Governance Discussion July 15, 2020

Meeting date: Wednesday, July 15, 2020
CEST (Berlin): 5:00pm
Buenos Aires: 12:00pm
New York: 11:00am
Houston: 10:00am
Denver: 9:00am
San Francisco: 8:00am
Meeting link:


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Meeting notes:

  • Structure and flow of these discussions. Three broad areas that topics fall into, 1. Budget and Resource allocation 2. Governance as a product/service 3. Manifesto and Documentation. More discussion in Consensus Working Group document
  • Governance as a product/service
    • How to have discussions and decisions that are represented onchain
    • Sky: How could DXdao govern Compound right now? Delegation?
    • Jef: DXpay as a possible way to vote on Layer 2
    • Ezra/Nylon/Augusto: signing transactions and other low-gas ideas
  • Manifesto!
    • Document started to lay out DXdao’s set of beliefs. Add your ideas
    • Different types of governance structure, 1. coded rules 2. Documents/guidelines 3. Culture
    • How immutable? Or what is process to amend?
  • Budget and Resources
    • REP, REP, REP
    • Tackling two underlying questions:
      1. How are REP holders incentivized for good governance?
      2. How do DXD holders protect their long-term interests?
    • Ezra: Clear guidelines for REP distribution so it is almost “permissionless”

Reply with corrections or additions.