---
# System prepended metadata

title: 'Weekly Relay: April 26th - May 2nd, 2022'
tags: [Weekly Relay]

---

---
tags: Weekly Relay
---

# Weekly Relay: April 26th - May 2nd, 2022

![](https://i.imgur.com/OvAmb4H.png)

_Hi everyone, thanks for checking out the Weekly Relay! Whether you hold MKR or DAI, own a vault, or want to get more involved in governance, this is your one-stop shop for MakerDAO updates._

###### The public PDF version is available [here.](https://pdfhost.io/v/0j1uVXRWj_Weekly_Relay_April_18_2022)
###### Show some love to our [Medium account](https://medium.com/@MkrGovComms) :heart: 

## ![](https://i.imgur.com/SOoXfa4.gif) Current Events

https://www.coindesk.com/tech/2022/04/20/ethereum-defi-staple-makerdao-adds-starknet-bridge-in-first-step-toward-multi-chain/

## ![](https://i.imgur.com/n5cJ8EQ.gif) This Week in Governance

### Maker Improvement Proposals (MIPs)

[Weekly MIPs Update #83]() by @blimpa



### Executive Vote(s)

[Oracle Whitelist Additions, Replacing the Curve stETH/ETH Oracle](https://vote.makerdao.com/executive/template-executive-vote-oracle-whitelist-additions-replacing-the-curve-steth-eth-oracle-april-22-2022#proposal-detail)

This executive proposal passed on April 25th and the following changes were made to the Maker Protocol:

#### Oasis.app Whitelists

As per the outcome of this [governance poll](https://vote.makerdao.com/polling/QmZykRSM#poll-detail), [Oasis.app](https://oasis.app/) was whitelisted on the following OSM Oracles:

<i>-   ETH/USD
    -   WSTETH/USD
    -   WBTC/USD
    -   RENBTC/USD
    -   YFI/USD
    -   UNI/USD
    -   LINK/USD
    -   MANA/USD</i>
    
#### Replacing the Curve stETH/ETH Oracle

Due to [technical issues](https://forum.makerdao.com/t/14th-april-emergency-executive/14642), the Curve stETH/ETH oracle was replaced and reactivated.

-   Removed permissions on the previous oracle implementation.
-   Added permissions on the new oracle implementation.
-   Replicated the whitelist for this oracle on the new implementation.

This action restored full functionality to the Curve stETH/ETH oracle and CRVV1ETHSTETH-A vaults.

### Active Governance Polls

<details><summary>There are 13 ratification polls and one poll to whitelist Oasis.app on multiple oracles:</summary><br>

| Poll Name | Discussion |
| :-------: | :--------: |
| [Add wstETH-B as a new Vault Type](https://vote.makerdao.com/polling/QmaE5doB#poll-detail) | [Discussion](https://forum.makerdao.com/t/introduction-risk-parameters-for-wstETH-C-vault/14669) |
| [Extend Strategic Happiness Core Unit (SH-001) Budget Until May Governance Cycle](https://vote.makerdao.com/polling/QmVdxBE5#poll-detail) | [Discussion](https://forum.makerdao.com/t/signal-request-extend-shcu-sh-001-budget-until-may-governance-cycle/14511) |

</details></br>

*Check out [April 18th's](https://forum.makerdao.com/t/weekly-relay-april-12-18-2022/14691) issue of Weekly Relay for more information on the most recently concluded polls.* 

### Community Greenlight Polls

There are two active community greenlight polls for the week of April 12 - April 18, 2022.

| Greenlight Poll | Current Vote Breakdown | Begin Date | End Date |
| :-------------: | :--------------------: | :--------: | :------: |
| [HVBANK (Huntingdon Valley Bank Loan Syndication Collateral)](https://vote.makerdao.com/polling/QmUVKBfr#poll-detail) | ![](https://i.imgur.com/IsN9Ht6.png) | April 18, 2022 at 16:00 UTC | May 02, 2022 at 16:00 UTC |
| [sETH2 (Stakewise Staked ETH)](https://vote.makerdao.com/polling/QmV7zcMW#vote-breakdown) | ![](https://i.imgur.com/Dw6IhY6.png) | April 18, 2022 at 16:00 UTC | May 02, 2022 at 16:00 UTC |

_Check out an "at-a-glance" view of the current Vault types and their parameters on [MakerBurn.](https://makerburn.com/#/rundown)_

### Active Signal Requests

**[Change `lid` Parameter on the Rate Limiter](https://forum.makerdao.com/t/signal-request-change-lid-parameter-on-the-rate-limiter/14688)**
    
The passing and introduction of the Rate Limiting Flapper have been successful, but it only allows to kick off a new auction if the new auction does not increase the total-DAI-currently-in-auction above a certain threshold - the `lid` unless it's at the same value as the `bump.`

Currently, the value for the lid is set to 150k Dai, which can run five flap auctions at once. However, ultraschuppi believes that there is no good reason to burn so much MKR and proposes setting the `lid` to the same value as `bump` - 30,000 Dai. Having a 1:1 'lid' to 'bump' ratio will ensure that there is only one parallel flap auction running at any given time. 
    
