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From YouTube: Session 1 TEC Proposal building: initial buy-in
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C
D
Let
me
see
where
we
have
the.
I
know
I
created
something
for
this
already
here.
It
is
so
maybe
we
just
take
a
moment.
Oh
it's
what.
D
I
don't
know
what
happened
I'll.
Add
it
to
the
meeting
agenda
too,
but
I'll
drop
it
here.
D
Cool
all
right,
maybe
we
start
out
just
with
like
a
little
check-in
just
pass
around,
and
what
what
you
see
is
the
objective
of
this
hour.
We
have
one
hour
together.
What
you
see
is
the
objective
of
this
hour.
We
have
together
and
I'll
pass
to
to
chewy
to
get
us
started.
A
D
The
question
is
just
like,
with
this
hour
that
we
have
together
and
the
subject
of
proposals
for
initial
buy-in.
Just
I
want
to
sort
of
level
set
and
check
in
and
say
see
that
we
like
what
is
what
is
your
expectation
out
of
this?
Our
weather.
A
I
I
mostly
wanted
to
listen
about
like
some
directions
it
might
take.
A
Regarding
like
a
proposal,
I
think
I'm
I'm
I'm
mostly
excited
about
like
the
academy.
What
what
could.
D
A
Yeah,
okay,
I'll
pass
it
to
mitch.
F
Thanks
chewie,
my
main
goal
from
this
call
is:
if
we
could
just
pick
a
number
and
picking
our
great
and
then
going
through
the
use
cases
to
make
us
feel
good
about
it
afterwards
and
I'll
pass
it
to
zepty.
C
Thanks
mates,
yeah,
my
intention
is
pretty
much
similar
than
me
like
pick
a
number
but
also
structure.
This
number
you
know
like
okay,
we
want
some
money
for
the
reward
system.
We
want
so
well
venture
capitalist
or
we
also
or
maybe
we
choose
them
to
buy,
and
you
know
I
I
do
not
support
that,
but
you
know
buy
and
yeah
and
just
to
up
to
speculate
with
our
own
token,
and
then
we
see
what
we
do,
but
yeah.
F
B
Yeah,
I
think,
like
I
think
that
choosing
a
number
is
very
important,
but
also
I
want
to
learn
and
tam.
I
think
the
document
in
the
in
the
calendar,
the
link,
is
broken
so
yeah.
If
you
can
update
that
to
joining
the
document.
D
D
D
Okay,
so
chewie,
you
wanted
to
say
something,
and
I
wanted
us
to
finish
the
orientations
or
I
thought
it
would
be
better
to
finish
these
in
these
intentions.
Do
you
want
to
go
back
and
share
what
it
was
that
you
were?
You
wanted
to
share.
A
A
A
D
Cool,
so
if
we
are
gonna
start,
maybe
shaping
it
through
these
three
things
like
what's
the
number
right,
what's
the
figure,
what
is
the
options
for
the
custody
and
governance
of
the
funds?
So
we
pick
a
number,
then
how
are
we
managing
it?
Who
is
managing
it
who's
responsible
and
then
what
can
it
be
used
for
right.
D
D
So
maybe
I
just
want
to
question
mark
or
make
sure
that
we
know
that
we're
all
talking
about
the
specific
initial
buy-in,
which
would
mean
that
we
are
able
to
offer
tokens
to
perhaps
strategic
partners,
perhaps
we're
able
to
use
those
those
funds
for
for
returning
higher
yields
than
we
would,
if
it's
just
sitting
in
ex-die
in
our
treasury
and
other
purposes.
D
A
No
time
yo,
you're
you're
right,
I
just
hadn't
gotten
the
part
about
like
the
specific
proposal
of
the
initial
buying.
I
I
thought
it
was
a
general
discussion
around
proposals.
Sorry
about
that.
A
D
Yeah
yeah
I've
been
speaking
with
angela
about
her
proposal
by
the
way
and
they
they
do
mean
to
to
apply
to
conviction.
