---
# System prepended metadata

title: Forum at a Glance!
tags: [Forum at a Glance]

---

---
tags: Forum at a Glance
---

# Forum at a Glance!
## August 5th - August 12th

The one-stop-shop for finding out what’s being discussed by governance right now.

*Links reflect my view of the most noteworthy activities in the governance, risk, and oracles categories right now. Disagree? Think something should be added? Leave a reply or a pm.*

## Three-Point Summary

‘What do I need to know as an MKR Holder this week?’

* There are currently 10 delegates with a total of **10,102** MKR delegated.
* Total DAI supply keeps hitting new highs, now at nearly **5,87B**.
* There is currently over **12B** DAI locked in collateralization!

----------
## ICYMI - Announcements

The [July Financial Report](https://forum.makerdao.com/t/financial-report-2021-07/9686) has been submitted by the @Real World Finance Core Unit Team. It has been another challenging month due to a month-over-month decreased demand in lending and income. On a year-over-year basis, all key metrics have improved significantly. 

The @Risk Core Unit Team [published](https://forum.makerdao.com/t/decreasing-liquidation-ratios-analysis/9702) an analysis on whether we should lower liquidation ratios for Maker vaults in order to boost DAI supply and thereby Maker Vault attractiveness. The Risk Team used their Maker Collateral Risk Model to quantify how a lower liquidation ratio of a particular Vault type affects the “risk premium to debt exposure curve.” 

The @Risk Core Unit Team published simulations on [Gas and Vault Cost from a User Perspective](https://forum.makerdao.com/t/gas-and-vault-cost-from-a-user-perspective/9772) discussing gas, various parameters, and platforms that can help determine which Vault sizes are unfavorable for MakerDAO.

The @Risk Core Unit Team [published](https://forum.makerdao.com/t/g-uni-dai-usdc-collateral-onboarding-risk-evaluation/9719) the Risk Evaluation for G-UNI-DAI-USDC. Since LP shares are created as non-fungible tokens (NFTs) and do not automatically reinvest fee earnings, G-UNI-DAI-USDC is a fungible strategy token representing deposits into Uniswap v3. 

The @Risk Core Unit Team is at it again by [publishing](https://forum.makerdao.com/t/maker-vaults-market-activity/9787) an analysis on identifying the market activity of Vault users, which is based on a snapshot taken on August 3rd representing the majority of issued Dai from non-stablecoin Vaults and PSM with a focus on Dai rate arbitrage on popular DeFi lending markets on Ethereum.

Messari [published a report](https://messari.io/article/makerdao-valuation?utm_source=newsletter&utm_medium=middle&utm_campaign=makerdao-hub-valuation) on MakerDAO Valuation. It leverages charts provided by the Real World Finance Core Unit to succinctly cover both MKR and DAI traction, tokenomics, valuation, and risk. They also cover recent protocol upgrades as well as our roadmap and competition.

@James submits a [collateral onboarding application](https://forum.makerdao.com/t/rai-rai-collateral-onboarding-application-mip6/9802) for RAI, which is a non pegged, ETH backed stable asset built by Reflexer. RAI’s objective is to serve as alternative collateral to centralized stablecoins such as USDC. 

@louismerkle [submits an RFC proposal](https://forum.makerdao.com/t/mip39c2-spxx-adding-the-starknet-engineering-core-unit-secu/9745) for the StarkNet Engineering Core Unit (SECU), which puts forward a plan for enabling Dai minting and potentially leveraging on StarkNet to keep the Maker protocol attractive to users in the ZK-rollup, Layer 2 domain.

@bainpm [submits an RFC proposal](https://forum.makerdao.com/t/mip39c2-sp18-adding-development-ux-core-unit-dux-001/9770) for the Development & UX Core Unit (DUX-001), which seeks to improve the user experience for all governance participants through facilitating optimal decision-making processes and ensuring security for the Maker protocol.

