---
# System prepended metadata

title: 'Forum at a Glance | July 28 - August 3, 2022'
tags: [Forum at a Glance]

---

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

# Forum at a Glance | July 28 - August 3, 2022

![](https://i.imgur.com/K5Gm0WA.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* 

###### Online PDF Version available [here.](https://pdfhost.io/v/8ngmrjQzF_Welcome_to_the_onestop_shop_for_everything_discussed_on_the_MakerDAO_forum)

---
## Three-Point Summary

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

**1.** The Real World Finance Core Unit is [splitting](https://forum.makerdao.com/t/mip39c2-sp-creating-rwf0x-from-a-split-of-rwf-001/16967) into independent Core Units RWF-0x and RWF-001.
**2.** Recognized Delegate Governance House has [merged](https://forum.makerdao.com/t/governance-house-is-becoming-part-of-the-llama/16902) with Llama, an organization that helps DAOs with engineering, treasury, and analytics initiatives.
**3.** A Signal Request [asks](https://forum.makerdao.com/t/signal-request-update-6s-vault-parameter-to-appropriate-applicable-rate/16861) whether the Vault Stability Fee for 6S Capital should be raised on-chain in accordance with the 6S credit agreement.

---
## News and Announcements

###### ▼

> **[MIP39c2-SP34: Creating RWF0x from a Split of RWF-001](https://forum.makerdao.com/t/mip39c2-sp-creating-rwf0x-from-a-split-of-rwf-001/16967)**

The Real World Finance Core Unit is splitting into two independent Core Units. RWF-0x will be responsible for Huntingdon Valley Bank, Société Générale, 6S Capital, and New Silver, while RWF-001 will be responsible for Fortunafi, ConsolFreight, and Harbor Trade Credit. The new CUs will compete to bring new customers to the Maker protocol.

Read the relevant [onboarding](https://forum.makerdao.com/t/mip41c4-sp-rwf-0x-core-unit-facilitator-onboarding/16969) and [budget](https://forum.makerdao.com/t/mip40c3-sp-rwf-0x-budget-proposal-through-2022/16968) proposals for more information.

> **[Governance house is becoming part of the Llama!](https://forum.makerdao.com/t/governance-house-is-becoming-part-of-the-llama/16902)**

Recognized Delegate Governance House has merged with [Llama](https://llama.xyz/), which collaborates with DAOs on protocol engineering, treasury allocation, and analytics.

> **[2022-08-02 Governance Poll Clarification](https://forum.makerdao.com/t/2022-08-02-governance-poll-clarification/16952)**

@Patrick_J of GovAlpha made a post clarifying the wording of an August 2nd Governance Poll aimed at gathering sentiment among MKR holders about whether they approve a [proposal](https://forum.makerdao.com/t/signal-request-budget-re-allocation-core-unit-accountability-framework/16788) from the Strategic Finance CU for a tactical re-allocation of budgets.

The original wording could have been interpreted as suggesting that any changes resulting from this process could have entered directly into an Executive Vote, which is incorrect.

> **[Endgame DVC meetings for today and tomorrow at 9pm CEST](https://forum.makerdao.com/t/endgame-dvc-meetings-for-today-and-tomorrow-9pm-cest/16981)**

As Rune continues to break down the strategy for his Endgame Plan to create metaDAOs, this week's Open Decentralized Voter Committee calls focus on new content related to a concept called the Target Collateral Portfolio, a central feedback loop of the Endgame Plan. Additionally, Rune will discuss the simplification of tokenomics that removes most features of the Midgame and Endgame phases. 

Wednesday's call recording will be up soon!

Thursday's call will happen at 19:00 UTC; [join here.](https://us02web.zoom.us/j/82286534666)

> **[Meet Your Delegate #17](https://forum.makerdao.com/t/meet-your-delegate-17/16932)**

Meet Your Delegate \#17 occurred yesterday, August 2nd, at 1 pm UTC. @CodeKnight presented their platform and fielded questions from the audience, and @pvl finished up MYD \#16 by hosting his Q&A session.

