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tags: [Endgame Video Summaries]

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tags: Endgame Video Summaries
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## Summary of [Open Decentralized Voter Committee | 6.1.22 | Strategic Finance Updates & Endgame](https://www.youtube.com/watch?v=sGeA07E7XrQ&list=PLLzkWCj8ywWMJ8ImSqKaYf-87Mx7gOkaF&index=30)

### 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 decentralized voter committee is designed to empower regular people with a voice in governance. The committee is made up of representatives from strategic finance, elders, and funds, and aims to organize game calendars and get opinions and direction out of them.

00:05:00 The Open Decentralized Voter Committee is a concept with potential to improve Maker governance. The committee would consist of delegates, facilitators, and executive delegates, with delegates being paidMKR tokens and facilitators and executive delegates being compensated in MKR. The idea is to create an incentive for people to participate in voter committees, and to structure the bureaucracy so that voter committees are tied into the project.

00:10:00 The speaker discusses how voter committees can help empower voters and care holders, and how getting government bonds as collateral can help promote the development of a better governance system.

00:15:00 The call will be focused on financial topics, with a particular focus on governance. The presenters will discuss their backgrounds and expertise in this area.

00:20:00 The video discusses the financial health of the protocol, focusing on the revenue it earns from stable coins and collateral. It also discusses the decline in the e funding market, and how the protocol still earns a majority of its revenue from these assets.

00:25:00 The video discusses Open Decentralized Voter Committee's strategic finance updates, including decreased lending activity in Q1, increased demand for dye, and increased reliance on data to make better capital allocation decisions.

00:30:00 The speaker discusses the revenue forecast for Open Decentralized Voter Committee, and how it relates to voting decisions. He explains that, in order to make informed voting decisions, voters should be aware of the goals and outcomes of the kpis they are supporting, and how those goals and outcomes tie into their vote. The speaker also discusses the cost-benefit of supporting a given kpi, and how to quantify that benefit.

00:35:00 The speaker discusses the importance of using a shared language when discussing decisions and information with others within the decentralization movement. He suggests that the voter committee should also be involved in creating proposals and priorities for the DAO.

00:40:00 The "Open Decentralized Voter Committee" discusses how important it is to have data that can help make decisions about the direction of the Ethereum protocol. They state that the March 20 and March 21 numbers for new customers are down drastically, and that layer 2 is important to recovering the retail market.

00:45:00 This video discusses the Open Decentralized Voter Committee's projections for Maker's profitability in 2022. The video goes into detail about the different scenarios Maker will be in and how the profitability will be calculated. The projections show that Maker will have a positive net interest margin, interest and non-interest revenues, asset productivity, and total protocol revenues.

00:50:00 The video discusses the Open Decentralized Voter Committee's (ODV) plans for future growth and profitability. The key points are that the protocol operates at a high return on equity, largely due to the small size of the ODV's surface area, and that the business has a number of different assets that could be exploited productively. The video also discusses the potential for new projects and business ventures, which would diversify the ODV's exposure to risk.

00:55:00 The speaker discusses the need for a voter committee in order to take strategic action, and explains that there are different levels of complexity involved. He also discusses the need for a budget, the importance of cash flow, and the importance of a runway.
    
01:00:00 The video covers the idea of a financial "performance review" which is needed in order to ensure that core unit operations are efficient and that excess cash is returned to the protocol. This would help to build confidence in the coin's budgeting and management.

01:05:00 The video discusses the need for decentralized voter committees to have clear strategic objectives and an understanding of the direction the company is going in. It also covers the need for Maker Holders and Delegates to be aligned with each other, and the importance of having a runway in case of an emergency.

01:10:00 The video discusses the importance of safeguarding the maker holders' interests, and discusses the hypothetical case of a super bear scenario in which the protocol would need to reduce its budget (due to eth hitting a hundred dollars) in order to preserve the protocol's profitability.

01:15:00 The video discusses how a decentralized voter committee could help reduce budget cuts, and how the committee could also use performance data to reduce the amount of doubt and confusion among stakeholders.

01:20:00 The Open Decentralized Voter Committee's "Dashboard" will collect data on Maker Dapps and their operations, as well as their financials and roadmaps. This will make it easier for outsiders to understand Maker Dapps and their projects.

01:25:00 The Open Decentralized Voter Committee is working on creating a dashboard that will allow core units to keep their budgets private and then summarize the data automatically.

01:30:00 The video discusses the need for strategic finance and ses to align their efforts, and how this can be achieved through better integration of their workflows and use of a common tool. It concludes with a discussion of the potential benefits of such an approach, including decreased data costs, increased efficiency, and the ability to build an entire DAO using maker's existing governance infrastructure.

01:35:00 The "Open Decentralized Voter Committee" tool allows voters to learn about and participate in governance decisions. The tool also includes a "dial" that allows users to sort through different information.