---
# System prepended metadata

title: 'August 16 - 22, 2022'
tags: [Weekly Relay]

---

---
tags: Weekly Relay
---

# August 16 - 22, 2022

![](https://i.imgur.com/KO6JCoR.png)

_Hi everyone, thanks for checking out the Weekly Relay! Whether you hold MKR or DAI, own a vault, or want to get more involved in governance, this is your one-stop shop for MakerDAO updates._

Authors: @alec, @nothsa, @Sol_Invictus, and @Artem_Gordon

##### [Online PDF Version](https://pdfhost.io/v/dN~2nGi5l_Weekly_Relay_August_16_22_2022)

---
## :fire: **CURRENT EVENTS** <!-- Alec -->

DAOs are often judged for their shortcomings, but as for their triumphs? Well, maybe success just doesn't sell. Instead, the peanut gallery congregates en masse, armed with smug grins and cheap rhetoric. 

The past two weeks have been messy. There's no denying that, but we've also seen a tremendous response from the greater community towards establishing a viable plan of action in the interim. 

And therein lies a DAO's strength - built-in redundancy that enables swift responses to hindering problems.

#### [**MIP41c5-SP10: Facilitator Offboarding (RWF-001)**](https://forum.makerdao.com/t/mip41c5-sp10-facilitator-offboarding-rwf-001/17332/4)

Authored by Recognized Delegates @ultaschuppi and @JustinCase, this MIP proposes the offboarding of RWF-001's incumbent Facilitator.

<small>**To summarize its motivations: ⮟**</small>

* Per the proposal, @willamr is ["actively divesting"](https://forum.makerdao.com/t/mip65-monetalis-clydesdale-liquid-bond-strategy-execution/13148/112) RWF-001 from its duties.
* Further, current RWF-001 projects have been left ["abandoned"](https://forum.makerdao.com/t/mip55c3-sp6-legal-domain-work-on-greenlit-collateral-bibta-special-purpose-fund/17166), and its mandates to various CUs remain ["unfulfilled"](https://forum.makerdao.com/t/collateral-onboarding-project-based-funding-request-pfr/17290).

*This MIP is meant to provide MKR holders an option for action if, by the time the proposal moves on-chain, RWF-001 continues to shirk the responsibilities outlined in its mandate.*

*That said, a tangible plan of action, articulated and executed by @williamr, is preferred.*  

The MIPS and proposals below represent the work, mandated to RWF-001, currently being advanced by separate Core Units and interested parties. 

#### [**MIP55c3-SP8: Legal Work on MIP65 Special Purpose Fund**](https://forum.makerdao.com/t/mip55c3-sp8-legal-work-on-mip65-special-purpose-fund/17280)

This MIP, penned by @adcv, @aes, and @SebVentures, requests an SPF totaling *30k DAI* to reimburse @christiancdpetersen for the legal work required to advance the deal ratified in [MIP65: Monetalis Clydesdale | Liquid Bond Strategy & Execution](https://forum.makerdao.com/t/mip65-monetalis-clydesdale-liquid-bond-strategy-execution/13148).

<small>**Funding Breakdown ⮟**</small>

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

Posted within MIP65, [@williamr shares](https://forum.makerdao.com/t/mip65-monetalis-clydesdale-liquid-bond-strategy-execution/13148/112) his updated thoughts on the state and continuance of the project.

> I am recommending an amendment to MIP65 based on changes related to responsibility in the performance of the legal work for this structure.
>
> The MIP65 was originally drafted with a scope in mind which is currently changing as per funding requests by other core units: CES and SF. With that in mind, it is only natural that the accountability for verifying the performance of legal duties is also amended to reflect the changes in responsibility for undertaking the work. Or at a minimum supervising that the legal review is done in accordance with best practices. Given that RWF is not engaging the legal contractor to perform the review on MIP65, it is natural it should not have the responsibility for supervising its proper execution.
>
> I am therefore requesting that governance aligns the accountability for verification of legal & governance structure with the responsibility of the performance of the task of legal review. Therefore placing the accountability with the responsible core unit, whichever team contracts the legal services for this MIP.
>
> Thanks, William

#### [**Collateral Onboarding Project-based Funding Request (PFR)**](https://forum.makerdao.com/t/collateral-onboarding-project-based-funding-request-pfr/17290)

In response to the above, Monkey.irish requests a Project-based Funding Request (PFR) to use the *existing* CES-001 core unit budget for professional services related to the management and on-boarding of collateral assets. 

