This Week’s Activity (November 2 - 6)
- Monday marked the beginning of November’s Governance Cycle!
- Formal Submission began on Monday, November 2, and ended on Wednesday, November 5.
Formally Submitted Proposals:
- MIP24: Emergency Voting System
- MIP25: Flash Mint Module
- MIP27: Debt Ceiling Instant Access Module
- MIP28: Operational Support Domain Definition
- MIP4c2-SP6: Calendar Exceptions
- MIP13c3-SP6: SourceCred Funding
- MIP28c7-SP1: Subproposal for Operational Support Domain Facilitator Onboarding
- The Governance Facilitator (@LongForWisdom) performed the Submission Review and determined that all of the formally submitted MIPs/Subproposals will be put forth for Inclusion Polls on Monday, November 9.
Next Week’s Activity (November 9 - 13)
- Inclusion Polls for the seven Formally Submitted proposals will be proposed on Monday, November 9, and will run until November at 4 pm UTC.
- 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.
- The Governance Facilitator (@LongForWisdom) will perform the Inclusion Poll Review during the weekly Governance and Risk Call and determine which proposals are eligible for the Monthly MIPs Governance Poll Monday (November 16).
Collateral Onboarding Updates
- The Executive Vote to officially onboard YFI and BAL to the Maker Protocol’s is scheduled for this Friday, November 6.
- PAXG and GUSD Collateral Onboarding Governance Polls both successfully passed. The Executive Vote to officially add the assets to the Maker Protocol will be scheduled within 30 days.
- The Community Greenlight Polls for November will be published on November 16 and will run until November 30.
Proposals in the Request for Comments (RFC) Stage:
- MakerDao needs Liquidity Pools.
- MakerDAO Protocol Cover using Nexus Mutual.
- FlapperDistributor: A Way to Distribute System Surplus while Minimizing Governance.
- Liquidations 2.0: Technical Summary.
- Replace the mechanism to burn $MKR with a treasury.