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Agenda

  1. Welcome
    1. Announcements
      1. DAO-wide Coordinape is coming up; be on the lookout for the announcement
        1. 3 tiers: Guest Pass, L1, L2: MAKE SURE YOU SIGN UP!!
      2. The Editors Circle has officially kicked off! Staff Editors currently consist of Trewkat, hirokennelly, Jake and Stake, kalex1138, links, Frank America, siddhearta, tomahawk, and nonsense. This team will is tasked with raising the quality of our editing by taking on pieces directly and working with editors in training; creating editing resources that include improving the Editing Framework and the advent of a style guide; and working with authors to improve their writing skills.
        1. interested in being involved? We would love to hear from you! Come on down to the epa chat channels! (#epa-general)
    2. New Member Intros
      1. ScottA - was in CityDAO for the last month, which led him to Bankless (podcast). Looking forward to writing and contributing in any way they can.
      2. Blossomwashere - Blossom, second time at this meet, but never said anything in the first one. Has been hopping around and trying to contribute - does writing and editing.
  2. Guild-wide Discussions
    1. Governance coordinator elections - poll (#writers-polls) and thread (#writers-governance) set up
      1. want to see a fellow scribe as Gov Coordinator? Add their name to the poll!
      2. More deets in the message
      3. TO GET TO THE THREAD, go to #writers-governance, click on the # icon at the top and join the thread
    2. Best use of project revenue: percentage returned to Guild multisig, or BANK buy-back? This is a continuation of the discussion from last week.
      1. check out thread in #writer-general
      2. long-term stuff: treasury needs revenue to survive long-term, and BANK buyback is very lucrative for projects, so assuming all projects go this way, then it wouldn’t b a viable long-term strat as treasury needs revenue to survive
        1. another approach: projects accept BANK as currency, encouraging consumers to buy BANK (instead of project buying BANK)
      3. do we need signoff from treasury? There’s not really much stopping us from this
        1. Frank America feels that he needs some sort of consensus around this
          1. forum post: https://forum.bankless.community/t/project-value-alignment/2709
          2. Thread: https://discord.com/channels/834499078434979890/935252753113051146/935252878694678588****
      4. What does BANK buyback actually mean?
        1. In general, we are paying people in BANK and people are selling it (for life, for other tokens, etc). More selling than buying means the price goes down
        2. Buying BANK on a whole would drivee the price up, which increases everyone’s relative value of BANK
        3. For projects, this is pretty good - instead of sending money to treasury, we continue to have resources to make good shit.
          1. i.e. we buy BANK from Uniswap and use it to pay people to make more stuff
      5. How are revenue-generating projects handling revenue?
        1. newsletter is a special animal - funded by treasury and 90% of rev goes back to treasury
          1. now with Balancer sponsorship, they are getting BAL which goes direct to treasury
          2. there’s a lot of un-agreed dynamics at play
        2. This will likely be based on what projects want to do - we’ll see who actually wants to do this
        3. Waiting for an answer - we may never get one. We should do what works for us and see what happens
          1. so we can decide on an approach, ask stakeholders, and get it shot down or pushed forward
      6. Experimentation
        1. we need to make sure if we do this, that we are collecting some data to ensure we’re moving in a positive direction
      7. Next steps?
        1. Take it back to the teams: CS, Newsletter, EPA
        2. ACTION: each team lead (Frank America, Siddhearta, SamanthaJ) discuss this at their own meets, bring back the consensus to the next Council of Writers

Status on Governance Doc?

Guild-wide writing sprint

DAO Heat