Governance at a Glance: Jan. 22-28, 2021

Governance 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. Updated 2021/01/28

Three Point Summary

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

  • Total DAI supply hits another ATH above 1.6B
  • Debt Ceilings have been raised and the revenues have followed! DAI growth per second up to 1.30
  • The DAI VWAP holds steady (currently at $1.001), despite some serious volatility in ETH

ICYMI - Announcements

Active Discussions

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

IAM DC ETH-A Parameters - New @Primoz details the Risk Team’s assessment of increasing ETH exposure to the platform and what steps might be taken to mitigate the risks.

Crash “in slow motion” scenario analysis - New @SebVentures expands on last week’s presentation on VaR, showcasing a different platform risk posed by the Box parameter.

Seeking Consensus

‘Yo, do you even signal?’

[Signal Request] Adjust ETH-A Debt Ceiling - New! @ultraschuppi signals another increase to the ETH-A debt ceiling as vault users continue to utilize the collateral.

[Signal Request] Raise DSR - New! @ultraschuppi signals for varying levels of increase to the Dai Savings Rate which has been at 0% since September.

[Signal Request] Adjust the Surplus Buffer - New! @ultraschuppi signals the raising of the Surplus Buffer, with options to continue MKR buyback and burn operations during the raise.

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: 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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