Voting
for
funding.
For
the
token
engineering
academy.
D
Okay,
mitch
I'd
love
to
hear
some
of
your
thoughts
about
these
three
topics.
Do
you
mind
maybe
riffing
a
little
bit.
E
F
Yeah
sure
so
I've
seen
some
of
the
figures
tossed
around
and
if
we've
got
a
total
amount
of
1.57
million.
F
F
I
would
say
nothing
over
300
000
to
me
at
least
for
this
initial
buy-in,
because
we
still
want
to
have
a
really
good
common
pool,
and
we
still
probably
want
to
do
lots
of
stuff
that
we
haven't
thought
of
at
this
particular
time.
F
Going
from
there,
the
governance
structure
really
depends
on
like
how
dynamic
we
want
this
working
group
to
be
it's
cool
to
include
the
community,
but
I
think,
needing
to
make
quick
decisions,
especially
like
when
you're
playing
with
crypto.
You
need
to
have
something:
that's
a
bit
more
agile
that
could
still
be
accountable
to
the
community.
F
And
to
the
last
point
again,
I
really
think
whatever
we
choose
at
least
50
should
be
used
for
buying
tac
tokens,
because
that
seems
like
kind
of
the
biggest
component
that
we
had
for
doing.
This
initial
buy-in
was
buying
to
uc
tokens,
so
I
think
at
least
half
of
it
should
go
to
that
and
if
we
choose
to
use
the
rest
for
something
else
like
agave
or
whatever
else,
I'm
happy
to
hear
those
as
well.
D
D
D
You're
right,
I'm
confusing
the
treasury
and
the
yield
this
you're
right,
so
the
the
this
would
basically
be.
I
mean
to
describe
the
initial,
buy
the
initial
bias
of
the
tc
tokens
by
the
dow
at
the
instantiation
of
the
bonding
code.
F
So
then
yeah
right
away
from
there,
I
could
go
to
that.
We
should
set
aside
some
for
kickstarting
the
reward
system.
F
We
also
should
think
about
if
we
want
to
deploy
liquidity
in
secondary
markets
like
if
we
want
to
make
bridges
with
communities
like
agave
or
with
ether
or
with
x-die
like,
however,
we
want,
we
have
that
option
by
holding
tc
tokens
to
create
bridges
where
we
want
them,
and
I
think
that
was
kind
of
the
main
three
points
I
kind
of
saw
in
the
discussion.
F
F
Oh
yeah,
those
are
my
thoughts
I
can.
I
can
pass
it
to
zepty.
C
Thanks
mitch,
yeah
on
the
first
bullet,
I
can't
agree
with
me
like
something
like
200
300,
something
in
between.
I
think
it's
a
good
number
because
yeah,
as
he
said
like
we,
we
want
to
make
sure
you
know
like
what
what
is
most
important,
at
least
for
my
point
of
view.
It's
like
we
test
the
bonding
cost.
We
test
the
community
and
yeah
do.
A
C
We
can
do
this
because
we
raise
more
than
our
minimum
goal,
so
I
think
yeah
we
we
just
take
this
opportunity
and
on
the
second
bullet
I
I
can't
I
would
rather
prefer
to
lose
agility
and
make
decisions
that
are
longer
in
terms
like
not
make
decisions
like.
Oh,
we
need.
You
know
that
this
should
we
need
to
be
quick
like
I
wouldn't
take
those,
and
I
really
think
we
should
yeah
all
these
decisions
should
be
taken,
a
account
with
the
community.
C
And
I
I
another
thing
is
like
I
think
we
should
buy.
You
know
like
the
the
amount
we
buy.
I
think
we
should
put
it
all
on
on
tc
and
it's
not
speculated
with
our
token,
but
we,
if
we're
gonna,
add
liquidity,
let's
say
with
agave:
we
can't
do
it
with
our
own
token.
