Forum at a Glance: April 30 - May 6

Forum at a Glance!

The one stop shop for finding out what’s being discussed by governance right now.

Links reflect my view of the most noteworthy activities in the governance, risk and oracles categories right now. Disagree? Think something should be added? Leave a reply or a pm.

Three Point Summary

‘What do I need to know as an MKR Holder this week?’

  • DAI slippage is down to 0.06% on a $10,000 trade.
  • A record 4,4B DAI is currently in circulation.
  • Total volume locked in Maker is $14B

ICYMI - Announcements

  • As part of its dissolvement, Maker Foundation has transferred 84,000 MKR to Governance from the Development Fund.

Active Discussions

‘What’s going on? You think what?! You’re 100% wrong, and here’s why…’

[Discussion] MakerDAO Key Performance Indicators (KPIs) & Capital Allocation - New - @Aes starts a conversation on Key Performance Indicators and how they relate to MakerDAO.

[Informal Poll] Should we have a cooldown period before deciding how to spend the Foundation’s MKR tokens? - New - With Governance coming into possession of a large amount of MKR, @AstronautThis advocates for a cooldown period before deciding what the DAO should use it for.

Vault Compensation Plan v3 - A Vault Compensation Support DAO to assure a better MakerDAO Governance - Ongoing - The discussion around Black Thursday and potential compensation of involved parties continues.

Seeking Consensus

‘Yo, do you even signal?’

[Signal Request] - Increase the DSR - @mrabino1 is seeking consensus around raising the DSR and the preferred mechanism of doing so.

[Signal Request] Adjust KNC-A Debt Ceiling - @monet-supply is looking to reduce the Debt Ceiling to 0 for the KNC-A Vault type.

Parameter Changes Proposal - PPG-OMC-001 - 4 May 2021 - A new set of proposed parameter changes by the MakerDAO Open Market Committee is up.

Ongoing Initiatives

‘Oh my god, this is taking ages, why can’t things be simple?’

:mega: Collateral Calls - Calling all Projects! @juan sets up a signup thread for projects wishing to present on the bi-weekly collateral call. Know any potential collateral partners that want to present? Refer them here.

Collateral Status Index - Confused about the current status of the various collateral types that have been discussed recently? Check out this post to find out the status and current position of each within the onboarding process.

Weekly MIPs Updates - @Davidutro and @charlesstlouis bring the latest updates in the world of MIPs.

MakerDAO Standard Governance Processes - @LongForWisdom writes a brief overview of the currently operating governance processes in the Maker community. Confused between Signals, Declarations and MIPs? Look no further.

The Official Welcome Thread - A welcome and introductions thread. Not strictly speaking governance, but if anyone new or old wants to introduce themselves, now is your chance!

Help Wanted

‘Oh %#$?, we need a doodad, and we need it now.’

Wanted: Risk Domain Monitoring Tools - @Primoz puts out a call for additional support to produce monitoring tools for the risk team. Grants are available.

Wanted: Join the Summary Team - @Davidutro asks for anyone interested in producing call summaries get in touch. Grants available.

We could always use help reviewing MIPs in the Request for Comment phase


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