Austin Castellaw

-Zach trying to design systems where people are compensated based on their value to the DAO and can meet their needs. One way paying people say a base salary and then rewarding people in native tokens for work above and beyond. Chase agrees with this kind of model. 

-People are much happier with the transparency of the give tokens. Coordinape does not solve the problem of social signaling as the most veteran visible members often receive the most recognition.

Revenge Votes are mostly happening in small DAOs in which members usually allocate to all members. If someone gives you an amount that you don’t find acceptable, you will also allocate a small amount to this member.

Each node has to verify the validity of every computation the users send to the network on blockchains. One of the major bottlenecks of blockchains' scalability is how to increase computational bandwidth without increasing the verification cost, which is ultimately the decentralization guarantee of a blockchain. The higher the verification cost,... See more

Algorithmic — The value and supply of algorithmic stablecoins are controlled by code. If the demand for the coin starts to increase rapidly, the protocol automatically creates more coins to bring the price down. If the value drops too low, some of the supply is burned to bring the price back up.

So, currently it’s a W2 but I’m probably going to change it to a 1099 because I’m figuring out exactly what the best legal structure is based on how I actually like work, and we’re still figuring out where I fit within Orca because again, it’s like one of those things where I’m a researcher but I’m engaging a lot with their DAO and I think that... See more

1. How the community can participate towards meaningful objectives for the network (give tokens for work to be done)