We
don't
need
to
have
xd,
xti
and
yeah.
C
This
is
very
advantageous
for
us
because,
like
this
equity
will
never
be
removed
unless
we
want
to
it
to
be
removed
and
it
would
cost
like
the
people
who
would
invest
that
money.
There
is
people
who
really
trust,
not
trust,
but
things
like
the
tc
is
going
to
perform
well
in
the
future,
and
let
me
go
down
yeah.
C
I
would
like
yeah,
of
course,
like
we
really
need
to
set
up
a
number
for
the
reward
system,
and
I
think
this
should
come
from
the
reward,
the
working
group
they
are,
who
are
studying
it
and
no
better.
So
this
number
should
come
from
them
and
and
yeah,
and
then
we
have
like
this
rest
of
tc
and
I
would
split
it
like
down
to
the
relationships
and
also
to
selling
liquidity.
I
think
that's
a
great
idea
and
I'll
pass
it
to
one.
B
On
the
first
bullet,
I
also
thought
around
like
a
10
percent
like
150
k,
more
or
less
and.
B
E
B
On
the
community
decision
making
yeah,
I
think
that
that
it's
good
that
that
the
decisions
are
taken
by
the
community,
but
that
are
implemented.
Maybe
by
this
governance
structure
and.
B
What
can
it
be
used
for?
I
also
think
that
this
is
important
to
make
like
an
experiment
to
to
to
know
like.
B
How
can
this
this
act
help
us
make
a
bigger
the
value
of
the
token.
D
Not
sure
I
know
does
anyone
have
an
answer
for
that?
I'm
not
sure.
That's
I'm
not
sure.
That's
within
the
scope
of
this
actually,
but
I
mean
like
directly
or
maybe
it
is
maybe
this.
This
idea
of
this
liquidity
can
help
improve
the
price
of
the
token
right.
Having
a
more
liquid
market
in
secondary
markets
is
positive.
D
Strategic
partnerships
like
having
you
know
a
partnership
with
balancer
or
with
you
know,
other
other
really
well
aligned.
Token
engineering
organizations
in
daos
can
also
help
the
price
of
the
token.
So
I
think
that
unless
there's
something
more
specifically
that
you
want
to
suggest,
I
see
I
feel
like
this
is
the
point
where
we
need
to
get
concrete.
B
D
Yes,
yeah,
that
will
be,
I
mean
basically,
the
way
it
was
explained
by
sem,
I
think
and
by
griff,
is
that
the
bonding
curve
is
launched
and
this
is
executed
at
the
same
time
so
because,
when
the
bonding
curve
is
launched,
that
will
be
the
the
lowest
price
possible.
I
guess
it
depends
on
what
we
set
as
the
initial
price,
but
it
it
should
be.
That's
actually
a
really
good
question.
C
Yeah,
exactly
I
mean
mitch
can
explain
that
better,
but
from
what
I
understand
like
we
will
have
this
token
frison
token
though,
and
it
doesn't
matter
which
price
we
choose
like.
Meanwhile,
the
tokens
are
frozen
since
they
cannot
sell
like
this
price.
Is
the
lower
that
possible,
like
it's
always
going
to
be
up
until
the
tokens
start
to
stop.
D
D
D
D
D
D
I
think
the
question
really
is
for
me.
What
exactly
does
this
look
like,
so
the
dow
will
buy
tokens
and
it
would
hold
it
in
a
multi-sig
question
mark
like
so.
There
will
be
by
nature
of
some
people
needing
to
have
those
multi-sigs,
a
small
group
of
people.
I
don't
see-
and
maybe
septimus
you
have
some
thinking
around
here.
D
C
Yeah,
I
really
like
the
approach
that
saudia
have
like
progressive
centralization.
