--- tags: Endgame Video Summaries --- ## Summary of [Open Decentralized Voter Committee | 10.26.22 | Fixed Rate Strategies & Decentralized Scopes](https://www.youtube.com/watch?v=M9WX4QD1yEM&list=PLLzkWCj8ywWMJ8ImSqKaYf-87Mx7gOkaF&index=5) ### 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 video discusses how Open Decentralized Voter Committee is working on strategies to retain users and increase engagement. One potential strategy is a bonus to front ends. 00:05:00 The video discusses how a decentralized voting committee that uses fixed rates can benefit both voters and makers. The video also showcases how this could be implemented in-game. 00:10:00 In this video, the Open Decentralized Voter Committee discusses how they plan to establish fixed rates for their ecosystem and how the scope framework will help to enforce these rates. They also discuss how the fixed rate module will be a new form of collateral that can be accessed by metadatas. 00:15:00 The video discusses how Open Decentralized Voter Committee (ODVCC) implements a framework for setting up electoral systems and managing rewards for actors. The video also covers how this framework gets locked down, and how new scopes are created and managed. 00:20:00 The video discusses the Open Decentralized Voter Committee, which will have 12 calls per quarter, to discuss what should be done with the voter scope framework. The purpose of these calls is to prioritize changes and make sure that the framework is consistent and coherent. 00:25:00 The video discusses the idea of creating a fixed rate system for decentralized collateral, which would make it possible to attract long-term users. The video also discusses the need to define security characteristics for this type of system. 00:30:00 The video discusses how Open Decentralized Voter Committee (OVC) criteria, objectives, and scope frameworks are designed to make governance and operations in the town more decentralized and trustless. The video also discusses the role of governors in the OVC, and their responsibility of operating councils and tribunals. 00:35:00 The Open Decentralized Voter Committee video covers the difference between a council and a core unit, how councils are composed of representatives from different government meditations, and how governors operate core units. David asks about the head council, and the team-based approach to governance that Make a Call allows. 00:40:00 Governor meta Taos is a system for decentralized governance of projects. Governor meta Taos is a way for token holders to govern projects, and in the event that projects violate their scopes, token holders can punish the offending party. Governor meta Taos is a system that reverses the risk of operational failure, making it more expensive for maker but less risky for them. 00:45:00 The video discusses the idea of a decentralized voter committee. This committee would replace the current system where decisions are made through a centralized authority. The committee would be made up of metadatas focused on the decentralized aspects of the world, and would operate without the risk of operational failure. 00:50:00 The video discusses the need for a decentralized voting committee to oversee the implementation of the plan passed at the meeting 10.26.22. The next steps are to define the Scopes, consider changes to the Framework, and enforce the Framework. 00:55:00 The video discusses the importance of establishing a legal and regulatory strategy before getting into more formal work on the Scopes, which are a set of rules governing the game. The Constitution, or rules governing the game, is essential to this goal, as it ensures that changes are made with caution and that the system remains immutable. 01:00:00 The author of the video discusses the potential challenges of trying to change the protocol via a vote, and how voter apathy may hamper progress. He goes on to discuss how a decentralized system may be more beneficial in the long run, and how changes may need to be voted on by a majority of MPL holders in order to be effective. 01:05:00 The video discusses the possibility of voting online in order to create a decentralized Constitution. It argues that this would be a more reliable and secure system than relying on in-game approval voting, and would reduce the power of the few who could change the game. 01:10:00 The video discusses the need for a pregame for a decentralized governance initiative, and discusses the requirements for a Constitution and scope frameworks. The video also discusses the role of protocol engineering in this process. 01:15:00 The video discusses the Open Decentralized Voter Committee, which is a project that aims to create a decentralized voting system. The committee has already completed research on voting systems and has created a diagram outlining the different scopes and priorities of the project. The main product of the committee is the home front, which is a reference implementation of the voting system. Every meta will have their own product front-end, and the governance process will be handled by recognized delegates. 01:20:00 The video discusses 10.26.22's fixed rate strategies and decentralized scopes. The video covers the Open Decentralized Voter Committee, Meta Alexia, and Metanomics smart contracts. The video states that these contracts are extremely simple and that they have already been scoped out. The video also mentions that the Constitution, Standalone MIP, and Anti-Reflexivity mechanic are all standalone smart contracts. The video states that the diet farm is more complicated because it has to be able to read the debt of a vault and that it has a bunch of weird edge cases and math. 01:25:00 The video discusses Open Decentralized Voter Committee (ODVC), a proposal for a decentralized voting system. The system would use MPR tokens as voting tokens and would require delegates to participate in major governments in order to generate MPR tokens. The video also discusses the Constitution of the ODVC, which includes a mechanism for reimbursing stakeholders in the event of a loss. 01:30:00 The video discusses the Open Decentralized Voter Committee (ODVCo), which is a proposed decentralized voting system. The protocol is going to be smaller and more easily recoverable, leading to a greater chance that die holders will not get a haircut. Additionally, the protocol is designed to support the generation of MPR from the beginning, which is necessary in order to support die generation. This will require the development of mips (micro-in-game products) for each of the proposed decentralized voting system components. 01:35:00 The video discusses the need for a protocol engineering team to create specifications for the long-term work related to a mega protocol, and how the Constitution will define the scope of that team's work. The team will need to be flexible in order to avoid creating problems down the road. 01:40:00 In this video, the speaker discusses the Open Decentralized Voter Committee and its goals. He also discusses automation and how it should be prioritized in regards to governance. He concludes the video by discussing the in-game plan launch and how it will benefit creators and protectors. 01:45:00 This video discusses Open Decentralized Voter Committee, a proposed method for voting on Decentralized Applications. The Committee would be made up of representatives from the blockchain and cryptocurrency communities, and would use decentralized collateral to determine product market fit. If a product fails to meet market fit, its collateral would be used to fund other projects. 01:50:00 The video discusses how the Open Decentralized Voter Committee (DVC) will operate, including the replacement of the governance and risk meeting with DVC subcommittee meetings.