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From YouTube: W14 Legal WG: Hatch DAO proposal terms
Description
Timecodes:
00:00 - Plans for the weekend
5:15 - Continuation of the discussion on the Hatch DAO proposal terms
30:33 - Working session on the document
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A
Let's
go
with
the
question
here:
we
always
ask
the
same
one.
Since
it's
friday
we
asked
what
what
are
the
plans
for
the
weekend
I'll
go
first,
so
it's
gonna
be
sunny.
It
looks
like
at
least
the
sun
is
gonna
shine
for
the
weekend
and
hopefully
I'll
have
a
nice
biking
ride
under
the
sun
and
get
some
sweat
for
a
while.
A
That's
that
those
are
the
plans
on
top
of
working
on
this
new
nft
project
that
I'm
working
with
an
artist
a
comic
artist
in
barcelona
that
I
hopefully
will
be
able
to
show
you
in
a
few
days
when
we
just
started
getting
putting
everything
together,
we're
gonna
try
it
on
the
wax
blockchain
to
see
how
it
goes
because
it's
basically
a
card
collectible,
it's
a
card,
collectible
nft
project.
So
it's
that's
where
all
the
collectible
card
is
sticking
place
over
there.
A
B
A
D
Thank
you
my
plans
for
the
weekend
today
my
parents
are
going
to
visit
me
in
my
new
apartment
and
I'm
going
to
cook
for
them,
and
tomorrow
morning
I
will
join
price
quant
and
I
don't
know
what
I
am
going
to
do
in
the
night,
but
I
would
like
to
go
out
and
maybe
take
a
beer
or
something
and
sunday
just
rest.
What
about
you?
Sean.
A
F
F
Unfortunately,
I'm
really
sad
about
that,
but
it's
in
favor
of
hiking
favorite
hiking,
so
we
scheduled
the
praise
quant
in
a
way
where
I
can't
make
the
bike
trip
with
the
kids
that
I
do
every
saturday
so
we'll
just
but
that's
okay,
I'm
doing
praise
quant,
because
that's
really
fun
anyway
and
then
we'll
do
go
on
a
big
hike.
You
know
I
have
all
these
beautiful
mountains
around
me.
I
don't
know.
I
always
like
to
brag
well.
G
Yeah
I'm
excited
for
the
weekend,
because
it's
mostly
the
time
I
can
work
on
the
house
and
we
moved
recently
and
it's
finally
getting
to
this
place
that
it's
like
getting
nice
and
comfy
and
I
think
we'll
invite
some
friends
to
come
over
tomorrow.
Maybe
have
a
little
little
something
and
yeah,
and
I
passed
to
that.
H
I
A
A
E
E
Yeah,
so
nothing
too
complicated,
at
least
based
on
the
discussion
last
week,
I
thought
the
other
document
we're
talking
about
which
is
going
to
be
for
the
people
who
want
to
make
proposals
is
going
to
be
a
much
more
thorough
document
than
this.
This
is,
I
think,
probably
going
to
only
be
a
couple
pages,
two
three
pages
and
the
idea
was
kind
of
a
to
start
with.
How
did
we
get
here
like
why?
E
Why
are
we
even
at
a
point
where
we're
discussing
what
these
terms
are-
and
I
think
that'll
be
real,
quick
and
we're
talking?
A
lot
of
this
stuff
is
like
one
paragraph
stuff.
You
know
we're
here,
because
you
know
the
the
hatch
was
able
to
to
secure
enough
money
to
hit
that
point
where
we
said:
okay,
it's
gonna.
It's
gonna
work.
E
On
on
some
of
those
proposals
that
we're
expecting
to
happen,
then
I
thought
we'd
go
into
a
little
bit
about
okay,
here's
how
anyone
else!
That's
that's,
basically
holding
the
governance
tokens
will
be
able
to
make
proposals
as
well
and
then
kind
of.
Lastly,
what
are
the
potential
risks
here
now?
Obviously,
you
know
the
potential
smart
contract
risk
is
kind
of
probably
evident
in
everything
that
happens,
but
I
was
kind
of
curious
what
other
risks
we
think
that
might
be
happening
at
least
at
this
particular
point.