We
still
have
a
multi-sig,
but
let's
say
like
with
sodium:
you
can
set
up
an
an
oracle
with
a
wart
and
the
thing
is
like
even
you
can
set
it
up
for
it's
like
a
discord
pole
and
then
the
community
is
voting
on
this
pole
of
this
core
and
then
their
alcohol
is
looking
at
this
and
then
community
can
execute
it.
D
C
D
C
Yeah,
let
me
search
for
it
and
I'll
I'll
put
it
on
the
storage
channel,
one
sec.
D
So
you're
saying
there's
a
platform
that
we
could
use
to
custody
these
tokens
and
then
they
would
be
voted
on
for
distribution.
E
F
C
F
A
C
C
Like
if
the
community
is
choosing-
and
we
use
the
multi-sig
just
to
be
more
agile,
I
think
that's
cool,
because
we
don't
have
like
100
decentralized
platforms
right
now,
so
yeah.
C
D
No,
I'm
just
apologizing
because
I
feel
like
doing
this
in
a
document
is
really
weird.
It'd
be
easier
if
we
were
all
sort
of
jumping
in
a
mirror
board
and
putting
advantages
and
disadvantages
of
all
these
different
options,
because
I
think
what
we're
trying
to
do
is
like
do
is
like
whittle
down
the
options
like
concrete
options,
with
figures
with
facts
and
protocols
with
names
so
that
we
can
start
to
sort
of
present
something
solid
to
the
to
the
community.
D
C
For
me
yeah
for
me
also
it's
very
important,
like
you
know,
even
if
they
are
doing
with
their
best
intentions,
they
could
be
grown
right
like
even
if
you
know,
they're
trying
to
do
the
best
and
yeah
and
with
all
their
hearts,
but
they
they
just
do
something
that
this
and
they
just
fail
and
and
it's
okay,
you
know
like
we're
humans,
we
fail,
but
the
thing
is
like:
if
this
decision
is
failed
by
the
community,
it's
you
know
it's
it's
better
than
it's
it's
it's
fail
for
one
or
two
or
three
or
20
people.
D
Yeah,
but
I
guess
there's
the
on
the
on
the
flip
side
of
that
I
would
say
the
and
I'm
not.
I
don't
have
a
favorite
option
by
the
way
I
don't.
I
haven't
really
thought
enough
about
it,
but
I
would
say
for
the
option
of
having
a
small
group
of
people,
let's
say:
there's
five
people
like
the
reward
system.
You
know
the
reward
board.
You
know
having
this.
I
don't
know
what
we
can
call
it
this
this.
D
You
know
this
intern,
this
token
pool
board
right
or
our
committee-
that
has
a
mandate
with
clear
rules
about
how
they
have
to
like
the
process
to
to
have
a
vote
on
how
how
these
funds
could
be
used
and
exactly
the
kinds
of
things
that
it
could
be
used
for,
and
then
it
would
be
up
to
the
people
that
we
would
trust
the
community
would
have
to
trust
to
actually
follow
those
rules
right.
It
wouldn't
be
left
up
to
them
to
make
decisions
on
how
to
allocate
these.
D
There
would
be
some
sort
of
there's
some
really
well-defined
rules
around
that.
That's
how
I
would
imagine
this
working
and
for
things
like
you
know.
We
could
take
the
reward
system
right.
That
could
actually
be
something
that
would
not
be
under
this.
This
structure
at
all,
it
would
just
go
straight
to
rewards
to
the
rewards,
dao
or
system,
and
then
what
would
be
left
what
I
think
you
know.
D
In
fact,
what
would
be
left
is
really
like
strategic
partnerships
and
liquidity
in
second
markets,
and
it
would
be
up
to
let's
say
the
small
to
then
decide
how
much
should
be
allocated
like
to
do
the
the
research,
the
conversation
conversations
and
then
try
to
come
up
with
how
much
should
be
put
into
the
liquidity
and
secondary
markets
and
how
much
should
be
put
in
strategic
partnerships
and
specifically
with
who
and
then
have
a
vote
on
that,
but
there's
something
very
interesting
about
being
able
to
move
fast,
less
so
with
strategic
partnerships,
because
that
can
just
take
a
lot
of
time
right.
