---
# System prepended metadata

title: 'Weekly Relay: May 10th - 16th, 2022'
tags: [Weekly Relay]

---

---
tags: Weekly Relay
---

# Weekly Relay: May 10th - 16th, 2022

![](https://i.imgur.com/YbeeOC7.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._

###### [Online PDF Version](https://pdfhost.io/v/~XgTd4AEj_Weekly_Relay_May_10_16_2022) | Show some love to our [Medium account](https://medium.com/@MkrGovComms) :heart:

**We have some new ideas for improvement and would appreciate your [feedback](https://forms.gle/nPfNEvrCog9gSF768) to help make the Weekly Relay a more enjoyable publication.**

---
## ![Current Events](https://i.imgur.com/wwIg07f.gif)

**Decentralized Voter Committee**

Citing the decentralization risk inherent in any large system such as a DAO that falls prey to a "complexity spiral"—in which it becomes increasingly difficult for anyone but a full-time professional DAO member to develop and maintain a complete understanding of the inner workings of the DAO and how decisions are made—MakerDAO co-founder @rune has shared his Endgame Plan strategy, which aims to:

1. Establish principles that enshrine radical decentralization and transparency as fundamental pillars for how governance works
2. Create a bounded, immutable scope of Maker Governance it cannot expand beyond to prevent organic complexity growth

The first step of the Endgame Plan is to establish Decentralized Voter Committees, in which MKR holders are provided a "safe space" to air their concerns, discuss their interests, and coordinate on votes. These committees will take the form of transparent, recorded conference calls available both to members of the DAO and to the general public. The [first Decentralized Voter Committee](https://forum.makerdao.com/t/decentralized-voter-committee-on-tuesday-5pm-cest-all-mkr-holders-welcome/15166) took place on Tuesday, May 17th, at 5 pm CEST (3 pm UTC). The video recording will soon be available along with a semi-transcription summary. 

The first Decentralized Voter Committee was designed to serve as "a bit of a test run" and will likely focus on bringing in larger MKR holders, who "have more skin in the game and a larger sway on votes."

A thread for discussing potential topics and ideas for the first meeting is available [here](https://forum.makerdao.com/t/the-mkr-holder-confessional/15164/3).

## ![This Week in Governance](https://i.imgur.com/TZ3kzMK.gif)

### Maker Improvement Proposals (MIPs)

[Weekly MIPs Update #87](https://forum.makerdao.com/t/weekly-mips-update-87/15220) by @gala

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

**Proposals:**
- Five proposals that have been formally submitted for the May Governance Cycle are now entering their second-week on-chain as Ratification Polls. The current leading option is Yes for all of them.
- We have eight active proposals currently in RFC.

**Dates:**
- Ratification Polls will close next Monday, May 23.
- Last day of modifications for Proposals entering June’s Governance Cycle is Wednesday, June 1st.
- June’s Formal Submission Window opens on June 6.

**Resources:**
- RFC and FS Dates for reference and existing proposals can be seen [on this proposal tracker](https://docs.google.com/spreadsheets/d/1OHZa-f4C2Z8PteZBb1Mfiz-MJn5Ky_PM15mM1QLgIRY/).\
- If you have any questions about the voting process at MakerDAO, the [Practical Guide to Voting](https://manual.makerdao.com/governance/voting-in-makerdao/practical-guide-voting) will be useful.

### Executive Vote(s)

[Recognized Delegate Payments, Lowering WBTC Stability Fees, and Onboarding wstETH-B - May 11, 2022](https://vote.makerdao.com/executive/template-executive-vote-recognized-delegate-payments-lowering-wbtc-stability-fees-and-onboarding-wsteth-b-may-11-2022)

This executive proposal passed, and the following changes occurred within the Maker Protocol:

#### Recognized Delegate Compensation

As per [MIP61: Recognized Delegate Compensation](https://mips.makerdao.com/mips/details/MIP61), a total of **79,647 DAI** was distributed to ten Recognized Delegates:

<details><summary>Recognized Delegate Compensation Payments: May 2022</summary><br>

