Demetre Gostas
🚜

Demetre Gostas

Hours
30
Social
Day ONE
May 2, 2022

“Deploying more ideas - steady lads”
“Deploying more ideas - steady lads”

Demetre has been obsessed with holistic solutions and entrepreneurship since high school. He designed a collegiate behavioral nutritional education program that could scale nationwide. He spent his time in graduate school developing a “one-size-fits-all” smoothie system and designing an indoor light that would allow people to synthesize their daily Vitamin D in under 10 minutes.

Demetre shifted his focus to tech after noticing a societal degradation from mainstream social media platforms. He was architecting a data-sensitive memory preservation platform when blockchain caught his attention in 2017. He recognized the technology would enable true data sovereignty and felt the need to join the movement to understand the powerful capabilities.

Demetre mined Helium and co-founded an HNT validator service in early 2021. In the summer/fall of 2021 he caught the headwinds of DeFi 2.0, participating in protocol owned liquidity and isolated lending markets. He became a defi degen putting skin in the game, diving deep into studying the incentives that drive these token economies.

Demetre holds degrees in Physiology and Psychology with a Masters in Human Nutrition, all from the University of Wyoming. Demetre is an avid Blinkist reader when traveling. At home, he truly prefers to spend his entire day on the computer, with a break to refocus his thoughts in a garage gym.

War Proposals

🏇
Summer NFT Stampede
  • Grass-roots onboarding
  • Token gating tools
  • Native Harmony minter dApp to transform community engagement into user acquisition

