Forum at a Glance: June 18 -24, 2021

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 activity 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?’

  • Revenue down, but morale is up. The recent rates change is targeting more DAI creation outside of stablecoin facilities.
  • Over 6M DAI worth of Collateral was successfully liquidated last week without any loss events for Maker.
  • While still, in an impressive range, the slippage for trading DAI has increased in the last couple weeks, with slippage trades below 30,000 DAI at or above 0.1%

ICYMI - Announcements


Active Discussions

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

A Framework for Real-World Assets - @juanjuan points to the need for a framework when evaluating and onboarding Real-World Assets to the Maker Protocol.

Some thoughts on Liquity - @LongForWisdom takes a deep dive into the Liquidity Protocol to evaluate the potential of LUSD in a PSM facility. [Insert wisdom pun here.]

Maker will thrive in the bear market… If we can keep calm and carry on - @Replenish2030 shares some reflections on Governance stability through turbulent market conditions.


Seeking Consensus

‘Yo, do you even signal?’

[Signal Request] Adjusting ttl(bid-duration) on flap-auctions - Signal Extended - Make sure to cast your vote in @ultraschuppi’s signal to decrease the auction time on surplus auctions. The signal was been extended until July 8th.

[Signal Request] Raise SF On RWA When Issuers Unilaterally Change Terms - @PaperImperium throws up his first signal, asking the community if they would like to implement an automatic rates hike when DROP agreements are changed without input from Maker.

[Signal Request] Shorten the PPG process - @alexis signals the community on shortening the time for Parameter Proposal Groups (PPGs) to have their recommendations voted on by the community.


Ongoing Initiatives

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

:mega: Collateral Calls - Calling all Projects! @juanjuan 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: Governance Contributors for GovAlpha - @LongForWisdom puts out the call for new team members! Different tracks available depending on interest and time commitment. Applicants are asked to contribute at least 8 hours a week.

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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