Details
Time: Tuesdays at 9:00 am ET (1pm UTC).
Google Meet Link: meet.google.com/bms-grvp-jbw
Stewards:
- @5pence.eth (5pence.eth | X), Lead Steward
- @alextnetto.eth (netto.eth | X)
- @daostrat.eth (daostrat.eth| X)
Agenda
- Weekly Endowment Updates (@karpatkey + @Steakhouse )
- General DAO Updates Section
- Updates from Karpatkey [EP 6.1] [Executable] Convert 6,000 ETH to USDC for DAO Operating Expenses
- Service Provider Program
- Agora Demo of New Vote Results View
- Open Discussion
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Notes
1. Weekly Endowment Updates (@karpatkey + @Steakhouse )
- The endowment is around $77 million.
- Stablecoins are gaining a share of the portfolio as ETH goes down.
- Allocated funds are nearly at 100%, with an APR of 3.75%.
- Waiting til the end of the month before deciding on how to continue with TWAP.
2. General DAO Updates Section
2.1. Updates from Karpatkey [EP 6.1] [Executable] Convert 6,000 ETH to USDC for DAO Operating Expenses
2.2. Service Provider Program
- Questions were asked about the schedule, timeline, application process, and eligibility.
- All can be found in this forum post. MetaGov’s Facilitation Plan for SPP2
- The voting window will be open for five days
- The goal is to launch the vote on Wednesday (April 9th)
- It will be a rank-choice voting system
- Small change in the applications
- Conflict of interest part (coming on the application template)
2.3. Agora Demo of New Vote Results View
Demo
- Maz from Agora joined the call to demo the service provider stream visualization.
- The demo showcases the ranked-choice voting from Snapshot in a clearer way, addressing UI limitations.
- The UI shows who was a challenger, who was in disfavor, and who wasn’t in the ranked-choice.
- It also highlights 1 and 2-year streams
- Tooltips added about ranked-choice voting
- User flow: votes are cast on Snapshot, and UI visualizes those votes.
- The goal is to ensure that all votes are made with full knowledge of how the algorithm works.
Ideas for Improving Understanding
- Providing examples of different outcomes.
- Showing mock provider selections to see how the results play out.
- Suggested that delegates should see a difference displayed before they submit their votes, showing the consequences of their changes.
- This would allow delegates to play around and see what’s going on. Something like a simulation to test
- Suggestion for office hours with Agora, MetaGov, AvsA, or anyone else about questions for the Service Provider program and voting.
- Agreed to do it on the first of the month with each MetaGov / Delegate call.
3. Open Discussion
Agora cooking + ask
- Agora is building their product roadmap over the next year and trying to understand delegate pain points.
- Looking for people with strong opinions about their governance platforms to chat with them and do some user research.
- If you want, you can ping @brennan_agora from Agora and have a chat!
MetaGov Plans
- MetaGov is thinking about ways to put out content that might make things easier, such as videos or simulated selection processes.
- They will continue to leave space in the calls for open questions and conversations.
- Thinking about making another small post about any questions, and encouraging people to join the MetaGov calls.
- Anyone getting ready to submit an application should keep an eye on a small change to the bottom of the application in the conflict of interest statement, which will give them the opportunity to speak more about their financials.