Weekly MIPs Update #17

Last Week’s Activity (October 5 - 9)

Monday

  • Monday marked the first week of October’s Governance Cycle.
  • The Formal Submission period ran from October 5 to October 7. The following ten proposals were formally submitted:

MIPs

Subproposals

Thursday

  • The @Gov-Facilitators performed the Submission Review to determine which of the formally submitted MIPs/Subproposals should be put forth for Inclusion Polls on Monday, October 12.
  • @LongForWisdom confirmed that eight of the formally submitted proposals would move forward to the Inclusion poll stage. The two proposals that would not go up for Inclusion Polls were the two MIP12-Subproposals for adding BAL and YFI as collateral assets. These proposals were not included because the Governance Poll to take a more flexible and transparent approach to Collateral Onboarding passed, resulting in collateral onboarding to start using the weekly cycle. Therefore, the collateral onboarding proposals did not need to go through the Monthly Governance Cycle.

This Week’s Activity (October 12 - 16)

Monday

  • The eight Inclusion Polls for the Formally Submitted proposals were proposed and will run until October 15 at noon EDT.
  • You can vote for all eight Inclusion Polls here!

Thursday

  • During the weekly Governance and Risk Call, the @Gov-Facilitators will perform the Inclusion Poll Review and determine which proposals are eligible for the Monthly MIPs Governance Poll on Monday (October 19).

Next Week’s Activity (October 19 - 23)

Monday

  • The Monthly MIPs Governance Poll will be published for the proposals that passed the Inclusion poll stage. The poll will run for three days ending on Thursday, October 22, at noon EDT.
    • As a reminder, for Inclusion Polls to successfully pass, the Yes votes for a given option in the inclusion poll must be higher than the combination of No votes plus the Default Inclusion Threshold (DIT).
      • Yes > (No + DIT) = Allows inclusion in the Monthly MIPs Governance Poll. The DIT is set to 3000 MKR.

Thursday

  • The @Gov-Facilitators will perform the Governance Poll Review as a part of the Governance and Risk meeting and confirm the poll’s outcomes in preparation for the MIPs Executive Vote’s that will go out on the final Monday (October 26) of October’s Governance Cycle.

Collateral Onboarding Updates

  • The Governance Poll to take a more Flexible and Transparent Approach to Collateral Onboarding passed today with the following results:
    • YES - 44,309.54 MKR
    • NO - 0 MKR
    • Therefore, the new weekly collateral onboarding process is now active.
  • YFI and BAL are currently going through the new weekly cycle collateral onboarding process and are both up for Governance Polls:
  • The Collateral Prioritization Framework will be made public next Monday (October 19)
    • The Collateral Prioritization Framework will be a publicly shared spreadsheet that anyone in the community can read to understand why certain collateral assets are getting prioritized.
  • October’s Collateral Onboarding Community Greenlight Polls will be published on Monday, October 19. The Polls will cover the following collateral types:

MIPs Activity

Proposals in the Request for Comments (RFC) Stage

MIPs

Subproposals

Ongoing Pre-MIP Discussions

New Proposal Ideas


/fin

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