E
F
F
F
The
rest
is
the
rest
is
pretty
simple,
you
know
and
it
it
looks
simple
because
of
the
structure
that
you
put
in
place.
You
know
I,
I
don't
think
it.
I
really
appreciate
that.
So
as
for
specific
questions,
where
will
voting
take
place
to
hatch?
So
this
is
that
token
log
thing
that
also
might
like
the
thing
that
we
might
need
to
include
that
is
a
little
different
than
most
dials.
F
Is
that
there's
also
a
lot
of
off-chain
conversation
and
structured
off-chain
conversation
with
other
voting
tools,
specifically
token
log
and
forums
and
github,
and
all
of
that
so
that
I
don't
know.
If
that's,
I
think
that
we
need
to
disclose
that.
I
don't
know
if
that
needs
to.
I
hope
that
that's
something
that
you
guys
can
just
link
to,
instead
of
feeling
that
you
have
to
take
it
on
to
to
describe
so
yeah,
that's,
I
think,
that's
about
it
and
yeah,
so
I'll
I'll
pass
it
to
olivia.
G
G
D
But
it's
good
if
we
could
reach
to
the
outside
and
in
a
really
simple
way
to
like
relate
to
the
deeper
work
that
has
been
done
in
other
documents.
But
like
present
this-
and
this
goes
along
with
the
idea
of
having
like
blog
posts
around
the
different
working
groups-
and
we
are
writing
one
for
transparency.
And
it's
good
also
that
we
can
write
one
for
legal.
E
No,
I
think,
I
think,
that's
a
great
idea.
Thank
you.
I
think
that
that
idea
of
keeping
it
in
the
format
or
lengthwise,
where
it
is
easily
readable,
as
as
a
blog
post
or
something
put
in
discord
or
something
is,
is
a
really
good
idea,
and
I
think
that
that
I'll
definitely
think
about
that.
As
I'm
writing.
A
Okay,
I
think
to
me
the
most
important
section
is
the
last
one.
You
know
learning
about
the
potential
risks
of
participating.
If
you,
if
you
put
a
proposal,
if
you,
if
you
decide
to
leave
before
before,
we
move
to
the
to
the,
if
the
proposal
passes-
and
you
don't
agree
with
it
and
you
decide
to
leave
before
you
know.
A
D
A
Of
how
that
works
and
and
and
how
we
got
here
and
so
on,
it's
good,
but
the
risks
are
what
I
wouldn't
say
concern
concerns
me
more,
but
I
think
they
are
the
most
important
part
of
this
document
or
blog
post
or
whatever
way
we
decide
to
communicate
it
and
that's
what
I
would.
I
really
would
focus
on.
F
You
know
these
fears
it's
hard
to
know
until
we
have
this
parameters
like
if
we
have
a
10
quorum.
I
just
can't
imagine
anybody.
It
would
be
really
difficult
for
anyone
to
pass
something
that
didn't
have
a
lot
of
lot
of
consensus
and
if
we
have
like
a
thousand
dollar
fee
to
create
the
proposal,
then
same
again
like
you,
you
have
to
have
it.
F
But
I
think
it's
also
the
legal
stuff.
Just
saying,
like
you
know,
calling
out
that
there's
this
token
log
thing
and
that
the
dow
will
need
to
ratify
the
decision
that
is
made
of
the
parameters
for
launching
the
commons
upgrade,
because
the
design
and
the
expectation
is
that's
the
only
vote
that
really
matters.
F
A
F
If
there's
a
bug
found
in
the
smart
contracts
or
there's
like
some
weird
like
unexpected
glitch,
I
mean
we're
trying
to
test
and
we're
getting
audits
and
stuff,
but
these
things
still
happen
with
audits.
If
there's
some
sort
of
weird
bug
yeah,
that
would
be
the
other
vote.
It's
like
a
technical
upgrade.
A
No,
but
I'm
not
mentioned
I'm
not
even
mentioning
a
technical
upgrade
that
goes
through
a
proposal
because
we
figure
out
there's
a
bug.
I
I
mean
of
the
risks
of
of
losing
you,
because
a
hacker
just
jumps
in
and
finds
a
glitch
and
still
it
you
know
it's
it's
to
me.
There's
two
types
of
risks:
there's
the
risks,
because
someone
proposes
something
that
we
probably
the
probably
is
not
going
to
happen.