June 2022 Deliverables

Projects

Timesheet and Reimbursements

Timesheet 2022 - Demetre Gostas

DateTaskValue AddNotesHoursPay (Hrs X 75)🧠 BrainbankWhat I’ve Been Reading 📖Attachments
May 9, 2022
Harmony Team Offsite - Meetings and Market Research
Team Bonding/MentorshipInitiative Alignment
Max cap hours
5
375
May 10, 2022
Harmony Team Offsite - Meetings and Market Research
Team Bonding/MentorshipInitiative Alignment
Max cap hours
5
375
May 11, 2022
Harmony Team Offsite - Meetings and Market Research
Team Bonding/MentorshipInitiative Alignment
Max cap hours
5
375
May 12, 2022
Harmony Team Offsite - Meetings and Market Research
Team Bonding/MentorshipInitiative Alignment
Max cap hours
5
375
May 13, 2022
Brainstorming and answering questions, mini-TGI at a Crypto Meetup @ Stanford
Community engagement/mutual education
3
0
May 14, 2022
Initial draft of joint marketing proposal with a CEX
Partnerships/Marketing
4
0
May 16, 2022
All-hands. Drafting DAO Treasury Management doc
Documentation/Info AggregationInitiative Alignment
3.5
3.5
262.5
May 16, 2022
Meeting with Brian. Draft of NFT marketplace comparisons and plan of attack for improvements.
Documentation/Info Aggregation
2
2
150
May 16, 2022
Meeting with Devin/Globey reviewing and architecting tokenomics for a current partner
Partnerships/Marketing
1
1
75
May 17, 2022
Review press release draft of CEX
Partnerships/Marketing
.25
0
May 17, 2022
Session at Palo Alto office, collaboration with team on events, 1Wallet, DAO, misc.
Team Bonding/MentorshipInitiative Alignment
3
3
225
May 17, 2022
CEX communication, researching Treasury management multi-sig solutions
Partnerships/MarketingDocumentation/Info Aggregation
1.5
1.5
112.5
May 18, 2022
CEX marketing communication, DEX aggregator advising, team on-site in Palo Alto, potential new engineer/grantee engagement, in-field networking
Team Bonding/MentorshipPartnerships/MarketingCommunity engagement/mutual educationInitiative Alignment
8
8
600
May 19, 2022
CEX communication, grant proposal review
Partnerships/MarketingAnalysis/QC
1
1
75
May 19, 2022
NEW PAY CYCLE
NEW PAY CYCLE
0
May 19, 2022
Harmony Internal Ops Discord development w/ @Mikey Benson
Initiative Alignment
4
2
150
May 20, 2022
Grant proposal deep-dive review - investigation of Moonarch on BSC
Analysis/QC
2
150
May 20, 2022
Drafting proposal to acquire users, devs and assets in Q2
Documentation/Info Aggregation
2
150
May 20, 2022
Read 3 pitch decks, a set of docs and asked detailed questions of 1 (🤫) partnership proposal and helped @Al Cheung review one existing grantee with specific feedback
Analysis/QC
1.5
112.5
May 21, 2022
Delegator management for decentralization, answering Harmony infrastructure questions for potential partner 🤫, grants DD on talk forum
Partnerships/MarketingAnalysis/QC
2.25
168.75
May 22, 2022
Aided CEX in communication with Harmony DEX
Partnerships/Marketing
0.25
18.75
May 23, 2022
All-hands sync, 1BTC yield strategy development, Dev recruit strategy
Initiative AlignmentDocumentation/Info Aggregation
3
225
May 24, 2022
Meeting with potential 1BTC partner, analysis of OpenSwap aggregator, meeting with potential CEX about launch
Partnerships/MarketingAnalysis/QC
4
300
May 26, 2022
Meeting with CEX proposing listing date, QC on aggregator
Partnerships/MarketingAnalysis/QC
1
75
May 26, 2022
Meeting Hummingbot and Jack about TVL strategies
Initiative Alignment
1
75
May 27, 2022
Meeting with Kai about Liquidity DAO synergies
Initiative Alignment
1
0
May 30, 2022
All-hands call, joint research communication with Sovyrn labs, Pipe proposal touch-ups and initial delivery to the team
Documentation/Info AggregationInitiative Alignment
2
150
May 31, 2022
On-site all-day initiatives
Team Bonding/MentorshipInitiative Alignment
6
450
June 1, 2022
On-site all-day initiatives
Team Bonding/MentorshipInitiative Alignment
6
450
June 2, 2022
On-site all-day initiatives
Team Bonding/MentorshipInitiative Alignment
6
450
June 3, 2022
NEW PAY PERIOD
NEW PAY PERIOD
0
June 3, 2022
Pipe review with Jack, Al
Analysis/QC
4
300
June 6, 2022
All-Hands, meeting with Bitkeep for promotional campaign
Partnerships/Marketing
2
150
June 6, 2022
Drafting value props and summary of Ethereum Trustless Bridge
Documentation/Info Aggregation
0
June 9, 2022
DeFi Guild meeting to align new teammates priorities and strengths
Initiative Alignment
1
75
June 9, 2022
Meeting with Liquidity DAO regarding Treasury Management options
Research/Meetings
1
75
June 9, 2022
Stablecoin Liquidity research on native DEXes for targeted support consideration
Documentation/Info Aggregation
2
150
June 10, 2022
Meeting with DeFi team about Harmony treasury management strategies - piecing initial gameplan - meeting with a validator - draft of validator bootstrap proposal
Research/MeetingsInitiative Alignment
4.5
337.5
June 10, 2022
Aggregation of Aggregators on Harmony
Documentation/Info Aggregation
2
150
June 11, 2022
Research for DeFi personas
Research/Meetings
2
150
June 12, 2022
DeFi Personas additional research and write-up
Documentation/Info Aggregation
2
150
June 13, 2022
Dive into perpetual DeFi mechanisms and state of DeFi per Stephen - research for treasury management and DeFi helath of Harmony
Research/Meetings
2
150
June 13, 2022
All-hands sync and DAO sustainability strategy with Rachel as well as payroll solutions with Devin
Initiative Alignment
1.5
112.5
June 13, 2022
Sync on Ethereum Bridge with Bruce and TG comms to seek aggregators info, follow up on 1BUSD CEX support, DeFi guild comms
Research/Meetings
3
225
June 14, 2022
MADNFT review/advising, Binance inquiry research for native BUSD support
Analysis/QCTeam Bonding/MentorshipPartnerships/Marketing
2
150
June 14, 2022
Harmony “Copy Room” native minter dApp for team and community use initial UI design and use case flesh out for NFT/DeFI guild
Prototyping/Groundwork
5
375
June 15, 2022
Initial research for artist and song-writer adoption of NFTs
Research/Meetings
3
225
June 16, 2022
Developed NFT Onboarding Playbopk
Documentation/Info Aggregation
3
225
June 16, 2022
NEW PAY PERIOD
0
June 17, 2022
Meeting with MADNFT on v2 capabilities overlap with q3 NFT initiative, q3 NFT grantee organization, market research with Nashville music agent, Copy Room technical flesh out with Eddie
Research/MeetingsPartnerships/Marketing
6
450
June 18, 2022
NFT Stampede edits, Binance communications
Partnerships/MarketingDocumentation/Info Aggregation
1
75
June 19, 2022
Interview with Nashville Creator Maven, CopyRoom MVP flesh out, NFT Onboarding Playbook edits
Research/Meetings
3
225
June 20, 2022
All-hands sync, meetings with NFT guild, NFT Stampede fleshing out
Initiative AlignmentDocumentation/Info Aggregation
4
300
June 21, 2022
NFT Fiat Buy initiative alignment,
Initiative Alignment
1
75
June 22, 2022
Office: NFT strategy and partner meetings. Landscape documentation.
Research/MeetingsDocumentation/Info Aggregation
8
600
June 23, 2022
Office: Meeting with potential auditor, AwardPool. NFT products strategy alignment.
Research/MeetingsPartnerships/MarketingInitiative Alignment
7
525
0
0