D
Okay,
we
are
having
these
conversations
for
a
few
weeks.
We
decide
to
do
a
token,
swap
we
decide
to
govern
and
help
each
other
in
these
communities
like
create
a
tighter
bond
between
really
strategic
or
other
organizations.
That's
not
a
fast
thing,
but
the
idea
of
applying
like
having
liquidity
in
secondary
markets,
I
mean.
Maybe
we
need
to
be
able
to
react
much
faster
in
that
arena
and
are
we?
Would
we
be
limiting
ourselves
our
ability
to
act
fast?
D
F
Yeah
you
kind
of
touched
on
them.
It's
like
strategic
partnerships.
Well,
first
of
all,
strategic
partnerships
could
be
liquidity
in
secondary
markets
like
holding
a
tac
agave
pool
right.
So
it
could
be
something
that
looks
similar,
but
just
to
your
same
point
like
if
there
happens
to
be
something
like
a
bug
with
a
system
or
a
contract
or
god
knows
whatever,
and
we
need
to
you
know,
get
the
money
out
of
there.
We
need
to
have
a
system
that
can
act
quickly,
because
you
know
these
things
happen
all
the
time
you
know.
F
D
D
D
Oh
cool
thanks
yeah,
so
then
it
seems
as
if
we
if
we
were
to
go
with
this
committee
decision
making-
and
maybe
this
is
something
we
need
to
understand
more
about
the
parameters
right.
I
don't,
I
don't
know,
is
that,
can
you
add
any
details
here
about
zodiac
and
gnosis
safe?
How
does
it
work
you
know?
Does
this
mean?
Would
we
expect
there
to
be
like
a
vote
that
should
take
48
hours
or
could
it
be
a
shorter
vote
time
frame
like
let's
say
there
is
a
correct?
D
If
we
need
to
do
that
quickly,
would
we
be
able
to
do
that
through
the
mechanism?
The
zodiac
mechanism.
C
C
I
would
lock
it
there
and
you
know
forget
about
it
like
you,
don't
need
to
do
anything
else.
Then,
after,
like
you
just
put
the
liquidity
there
and,
and
you
let
the
you
know,
you
don't
want
to
get
away
your
liquidity,
like
you
put
liquid
in
a
tc
honey,
let's
say,
and
I
think
it
would
be
also
be
very
beneficial
because
you
know
honey
is
paired
with
all
the
gardens
tokens,
so
it
would
give
us
liquidity
almost
to
any
token
in
the
gardens
community
and
yeah
the
thing
with
with
hugs
and
stuff.
C
C
Yeah,
I
know,
but
like
do
you
imagine
uni
swap
being
hacked
like
no
way
sam
says
says
it's
impossible.
F
But
imagine
from
the
other
end
like
what,
if,
like
uniswap
upgrades
their
contracts,
you
know
and
we
need
to
get
access
in
there
and
like
we
just
need
to
do
something
like
upgrade
the
contracts
like
does
that
need
to
take
a
week?
Does
that
go
by
the
community,
or
is
that
just
something
that
can
be
done.
C
I
mean
yeah
the
thing
with
operating
the
contract.
You
don't
have
to
do
that
like,
for
example,
with
unit
swap
you
choose,
you
can
have
your
liquidity
on
version
2.,
you
don't
need
to
write
to
version
2.
If
you
don't
want
to,
and
I
mean
yeah
yeah
when
we
do
signs
with
this
wallet.
Let's
say
I
think
it's
very
important.
I
really
think
we
should
talk
with
the
community
like.
A
C
E
Okay,
clarification
of
the
decisions
we're
we're
talking
about
that
either
the
community
or
a
small
committee
would
do
would
just
would
just
be
to
decide
where
portions
of
this
larger
fund
are
going.