Then
someone
proposes
something
and
and
passes,
and
it's
not
expected.
A
Second,
there's
the
risk
of
those
who
put
the
proposal
and
and
passes
you
know
just
because
that's
what
we
are
working
for
and
everything
goes
correctly
in
terms
of
proposing
and
passing,
but
there's
those
that
propose
it
that
you
know
that
are
different
than
those
that
don't
propose
it
just
because
they
did.
You
know,
launch
the
proposal
and
then
there's
the
risks
of
malfunction
of
hatch
of
of
of
a
hacker,
or
you
know
something
like
that
where
everyone
loses
here.
E
Yeah,
I
mean
definitely
on
the
risks
section
in
terms
of
like
what
are
the
potential
risks.
Yeah,
I
mean
there's
plenty
to
add
there.
Smart
contract
hacking,
you
know
unhappy
with
community
decisions,
rage
quitting.
I
I
think
I
can
fill
that
out.
I
mean
I
hit
everything.
Santi
want
to
add
some
stuff,
but
I
think
I
can
get
that.
E
Yeah
yeah,
we
can
even
make
reference
to
it
and
feed
back
into
it
because
again,
I
think
that
this
is
a
good
example
of
a
time
where,
to
the
extent
that
we
need
to
redirect
people
to
other
places
to
you
know,
study
up
on
something.
That's
perfectly
fine!
Okay,
that's
that's
really
really
helpful
guys.
G
I
think
one
part
that
we
might
need
to
explain
a
little
bit
better
is
why
we
are
doing
the
hatch
in
two
phases,
because
I
feel
like
that
that
can
sound
a
little
bit
sketchy
if
people
don't
understand
like
the
whole
reason
behind
it,
so
yeah
just
communicating
well
that
transition
phase.
How
is
it
going
to
work?
What
is
each
token?
How
do
you
get
each
one
of
the
tokens
that
will
be
used?
What
is
their
functionality?
G
A
E
E
E
F
As
long
as
we
make
sure
that
you
know,
part
of
the
legal
strategy
is
that
it
is
optional
to
upgrade
to
do
the
commons
upgrade.
You
know
our
intention
was
to
start
it
at
the
beginning
and
do
the
whole
thing,
but
the
whole
legal
strategy
is
this
is
an
option
and
we
really
are
just
launching
the
tec
hatch
now
with,
and
there
is
an
intention
by
some
people
to
want
to
upgrade
it
to
this
other
doubt,
but
it's
up
to
the
dow
to
decide
and
the
dow
is
sufficiently
decentralized.
F
E
That's
why
in
the
outlying
grip,
just
to
remind
myself
primarily
that's
why
I'm
always
referring
to
the
community,
the
community?
That's
what
does
the
community
expect,
because
even
in
the
outlying
form,
I
wanted
to
maintain
that
idea
that
that's
the
driving
force
here
is
this
decentralized
group
of
people
that
are
sending
it
in
a
certain
direction
or
sending
this
this
patching
down
a
certain
direction.
A
If
I,
if
I
try
to
think
on
your
words,
grief-
and
I
look
at
point
number
three
which
says
voting
to
hatch
the
dal
somehow
it
seems
like
the
only
purpose
of
this
dial
is
to
is
to
both
to
hatch
the
tao
and
if
we
want
to,
if
we
want
to
leave
that
door,
open
that
the
dow
can
vote
on
anything.
Maybe
we
should
change
the
you
know
the
words
on
that
on
that
point
and
and
make
it
a
little
bit
more
open,
although
of
course
the
purpose
is.
A
F
That's
what
we
are
doing
when
I
read
that
sentence,
I
thought
it
was
about
the
choosing
the
parameters
for
the
hatch,
not
the
parameters
for
the
commons
upgrade
okay.
So
that's
what
I
read
when
I
saw
it,
because
there
is
this
like
hey,
how
does
the
dow,
even
like,
because
there's
the
dao
and
the
commons,
I
see
these
as
two
different
entities,
you
know
and
and
actually
on
the
smart
contract
side.
They
are
completely
different
entities.
H
F
Well,
if
someone
proposed
the
upgrade-
and
it
wasn't
what
the
was
voted
on
on
token
log-
it
was
like
the
third
favorite
choice
or
something
you
might
vote
no
on
it
or
maybe,
like
you,
know,
people
who
weren't
paying
attention
during
the
like.
