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# System prepended metadata

title: 'G&R # Snippet 118'
tags: [Snippets]

---

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tags: Snippets
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# G&R # Snippet 118

Domain team updates, Community Development Portal Launch, Peg Stability Module discussion, and more. All the updates from MakerDAO Governance and Risk Call #118 in this `snippet`

## Team Updates

### Smart Contracts

- Weekly executive added BAL-A and YFI-A to the system as well as some DC adjustments.
- [UNI-V2-DAI-ETH](https://forum.makerdao.com/t/uni-v2-dai-eth-erc20-token-smart-contract-technical-assessment/5013) and [UNI-V2-USDC-ETH](https://forum.makerdao.com/t/uni-v2-usdc-eth-erc20-token-smart-contract-technical-assessment/5012) ERC20 Token Smart Contract Technical Assessments are published.
- Working on a forum post for changes about flash loans in DS Chief 1.2, migration steps, and revealing the timeline.
- SamM the 🤖 resurrected PSM idea. M is for machine, thanks Sam!
- Will Barns is no longer with foundation but he's on the smart contract domain team working for the DAO
- Foundation continues to work on liquidations 2.0 and working with auditors.

### Oracle

- Rounding out what we expect to do by end of year. Collateral onboarding assessments coming soon.
- Welcome to Marc André! 

### Risk

- [RenBTC risk assessment](https://forum.makerdao.com/t/renbtc-collateral-onboarding-risk-evaluation/5095) published with conservative risk parameters.
- Plan to onboard tBTC and renBTC by end of the year.
- RWA group will release risk assessment template specifically for RWA.
- Evaluating `Dust` parameters for minimum, will post in the forums.
- DROP token evaluations (2 of them)

### Operations and Community Development

- Operations side working on framework for public road map.
- Working with domain teams form and propose budgets, more details in a forum post coming soon.
- [Autonomous MakerDAO working group](https://forum.makerdao.com/t/working-group-autonomous-makerdao/4036) update coming soon.
- Working with senior leads in Comm Dev to define our objectives for the next 6 months.
- There is a [podcast forum poll](https://forum.makerdao.com/t/poll-included-cdip30-voices-of-makerdao-podcast-updates-and-deliverables/4999), check it out if you have feedback on audio format of G&R updates.

### Collateral Onboarding

- Budd White from Paperchain joined collateral call yesterday, [check out replay and notes coming soon.](https://forum.makerdao.com/t/collateral-onboarding-call-15-paperchain-wednesday-november-11-18-00-utc/4983)
- Join us next week, Nov 18 18:00 UTC for a [call with Set Protocol and Index Coop.](https://forum.makerdao.com/t/collateral-onboarding-call-16-setprotocol-indexcoop-wednesday-november-18-18-00-utc/5097)


### MIPs

- All inclusion polls passed and will be included in a bundle poll on Monday.
- New proposals in RFC this week: [MIP13c3-SP8: Maker Protocol Cover with Nexus Mutual (Declaration of Intent)](https://forum.makerdao.com/t/mip13c3-sp8-maker-protocol-cover-with-nexus-mutual-declaration-of-intent/5056), [MIP29: Peg Stability Module](https://forum.makerdao.com/t/mip29-peg-stability-module/5071), [MIP13c3-SP7: Governance Communications (Declaration of Intent)](https://forum.makerdao.com/t/mip13c3-sp7-governance-communications-declaration-of-intent/5028)
- Welcome YFI and BAL! 
- Greenlight polls will go up on Monday, just two types this month: [NEXO](https://forum.makerdao.com/t/nexo-mip6-collateral-onboarding-application/4236) and [YFII](https://forum.makerdao.com/t/yfii-mip6-collateral-onboarding-application/4864)

## Other Presentations and Updates

### Community Development Portal

- @twblack88 presented the newly refreshed [Community Development Portal](https://community-development.makerdao.com/), check out the [presentation here!](https://docs.google.com/presentation/d/1WMblCNWwEA2AN2KUH8y3_8kMdZhAPhMNe20dMi3eAM0/edit?usp=sharing)
- [Forum post announcing the launch](https://forum.makerdao.com/t/community-development-team-launches-community-development-portal/5020)
- It's a community generated resource on all things MakerDAO and documentation of contributor programs. It's built with an awesome stack to maximize collaboration and level up contributors.

### hexonaut Discussed MIP 29: Peg Stability Module

- [PSM Forum Discussion](https://forum.makerdao.com/t/mip29-peg-stability-module/5071)
- We're in a "worst of both worlds situation" where we have stablecoin exposure and yet the peg isn't restored to 1.
- [[Signal Request] Accelerate the PSM Launch](https://forum.makerdao.com/t/signal-request-accelerate-the-psm-launch/5094)
- Big :brain: energy from @rain and @equivrel. A USDC comp farming strategy [repo](https://github.com/rainbreak/crop).

## Peg

- DAI price remains at an average of $1.01
- The DAI supply rises to around 993 million
- Largest collateral types diversifying with well collateralized vaults.
