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title: 'G&R #116 Tweet'
tags: [Snippet Tweets]

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tags: Snippet Tweets
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# G&R #116 Tweet


Domain team updates, Flash Loans discussion, Nexus Mutual presentation and more! Check out all the updates from @MakerDAO Governance and Risk Call 115 on October 29, 2020 


1/10

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A flash loan was used to pass an executive, which highlights a problem that flash loans could be used to influence Governance. Community weighed in on possible solutions on the call and on the forum.

https://forum.makerdao.com/t/urgent-flash-loans-and-securing-the-maker-protocol/4901


2/10


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Weekly executive, B.Protocol whitelisting,and monthly executive bundle passed. Smart contracts domain team pushed YFI-A to Kovan, no changes to collateral onboarding sheet, no domain team reviews from last week. YFI, BAL delayed to next week due to flash loan mitigation taking priority.


3/10


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The oracle team deployed BAL and YFI oracles this week, but may push off onboarding in favor of executives to address flash loans. Assessments for PAXG, AAVE, and GUSD will be ready to go shortly. Focusing on LP token oracles.

4/10

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Rate setting working group proposed a change to lower ETH-B Stability Fee from 6% to 4%. Signal on stablecoins ended today with Option 3 - Migrate Users to a new Vault Type and will proceed to a governance vote next week.

https://forum.makerdao.com/t/rates-changes-proposal-26-oct-2020/4877

5/10

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@ConsolFreight and @CurveFinance presented on the Collateral Onboarding call on October 28.


https://www.youtube.com/watch?v=gr2irePbjVI

6/10

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Have you made any contributions to MakerDAO during Q3.2020 (July, August, September)? Let us share a @poapxyz with you! An NFT that will live in the Ethereum wallet of your choice.

https://bit.ly/37SKKzu 

7/10

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This is the last week of October governance cycle, Governance bundle passed. Next week is beginning of November cycle, formal submission for MIPs ends next Wednesday.

https://vote.makerdao.com/executive/approve-october-2020-governance-cycle-bundle-october-26-2020?network=mainnet#proposal-detail

8/10

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Community Greenlight polls are still live until November 2, go vote!

https://vote.makerdao.com/polling?network=mainnet

9/10

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@HughKarp presented how MakerDAO can benefit from @NexusMutual. Details and discussion on the forum

https://youtu.be/0v3E_kpLxFg?t=3066

https://forum.makerdao.com/t/makerdao-protocol-cover-using-nexus-mutual/4761

10/10

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