A total of **77,183 DAI** was distributed to nine Recognized Delegates:

| DAI Transferred | Delegate |
| :-------------: | :------: |
| 12,000 DAI | [FlipFlopFlap Delegate LLC](https://vote.makerdao.com/address/0xaf8aa6846539033eaf0c3ca4c9c7373e370e039b) |
| 12,000 DAI | [schuppi](https://vote.makerdao.com/address/0xb21e535fb349e4ef0520318acfe589e174b0126b) |
| 12,000 DAI | [Feedblack Loops LLC](https://vote.makerdao.com/address/0x845b36e1e4f41a361dd711bda8ea239bf191fe95) |
| 10,929 DAI | [MakerMan](https://vote.makerdao.com/address/0x22d5294a23d49294bf11d9db8beda36e104ad9b3) |
| 9,347 DAI | [ACREinvest](https://vote.makerdao.com/address/0x4d3ac33ab1dd7b0f352b8e590fe8b62c4c39ead5) |
| 8,626 DAI | [monetsupply](https://vote.makerdao.com/address/0x45127ec92b58c3a89e89f63553073adcaf2f1f5f) |
| 7,522 DAI | [JustinCase](https://vote.makerdao.com/address/0xcdb792c14391f7115ba77a7cd27f724fc9ea2091) |
| 6,607 DAI | [GFX Labs](https://vote.makerdao.com/address/0xf60d7a62c98f65480725255e831de531efe3fe14) |
| 351 DAI | [Doo](https://vote.makerdao.com/address/0x8804d391472126da56b9a560aef6c6d5aaa7607b#delegate-credentials) |
| 265 DAI | [Flipside Crypto](https://vote.makerdao.com/address/0x84b05b0a30b6ae620f393d1037f217e607ad1b96) |
    
</details></br>

#### Lower WBTC-A and WBTC-B Stability Fees

As per this [governance poll](https://vote.makerdao.com/polling/QmTmehbz#poll-detail) on the latest [proposal](https://forum.makerdao.com/t/parameter-changes-proposal-ppg-omc-001-28-april-2022/14863) from the [MakerDAO Open Market Committee](https://forum.makerdao.com/t/parameter-proposal-group-makerdao-open-market-committee/7355), the following [Stability Fee](https://manual.makerdao.com/parameter-index/vault-risk/param-stability-fee) changes were made in the Maker Protocol:

-   Lowered the WBTC-A [Stability Fee](https://manual.makerdao.com/parameter-index/vault-risk/param-stability-fee) from 3.25% to **2.25%**.
-   Lowered the WBTC-B [Stability Fee](https://manual.makerdao.com/parameter-index/vault-risk/param-stability-fee) from 4.5% to **4.0%**.

#### Onboard wstETH-B as a New Vault Type

As per this [governance poll](https://vote.makerdao.com/polling/QmaE5doB#poll-detail), following this [recomendation](https://forum.makerdao.com/t/introduction-risk-parameters-for-wsteth-c-vault/14669) from the [Risk Core Unit](https://mips.makerdao.com/mips/details/MIP39c2SP2), wstETH-B was onboarded to the Maker Protocol with the following parameters:

*Note that this proposed Vault Type was previously discussed as wstETH-C; however, it will be added under the wstETH-B ilk name to maintain sequential naming conventions as discussed [here](https://forum.makerdao.com/t/ilk-names-versus-display-names-for-vault-types/14759).*

| Parameter | Amount |
| :-------: | :----: |
| Stability Fee | 0.75% |
| Liquidation Ratio | 185% |
| Maximum Debt Ceiling | 150MM DAI |
| Debt Floor | 5,000 DAI |
| Target Available Debt | 15MM DAI |
| Ceiling Increase Cooldown | 8 hours |
| Auction Price Function | Exponential Stair Step |
| Price Change Multiplier | 0.99 |
| Price Change Interval | 90 seconds |
| Auction Price Multiplier | 1.2 |
| Liquidation Penalty | 13% |
| Local Liquidation Limit | 10MM DAI |
| Maximum Auction Drawdown | 0.4 |
| Maximum Auction Duration | 140 minutes |
| Breaker Price Tolerance | 0.5 |
| Proportional Kick Incentive | 0.1% |
| Flat Kick Incentive | 300 DAI |

### Active Governance Polls

*Please, check out the feedback survey mentioned at the head of this publication to help us improve Active Governance Polls.*

