Open Discussion of Proposal(s) - Bi-weekly Governance Call

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AplOttr

00:00

Quick updates from people like Krzysztof and just kind of updates of the call in like or of the DAO overall. But the intention of this call is specifically to be around new proposals, or proposals at some point in their development life cycle. So that's why we're getting started with Daniel with the on chain. AIP. Go ahead. Dan, Daniel, all right. Thank

Daniel Ospina

00:22

you. So the proposal is on, is on tally. We have done a few revisions to incorporate the feedback, most notably the elimination of the on chain mechanism. So the collab berry grant has been removed. And also we have made a few small adjustments to the budget, like, for example, adding based on one on one feedback that we receive, adding an extra reporting three months after so there was a tiny increase in some areas because of that, etc. But overall, the program is coming quite a bit cheaper than the than the previous, than the snapshot suggested. So there, we're more or less on target, and we also added the volatility buffer for our price fluctuations. However, we're expecting the market to go up, so hopefully none of that is used, and actually the MSS will be returning funds to the DAO at the end of this, as I was saying, We clarified a little bit more about the reporting. We also clarify a little bit more about how the investment agreement will work with the Arbitrum Foundation, and we already started the process of coordinating with them to figure that out. Ultimately, the the situation is, we're going to look together at the very fine details of how this works. But the guideline is that we have a 5050, split with the the Arbitrum foundation on the benefits of of these agreements, and that is spending confirmation with the foundation. If the foundation were to say, actually what are Dao is proposing is completely unviable, then the program gets canceled and the funds return. Now we're not expecting that scenario, but just to have the safety mechanism for the DAO there, we added it. And that's primarily that's primarily it. If there is any extra questions or things like that. Let me know, almost forgot to mention, we also added a section updating on the results of the previous program, knowing that both programs are quite different. But if you want to go deeper into how the previous program went, what we have learned from that how this program is different, you can go to the FAQ section in the forum, and we have an in depth explanation. That's it for now. Let me know if you have any questions. If anybody has

AplOttr

02:49

any questions, we have about one minute for questions.

AplOttr

02:59

All right, I guess, not cool. So next up, we have myself and I do apologize to everyone we are not able to record the call. I just pinged Clifton and RAM to see if they could come in and try to record. But sin case and Chris off, if you guys could try to record, that'd be awesome. Other but either way, I am taking a screenshot of everyone who's here, sending it to see last time so they know, so they can make sure to give them bonus points for this. And we also have an auto recorder, so everyone should be able to get that cool. So I am next up starting the countdown cool.

Unknown Speaker

03:42

Yeah, cool.

AplOttr

03:54

So this is on the designing and reporting information dissemination function. You guys should be able to see my screen in a moment. But in the meantime, whoops, but, but in the meantime, basically, what, what this is about, it's currently in the it's it's currently in the in the forum and and basically the overview of this is it's work that I have already been doing and designing and setting up. It's in it's a lot of the GRC calls and setting up reporting function overall. Basically, the DAO right now does not have, or previously the DAO did not have a reporting function. We just had sign of, kind of some like governance calls, and each each initiative was responsible for, for reporting in its in its own way. Now the problem with that is that, you know, if we have 420, 5 million expenditure, just to be clear, that's how much has been allocated, not how much has been spent, we we as a large and complicated organization, should be able to understand the status of all these things, where they're where they're going, how they're doing, and should be able to then you'd leverage that information to improve and kind of iterate from there. We are starting now to do that. So starting in August, I went through and took like based off what, what Christopher had done the first time, made a list of all the initiatives, because he never really had one, went through all the tallies to see their current status. Started to standardize some of the reporting of, okay, what questions are we asking? Put it onto a Google Doc. Realized that didn't work very well. Put it all into a notion. Started to follow up more consistently with with with these, with these initiatives, including, there was, like, some some tasks that came out of it, like we had to make sure that for the MSS, the event horizon, guys could remove their their MS, s, right, things like that. So basically this is setting up that that reporting, the reporting function. Now, to be clear, there is reporting and there's information dissemination. Reporting is just like in the way that I'm that lumin and I have been thinking about it from powerhouse and and basically reporting is just, hey, here's what's going on. The information dissemination is the marketing, it the letting everyone know within the DAO, etc, etc. The feedback we've got so far is that people want this to cost less and that people don't want to pay for the design of more things. So based on what, based on what happens, like the the next steps is, I'll have an open call tomorrow. We'll gather more information. I'll continue responding on the forum, but I'm going to iterate on proposal from the fifth to the 12th, and then go to snapshot from the 12th to the 19th, focusing more so on just what we have now, and not really designing everything new or like any anything new. And then, and then, kind of going from there, go ahead, Paula, I think we have two minutes left on

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