D
C
D
The
context,
so
no
decisions
are
being
made.
That's
really
important
conversations
around.
What
could
a
possible
proposal
look
like.
So
what
are
the
options
we
have
for
this?
If
we
do,
if
the
tec
decides
to
do
an
initial
buy
of
our
of
its
own
tokens,
what
is
the
number?
What
is
the
custody
of
that
look
like?
D
Is
it
someplace
that
the
whole
community
has
to
decide
every
time
the
tokens
are
allocated,
or
is
it
a
smaller
group
of
people
who
are
trusted
and
have
a
multi-sig,
and
then
what
are
the
parameters
around
the
kinds
of
things
that
it
could
be
used
for
which
maybe
is
more
of
like
what
do
we
see
it
could
be
used
for?
I
can
imagine
in
the
future.
There
may
be
another
use
case,
but
it's
only
the
tokens
that
the
dow
would
buy
for
itself
at
the
time
of
the
instantiation
of
the
bonding
curve.
E
Is
that
clear,
now
yeah?
So
couldn't
we
decide
in
advance?
What
are
the
things
we're
gonna
use
this
for
and
and
just
submit
each
one
as
a
proposal
for
the
whole
community
and
then,
if
both
pass,
then
this
money
is
managed.
Well,
then
it
could
be
managed
by
a
multi-sig.
Is
that
the
point
of
discussion.
D
D
Those
are
not
proposals
that
are
immediately
ready
and
may
need
to
change
over
time.
So
it
would
be
more
like
these.
These
tec
tokens
are
set
aside
for
that
purpose,
and
then
how
do
we
get
to
making
that?
How
do
we
end
up?
What
is
the
process
to
allocate
those
funds?
Finally,
to
a
purpose
that
matches
one
of
these
designated
purposes?.
E
I
don't
know
someone
that
has
expertise
in
the
secondary
markets
that
could
be
like
attentive
to
it
and
maybe
have
a
little
role
description
of
the
commitments
that
person
is
daring
to
and
and
then
someone
else
that
would
be
responsible
for
the
strategic
partners
and
then
one
person
that
is
neutral
to
be
able
to
block
anything
if
needed
and
like
we
could
have.
I
don't
know,
even
I
think
eight
people
or
six
people
would
be
a
safe
number.
Somehow,
if
everyone
approves.
C
I
I
think
so,
but
I'm
not
understand
like
okay.
We
need
to
set
up
a
multi
c
because
fully
desert
lives.
It's
it's
impossible
right
now
like
well,
the
only
ways
we
just
go
with
conviction,
voting
and
everything
goes
through
conviction.
But
if
we
want
to
do
all
these
things,
we
need
to
put
a
wallet
so
for
to
do
that.
C
There
is
no
decent,
fully
decentralized
options
until
I
know
at
least
so,
but
but
the
thing
is
like
we
were
discussing
before
like
okay,
do
you
want
these
people
to
decide
how
to
move
these
funds
or
you
prefer,
like
we
have
a
an
off-chain
decision
like
on
a
snapshot,
for
example,
and
the
multisig?
C
What
the
multisig
does
is
what
the
decision
on
the
snapshot
says.
So
they
do
not
decide
anything.
They
just
do
what
the
community
says,
and
so
far
the
discussion
was
the
the
cons
was
we
lose
agility
and
if
we
run
into
a
hack
or
something
yeah,
we
we
it's
not
the
same
like
acting
one
hour
like
acting
48
hours
and
but
the
also
the
other
thing
is
like.
If
the
community
just
gets
the.
C
D
D
And
it
sounds
like
now:
this
is
turning
into
something
that
maybe
will
go
to
signaling
from
the
community
right
like
laying
out
these
two
options
might
be
a
path
forward.
I'm
not
saying
it
is
the
pathway,
one.
