Governance Discussion, Mar 17, 2021

Meeting date: Wednesday, March 17, 2021

UTC Time: 4:00pm

Meeting link:

Ongoing Governance Initiatives


Anything to add?

Hong Kong: 11:00pm
CEST (Berlin): 5:00pm
Buenos Aires: 1:00pm
Brooklyn: 12:00pm
Houston: 11:00am
Denver: 10:00am
San Francisco: 9:00am



  • Mainnet proposals are in decline, but that’s okay! Governance can move
  • Treasury discussion, consensus is to stick with existing Treasury authorization proposal (and continue to accumulate USDT and sUSD) and then discuss more after treasury has $3m. There are a bunch of Swapr liquidity proposals in the queue, putting increasing amounts of liquidity in Swapr and others to test withdrawing liquidity
  • Lots of discussion on Augusto’s worker proposal. Disagreements over fulfillment of worker scope and the combination of two month salary
  • HR and Recruiting New Contributors - looking to expand and grow, but candidates must be a fit. Check out post for more

Meeting Take Away Action items:

  • Check and evaluate worker proposals as they come [everyone]
  • Vote on the Meme Competition; post in DXer [everyone]
  • Keep on treasury diversification path for sUSD & USDT, but reevaluate for next authorization proposal
  • REP boosts - nominate and think of plan to reward Discord contributors
  • Governance refunds #4 get in proposal and shift work to Dave
  • EIP 1559 - @Powers post a signal proposal on xDai base