--- tags: Snippets --- # G&R #147 Snippet Domain team updates, Collateral Onboarding, active discussions, and more. All the updates from MakerDAO Governance and Risk Call #147 in this `snippet` ## Team Updates ### GovAlpha - [GovAlpha Weekly Update](https://forum.makerdao.com/t/govalpha-weekly-update-2021-06-24/8944) - 2 Weekly Polls passed. - Skipping this week's Friday Executive Vote. - A couple new team members being onboarded with some starter tasks. - Delegation date solidifying, reach out to GovAlpha if you are considering becoming a delegate. ### Forum - [Forum at a Glance: June 18 -24, 2021](https://forum.makerdao.com/t/forum-at-a-glance-june-18-24-2021/8943) ### Protocol Engineering - SushiJoin: ensuring correct behavior in the event of ES. - CropJoin: gas optimizations and improved manager contract implementation - D3M final round of cleanup. - 1-year expiry added to the vote delegation process. - Bug with auction demo keeper around gas, causing it to consume max block gas. We worked on a fix for that, PR being merged soon. - Kurt put together a document defining magnitude and ranges for PSM-USDC quantities? - Worked on risk scenario analysis for Oracle tail risk; it's not public yet. - DSR entity-relationship and system modeling with BlockScience. - Considering pivoting to focus on collateral onboarding short-term. - Looking into concepts of permissionless versions of institutional Vaults. - Working on technical analysis around stETH. - Sam is reviewing gUNI as potential collateral. - Working on L2 risk framework, a document describing different L2 & scaling solution architectures outlining their risks. - Optimism bridge almost fully complete. We are testing it along with things like cross-chain votes. - Arbitrum is finalizing their standard bridge; we are working on creating a Dai version of the bridge. - Two new team members! Julien Martin and Talbaneth. ### Oracles - Began production rollout for the *gopher* tool. It’s a pricing tool that we use to get the prices of assets, and it serves as redundancy for an existing tool that we’ve called *sensor*. - Rolling out a tool called *spire* within the coming weeks, which adds an extra layer of redundancy similar to scuttlebutt. - Finding footing on legal structures. - Figuring out staffing, projects, and internal structure. - Reviewing oracle code for stETH deployment. ### Risk - Working on two collateral evaluations: MATIC-POLYGON and stETH, running simulations with reports published soon and available on the dashboard. - Risk Dashboard development being worked on addressing labeling for vault owners so that we will have a structure of vault users (if vaults are related, what apps they used to open the vault if they are protected with Defisaver) and so on. - We added better charts for CEX trading volume for each collateral asset; in addition to aggregated volume, now there are two more charts; aggregation by exchange and trading pairs. ### Real World Finance - Published [post mortem](https://forum.makerdao.com/t/post-mortem-new-silver-executive-summary-change/8911) the notification issue. - Begining audits of Centrifuge structure next week. - Next Centrifuge batch contains four assets. - Christian worked on solutions on the legal side involving Caymen Islands. - Three law firms are now working with us in Caymen Islands and internationally. - Began creating on-chain data [providing more information](https://duneanalytics.com/SebVentures/maker---accounting_1) with Dune Analytics. ### Growth - [Growth CU weekly update: June 18 - June 24](https://forum.makerdao.com/t/growth-cu-weekly-update-june-18-june-24/8945) - Had a conversation with Circle involving the Risk CU to access Circle's yield account. - Spoke with Syndicate Protocol to provide legal compliance through the DAO. - New [MakerGrowth](https://twitter.com/MakerGrowth) twitter account. ### Content Production - [Content Production Bi-Weekly Update: June 10 - June 24, 2021](https://forum.makerdao.com/t/content-production-bi-weekly-update-june-10-june-24-2021/8946) - New hires, including a video producer and writer. - Working through our backlog, expect a lot more content from us within the coming weeks. - Having conversations with CUs regarding the portal, issues involve Gatsby and Github. - Outlining storyboards for educational video requests. Reach out if you have any MakerDAO branding to share. - Looking for another writer, so we are still onboarding new team members. - Capybara [won](https://forum.makerdao.com/t/informal-poll-following-up-makerdao-mascot/8305) as the mascot for MakerDAO. ### Sustainable Ecosystem Scaling - Approaching the initial budget forecast, we may be posting a budget modification soon increasing our incubation and grants spend. - Project's sandbox discussion with Nikolaj tomorrow in the weekly SES update. - Speaking with different CUs to do a side-event in ETHCC.io that Growth CU is leading. - Working with the Dai Foundation on a MIP Set. - LexMaker series #2 coming soon - Call about Liquidations 2.0 coming soon - Incubation Side - dTalent is helping reach for talent. Get in touch! - Development & UX(dUX) core unit will be doing a short demo today. - NewSilver Call last Friday. Video on [YouTube](https://www.youtube.com/watch?v=lK_E--GlBwU). - Monachil Collateral Call tomorrow. - Next Wednesday will have Launch Pod Session with AmaZix Marketing Core Unit. ### MIPs - [MIPs Update #41](https://forum.makerdao.com/t/weekly-mips-update-41/8892) ![](https://i.imgur.com/TeOIeAx.png) ## Other Presentations and Updates ### Introduction to Development & UX Core Unit - Prototype for vote delegations is approved. - Join our [Discord Channel](https://discord.com/invite/k6ygK9Qq) and provide any suggestions or ideas. ### Multiple PSM Discussion - See fuller summary that will be posted by Tuesday the 29th.