Reimbursements

NameDateAmountReceiptOccasionNotes
Flight to SFO for Offsite
May 8, 2022
289.1
MayPaloAltoTrip
Onboarding Meeting w/ Devin, Essa & Michael
May 8, 2022
67.29
MayPaloAltoTrip
Uber from SF to Treehouse - Stanford for Networking and mini-TGI at Crypto Meetup
May 13, 2022
84.51
MayPaloAltoTrip
Grocery - Per diem
May 14, 2022
68.34
MayPaloAltoTrip
Grocery - Per diem
May 17, 2022
18.08
MayPaloAltoTrip
Per diem - Constructing Internal Harmony Discord
May 19, 2022
62.45
MayPaloAltoTrip
NEW PAY CYCLE
Uber to SFO
May 20, 2022
65
MayPaloAltoTrip
Flight to SFO for June Onsite + Parking
May 30, 2022
532.19
JunePaloAltoTrip
Uber from SFO to hotel in Palo Alto
May 30, 2022
55
JunePaloAltoTrip
Sync with Bruce on Ethereum Trustless Bridge (per diem)
May 30, 2022
41.85
JunePaloAltoTrip
NEW PAY CYCLE
June 2, 2022
JunePaloAltoTrip
NEW PAY CYCLE
Uber to SFO
June 3, 2022
59.39
NEW PAY CYCLE
SJC Uber
June 21, 2022
65.97
PaloAltoTigerTeamSummer
NEW PAY PERIOD
June 23, 2022
Uber to meet with Stephen
June 21, 2022
17.78
PaloAltoTigerTeamSummer
NFT field research (2 team members)
June 21, 2022
36.63
PaloAltoTigerTeamSummer
Ubers during NFT field research (2 team members)
June 26, 2022
141
PaloAltoTigerTeamSummer
Food (per diem- 2 team members)
June 26, 2022
53.81
PaloAltoTigerTeamSummer
@Daine Gostas contributor included

