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--- tags: Endgame Video Summaries --- ## Summary of [Open Decentralized Voter Committee | 6.23.22 | Early Pre-Game Products](https://www.youtube.com/watch?v=nUeisgkh9tg&list=PLLzkWCj8ywWMJ8ImSqKaYf-87Mx7gOkaF&index=24) ### 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 Open Decentralized Voter Committee, a long-term focused project that aims to improve the quality of life for players in The End Game. The end game plan focuses on the initial products and the launch phase of the in-game plan. The main features of the end game plan are represented by the singularity engine, which is integrated into various other features to improve gas efficiency. 00:05:00 The video discusses Open Decentralized Voter Committee, a project that aims to create a transparent and fair system for voting. The first step is depositing fiat currency into a storage wallet on the blockchain. After that, one must activate farming, create metadials, and set rules for governance. Once the mip is approved, the process is irreversible. The end game plan launch map is a huge part of the project and will be a big part of the challenge of getting the end game plan ready. 00:10:00 The video discusses the Open Decentralized Voter Committee, which is a project designed to make it easier for voters and delegates to collaborate. The project includes tools to teach delegates how to write mips, as well as a launchpad to help with the development of an endgame plan. 00:15:00 The video discusses the Open Decentralized Voter Committee project, which is designed to create a democratic system that is free and open to all. The committee will use polling and metadatas to gather information, and the balance of pool will be used to incentivize metadata accumulation. The rewards for participating in the committee are MKR and the balancer pull elixir. 00:20:00 The video discusses the idea of having an open-ended, decentralized voter committee to make sure that the singularity engine features are developed in a way that is as clear and future-proof as possible. The video recommends that the voter committee be as detailed as possible, with concrete steps and a process for making amendments. 00:25:00 Open Decentralized Voter Committee discusses ways to improve the early game products. They discuss the benefits of having a delegation process, but note that it is not a pre-game feature. 00:30:00 The Open Decentralized Voter Committee video covers the basics of a proposed tokenomics system that would allow for fee-less polling, delegation of metadata, and decentralized voting. The system is designed to be scalable and efficient, and is based on the principle of emissions and burning. 00:35:00 The video discusses the Open Decentralized Voter Committee, a project that will allow for experimentation with tokenomics. The committee will use the MKR token to acquire liquidity for metadata tokens. These tokens will be used to power the committee's operations and to distribute yield to MKR holders. 00:40:00 The video explains the Open Decentralized Voter Committee, which is a proposed system for distributing rewards to stakeholders in a decentralized manner. The system would initially distribute Treasury tokens to participants, and eventually allocate these tokens towards infrastructure and workforce bonuses. The video also discusses the need for a more equitable distribution of rewards, and points out that Maker's current p e ratio is far too low. 00:45:00 The video discusses the advantages of a dynamic voting reward system, which rewards participants with MKR tokens for their active participation. The system rewards holders of MKR tokens with a fixed amount of inflation over time, in order to equate to the amount of emissions the tokens represent. 00:50:00 The video discusses Open Decentralized Voter Committee, a project that aims to create a decentralized voting system. The system would be able to distribute metadata tokens to incentivize die generation of dye, and would also have a stability fee system to prevent whales from controlling the system. 00:55:00 The video explains how Open Decentralized Voter Committee (d5 2.0) will work, and provides an overview of the different tokens and their distribution. It also discusses the need for a simple farm front end before it can be launched. 01:00:00 Core distribution is done through the yield farming stuff and there is this core supply of three billion distributed through this helming approach. MDow is simply a stand in so there would be you know some whenever i write mdao you can replace that with m stereo tokens or m1 token or m2 token and of course eventually they'll change the name so it'll be some other you know it'll be dosh style token and capped out token or whatever right. The basic thing is this core pile of three billion that's distributed out to the core user base of maker becomes really the seed of the metadow community that's getting it for free. You know someone yeah so it's basically one third goes to mkr and that's just guaranteed. That you just have uh basically a billion tokens that go through care holders that delegate over a long period of time but most of it up front in the first couple of years. And then two thirds of it goes to synthetic eth and die holders. There's this whole thing there's a need for a system here that basically balances between how much we want to go to that death and how much we want to go to dive because this is basically something we can use to maximize the level of decentralized collateral backing diet. One of the one of 01:05:00 The video discusses the Open Decentralized Voter Committee, which is a project designed to help ease the transition from MakerDAO to Metamask. The committee offers financial incentives to MakerDAO's core unit holders, as well as a revenue stream from the sale of metadata tokens. 01:10:00 Open Decentralized Voter Committee discusses how to value things such as tokens and how to accumulate elixir over time. 01:15:00 This YouTube video explains how a decentralized voter committee (DVC) will work, and how it will improve the liquidity and efficiency of maker tokens. The video also discusses the importance of elixir, which will be used to incentivize holders of maker tokens. If the market conditions are right, the DVC will be able to absorb massive amounts of maker tokens, which will help to keep the price stable. 01:20:00 The video discusses Open Decentralized Voter Committee, a model for decentralized governance that is still in development. The model allows for more strict requirements for when voters are allowed to participate in governance, which benefits the makers because that means they sit around with elixir longer. The video also mentions the Metadata project, which is designed to create a market for metadata tokens. In the meantime, the MKR tokens provide a counterbalance to the selling pressure applied by the cell walls. 01:25:00 The video discusses the Open Decentralized Voter Committee, which is a project designed to improve voter turnout and governance. The committee is made up of motivated community members who engage with each other to create a better ecosystem. The video also talks about the maker node network and the manual token, which is designed to optimize for intangible value. 01:30:00 The Open Decentralized Voter Committee project aims to create a more secure voting system and to create a platform for other businesses to be run. The node network vision includes the use of the network to run staking, an important part of the end game vision for the MakerDAO network. 01:35:00 The video discusses the Open Decentralized Voter Committee, which is a project to build a decentralized voting system. Chain Link is mentioned as a possible tool for this project, as it is already a part of the Make oracle network. 01:40:00 The video discusses the idea of a decentralized voter committee, which would allow for the voting of decisions by the community. It also mentions the idea of a stable coin and how it would converge to cover all the primitives. Finally, the video mentions the idea of a roll up, which would create a kind of complexity that the creator isn't a fan of. 01:45:00 The Open Decentralized Voter Committee video provides a brief overview of their product, the Rollup, which allows users to easily find and use d5 protocols and projects. The team also discusses their plans for the Clean Money Initiative, which aims to restore the political dynamics necessary for successful decentralized interaction with rebel assets. 01:50:00 The author proposes a model for open, decentralized voting, in which multiple groups of voters work together to create a political dynamic that works. He believes that this process is difficult to achieve, and that the current political landscape impedes its development.