There are five active polls:

| Poll Name | Discussion |
| :-------: | :--------: |
| [Raise the ESM Minimum Threshold](https://vote.makerdao.com/polling/QmQgab4a) | [Discussion](https://forum.makerdao.com/t/signal-request-increase-the-esm-minimum-threshold/15006) |
| [Adjust the lid Parameter on the Rate Limited Flapper](https://vote.makerdao.com/polling/QmREdTJK) | [Discussion](https://forum.makerdao.com/t/signal-request-change-lid-parameter-on-the-rate-limiter/14688) |
| [Ratification Poll for Monetalis Clydesdale, Liquid Bond Strategy & Execution](https://vote.makerdao.com/polling/QmXHM6us) | [Discussion](https://forum.makerdao.com/t/mip65-monetalis-clydesdale-liquid-bond-strategy-execution/13148) |
| [Ratification Poll for Monetalis Lusitano, UK Green Economy SME Wholesale Lending](https://vote.makerdao.com/polling/QmS7UyQT) | [Discussion](https://forum.makerdao.com/t/mip68-monetalis-lusitano-uk-green-economy-sme-wholesale-lending/13789) |
| [Ratification Poll for L2-to-L1 Fast Withdrawals](https://vote.makerdao.com/polling/QmWZvSpa) | [Discussion](https://forum.makerdao.com/t/mip69-l2-to-l1-fast-withdrawals/14041) |
| [Ratification Poll for MIP40 Budget Process Amendment](https://vote.makerdao.com/polling/QmXVjbWG) | [Discussion](https://forum.makerdao.com/t/mip4c2-sp19-mip40-budget-process-amendment/14250) |
| [Ratification Poll for Strategic Happiness (SH-001) Core Unit Budget Modification](https://vote.makerdao.com/polling/QmQkxx16) | [Discussion](https://forum.makerdao.com/t/mip40c3-sp67-modify-core-unit-budget-strategic-happiness-sh-001/13805) |

*Check out [May 9th's](https://forum.makerdao.com/t/weekly-relay-may-3-9-2022/15084) issue of Weekly Relay for more information on the most recently concluded polls.* 

### Community Greenlight Polls

*Please, check out the feedback survey mentioned at the head of this publication to help us improve Community Greenlight Polls.*

There is one active community greenlight poll for the week of May 10 - 16, 2022.

| Greenlight Poll | Current Vote Breakdown | Begin Date | End Date |
| :-------------: | :--------------------: | :--------: | :------: |
| [FEI (Fei USD)](https://vote.makerdao.com/polling/Qmbzebcq) | ![](https://i.imgur.com/dBle7zd.png) | May 16th, 2022 at 16:00 UTC | May 30th, 2022 at 16:00 UTC |

_Check out an "at-a-glance" view of the current Vault types and their parameters on [MakerBurn.](https://makerburn.com/#/rundown)_

### Active Signal Requests

**[Request Return of MKR Tokens Inadvertently Sent to Governance Address](https://forum.makerdao.com/t/request-return-of-mkr-tokens-inadvertantly-sent-to-governance-address/15221)**

wingstick_99942 inadvertently sent 3.1994 MKR to the MKR Governance Address and submitted a signal request in hopes of a way to return that MKR to the sender's address. Several Core Unit members and Recognized Delegates stated the unfortunate reality that it is impossible to return MKR from the Governance Address because nobody has keys or control over that address.

**The vote will run until May 30th, 2022**

<details><summary>Here are the current voting results:</summary></br>

![](https://i.imgur.com/nw6VdhB.png)
    
</details></br>

**[Offboard UNI, UNIV2DAIETH, UNIV2WBTCETH, UNIV2UNIETH, and UNIV2WBTCDAI](https://forum.makerdao.com/t/signal-request-offboard-uni-univ2daieth-univ2wbtceth-univ2unieth-and-univ2wbtcdai/15160)**

This signal request was prepared by the CMON (Collateral Management On-chain) initiative and its stakeholders, including different Core Units led by CES. Due to lack, they propose to offboard UNI-A, UNIV2DAIETH-A, UNIV2WBTCETH-A, UNIV2UNIETH-A, and UNIV2WBTCDAI-A of demand and consequent negative cash flow. The main problem with these vault types is pure lack of demand as the underlying assets (ETH, WBTC, and UNI) have relatively high on-chain liquidity. MOMC attempted to make them more attractive by lowering the SF at the end of January, but demand, unfortunately, didn’t increase. Proposed parameters were set in a way where we try to minimize the damage done to existing vault owners while ensuring that sufficient amounts of debt will either be repaid or, less desirable, liquidated with minimal costs for the vault owners.

Proposed parameter changes;

-   Set liquidation penalty to 0%
-   Set debt ceiling to 0
-   Set tip to 0
-   Set duration of dss-lerp for liquidation ratio to 30 days
-   Set the end parameter of dss-lerp for liquidation ratio for each vault type as the following; highest collateral ratio vault within each vault type multiplied by 3, rounded on hundred.