What's good about this is that in the case of a huge spike on the System Surplus causing spillage to the Surplus Buffer, the time spread of those resulting auctions will be 5x compared to the current setting thereby producing a more steady burn. However, in sacrifice, we will limit the maximum of MKR burnt per day from 7.2MM Dai to 1.44MM Dai.

**Vote will run until May 13, 2022.**
    
<details><summary>Here are the current voting results:</summary></br>
    
![](https://i.imgur.com/UoKwmrP.png)

</details></br>

**[Onboard D3M for TrueFi](https://forum.makerdao.com/t/signal-request-onboard-d3m-for-truefi/14563)**

TrueFi is signaling to onboard a D3M for a newly created TrueFi 3-month-maturity DAI lending portfolio with an initial debt ceiling of 50-100 million DAI. @RyanRodenbaugh, a member of TrueFi, states that this onboarding is in line with MakerDAO’s ‘[Aggressive Growth Strategy.](https://forum.makerdao.com/t/aggressive-growth-strategy/13958)’

Pros:

- Non-Crypto Lending Opportunities
- Customized Loan Opportunities
- Future Collaborations

Cons:

- Smart contract risk
- Multisig Risk
- Illiquidity Risk
- Compliance Risk

**Vote will run until April 25, 2022.**

<details><summary>Here are the current voting results:</summary></br>

![](https://i.imgur.com/xDM6RVj.png)

</details></br>

## ![](https://i.imgur.com/1oKV3OY.gif) Community Deep Dai-ve

### Tweet(s) of the Week 



### Forum Insight

https://forum.makerdao.com/t/launch-of-the-new-collateral-status-index-csi/14723

## ![](https://i.imgur.com/o0Aua9j.gif) Meetings and Events

### Last Week's Call Recordings



### Upcoming Calls

- Focus On #11: AMA with New Silver
    - [Forum](https://www.google.com/url?q=https://forum.makerdao.com/t/focus-on-11-navigating-real-estate-investment-markets-with-new-silver/14646&sa=D&source=calendar&usd=2&usg=AOvVaw3rSetBaLsBsCtKtoN9japk) | [Join Link](https://www.crowdcast.io/c/focus-on-11)

#### Governance & Risk

- [Join Link](https://zoom.us/j/697074715) | [Agenda](https://forum.makerdao.com/c/governance/gnr/8) - Thursdays at 17:00 UTC 

#### Core Unit Office Hours

- [Join Link](https://us02web.zoom.us/j/82603350722?pwd=RThleVo5QlBRT1FuOWxiRCs3K0k2Zz09) | GovAlpha Governance Q&As - Mondays 17:00 UTC
- [Join Link](meet.google.com/frj-vpji-huc) | Immunefi Security - Tuesdays 00:00 UTC
- [Join Link](https://www.google.com/url?q=https://meet.google.com/bjm-qiup-hif&sa=D&source=calendar&ust=1620493080631000&usg=AOvVaw056SKuyQn3F67FAtJTPIbl) | Protocol Engineering - Tuesdays 15:00 UTC
- [Join Link](https://us02web.zoom.us/j/85252786103?pwd=bEZaZXdEcGlSWWd5bmpxMDBvVjdEUT09) | Sustainable Ecosystem Scaling - Tuesdays 15:30 UTC
- [Join Link](https://meet.google.com/sap-nttu-xga) | Growth - Wednesdays 17:00 UTC
- [Join Link](https://meet.google.com/kwf-qayf-xdq) | Real World Finance - Wednesdays 17:00 UTC 
- [Join Link](https://meet.google.com/nio-jrqq-guu) | Governance Communications - Fridays 18:00 UTC

## ⚓ Useful Links

[Forum](https://forum.makerdao.com) and [Maker Chat](https://chat.makerdao.com)
Discuss and debate MakerDAO.

[Call Calender](https://calendar.google.com/calendar/u/0?cid=bWFrZXJkYW8uY29tXzNlZmhtMmdoaXBrc2VnbDAwOWt0bmlvbWRrQGdyb3VwLmNhbGVuZGFyLmdvb2dsZS5jb20) | [Votes & Event Calendar](https://calendar.google.com/calendar/embed?src=bdf4un05hpg0611lg3ieue4t3c%40group.calendar.google.com&ctz=America%2FNew_York)
Subscribe to both for all public calls, votes, and other reminders.

[Participation Tools](https://community-development.makerdao.com/en/learn/governance/participate)
Library of useful links for stakeholders: protocol analytics, DAI analytics, collateral & liquidation metrics, governance history, and auctions data.

[Governance Portal](https://makerdao.com/en/governance)
Voting dashboard for MKR voters.

[MIPs Portal](https://mips.makerdao.com/mips/list)
MIPs dashboard for everyone.

[Learning Portal](https://community-development.makerdao.com/en/learn/) and [Technical Documentation](https://docs.makerdao.com/)
Learn more about the Maker protocol.

###  🎙️ Have Feedback?

We value your input! Take our [survey](https://survey.sogosurvey.com/r/OBV0Y7) to let us know what we might be missing or how to do better.

*Disclaimer: This update is assembled by a group of contributing members in the MakerDAO community. This does not serve as financial advice or an inducement to vote in any specific way. This update is for information and communication purposes only.*

##### Credit

@Artem_Gordon
