WEBVTT Kind: captions Language: en 00:00:00.000 --> 00:00:04.350 align:start position:0% foreign 00:00:04.350 --> 00:00:04.360 align:start position:0% 00:00:04.360 --> 00:00:14.350 align:start position:0% [Music] 00:00:14.350 --> 00:00:14.360 align:start position:0% 00:00:14.360 --> 00:00:16.730 align:start position:0% I'm<00:00:15.360> the<00:00:15.540> head<00:00:15.660> of<00:00:15.839> sales<00:00:15.960> of<00:00:16.260> chain<00:00:16.440> security 00:00:16.730 --> 00:00:16.740 align:start position:0% I'm the head of sales of chain security 00:00:16.740 --> 00:00:19.849 align:start position:0% I'm the head of sales of chain security and<00:00:17.520> this<00:00:17.699> is<00:00:17.820> estadio<00:00:18.320> the<00:00:19.320> core<00:00:19.619> unit 00:00:19.849 --> 00:00:19.859 align:start position:0% and this is estadio the core unit 00:00:19.859 --> 00:00:22.730 align:start position:0% and this is estadio the core unit facilitator<00:00:20.699> of<00:00:21.180> makerdale<00:00:21.779> Data<00:00:22.260> Insights 00:00:22.730 --> 00:00:22.740 align:start position:0% facilitator of makerdale Data Insights 00:00:22.740 --> 00:00:26.750 align:start position:0% facilitator of makerdale Data Insights he<00:00:22.980> should<00:00:23.160> find<00:00:23.340> the<00:00:23.580> shorter<00:00:23.820> job<00:00:24.060> title<00:00:24.539> so 00:00:26.750 --> 00:00:26.760 align:start position:0% he should find the shorter job title so 00:00:26.760 --> 00:00:28.550 align:start position:0% he should find the shorter job title so um<00:00:26.820> today<00:00:27.119> I'm<00:00:27.660> going<00:00:27.840> to<00:00:27.900> be<00:00:28.019> talking<00:00:28.199> we're 00:00:28.550 --> 00:00:28.560 align:start position:0% um today I'm going to be talking we're 00:00:28.560 --> 00:00:31.609 align:start position:0% um today I'm going to be talking we're gonna<00:00:28.800> be<00:00:28.980> talking<00:00:29.220> about<00:00:29.939> uh<00:00:30.720> statistics<00:00:31.260> on 00:00:31.609 --> 00:00:31.619 align:start position:0% gonna be talking about uh statistics on 00:00:31.619 --> 00:00:34.549 align:start position:0% gonna be talking about uh statistics on maker<00:00:31.980> Dao<00:00:32.399> vote<00:00:32.759> delegation 00:00:34.549 --> 00:00:34.559 align:start position:0% maker Dao vote delegation 00:00:34.559 --> 00:00:36.830 align:start position:0% maker Dao vote delegation um<00:00:34.620> and<00:00:34.800> you<00:00:34.920> might<00:00:35.100> be<00:00:35.219> wondering<00:00:35.579> why<00:00:36.180> me 00:00:36.830 --> 00:00:36.840 align:start position:0% um and you might be wondering why me 00:00:36.840 --> 00:00:38.630 align:start position:0% um and you might be wondering why me from<00:00:37.200> chain<00:00:37.380> Securities<00:00:37.980> and<00:00:38.340> not<00:00:38.460> from 00:00:38.630 --> 00:00:38.640 align:start position:0% from chain Securities and not from 00:00:38.640 --> 00:00:41.330 align:start position:0% from chain Securities and not from makerdale<00:00:39.180> why<00:00:39.780> am<00:00:39.899> I<00:00:40.020> talking<00:00:40.140> about<00:00:40.440> this 00:00:41.330 --> 00:00:41.340 align:start position:0% makerdale why am I talking about this 00:00:41.340 --> 00:00:43.130 align:start position:0% makerdale why am I talking about this um so<00:00:41.820> chain<00:00:42.059> security<00:00:42.360> we're<00:00:42.840> a<00:00:43.020> smart 00:00:43.130 --> 00:00:43.140 align:start position:0% um so chain security we're a smart 00:00:43.140 --> 00:00:45.590 align:start position:0% um so chain security we're a smart contract<00:00:43.500> Auditors<00:00:43.980> and<00:00:44.219> we<00:00:44.460> work<00:00:44.640> with<00:00:45.000> many 00:00:45.590 --> 00:00:45.600 align:start position:0% contract Auditors and we work with many 00:00:45.600 --> 00:00:48.110 align:start position:0% contract Auditors and we work with many large<00:00:45.899> D5<00:00:46.260> protocols<00:00:46.920> including<00:00:47.340> maker<00:00:47.760> Dao 00:00:48.110 --> 00:00:48.120 align:start position:0% large D5 protocols including maker Dao 00:00:48.120 --> 00:00:49.729 align:start position:0% large D5 protocols including maker Dao with<00:00:48.600> whom<00:00:48.780> we've<00:00:49.020> had<00:00:49.200> a<00:00:49.440> very<00:00:49.620> close 00:00:49.729 --> 00:00:49.739 align:start position:0% with whom we've had a very close 00:00:49.739 --> 00:00:52.790 align:start position:0% with whom we've had a very close partnership<00:00:50.219> for<00:00:50.640> quite<00:00:50.940> some<00:00:51.120> time<00:00:51.559> and<00:00:52.559> as 00:00:52.790 --> 00:00:52.800 align:start position:0% partnership for quite some time and as 00:00:52.800 --> 00:00:54.889 align:start position:0% partnership for quite some time and as head<00:00:53.039> of<00:00:53.160> sales<00:00:53.340> of<00:00:53.520> chain<00:00:53.700> security<00:00:54.000> I've<00:00:54.660> had 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align:start position:0% that almost looks like an RFP you know 00:01:02.460 --> 00:01:04.430 align:start position:0% that almost looks like an RFP you know like<00:01:02.699> a<00:01:02.879> public<00:01:03.000> tender<00:01:03.420> to<00:01:03.899> sell<00:01:04.140> something 00:01:04.430 --> 00:01:04.440 align:start position:0% like a public tender to sell something 00:01:04.440 --> 00:01:06.230 align:start position:0% like a public tender to sell something to<00:01:04.860> a<00:01:05.040> state 00:01:06.230 --> 00:01:06.240 align:start position:0% to a state 00:01:06.240 --> 00:01:09.170 align:start position:0% to a state um and<00:01:06.420> I<00:01:06.540> was<00:01:06.659> kind<00:01:06.840> of<00:01:06.960> wondering 00:01:09.170 --> 00:01:09.180 align:start position:0% um and I was kind of wondering 00:01:09.180 --> 00:01:11.750 align:start position:0% um and I was kind of wondering um<00:01:09.240> what<00:01:10.020> exactly<00:01:10.500> is<00:01:10.920> the<00:01:11.159> difference<00:01:11.340> you 00:01:11.750 --> 00:01:11.760 align:start position:0% um what exactly is the difference you 00:01:11.760 --> 00:01:14.270 align:start position:0% um what exactly is the difference you know<00:01:11.820> when<00:01:12.119> you<00:01:12.360> talk<00:01:12.900> to<00:01:13.200> some<00:01:13.500> people<00:01:13.740> and<00:01:14.159> it 00:01:14.270 --> 00:01:14.280 align:start position:0% know when you talk to some people and it 00:01:14.280 --> 00:01:16.730 align:start position:0% know when you talk to some people and it seems<00:01:14.520> like<00:01:14.640> a<00:01:14.820> decision<00:01:15.119> is<00:01:15.420> made<00:01:15.720> and<00:01:16.619> then 00:01:16.730 --> 00:01:16.740 align:start position:0% seems like a decision is made and then 00:01:16.740 --> 00:01:19.310 align:start position:0% seems like a decision is made and then oh<00:01:17.100> yeah<00:01:17.280> it's<00:01:17.460> the<00:01:17.700> Dao<00:01:18.119> but<00:01:18.479> sometimes<00:01:19.140> it 00:01:19.310 --> 00:01:19.320 align:start position:0% oh yeah it's the Dao but sometimes it 00:01:19.320 --> 00:01:21.350 align:start position:0% oh yeah it's the Dao but sometimes it doesn't<00:01:19.500> feel<00:01:19.799> that<00:01:20.040> different<00:01:20.280> so<00:01:20.820> I<00:01:21.240> was 00:01:21.350 --> 00:01:21.360 align:start position:0% doesn't feel that different so I was 00:01:21.360 --> 00:01:25.310 align:start position:0% doesn't feel that different so I was kind<00:01:21.479> of<00:01:21.600> wondering<00:01:21.960> okay<00:01:22.680> how<00:01:23.580> exactly<00:01:24.240> uh<00:01:25.080> is 00:01:25.310 --> 00:01:25.320 align:start position:0% kind of wondering okay how exactly uh is 00:01:25.320 --> 00:01:27.230 align:start position:0% kind of wondering okay how exactly uh is the<00:01:25.500> community<00:01:25.680> represented<00:01:26.640> in<00:01:27.060> those 00:01:27.230 --> 00:01:27.240 align:start position:0% the community represented in those 00:01:27.240 --> 00:01:28.789 align:start position:0% the community represented in those doubts 00:01:28.789 --> 00:01:28.799 align:start position:0% doubts 00:01:28.799 --> 00:01:32.090 align:start position:0% doubts um<00:01:28.860> and<00:01:29.460> uh<00:01:29.939> two<00:01:30.180> look<00:01:30.420> at<00:01:30.540> that<00:01:30.799> helped<00:01:31.799> me<00:01:31.920> a 00:01:32.090 --> 00:01:32.100 align:start position:0% um and uh two look at that helped me a 00:01:32.100 --> 00:01:32.870 align:start position:0% um and uh two look at that helped me a lot 00:01:32.870 --> 00:01:32.880 align:start position:0% lot 00:01:32.880 --> 00:01:35.149 align:start position:0% lot