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tags: Snippets
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# G&R #115 Snippet

Welcome back to `snippets`, an experiment we're running to help improve governance communication. We're posting a high-level overview of the Governance and Risk call ahead of the high fidelity call summary very week.

## Team Updates

### Smart Contracts

- The smart contracts team reviewed [MIP 22: Centrifuge Direct Liquidation Module](https://forum.makerdao.com/t/mip22-centrifuge-direct-liquidation-module/3930/8).
- Last week the team worked on the ETH-B executive.
- YFI onto kovan this/next week, YFI and BAL going into executive next week.
- Began discussions with auditors for Liquidations 2.0.

### Oracles

- Oracle polls for whitelisting B.Protocol (MIP10c9-SP12 and MIP10c9-SP13) passed and will be in executive upcoming week.

### Risk

- [GUSD](https://forum.makerdao.com/t/gusd-collateral-onbording-risk-evaluation/4791) and [PAXG](https://forum.makerdao.com/t/paxg-collateral-onboarding-risk-evaluation/4833) risk assessments published on the forum.
- The rate setting working group [shared the framework](https://forum.makerdao.com/t/rate-setting-framework/4809) they're using to approach rate setting.
- Check out the [[Signal Request] Stablecoin Action Plan](https://forum.makerdao.com/t/signal-request-stablecoin-action-plan/4808)

### Operations and Community Development

- [DAI-rectory initiative](https://github.com/makerdao/community/issues/895) in the works to bring awareness to merchants accepting DAI.
- [LATAM action group](https://github.com/makerdao/community/issues/670) formed an ambassador group to bring awareness in Latin America.
- Proof of attendance NFTs (POAPs) for community member participation in the works.
- Onboarded another Grantee - Valente POS, a point of sales system that makes it easy for merchants to generate tax compliant invoices (particularly AFIP (Argentine IRS))

### Collateral Onboarding

- [Collateral Onboarding Framework](https://forum.makerdao.com/t/collateral-onboarding-framework-a-model/4838) is live on the forum!
- Previous call with STATIS and Crypto.com [call replay](https://www.youtube.com/watch?v=AGU7_bGKeAQ) and [notes are up in the forum](https://forum.makerdao.com/t/agenda-discussion-collateral-onboarding-call-12-wednesday-october-21-17-00-utc/4745/2).
- Next week join us October 28 for a discussion with [ConsolFreight at 17 UTC](https://forum.makerdao.com/t/agenda-discussion-collateral-onboarding-call-13-wednesday-october-28-17-00-utc/4839) and [Curve Finance at 18 UTC](https://forum.makerdao.com/t/agenda-discussion-collateral-onboarding-call-14-wednesday-october-28-18-00-utc/4840)
- Help wanted, reach out to @primoz for Risk, @nik for Oracles and @cmooney for Smart Contracts

### MIPs

- Monthly MIPs Governance Poll that included 8 proposals passed and Executive Vote will be published on Monday October 26.
- Tentative Executive Vote to add YFI and BAL to the protocol scheduled for next Friday.
- Community Greenlight polls are live for another week, go vote, it's easier now.

## Other Presentations and Updates

- @hexonaut [announced](https://forum.makerdao.com/t/official-launch-of-mkranalytics-com/4811) the launch of https://www.mkranalytics.com - a tool for viewing time series data from the Maker protocol.
- @derek presented the new [Governance Portal](https://forum.makerdao.com/t/new-voting-portal/4806) redesign and there's a [replay of the deep dive presentation](https://www.youtube.com/watch?v=0zFWRhXBxHc) from the community call.

## Peg

- DAI price fluctuating around $1.01, like the past month or so, there is lots of discussions around how comfortable everyone is with that price off peg.
- The DAI supply rises to around 930 million.
- New vaults risk stats for other collateral types on the way. You can see in that data that there is a trend for two large vaults in many other collaterals.