Re-submissions for moving 400eth after the issue was fixed -the new relayer contract allows transfer, will first test with 5eth, then move the remaining 395eth to swapr on xdai, convert to 5 different pairs and bridge, increasing Swapr liquidity on xdai
Burning the hacker’s REP
Gem1no says he is very appreciative of the support and he’s impressed by how the whole situation was handled.
Nylon may make a tutorial on how to query the graph to find the amount of rep.
There’s a new option in blockscout to verify contracts similar to etherscan?
REP boost kabello who’s been active on Keybase /Omen/, and Discord
Proposal to retain outside legal counsel for DXdao.
PulpMachina claiming Mainnet REP to be synchronized with xDai
QwellCode’s work on the network switchers.
DXdao discord active contributers reward -quarterly -rep distribution to community members -boosted inteh moening ready to vote
Tray’s Marketing exec search proposal passed last night
Need to read and vote (and/or comment) on the DaoTalk post for setting the parameters of the farming campaigns for swapr beta, in order to formalize a proposal.
- How to redeem REP:
-If you voted on a proposal and staked .04% of your REP, even after it is closed, you won’t be able to use it on other proposals until you manually claim it, it’s not automatically retrieved. You need to go back to the proposal and reclaim you REP. The notification that tells you if there is any REP to claim doesn’t work on xDai. You have to find each proposal on Alchemy and click the blue button to claim.
-John said one could also find the proposal IDs on blockscout and paste them in Alchemy to find.
- Treasury diversification v2
-Now anyone can submit. The fund transfers are clear, the process is using a previous authorisation post.
-We need to do a transfer to xdai, but Phil, the auditor, uses USDc, so we’d need usdc as well. Those trades don’t fall under treasury diersification.
Sky raised the question about the maximum tolerated amount we could have on xDai chain?
-Not more than 500k for funding normal operations. Including Swapr, max 10% of treasury?
-John said weth/dai helps balance the treasury, earning fees.
-Dave reminded that Swapr xdai revenue goes to treasury on mainnet, doesn’t stay on xdai.
John shared a vision that Swapr can be the best exchange on xDai. Currently in terms of farming we’re only behind HoneySwap and BaoSwap, but we have new things coming.
Sky asked whether having Eth and Dai in Swapr pools would be better versus Eth in treasiry potentially growing in value.
-John says as we don’t know if there will be a bear market, both are options, but more liquidity in Swapr helps advance it more easily.
-We do need liquidity for operations.
-Chris said eth,dai are a great part of the portfolio for stablecoin yield.
- DXD Buyback
-the code for swapr farming liquidity relayer is released, community members can now deploy
-this would allow DXdao to interact with the farming contracts.
-multicall whitelisted all the relayers: swapr liquidity, farming liquidity…
-John said current governance contracts can’t do approves and need relayers. The ultimate goal is to retire the multisigs.
-Chris & Tammy are working on documentation for the buyback.
-John asked if we should have the buyback on xdai or mainnet. xDai is quicker and cheaper. Funds are small, so no whitelisting.
-Geronimo said on xDai it will be easier for the whole REP base to partake
-We want ot buy sooner while it’s still cheap.
-Tammy reminded that we’re low on DXD liquidity in xDXdao, so buying on xDai can solve this.
-Martin said it makes sense to pull dxd owners to xdai, because it is the sidechain we’re on now.
-John asked if we should use gnosis protocol v1, given they will deprecate it. Near term is fine, but we need to move to something else. The easiest backup is to do a buyback through Swapr with a small modification to the liquidity relayer, and later we can use the new Mesa/aqua/.
-A multi-call on mainnet will take long with whitelisting, while on xDai there would be no whitelist for the multicall with less funds at risk.
-With a few proposals passing with absolute majority, on xDai every proposal could possibly pass withing hours.
- Melanie shared an update on the Contributor UX
-by end of week a new doc will be shared on Keybase’s contributer hub
-regarding the marketing lead, we’ll aim to have 3 candidates to talk to us
-EthWorks will give us a developer to help with Swapr.
-Vested DXD tracking sheet is great. Will reach out individually to everyone to share
-Ally went through all past proposals
-There’s nothing outstanding at the moment, but it’s a ticking clock.
-Blackscale will contribute to the development of a solution to track what everyone is owed and distribute.
-Ally mentioned that a spreadsheet tracking what REP everyone is owed is also in the works.
- Augusto commented on DXvote, Alchemy
-received an audit, need more work, but acceptable near term
-will have a cache of info on xdai, rinkeby, arbitrum…
-Chris mentioned there will be a bi-weekly call for DXvote to help Augusto decide which features to prioritize for current version and what to work on in future versions.