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# System prepended metadata

title: 'Forum at a Glance | October 27 - November 2, 2022'
tags: [Forum at a Glance]

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tags: Forum at a Glance
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# Forum at a Glance | October 27 - November 2, 2022

![](https://i.imgur.com/4CpFsLN.png)

Welcome to the one-stop shop for everything discussed on the MakerDAO forum.

Summaries reflect our views of the most meaningful activities in MakerDAO. Disagree? Think something should be added? Leave a reply or send a PM.

Authors: @nothsa and Artem Gordon

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## Three-Point Summary

<small>*‘What is the most relevant information on the forums this week for MKR and Dai holders?’*</small>

**1.** StarkNet Fast Withdrawals have been [delayed](https://forum.makerdao.com/t/technical-update-for-the-2nd-november-executive/18630) to allow time for a final round of testing. Withdrawals and deposits to the StarkNet DAI bridge were also [suspended](https://forum.makerdao.com/t/starknet-bridge-upgrade-withdrawals-deposits-will-be-deactivated-for-24-48h-as-of-oct-30/18538) after Sunday's [fee mechanism upgrade](https://forum.makerdao.com/t/starknet-changes-for-2022-10-26-executive-spell/18468).

**2.** The forum recently [received](https://forum.makerdao.com/t/forum-maintenance-announcement-friday-28-october-2022-845-utc/18541) a series of upgrades, including updating to the latest software, applying security updates, and applying updates to the server.

**3.** Nadia shares her thoughts on the Endgame Plan and how MetaDAOs will scale faster than the current Maker Core in the [Halloween episode](https://www.youtube.com/watch?v=oOBae_K1AUE) of ultraschuppi and ElProgreso's Drinks With MakerDAO Delegates series.

https://youtu.be/auZLhxhytLk

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## :newspaper_roll:  Announcements & Updates

> [Technical Update on the 11/02/22 Executive](https://forum.makerdao.com/t/technical-update-for-the-2nd-november-executive/18630)

This update from the Protocol Engineering Core Unit informs the community that the StarkNet Fast Withdrawals component of this week's Executive has been delayed to allow time for final testing checks before on-chain deployment.

> [StarkNet Bridge Upgrade during 10/30/22](https://forum.makerdao.com/t/starknet-bridge-upgrade-withdrawals-deposits-will-be-deactivated-for-24-48h-as-of-oct-30/18538)

Withdrawals and deposits to the StarkNet DAI bridge were temporarily paused after the [fee mechanism upgrade](https://forum.makerdao.com/t/starknet-changes-for-2022-10-26-executive-spell/18468) on Sunday.

> [Forum Updates during 10/28/22](https://forum.makerdao.com/t/forum-maintenance-announcement-friday-28-october-2022-845-utc/18541)

The forum underwent scheduled maintenance last Friday to:

-   Rebuild the forum app
-   Upgrade the forum to the latest version
-   Apply security fixes
-   Apply updates to the server

Live updates for scheduled maintenance are available on the [MakerDAO status page](https://makerdao.statuspage.io/) or the [#general channel](https://discord.com/channels/893112320329396265/899667556418351194) on Discord.

> [October's Monthly Core Unit Updates](https://forum.makerdao.com/t/monthly-core-unit-updates-october-2022/18650)

In October's Monthly Core Unit Updates, we present all updates posted by Core Units and RWAs. We will update this post weekly to keep you informed of all Core Unit activity during October. Additionally, we provide a new search tool called the [forum scraper](https://docs.google.com/spreadsheets/d/1JYxbt16-pQOiWkEjrfS15xO__qpPqnKqAlp5NRPRZcM/edit#gid=883534405) enabling users to locate archived or date-specific updates for each Core Unit quickly.

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## :speech_balloon: Active Discussions

> [Lessons for Maker from the Collapse of HUSD](https://forum.makerdao.com/t/fall-of-husd-lessons-for-maker/18589)

In the wake of HUSD [losing its peg](https://www.coindesk.com/business/2022/10/31/after-huobi-delisting-stablecoin-husd-falls-72-from-dollar-peg/) after Huobi announced it would be delisting the stablecoin, Recognized Delegate @Doo_StableNode shared some takeaways for the MakerDAO community.

