Governance Discussion, Mar 3, 2021

Meeting date: Wednesday, March 3, 2021

UTC Time: 4:00pm

Meeting link: https://meet.jit.si/dxdao

Ongoing Governance Initiatives

Agenda:

Proposal Roundup:

On the horizon

  • Buyback - Tammy update
  • Relayer update
  • xDai Swapr - fund relayer and deposit liquidity

Current happenings

Anything to add?

Other times:
Hong Kong: 11:00pm
CEST (Berlin): 5:00pm
Buenos Aires: 12:00pm
Brooklyn: 11:00am
Houston: 10:00am
Denver: 9:00am
San Francisco: 8:00am

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Meeting notes: DXgov Weekly Meeting [2021-03-03] - HackMD

Meeting recording: DXgov Weekly Meeting [2021-03-03] - YouTube

There were some questions about xDai proposal process and how REP awards are distributed. A couple things:

  • Once a quarter we will do a proposal on mainnet for REP awards to multiple addresses through the process outlined by @nylon in this post.
  • Any main net REP is claimable on xDai in the same amount (number, not percentage) on Mainnet. This is to inflate and grow xDai rep. xDai base has 859k REP compared to 1.51m on home base. This is because some REP on Gnosis Safe was not mapped over. When main net REP was copied, it was copied in the same amounts for addresses that mapped over. Going forward, any main net REP is claimable on xDai in the same number amount.
  • In each worker proposal on xDai, include 1. Amount of compensation in ETH/Dai 2. Amount of Mainnet REP award 3. DXD compensation (vested). To make things easier, I made a worker compensation calculator. Enter your worker level, % time and what month of your proposal and you should get these three items. Copy them into your proposal. The spreadsheet will be updated and goes back to Nov 1 if there are past worker proposals that need to be done.
  • There was also a request for WETH payment on xDai. I will make another proposal to fund the xDai base. These funds will be earmarked for worker proposals but also used for liquidity in Swapr on xDai