-----
## [Active Discussions](https://forum.makerdao.com/latest)

‘What’s going on? You think what?! You’re 100% wrong, and here’s why…’

[Offboarding Unprofitable Collaterals](https://forum.makerdao.com/t/offboarding-unprofitable-collaterals/9785) - The @Risk Core Unit Team details the difficulties with maintaining Vault types that have low usage and proposes a roadmap discussing to offboard such assets that lack a realistic prospect of becoming profitable in the future.

[Fixed Rate Vaults Proposal With Deco Protocol](https://forum.makerdao.com/t/fixed-rate-vaults-proposal-with-deco-protocol/9707) - @vamsi from Deco Protocol proposes a new product to bring new revenue-generating and user retention feature to MakerDAO Fixed Rate Vaults through the integration of the Deco Protocol. Fixed-Rate Vaults via [Deco Protocol](https://www.deco.works/) offer a solution to volatility in fixed rates and stability fees. 

[RWF - Financial Planning & Analysis Roadmap](https://forum.makerdao.com/t/rwf-financial-planning-analysis-roadmap/9756) - @Aes will be joining the @Real World Finance Core Unit Team on a full-time basis beginning September and is reaching out to the community for feedback discussing certain priorities and the short-term roadmap of the RWF FP&A team.

[[Informal Poll] Increasing the Surplus Buffer](https://forum.makerdao.com/t/informal-poll-increasing-the-surplus-buffer/9734) - With MakerDAO expenses at ~32MM, we are not going to fill the Surplus Buffer anytime soon. @ultraschuppi asks the community to discuss the idea of increasing the Surplus Buffer again, promoting that accrued income is going into the Buffer instead of (potentially) causing some MKR to burn.

[POC for Maker Delegation Stats](https://forum.makerdao.com/t/poc-for-maker-delegation-stats/9797) - @urbanisierung from MakerLabs shares their recently introduced [webapp](https://delegates.makerlabs.one/), which is currently a single-page proof of concept application that increases transparency around Maker Delegates. It offers two main views: an overview of all delegates and a detailed view of the corresponding polls and executives.

[Create a PAX PSM](https://forum.makerdao.com/t/create-a-pax-psm/9683) - @carlkvogel from Paxos proposed to create a PAX PSM to extend PAX as a way to diversify DAI collateral. This comes on the heels of community concern around the growth of DAI’s USDC backing, which sits at 60.6% according to [Daistats.com](https://daistats.com/). To sweeten the deal, Paxos plans to add DAI to its platform before Q1 of 2022.

-----
## [Ongoing Initiatives](https://forum.makerdao.com/t/governance-initiatives/1347)

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

[Recognised 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.

[:mega: Collateral Calls - Calling all Projects!](https://forum.makerdao.com/t/collateral-calls-calling-all-projects/3715) - @juanjuan 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 them here.

[Collateral Status Index](https://forum.makerdao.com/t/collateral-status-index/2231) - Confused about the current status of the various collateral types that have been discussed recently? Check out this post to find out the status and current position of each within the onboarding process.

[Weekly MIPs Updates](https://forum.makerdao.com/tag/mips-update) - @Davidutro and @charlesstlouis bring the latest updates in the world of MIPs.

[The Official Welcome Thread](https://forum.makerdao.com/t/the-official-welcome-thread/771/4) - A welcome and introductions thread. Not strictly governance, but if anyone new or old wants to introduce themselves, now is your chance!

-----
## [Help Wanted](https://forum.makerdao.com/c/miscellaneous/help-wanted/11)

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

[Wanted: Governance Contributors for GovAlpha](https://forum.makerdao.com/t/help-wanted-govalpha/8811) - @LongForWisdom puts out the call for new team members! Different tracks are available depending on interest and time commitment.

[Wanted: Risk Domain Monitoring Tools](https://forum.makerdao.com/t/wanted-risk-domain-monitoring-tools/4168) - @Primoz puts out a call for additional support to produce monitoring tools for the risk team. Grants are available.

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