1. Not all centralized stablecoins are the same

Some assert that all centralized stablecoins operate similarly, especially those using Paxos for custody. In the case of HUSD, there was a lack of transparency and communication: While Paxos initially supported the stablecoin, it was later revealed that the US dollars backing the coin were actually stored in Huobi Trust.

2. Risky stablecoin management has consequences

Stories abound of HUSD aggressively seeking increased market share by selling the coin at favorable rates. After many Asian partners went bankrupt or shut down under similar circumstances to the Celsius situation in the West, some of this investment may have "turned sour" as redemption requests ramped up, resulting in an undercollateralized HUSD.

In conclusion, Doo believes that it's good to utilize our own stablecoin collateral; however, we should be cautious in how we manage these stablecoins, or else we may also face liquidity trouble.

> [Drinks w/ Delegates: Endgame MetaDAO Scaling ft. Nadia](https://forum.makerdao.com/t/how-the-endgame-metadaos-will-scale-faster-with-nadia-of-the-makerdao-growth-core-unit-drinks-with-makerdao-delegates/18537)

In this Halloween episode of Drinks With MakerDAO Delegates, our fearless hosts @ultraschuppi (as 'Big Red' the Champion Racehorse) and @ElProgreso (as Ozzy Osbourne) were joined by @Nadia as Scarlett Johansson to discuss:

* The adoption of the Endgame Plan
* How Core Unit team members should be thinking about Clustering or becoming Ecosystem Actors
* How institutions are struggling to achieve capital efficiency within DeFi
* How MetaDAOs will scale faster than the current Maker Core
* How MKR token owners should be thinking about the Endgame

https://www.youtube.com/watch?v=oOBae_K1AUE

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## :building_construction: Ongoing Initiatives

<small>‘Oh my god, this is taking ages; why can’t things be simple?’</small>

[Maker Operational Manual](https://manual.makerdao.com/) - GovAlpha Core Unit releases the launch of the Maker Operational Manual and invites all members and Core Units to reach out if they wish to provide any help or documentation to add to the Manual.

[Recognized Delegate Requirements](https://forum.makerdao.com/t/recognised-delegate-requirements/9421) - LongForWisdom writes a detailed overview of the current requirements and application system to become a delegate in the Maker community. Check out this [thread](https://forum.makerdao.com/search?expanded=true&q=%40LongForWisdom%20%23governance%3Adelegates) for more posts related to delegation.

[Where to Find Opportunities at MakerDAO](https://forum.makerdao.com/t/where-to-find-opportunities-at-makerdao/10076) and [Open positions at MakerDAO](https://forum.makerdao.com/t/open-positions-at-makerdao/12197) - Looking for job opportunities at MakerDAO? Perfect! Davidutro and manomad set up individual threads containing resources to help find available job listings and hiring practices. *Please comment on the thread if anybody has additional information on unique hiring practices or job listings.*

[Collateral Calls - Calling all Projects!](https://forum.makerdao.com/t/collateral-calls-calling-all-projects/3715) - Juan sets up a signup thread for projects wishing to present on the bi-weekly collateral call. Know any potential collateral partners that want to present? Refer to them here.

[Collateral Status Index](https://docs.google.com/spreadsheets/d/1PDf_CzhGa7mLuOUfX6Bz3WrnCjDRhIjmu-vDZMMw4Qc/edit#gid=1077340672) - Confused about the current status of the various collateral types discussed recently? Check out this sheet to determine the status and current position within the onboarding process.

[Weekly MIPs Updates](https://forum.makerdao.com/tag/mips-update) - blimpa brings the latest updates in MIPs.

[The Official Welcome Thread](https://forum.makerdao.com/t/the-official-welcome-thread/771/4) - A thread for welcomes and introductions. Not strictly governance, but if anyone new or old wants to introduce themselves, now is your chance!

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## 🆘 Help Wanted

<small>‘Oh %#\$?, we need a doodad, and we need it now.’</small>

We could always use help reviewing [MIPs in the Request for Comment phase](https://forum.makerdao.com/tag/rfc).

The Governance Communications Core Unit is [looking for an experienced researcher](https://forum.makerdao.com/t/wanted-researcher/18561). Please get in touch with @artem_gordon or @davidutro if you're interested!