um<00:01:33.000> because<00:01:33.420> we<00:01:33.659> looked<00:01:33.960> at<00:01:34.140> vote<00:01:34.740> delegation 00:01:35.149 --> 00:01:35.159 align:start position:0% um because we looked at vote delegation 00:01:35.159 --> 00:01:39.170 align:start position:0% um because we looked at vote delegation in<00:01:35.520> maker<00:01:36.420> so<00:01:36.840> that<00:01:36.960> was<00:01:37.140> introduced<00:01:37.820> uh<00:01:38.820> in 00:01:39.170 --> 00:01:39.180 align:start position:0% in maker so that was introduced uh in 00:01:39.180 --> 00:01:43.670 align:start position:0% in maker so that was introduced uh in the<00:01:39.600> summer<00:01:39.780> of<00:01:40.140> 2021<00:01:40.939> and<00:01:41.939> uh<00:01:42.720> so<00:01:43.320> what<00:01:43.500> I 00:01:43.670 --> 00:01:43.680 align:start position:0% the summer of 2021 and uh so what I 00:01:43.680 --> 00:01:46.069 align:start position:0% the summer of 2021 and uh so what I wanted<00:01:43.799> to<00:01:43.979> do<00:01:44.100> was<00:01:44.340> to<00:01:44.520> look<00:01:44.640> okay<00:01:44.880> since<00:01:45.840> it's 00:01:46.069 --> 00:01:46.079 align:start position:0% wanted to do was to look okay since it's 00:01:46.079 --> 00:01:48.050 align:start position:0% wanted to do was to look okay since it's been<00:01:46.259> introduced<00:01:46.740> what<00:01:47.159> has<00:01:47.400> changed<00:01:47.640> what 00:01:48.050 --> 00:01:48.060 align:start position:0% been introduced what has changed what 00:01:48.060 --> 00:01:51.050 align:start position:0% been introduced what has changed what were<00:01:48.240> the<00:01:48.420> effects<00:01:48.840> of<00:01:49.799> uh<00:01:50.280> voting<00:01:50.640> delegation 00:01:51.050 --> 00:01:51.060 align:start position:0% were the effects of uh voting delegation 00:01:51.060 --> 00:01:54.710 align:start position:0% were the effects of uh voting delegation so<00:01:51.960> just<00:01:52.200> you<00:01:52.500> know<00:01:52.560> kind<00:01:52.740> of<00:01:52.920> some<00:01:53.340> data<00:01:53.820> to<00:01:54.240> to 00:01:54.710 --> 00:01:54.720 align:start position:0% so just you know kind of some data to to 00:01:54.720 --> 00:01:57.530 align:start position:0% so just you know kind of some data to to kind<00:01:55.079> of<00:01:55.200> put<00:01:55.439> things<00:01:55.740> in<00:01:55.979> perspective 00:01:57.530 --> 00:01:57.540 align:start position:0% kind of put things in perspective 00:01:57.540 --> 00:02:00.469 align:start position:0% kind of put things in perspective um<00:01:57.600> holders<00:01:58.320> of<00:01:58.619> maker<00:01:59.100> tokens<00:01:59.460> vote<00:02:00.180> one 00:02:00.469 --> 00:02:00.479 align:start position:0% um holders of maker tokens vote one 00:02:00.479 --> 00:02:03.410 align:start position:0% um holders of maker tokens vote one maker<00:02:00.840> token<00:02:01.259> equals<00:02:01.860> one<00:02:02.159> vote<00:02:02.460> so<00:02:02.700> and<00:02:03.240> there 00:02:03.410 --> 00:02:03.420 align:start position:0% maker token equals one vote so and there 00:02:03.420 --> 00:02:05.149 align:start position:0% maker token equals one vote so and there are<00:02:03.540> approximately<00:02:03.960> one<00:02:04.500> million<00:02:04.799> maker 00:02:05.149 --> 00:02:05.159 align:start position:0% are approximately one million maker 00:02:05.159 --> 00:02:07.730 align:start position:0% are approximately one million maker tokens<00:02:05.520> in<00:02:05.759> circulation<00:02:06.259> and<00:02:07.259> that<00:02:07.380> has<00:02:07.560> been 00:02:07.730 --> 00:02:07.740 align:start position:0% tokens in circulation and that has been 00:02:07.740 --> 00:02:11.089 align:start position:0% tokens in circulation and that has been the<00:02:07.979> same<00:02:08.099> in<00:02:08.399> 2021<00:02:08.940> and<00:02:09.239> 2022<00:02:09.959> so<00:02:10.619> the<00:02:10.920> whole 00:02:11.089 --> 00:02:11.099 align:start position:0% the same in 2021 and 2022 so the whole 00:02:11.099 --> 00:02:12.589 align:start position:0% the same in 2021 and 2022 so the whole period<00:02:11.459> studied<00:02:12.060> let's<00:02:12.360> say<00:02:12.480> it's 00:02:12.589 --> 00:02:12.599 align:start position:0% period studied let's say it's 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position:0% token holder but the problem is that 00:02:21.360 --> 00:02:24.290 align:start position:0% token holder but the problem is that voting<00:02:21.840> takes<00:02:22.260> time<00:02:22.680> and<00:02:22.980> money<00:02:23.220> hence<00:02:24.060> the 00:02:24.290 --> 00:02:24.300 align:start position:0% voting takes time and money hence the 00:02:24.300 --> 00:02:27.050 align:start position:0% voting takes time and money hence the introduction<00:02:24.720> of<00:02:25.260> Delegation<00:02:26.060> basically 00:02:27.050 --> 00:02:27.060 align:start position:0% introduction of Delegation basically 00:02:27.060 --> 00:02:30.530 align:start position:0% introduction of Delegation basically allowing<00:02:27.900> maker<00:02:28.440> token<00:02:28.800> holders<00:02:29.220> to<00:02:30.000> entrust 00:02:30.530 --> 00:02:30.540 align:start position:0% allowing maker token holders to entrust 00:02:30.540 --> 00:02:34.130 align:start position:0% allowing maker token holders to entrust someone<00:02:31.140> a<00:02:32.099> third<00:02:32.340> party<00:02:32.640> with<00:02:33.480> their<00:02:33.720> voting 00:02:34.130 --> 00:02:34.140 align:start position:0% someone a third party with their voting 00:02:34.140 --> 00:02:35.869 align:start position:0% someone a third party with their voting power<00:02:34.319> so 00:02:35.869 --> 00:02:35.879 align:start position:0% power so 00:02:35.879 --> 00:02:37.430 align:start position:0% power so um meaning<00:02:36.180> it's<00:02:36.599> kind<00:02:36.900> of<00:02:37.020> like<00:02:37.200> a 00:02:37.430 --> 00:02:37.440 align:start position:0% um meaning it's kind of like a 00:02:37.440 --> 00:02:39.350 align:start position:0% um meaning it's kind of like a politician<00:02:37.980> in<00:02:38.280> the<00:02:38.400> end<00:02:38.520> you<00:02:38.700> know<00:02:38.879> that<00:02:39.120> you 00:02:39.350 --> 00:02:39.360 align:start position:0% politician in the end you know that you 00:02:39.360 --> 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align:start position:0% and they're going to be involved in this process<00:02:45.120> you<00:02:45.420> know<00:02:45.540> of<00:02:45.660> reading<00:02:46.080> on<00:02:46.440> the 00:02:46.610 --> 00:02:46.620 align:start position:0% process you know of reading on the 00:02:46.620 --> 00:02:48.110 align:start position:0% process you know of reading on the potential<00:02:46.980> decisions<00:02:47.400> the<00:02:47.760> potential 00:02:48.110 --> 00:02:48.120 align:start position:0% potential decisions the potential 00:02:48.120 --> 00:02:51.530 align:start position:0% potential decisions the potential changes<00:02:48.599> that<00:02:48.840> are<00:02:48.959> going<00:02:49.140> to<00:02:49.260> be<00:02:49.319> implemented 00:02:51.530 --> 00:02:51.540 align:start position:0% changes that are going to be implemented 00:02:51.540 --> 00:02:53.030 align:start position:0% changes that are going to be implemented um<00:02:51.599> one<00:02:51.900> thing<00:02:52.019> that<00:02:52.200> is<00:02:52.379> kind<00:02:52.500> of<00:02:52.620> interesting 00:02:53.030 --> 00:02:53.040 align:start position:0% um one thing that is kind of interesting 00:02:53.040 --> 00:02:55.250 align:start position:0% um one thing that is kind of interesting is<00:02:53.340> that<00:02:53.640> as<00:02:54.000> opposed<00:02:54.300> to<00:02:54.300> a<00:02:54.540> politician<00:02:55.019> where 00:02:55.250 --> 00:02:55.260 align:start position:0% is that as opposed to a politician where 00:02:55.260 --> 00:02:57.050 align:start position:0% is that as opposed to a politician where you<00:02:55.440> have<00:02:55.560> a<00:02:55.739> fixed<00:02:56.040> term<00:02:56.160> four<00:02:56.519> years<00:02:56.700> or 00:02:57.050 --> 00:02:57.060 align:start position:0% you have a fixed term four years or 00:02:57.060 --> 00:02:59.449 align:start position:0% you have a fixed term four years or whatever<00:02:57.180> here<00:02:57.959> you<00:02:58.200> can<00:02:58.319> undelegate<00:02:59.040> at<00:02:59.280> any 00:02:59.449 --> 00:02:59.459 align:start position:0% whatever here you can undelegate at any 00:02:59.459 --> 00:03:01.910 align:start position:0% whatever here you can undelegate at any point<00:02:59.640> so<00:02:59.819> if<00:03:00.000> at<00:03:00.180> some<00:03:00.300> point<00:03:00.420> the<00:03:00.660> so<00:03:01.319> you<00:03:01.739> as 00:03:01.910 --> 00:03:01.920 align:start position:0% point so if at some point the so you as 00:03:01.920 --> 00:03:04.130 align:start position:0% point so if at some point the so you as a<00:03:02.099> delegator<00:03:02.580> you<00:03:03.060> delegate<00:03:03.480> your<00:03:03.660> tokens<00:03:03.959> but 00:03:04.130 --> 00:03:04.140 align:start position:0% a delegator you delegate your tokens but 00:03:04.140 --> 00:03:05.750 align:start position:0% a delegator you delegate your tokens but you<00:03:04.260> can<00:03:04.379> undelegate<00:03:05.040> at<00:03:05.220> any<00:03:05.400> point<00:03:05.519> so 00:03:05.750 --> 00:03:05.760 align:start position:0% you can undelegate at any point so 00:03:05.760 --> 00:03:07.670 align:start position:0% you can undelegate at any point so basically<00:03:06.180> firing<00:03:06.959> them<00:03:07.140> you<00:03:07.379> know<00:03:07.440> if<00:03:07.560> you 00:03:07.670 --> 00:03:07.680 align:start position:0% basically firing them you know if you 00:03:07.680 --> 00:03:08.930 align:start position:0% basically firing them you know if you want 00:03:08.930 --> 00:03:08.940 align:start position:0% want 00:03:08.940 --> 00:03:10.490 align:start position:0% want um<00:03:09.060> and<00:03:09.300> so<00:03:09.420> there<00:03:09.599> are<00:03:09.780> two<00:03:10.019> types<00:03:10.379> of 00:03:10.490 --> 00:03:10.500 align:start position:0% um and so there are two types of 00:03:10.500 --> 00:03:12.530 align:start position:0% um and so there are two types of delegates<00:03:10.980> you<00:03:11.220> have<00:03:11.400> the<00:03:11.580> shadow<00:03:11.819> delegates 00:03:12.530 --> 00:03:12.540 align:start position:0% delegates you have the shadow delegates 00:03:12.540 --> 00:03:14.869 align:start position:0% delegates you have the shadow delegates so<00:03:12.900> it's<00:03:13.080> permissionless<00:03:13.680> is<00:03:13.980> as<00:03:14.099> if<00:03:14.640> I<00:03:14.760> was 00:03:14.869 --> 00:03:14.879 align:start position:0% so it's permissionless is as if I was 00:03:14.879 --> 00:03:16.850 align:start position:0% so it's permissionless is as if I was saying<00:03:15.060> all<00:03:15.239> right<00:03:15.379> I<00:03:16.379> know<00:03:16.500> you<00:03:16.680> know 00:03:16.850 --> 00:03:16.860 align:start position:0% saying all right I know you know 00:03:16.860 --> 00:03:19.490 align:start position:0% saying all right I know you know everything<00:03:17.640> you<00:03:18.120> know<00:03:18.180> about<00:03:18.360> maker<00:03:18.900> I<00:03:19.260> trust 00:03:19.490 --> 00:03:19.500 align:start position:0% everything you know about maker I trust 00:03:19.500 --> 00:03:21.410 align:start position:0% everything you know about maker I trust you<00:03:19.620> to<00:03:19.739> take<00:03:19.920> decisions<00:03:20.280> for<00:03:20.519> me<00:03:20.700> and<00:03:21.239> it's 00:03:21.410 --> 00:03:21.420 align:start position:0% you to take decisions for me and it's 00:03:21.420 --> 00:03:23.690 align:start position:0% you to take decisions for me and it's kind<00:03:21.659> of<00:03:21.780> just<00:03:22.080> peer-to-peer<00:03:22.860> between<00:03:23.400> him 00:03:23.690 --> 00:03:23.700 align:start position:0% kind of just peer-to-peer between him 00:03:23.700 --> 00:03:25.850 align:start position:0% kind of just peer-to-peer between him and<00:03:23.879> me<00:03:24.000> but<00:03:24.659> they<00:03:24.840> are<00:03:25.019> also<00:03:25.260> recognized 00:03:25.850 --> 00:03:25.860 align:start position:0% and me but they are also recognized 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so<00:03:33.900> this<00:03:34.140> is<00:03:34.319> an<00:03:34.680> example<00:03:34.980> of 00:03:35.149 --> 00:03:35.159 align:start position:0% about them and so this is an example of 00:03:35.159 --> 00:03:37.970 align:start position:0% about them and so this is an example of the<00:03:35.400> two<00:03:35.580> biggest<00:03:35.900> uh<00:03:36.900> delegates<00:03:37.379> in<00:03:37.620> maker 00:03:37.970 --> 00:03:37.980 align:start position:0% the two biggest uh delegates in maker 00:03:37.980 --> 00:03:40.610 align:start position:0% the two biggest uh delegates in maker Dao<00:03:38.340> so<00:03:39.239> here<00:03:39.480> you<00:03:39.659> can<00:03:39.780> see<00:03:39.900> you<00:03:40.140> know<00:03:40.260> how 00:03:40.610 --> 00:03:40.620 align:start position:0% Dao so here you can see you know how 00:03:40.620 --> 00:03:42.770 align:start position:0% Dao so here you can see you know how much<00:03:40.799> they<00:03:41.280> participate<00:03:41.760> in<00:03:42.000> votes<00:03:42.420> how<00:03:42.659> much 00:03:42.770 --> 00:03:42.780 align:start position:0% much they participate in votes how much 00:03:42.780 --> 00:03:45.229 align:start position:0% much they participate in votes how much they<00:03:42.959> communicate<00:03:43.500> on<00:03:43.739> the<00:03:43.860> forums<00:03:44.280> you<00:03:45.120> can 00:03:45.229 --> 00:03:45.239 align:start position:0% they communicate on the forums you can 00:03:45.239 --> 00:03:47.089 align:start position:0% they communicate on the forums you can see<00:03:45.420> how<00:03:45.659> much<00:03:45.780> uh<00:03:46.140> you<00:03:46.319> know<00:03:46.379> how<00:03:46.560> many<00:03:46.680> tokens 00:03:47.089 --> 00:03:47.099 align:start position:0% see how much uh you know how many tokens 00:03:47.099 --> 00:03:49.490 align:start position:0% see how much uh you know how many tokens are<00:03:47.280> delegated<00:03:47.760> to<00:03:48.120> them<00:03:48.299> and<00:03:48.840> so<00:03:48.959> on<00:03:49.080> so<00:03:49.260> there 00:03:49.490 --> 00:03:49.500 align:start position:0% are delegated to them and so on so there 00:03:49.500 --> 00:03:52.190 align:start position:0% are delegated to them and so on so there is<00:03:49.620> kind<00:03:49.799> of<00:03:49.920> this<00:03:50.360> transparency<00:03:51.360> and<00:03:51.959> this 00:03:52.190 --> 00:03:52.200 align:start position:0% is kind of this transparency and this 00:03:52.200 --> 00:03:55.250 align:start position:0% is kind of this transparency and this this<00:03:52.319> oversight<00:03:53.040> from<00:03:53.879> an<00:03:54.239> authority<00:03:54.659> that<00:03:55.080> is 00:03:55.250 --> 00:03:55.260 align:start position:0% this oversight from an authority that is 00:03:55.260 --> 00:03:58.430 align:start position:0% this oversight from an authority that is the<00:03:55.500> the<00:03:55.739> governance<00:03:56.280> core<00:03:56.519> unit 00:03:58.430 --> 00:03:58.440 align:start position:0% the the governance core unit 00:03:58.440 --> 00:04:00.410 align:start position:0% the the governance core unit um okay<00:03:58.799> so<00:03:59.280> now<00:03:59.519> that<00:03:59.700> we<00:03:59.879> know<00:04:00.000> what<00:04:00.120> it<00:04:00.299> is 00:04:00.410 --> 00:04:00.420 align:start position:0% um okay so now that we know what it is 00:04:00.420 --> 00:04:02.210 align:start position:0% um okay so now that we know what it is let's<00:04:00.900> look<00:04:01.080> at<00:04:01.260> you<00:04:01.560> know<00:04:01.620> kind<00:04:01.739> of<00:04:01.860> How<00:04:02.099> It's 00:04:02.210 --> 00:04:02.220 align:start position:0% let's look at you know kind of How It's 00:04:02.220 --> 00:04:04.130 align:start position:0% let's look at you know kind of How It's impacted<00:04:02.760> uh<00:04:03.120> the<00:04:03.360> community<00:04:03.540> and<00:04:04.019> the 00:04:04.130 --> 00:04:04.140 align:start position:0% impacted uh the community and the 00:04:04.140 --> 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00:04:24.590 align:start position:0% find is that almost 15 percent of Homemaker<00:04:22.560> tokens<00:04:22.919> are<00:04:23.400> delegated<00:04:23.940> so<00:04:24.360> we<00:04:24.479> can 00:04:24.590 --> 00:04:24.600 align:start position:0% Homemaker tokens are delegated so we can 00:04:24.600 --> 00:04:26.330 align:start position:0% Homemaker tokens are delegated so we can see<00:04:24.720> that<00:04:24.960> you<00:04:25.320> know<00:04:25.380> it<00:04:25.680> has<00:04:25.860> really<00:04:26.100> had 00:04:26.330 --> 00:04:26.340 align:start position:0% see that you know it has really had 00:04:26.340 --> 00:04:28.790 align:start position:0% see that you know it has really had traction<00:04:26.699> it's<00:04:27.060> not<00:04:27.240> something<00:04:27.540> that<00:04:27.960> is<00:04:28.139> just 00:04:28.790 --> 00:04:28.800 align:start position:0% traction it's not something that is just 00:04:28.800 --> 00:04:31.010 align:start position:0% traction it's not something that is just