**The vote will run until May 26th, 2022**

Outcomes will either result in on-chain polls assuming the outcomes are yes, or will be reinitiated with different parameters and/or strategies.

<details><summary>Here are the current voting results:</summary></br>

![](https://i.imgur.com/N33oylg.png)

![](https://i.imgur.com/vto2CFx.png)

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

![](https://i.imgur.com/spG84PV.png)

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

</details></br>

**[Launch Maker Teleport with one basis point fee](https://forum.makerdao.com/t/signal-request-launch-maker-teleport-with-1-basis-point-fee/15109)**

Maker Teleport, known until recently as Maker Wormhole, will launch with two key advantages over other asset bridges:

1. Teleport will allow users to withdraw L2 funds at near-instant speeds by side-stepping the need to wait for fraud-proof.
2. Teleport will burn Dai on the origin chain and mint it on the destination chain without any need for a centralized party.

With these features in place, Maker Teleport is expected to be faster and more secure than an existing competitor; even with a one basis point fee, Teleport is estimated to remain 75-99% cheaper than competing protocols. 

While one basis point may seem low, the Strategic Finance Core Unit believes that Teleport will experience strong growth, leading to significant revenues for Maker.

**Teleport Fee Parameters per Domain**

- Set the Arbitrum Wormhole Fee parameter to 1 bp
- Set the Optimism Wormhole Fee parameter to 1 bp

**The vote will run until May 19th, 2022**

<details><summary>Here are the current voting results:</summary></br>

![](https://i.imgur.com/bNR0azc.png)
    
</details></br>

**[Maker Accessing Mortgage loans Through Bacon Protocol](https://forum.makerdao.com/t/signal-request-maker-accessing-mortgage-loans-through-bacon-protocol/15043)**

This proposal from @abdalla requests the onboarding of a Dai Direct Deposit Module (D3M) to create a [Bacon Protocol](https://www.baconcoin.finance/) Dai pool. BaconCoin is a stablecoin backed by US mortgages. Potential benefits include:

-   A single onboarding procedure that can scale both the amount of capital used and the number of home loans over time
-   Broad distribution of Dai to homeowners in the US
-   Higher risk-adjusted yields across a diversified set of home loans
-   Maker selects the underwriting criteria to use, allowing for investing in loans that are highly aligned with Maker's vision of funding sustainability initiatives
-   Bacon will develop and maintain the D3M integration in line with the CES enablement strategy
-   Governance has direct control over the Dai supply added to Bacon through the Debt Ceiling

@abdalla lists smart contract risk as a potential con but also offers two ideas for mitigating risks:

-   Whitelisting addresses with deposit functionality can reduce exploit risk (Maker would be the only liquidity provider)
-   Credit risk assessment of borrowers can be performed by loan originators using the industry-standard FICO score

**The vote will run until May 19th, 2022**

<details><summary>Here are the current voting results:</summary></br>

![](https://i.imgur.com/7lcdipw.png)
    
</details></br>

**[Increase the ESM Minimum Threshold](https://forum.makerdao.com/t/signal-request-increase-the-esm-minimum-threshold/15006)**

GovAlpha submitted a Signal Request to gauge support for increasing the minimum threshold to trigger the Emergency Shutdown Module (ESM) from 100,000 MKR to 150,000 MKR.

GovAlpha recommends this adjustment to minimize the threat of a hostile emergency shutdown occurring. With the recent fall in the MKR price, triggering an emergency shutdown has become significantly cheaper based on the current minimum threshold.

The goal is to find the right balance between making it very expensive for a bad actor to acquire or borrow enough MKR to trigger an emergency shutdown without making it overly difficult for a legitimate emergency shutdown to be triggered if necessary (for example, in response to the discovery of a critical bug in the Maker Protocol or the prevention of a malicious governance attack).

**The vote will run until May 20th, 2022**

<details><summary>Here are the current voting results:</summary></br>

![](https://i.imgur.com/QZlHGwd.png)
    
</details></br>

**[Antalpha Institutional Vault](https://forum.makerdao.com/t/signal-request-antalpha-institutional-vault/15030)**

@William_Chiu has compiled recent discussions between the Growth, Risk, and Protocol Engineering Core Unites and [Antalpha](https://www.antalpha.com/) to propose a new institutional vault.

