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discussion 2024-11-02

Summary​

In the discussion, participants addressed scam tokens related to OKai's work, clarifying that only Degenai and OK are legitimate. Dave Eco highlighted an OK shoutout on Crypto Banter. The OK intern proposed a DAO decision to lock liquidity with DAO funds, suggesting migration from daos.fun to Raydium for centralization. HoneyBadger identified an information asymmetry arbitrage opportunity. Jin mentioned running out of Claude credits and requested more. Lw inquired about Shaw's association with OK, leading to a welcome message directed at them by the OK intern. Linus asked for CA tokens but was informed that $NUTZ is unrelated to OK despite its presence on Dex.

FAQ​

  • What is the Dao fund coin for degenAI?

  • 0xFanz: The actual Dao fund coin for degenAI is OK. There are many scam tokens named after his work, but only OK and degenai are legitimate.

  • Can we decide as a DAO to lock liquidity with DAO funds?

    • Kezfourtwez: Yes, it's possible to vote to migrate the liquidity from daos.fun to raydium and then lock it. However, currently, it is already locked on daos.fun but dispersed across multiple pools.

  • Is there an arbitrage opportunity due to information asymmetry?

    • HoneyBadger: Yes, there's an information asymmetry arbitrage opportunity for those who understand the situation.

  • Who is Shaw in relation to OK?

    • Lw: Shaw is a mate of OK. This was confirmed by Blazed Bison and others in the chat.

Who Helped Who​

  • Dave | Eco helped the community by giving a shoutout to OK on Crypto Banter, providing visibility for the organization.
  • Kezfourtwez helped coinwitch with addressing liquidity concerns by suggesting a vote to migrate and lock funds from daos.fun to raydium, although noting that it was already locked in daos.fun.
  • Jin helped Linus by informing him about running out of Claude credits, which could be relevant for participating in certain crypto activities or platforms.

Action Items​


## Technical Tasks

- Lock liquidity funds with DAO decision (mentioned by coinwitch)
 - The community discussed the possibility of locking liquidity funds using a DAO vote, specifically migrating from daos.fun to raydium and then securing it there.

## Documentation Needs

- No specific documentation needs were mentioned in this conversation.

## Feature Requests

- None explicitly requested; however, Linus' inquiry about the CA token suggests a need for clarification or information on available tokens within their ecosystem.

## Community Tasks

- Welcome new member Lw (led by coinwitch)
 - The OK intern welcomed Lw to the community, indicating an active and inclusive approach to community management.