--- tags: Endgame Video Summaries --- ## Summary of [Open Decentralized Voter Committee | 8.31.22 | Endgame Approval MIP Set](https://www.youtube.com/watch?v=X9_KyQ07p1M&list=PLLzkWCj8ywWMJ8ImSqKaYf-87Mx7gOkaF&index=11) ### 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 the upcoming vote on the end game approval MIP. Thomas explains that the most important part of the vote is that he needs to speak to all the people he considers critical to the success of the meta game before making a statement. 00:05:00 This individual discusses the upcoming vote on the Indian plan, which if rejected would mean a rejection of all but the optional Lido swap. They explain that the approval MIP is a full commitment and that there are already detailed technical maps ready to be implemented. 00:10:00 The open decentralized voter committee is a project designed to increase the approval of the final game approval map. There is a risk that the approval maps will fail to get approval, in which case the project would go through edits and iteration in order to find a direction and path forward. 00:15:00 The Open Decentralized Voter Committee video discusses the importance of the Meta Dallas initiative, which is a project to develop a decentralized voting system. The video also describes the concept of metadata clusters, which are groups of people who share a common vision and are empowered to create their own projects. 00:20:00 The video discusses Open Decentralized Voter Committee, a new platform that formalizes and powers maker governance. The platform attaches to existing clusters, creating a class cluster for The Deco core unit and protector cluster for strategy Finance. This enables more specific and focused governance. 00:25:00 The video discusses the Open Decentralized Voter Committee, a proposal for a decentralized governance system for Deco. The system would involve clustering the coin's workers intometa and social media forums, in order to create a supportive community. If the real world finance and real world coordination nodes are northbound, the system will not go into force. 00:30:00 The speaker discusses how a decentralized voter committee will work and how it will be different from other platforms. They explain that metadars are copies of what maker is today, and that this is because they are using what maker is today. 00:35:00 The video discusses the Open Decentralized Voter Committee, or "ODVC", a project designed to create a platform that allows for the incubation of meta-projects and the governance of communities. The ODVC will initially be implemented using Discord and forums, but will eventually need a platform that is censorship-resistant and anonymous. 00:40:00 The video discusses the Open Decentralized Voter Committee, which is in a better position to transition to a decentralized voting system after stabilizing multiple meta dials. The committee is composed of multiple types of creators, protectors, and governors, and is managed by core units. Protocol engineering is treated differently than other coordinates, and the committee does not compete with each other. 00:45:00 The video discusses the Open Decentralized Voter Committee, which has the goal of changing the RC period from one month to three months. This is in line with the end game objective of the meta task, which is to stabilize the game. 00:50:00 The video discusses the Open Decentralized Voter Committee proposal, which would allow for faster acquisition of safety and cheap dapps. 00:55:00 The presenter discusses how they acquired starting collateral for the Open Decentralized Voter Committee (ODVC) by selling NPR and swabbing. They then explain how this provides them with an opportunity to accumulate state deeds and stake teeth. Finally, they mention that in 2024, they will have to leave the project, which coincides with the main game's completion. 01:00:00 The video discusses the idea of a decentralized voter committee, which would be responsible for approving changes to the protocol. The core development team should remain autonomous, and be incentivized to do the best work possible. 01:05:00 The video discusses Open Decentralized Voter Committee, which is a proposal to change how MIPs are approved. The idea is that strategic Finance and risk facilitators would become responsible for real assets and psms, respectively, and that collateralarding would be removed from the process. The purpose of the Coordinate is still unclear, but it is likely that it would be used to supply Meta Labs with metallics. 01:10:00 The video discusses the Open Decentralized Voter Committee, or "OPCV Committee," which is a project aimed at creating a bottom-up process for approving new members into the Maple platform's core units. The goal is to avoid the issues that arose when the core units were administered top-down, and to accumulate state slowly in order to avoid flipping between Bitcoin and Luna-like price swings. The protocol involved in this project is the Protocol on Vault, which is a proto-hack of the Mega protocol. The main goal is to accumulate state needs slowly in order to avoid instability and being possible to liquidate. The Leverage parameter is set to 225 percent, which is the over-collateralization parameter for the protocol. 01:15:00 The video discusses the Open Decentralized Voter Committee, which is a project that aims to create a stablecoin that is backed by real assets. The committee believes that taking on a high level of volatility in order to generate a high yield is worth it in order to create a new community of people who care about decentralization. 01:20:00 The video discusses the Open Decentralized Voter Committee, a proposed protocol for voting on decentralized decisions. The video explains that the committee's goal is to reduce the size of the decentralized system, making it more resilient to physical crackdowns. The video also discusses the parameters of the protocol, including the risk associated with each coordinate. 01:25:00 The video discusses how a decentralized voter committee would work, and how it would need to reduce headcount in order to function effectively. It also discusses how strategic happiness and events would need to be off-boarded in order to maintain continuity. 01:30:00 The video discusses the Open Decentralized Voter Committee, which is an effort to give people a chance to generate positive value in the decentralized world. The committee is structured wrong, and it would be bad to spend so much effort building it up only to have it undone. The Clusters concept is a potential solution to this problem. 01:35:00 The video explains the Open Decentralized Voter Committee, which is a way to reduce risk and increase profitability for Lane Gaming. The committee will be made up of eth holders who will vote on budget reductions and changes to the game. 01:40:00 The video discusses the Open Decentralized Voter Committee, which is a project that aims to create a system where anyone can vote on decisions that affect the game. The committee will be made up of volunteers who will have no collateral attached to their votes, which will allow them to operate without bias. The committee will discontinue its operations as "business as usual" once a majority of participants approve the in-game plan.