think
I
I
think
that,
of
course,
the
it
was
created
back
in
2019.
E
So
the
concept
of
governance.
I
mean
it
was
just
different
right,
I'm
meaning
that
there
were
just
different
people,
probably
some
some
of
those
who
are
not
with
us
and
then
many
many
others
joined
later.
E
But
I
think
that
take
a
look
on
those
principles,
because
the
the
goal
back
then
was
to
draft
something
that
really
conveys
that
message
behind
maker
and
just
to
this
point
on
finance,
I
mean
totally
agreed,
but
at
the
same
time
you
know
there
is
you
know,
I
think
that
most
of
us,
if
not
all
of
us,
are
in
this
space
for
a
long
time,
and
we
know
that
just
you
know
the
way
smart
contracts,
work
and
their
licensing
work
is
that
you
don't
don't
necessarily
want
to
restrict
people
forking
your
code
right.
E
This
is
how
it
works
for
the
core
parts
of
the
maker
system
that
anyone
can
create
their
own
maker.
If
they
want,
they
just
cannot
call
it
maker,
that's
the
main
restriction,
and
then,
of
course,
they
cannot
keep
it
in
a
completely
convert
like
in
a
commercial
form
because
they
they
wouldn't
be
able
to
use
it
in
that
way.
With
the
copy
left,
licensing
that
we
have
in
place.
I
And
the
other
thing
I
would
add,
as
a
new
ones,
is
that
open
source
goes
hand
in
hand
with
decentralization
of
course.
So
if
you
were
to
have
a
very
commercial
commercially
ins
inspired
license,
then
that
would
immediately
mean
centralization,
and
that,
of
course
is
another
principle
that
we
we
need
to
to
stay.
True
to
that
things
keep
stay.
E
Decentralized,
we
very
much
encourage
discussion
on
those
points,
because
you
know
those
principles
that
were
in
place
thus
far
with
the
ways
the
code
is
licensed
and
so
on.
It
will
be
awesome
to
have
this
discussion
in
the
community
attracting
also
experts
in
the
field.
A
Regarding
next
steps,
are
you
guys
planning
on
setting
like
some?
I
don't
know
it
could
be
a
driver
or
maybe
on
the
website,
some
place
where
we
can
follow
the
whatever
is
happening
with
the
with
the
dive
foundation
and
next
steps.
I
don't
know
mips
writing.
What's
coming.
B
Yeah,
I
think
we'll
probably
try
to
be
more
active
on
the
forum
and
and
have
that
as
a
place
for
for
dialogue,
because,
again
yeah,
we
don't
have
a
lot
of
resources
for
building
a
big
interactive
website.
So
I
let's
let's
try
and
please
post
any
questions
you
have
on
the
forum
and
we
will
certainly
do
our
best
to
respond
in
a
timely
manner
and
we
will
also
post
stuff.
C
Yeah,
I
think
it's
important
to
stress
that
I
mean,
if
should
you
have
any
questions?
Don't
don't
sit
on
your
hands
and
wait
for
us
to
to
tell
what's
going
on?
We
are
having
meetings
on
a
running
basis,
but
but
but
should
you
have
any
questions
just
feel
free
to
post
them
on
the
forum
to
cern
me
them?
Whoever
and
and
I
think
we're
open
towards
entering
or
we
are
very
open
towards
answering.