# Meeting with Robin Hanson I had the first meeting with Robin Hanson on behalf of the Meta-DAO. Here's what he recommended: - We should incentivize market-making and proposal-creation. - What's nice is that we can determine how much value a proposal would add (e.g., if the pass price is $10, the fail price is $8, and the circulating supply of META is 1m, then this proposal would add $2m), so we could pay a percentage of that. For example, we could pay a proposer 5% of the value a proposal creates and market makers 10%. - It seems like he leans towards an AMM model. - A benefit of the AMM model is that we could both prevent spam and ensure that markets are liquid by requiring proposers to deposit a certain amount of liquidity. - It's also much easier to incentivize liquidity with an AMM - it might be impossible with an order book because of wash trading. - He doesn't like the 'require pass price to be 5% above fail price' approach. Instead, he thinks that we should fit the price data to a mean-reversion model with noise, and have the % be based on how much noise there is. - If there's a proposal that would always generate $100, no more and no less, for the DAO, it should always take it. However, today it wouldn't take it. - He thinks it would be a good idea if a few of us had a conversation with him, recorded it, and put it on YouTube. Would boost our credibility.