I'm glad to have you with the community. I recall many interesting ideas and perspectives in your posts.
As for "what's going on with Augeas" -- admittedly, not much at the moment:
- network and blockchain are stable, and with clients operating on many continents / countries
- several bugs have been identified but no showstoppers
- sigmike has offered his skills a a developer, albeit I'm not expecting pro-bono work, meaning at the moment any coding is me pro-bono (I'd consider myself a junior crypto coder)
Several active community members "did not make the cut" for the initial AES distribution, some diagnosed as having been voted for the motions that resulted in exclusion, and others were investors in B&C only, which were not scoped for the initial distribution.
The fate of B&C is in Nu's hands, and depending on where Nu goes, that may change the spheres in which Augeas executes in.
Transparency, and running Augeas as a sustainable business has resonated well. This means things like publishing addresses and financial reports. At the moment everything is $0: no revenue, no assets, no liabilities, no commitments.
Some shares have traded -- with bids/asks in the range of like $0.30 to $2.00 I think, putting the value of the network at "tens of thousands of dollars"
Many feel that the tight spread model and pegging of Nu is at a minimum not sufficiently revenue generating. An approach with wider spreads may offer some revenue but this pencils out to maybe a few $1000 per month, which does not seem to be sustainable. Combined with the fact that there is Tether, Nu, and BitUSD, is that already a crowded space.
Confusedobserver has published some notes about the "Quite Good Money" ETF, which I view thru a slightly different lens of, could -- after all the things this community has seen -- provide value in selecting cryptocurrencies that show sustainability and growthy, and could the value in the Augeas DAO be in providing novice crypto users a trusted place to store wealth and/or invest by way of a mutual fund like model.
Regrettably, Phoenix has used the Augeas moniker to speak not only of the client and blockchain, but as a label retroactively applied to why the NBT peg failed in June. The Augeas blockchain did not come online till October, and I leave to the critical reader on making one's own opinion on that.
I'm looking forward to your opinions and ideas.