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tags: Snippets
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# G&R #124 Snippet

Domain team updates, Collateral Onboarding, active discussions and more. All the updates from MakerDAO Governance and Risk Call #124 in this snippet.

Welcome @prose11 and @Elihu to Governance! Check out [Governance at a Glance](https://forum.makerdao.com/t/governance-at-a-glance-2021-01-14/6048) for some of their initial contributions. @David and @Charles leading MIPs work, Charles has left the foundation but will continue on as the MIP editor. 😭

## Team Updates

### Smart Contracts

- Busy with Liquidations 2.0 as it's the top priority right now.
- PWC is auditing the Liquidations 2.0 code work first, then Quantstamp will take a look.
- Working on MIP 21 which is close to being done, and MIP 22 is next
- RWA adapter with 2 different approaches, if we want to scale we'll need to standardize them going forward.
- Community executive (community writes it's own spell) is set for January 22nd.

### Oracles

- Two proposals passed this week, whitelisting [Gnosis](https://vote.makerdao.com/polling/QmNwTMcB#poll-detail) and [Set Protocol](https://vote.makerdao.com/polling/QmTctW6i#poll-detail) on multiple oracles.
- dYdX has 17 proposals in the pipeline, we expect to have deployment in testing by end of week. Slight challenge is baking layer-2 in.
- We have leads for auditing firms for UNI LP oracle, will be meeting with them to discuss scope for start date beginning of February.
- [Signal request to raise UNIV2DAIETH-A Debt Ceiling](https://forum.makerdao.com/t/signal-requst-adjust-univ2daieth-a-debt-ceiling/5814/30), community signaled for 12M raise but Primoz and Nik recommend onboarding UNIV2USDCETH-A and UNIV2WBTCETH-A with 3M debt first to set us up for success.

### Risk

- Many [signal requests](https://forum.makerdao.com/c/governance/signal-requests/25) are live right now, Debt Ceiling changes and FLAP auctions adjustment. We still need a majority on [increasing Dust parameters](https://forum.makerdao.com/t/signal-request-increasing-dust-parameter/5963), signal your support!
- Budget proposal and roadmap for Risk Domain is coming to the forum soon.

### Operations and Community Development

- We now have Maker Relay in audio form. [Listen here!](https://anchor.fm/voicesofmkr/episodes/Voices-of-MKR-Relay-Ep--27-eosi86) or search voices of MKR on spotify.
- There were 13 community Meet-Ups in December.
- MakerDAO is growing at a rapid pace! Focusing on contributor onboarding and lots of work behind the scenes.
- Speaking with many people interested in assisting the legal team and security auditing.

### Collateral Onboarding

- MIP portal MVP coming soon to help navigate the MIP process.
- xDAI collateral onboarding call, [replay is already up.](https://www.youtube.com/watch?v=C1dbId69vJo&t)
- @Juanjuan is working with @prose11 to get a MIPs Tracking Document up and running for community use.
- Coming up in the Community Collateral Calls: [Harbor Trade Credit (RWA)](https://harbortradecredit.com/) on January 20, and [Lindo](https://lido.fi/) the following week on January 27.
- Check out [Collateral Status Index](https://forum.makerdao.com/t/collateral-status-index/2231) for more collateral news and updates.

### MIPs

- All inclusion polls passed, except for [Maker Protocol Cover with Nexus Mutual](https://vote.makerdao.com/polling/Qmb4deN8?network=mainnet#poll-detail).
- LFW confirmed that all polls that passed will continue to the MIPs bundle poll next week.
- Greenlight Polls will go live on Monday for WFIL, P1-DROP, STAKE, stETH, UNI-V2-DAI-USDC, UNI-V2-DAI-USDT.
- New proposal in RFC, [MIP34: Keg Streaming Payments Module](https://forum.makerdao.com/t/mip34-keg-streaming-payments-module/6013)