a<00:04:29.100> small<00:04:29.460> and<00:04:29.699> on<00:04:29.940> the<00:04:30.000> side 00:04:31.010 --> 00:04:31.020 align:start position:0% a small and on the side 00:04:31.020 --> 00:04:33.670 align:start position:0% a small and on the side but<00:04:31.560> now<00:04:31.740> it's<00:04:31.919> interesting<00:04:32.400> in<00:04:32.880> these<00:04:33.180> 15 00:04:33.670 --> 00:04:33.680 align:start position:0% but now it's interesting in these 15 00:04:33.680 --> 00:04:35.930 align:start position:0% but now it's interesting in these 15 what<00:04:34.680> does<00:04:34.800> it<00:04:34.919> look<00:04:35.160> like<00:04:35.280> you<00:04:35.580> know<00:04:35.699> who 00:04:35.930 --> 00:04:35.940 align:start position:0% what does it look like you know who 00:04:35.940 --> 00:04:37.610 align:start position:0% what does it look like you know who delegates<00:04:36.419> to<00:04:36.600> who<00:04:36.840> and<00:04:37.139> this<00:04:37.320> is<00:04:37.440> something 00:04:37.610 --> 00:04:37.620 align:start position:0% delegates to who and this is something 00:04:37.620 --> 00:04:39.770 align:start position:0% delegates to who and this is something that<00:04:37.919> we<00:04:38.040> can<00:04:38.160> see<00:04:38.400> thanks<00:04:39.060> to<00:04:39.240> the<00:04:39.479> amazing 00:04:39.770 --> 00:04:39.780 align:start position:0% that we can see thanks to the amazing 00:04:39.780 --> 00:04:42.950 align:start position:0% that we can see thanks to the amazing work<00:04:40.020> of<00:04:40.380> the<00:04:40.620> data<00:04:41.220> Career<00:04:41.520> Unit 00:04:42.950 --> 00:04:42.960 align:start position:0% work of the data Career Unit 00:04:42.960 --> 00:04:45.409 align:start position:0% work of the data Career Unit um<00:04:43.020> so<00:04:43.380> here<00:04:43.680> you<00:04:43.979> can<00:04:44.100> see<00:04:44.220> on<00:04:44.400> the<00:04:44.580> left<00:04:44.699> this 00:04:45.409 --> 00:04:45.419 align:start position:0% um so here you can see on the left this 00:04:45.419 --> 00:04:48.230 align:start position:0% um so here you can see on the left this is<00:04:45.540> the<00:04:45.840> largest<00:04:46.199> delegator<00:04:47.100> and<00:04:47.820> you<00:04:47.940> can<00:04:48.060> see 00:04:48.230 --> 00:04:48.240 align:start position:0% is the largest delegator and you can see 00:04:48.240 --> 00:04:51.230 align:start position:0% is the largest delegator and you can see on<00:04:48.419> the<00:04:48.600> right<00:04:48.780> who<00:04:49.320> he<00:04:49.560> delegated<00:04:50.040> to<00:04:50.340> why<00:04:51.060> do 00:04:51.230 --> 00:04:51.240 align:start position:0% on the right who he delegated to why do 00:04:51.240 --> 00:04:53.510 align:start position:0% on the right who he delegated to why do I<00:04:51.360> say<00:04:51.540> he<00:04:51.780> because<00:04:52.139> probably<00:04:52.560> it's<00:04:52.979> ruined 00:04:53.510 --> 00:04:53.520 align:start position:0% I say he because probably it's ruined 00:04:53.520 --> 00:04:55.070 align:start position:0% I say he because probably it's ruined the<00:04:53.639> founder<00:04:54.060> right 00:04:55.070 --> 00:04:55.080 align:start position:0% the founder right 00:04:55.080 --> 00:04:56.629 align:start position:0% the founder right um<00:04:55.139> and<00:04:55.380> you<00:04:55.440> can<00:04:55.560> see<00:04:55.800> here<00:04:55.979> really<00:04:56.220> who<00:04:56.460> he 00:04:56.629 --> 00:04:56.639 align:start position:0% um and you can see here really who he 00:04:56.639 --> 00:04:58.189 align:start position:0% um and you can see here really who he delegated<00:04:57.120> to 00:04:58.189 --> 00:04:58.199 align:start position:0% delegated to 00:04:58.199 --> 00:05:00.110 align:start position:0% delegated to um and<00:04:58.440> what's<00:04:58.620> very<00:04:58.919> interesting<00:04:59.340> is<00:04:59.820> that 00:05:00.110 --> 00:05:00.120 align:start position:0% um and what's very interesting is that 00:05:00.120 --> 00:05:03.170 align:start position:0% um and what's very interesting is that he<00:05:00.660> delegated<00:05:01.139> to<00:05:01.500> people<00:05:01.800> that<00:05:02.400> he<00:05:02.699> knows<00:05:03.060> and 00:05:03.170 --> 00:05:03.180 align:start position:0% he delegated to people that he knows and 00:05:03.180 --> 00:05:05.450 align:start position:0% he delegated to people that he knows and publicly<00:05:03.540> supports<00:05:04.199> but<00:05:04.680> he<00:05:04.860> also<00:05:05.100> delegated 00:05:05.450 --> 00:05:05.460 align:start position:0% publicly supports but he also delegated 00:05:05.460 --> 00:05:07.790 align:start position:0% publicly supports but he also delegated to<00:05:05.759> people<00:05:05.940> that<00:05:06.360> he<00:05:06.720> publicly<00:05:07.139> disagrees 00:05:07.790 --> 00:05:07.800 align:start position:0% to people that he publicly disagrees 00:05:07.800 --> 00:05:10.430 align:start position:0% to people that he publicly disagrees with<00:05:07.919> he<00:05:08.460> also<00:05:08.759> delegated<00:05:09.240> to<00:05:09.720> University 00:05:10.430 --> 00:05:10.440 align:start position:0% with he also delegated to University 00:05:10.440 --> 00:05:12.110 align:start position:0% with he also delegated to University clubs<00:05:11.160> you<00:05:11.340> know<00:05:11.460> blockchain<00:05:11.820> University 00:05:12.110 --> 00:05:12.120 align:start position:0% clubs you know blockchain University 00:05:12.120 --> 00:05:15.050 align:start position:0% clubs you know blockchain University clubs<00:05:13.139> and<00:05:13.620> so<00:05:13.800> that's<00:05:13.979> kind<00:05:14.220> of<00:05:14.340> one<00:05:14.820> of<00:05:14.940> the 00:05:15.050 --> 00:05:15.060 align:start position:0% clubs and so that's kind of one of the 00:05:15.060 --> 00:05:16.730 align:start position:0% clubs and so that's kind of one of the big<00:05:15.240> points<00:05:15.660> that<00:05:15.780> I<00:05:15.960> want<00:05:16.020> to<00:05:16.199> make<00:05:16.380> in<00:05:16.560> this 00:05:16.730 --> 00:05:16.740 align:start position:0% big points that I want to make in this 00:05:16.740 --> 00:05:18.110 align:start position:0% big points that I want to make in this presentation 00:05:18.110 --> 00:05:18.120 align:start position:0% presentation 00:05:18.120 --> 00:05:19.969 align:start position:0% presentation um sometimes<00:05:18.600> we<00:05:18.960> think<00:05:19.139> that<00:05:19.440> the<00:05:19.680> idea<00:05:19.860> of 00:05:19.969 --> 00:05:19.979 align:start position:0% um sometimes we think that the idea of 00:05:19.979 --> 00:05:22.189 align:start position:0% um sometimes we think that the idea of Delegation<00:05:20.460> is<00:05:20.759> that<00:05:21.060> small<00:05:21.300> token<00:05:21.780> holders 00:05:22.189 --> 00:05:22.199 align:start position:0% Delegation is that small token holders 00:05:22.199 --> 00:05:24.650 align:start position:0% Delegation is that small token holders can<00:05:22.860> kind<00:05:23.100> of<00:05:23.220> you<00:05:23.639> know<00:05:23.759> get<00:05:23.940> together<00:05:24.240> and 00:05:24.650 --> 00:05:24.660 align:start position:0% can kind of you know get together and 00:05:24.660 --> 00:05:26.689 align:start position:0% can kind of you know get together and become<00:05:25.020> more<00:05:25.259> powerful<00:05:25.620> and<00:05:25.919> so<00:05:26.100> on<00:05:26.220> but 00:05:26.689 --> 00:05:26.699 align:start position:0% become more powerful and so on but 00:05:26.699 --> 00:05:28.370 align:start position:0% become more powerful and so on but actually<00:05:26.880> one<00:05:27.240> thing<00:05:27.419> that<00:05:27.600> we<00:05:27.720> see<00:05:27.900> most<00:05:28.139> is 00:05:28.370 --> 00:05:28.380 align:start position:0% actually one thing that we see most is 00:05:28.380 --> 00:05:31.189 align:start position:0% actually one thing that we see most is that<00:05:28.620> it's<00:05:28.919> the<00:05:29.340> opposite<00:05:29.759> it's<00:05:30.300> huge<00:05:30.960> you 00:05:31.189 --> 00:05:31.199 align:start position:0% that it's the opposite it's huge you 00:05:31.199 --> 00:05:33.950 align:start position:0% that it's the opposite it's huge you know<00:05:31.320> it's<00:05:31.500> whales<00:05:32.100> who<00:05:32.759> decentralize<00:05:33.479> a<00:05:33.780> bit 00:05:33.950 --> 00:05:33.960 align:start position:0% know it's whales who decentralize a bit 00:05:33.960 --> 00:05:37.370 align:start position:0% know it's whales who decentralize a bit of<00:05:34.139> their<00:05:34.320> power<00:05:34.620> and<00:05:35.580> so<00:05:35.880> we<00:05:36.060> can<00:05:36.180> see 00:05:37.370 --> 00:05:37.380 align:start position:0% of their power and so we can see 00:05:37.380 --> 