--- tags: Snippets --- # G&R #145 Snippet Domain team updates, Collateral Onboarding, active discussions and more. All the updates from MakerDAO Governance and Risk Call # in this `snippet` ## Team Updates ### GovAlpha - [Forum at a glance](https://forum.makerdao.com/t/forum-at-a-glance-june-4-10-2021/8684) - [June Core budgets](https://vote.makerdao.com/executive/june-core-unit-budget-distributions-other-changes?network=mainnet#proposal-detail) executed yesterday - [Polls updates](https://vote.makerdao.com/polling?network=mainnet) - Gov-alpha Multisig went live and first distribution out before Monday. - [LongForWisdom out, back on Monday](https://forum.makerdao.com/t/lfw-holiday-07-06-21-to-14-06-21/8577) - Meeting with Talent-CU to onboard more gov-alpha team members. ### Protocol Engineering - Rates Group [Changes](https://forum.makerdao.com/t/parameter-changes-proposal-ppg-omc-001-1-june-2021/8476) coming for this week's Executive. - Centrifuge assets might be pushed back a bit to consider Debt Ceiling sizes following some audits. - `DSSProxy` actions received changes to support Sushi LP tokens. - Continuing to work on Sushi Adapter, waiting on `MasterChef_2` - Tidying up `DSSVest`, the module for distributing MKR to teams. - D3M Discussions ongoing with Aave, starting to think about the difference cases around that, including Emergency Shutdown. - Vote Delegation is completed, currently passing RPC tests, with an audit completed by ABDK. - `DSS-Flash-Mint` module is getting code finalized. - [Reference Keeper Bot](https://github.com/makerdao/auction-demo-keeper) published, we intend to keep it up to date. - Admin stuff; We transferred audits and tooling agreements from the Foundation to the DAO. - We've been evaluating stETH, and implications of it. - Lots of L2 work happening, we've been talking to every L2 provider in the space about what it would look like for MakerDAO to be there. ### Oracles - Oracle Core Unit MIPs in Formal Submission for June! - Bunch of whitelisting polls for Yearn access to Oracles. - We want to move ahead with a proposal to give the Oracles Core Unit special permissions around Oracle whitelisting. - Lots of talks around staked ETH. stETH is hard to make a reliable Oracle for since there is only liquidity in the Curve pool. - Our recommendation is that UNIV2DAIUSDC CR shouldn't be set lower than 102% due to Oracle risk. - We are leaving Liquidations off on UNIV2DAIUSDC. ### Risk - We are finishing last two evaluations for SUSHI. - Next potential collateral onboardings are being discussed; we will be focused on stETH, D3M implentation, and Polygon collateral. - D3M risk evaluation will require more attention than regular collateral onboarding. - Adding new metrics to our risk dashboard. Auctions metrics coming soon! - We are deploying a simulator to simulate losses for Maker loans based on parameters picked. ### Real World Finance - [May RWF Report](https://forum.makerdao.com/t/real-world-assets-report-2021-05/8672) - No other major updates. ### Growth - [Weekly update](https://forum.makerdao.com/t/growth-cu-weekly-update-june-4-june-10/8669) - Miami many meetings. Aave Pro to understand different DAI pools. Celsius too for institutional vaults and their token. It could work with E3M implementation. - Meeting with Opera, they integrated Dai into their native wallet. - Discussion with Game Verse. - Korea Dai was listed in Bithump - Dai is the first stablecoin they list. one more i didn't catch - Luis organize Tournament with AXIE for next week. ### Sustainable Ecosystem Scaling - Project Dogfood moving ahead, this is a project that helps other Core Units get setup. - Discussing three potential future Core Units. - SES portal coming soon! - Incubation Program Updates - dTalent Core Unit is live. - DUX Core Unit on its way. ### Content - [Bi-Weekly update](https://forum.makerdao.com/t/content-production-bi-weekly-update-may-27-june-9-2021/8686) - Main focus for this week was hiring focusing on writers and video producers. - The vote for the MakerDAO Mascot was a tie between dragon and capybara. We are creating an art contest as the next step. ### MIPs - [MIPs Update #39](https://forum.makerdao.com/t/weekly-mips-update-39/8606) - 9 proposals submitted! ![Core Unit Focused submissions](https://i.imgur.com/Q5VhF9k.png) ## Other Presentations and Updates - A forum member added a Gov-Alpha [budget modification](https://forum.makerdao.com/t/mip40c3-spxx-governance-alpha-core-unit-mkr-budget-gov-001/8665/4) this is a new situation for core units. ### Topic - Executive copy will reflect the adjustment of the UNIV2DAIUSDC vault CR, reach out to the Governance team if you have any problems with the parameter adjustment.