The key objective of the Sustainable Ecosystem Scaling Core Unit (SES) is to ensure the sustainability of MakerDAO and the Maker Protocol while we scale the ecosystem, avoiding critical failure of the project.
Therefore SES is putting together a registry of risks and opportunities for MakerDAO. This registry will be a tool that helps identify and prioritize projects that MakerDAO could work on.
Fig 1: Relationship between Risks, Opportunities and Projects
Identifying the risks (operational, technical, legal, …) that MakerDAO faces is important to ensure the robustness of the project as it scales. It can help the community to sufficiently mitigate or avoid issues before they materialize. We will rank and prioritize risks by scoring them based on their severity and likelihood.
An example of a risk could be “USDC blacklists the Maker Protocol, leading to a loss of collateral in the system”.
Identifying and listing the opportunities of MakerDAO is important to ensure the continued growth and upscaling of the project. We will rank and prioritize opportunities based on their potential growth impact and likelihood of success. This will help guide MakerDAO in prioritizing which opportunities it should pursue.
An example opportunity could be “Increase Dai adoption in Europe through a Euro-pegged stablecoin”.
A project is a body of work that either addresses identified risks, pursues high impact opportunities, or a combination of both. Identified risks and opportunities therefore feed into potential projects for MakerDAO, and they help determine the priority of the project. Projects can vary in size from a single task, to a project spanning months, or even enough work for a permanent core unit.
In order to get a full picture of the risk and opportunities we recognize the need for broad input from the community.
Therefore, as a starting point, we are reaching out here on the forums to gather initial input from all of you to crowdsource entries to the initial registry of risks and opportunities.
Our request to you:
- List the top risks that are currently on your mind (for example top 3)
- List the top opportunities that are currently on your mind (for example top 3)
If you have any projects in mind that would mitigate those risks, or act on those opportunities, feel free to add those as well.
We will then take the suggestions from this thread, combine them with our own list, and publish the risks, opportunities and potential projects with a lot more information. This will then also clarify the scoring, how the list will be maintained going forward, and how we will continue to collect feedback in the future.
Thanks in advance for your input