This Week at the DIF — Introducing Our Github Account
INVESTMENT Meeting
In attendance: Mike, Hytham, Demelza, Spencer, Jan
Absent: Amanda
We’re in final stage of executing first reserves re-balance. The directors are finishing their due diligence process on our trade partner. We’re also pleased to have set up a order-making process that will serve the DIF’s needs. Chair Mike Lewis summarizes:
“[It’s a] mechanism whereby [investment consultant] Demelza can be given pre-arranged access to the account to set orders. [The directors] will handle deposits and withdrawals.”
Also, the DIF’s new and amended multi-month proposal, for the continuing 500 Dash, will be made by the end of this week.
ADMINISTRATIVE Meeting
In attendance: Mike, Hytham, Spencer, Jan
Absent: Amanda, Cole
The DIF has begun a Github account. Chair Lewis says:
“The new DIF github will… solve a lot of problems in terms of tracking and auditing decision-making and consensus formation.”
The purpose of the account goes beyond just assisting us with internal operations. We hope it will also assist the network in making good decisions both for annual supervisor elections, as well as continuing DIF funding proposals. Chair Lewis continues:
“We hope it will solve the paradox of us all being personally elected officials, who should be judged on our own performance, yet the only thing the network sees is the results of the DIF as a whole… Also — if we’re going to ask for total autonomy [on investment decision-making], then Github is the tool we will use to provide transparency and accountability in return.”
Finally, the DIF’s Q12020 Quarterly Report is scheduled for Tuesday April 21st at 4:45pm UTC. As before, it will air live on the DIF’s YouTube channel, and questions will be solicited on Monday the 13th on r/dashpay, as well as taken live.