That's
the
thing
like
it's
it's
kind
of
a
challenge.
You
know
you
could
people
can
technically
and
and
oh
this
is
important
the
way
the
dao
is
set
up
now
the
tc
hatch
down
anyone
can
propose
it.
F
Yeah
someone,
someone
away
from
the
community
yeah
someone,
not
even
the
community
right
yeah
that
that
no
one
knows
who's
who
this
is,
which
protects
their
liability,
a
lot
more
than
giving
them
some
words
on
a
piece
of
on
some
terms.
I
think
okay,
so
that's
that's
one
thing
that
was
important,
but
the
other
thing
was
just
that
I
don't
yeah,
never
mind.
I
forgot
what
I
was
gonna.
F
A
Oh
yeah,
you
were
mentioning
that
if
someone
doesn't
pay
attention,
they
see
the
proposal
there.
They
think
they
have
to
vote
it
and
boom
they
bought
it
and
and
two
or
three
more
people
bought
it
without
even
going
over
it
and
it
passes,
and
it's
not
the
proposal
that
was
supposed
to
pass
just
because
someone
was,
you
know,
cheating
or
using
the
the
ability
to
post
a
proposal,
and-
and
it's
not
it's
if
we
have.
F
Already
parameters
that
we
decided
on
talking
about
if
we
have
a
low
quorum,
you
know
that
could
vary
or
in
a
short
voting
period.
That
could
definitely
happen.
Low,
quorum,
low
support
required
these
things,
depending
on
what
those
choices
are
from
the
the
hatch,
the
parameters
choices
around
the
touchdown.
F
Nothing's
decided
that's
part
of
we're
going
to
start,
hopefully
this
week,
we'll
have
we'll
actually
I'm
pretty
sure
on
the
the
the
tec
hatched
out
parameters.
Dashboard
is
going
to
be
finished
on
sunday,
I'm
pretty
sure
like
it's
pretty
much
there.
We
just
have
to
convert
it
from
the
test,
hatch
programs
to
the
to
the
real
params,
and
we
can
actually
hopefully
start
proposing
parameters
this
week
for
the
hatch,
so
that
things
are
going
to
start
to
feel
real,
really
real.
When
that
happens,
so
that's
kind
of
that's
pretty
cool.
F
F
D
A
A
G
A
A
A
A
A
D
D
A
Mentioned
that
we
reached
the
minimum
cup
required
to
to
to
reach
this
point
and
and
and
yeah,
maybe
it's
it's
a
good
point.
It's
a
good
space
to
describe
the
difference
between
the
two
dows,
the
one
that
we
call
the
hatching
that
which
is
this
one
that
we
will
be
at
this
at
the
present
time
and
the
comments
now,
which
is
the
conviction,
voting
one,
that's
where
we
will
migrate.
A
You
will
have
the
token,
but
until
the
the
bonding
curve
is
up
and
running
and
the
besting
period
for
the
patchers
has
passed,
they
won't
be
able
to
to
just
uninvest
if
they
want
to
okay.
So
yeah,
probably
that's
that's.
Those
are
the
things
that
I
had
in
mind
when
writing
those
notes
here
is
anyone.
A
J
A
The
one
the
one
set
of
parameters
that
gets
the
mode,
the
most
votes
will
be
the
one
that
we
will
decide
we'll
use
to
implement
the
commands
now
so
the
process
is,
we
propose
the
parameters
through
token
log
and
we
choose
a
set
of
parameters
through
talk
and
log.
Now
that
we
already
have
decided
which
set
of
parameters
we
will
we
want.
J
A
A
Then
all
the
funds
are
transferred
to
the
new
dial
and
the
initial
now
the
hatching
that
remains
just
in
case
any
time
we
want
those
parameters
to
be
changed,
but
initially
there's
not
going
to
be
many.
Many
more
proposals
on
that
dial
every
once
in
a
while.
We
may
want
to
change
up
from
one
one
of
the
parameters
or
or
whatever,
but
initially
there's
just
going
to
be
one
proposal.
That's
the
migration
to
the
to
the
commander.