<small>**Funding Breakdown ⮟**</small>

*The PFR requests approval for the use of*:

* 44,000 DAI, or 45% of CES-001's current *Professional Services* budget line item.
* 56,000 DAI, or 40% of CES-001's current *Contingency Buffer* line item.

The proposal notes that this total, or 100k DAI, only represents an *allocation* due to the large variance in the costs of professional services specific to real-world assets (RWAs). 

**Under the terms of this proposal, CES-001 would fulfill the onboarding and management requirements of RWAs, a role currently mandated to the RWF-001.**

*Note: this proposal is meant as an alternative to the various SPFs stemming from deals stalled by the current RWF-001 situation.*

---

#### :newspaper: [**Delegate Priority Surfacing Tool - Round 1 Results**](https://forum.makerdao.com/t/delegate-priority-surfacing-tool-round-1-results/17341)

Recognized Delegate @rspa shared the results of a survey he issued to delegates last month. The survey was intended to serve as a "consensus enabling tool" by revealing delegates' biggest priorities for the next three months.

Participants were asked first to enter priority topics in a spreadsheet, then to distribute 1,000 points between the priority topics already collected to help determine a "collective prioritization score."

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

The top three priorities were:

1.  Increasing vault usage (2399.84 points)
2.  Increasing DAI supply (1844 points)
3.  Ramping up MIP65 and other PSM yield strategies (1824 points)

This initiative was well received by the community, which is strongly in favor of undertaking another round.

#### :newspaper: [**Llama's delegation program as Delegation Captain**](https://discord.com/channels/893112320329396265/899667119426371625/1009440749739327509)

@luca_pro announced on Discord that he will be joining Recognized Delegate @Llama's delegation program as Delegation Captain, heading up Llama's public communications.

Llama works with many well-known DAOs and DeFi protocols, including Aave, Uniswap, Gitcoin, and more. Check out their Delegate Platform [here](https://forum.makerdao.com/t/llama-delegate-platform/15191?u=luca_pro).

#### :newspaper: [**Frontier Research Delegate Platform**](https://forum.makerdao.com/t/frontier-research-delegate-platform/17298)

@Matt_NZ published his Delegate Platform as Frontier Research LLC.

Matt, who has been actively following MakerDAO since 2019, is a New Zealand lawyer and legal scholar specializing in the intersection of law and technology. He has special interests in decentralized finance, decentralized governance, and the regulatory environment around emerging technologies.

#### :newspaper: [**The Schuppi and ElPro Delegate Happy Hour Featuring Greg DiPrisco of RWA Co!**](https://forum.makerdao.com/t/the-schuppi-and-elpro-delegate-happy-hour-featuring-greg-diprisco-of-rwa-co/17346)

@g_dip of RWA Company LLC stopped by the latest episode of The Schuppi and ElPro Delegate Happy Hour to help our favorite hosts (and viewers) get a handle on how Maker's push into Real World Assets is going—and to talk a little bit about whisky.

Watch the full episode [here](https://www.youtube.com/watch?v=18MGJV-3OXc).

#### :newspaper: [**Endgame DVC Meetings Were Cancelled for August 17 & 18**](https://forum.makerdao.com/t/endgame-dvc-meetings-cancelled-this-week/17302)

Last week's Decentralized Voter Committee meetings were canceled to give @rune time to update the Endgame Plan to accommodate the new regulatory situation in the wake of the Tornado Cash sanctions.

---
## 🏛 This Week in Governance <!-- Constanza -->

### **[Weekly MIPs Update #101](https://forum.makerdao.com/t/weekly-mips-update-101/17392)**

*Ratification polls, proposals, and pre-MIP discussions.*

---
### Executive Vote(s)

Not all of our problems were solved last week, and not many of them will be solved this week either. Nonetheless, you can have a cookie while you reminisce on the result of our last Executive Proposal.

![](https://i.imgur.com/VO0t5Li.gif)

>:mag_right: _Last week’s Executive:_ [_MOMC Parameter Changes, SocGen Vault Drawdown Authorization, Recognized Delegate Compensation, HVBank Legal Agreement Amendment_](https://vote.makerdao.com/executive/template-executive-vote-momc-parameter-changes-socgen-vault-drawdown-authorization-recognized-delegate-compensation-hvbank-legal-agreement-amendment-august-12-2022 "View executive details") – Passed on August 12, 2022, 21:20 UTC. Executed on August 14, 2022, 21:23 UTC.

