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# System prepended metadata

title: 'G&R #145 Snippet'
tags: [Snippets]

---

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tags: Snippets
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# 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. 
