G&R #149 Snippet

--- tags: Snippets --- # G&R #149 Snippet Domain team updates, Collateral Onboarding, active discussions, and more. All the updates from MakerDAO Governance and Risk Call #149 in this `snippet.` ## Team Updates ### GovAlpha [GovAlpha Weekly Update](https://forum.makerdao.com/t/govalpha-weekly-update-2021-07-08/9255) - Onboarding continues with new contributors and increased participation - New version of the [MIPs portal](https://mips.makerdao.com/mips/list?&search=). Check it out! - LongForWisdom has published the [GovAlpha Quarterly Q2 Review.](https://forum.makerdao.com/t/govalpha-quarterly-review-q2-2021/9228) - One Community Greenlight Poll is live for the [0x-BTC token](https://vote.makerdao.com/polling/Qmd5WNP1?network=mainnet#poll-detail). - Last week's [executive](https://vote.makerdao.com/executive/template-executive-vote-rates-changes-july-core-unit-budgets-and-psm-dc-iam-july-2-2021?network=mainnet#proposal-detail) has not yet passed. Go vote! ### Forum [Forum at a Glance: July 2nd - July 8th](https://forum.makerdao.com/t/forum-at-a-glance-july-2-8/9251) ### Protocol Engineering #### Collateral Types: - MATIC Technical Evaluation: they promptly removed admin access (well done, Sam!) - StakedETH ongoing discussion pending Oracle implementation. - G-UNI token review [GUNI-DAI-USDC](https://forum.makerdao.com/t/guni-dai-usdc-erc20-token-smart-contract-technical-assessment/9139) #### Contract work: - Adding DssFlash and DssVest to Dss-interfaces. - DssVest code tidyup (bug found by Certora). - Keeper implementation of Uniswap V2 LP tokens. - CropJoin, enhancements to support UI functionality. - ClipperCallee implementation for SushiJoin. #### In Review: - L2 DAI Certora Spec: reviewing permit functions. #### Ongoing discussions: - Institutional/Permission Vaults. - Testnet status: Goerli in the lead. #### Forum Posts: - [ESM Postmortem](https://forum.makerdao.com/t/esm-governance-permission-revocation-bug-postmortem/9205) #### L2 work (Kris): - DAI bridge to Optimism is up. Official announcement coming in the next few days. - Arbitrum's basic version of the bridge is working, which includes testing and potential rewriting of the Kovan implementation. - Vote delegation is available on Kovan and mainnet. ### Oracles - Accusations on Twitter are not true! - Began shipping the LibP2P integration to the Kovan testnet. *Scuttlebutt* was previously a centralized point of failure. Now we have both operating in parallel. Feeds will push prices to both networks, and relayers can pull from both. Roll out will last two weeks. - Have been reviewing oracle assessments for MATIC, SolarX, stETH tokens, and the D3M module. Will get some of these out by tomorrow. - Oracle CU is finalizing the relationship with the payroll processor for setting up entities for the CU. Looking into the hiring process and filtering through candidates. - Hoping to have the CU fully operational by the end of the month. ### Risk - Focused on the D3M risk assessment, which is finalized and in internal review. Currently discussing the DC for D3M. - Risk assessment report is published, which compares various sides of risk. - Institutional Report discussing origination fee, which has certain positive effects on the buffer and DAI peg that may attract organic borrowers. - Planning future collateral risk assessments that have been backlogged. ### Real World Finance [Real-World Finance Core Unit Report](https://forum.makerdao.com/t/real-world-finance-core-unit-report-2021-06/9074) - NewSilver asks for a DC increase to 20 million DAI. - Centrifuge assets may be on executive next Friday. - Published SolarX preliminary risk assessment on disbursement and loan terms. - Published Foundation and Trust RWA legal structure work, which should add flexibility to the CU. - Two large corporation companies showing interest and demand into RWA and loans. - Published an [overview prudential treatment of crypto-asset exposures.](https://forum.makerdao.com/t/prudential-treatment-of-cryptoasset-exposures/9258) ### Growth [Growth CU weekly update](https://forum.makerdao.com/t/growth-cu-weekly-update-july-2-july-8/9256) - Speaking with [Thorchain](https://thorchain.org/) about integrating Dai. Discussing various solutions and options available to implement this, which will contain an extended analysis posted soon. - Now part of the [Enterprise Ethereum Alliance](https://entethalliance.org/) (EEA). We will use this channel to communicate about what MakerDAO is doing. - [Marble cards Arena](https://blog.meme.com/2021/07/02/the-2021-marbled-summer-event-with-makerdao/) will launch next week, which converts your favorite forum post or executive vote into an NFT and play with it. - Posted a P/L for June 2021. It can be found in the Growth CU weekly update. ### Sustainable Ecosystem Scaling - Had an offsite where we discussed strategies and roadmaps for the SES CU. - Postponed the potential [budget modification](https://forum.makerdao.com/t/mip40c3-sp10-modify-core-unit-budget-ses-001/7369) until the next Governance cycle. - Lenkla presenting project X-Ray, which will be in the public drive. - Will be attending the [EthCC event](https://ethcc.io/) with the Growth CU in Paris - Helping Foundation with MIPs publishing regarding asset protection. - Scheduled a KYM session for B.Protocol for July 11th. ### Content Production - [Content Production Bi-Weekly Update: June 25 - July 7, 2021](https://forum.makerdao.com/t/content-production-bi-weekly-update-june-25-july-7-2021/9257) - [Mascot art contest](https://forum.makerdao.com/t/art-contest-dragon-vs-capybara-a-mascot-for-makerdao/9059) is live! - We are welcoming Kat Obermeyer to the team! (and back to MakerDAO writ large) - Next quarter's [budget](https://forum.makerdao.com/t/mip40c3-sp21-modify-core-unit-budget-mkt-001/8427) has been moved to formal submission. - Performed an informal audit for video work of the top projects being done. - Primary focus at the moment is on Governance and tech-related content. - [AMA with Robert Jordan](https://forum.makerdao.com/t/ama-collateral-engineering-with-robert-jordan-monkey-irish/8967) about the Collateral Engineering Services CU. - AMA with Davidutro next Friday about the Governance Communication CU. Yay! ### MIPs - [Weekly MIPs Update #43](https://forum.makerdao.com/t/weekly-mips-update-43/9190) - Formal submissions for July have all been concluded. - [MIP56: Alternative MKR Compensation Guidelines](https://forum.makerdao.com/t/mip56-alternative-mkr-compensation-guidelines/9230) posted by Aes ![](https://i.imgur.com/W7Oz9Mp.png)