<details><summary>The post outlines both the goals of the proposal and the mechanisms for achieving them.</summary><br>

**Goals**

-   Boosting DAI Supply
-   Generating greater revenue for MakerDAO and our partners
-   Enhancing capital efficiency for our partners
-   Longer-term borrowing commitment with a level of borrowing rate-predictability

**Mechanisms**

-   Boosting DAI Supply
-   Generating greater revenue for MakerDAO and our partners
-   Enhancing capital efficiency for our partners
-   Longer-term borrowing commitment with a level of borrowing rate-predictability-   Origination fee: will be applied to all DAI at the time of minting. This is not restricted and is open to change via Governance (specifically the Parameter Changes Proposal group). Meaning that any partner will have a lead time of 2-3 weeks before any changes are implemented.
-   Stability fee: is determined upfront and fixed for a period of time. This fixed rate can be reduced as additional collateral is added.
-   Vault starting size: to ensure that such vaults will mint a minimum amount of DAI to gain favorable rates.
Antalpha intends to utilize a DAI loan to strengthen the stable coin portion of the balance sheet to support one of its primary lending and borrowing businesses. Antalpha will take on collateral at a higher level than the level borrowing from DAI to implement proper credit risk management and utilize systems and algorithmic trading to facilitate managing the loans and collateral.

**Proposed Terms**

| Institutional Vault Type | Permissioned ETH and wBTC Vaults (INST-WBTC-5, INST-ETH-5) |
| :---: | :---: |
| Qualifying Vault size: | 200MM |
| Debt Ceiling | 1B, 500MM for ETH, and 500MM for wBTC |
| Origination fee: | 1% of DAI minted |
| Origination fee behavior: | Origination fee is not restricted and can be changed through Governance via a Parameter Changes Proposal. Antalpha has a 2-3 week lead-time to any Origination fee rate change. |
| Origination fee future commitments | Maker and Antalpha will work together to propose reductions to the origination fee if the vault size grows significantly. |
| Stability fee: | WBTC-A stability fee1 - 50bps & ETH-A stability fee2 - 50bps |
| Stability fee3 behavior: | Fixed for six months. After the 200m DAI minted, an additional 100m DAI minted will reduce the stability fee by ten basis points (per vault) to a minimum of Stability fee-30bps for six months. The stability fee reduction will be manual via an executive vote. After six months, open community dialogue facilitated by the Growth CU will determine ongoing stability fees. |
| Collateral Ratio: | 150% |
| Collateral Ratio Behavior: | Failure to maintain 200% CR4 over the majority of seven days will increase the SF to 5% and the LR to 150%. The seven days would be calculated by ensuring that 95% of the OSM updates show that the CR is equal to or greater than 200%. |
| Liquidation Ratio: | 120% |

Here are the current voting results:

![](https://i.imgur.com/liPmP3W.png)

</details></br>

**The vote will run until May 19th, 2022**

## ![Meetings and Events](https://i.imgur.com/UCFtV9r.gif)

**Last Week's Call Recordings:**

- Governance & Risk: Episode 190 | [Video](https://youtu.be/jK2VtNUHuGE) | [Forum](https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbFBzM0NNWVUyT3VVODBvTE9TYjhlM0VFb0w3d3xBQ3Jtc0trSjdtV09HeHBUUUtpWldKaV9oMFZPN0hkRXN5elhEN3lSd2h1UnhoUHNWWVBRcXVMSzUtMlplOFdkbGRUQndQSjhPVm9TOG9yaU1DQ1B3N3oyV1JLZVc5YlU2dUNhNXhfNU1DTGNuTmZueHNVdjFBTQ&q=https%3A%2F%2Fforum.makerdao.com%2Ft%2Fgovernance-and-risk-190-thursday-may-12-at-17-00-utc%2F15106&v=jK2VtNUHuGE)
- Collateral Onboarding Call #43 | Fei & Rari Pools Use Cases
    - [video](https://www.youtube.com/watch?v=6pvggvsHpv0) | [Forum](https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqa3lVOUZiSXNETFEyVVpKMEdQS0k0cjc3LTg2QXxBQ3Jtc0ttUkdweV94dHY5RTZnbXpJMmdHT2dWaDZvdTE0QkVHQjBiYlh1cEFaa0wyc1h3M3c3dlZ1bjJuczJsUlJET3Qta0N2QV9uVmlmQzdKcUpqd3dqdGRqcWF2YUNQa2k3eUV3Ry1FdHdKSGV2OWhBdnd3VQ&q=https%3A%2F%2Fforum.makerdao.com%2Ft%2Fcollateral-onboarding-call-43-fei-rari-pools-use-cases%2F15009&v=6pvggvsHpv0)
- Collateral Onboarding Call #42 | Monetalis MIP65 & MIP68 AMA
    - [video](https://www.youtube.com/watch?v=Zm9_RYBv68g) | [Forum](https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbUJPYlBwOGpHaFN3MXFJMjdrZXR2Mmp0bklwUXxBQ3Jtc0tscm55dEhoRnZEcEVDU1dZYmJidGl0ZmRZeTFZYWFwclVYcVpzMUxveWctWDIwbHVrWDhWeHNNSWx5c3pWaXdtandXNXA0cEpkQVhxZGU0Sm5sdWotMXZXV0JmNG94QW1wZmctQkxydXlvOXRUNEV4Zw&q=https%3A%2F%2Fforum.makerdao.com%2Ft%2Fcollateral-onboarding-call-42-monetalis-mip65-mip68-ama%2F14829&v=Zm9_RYBv68g)