> **[The Schuppi and ElPro Delegate Happy Hour post-EthCC – Paris 2022, Episode 3](https://forum.makerdao.com/t/the-schuppi-and-elpro-delegate-happy-hour-post-ethcc-paris-2022-episode-3/16913)**

The third episode of The Schuppi and ElPro Delegate Happy Hour is here!

![](https://i.imgur.com/r5miWiM.png)

> **[Delegate Office Hours #5 - Includes poll for discussion topic](https://forum.makerdao.com/t/delegate-office-hours-5-includes-poll-for-discussion-topic/16980)**

@Thomas.Flitter opens this week's informal poll for Recognized Delegates to decide on a set of discussion topics for today's Delegate Office Hours call.

Currently, the leading topics for discussion will be MIP 77-79: Delegates in the Maker Protocol and Compensation and a suggested topic, RWF-0x MIP and the RWF CU split. 

> **[Permissionless Bridge Deployment: Arbitrum Nova](https://forum.makerdao.com/t/permissionless-bridge-deployment-arbitrum-nova/16956)**

The Protocol Engineering Core Unit has announced that it will be deploying a simple permissionless bridge to ensure the existence of a canonical DAI contract on the upcoming Arbitrum Nova L2 blockchain—the same procedure carried out for Arbitrum One. Almost the same codebase that was deployed on Arbitrum One can be redeployed on Arbitrum Nova.

> **[Multichain Market Musings](https://forum.makerdao.com/t/multichain-market-musings/16909)**

![](https://i.imgur.com/kyMzr6M.png)

@alec published the first edition of his Multichain Market Musings, aiming to track crypto news that affects the entire ecosystem.

This issue covers Lido's rejection of a [\$14M deal](https://snapshot.org/#/lido-snapshot.eth/proposal/0xede83acfa2d3afd2a0109bb437073c5424bcc576bbe32e51a5cdee9ecd6cebee) with Dragonfly Capital and the "cold war" between zkSync, Scroll, and Polygon for zkEVM market dominance.

> **[Monthly Core Unit Updates | July 2022](https://forum.makerdao.com/t/monthly-core-unit-updates-july-2022/16954)**

The Monthly Core Unit Updates are posted at the beginning of each month and updated throughout that month.

---
## Active Discussions

> **[Research Paper - The Crypto Banking System](https://forum.makerdao.com/t/reseach-paper-the-crypto-banking-system/16862)**

@SubVentures of the Strategic Finance Core Unit shared a personal project in the hope of stimulating discussion in the MakerDAO community.

His paper, [The Crypto Banking System](https://cryptobanking.network/the-crypto-banking-system/), draws on [work by](https://www.newyorkfed.org/research/epr/2013/0713adri.html) Credit Suisse's Zoltan Pozsar and others on the shadow banking system to describe the foundations needed to build a successful financial system on top of decentralized finance (DeFi).

---
## Seeking Consensus

‘Yo, do you even signal?’

> **[[Signal Request] Update 6S Vault Parameter to Appropriate Applicable Rate](https://forum.makerdao.com/t/signal-request-update-6s-vault-parameter-to-appropriate-applicable-rate/16861)**

This Signal Request asks whether the Vault Stability Fee for 6S Capital, which was set at 3% at launch but has never been adjusted, should be reset to the Prime Rate as published by the Wall Street Journal on August 10, 2022, in accordance with the 6S [credit agreement](https://static1.squarespace.com/static/60942fb61249302a48a934a5/t/61130d4225a5da3f1991b36e/1628638530538/Credit+Agreement+7.29.21+-+conformed+-+redacted.pdf).

*Pros*
* More accurately reflect the fees accruing in the 6S vault
* Marginally more revenue

*Cons*
* 6S will have a fairly substantial jump in rates

Vote breakdown:

![](https://i.imgur.com/dI5293K.png)

Vote ends: [date=2022-08-10 time=4:00:00 timezone="UTC"]

-----
## 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 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!

-----
## 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).
