DXgov Weekly Meeting [2020-12-30]

tags: DXdao DXgov

Agenda:

Forum post:

• Governance 1.0

  • Governance Gas Refunds #2
    • Should we cover 100% of gas costs?
      • Con is additional costs to DXdao
  • Proposal Roundup
    • Mistake proposal – how to mark through the UI to remove dud proposals
      • Person submitting the proposal to “Sign / rescind” a transaction to signal the UI to grey it out / make transparent
      • Subsection:if person signs / rescinds it, the proposal moves to another section. But may add more complexity to the UI.
      • Proposals at the bottom have been unboosted / have GEN staked against it. Since at the bottom, a bit of a signal. But still kind of awkward on the UI.
    • formatting issue in new update --> try to fix
  • Pausing Minting from the Bonding Curve
    • Proposal to pause bonding curve passed on 12-31-20
    • John’s recent post on options going forward: https://daotalk.org/t/pausing-minting-from-the-bonding-curve/2469/2
    • Plugin could go through with the multicall scheme
    • To change the protocal – will need to do another proposal
    • To respect the wishes of the REP voters, now scope of vote is about how to modify the curve
    • Snapshot proposal for DXD holders to vote on bonding curve issue: need to get more DXD holder participation
      • Is Snapshot a part of something offical or not
      • What about DXD Guild?
  • MultiCall Installation - Proposing Governance and Configuration Parameters
    • Should we test on xDAI or directly on Mainnet?
      • proposal to install both on mainnet and on xDAI at the same time, since mainnet proposals take longer to pass, if an issue appears on xdai, we’ll cartch it before the mainnet proposal goes through
      • Almost ready, need to wait til Swapr liquifity layout is deployed – latest tomorrow 12-31-20
    • Not currently using multicall for funding proposals, cannot move treasury; waiting to confirm security and externalities
    • Paramenters:
      • QueuedVotePeriodLimit
        • currently 45 days
        • Poll: ave 19.25 days
        • Outcome 21 days
      • ProposingRepReward?
        • Guilds – logistical issue of how REP rewards work when guilds exist, let REP be rewarded through the respective guilds?
        • Option to do both: incentivize participation and growth
        • congruent REP gained when “good participation” done on xdai also get on
        • Poll: ave 162
        • Check token registry for more accurate REP reward
        • Consensus on 0 because not worth claiming, too little REP
      • VotersReputationLossRatio – remove entirely?
        • Poll 25% yet, 85% no
        • missing opportunity for early signal votes
        • Check with Daostack on rationale for this parameter, is it really working out the way it was intended for our purposes?

• long term problem with fractalization and timing along with quorum

• note, guilds

  • Worker Comp Guidelines - any feedback/questions/things to add
    • How to calculate ETH payment (average of ETH price last week / alt future of of dai in treasury)
      • weekly average over the course of the month ?
      • volatility higher over the month
      • average fair to the DAO
      • but are we also playing games with the price?
      • stablecoins – cdai
    • Updated Open Positions / Bounty Doc:https://docs.google.com/document/d/1tD4s-IJqZZTG6zbaWlYIdvW65bA9UimdSaiOenBhJ5w/edit
    • Standards of Conduct
      • Contributor Covenant: https://www.contributor-covenant.org/version/2/0/code_of_conduct/
    • To begin thinking about : Performance Reviews

• Governance 1.x

  • DXD Snapshot page is up
    • do a daotalk post about snapshot and that we will be using it more for DXD holders.
    • Help to increase voter engagement --> 5000 DXD for test proposal pretty good, work to increase this
    • bonding curve proposal goes to Jan 5
  • DXvote is on Rinkeby

• Governance 2.0

  • Open feedback on Working Group

Shared Meeting Notes:

• Snapshot
  • #1: Are DXD holders interested in voting?
    • 20 Voters
    • YES 4.72k $DXD 96.88%
    • DON’T CARE 152.15 $DXD 3.12%
    • NO 0 $DXD 0%
  • #2: Do DXD holders agree with the consensus reached amongst REP holders to immediately halt the bonding curve?
    • 4 Voters
    • YES 565.24 $DXD 100%
    • NO 0 $DXD 0%
    • DON’T CARE 0 $DXD 0%

Meeting Take Away Action items:

• Test DXvote on Rinkeby [Everyone]

Video Recording:

• DXgov Weekly Meeting [2020-12-30]: https://youtu.be/xGZYYaDZIQE