--- tags: Endgame Video Summaries --- ## Summary of [Open Decentralized Voter Committee | 6.29.22 | Short-term Endgame Plan](https://www.youtube.com/watch?v=yO0i2bP_UZM&list=PLLzkWCj8ywWMJ8ImSqKaYf-87Mx7gOkaF&index=23) ### 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 The author of this video overviews the collateral engineering services core unit, which includes efforts to increase the supply of dye and operationalize collateral management. The author discusses the current focus objectives and the collateral pipeline, which includes the use of a collateral management life cycle (CML). He also discusses the work in progress and the product development opportunity pipeline. The author explains that the collateral onboarding process has been a source of frustration in the community, and that the bottleneck is due to the collateral funnel not working correctly. He discusses the importance of a good funnel and how it applies to other areas of life. 00:05:00 The video discusses the progress of the collateral onboarding process, including updates to requirements and guidelines, and the use of prioritization sentiment polls to determine which applications to greenlight. It mentions that the domain teams are also involved in the process and provide high-level comments on applications. Finally, the presenter discusses the objectives for the next meeting. 00:10:00 The Open Decentralized Voter Committee is working to update the collateral status index (csi), which will help determine the next steps for various projects in the ecosystem. This includes updating the focus objectives list and working on various pipeline opportunities. 00:15:00 The presenter discusses the Open Decentralized Voter Committee, which is a project designed to move collateral through the system more quickly and in a more transparent manner. They note that while the committee is still in its early stages, they are working on implementing guidelines to make the decision of which collateral to move more objective. They also discuss the importance of developing a team of core units that are able to work together efficiently and prioritize goals appropriately. 00:20:00 The Open Decentralized Voter Committee is working to streamline the application process in order to increase the chances of approving good applications. Changes made include revamping the process for approving new pieces of collateral, and improving communication and transparency. 00:25:00 The speaker discusses the challenges of finding decentralized collateral that is profitable and scalable, and raises the possibility that decentralized assets may never be profitable. He suggests that the community focus on larger, more important decisions in order to move the protocol forward. 00:30:00 The presenter discusses the advantages and disadvantages of using different crypto collateral types in the current market environment. They discuss how the Open Decentralized Voter Committee is attempting to better utilize assets in the system by focusing on four specific areas: monetization, collateral technology development, product development, and future-looking product development. 00:35:00 The video discusses the idea of a decentralized voter committee, which is designed to help create a short-term endgame plan for the protocol. The committee is focused on developing strategies for earning a yield and diversifying away risk. 00:40:00 The video discusses the Open Decentralized Voter Committee, a proposed short-term endgame plan for decentralized governance. The committee would create autonomous frameworks to figure out how to best achieve the short-term objectives of the decentralized empire, while maintaining censorship resistance and more important strategic value than liquidity. 00:45:00 The speaker argues that the MakerDAO team made a strategic miscalculation in pursuing complex real assets instead of government bonds, and recommends abandoning these types of investments. 00:50:00 The video explains that the goal of the endgame plan is to transition away from real assets, and towards more complex but real assets-based systems. The key to success is engagement with governance, and finding counterparties who are willing to work with maker and real assets. 00:55:00 The video discusses the Open Decentralized Voter Committee's plans for the short term, focusing on their strategy of using tokens to represent real world assets. The team believes that this will make it easier to bootstrap and implement metadata, eventually allowing for the creation of complex real-world assets. 01:00:00 The video discusses the Open Decentralized Voter Committee, a short-term endgame plan for the community in the event of a crisis. The committee is made up of members from the maker community and those with governance expertise, in order to build a metadata structure that is healthy and works. Beyond that, the community should not freeze all activity in order to avoid majority approval for the deals. 01:05:00 The video discusses how Dow Chemical is struggling to compete with companies like MakerDAO due to the intense political struggle around complex real-world assets. The metadatas offered by reformers could help to solve this problem by allowing for smaller, more aligned teams to compete without the interference of politics. 01:10:00 The video discusses Open Decentralized Voter Committee, which is designed to help with governance and political and operational pipeline. The short-term endgame plan is to coalesce into this functioning governance and political and operational pipeline. If successful, this would mark a major step forward for MakerDAO and complex real assets. 01:15:00 The main point of this presentation was to propose renaming parties to voter committees and then voter committees to vote on committee meetings. Another suggestion was to create user-friendly environments for voters. 01:20:00 The video discusses how the delegate committee should be run, with the ultimate goal of ensuring that the voters have the necessary information and confidence to choose the best path forward. The speaker delegates all of his MKR to those who have been active in the calls and forum post, and then encourages others to do the same. 01:25:00 The presenter discusses the Open Decentralized Voter Committee, which will be the body responsible for selecting candidates for the short-term endgame plan. They list the candidates who they would like to delegate to and ask the audience to stay for an after party session.