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# System prepended metadata

title: 'G&R #128 Snippet'
tags: [Snippets]

---

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tags: Snippets
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# G&R #128 Snippet

Domain team updates, Collateral Onboarding, active discussions and more. All the updates from MakerDAO Governance and Risk Call #128 in this `snippet` 

## Team Updates

### Governance

- [Governance at a Glance](https://forum.makerdao.com/t/governance-at-a-glance-feb-5-11-2021/6507), 2B Dai [here we go!](https://daistats.com/#/) 🚀


### Smart Contracts

- [Exec passed this week](https://vote.makerdao.com/executive/onboarding-uniswap-v2-lpts?network=mainnet#proposal-detail), setting up UNI-V2-DAI-USDC &  UNI-V2-ETH-USDT to be used as collateral.
- Planning to get [MIP21 (Real World Assests)](https://forum.makerdao.com/t/mip21-real-world-assets-off-chain-asset-backed-lender/3917) to Kovan on Friday.
- Iterating on `dssExecLib`
- Continuing to work with auditors on [MIP45 Liquidations 2.0](https://forum.makerdao.com/t/mip45-liquidations-2-0-liq-2-0-liquidation-system-redesign/6352) 
- Working on`DEFCON` spell updates
- Code for [MIP25: Flash Mint Module](https://forum.makerdao.com/t/mip25-flash-mint-module/4400) will be reviewed soon

### Oracles

- Deploying oracles later today that will go into the next executive, gas is expensive right now. 
- CF-DROP, WBTC-DAI assessment in the works.
- Audit in progress for LP token Oracles.
- We should talk about ways to mitigate gas usage for Oracles, if this rate continues we will end up paying 16M a year just for gas costs.
    - What are we willing and not willing to do as a community?
    - One option is to start to delist vaults that don't have high usage.
    - Doing research into what we can do to reduce gas usage. These are heavily gas optimized already.

### MIPs

- One MIP in conception: [MIP44: Reward Join Adapter (`RewardJoin`)](https://forum.makerdao.com/t/mip44-reward-join-adapter-rewardjoin/6283)
- 34 Proposals in [RFC Phase](https://forum.makerdao.com/c/mips/rfc/15)!
    -  Including 14 subproposals!
- There's no Monthly Governance Cycle this month but Greenlight Polls go up for a vote on Monday and will last for 2 weeks. 

### Risk

- Uni pairs: WBTC<>DAI & AAVE<>ETH risk evaluations in the works.
- [Report on liquidation auctions so far in 2021](https://forum.makerdao.com/t/makerdao-flip-auction-stats-ytd-data/6474)
- Focused on Liquidations 2.0 moving forward.

### RWA

- Working with legal to improve infrastructure of RWA
- Collateral types for the next month
- Looking into [MIP43 - Term Lending Module (TLM)](https://forum.makerdao.com/t/mip43-term-lending-module-tlm/6153) to see how long term rates would affect protocol risk

### Operations and Collateral Onboarding

- [Weekly Update](https://forum.makerdao.com/t/operational-support-weekly-update-feb-8-12-2021/6509) - a new weekly update.
- Working on Core Unit submission for Operational Support.
- Lots of good questions about Facilitators in the Core Unit Model:
    - An example is [@LongForWisdom's post](https://forum.makerdao.com/t/mip40c2-sp3-core-unit-budget-gov-001/6349) debating facilitator's compensation and transparency.

### Community Development

- @David hosted a very informative community call all about Core Units and a lot of community members joined the conversation, [replay here!](https://www.youtube.com/watch?v=TnkJRhTk7NM&t=4s)
- Contributors in community development are working on core unit drafts and sharing them around. If you're interested in participating you, as a community member, are more than welcome to join.