00:05:40.129 align:start position:0% of their power and so we can see um<00:05:37.440> these<00:05:38.160> are<00:05:38.220> also<00:05:38.639> like<00:05:38.880> the<00:05:39.240> other<00:05:39.419> five<00:05:39.780> or 00:05:40.129 --> 00:05:40.139 align:start position:0% um these are also like the other five or 00:05:40.139 --> 00:05:42.830 align:start position:0% um these are also like the other five or these<00:05:41.039> are<00:05:41.100> also<00:05:41.400> kind<00:05:41.580> of<00:05:41.699> big<00:05:41.940> uh<00:05:42.240> big<00:05:42.539> token 00:05:42.830 --> 00:05:42.840 align:start position:0% these are also kind of big uh big token 00:05:42.840 --> 00:05:44.450 align:start position:0% these are also kind of big uh big token holders<00:05:43.139> it's<00:05:43.380> like<00:05:43.500> in<00:05:43.680> Dresden<00:05:43.979> Horowitz 00:05:44.450 --> 00:05:44.460 align:start position:0% holders it's like in Dresden Horowitz 00:05:44.460 --> 00:05:47.749 align:start position:0% holders it's like in Dresden Horowitz and<00:05:44.699> and<00:05:44.880> other<00:05:45.120> kind<00:05:45.300> of<00:05:45.419> whales<00:05:45.840> and<00:05:46.620> then<00:05:46.800> we 00:05:47.749 --> 00:05:47.759 align:start position:0% and and other kind of whales and then we 00:05:47.759 --> 00:05:50.570 align:start position:0% and and other kind of whales and then we have<00:05:48.000> not<00:05:48.419> even<00:05:48.600> 8K<00:05:49.139> not<00:05:49.440> even<00:05:49.620> 8<00:05:50.100> 000<00:05:50.160> maker 00:05:50.570 --> 00:05:50.580 align:start position:0% have not even 8K not even 8 000 maker 00:05:50.580 --> 00:05:53.629 align:start position:0% have not even 8K not even 8 000 maker tokens<00:05:50.880> delegated<00:05:51.419> from<00:05:51.780> all<00:05:52.320> the<00:05:52.500> rests 00:05:53.629 --> 00:05:53.639 align:start position:0% tokens delegated from all the rests 00:05:53.639 --> 00:05:55.430 align:start position:0% tokens delegated from all the rests um so<00:05:53.880> you<00:05:54.120> can<00:05:54.240> see<00:05:54.419> that<00:05:54.660> you<00:05:54.900> know<00:05:55.020> this<00:05:55.259> is 00:05:55.430 --> 00:05:55.440 align:start position:0% um so you can see that you know this is 00:05:55.440 --> 00:05:59.029 align:start position:0% um so you can see that you know this is a<00:05:55.860> much<00:05:56.220> smaller<00:05:56.699> right<00:05:57.060> amount<00:05:57.900> and<00:05:58.560> so<00:05:58.740> all 00:05:59.029 --> 00:05:59.039 align:start position:0% a much smaller right amount and so all 00:05:59.039 --> 00:06:00.950 align:start position:0% a much smaller right amount and so all the<00:05:59.220> rest<00:05:59.340> delegates<00:05:59.880> to<00:06:00.060> all<00:06:00.300> these<00:06:00.539> uh<00:06:00.720> all 00:06:00.950 --> 00:06:00.960 align:start position:0% the rest delegates to all these uh all 00:06:00.960 --> 00:06:02.510 align:start position:0% the rest delegates to all these uh all these<00:06:01.139> delegates 00:06:02.510 --> 00:06:02.520 align:start position:0% these delegates 00:06:02.520 --> 00:06:04.129 align:start position:0% these delegates so<00:06:02.940> now<00:06:03.120> that<00:06:03.300> we<00:06:03.419> know<00:06:03.600> kind<00:06:03.780> of<00:06:03.900> the 00:06:04.129 --> 00:06:04.139 align:start position:0% so now that we know kind of the 00:06:04.139 --> 00:06:07.330 align:start position:0% so now that we know kind of the structure<00:06:04.560> of<00:06:04.979> Delegation<00:06:05.520> we<00:06:06.180> can<00:06:06.360> look<00:06:06.660> at 00:06:07.330 --> 00:06:07.340 align:start position:0% structure of Delegation we can look at 00:06:07.340 --> 00:06:11.330 align:start position:0% structure of Delegation we can look at Q2<00:06:08.340> 2021<00:06:09.060> so<00:06:09.600> which<00:06:09.900> is<00:06:10.020> the<00:06:10.440> quarter<00:06:10.800> right 00:06:11.330 --> 00:06:11.340 align:start position:0% Q2 2021 so which is the quarter right 00:06:11.340 --> 00:06:13.610 align:start position:0% Q2 2021 so which is the quarter right before<00:06:11.580> delegation<00:06:12.360> was<00:06:12.660> introduced<00:06:13.139> in<00:06:13.500> the 00:06:13.610 --> 00:06:13.620 align:start position:0% before delegation was introduced in the 00:06:13.620 --> 00:06:16.550 align:start position:0% before delegation was introduced in the summer<00:06:13.800> so<00:06:14.280> like<00:06:14.460> in<00:06:14.639> July<00:06:14.940> August<00:06:15.360> uh<00:06:15.720> 2021<00:06:16.320> it 00:06:16.550 --> 00:06:16.560 align:start position:0% summer so like in July August uh 2021 it 00:06:16.560 --> 00:06:17.990 align:start position:0% summer so like in July August uh 2021 it was<00:06:16.680> introduced 00:06:17.990 --> 00:06:18.000 align:start position:0% was introduced 00:06:18.000 --> 00:06:20.270 align:start position:0% was introduced um<00:06:18.060> and<00:06:18.300> then<00:06:18.419> we<00:06:18.660> compare<00:06:19.020> it<00:06:19.199> here<00:06:19.440> with<00:06:19.800> Q2 00:06:20.270 --> 00:06:20.280 align:start position:0% um and then we compare it here with Q2 00:06:20.280 --> 00:06:22.969 align:start position:0% um and then we compare it here with Q2 2022<00:06:21.060> so<00:06:21.240> one<00:06:21.479> year<00:06:21.660> later 00:06:22.969 --> 00:06:22.979 align:start position:0% 2022 so one year later 00:06:22.979 --> 00:06:26.809 align:start position:0% 2022 so one year later um<00:06:23.100> and<00:06:23.340> what<00:06:23.940> is<00:06:24.180> really<00:06:24.539> interesting<00:06:25.020> to<00:06:25.319> me 00:06:26.809 --> 00:06:26.819 align:start position:0% um and what is really interesting to me 00:06:26.819 --> 00:06:29.990 align:start position:0% um and what is really interesting to me um<00:06:26.940> is<00:06:27.479> that<00:06:27.780> you<00:06:28.440> have<00:06:28.680> in<00:06:29.460> terms<00:06:29.639> of<00:06:29.699> the 00:06:29.990 --> 00:06:30.000 align:start position:0% um is that you have in terms of the 00:06:30.000 --> 00:06:31.790 align:start position:0% um is that you have in terms of the median<00:06:30.300> poll<00:06:30.539> participation<00:06:31.139> in<00:06:31.560> terms<00:06:31.740> of 00:06:31.790 --> 00:06:31.800 align:start position:0% median poll participation in terms of 00:06:31.800 --> 00:06:34.730 align:start position:0% median poll participation in terms of the<00:06:32.100> number<00:06:32.280> of<00:06:32.880> maker<00:06:33.300> tokens<00:06:33.660> you<00:06:34.500> can<00:06:34.620> see 00:06:34.730 --> 00:06:34.740 align:start position:0% the number of maker tokens you can see 00:06:34.740 --> 00:06:37.309 align:start position:0% the number of maker tokens you can see that<00:06:34.919> there's<00:06:35.039> an<00:06:35.280> increase<00:06:35.460> of<00:06:36.139> 540<00:06:37.139> percent 00:06:37.309 --> 00:06:37.319 align:start position:0% that there's an increase of 540 percent 00:06:37.319 --> 00:06:39.650 align:start position:0% that there's an increase of 540 percent so<00:06:38.039> what<00:06:38.220> does<00:06:38.400> that<00:06:38.520> mean<00:06:38.759> there<00:06:39.120> are<00:06:39.360> way 00:06:39.650 --> 00:06:39.660 align:start position:0% so what does that mean there are way 00:06:39.660 --> 00:06:42.830 align:start position:0% so what does that mean there are way more<00:06:39.840> maker<00:06:40.319> tokens<00:06:40.740> which<00:06:41.520> are<00:06:41.759> put<00:06:42.180> in<00:06:42.539> on 00:06:42.830 --> 00:06:42.840 align:start position:0% more maker tokens which are put in on 00:06:42.840 --> 00:06:45.050 align:start position:0% more maker tokens which are put in on average<00:06:43.020> you<00:06:43.319> know<00:06:43.440> in<00:06:43.560> every<00:06:43.740> vote<00:06:43.979> so<00:06:44.819> that 00:06:45.050 --> 00:06:45.060 align:start position:0% average you know in every vote so that 00:06:45.060 --> 00:06:48.170 align:start position:0% average you know in every vote so that means<00:06:45.419> it<00:06:46.199> is<00:06:46.380> way<00:06:46.800> harder<00:06:47.280> to<00:06:47.759> commit<00:06:48.060> to 00:06:48.170 --> 00:06:48.180 align:start position:0% means it is way harder to commit to 00:06:48.180 --> 00:06:49.850 align:start position:0% means it is way harder to commit to governance<00:06:48.720> attack<00:06:48.960> you<00:06:49.319> know<00:06:49.380> so<00:06:49.560> if<00:06:49.740> you 00:06:49.850 --> 00:06:49.860 align:start position:0% governance attack you know so if you 00:06:49.860 --> 00:06:52.010 align:start position:0% governance attack you know so if you want<00:06:50.039> to<00:06:50.160> I<00:06:50.759> don't<00:06:50.880> know<00:06:51.000> do<00:06:51.360> something<00:06:51.660> kind 