D
Paths
forward
is
laying
out
these
two
different
options
and
the
advantages
and
disadvantages
of
each
of
the
options
and
maybe
having
the
community
signal,
which
one
should
be
the
final
proposal,
whether
there
is
seems
to
be,
I
mean
I
think,
in
here's
what
I
can
say
at
this
point.
There
are
going
to
be
many
different
small
groups
that
are
managing
funds.
D
C
E
I
think
the
problem
for
me
becomes
this,
this
small
group
being
able
to
make
any
decisions
without
scope.
So
I
think,
if
there's
a
proposal
with
a
limited
scope
of
like
let's
say,
liquidity
in
secondary
markets,
what
are
the
possible
decisions
that
you
can
that
can
be
taken?
And
then
what
is
each
like?
How
to
break
down
that
decision
the
most
possible
and
have
yeah
and
have
a
boundary
day.
E
Because
then
it's
much
harder
to
contest,
because
if
we
don't
have
boundaries
and
if
something
is
gets
out
of
scope,
then
it's
much
easier
for
a
conflict
to
arise
and
the
person
say.
Oh,
I
didn't
agree
with
that
or
no.
This
was
in
or
afraid
not
to
be
clear.
But
if
we
made
clear
before
then
we
would
be
voting
that
that
committee
has
those
responsibilities
and
up
until
a
point
we
could
like.
A
C
H
D
D
So
maybe
this
committee
is
voted
by
the
community,
so
the
community
votes
for
the
people
and
if
there
is
a
dereliction
of
duty,
then
they
can
be
voted
off
of
this
committee.
I
guess
what.
D
D
H
Zodiac
is
just
branding
for
gnosis
safe
with
some
extra
tooling.
As
far
as
I
know,
so,
it's
not
I
don't
it's
like
oh
yeah,
I
mean
it's
just
better
branding,
they
did
it.
Finally,
thank
god,
and
now
people
it's
like
a
invite
to
build
on
top
of
gnosis
safe.
I
mean
the
advantages.
Are
that
it's
much
easier
to
work
with
than
an
aragon
dao,
because
it
has
a
better
integration
with,
like
it,
has
its
own
wallet
to
interact
with
dapps
and
is
like
better
than
frame.
H
In
my
opinion,
miniature
can
probably
speak
to
that
better
than
I
can,
but
so
it's
like
you
can
go
and
you
with
this
dow
you
can
go
with
this
multisig.
You
can
go
and
interact
with
unit
swap
you
can
go
and
interact
with
these
things
right.
H
The
wallet
doesn't
pay
the
gas
people
pay
gas,
so
any
kind
of
whoever
is
clicking
the
final
button
to
click
that
transaction
has
to
pay
the
gas,
but
I
would
say
that
all
of
these
things
are
just
mechanical.
How
do
we
interface
with
a
blockchain
and
the
committee
stuff
that
you're
talking
about
is
the
real
meat.
D
D
F
This
motorcycle,
but
then
like
the
extra
power
of
having
that
multi-sig,
is
that
if
there's
an
emergency
like
they're
able
to
act
but
they're,
not
just
like
you
know
putting
all
the
money
into
ape
swap
or
whatever,
like
you
were
saying,
like
they're,
only
acting
within
the
bounds
of
of
what
was
mandated
by
the
community
for
them
to
do.
D
C
Decision,
I
actually
like
what
this
this
process.
No,
we
do
what
the
community
says.
This
is
good.
This
is
you
know.
This
is
where
I
am
like
progressive
decentralization
and
what
what
I
was
not
happy
with
is
like
this
small
commit
decides
where
to
put
the
money,
but
if
we
are
putting
on
a
structure
yeah
this,
if
we
do
this
way,
I'm
happy
like
okay,.
F
D
D
G
Hi,
I
I
have
a
question.
