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# System prepended metadata

title: Maker Relay 20
tags: [Maker Relay]

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tags: Maker Relay
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# Maker Relay 20

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

[Canva Title Slides](https://www.canva.com/design/DAD-_5ivxrM/dcBwCQuJzzOYK5TqcWYj1A/edit)

_Hey everyone, thanks for checking out Maker Relay!_

Whether you hold Maker (MKR) or DAI, own a vault, or want to get more involved in MakerDAO governance, this is your one-stop-shop for updates on the MakerDAO ecosystem. 

## Votes

Check our [Governance Tools Resource](https://community-development.makerdao.com/governance/governance-tools) for links to things like; system status, Dai stability, collateral/liquidations, protocol analytics, auctions, and some of the history of governance. 

### Monthly Governance Cycle



### Weekly Governance Cycle

*Some polls use [instant run-off](https://ballotpedia.org/Ranked-choicevoting(RCV)), so you can select multiple options and ranked-choices will be prioritized.*

| Poll Name | Vote | Discussion | Results | Unique Voters |
| --------- | ---- | ---------- | ------- | ------------- |

#### Community Greenlight Polls

The greenlight polls will close on [Date] at [Time] UTC

Create a table summarizing the polls found at https://vote.makerdao.com/polling using the following template:

| Collateral | MIP9 Poll                                           | MIP6 Application |
| ---------- | --------------------------------------------------- | ---------------- |
| Name       | [Vote](https://vote.makerdao.com/polling-proposal/) | [Application]()  |

Check an 'at-a-glance' view of the current collateral packages and their current parameters here; [MakerBurn](https://makerburn.com/#/rundown)

#### Last Week

**PAXG** was added as a Collateral type

- Stability Fee: 4%
- Liquidation Ratio: 125%
- Debt Ceiling: 5 million
- Auction Lot Size: 50,000 DAI
- Minimum Bid Increment: 3%
- Bid Duration: 6 hours
- Max Auction Duration: 6 hours
- Liquidation Penalty: 13%
- Dust: 100 DAI

**GUSD** was added as a collateral type

- Stability Fee: 4%
- Liquidation Ratio: 101%
- Debt Ceiling: 5 million
- Auction Lot Size: 50,000 DAI
- Minimum Bid Increment: 3%
- Bid Duration: 6 hours
- Max Auction Duration: 6 hours
- Liquidation Penalty: 13%
- Dust: 100 Dai

#### Signal Requests


## Updates

### MIPs

 [Weekly MIPS Update # (Date)]()

Proposals in the Request-For-Comments phase include:

- 

The Maker Improvement Proposal (MIPs) Framework provides a clear process for Maker governance to change the Protocol as needed.

*Learn more about [Maker Improvement Proposals (MIPs)](https://forum.makerdao.com/c/MIPs/14) in the Maker Forum*

### Smart Contracts

#### Token Smart Contract Assessments

### Risk

## Current Events

### Vault Compensation Analysis Team

#### More Information

## State of the Peg

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

- DAI

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

- 

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

- Volume at around $ million this last week. 
- Average VWAP (Volume-Weighted-Average-Price) places Dai at $1.

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

- ETH vaults collateralization ratio

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

- Liquidation Walls (30 million dai )
    
![](https://i.imgur.com/.png)

- Other vaults 

https://daistats.com/#/ | http://dai.descipher.io/ | https://makerburn.com/#/ 

## Community

### Articles

- []()

### Maker Forum Deep Dai-ve

- [link text](https:// "title")
    - *Description in italics*

### Twitter

- [@MKRDaiBot](https://twitter.com/MakerDaiBot)
- [@MakerDAO](https://twitter.com/MakerDAO)

## Meetings and Events

### MakerDAO Open Calls

#### Community Call

- Tuesdays at 16:00 UTC | [Crowdcast](https://www.crowdcast.io/e/the-makerdao-community/register)

#### Community Collateral Onboarding

- Bi-weekly Wednesdays at 17:00 UTC | [Zoom](https://us02web.zoom.us/j/82526996403) - Message [#governance-and-risk](https://chat.makerdao.com/channel/governance-and-risk) for Admission
    - [Introduction](https://forum.makerdao.com/t/collateral-onboarding-call-bi-weekly-on-wednesday-at-17-00-utc-19-00-cet-10am-pst/3614) | [Collateral Status Index](https://forum.makerdao.com/t/collateral-status-index/2231)
    - [Agenda]()

#### Governance & Risk

- Thursdays at 16:00 UTC | [Zoom](https://zoom.us/j/697074715) 
    - Message [#governance-and-risk](https://chat.makerdao.com/channel/governance-and-risk) for Admission
    - [Agenda](https://forum.makerdao.com/c/governance/gnr/8) | [Dial-in call link](https://zoom.us/) | [Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk@group.calendar.google.com&ctz=America/Los_Angeles)
    - [Archives](https://community-development.makerdao.com/governance/governance-and-risk-meetings) | [Contributing](https://forum.makerdao.com/c/governance/gnr/8)

### Community Events

- Dec. 9-10: [Paris Blockchain Week Summit](https://www.pbwsummit.com/)

### Hackathons

- July 6-27 [Unitize - San Francisco Blockchain Week](https://gitcoin.co/hackathon/unitize/onboard)


## Reference Links

Discuss and debate Maker governance in the [Forum]() and over [Maker Chat](https://chat.makerdao.com/)

Propose technical changes, poll, and vote in the [Governance Portal](https://makerdao.com/en/governance)

Learn more about the Maker protocol in our [Documentation](https://docs.makerdao.com/)

Check our [Governance Tools Resource](https://community-development.makerdao.com/governance/governance-tools) for links to things like; system status, Dai stability, collateral/liquidations, protocol analytics, auctions, and some of the history of governance. 

### Have Feedback? 

We value your input! Post in the [forum](https://forum.makerdao.com/), take our [survey](https://forms.gle/Z2QAgywU2Sesm7Vy6), or join us in the [Community-Development](https://chat.makerdao.com/channel/community-development) channel to let us know what you want to see.

*Disclaimer: This update is assembled by a group of contributing members in the MakerDAO community. This does and should not serve as financial advice or an inducement to vote in any specific way. This update is purely for informative and for communications purposes only.*