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# System prepended metadata

title: 'G&R #149 Snippet'
tags: [Snippets]

---

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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)
