--- tags: Endgame Video Summaries --- ## Summary of [Open Decentralized Voter Committee | 6.9.22 | Endgame Decentralized Workforce](https://www.youtube.com/watch?v=wtNklAS6M4M&list=PLLzkWCj8ywWMJ8ImSqKaYf-87Mx7gOkaF&index=28) ### 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 A document outlining the goals and plans of a decentralized workforce is released, with the hope that it can be used as a resource by community members. The call is scheduled to last one and a half hours and is intended to cover part three of the game plan. 00:05:00 The video discusses the plan for a short form video to hype the value of the endgame decentralized workforce document, and a signal request to determine whether the in-game plans will be implemented. 00:10:00 The Open Decentralized Voter Committee video overviews a proposal for a decentralized workforce that is separated into multiple roles with public interactions between them to ensure accountability and transparency. 00:15:00 The video discusses the concept of freedom of information, which is the ability for the public to scrutinize how decisions are made. It also discusses the open-source approach to governance and the concept of scope maps, which help to create overviews of what's happening in different parts of a decentralized work force. Finally, the video discusses the roles of maker, metadata, and worker in a decentralized workforce. 00:20:00 The video discusses the idea of a "decentralized workforce" in which employees are incentivized to transition to a new, decentralized structure. The end game is to create a smooth transition that minimizes disruption, while providing feedback to the developers and code. 00:25:00 The video discusses Open Decentralized Voter Committee (ODVWC) structures, which are permissionless and allow for anyone to participate. It also discusses how these structures help overcome the relationship problem. 00:30:00 Voter Committees are the entry point for regular encounters between Maker and Dow representatives, which ultimately power delegates and budget allocators. 00:35:00 The Open Decentralized Voter Committee video discusses the importance of having a separation of powers in a decentralized system, as it helps delegates focus on high-level decisions without being swayed by constituents. The video also discusses the importance of budgeting and how it can be a major issue in a decentralized system. Finally, the video discusses the innovation of the in-game plan, which relies on a separation of powers and a built-in overhead to make budgeting decisions more dynamic and resistant to bad budgeting. 00:40:00 The video discusses the concept of a decentralized voter committee, which is a type of governance model in which permissionless actors (makers) interact with metadials (coordinates) to accomplish tasks. In this model, themetadials are responsible for paying the makers for their services, and the metadata (a coordinate service provider) ensures that the relationship between maker and coordinate is legitimate. This type of governance structure has the potential to improve the efficiency and transparency of the decentralized workforce, while also protecting the makers from exploitation. 00:45:00 In this video, Maker explains the difficulties they have in maintaining separation of powers in a decentralized workplace, and how the metadows would help to remedy this. The metadows would be accountable for any breaches of separation of powers, and would be able to take claims from the metadata of entities that break this rule. This would make it easier to deal with breaches and make the overall workflow more accountable. 00:50:00 The video discusses the benefits and drawbacks of using centralized vs. decentralized voting structures. The centralized structures of today are seen as a nightmare of bureaucracy and complexity, while the decentralized structures of the future are seen as more effective and efficient. 00:55:00 The video discusses the need for a decentralized workforce, and provides a plan for achieving this. It emphasizes the importance of boundaries and proper incentives, and introduces the concept of metadata collateral. The author concludes by urging Maker holders to delegate to delegates who are doing what they want. 01:00:00 This video explains the Open Decentralized Voter Committee, a framework for surveying and managing decentralized workforces. The committee provides research and reports on best practices for decentralized workforces, which helps to improve governance of these systems. Administrative coordinates help to manage budgets and hire contributing codes, while supporting coins help to keep the process trustworthy and reliable. 01:05:00 The presenter discusses the benefits of using metadatas to manage Maker governance, noting that they can be used to track and manage the different roles and responsibilities that a decentralized workforce may require. He also points out that metadatas can be used to ensure redundancy and resilience in the event of any failures. 01:10:00 The video discusses the three main ways that work gets done in the long run: the top-down, recurring expansion work; the classic, top-down approach to making sure Maker has access to eth and math, and the administrative coordinate who ultimately pays for the work. This approach has a number of problems, including the fact that there is no longer any scope for expansion, and that the administrative coordinate has little discretion in how the money is spent. 01:15:00 This video discusses the Open Decentralized Voter Committee (ODVC), a system that allows for the voting of proposals through a decentralized process. Maker is responsible for paying for the proposals voted on, and any surplus is shared among all participants. If a coordinate fails to follow best practice, they are exposed to risk of guarantee claims. 01:20:00 The video explains how a decentralized voter committee works. Once the work is completed, the metadata coordinator takes it to a maker level administrative coordinate for a vote. Maker gets it for free, with no governance overhead. 01:25:00 The presenter discusses the Open Decentralized Voter Committee, which is a project designed to save money by improving creditworthiness and reducing collateralization requirements. The Open Decentralized Voter Committee uses metadata to credit enhancements and collateralization ratios, and makes risk adjustment proposals to the d3m that feeds into a particular metadata. Maker can analyze the work done by all the metadows, and make decisions based on the results. This creates a feedback loop that allows maker to make slow, but powerful, adjustments.