00:06:52.010 --> 00:06:52.020 align:start position:0% want to I don't know do something kind 00:06:52.020 --> 00:06:53.990 align:start position:0% want to I don't know do something kind of<00:06:52.199> shady<00:06:52.740> with<00:06:53.100> the<00:06:53.220> protocol<00:06:53.520> to<00:06:53.819> borrow 00:06:53.990 --> 00:06:54.000 align:start position:0% of shady with the protocol to borrow 00:06:54.000 --> 00:06:56.210 align:start position:0% of shady with the protocol to borrow tokens<00:06:54.539> and<00:06:54.840> kind<00:06:54.960> of<00:06:55.020> have<00:06:55.259> this<00:06:55.620> voting 00:06:56.210 --> 00:06:56.220 align:start position:0% tokens and kind of have this voting 00:06:56.220 --> 00:06:58.670 align:start position:0% tokens and kind of have this voting power<00:06:56.400> to<00:06:56.699> do<00:06:56.880> something<00:06:57.060> uh<00:06:57.479> nefarious<00:06:58.080> well 00:06:58.670 --> 00:06:58.680 align:start position:0% power to do something uh nefarious well 00:06:58.680 --> 00:07:00.230 align:start position:0% power to do something uh nefarious well it's<00:06:58.860> much<00:06:59.039> more<00:06:59.280> difficult<00:06:59.580> when<00:06:59.940> there<00:07:00.120> are 00:07:00.230 --> 00:07:00.240 align:start position:0% it's much more difficult when there are 00:07:00.240 --> 00:07:03.170 align:start position:0% it's much more difficult when there are 92<00:07:01.080> 000<00:07:01.199> maker<00:07:01.620> tokens<00:07:01.979> then<00:07:02.220> when<00:07:02.460> there<00:07:03.000> are 00:07:03.170 --> 00:07:03.180 align:start position:0% 92 000 maker tokens then when there are 00:07:03.180 --> 00:07:05.150 align:start position:0% 92 000 maker tokens then when there are 14<00:07:03.419> in<00:07:03.900> a<00:07:04.020> vote 00:07:05.150 --> 00:07:05.160 align:start position:0% 14 in a vote 00:07:05.160 --> 00:07:07.309 align:start position:0% 14 in a vote so<00:07:06.060> that's<00:07:06.180> kind<00:07:06.479> of<00:07:06.600> the<00:07:06.780> the<00:07:06.960> very 00:07:07.309 --> 00:07:07.319 align:start position:0% so that's kind of the the very 00:07:07.319 --> 00:07:10.790 align:start position:0% so that's kind of the the very interesting<00:07:07.740> takeaway<00:07:08.400> there<00:07:08.639> so<00:07:08.940> takeaways 00:07:10.790 --> 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said before a very significant 00:07:18.300 --> 00:07:21.050 align:start position:0% like I said before a very significant increase<00:07:18.660> in<00:07:19.500> the<00:07:19.680> number<00:07:19.860> of<00:07:20.039> maker<00:07:20.580> tokens 00:07:21.050 --> 00:07:21.060 align:start position:0% increase in the number of maker tokens 00:07:21.060 --> 00:07:24.950 align:start position:0% increase in the number of maker tokens uh<00:07:21.599> that<00:07:21.960> are<00:07:22.620> um<00:07:23.160> used<00:07:23.639> in<00:07:23.880> votes 00:07:24.950 --> 00:07:24.960 align:start position:0% uh that are um used in votes 00:07:24.960 --> 00:07:27.230 align:start position:0% uh that are um used in votes um<00:07:25.080> and<00:07:25.380> so<00:07:25.500> now<00:07:25.740> some<00:07:26.220> questions<00:07:26.639> that<00:07:27.060> you 00:07:27.230 --> 00:07:27.240 align:start position:0% um and so now some questions that you 00:07:27.240 --> 00:07:28.370 align:start position:0% um and so now some questions that you know<00:07:27.300> I<00:07:27.360> don't<00:07:27.539> have<00:07:27.660> time<00:07:27.840> because<00:07:28.020> it's<00:07:28.199> a 00:07:28.370 --> 00:07:28.380 align:start position:0% know I don't have time because it's a 00:07:28.380 --> 00:07:30.589 align:start position:0% know I don't have time because it's a very<00:07:28.500> short<00:07:28.680> presentation 00:07:30.589 --> 00:07:30.599 align:start position:0% very short presentation 00:07:30.599 --> 00:07:32.390 align:start position:0% very short presentation um<00:07:30.660> you<00:07:31.139> know<00:07:31.259> I<00:07:31.440> I<00:07:31.680> think<00:07:31.860> it's<00:07:32.039> interesting 00:07:32.390 --> 00:07:32.400 align:start position:0% um you know I I think it's interesting 00:07:32.400 --> 00:07:34.610 align:start position:0% um you know I I think it's interesting to<00:07:32.580> think<00:07:32.699> about<00:07:32.880> okay<00:07:33.180> what<00:07:33.720> is<00:07:33.900> the<00:07:34.080> optimal 00:07:34.610 --> 00:07:34.620 align:start position:0% to think about okay what is the optimal 00:07:34.620 --> 00:07:36.770 align:start position:0% to think about okay what is the optimal level<00:07:35.039> of<00:07:35.520> oversight<00:07:35.940> you<00:07:36.240> know<00:07:36.360> on<00:07:36.539> these 00:07:36.770 --> 00:07:36.780 align:start position:0% level of oversight you know on these 00:07:36.780 --> 00:07:38.990 align:start position:0% level of oversight you know on these delegates<00:07:37.680> um<00:07:37.800> so<00:07:38.220> the<00:07:38.340> you<00:07:38.580> know<00:07:38.699> the<00:07:38.880> core 00:07:38.990 --> 00:07:39.000 align:start position:0% delegates um so the you know the core 00:07:39.000 --> 00:07:41.330 align:start position:0% delegates um so the you know the core unit<00:07:39.300> that<00:07:39.660> takes<00:07:39.780> care<00:07:39.960> of<00:07:40.080> governance<00:07:40.560> how 00:07:41.330 --> 00:07:41.340 align:start position:0% unit that takes care of governance how 00:07:41.340 --> 00:07:43.249 align:start position:0% unit that takes care of governance how much<00:07:41.460> should<00:07:41.880> they<00:07:42.060> monitor<00:07:42.479> them<00:07:42.720> and<00:07:42.960> and 00:07:43.249 --> 00:07:43.259 align:start position:0% much should they monitor them and and 00:07:43.259 --> 00:07:45.469 align:start position:0% much should they monitor them and and and<00:07:43.319> you<00:07:44.039> know<00:07:44.099> kind<00:07:44.340> of<00:07:44.460> have<00:07:44.940> this<00:07:45.240> uh 00:07:45.469 --> 00:07:45.479 align:start position:0% and you know kind of have this uh 00:07:45.479 --> 00:07:47.870 align:start position:0% and you know kind of have this uh relationship 00:07:47.870 --> 00:07:47.880 align:start position:0% relationship 00:07:47.880 --> 00:07:50.150 align:start position:0% relationship um also<00:07:48.300> uh<00:07:48.960> looking<00:07:49.199> at<00:07:49.440> the<00:07:49.620> compensation 00:07:50.150 --> 00:07:50.160 align:start position:0% um also uh looking at the compensation 00:07:50.160 --> 00:07:52.189 align:start position:0% um also uh looking at the compensation of<00:07:50.639> delegates<00:07:51.060> it's<00:07:51.300> kind<00:07:51.479> of<00:07:51.599> interesting<00:07:51.900> if 00:07:52.189 --> 00:07:52.199 align:start position:0% of delegates it's kind of interesting if 00:07:52.199 --> 00:07:53.390 align:start position:0% of delegates it's kind of interesting if you<00:07:52.319> have 00:07:53.390 --> 00:07:53.400 align:start position:0% you have 00:07:53.400 --> 00:07:55.909 align:start position:0% you have um<00:07:53.520> ten<00:07:53.880> thousand<00:07:54.180> to<00:07:54.360> maker<00:07:55.139> delegated<00:07:55.620> to 00:07:55.909 --> 00:07:55.919 align:start position:0% um ten thousand to maker delegated to 00:07:55.919 --> 00:07:58.070 align:start position:0% um ten thousand to maker delegated to you<00:07:56.039> so<00:07:56.460> that's<00:07:56.639> approximately<00:07:57.240> uh<00:07:57.840> you<00:07:58.020> know 00:07:58.070 --> 00:07:58.080 align:start position:0% you so that's approximately uh you know 00:07:58.080 --> 00:08:00.710 align:start position:0% you so that's approximately uh you know almost<00:07:58.259> nine<00:07:58.620> million<00:07:58.919> dollars<00:07:59.280> you<00:08:00.060> have<00:08:00.240> a 00:08:00.710 --> 00:08:00.720 align:start position:0% almost nine million dollars you have a 00:08:00.720 --> 00:08:03.230 align:start position:0% almost nine million dollars you have a yearly<00:08:01.139> salary<00:08:01.440> of<00:08:02.160> a<00:08:02.520> hundred<00:08:02.880> twenty 00:08:03.230 --> 00:08:03.240 align:start position:0% yearly salary of a hundred twenty 00:08:03.240 --> 00:08:05.330 align:start position:0% yearly salary of a hundred twenty thousand<00:08:03.539> US<00:08:03.720> Dollars<00:08:04.080> approximately<00:08:04.740> so 00:08:05.330 --> 00:08:05.340 align:start position:0% thousand US Dollars approximately so 00:08:05.340 --> 00:08:07.790 align:start position:0% thousand US Dollars approximately so that's<00:08:05.639> a<00:08:06.000> salary<00:08:06.120> that<00:08:06.479> you<00:08:06.660> can<00:08:06.720> live<00:08:06.960> on 00:08:07.790 --> 