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DAO Talk be DAOing || DT Weekly #13

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DAO Talk be DAOing || DT Weekly #13

U.S. Treasury extremely unbased, Coincenter based, Ethereum poised to stay god-tier, + your weekly DAO governance drama

DAO Talk
Aug 22, 2022
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congrats on finding the best DAO newsletter on planet earth. read in 6 minutes or less — this is your one-stop shop for everything DAOs. let’s get into it.

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friends,

DAOs are having a moment & we’re here to help capture that moment & etch it into technological stone (ty substack). this week’s edition can be described in one word: drama.

let’s get into it!


discussed on the pod ⬇️

🌪 web3 community challenges the U.S. Treasury’s TC sanctions

Twitter avatar for @jerrybrito
Jerry Brito @jerrybrito
Here is Coin Center's new, full analysis of the Tornado Cash action by OFAC. Bottom line: We believe that OFAC has overstepped its legal authority and are exploring a court challenge.
coincenter.orgAnalysis: What is and what is not a sanctionable entity in the Tornado Cash case - Coin CenterBy treating autonomous code as a “person” OFAC exceeds its statutory authority.
1:32 PM ∙ Aug 15, 2022
1,657Likes449Retweets
  • the battle over the constitutionality of the TC sanctions has MASSIVE implications for DAOs & will take months to play out. we’ll keep you in the loop.

  • tl;dr Coincenter extremely based.

👀the writing is on the wall for Ethereum Protocol Sanctions. How will the community react?

Twitter avatar for @ercwl
Erica Wall X 🏴 @ercwl
Question for the Ethereum community. If a majority of stake chooses A in this poll, will you: X) Consider the censorship an attack on Ethereum and burn their stake via social consensus Y) Tolerate the censorship
Twitter avatar for @LefterisJP
Lefteris Karapetsas | Hiring for @rotkiapp @LefterisJP
Question for @LidoFinance, @coinbase, @krakenfx, @stakedus, @BitcoinSuisseAG If regulators ask you to censor at the #ethereum protocol level with your validators will you: A) Comply and censor at protocol level B) Shut down the staking service and preserve network integrity https://t.co/UYVR2L6tB1
7:48 PM ∙ Aug 15, 2022
747Likes186Retweets
  • the U.S. Treasury acting unilaterally to destroy an open-source privacy protocol is terrifying. what happens when they go after Ethereum? these questions need to be asked & answered w/ integrity.

🪙 Coinbase CEO Responds

Twitter avatar for @brian_armstrong
Brian Armstrong - barmstrong.eth @brian_armstrong
@LefterisJP @LidoFinance @coinbase @krakenfx @stakedus @BitcoinSuisseAG It's a hypothetical we hopefully won't actually face. But if we did we'd go with B i think. Got to focus on the bigger picture. There may be some better option (C) or a legal challenge as well that could help reach a better outcome.
9:32 PM ∙ Aug 17, 2022
2,480Likes331Retweets
  • Note: this is not just a tweet. As Frisson mentions on the pod, this is an officer of a publicly traded company making a deeply consequential statement in a public forum.

  • tl;dr bullish Ethereum’s ability to remain credibly neutral

🦄 UniswapDAO get’s major assist from giga 🧠

Twitter avatar for @_anishagnihotri
Anish Agnihotri @_anishagnihotri
@statelayer @bantg @0xzuberg @delete_shitcoin I deployed an autonomous proposal to enable the 10% @Uniswap protocol fee switch for: - DAI-ETH-0.05% - ETH-USDT-0.3% - USDC-ETH-1% Params: feeProtocol0 == 10, feeProtocol1 == 0 Deploy: etherscan.io/tx/0x26af1444c… Autonomous Proposal:
sybil.orgSybil
4:37 AM ∙ Aug 15, 2022
481Likes81Retweets
  • Uniswap DAO has no value accrual method. DAO members have long proposed a solution but it is nearly impossible without holding a MASSIVE amount of the DAO’s goverance token, $UNI (lol DAO governance)

  • Anish did the dirty work & created an autonomous proposal to activate the community to pass the solution without the friction of creating the proposal from scratch. dope.

  • Hear Frisson break it down here

Twitter avatar for @hasufl
Hasu⚡️🤖 @hasufl
Deleted my tweets about @MakerDAO, seems I was giving CT too much credit. Maker is NOT insolvent and DAI is safe.
2:58 PM ∙ Aug 17, 2022
192Likes11Retweets
  • MakerDAO almost (not confirmed) swapped 3.5 billion $USDC for $ETH to the uproar of literally every DeFi thought leader.

  • tl;dr they did not.


🤝 bonus links

  • new Content Guild DAO pays over $5k to creators in first 10 days

  • Tally’s First Mirror Post. be one of the first collectors!

quick & easy, you know how it be. if you liked this format please feel free to share, reply directly to this email, or tweet us @tommylower, @0xfrisson, & @tallyxyz.

haters, smash that unsubscribe button with the vigor of 1000 suns.

we’ll see you next week.

godspeed,

your friendly neighborhood DAO Talk bois

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