---
### Active Poll(s)

| Poll Name | Discussion |Start Date | End Date | 
|:---------:|:----------:|:---------:|:--------:|
|[Target Spend Level](https://vote.makerdao.com/polling/QmY8Fs9t)|   [Discussion](https://forum.makerdao.com/t/signal-request-n6m-target-spend-level/17122)|August 22, 2022, 16:00 UTC|August 25, 2022, 16:00 UTC|
|[Collateral Onboarding Project-based Funding Request (PFR)](https://vote.makerdao.com/polling/QmfRkWCP)|   [Discussion](https://forum.makerdao.com/t/collateral-onboarding-project-based-funding-request-pfr/17290)|August 22, 2022, 16:00 UTC|August 25, 2022, 16:00 UTC|

---

#### Community Greenlight Poll(s)

These are still up and running:

| Greenlight Poll | Vote Breakdown | Start Date | End Date |
| :-------------: | :------------: | :--------: | :------: |
| [RWA Arranger](https://vote.makerdao.com/polling/QmY85FT6) |![](https://i.imgur.com/ZvdKUxX.png)|August 15, 2022, 16:00 UTC| August 29, 2022, 16:00 UTC |
| [Cabot (Cabot Renewable Energy Crypto Mining LLC)](https://vote.makerdao.com/polling/Qmekx2wh) |![](https://i.imgur.com/DqmitGB.png)|August 15, 2022, 16:00 UTC| August 29, 2022, 16:00 UTC |
| [DDC (Detox Digital Coin)](https://vote.makerdao.com/polling/QmWVVivW) |![](https://i.imgur.com/gd2y8EP.png)|August 15, 2022, 16:00 UTC| August 29, 2022, 16:00 UTC |

---
### Finished Poll(s)

| Poll Name | Vote Breakdown |End Date |
|:---------:|:----------:|:---------:|
|[Ratification Poll for Modify Dai Foundation Core Unit Budget (MIP40c3-SP74)](https://vote.makerdao.com/polling/QmQJ9hYq)|![](https://i.imgur.com/KRSm8s1.png)|August 22, 2022, 16:00 UTC|
|[Ratification Poll for Core Unit Offboarding Process Amendments (MIP4c2-SP15)](https://vote.makerdao.com/polling/QmbBh8t4)|![](https://i.imgur.com/7VUj3fZ.png)|August 22, 2022, 16:00 UTC|
|[Ratification Poll for Modify Oracle Core Unit Budget (MIP40c3-SP75)](https://vote.makerdao.com/polling/Qma3P8v9)|![](https://i.imgur.com/rZBinMK.png)|August 22, 2022, 16:00 UTC|
|[Ratification Poll for MIP50 Direct Deposit Module Amendment (MIP4c2-SP23)](https://vote.makerdao.com/polling/QmWYXAdd)|![](https://i.imgur.com/EoFioNG.png)|August 22, 2022, 16:00 UTC|
|[Ratification Poll for Makershire Redux (MIP76)](https://vote.makerdao.com/polling/QmTYQskE)|![](https://i.imgur.com/HA33vBX.png)|August 22, 2022, 16:00 UTC|
|[Ratification Poll for Offboarding Events Core Unit (EVENTS-001)](https://vote.makerdao.com/polling/QmTNaLnY)|![](https://i.imgur.com/3VHC9fN.png)|August 22, 2022, 16:00 UTC|

---
## :phone: **Meetings and Events** <!-- Artem -->

**Last Week's Call Recordings:**

- Collateral Call #47 - BlockTower Credit (Arranger) AMA | [Forum](https://www.google.com/url?q=https://forum.makerdao.com/t/collateral-onboarding-call-47-blocktower-credit-arranger-ama/17128&sa=D&source=calendar&ust=1661089765064760&usg=AOvVaw2-EnS5zXTeE7caQkxfVYnw) | [Video](https://www.youtube.com/watch?v=LOQm8NxzR7w) 
- Delegate Office Hours | [Forum](https://forum.makerdao.com/search?q=delegate%20office%20hours%20%23resources%3Acalls-meetings%20order%3Alatest_topic) | [Video](https://www.youtube.com/watch?v=TSJgiSTYq20) 
- Governance & Risk - Ep. 204 | [Forum](https://forum.makerdao.com/tag/pubcall-:-governance-and-risk) | [Video](https://www.youtube.com/watch?v=Rv-lBWmiBLE) 