Cultural Self Assessment

Cultural
Values
Read More
Self Assessment + Personal Story
Empathy
Communicative
conversation turn taking
7 - I like to meet people where they are, versus where I perceive them to be. I love to brainstorm and see where our tennis game of ideas lead us.
disconfirm own beliefs
9 - Crow is my favorite meal, as it stimulates the most accelerated growth.
self-aware & articulate
6 - This is an area I need to improve. Although in my mind I am articulating well, I am aware I am very much in a bubble and need to seek out those who ask for clarification.
Personal
share a drink
9 - I love the smell and sips and the expectations of a conversational journey that “sharing a drink” entails.
spend 10 hours daily together
9 - I greatly value the subtle camaraderie and chemistry that goes along with extended time together. I miss it when I only get 8 hours with my brother before he leaves me for his girlfriend.
nurture & mentor
8 - I try to mentor by example and nurture through thoughtful questions. Although it’s important to be cognizant of the stages of change - circumstances and timing are often gatekeepers to change.
Collaborative
make everyone shine
8 - I try to find what makes people tick early on and try to fuel their fire. I’ve had amazing practice with my brother who shines on a very specific wave-length in creative design. I’m absolutely smitten when he’s “In-the-zone” so I try to keep him there any way I can.
people over process
9 - The right people will forge though the process. I love specific tech stacks and methodologies but if you find people who see the north star as clearly as you do - you’ll forge the path no matter what wagon you take.
dare to disagree
9 - I find it easy to disagree as I can approach the subject in question from a place of vulnerability. Battling convictions often spawn brilliant compromises.
Passion
Devoted
long-time craftsmanship
8 - I’ve been crafting a specific dream for over 5 years, with every fork in the path bringing a commitment to taking the road less traveled - seeking maximum growth in this short life we live.
obsess over details
9 - Perhaps too much. I’m a perfectionist who knows nothing. I have daily agonies over what defines high yield output vs. sunk cost fallacies.
hungry & foolish
11 - I live a lonely life, as do many trying to innovate. I’m a hungry dog on a 1000 mile walk who reminisces over a past life of warmth and frolic to drift to sleep. When I wake up the crisp air beckons another step into the unknown.
Aligned
share the mission
9 - I’m glad I’ve found people who understand the mission’s destination is a place we’ll never live to see, but it is a place we yearn to build nonetheless.
optimistic about flying off a cliff
10 - Oh I’ve been off the cliff for a while.
your 50-year dream
10- My 50 year dream is to watch my wife and kids capture their dearest moments on an app I helped build that they couldn’t imagine a life without.
Authentic
consistent with own actions
9- I make sure I walk the walk - and when I lead others on to hot coals, my feet better have the deepest burns.
make tough decisions
9 - I’ve sacrificed everything deemed a traditional life for a reality I am unsure is the right timeline. I’m here nonetheless as something is telling me there is no other choice. Tough is relative term to one’s expectations and the perceived expectations of others.
admit mistakes
9 - Crow is honestly one of my favorite meals. Maximum growth occurs when a current conviction has lost its foundation.
Excellence
Technical
top 1% superstar
7 - I try to surround myself with these people, as I have many shortcomings. However, I thrive in work ethic, sacrifice and an unquenchable thirst to learn what I do not know. As long as I have my sleep, nutrition and a workout - I feel unstoppable.
effective tooling
7 - I’m quite organized. I’m an efficiency fanatic. I like making my brain indexable with technology as to try to take more steps forward than steps back. I need to get better at excel (I need to get excel - I try to force everything through LibreOffice).
relevant to our needs
8 - I believe I live in DeFi world very few people have the patience to live in. Hopefully I can be a window into this abstract world. Other than that I love chipping into everyone’s goals and challenges! My soul is a collaborative problem solver.
Potential
10x growth
8 - I wish I were smarter - like I really really wish I knew how to code. I feel like my sponge could have more pores, but every day I just try to soak and stretch and try to soak some more to get better in areas I feel I can contribute.
voracious learner
10 - I’m truly obsessed. There’s not enough words that can hit my eyeballs in a day. I open more tabs on my browser than a bartender on a Friday night. Like how do people have time to read books? Article after article on my phone obliterate my chances every time. Planes maybe? Yeah I need to read more on planes.
contrarian thinker
8 - I relish the moments where I can be contrarian. I think those moments are few and far between as I have so much groundwork to do on any subject before I can truly have contrarian insights. Often when I think I’m being contrarian, I just didn’t do enough homework.
Impact
accomplish important work
8 - I try to deliver most bang for the buck. Important is also a relative term, as it is often a delicate dance between team alignment, personal convictions and overall impact.
activity < productivity
8 - I need to improve on this - as rabbit holes of research often take me away. My best focus is after workout when I’ve gathered my thoughts and hyped after a banger playlist.
thrive in chaos
8 - I’m accustomed to thriving in the unknown; however, after years of experience I make an effort to prioritize physical well-being as I find it the best precursor to mental resiliency under fire. Although I need to work on my cardio.