I
think
it's
a
good
exercise
to
think
on,
like
10
20
40
years
from
from
this
kind
of
proposal,
because
I
was
doing
that
exercise
and-
and
you
end
up
with
a
system
that
is
similar
what
we
already
have
so
you
I
imagine
that
you
would
will
have
to
protect
the
guys
that
are
voting
or
maybe
we
have
to.
I
don't
know
it.
It
should
rotate
on
its
alliatory
system,
because,
if
you're
going
for
elections,
you're
made
you're
putting
politics
in
here.
E
E
G
G
So
it's
that's
what
I
think
we
are
trying
all
to
to
solve
and
they
were.
They
will
be
different
approaches
to
to
to
these
systems.
So
yeah,
I'm
all
about
thinking
on
this
on
the
next
year.
So
I
love
it.
Thank
you.
D
Yeah,
I'm
not
sure
the
scope
of
this
proposal
would
make
sense
in
20
30
years,
but
I
do
love
that
idea
of
like
future
thinking
and
imagining.
I
think
that
we
may
end
up
with
very
different
tools
in
in
20
years,
but
it's
it's.
It's
always
interesting
to
challenge
yourself
to
think
about
how
it'll
age
in
the
future.
C
Yeah
and
regarding
the
other
thing,
what
pablo
was
saying
you
know
no,
don't
make
it
politics.
I
think
one
solution
to
that
like,
since
this
multisig
are
only
going
to
do
what
the
pulse
says
on
snapchat
or
whatever,
like.
I
really
think
like.
It
should
be
like
that.
You
know
we're
going
on
the
ranking
and
the
top
the
token
holders
and
yeah.
I
was
also
thinking.
Maybe
someone
just
don't
want
to
do
it,
and
then
it
goes
to
the
next
one
like.
C
If
the
first
token
holders
have,
I
don't
know,
and
he
don't
want
to
be,
then
it
goes
to
second,
and
if
it's
five
or
seven,
then
you
know
the
top
five
seven
and
if
someone
is
passing
so
it
goes
to
eight
nine
or
whatever.
But
I
really.
D
C
More
stakes
so
yeah,
who
have
bigger
price
of
the
yeah,
that
I
think
that.
D
I
think
this
structure
is
taking
a
really
good
form.
We
have
two
minutes,
so
I
would
love
to
hear
griff
and
livia
on
the
figure.
I
don't
think
we
have
enough
time
for
both
of
you,
but
what?
What
is
your
feeling
about
the
the
number
we're
trying
to
talk
to
aim
to
lock
down.
E
Yeah,
I
I
don't
think
I
have
too
much
awareness
of
like
market
movements
and
stuff,
but
I
agree
that
a
higher
number
is
cool,
because
it
feels
important
for
us
to
hold
a
good
percentage
of
our
own
tokens.
H
H
Speculators
will
be
less
invited
to
participate
if
we
take
the
fun
the
like
cheapest
money
out,
I
don't
think
completely
because
we're
going
to
hold
it
if
we
say
what
we're
going
to
do
with
those
tokens
in
advance,
I
think
that's
greatly
mitigated,
but
in
the
end
there's
this
like
feeding
frenzy
at
the
initialization
of
a
bonding
curve.
You
know
so
like
we
kind
of
dampen
that
the
more
money
we
take
out,
the
more
it's
like,
not
as
cool.
H
So
it's
like,
if
you
add
the
exit
and
entry
tribute
together,
that
percentage
goes
goes
to
the
common
pool
and
the
rest
will
go
to
the
reserve
so
we're
taking
money
out
and
then
putting
it
back
in
you
know
it's
just
that's
why
we
need
the
number
in
advance,
so
we
can
design
around
it.
There's
no
there's
no
impact
on
the
total
funds
held
in
both
pools.
D
H
C
Yeah
for
me,
tom
just
set
up
a
time.
I
know
your
schedule
is
you
know
you,
your
calendar
is
more
wicked
than
mine,
so
but
it's
not
in
dc
calendar.