00:08:07.800 align:start position:0% that's a salary that you can live on 00:08:07.800 --> 00:08:10.550 align:start position:0% that's a salary that you can live on um<00:08:07.919> and<00:08:08.220> so<00:08:08.340> that's<00:08:08.520> that's<00:08:08.759> a<00:08:09.000> cap<00:08:09.180> so<00:08:10.020> is<00:08:10.440> this 00:08:10.550 --> 00:08:10.560 align:start position:0% um and so that's that's a cap so is this 00:08:10.560 --> 00:08:12.650 align:start position:0% um and so that's that's a cap so is this an<00:08:10.800> appropriate<00:08:11.220> compensation<00:08:11.819> this<00:08:12.360> is<00:08:12.419> also 00:08:12.650 --> 00:08:12.660 align:start position:0% an appropriate compensation this is also 00:08:12.660 --> 00:08:15.350 align:start position:0% an appropriate compensation this is also I<00:08:12.840> think<00:08:12.960> a<00:08:13.139> very<00:08:13.380> interesting<00:08:13.740> question 00:08:15.350 --> 00:08:15.360 align:start position:0% I think a very interesting question 00:08:15.360 --> 00:08:17.930 align:start position:0% I think a very interesting question um<00:08:15.419> another<00:08:15.900> thing<00:08:16.259> so<00:08:16.800> now<00:08:17.160> we<00:08:17.400> incentivize 00:08:17.930 --> 00:08:17.940 align:start position:0% um another thing so now we incentivize 00:08:17.940 --> 00:08:20.210 align:start position:0% um another thing so now we incentivize delegates<00:08:18.539> right<00:08:18.840> but<00:08:19.620> should<00:08:19.919> we<00:08:20.039> maybe 00:08:20.210 --> 00:08:20.220 align:start position:0% delegates right but should we maybe 00:08:20.220 --> 00:08:23.089 align:start position:0% delegates right but should we maybe incentivize<00:08:21.259> voters<00:08:22.259> should<00:08:22.680> we<00:08:22.800> incentive 00:08:23.089 --> 00:08:23.099 align:start position:0% incentivize voters should we incentive 00:08:23.099 --> 00:08:26.390 align:start position:0% incentivize voters should we incentive device<00:08:23.520> delegators<00:08:24.740> maybe<00:08:25.740> this<00:08:26.039> would<00:08:26.160> make 00:08:26.390 --> 00:08:26.400 align:start position:0% device delegators maybe this would make 00:08:26.400 --> 00:08:28.790 align:start position:0% device delegators maybe this would make sense<00:08:26.639> there<00:08:27.060> is<00:08:27.180> also<00:08:27.479> something<00:08:27.720> that<00:08:28.199> we've 00:08:28.790 --> 00:08:28.800 align:start position:0% sense there is also something that we've 00:08:28.800 --> 00:08:32.089 align:start position:0% sense there is also something that we've seen<00:08:29.099> is<00:08:29.759> that<00:08:30.060> some<00:08:30.360> whales<00:08:30.960> delegate<00:08:31.919> to 00:08:32.089 --> 00:08:32.099 align:start position:0% seen is that some whales delegate to 00:08:32.099 --> 00:08:34.010 align:start position:0% seen is that some whales delegate to themselves<00:08:32.760> and<00:08:33.120> it's<00:08:33.240> kind<00:08:33.479> of<00:08:33.539> funny<00:08:33.719> to 00:08:34.010 --> 00:08:34.020 align:start position:0% themselves and it's kind of funny to 00:08:34.020 --> 00:08:35.690 align:start position:0% themselves and it's kind of funny to think<00:08:34.140> you<00:08:34.440> know<00:08:34.560> that<00:08:34.860> you're<00:08:35.279> gonna<00:08:35.459> get 00:08:35.690 --> 00:08:35.700 align:start position:0% think you know that you're gonna get 00:08:35.700 --> 00:08:38.209 align:start position:0% think you know that you're gonna get paid<00:08:35.880> to<00:08:36.180> delegate<00:08:36.599> to<00:08:36.719> yourself<00:08:36.899> but<00:08:37.800> as<00:08:38.039> we 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publish<00:08:44.820> on<00:08:45.060> the<00:08:45.300> Forum<00:08:45.660> if<00:08:46.260> you<00:08:46.380> do<00:08:46.500> all<00:08:46.740> this 00:08:46.910 --> 00:08:46.920 align:start position:0% publish on the Forum if you do all this 00:08:46.920 --> 00:08:48.829 align:start position:0% publish on the Forum if you do all this research<00:08:47.339> maybe<00:08:47.760> this<00:08:48.120> is<00:08:48.300> also<00:08:48.540> you<00:08:48.779> know 00:08:48.829 --> 00:08:48.839 align:start position:0% research maybe this is also you know 00:08:48.839 --> 00:08:51.230 align:start position:0% research maybe this is also you know something<00:08:49.140> that<00:08:49.620> you<00:08:50.040> should<00:08:50.220> be<00:08:50.459> compensated 00:08:51.230 --> 00:08:51.240 align:start position:0% something that you should be compensated 00:08:51.240 --> 00:08:53.930 align:start position:0% something that you should be compensated for<00:08:51.540> even<00:08:51.779> if<00:08:51.959> it's<00:08:52.080> your<00:08:52.260> own<00:08:52.440> tokens<00:08:52.940> and 00:08:53.930 --> 00:08:53.940 align:start position:0% for even if it's your own tokens and 00:08:53.940 --> 00:08:55.730 align:start position:0% for even if it's your own tokens and finally<00:08:54.240> talking<00:08:54.839> about<00:08:55.080> whales 00:08:55.730 --> 00:08:55.740 align:start position:0% finally talking about whales 00:08:55.740 --> 00:08:58.490 align:start position:0% finally talking about whales decentralizing<00:08:56.519> themselves<00:08:57.260> should<00:08:58.260> we 00:08:58.490 --> 00:08:58.500 align:start position:0% decentralizing themselves should we 00:08:58.500 --> 00:09:01.009 align:start position:0% decentralizing themselves should we maybe<00:08:58.680> lock<00:08:59.399> you<00:08:59.760> know<00:08:59.880> those<00:09:00.300> tokens<00:09:00.660> in<00:09:00.839> a 00:09:01.009 --> 00:09:01.019 align:start position:0% maybe lock you know those tokens in a 00:09:01.019 --> 00:09:03.230 align:start position:0% maybe lock you know those tokens in a delegation<00:09:01.380> contract<00:09:01.920> for<00:09:02.580> a<00:09:02.700> longer<00:09:02.940> period 00:09:03.230 --> 00:09:03.240 align:start position:0% delegation contract for a longer period 00:09:03.240 --> 00:09:06.050 align:start position:0% delegation contract for a longer period of<00:09:03.360> time<00:09:03.600> so<00:09:04.440> that<00:09:04.680> you<00:09:05.040> know<00:09:05.100> you<00:09:05.339> cannot<00:09:05.640> say 00:09:06.050 --> 00:09:06.060 align:start position:0% of time so that you know you cannot say 00:09:06.060 --> 00:09:08.389 align:start position:0% of time so that you know you cannot say oh<00:09:06.360> I'm<00:09:06.660> decentralizing<00:09:07.440> myself<00:09:07.740> but<00:09:08.160> the 00:09:08.389 --> 00:09:08.399 align:start position:0% oh I'm decentralizing myself but the 00:09:08.399 --> 00:09:10.430 align:start position:0% oh I'm decentralizing myself but the second<00:09:08.580> you<00:09:08.880> do<00:09:09.120> not<00:09:09.660> exactly<00:09:10.019> what<00:09:10.200> I<00:09:10.320> want 00:09:10.430 --> 00:09:10.440 align:start position:0% second you do not exactly what I want 00:09:10.440 --> 00:09:12.710 align:start position:0% second you do not exactly what I want you<00:09:10.500> to<00:09:10.680> do<00:09:10.800> I<00:09:10.920> take<00:09:11.040> my<00:09:11.279> tokens<00:09:11.580> back<00:09:11.880> so<00:09:12.480> maybe 00:09:12.710 --> 00:09:12.720 align:start position:0% you to do I take my tokens back so maybe 00:09:12.720 --> 00:09:15.230 align:start position:0% you to do I take my tokens back so maybe it<00:09:13.680> could<00:09:13.800> be<00:09:13.980> interesting<00:09:14.399> to<00:09:14.700> create<00:09:14.880> this 00:09:15.230 --> 00:09:15.240 align:start position:0% it could be interesting to create this 00:09:15.240 --> 00:09:19.070 align:start position:0% it could be interesting to create this type<00:09:15.420> of<00:09:15.660> this<00:09:16.140> type<00:09:16.320> of<00:09:16.440> options 00:09:19.070 --> 00:09:19.080 align:start position:0% 00:09:19.080 --> 00:09:21.530 align:start position:0% um<00:09:19.140> so<00:09:19.620> I<00:09:19.920> just<00:09:20.040> want<00:09:20.279> to<00:09:20.399> say<00:09:20.640> a<00:09:21.120> quick<00:09:21.240> thanks 00:09:21.530 --> 00:09:21.540 align:start position:0% um so I just want to say a quick thanks 00:09:21.540 --> 00:09:23.329 align:start position:0% um so I just want to say a quick thanks to<00:09:21.899> those<00:09:22.140> who<00:09:22.320> helped<00:09:22.680> me 00:09:23.329 --> 00:09:23.339 align:start position:0% to those who helped me 00:09:23.339 --> 00:09:25.190 align:start position:0% to those who helped me um I<00:09:23.519> focused<00:09:23.880> here<00:09:24.000> on<00:09:24.180> maker<00:09:24.600> but<00:09:24.779> I<00:09:24.959> also 00:09:25.190 --> 00:09:25.200 align:start position:0% um I focused here on maker but I also 00:09:25.200 --> 