--- tags: Snippets --- # G&R #139 Snippet Domain team updates, Collateral Onboarding, active discussions and more. All the updates from MakerDAO Governance and Risk Call #139 in this `snippet` ## Team Updates ### GovAlpha - [Forum at a Glance](https://forum.makerdao.com/t/forum-at-a-glance-april-23-29/7728) ### Protocol Engineering - Newly ratified Protocol Engineering Core Unit! Yay!🎉 - Will start hosting office hours with Protocol Engineering team on Tuesdays, open to all. - Liquidations 2.0 executive in Kovan with all three ETH collateral types. - Haven't seen anyone utilize Flash Lending capability in Liquidations 2.0, yet. - Looking to get more participation from Keepers, [have some guides out](https://github.com/makerdao/auction-demo-keeper) ### Oracles - Getting ready to post Oracle Core Unit Proposal. - Going to be redeploying all existing UNI-LP Oracles, have been optimized to save gas costs and will be rolled out over the next few weeks - A Dark Feed "Offboarding" will be on tomorrow's executive, as well as adding DeFi saver as a Light Feed (depending on gas cost/size in the exec) - New pricing tool `Gopher` is incoming. Gopher constantly pings data sources for all the price feeds available, rather than fetching all pricing data for a particular asset every time it is needed. - Other tool will be put into production, called `Spire` that enables another P2P solution to back up the Oracle system. - More tolling will be revealed with the Oracle Core Unit proposal. ### Real World Finance - New Silver Vault (RWA-002) has pulled 500,000 DAI. - Will be meeting to discuss concentration of Florida assets in New Silver portfolio. - Looking to onboard up to four Centrifuge Assets. - 6s released new documents, still making process on legal issues - Have been talking about regulations and getting legal firm to audit New Silver Deal. - Surpassed 10M in monthly revenue 🎉 - Reporting coming next week. ### Risk - Preparing to release parameters for the remaining vault types, starting with the 10 remaining non-UNI-LP Vault Types, which will come the following week. - Looking to lower KNC Debt Ceiling to 0, following announcement that the project is moving to a new token. - Preparing for new set of collateral applications, with Sushi-LP tokens next in line. - Did some analysis on ETH-B liquidations from yesterday. Over $16M of ETH was liquidated, netting over 2M DAI in revenue for the protocol with really healthy bids. - Auctions settled on average 4% below market price across 300+ auctions - Isn't a huge amount of Keepers for `flap` auctions, looking to increase participation. ### Operations and Collateral Onboarding - Busy with the transition to the Sustainable Ecosystem Scaling Core Unit - [Operational Support Weekly Update: April 23-29, 2021](https://forum.makerdao.com/t/operational-support-weekly-update-april-23-29-2021/7729) - Don't Miss tomorrow's [OKRs Workshop with Andy](https://forum.makerdao.com/t/core-unit-rituals-01-okrs-workshop-with-andy/7682). ### MIPs ![](https://i.imgur.com/Byj3leM.png) - Congrats to all the new Core Units! ## Other Presentations and Updates - [MIP51](https://forum.makerdao.com/t/mip51-monthly-governance-cycle/7366) will be submitted next month to change the monthly governance cycle structure. - MKR Compensation Working Group will be seeking to put out guidelines rather than rules for vesting, shooting for formal report by end of May. - Discussion of the framework of the weekly Governance and Risk Calls - 6s Update - detailing tests preformed on RWA-001 and legal developments