Governance at a Glance: Jan. 29 - Feb. 4, 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 2021/02/04

Three Point Summary

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

  • Demand surge continues with over 1.75B in DAI supply
  • Our Surplus Buffer continues to fill at a moderate rate, currently sitting just under 6M DAI at the time of writing
  • The DAI VWAP holds steady (currently at $1.001), despite continued volatility in ETH

ICYMI - Announcements

Active Discussions

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

Undercollateralized loans in Maker - New @Hasu makes the case for a new type of loan to be brought to Maker.

Core Units I Wished Existed - New @iammeeoh gives everyone a space to discuss Core Units they would like to see here at Maker. Check out the community ideas and leave one of your own!

Seeking Consensus

‘Yo, do you even signal?’

IAM-DC Parameters: WBTC-A, LINK-A, UNI-A, COMP-A, YFI-A, AAVE-A - Signal Ending Soon! Just one more day left to give @primoz your opinion on the Debt Ceiling Instant Access Module levels for the above collateral types. Inclusion poll slated for Monday, Feb. 8th.

[Signal Request] Adjust ETH-A DC-IAM-line (2021-04) - New! @ultraschuppi signals raising the ETH-A debt ceiling for the 4th time in 2021. You might be noticing a trend at this point.

[Signal Request] Raise DSR - Signal Continues @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 - Signal Continues @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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