00:09:27.110 align:start position:0% um I focused here on maker but I also want<00:09:25.380> to<00:09:25.560> say<00:09:25.860> thanks<00:09:26.100> to<00:09:26.339> the<00:09:26.519> compound<00:09:26.820> team 00:09:27.110 --> 00:09:27.120 align:start position:0% want to say thanks to the compound team 00:09:27.120 --> 00:09:29.389 align:start position:0% want to say thanks to the compound team to<00:09:27.480> the<00:09:27.660> pull<00:09:27.899> together<00:09:28.080> team<00:09:28.500> and<00:09:28.740> to<00:09:28.920> reverie 00:09:29.389 --> 00:09:29.399 align:start position:0% to the pull together team and to reverie 00:09:29.399 --> 00:09:31.310 align:start position:0% to the pull together team and to reverie for<00:09:29.880> helping<00:09:30.180> me<00:09:30.300> prepare<00:09:30.600> this<00:09:30.839> presentation 00:09:31.310 --> 00:09:31.320 align:start position:0% for helping me prepare this presentation 00:09:31.320 --> 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there was uh 00:09:40.500 --> 00:09:42.949 align:start position:0% you said there was uh you<00:09:40.920> know<00:09:40.980> 24<00:09:41.220> official<00:09:42.060> delegates<00:09:42.420> and<00:09:42.660> 92 00:09:42.949 --> 00:09:42.959 align:start position:0% you know 24 official delegates and 92 00:09:42.959 --> 00:09:44.389 align:start position:0% you know 24 official delegates and 92 unofficial<00:09:43.440> delegates<00:09:43.920> or<00:09:44.100> something<00:09:44.220> like 00:09:44.389 --> 00:09:44.399 align:start position:0% unofficial delegates or something like 00:09:44.399 --> 00:09:45.170 align:start position:0% unofficial delegates or something like that 00:09:45.170 --> 00:09:45.180 align:start position:0% that 00:09:45.180 --> 00:09:48.710 align:start position:0% that how<00:09:46.019> do<00:09:46.320> the<00:09:46.620> 92<00:09:47.339> become<00:09:48.300> an<00:09:48.420> official 00:09:48.710 --> 00:09:48.720 align:start position:0% how do the 92 become an official 00:09:48.720 --> 00:09:50.990 align:start position:0% how do the 92 become an official delegate<00:09:49.140> I<00:09:49.320> guess<00:09:49.560> that's<00:09:49.740> the<00:09:50.040> 128k 00:09:50.990 --> 00:09:51.000 align:start position:0% delegate I guess that's the 128k 00:09:51.000 --> 00:09:53.269 align:start position:0% delegate I guess that's the 128k compensation<00:09:51.660> right 00:09:53.269 --> 00:09:53.279 align:start position:0% compensation right 00:09:53.279 --> 00:09:55.190 align:start position:0% compensation right um<00:09:53.339> so<00:09:53.519> in<00:09:53.700> terms<00:09:53.940> of<00:09:54.060> the<00:09:54.480> onboarding<00:09:55.019> to 00:09:55.190 --> 00:09:55.200 align:start position:0% um so in terms of the onboarding to 00:09:55.200 --> 00:09:56.750 align:start position:0% um so in terms of the onboarding to become<00:09:55.440> a<00:09:55.620> recognized<00:09:55.980> delegate<00:09:56.399> right<00:09:56.640> now 00:09:56.750 --> 00:09:56.760 align:start position:0% become a recognized delegate right now 00:09:56.760 --> 00:09:58.430 align:start position:0% become a recognized delegate right now we're<00:09:56.940> trying<00:09:57.180> to<00:09:57.360> keep<00:09:57.480> it<00:09:57.660> as<00:09:57.779> easy<00:09:58.260> as 00:09:58.430 --> 00:09:58.440 align:start position:0% we're trying to keep it as easy as 00:09:58.440 --> 00:10:00.110 align:start position:0% we're trying to keep it as easy as possible<00:09:58.740> and<00:09:58.860> this<00:09:58.980> is<00:09:59.160> have<00:09:59.399> a<00:09:59.640> great<00:09:59.880> work 00:10:00.110 --> 00:10:00.120 align:start position:0% possible and this is have a great work 00:10:00.120 --> 00:10:02.150 align:start position:0% possible and this is have a great work from<00:10:00.420> kawalfa<00:10:01.260> and<00:10:01.320> the<00:10:01.440> governance<00:10:01.800> teams 00:10:02.150 --> 00:10:02.160 align:start position:0% from kawalfa and the governance teams 00:10:02.160 --> 00:10:04.850 align:start position:0% from kawalfa and the governance teams it's<00:10:02.820> yeah<00:10:03.120> you<00:10:03.360> have<00:10:03.480> to<00:10:03.540> have<00:10:03.660> a<00:10:03.839> call<00:10:04.019> uh<00:10:04.740> you 00:10:04.850 --> 00:10:04.860 align:start position:0% it's yeah you have to have a call uh you 00:10:04.860 --> 00:10:06.650 align:start position:0% it's yeah you have to have a call uh you have<00:10:04.980> to<00:10:05.040> present<00:10:05.279> a<00:10:05.399> platform<00:10:05.760> uh<00:10:06.360> present 00:10:06.650 --> 00:10:06.660 align:start position:0% have to present a platform uh present 00:10:06.660 --> 00:10:09.290 align:start position:0% have to present a platform uh present yourself<00:10:07.220> and<00:10:08.220> basically<00:10:08.519> you<00:10:08.700> have<00:10:08.880> a<00:10:09.060> Public 00:10:09.290 --> 00:10:09.300 align:start position:0% yourself and basically you have a Public 00:10:09.300 --> 00:10:11.930 align:start position:0% yourself and basically you have a Public Image<00:10:10.019> again<00:10:10.200> it<00:10:10.500> can<00:10:10.680> be<00:10:10.860> a<00:10:11.040> Anonymous<00:10:11.700> person 00:10:11.930 --> 00:10:11.940 align:start position:0% Image again it can be a Anonymous person 00:10:11.940 --> 00:10:15.170 align:start position:0% Image again it can be a Anonymous person that's<00:10:12.540> totally<00:10:13.019> okay<00:10:13.260> on<00:10:13.500> our<00:10:13.740> side<00:10:14.220> but<00:10:15.000> you 00:10:15.170 --> 00:10:15.180 align:start position:0% that's totally okay on our side but you 00:10:15.180 --> 00:10:16.910 align:start position:0% that's totally okay on our side but you basically<00:10:15.420> need<00:10:15.600> to<00:10:15.720> have<00:10:15.899> an<00:10:16.140> open<00:10:16.320> dialogue 00:10:16.910 --> 00:10:16.920 align:start position:0% basically need to have an open dialogue 00:10:16.920 --> 00:10:19.250 align:start position:0% basically need to have an open dialogue with<00:10:17.160> the<00:10:17.339> community<00:10:17.519> uh<00:10:18.420> something<00:10:18.660> that<00:10:19.019> was 00:10:19.250 --> 00:10:19.260 align:start position:0% with the community uh something that was 00:10:19.260 --> 00:10:21.190 align:start position:0% with the community uh something that was shown<00:10:19.500> in<00:10:19.920> the<00:10:20.040> one<00:10:20.339> of<00:10:20.459> the<00:10:20.580> first 00:10:21.190 --> 00:10:21.200 align:start position:0% shown in the one of the first 00:10:21.200 --> 00:10:23.449 align:start position:0% shown in the one of the first screenshots<00:10:22.200> coming<00:10:22.740> from<00:10:22.980> our<00:10:23.100> voting 00:10:23.449 --> 00:10:23.459 align:start position:0% screenshots coming from our voting 00:10:23.459 --> 00:10:24.829 align:start position:0% screenshots coming from our voting portal 00:10:24.829 --> 00:10:24.839 align:start position:0% portal 00:10:24.839 --> 00:10:27.530 align:start position:0% portal um<00:10:24.959> there<00:10:25.800> we<00:10:26.100> we<00:10:26.339> actually<00:10:26.640> the<00:10:26.940> compositions 00:10:27.530 --> 00:10:27.540 align:start position:0% um there we we actually the compositions 00:10:27.540 --> 00:10:28.610 align:start position:0% um there we we actually the compositions is 00:10:28.610 --> 00:10:28.620 align:start position:0% is 00:10:28.620 --> 00:10:30.949 align:start position:0% is um<00:10:28.680> is<00:10:29.459> managed<00:10:29.760> by<00:10:29.940> the<00:10:30.120> performance<00:10:30.540> the 00:10:30.949 --> 00:10:30.959 align:start position:0% um is managed by the performance the 00:10:30.959 --> 00:10:33.650 align:start position:0% um is managed by the performance the performance<00:10:31.320> is<00:10:31.560> uh<00:10:32.519> basically<00:10:33.120> easy 00:10:33.650 --> 00:10:33.660 align:start position:0% performance is uh basically easy 00:10:33.660 --> 00:10:36.050 align:start position:0% performance is uh basically easy delegate<00:10:34.320> voting<00:10:34.800> on<00:10:34.980> all<00:10:35.160> the<00:10:35.339> polls<00:10:35.820> and<00:10:35.940> all 00:10:36.050 --> 00:10:36.060 align:start position:0% delegate voting on all the polls and all 00:10:36.060 --> 00:10:38.210 align:start position:0% delegate voting on all the polls and all the<00:10:36.240> executives<00:10:36.660> and<00:10:37.260> are<00:10:37.440> they<00:10:37.620> giving<00:10:37.800> a 00:10:38.210 --> 00:10:38.220 align:start position:0% the executives and are they giving a 00:10:38.220 --> 00:10:41.779 align:start position:0% the executives and are they giving a reasoning<00:10:38.640> for<00:10:38.880> those<00:10:39.360> votes