Forum at a Glance: September 24th - 30th

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’s the most relevant information on the forums this week for MKR and Dai holders?’

ICYMI - Announcements

@Derek from Protocol Engineering Core Unit provides technical details about September 24th’s Executive Vote Layer 2 Test Actions. A summary of this info is also found on the Executive copy.

@nystateofmlnd1 posts an update on Harbor. They welcome their new Head of Portfolio Management and provide a Harbor Pool review.

@layerzero from Sustainable Ecosystem Scaling Core Unit introduces SES Legal used for legal and regulatory topics and initiatives. He also announces their Self Insurance Fund, which will cover legal costs, economic damages to third parties and can be used as a legal reserve for obtaining a legal opinion or advice. Much more information can be found in the post.

@josolnik from Risk Core Unit follows up on the previous three vault behavior analyses and presents a methodology for assessing vault level risk. Their next step is to integrate the insights from this analysis into their quantitative models to keep improving the proposal process of Maker risk parameters.

The plan for legal entities acting as a conduit for real-world investments for MakerDAO was to diversify the jurisdiction risk. Therefore, @SebVentures from Real World Finance Core Unit announced that the NebulaCapital vault may accelerate their schedule to a new country, Jersey. The Jersey Foundation could be used for European RWA investments.

Evaluations and Audits

@Primoz from Risk Core Unit published a collateral onboarding risk evaluation for Nexo Institutional Vault. It includes a summary of proposed risk parameters, Nexo Summary, Metrics and Analysis, and Risk Parameters.

:wave:Looking for more posts and updates?
Check out the weekly updates and summaries from our teams and Core Units.

Active Discussions

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

Biden admin looking to regulate stable coins? - @Eumenes from Real World Finance Core Unit discusses a post from the Wall Street Journal about government concerns for a potential stablecoin liquidity crisis.

Create a FEI PSM - First-time poster, @bpm6867 from Fei Protocol initiates a community discussion on creating a FEI PSM to further diversify DAI collateral with the addition of a decentralized USD stablecoin.

Maker and negotiations - @Planet_X points out weaknesses in Maker’s current negotiation methods. He proposes a sequence of solutions by splitting up incoming proposals to help prevent binary offerings and automate the function of negotiation, leaving it up to the MKR holders on how badly they want the deal.

[Discussion] Can (and should) Maker require acceptance of TOS on-chain prior to interaction? - @PaperImperium inquires whether Maker can and should require an affirmative acceptance of a Terms of Service or End User License Agreement on-chain for a wallet the first time it interacts with the protocol. If so, do we want to pioneer this kind of permissioned permissionlessness?

Seeking Consensus

‘Yo, do you even signal?’

[Signal Request] PaperImperium Supplemental Compensation - In response to the proposed delegate compensation, @PaperImperium is signal requesting a one-time lump sum of 50,000 DAI outside of any delegate compensation that may or may not be forthcoming in the future when both @PaperImperium and the community feel that he has delivered value to the DAO.

Ongoing Initiatives

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

Recognised Delegate Requirements - @LongForWisdom writes a detailed overview of the current requirements and application system to become a delegate in the Maker community. Check out this thread for more posts related to delegation.

Where to Find Opportunities at MakerDAO - Looking for job opportunities at MakerDAO? Perfect! @Davidutro set up a thread containing resources to help find available job listing and hiring practices. If anybody has additional information on unique hiring practices or job listings, please comment on the thread.

: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 - @blimpa brings the latest updates in the world of MIPs.

The Official Welcome Thread - A welcome and introductions thread. Not strictly 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 are available depending on interest and time commitment.

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

We are looking for recruits and wonderful people to join MakerDAO! Check out MakerDAO.recruitee and LinkedIn if you are interested.


The visual version is now available on the MakerDAO Youtube channel for review:

This topic was automatically closed 14 days after the last reply. New replies are no longer allowed.