**Upcoming Calls:**

- Meet Your Delegate #12 - London Business School (LBS)
    - [Forum](https://forum.makerdao.com/t/meet-your-delegate-12-london-business-school-lbs/15218) | [Join Link](https://us02web.zoom.us/j/81440375268?pwd=GwPHyS5sNota-EOXOwxinf8cpOPBnu.1) [date=2022-05-25 time=18:30:00 timezone="Etc/UTC"]

Governance & Risk Call:
- [Join Link](https://zoom.us/j/697074715) | [Agenda](https://forum.makerdao.com/c/governance/gnr/8) - Thursdays at 17:00 UTC 

</details>

<details><summary><b>Core Unit Office Hours</b></summary><br>

- [Join Link](https://us02web.zoom.us/j/82603350722?pwd=RThleVo5QlBRT1FuOWxiRCs3K0k2Zz09) | GovAlpha Governance Q&As - Mondays 17:00 UTC
- [Join Link](meet.google.com/frj-vpji-huc) | Immunefi Security - Tuesdays 00:00 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 15:00 UTC
- [Join Link](https://us02web.zoom.us/j/85252786103?pwd=bEZaZXdEcGlSWWd5bmpxMDBvVjdEUT09) | Sustainable Ecosystem Scaling - Tuesdays 15:30 UTC
- [Join Link](https://meet.google.com/sap-nttu-xga) | Growth - Wednesdays 17:00 UTC
- [Join Link](https://meet.google.com/kwf-qayf-xdq) | Real World Finance - Wednesdays 17:00 UTC 
- [Join Link](https://meet.google.com/nio-jrqq-guu) | Governance Communications - Fridays 18:00 UTC

</details>

## ⚓ Useful Links

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

[Forum](https://forum.makerdao.com) and [Maker Chat](https://chat.makerdao.com)
Discuss and debate MakerDAO.

[Call Calender](https://calendar.google.com/calendar/u/0?cid=bWFrZXJkYW8uY29tXzNlZmhtMmdoaXBrc2VnbDAwOWt0bmlvbWRrQGdyb3VwLmNhbGVuZGFyLmdvb2dsZS5jb20) | [Votes & Event Calendar](https://calendar.google.com/calendar/embed?src=bdf4un05hpg0611lg3ieue4t3c%40group.calendar.google.com&ctz=America%2FNew_York)
Subscribe to both for all public calls, votes, and other reminders.

[Participation Tools](https://community-development.makerdao.com/en/learn/governance/participate)
Library of useful links for stakeholders: protocol analytics, DAI analytics, collateral & liquidation metrics, governance history, and auction data.

[Governance Portal](https://makerdao.com/en/governance)
Voting dashboard for MKR voters.

[MIPs Portal](https://mips.makerdao.com/mips/list)
MIPs dashboard for everyone.

[Learning Portal](https://community-development.makerdao.com/en/learn/) and [Technical Documentation](https://docs.makerdao.com/)
Learn more about the Maker protocol.

</details>

###  🎙️ Have Feedback?

We value your input! Take our [survey](https://survey.sogosurvey.com/r/OBV0Y7) to let us know what we might be missing or how to do better.

*Disclaimer: This update is assembled by a group of contributing 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.*

##### Credit

@nothsa and @Artem_Gordon
