---
# System prepended metadata

title: 'G&R #129 Snippet'
tags: [Snippets]

---

---
tags: Snippets
---

# G&R #129 Snippet

Domain team updates, Collateral Onboarding, active discussions and more. All the updates from MakerDAO Governance and Risk Call #129 in this `snippet` 

[Governance at a Glance: February 12 - 18, 2021](https://forum.makerdao.com/t/governance-at-a-glance-feb-12-18-2021/6644).

## Team Updates

### Smart Contracts

- Collateral assessments published for [UNI-V2-AAVE-ETH](https://forum.makerdao.com/t/uni-v2-aave-eth-erc20-token-smart-contract-technical-assessment/6510), [UNI-V2-DAI-USDT](https://forum.makerdao.com/t/uni-v2-dai-usdt-erc20-token-smart-contract-technical-assessment/6624).
- [MIP21](https://forum.makerdao.com/t/mip21-real-world-assets-off-chain-asset-backed-lender/3917) plans to Kovan coming soon, @hexonaut found some critical bugs.
- Liquidations 2.0 small changes in RCF and coming close to lock up before formal submission.
- Upcoming executive will feature changes to the stablecoin circuit breakers for liquidations in light of the new UNI LP stablecoin pairs. 
- Get general updates in the [Collateral Onboarding](https://chat.makerdao.com/channel/collateral-onboarding-updates-ext) RocketChat channel.
- An ongoing discussion around Smart Contracts staffing and transition, we have to allocate at least 6 months to get an engineer entirely up to speed on the Maker system.

### Oracle

- Deploying AAVE-ETH and WBTC oracles later today.
- Starkware Oracles going live tomorrow, first time oracles are on L2.
- [The Scuttlebutt Network faced an outage last November](https://forum.makerdao.com/t/11-25-20-oracle-outage-post-mortem/5547), the team is looking into increasing the maximum size of the network so they don't have to keep re-deploying every few weeks.
- Core Unit Oracle proposal in development.

### Risk

- Working on how to define parameters for Liquidations 2.0, there could be 9 parameters that could be applied to each vault.
- Publishing risk assessments of UNI LP pairs.
- Looking into paramaters that would be necessary for a [WBTC vault with a lower Liquidation Ratio](https://forum.makerdao.com/t/mip13c3-sp9-onboarding-a-new-collateral-type-backed-by-b-protocol-declaration-of-intent/5920).

### Real World Finance

- [Real-World Assets documentation](https://forum.makerdao.com/t/real-world-assets-documentation/6611).
- [RWA assessment sections - poll results](https://forum.makerdao.com/t/rwa-assessment-sections-poll-results/6641).

### Operations and Collateral Onboarding
- [Operational Support Weekly Update: Feb 13-18, 2021](https://forum.makerdao.com/t/operational-support-weekly-update-feb-13-18-2021/6648)
- [KYM#05 Term Lending Module Video Replay](https://youtu.be/TmJuRfwSExg)
- This Friday [KYM#06 Governance Rewards](https://forum.makerdao.com/t/know-your-mip-06-governance-rewards-friday-february-19th-18-00-utc/6615) is happening at 18:00 UTC.
- [Fortunafi Collateral Onboarding Call Video Replay](https://youtu.be/KInQ7nVP9pc).
- Synthetix is next for the [Collateral Onboarding Call Series](https://forum.makerdao.com/t/collateral-onboarding-call-28-synthetix-wednesday-february-24-21-00-utc/6650) - Wednesday, February 24 at 21:00 UTC. Note the time is a little later to accommodate Kain.
- Check out [Core Units Corner](https://www.crowdcast.io/e/the-makerdao-community-33) to track any proposals in process.
- Opolis will be on the [Community Call next Tuesday.](https://www.crowdcast.io/e/the-makerdao-community-33)
- One of the last days to give feedback on this months Core Units in RFC!!! 

### MIPs
- No 'Formal Submissions' this month.
- [Weekly MIPs Update #27](https://forum.makerdao.com/t/weekly-mips-update-27/6649).

## Other Presentations and Updates

- @tvanepps presented his [Signal Request, Does MakerDAO support EIP-1559](https://forum.makerdao.com/t/signal-request-does-makerdao-support-eip-1559/6646) to gauge the community's preference on EIP-1559, which would change how transactions are processed on the Ethereum Network.
- @smaugho presented the new [MIPs Portal](https://mips.makerdao.com/mips/list), which will allow users to explore all the MIPs on a user-friendly interface.

![](https://i.imgur.com/y1lY96L.png)

- @NikKunkel presented the issue of raising gas prices and the trade offs of expensive Oracle Updates. 
    - Watch the discussion here.

![](https://i.imgur.com/NJBN9gS.png)