G
A
Well,
all
the
funds
are
going
to
be
migrated,
but
we
will
still
have
the
tokens
and
it
will
be
there,
and
I
think
I
think-
and
I
may
be
wrong
and
and
we've
we
can
clarify
that
next
week.
But
I
think
that
that
dao
remains
it's
the
dandelion
dial
that
we
will
use
if
we
ever
want
to
change
the
parameters
of
the
of
the
of
the
comments
of
the
final
one,
because
there's
got
to
be
a
way
where
we
can
vote
to
change
the
parameters
of
the
common
zone.
G
A
A
But
it
will
have
no
funds.
Okay,
it
will
be
just
to
to
launch
proposals
to
change
parameters,
because
all
the
funds
will
be
gone
to
the
commons
now
unless
we
fund
it,
because
we
learned
some
proposals
on
the
comments
now
that
we
request
to
get
some
funds
on
the
on
the
hudson,
for
whatever
reason
you
know,
but
initially
there
won't
be
any.
A
A
So
for
the
third
part
or
the
third
paragraph,
the
voting,
I
think
it's
very
important
to
understand
all
the
parameters
just
because
especially
those
that
are
not
in
the
organization
or
you
know,
on
a
daily,
you
know,
involvement
are
gonna.
Are
gonna
need
some
explanation
here
and
it's
important
to
know
what
tollgate
is.
What's
the
quorum
that
we've
decided
on
those?
Basically,
they
will
be
giving
an
explanation
of
the
parameters
that
will
be
chosen
on
token
log,
okay
and
explaining
it
again
and
again
we
can
refer
to
the
explanation.
A
That's
on,
I
I'm
not
sure,
but
I'm
sure
there's
some
document
where
we
have
all
the
description
of
those
parameters
that
the
params
group
is
working
and
and
just
make
reference
to
that.
So
anyone
can
go
and
check
exactly
what
tool
gate
was
what
what
what
what
the
forum
and
the
minimum
quorum
that
we
decided
to
have
and
and
all
that
so
they
get.
Everyone
gets
a
clear
understanding
of
how
the
proposal
the
voting
of
a
proposal,
runs
on
the
hot
dog.
A
A
Maybe
maybe
I
know
the
third
should
be
mentioned
here.
Somehow
I
have
the
feeling
that
we
should
mention
the
best
thing
period.
Somehow
in
this
document
we
will
have
to
check.
Where
is
that
mentioned
in
in
the
other
documents
that
we
are
creating
and
maybe
put
a
link
there?
But
maybe
maybe
because
this
is
not
part
of
the
voting
is
part
of
the
of
the
rules.
If
you
want
to
call
them
that
everyone
will
have
everyone
that
has
participated
on
the
on
the
on
the
hatch
on
the
funding
period
will
have
so
yeah.
A
C
A
A
D
F
A
D
Yes,
that
we
highly
encourage
engaging
in
an
advice
process
with
the
community
before
submitting
proposals.
The
dow
has
autonomy
to
remove
proposes
proposals
that
are
contrary
to
our
mission,
vision,
values
and
terms
and
conditions
and
of
chain
communication
with
within
the
tc
forums.
Github
and
servers
is
really
important
to
support
proposal.
D
H
H
A
Yeah,
right
and
and
how
to
exit
in
the
event
that
some
proposal
that
was
not
expected,
finally
passes
for
whatever
reason:
there's
always
a
way
you
can
exit
and
yeah.
That
should
be.
That
should
be
stated
there.
So
everyone
knows
what
to
do
in
case
of
of
emergency
all
right
great.
That
was
a
great
hacking
session
sean.
Do
you
think
you
can
start
working
on
that
with
with
the
document
as
it
is
now,
and
maybe
we
can
share
it
sometime
during
next
week
before
next
friday,
meeting.
A
Great,
I
think
we
can
call
it
for
now.
It's
almost
the
hour,
so
thank
you,
everyone
for
sharing
today
for
attending
that
today's
meeting
and
just
before
we
go
sean
if
you
want,
I,
I
have
a
few
minutes
now
that
I
can.
I
can
help
you
with
or
if
not
just,
let
me
know
what
works
for
you
and
we
can
try
to
to
meet
sometime
either
during
the
weekend
or
next
week.
Let's
try
right
now.