--- tags: Endgame Video Summaries --- ## Summary of [Open Decentralized Voter Committee | 8.10.22 | Introducing Endgame v3](https://www.youtube.com/watch?v=DmR4LDPX9LA&list=PLLzkWCj8ywWMJ8ImSqKaYf-87Mx7gOkaF&index=15) ### Disclaimer This is an [AI generated](https://www.summarize.tech/) summary. No manual curation has been done. There may be inaccuracies. ### Summary 00:00:00 In this video, Thomas explains the new Endgame v3 platform and how it will allow for more democracy in the game. He also shares a cheat sheet with details about the platform. Next, he discusses how voting will work and how the final decision will be made. 00:05:00 The video introduces Open Decentralized Voter Committee, a proposal to create a voting system using blockchain technology. The proposal is to hold a vote in October, and following that, a meta vote in August of next year. The central focus of the proposal is the target collateral portfolio, which is described as the "absolute centerpiece." 00:10:00 The video discusses the Open Decentralized Voter Committee, which is a decentralized organization designed to help validate and reject metadials. The committee has three tokens- Endgame v3, Mc, and Deco- and is powered by the metanomics, a set of rules that govern how the tokens work. The goal is to attract governance participation and capital to help it reach its goals. 00:15:00 The video discusses the differences between the Open Decentralized Voter Committee (ODVC) and the Proof of Content Metadials (PoCMs), and introduces the Proof of Concept Metadials. The ODVC seeks to create viable real assets by requiring metadata to be metadials. If the metadata is rejected, the real asset cannot exist in its current form. The PoCMs are designed to offer liquid filler collateral to protectors in the event that the metadata is rejected. 00:20:00 The video discusses Open Decentralized Voter Committee, which is a system that allows for the allocation of collateral in a trustless manner. This system is designed to reduce the risk of corruption in Maker, and allows for the transfer of large amounts of cash to the protected house. This system is based on the idea that giving risk and capital to those who need it most is the most sensible approach. 00:25:00 The video discusses the idea of a "frozen scope" for decentralized governance, in which changes to the governance system are only made after a consensus has been reached among the stakeholders. The video also discusses the idea of hardwired metadata classes, and the potential for them to become corrupt or broken. 00:30:00 The presenter describes the Open Decentralized Voter Committee, which allows for the representation of makers and governors in a decentralized management system. 00:35:00 The Open Decentralized Voter Committee introduces Endgame v3, a governance token that rewards voters for delegating power to a metadata cluster. The video provides an overview of the proposed system and its components. The first two years of the ten-year distribution cycle are focused on rewarding MKR holders with 40 percent of the total tokens. 00:40:00 The video introduces Endgame v3, a decentralized voter committee designed to preserve value for token holders. The committee will have a target portfolio and farm balance to achieve die savings rate and base rate adjustment. 00:45:00 The video discusses the idea of a decentralized voter committee that would make determinations about what is considered clean money. The committee would be made up of delegates and governors, and would be assisted by a council of advisors. 00:50:00 The video introduces the Open Decentralized Voter Committee, a governance framework for using clean money to benefit society. The framework consists of a set of councils and core units, each with its own scope and budget. Governors submit proposals to the councils based on the scope map, and the councils determine whether to implement the proposal or pass it on to a lower-level core unit. 00:55:00 The speaker discusses the Open Decentralized Voter Committee, which will allow voters to make decisions about what goes into the Endgame scope map. Maker is uniquely positioned to help make this happen because they are able to invest in things with no negative externalities. Most of the existing ESG frameworks are scams, but it is important to start taking them seriously in order to make a real impact. 01:00:00 This video discusses how a decentralized voter committee could be implemented, and how it would fall under the "ecosystem scope" which would in turn involve internal teams within creator dao's or even project teams. 01:05:00 The "Open Decentralized Voter Committee | 8.10.22 | Introducing Endgame v3" video presents an overview of Endgame v3, a decentralized voter committee project that aims to create a system in which citizens can vote on proposed changes to the metanomics. The system would be overseen by a council, and would require budgeting and staffing in order to be implemented. 01:10:00 In this video, the creator of Endgame, Daniel Larimer, explains how the d3m (decentralized democratic voting) system works and how it can be adjusted. Larimer also talks about the split between target collateral and clean money, and how it can change. 01:15:00 The video introduces Endgame v3, a proposal for decentralized governance of metadata. The proposal includes incentivizing metadata holders with meta tokens and care bonuses, and electing team members with bonuses based on their success in clustering the metadata. 01:20:00 The video discusses the Open Decentralized Voter Committee, orODVC, and its plans to improve the l2 mechanic in the game plan. The ODVC plans to create shadowball engines, l2 farms, and a creator dao. These features will incentivize makers to create content and make adoption of the shot more likely. 01:25:00 The presenter introduces Open Decentralized Voter Committee, which is a project to create a metaverse where users can vote on proposals. They discuss the project's goals and introduce Erin, a member of the committee. They conclude the video by announcing the recording date for the DVC call and saying goodbye to Erin.