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# System prepended metadata

title: 'G&R #122 Snippet'
tags: [Snippets]

---

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tags: Snippets
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# G&R #122 Snippet

A year in review for MakerDAO, Domain Team Updates, active discussions and planning for 2021. All the updates from MakerDAO Governance and Risk Call #122 in this `snippet` 

## Team Updates

This is the final Governance and Risk call for 2020. Governance will be on a hiatus for the next two weeks over the holidays. We'll reconvene in the new year on January 7, 2021 with a new meeting time of 17:00 UTC. 

### Smart Contracts

- Thank you to Lucas! You will be missed!! 
- DsChief v1.2 activated! Smart Contract domain team put the first executive through it and it passed.
- We'll reconvene in the next year, unfortunately that means RWA (MIP21) will get pushed to 2021.

### Oracles

- Continue to work on the UNI LP Oracle.
- Tomorrow will get first LP token in, more high liquidity pairs coming in 2021. Low debt ceiling to protect against exploits.
- Going into the next year will prioritize RWA.

### Risk

- All planned collateral evaluations are released.
- In the new year risk domain will be looking at prioritization framework to determine what to work on next.
- Started work on MIP30: CropJoin risk evaluation and assessing the situation with [TUSD.](https://forum.makerdao.com/t/tusd-is-undergoing-a-material-change-to-its-ownership-structure-is-there-a-process-for-reducing-exposure-in-the-event-of-a-material-change/5691)
- [Risk Monitoring Dashboard](https://forum.makerdao.com/t/dai-monitoring-dashboard/5690) was shared on the forum.

### Operations and Community Development

- Forum and community participation has grown a lot of this year! 
    - Amy presented [forum stats and activity](https://www.youtube.com/watch?v=1skpcjr182Y)

### Collateral Onboarding

- Wrap up for Real World Assets 2020 [replay](https://www.youtube.com/watch?v=6R3Px59h2z4)
- [A year of Collateral Calls in Review!](https://forum.makerdao.com/t/all-your-collateral-calls-are-belong-to-us-2020-recap-upcoming/5718) 


### MIPs

- [MIP31: Active Reserve Via AMM](https://forum.makerdao.com/t/mip31-active-reserve-via-amm/5639) and [MIP 32: MIP32: Peg Stability Module - Compound Mixed Exposure](https://forum.makerdao.com/t/mip32-peg-stability-module-compound-mixed-exposure/5684) Proposals in conception
- There are discussions on three MIPs and five Subpropoals in RFC phase.
- Community Greenlight polls are live for two weeks for three collateral types: DPI, WFIL, WZEC.
- This year we've onboarded 19 new collateral types! And have two more to be added by end of December. The community accepted 28 MIPs and 37 Subproposals and more are in process!


## Other Presentations and Updates

### Year in Review

- [MakerDAO Year in Review 2020](https://blog.makerdao.com/makerdaos-year-in-review-2020/)
    - Guy presented [highlights of MakerDAO](https://www.youtube.com/watch?v=1skpcjr182Y)

### PSM

- There will be a community executive vote in addition to Friday's executive, deployed in the voting portal. After the regular executive passes the community executive for the PSM will go live.
- In addition to PSM, there's also Debt Ceiling changes in that executive, going to 0. 
- Waiting on the audit and will be posting update as soon as it's in.
- It will run for two weeks over the holiday break.


## Peg

- DAI price trades with a 7-day VWAP of $1.002.
- The DAI supply shoots up to 1.134 billion alongside recent ETH growth.
