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# System prepended metadata

title: 'October 7 - 14, 2022'
tags: [Forum at a Glance]

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tags: Forum at a Glance
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# October 7 - 14, 2022

![](https://i.imgur.com/cRCkIto.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, @alec, and Artem Gordon* 

###### <small> [Online PDF verson - coming soon]() </small>

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## Three-Point Summary

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

**1.** This week's Governance and Risk Call was postponed after an informal poll [agreed](https://forum.makerdao.com/t/informal-poll-should-we-hold-a-governance-and-risk-call-next-week-during-devcon/18252) that too many members of the community would be at DevCon for the call to be worthwhile.
**2.** A [Signal Request](https://forum.makerdao.com/t/signal-request-offboarding-yfi/18301) asks whether YFI, which is not being utilized, should be offboarded as a collateral type to cut down on oracle expenses.
**3.** @SebVentures of the Strategic Finance Core Unit gave his [analysis](https://forum.makerdao.com/t/updating-the-short-term-bond-strategy/18302) of how Maker's short-term bond strategy could be adjusted to make up for the some of the current lack of profitability.

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## News and Announcements

> [**Informal Poll: Should we hold a Governance and Risk Call next week? (During DevCon)**](https://forum.makerdao.com/t/informal-poll-should-we-hold-a-governance-and-risk-call-next-week-during-devcon/18252)

> [**No Governance and Risk Call - 2022-10-13**](https://forum.makerdao.com/t/no-governance-and-risk-call-2022-10-13/18311)

An informal poll asked the community whether to postpone the Governance and Risk call during the week of DevCon Bogota, an event many Maker contributors are attending.

Nearly half of the 34 respondents voted not to hold the call, so this week's call was canceled.

> [**Devcon 2022 Day Uno, on Drinks w/MakerDAO Delegates**](https://forum.makerdao.com/t/devcon-2022-day-uno-on-drinks-w-makerdao-delegates/18326)

Didn't make it to DevCon this year? Fear not! This week's special DevCon Bogota episode of Drinks w/MakerDAO Delegates features a wide range of members from the community, including @Jenn, @Mamun, @prose11, @Facundo, @TheExistence, @tobalgarcia, and GovAlpha’s @hernandoagf.

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

> [**2022-10-12 Scheduled Executive Vote Delay**](https://forum.makerdao.com/t/notice-2022-10-12-scheduled-executive-vote-delay/18327)

This week's scheduled Executive Vote was delayed due to an illness on the Protocol Engineering Core Unit team.

The Executive is set to contain:

-   Multiple [Collateral Auction Parameter Changes](https://forum.makerdao.com/t/collateral-auctions-analysis-parameter-updates-september-2022/18063#auction-duration-reset-related-changes-19).
-   Changes from the most recent [MOMC recommendations](https://forum.makerdao.com/t/parameter-changes-proposal-ppg-omc-001-29-september-2022/18143)
    -   CRVV1ETHSTETH-A Stability Fee decrease.
    -   YFI-A Maximum Debt Ceiling decrease.
-   Recognized Delegate compensation for September.

> [**Monthly Core Unit Updates | September 2022**](https://forum.makerdao.com/t/monthly-core-unit-updates-september-2022/18288)

![](https://i.imgur.com/Py1iFmR.png)

Monthly Core Unit updates for September have been released!

September's round-up utilized our automated [forum scraper tool](https://docs.google.com/spreadsheets/d/1JYxbt16-pQOiWkEjrfS15xO__qpPqnKqAlp5NRPRZcM/edit#gid=883534405) in an effort to automate and improve the response time for newly posted CU updates.

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## Active Discussions

> [**Viridian cluster introduction**](https://forum.makerdao.com/t/viridian-cluster-introduction/18332https://forum.makerdao.com/t/viridian-cluster-introduction/18332)

![](https://i.imgur.com/b7daSIH.png)

This post from @Allan_Pedersen introduces the Viridian Cluster, a proposed Protector MetaDAO, pending approval of the Endgame Plan. In accordance with the rules laid out by the Endgame Plan, this MetaDAO would be fully decentralized from its creation, and governance will be completely in the hands of holders of the MetaDAO's tokens, which will be widely distributed via a farming program.

The team will initially focus on achieving two primary goals: Use tailored investment strategies that contribute toward "arresting climate change," and contribute to the integration of DeFi/CeFi/TradFi.

> [**Updating the short-term bond strategy?**](https://forum.makerdao.com/t/updating-the-short-term-bond-strategy/18302)

In this post, @SebVentures of the Strategic Finance Core Unit shared some thoughts on adjusting MakerDAO's short-term bond strategy to increase revenues and become profitable.

His approach proposes:

* Targeting a shorter duration to avoid credit risk and scale more aggressively
* Prioritizing deploying generic investment platforms like MIP65

---
## Seeking Consensus

‘Yo, do you even signal?’

> [**Offboarding YFI**](https://forum.makerdao.com/t/signal-request-offboarding-yfi/18301)

While it generated more than 70 million DAI at its peak, YFI utilization dropped heavily in May, reaching zero utilization in August. Given this state of affairs, the funds being spent on running the oracles required to maintain YFI as a collateral type are being wasted. This Signal Request asks voters whether YFI should be offboarded to cut down on expenses.

This Signal Request will run until October 21st at 10pm UTC.

> [**MIP65 Asset Reallocation**](https://forum.makerdao.com/t/signal-request-mip65-asset-reallocation/18295)

This Signal Request proposes the following allocation of the DAI 500M reserved under MIP65:

![](https://i.imgur.com/DJ5dBen.png)

This allocation is aimed at addressing two primary considerations: corporate bond performance under a recession and general market volatility.

This Signal Request will run until October 22nd at 12am UTC.

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## Ongoing Initiatives

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

[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

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

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