Uniswap Community Call #12

Uniswap Community Call #12 === ###### tags: `Uniswap` `Community` `Call` `Token Lists` `1 Basis Point` :::info - **Date:** Oct 20, 2021 - **Agenda** 1. BED Index Proposal 2. Ethelo Platform 3. DEF snapshot proposal ::: ## BED Index Proposal 1st topic presented by member of the Bankless DAO Airbayer Bankless DAO created an index and are looking to promote it Bed index is compromised ETH, BTC, and DPI DPI index is comprised of 17 different major defi protocol assets Index within an index Purpose is to be crypto friendly and serve as a way for new users to fall in love with crypto Exposure to three different assets and index balances each month Utilizing the social capital that the Bankless DAO shares by using the Bed Index Questions How is the index rebalanced? Rebalanced at the close of the first Friday. Components will be rebalanced based on what assets are performing better. Getting further details on where the rebalancing is actually taking place i.e. using Uniswap or another exchange. This has not been submitted to the governance forum but has been discussed in hopes of receiving a temperature check from the Uniswap community. Seeking $1 million to dedicate to the Bed Index Proposed a diversification tool The average user can interact with the Bed Index protocol through Uniswap and Sushiswap Response: It may be a good idea for some diversification but Uniswap token is solely used for governance at this time Are there other interesting projects? Launched the vegan bot but it was replaced with better version Bounty Board created, Writers Guild created through Bankless Potentially creating a dao punk to auction off and show-case individual daoism ## Ethelo Platform 2nd topic presented by Ben from https://ethelo.com/ Tooling for DAOs Web2 digital democracy platform Company works mostly governance and some non-profits Used for online decision making (policy discussion, grant allocation, infrastructure decisions, etc Example, https://bestpicknft.ethelo.net/ Looking for support to build the platform as useable Web3 tool Being able to sign in with Metamask to help with decision making in a lot different ways Cultivate the team members who understand the value of digital democracy Questions How does the product fit with Uniswap Governance? Making sure there can be fairness with setting different weights to votes A variety of measure can be applied to create a more fair voting system All depends on the decision your looking to make Example, you could have a sophisticated variety of criteria set to approve grants Possibly useful for discussions, elections, ideation phase, etc. Discussing how Uniswap voting system 2.0 worked compared to ethelo Ethelo’s algorithm can be used similarly but does so differently on the back end Grant proposal would be take the Ethelo tool broadly available to the governance space Emphasis on the customization and configurations that work towards meeting goals Solves a relevant problem within the governance space Offers a community a way to modify the voting process in secure environment This proposal did not pass ## DEF Snapshot Proposal 3rd topic presented by Miller from the DeFi Education Fund The primary concern was that the funds might be lost The proposal was to move education funds to a custodial wallet rather than using a multi-sig The intent behind the proposal was to introduce education around policy making around cryptocurrency Try to advance defi interests in policy making around the world Discussing the snapshot proposal The proposal didn’t pass Miller is working on a few different projects Discussed new SEC chair member Gensler and their approach to policy making FATF “Financial Action Task Force” coming out with education documentation soon Discussion of social behavior: Camp #1 imposing policy on defi and Camp #2 doing it in a way where the benefits of defi can be realized in the present and in the future Doing defi education meetings with nearly all US state representatives Funded some polling to see what the average voter thinks about Defi and are receiving interesting outcomes. Some of the results are available on the Defi Education Fund twitter Promising results from Blacksage on emails between members of European government Conversation will be published 14 day return policy, familiar to Europeans, would have to be a part of government policy Government is narrowly thinking about defi in terms of tax evasion Encouraging users to reach out to their local representatives to speak positively and educate legislators on defi