**Upcoming Calls:**

- Governance & Risk #205 | [Forum](https://forum.makerdao.com/tag/pubcall-:-governance-and-risk) | [Join](https://zoom.us/j/697074715) | [date=2022-08-25 time=17:00:00 timezone="UTC"]
- Know Your MIP #13 - Delegate MIPs (77-79) | [Forum](https://forum.makerdao.com/t/know-your-mip-kym-13-makerdao-delegates-mip-set/17396) | [Join Link](https://us02web.zoom.us/j/87455676075?pwd=aWxyMyt2M1VVQ0ZhSGpmYjlQRVRDdz09) | [date=2022-08-24 time=17:00:00 timezone="UTC"]
- Meet Your Delegate #18 | [Forum](https://forum.makerdao.com/tag/pubcall-:-meet-your-delegate) | [Join Link](https://us02web.zoom.us/j/82028662414?pwd=VVdqVmRHSlhwQlZZL0pMWXNNelkxdz09) | [date=2022-08-24 time=18:00:00 timezone="UTC"]
- Decentralized Voter Committee | [Forum](https://forum.makerdao.com/t/wednesday-and-thursday-endgame-dvc-meetings-presenting-endgame-v3/17144) | [Join Link](https://us02web.zoom.us/j/89326394914) | [date=2022-08-24 time=19:00:00 timezone="UTC"]

---
### Core Unit Office Hours <!-- UPDATE -->

- [Join Link](https://us02web.zoom.us/j/82603350722?pwd=RThleVo5QlBRT1FuOWxiRCs3K0k2Zz09) | GovAlpha Governance Q&As - Mondays at 17:00 UTC
- [Join Link](meet.google.com/frj-vpji-huc) | Immunefi Security - Every Other Monday at 23:00 UTC | Alternative [Join Link](https://makerdao.bigbluemeeting.com/adm-eox-jtz-tsi) - Every Other Wednesday at 15:00 UTC
- [Join Link](https://www.google.com/url?q=https://meet.google.com/bjm-qiup-hif&sa=D&source=calendar&ust=1620493080631000&usg=AOvVaw056SKuyQn3F67FAtJTPIbl) | Protocol Engineering - Tuesdays at 15:00 UTC
- [Join Link](https://us02web.zoom.us/j/85252786103?pwd=bEZaZXdEcGlSWWd5bmpxMDBvVjdEUT09) | Sustainable Ecosystem Scaling - Tuesdays at 13:30 UTC
- [Join Link](https://meet.google.com/sap-nttu-xga) | Growth - First Wednesday of Each Month at 17:00 UTC
- [Join Link](https://meet.google.com/kwf-qayf-xdq) | Real World Finance - Every Other Wednesday at 18:00 UTC 
- [Join Link](https://meet.google.com/nio-jrqq-guu) | Governance Communications - Fridays at 18:00 UTC
- [Join Link](https://us02web.zoom.us/j/81560369659) | 6S Capital - Every Other Wednesday at 14:00 UTC

## ⚓ **Resources**

<details><summary>Open List</summary><br>

> [All Available Dashboards](https://forum.makerdao.com/t/all-available-dashboards/16104)

> [All Available Guides](https://forum.makerdao.com/t/all-available-guides/16159)

> [Calls Calendar](https://forum.makerdao.com/t/the-calls-calendar/16095)

> [Forum](https://forum.makerdao.com) and [Maker Discord](https://discord.gg/YtBXXYuVDB)

> [Governance Dashboard Tracker](https://www.makerdao-governance-dashboard.com/tracker) | [Google Sheet Version](https://docs.google.com/spreadsheets/d/1LWNlv6hr8oXebk8rvXZBPRVDjN-3OrzI0IgLwBVk0vM/edit#gid=0)

> [Know Your MIP Index](https://forum.makerdao.com/t/know-your-mip-index/6768)

> [Learning Portal](https://community-development.makerdao.com/en/learn/) and [Technical Documentation](https://docs.makerdao.com/)

> [MakerDAO’s Discord Servers](https://forum.makerdao.com/t/makerdaos-discord-servers/16110)

> [MakerBurn](https://makerburn.com/#/rundown)

> [Office Hours List](https://forum.makerdao.com/t/office-hours-list/16162)

> [Participation Tools](https://community-development.makerdao.com/en/learn/governance/participate)

> [Votes and Important Dates Calendar](https://forum.makerdao.com/t/the-votes-and-important-dates-calendar/16096)

</details></br>

### Disclaimer

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