What I’ve Been Reading 📖

NameTakeawayCategoryURLProjects ProgressAttachments
Velodrome: Launch (Part 1). I. Overview | by Velodrome (🚴,🚴) | May, 2022 | Medium
Built-in Bribes from the beginning, with Whitelisting and Commissaire for game theory security are excellent out-of-the-gate features. The ve (3,3) tokenmomics seem to lean toward enriching initial investors which I don’t know if it’s necessary.
veToken projects
Everything You Need to Know About Avalanche Subnets - Is It The Future?
Users stake $AVAX to create their own chain, then use a native token as gas. DFK transactions on an AVAX subnet cost about $.02 in JEWEL. Point still for Harmony being cheaper.
Other Chains
Messari reports on State of DAO Treasuries - 2021 vs 2022
DAOs must find a way to try to diversify native token treasuries into stables or other assets to protect operating capital in market downturns. 2021 treasuries got slaughtered, while 2022 treasuries fared better using bonding mechanisms, holding ETH/BTC and yield farming stabelcoins.
DAO Treasury Management
DeFi’s Invisible Revolution
The underlying financial mechanisms in traditional finance will be completely replaced by DeFi tools enabled by blockchain efficiencies. It will be very a long and painful process - but it is inevitable. We cannot forget the gravity of what we are building and must stay persistent though dark periods.
DeFi theory
Pangolin on AVAX
Pangolin is a feature-rich “UniV2” on AVAX that hopes to go cross-chain soon. Their governance token is owned predominantly by the community.
DEX
On Velodrome. Introduction | by veDAO Alt | Apr, 2022 | Medium
Similar project. Rebasing mechanism seems unnecessary. Great details on the bribing mechanisms - will be useful for our PRD.
veToken projects
On Solidly. Introduction | by veDAO Alt | Apr, 2022 | Medium
It’s critical to be mindful of where the initial tokens are emitted and which actors have voting power. A reckless airdrop can undermine the entire protocol mechanics.
veToken projects
Tokenomics on Twitter
A good ELI5 breakdown of tokenomics. Who controls the supply is everything.
Tokenomics
The Limits of Liquidity Mining. Background on Liquidity Mining | by Justin Bram | Ondo Finance
Incentivizing a pool with the same asset in the pool can be detrimental
Tokenomics
Smart contracts and DeFi on the Bitcoin network
RSK is enabling DeFi on Bitcoin. Exciting potential with our Bitcoin bridge.
Other Chains
Blockchain Bridges: Building Networks of Cryptonetworks | 1kxnetwork
There are many Bridges with different purposes. Bonded bridges seem to provide the broadest utility, while trust-less bridges carry the highest security.
Other Chains
Everything you need to know about Solidly, the latest project by Andre Cronje
Solidly took the voToken model and butchered the tokenomics by making the veTokens available to sell, no max cap supply, no fee sahring with LPs that a have a guage, as well as only sharing revenue from pools that one voted for - incentivizing malicious farming.
veToken projects
The Open Social Map | Messari
“Second, social protocols produce significant amounts of data and transactions. Every retweet, post, comment, etc., is a transaction. At a meaningful social network size (10–100 million monthly active users) would produce significant transaction amounts that far exceed current chain throughputs (Polygon currently has roughly 400,000 daily active addresses). This is by far the most significant challenge.” Cross-shard Harmony ftw.
Social
Uniswap – An illusion of decentralization?
UniSwap is in murky waters as to whether the Uni token is a security. They have more marks against them than for.
Legal
On Operational Security - 0xRusowsky
Hardware wallet, password manager, Proton mail/ aliasing
Security
State of Defi Fee Revenue in Bear
Alt-L1s struggling as their competitive advantage shrinks when ETH demand is low. Fee generation across the board down 60-90%. Ultra important to manage treasury wisely during bull runs and taper expectations during down-turns.
DeFi theory
Token Economics and Incentivized Crypto Economics Mechanism Design
Deep dive
Tokenomics
An argument for DeFi 3.0 - knower's substack
Deep liquidity and a boatload of incentives were responsible for their success, but Curve has now evolved beyond just another application status - they have become a baseplate.
DeFi theory
Thread by @thedefiedge on Thread Reader App – Thread Reader App
Design mechanics are everything
Tokenomics
Thread by @thedefiedge on Thread Reader App – Thread Reader App
Several different types of investors in different markets
DeFi theory