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# System prepended metadata

title: 'G&R #156 Snippet'
tags: [Snippets]

---

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tags: Snippets
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# G&R #156 Snippet

Domain team updates, Collateral Onboarding, active discussions, and more. All the updates from MakerDAO Governance and Risk Call #156 in this `snippet.` 

## Team Updates

### GovAlpha

[GovAlpha Weekly Update](https://forum.makerdao.com/t/govalpha-weekly-update-2021-08-26/10034)

*Governance:*
- No new executive this week.
- [Current executive](https://vote.makerdao.com/executive/template-executive-vote-vault-onboarding-6s-updates-and-reducing-vault-liquidation-ratios-august-20-2021?network=mainnet#proposal-detail) from last week is still live.
- Three community greenlight polls are still active from last week.

*GovAlpha Core Unit:*
- LongForWisdom on vacation so [everything is fine](https://i.imgur.com/7udD8y2.jpg)
- Synced up with DUX to go over how GovAlpha uses the Voter Portal and what tools and additions could help GovAlpha
- Sebix working on the forum organization task, classifying the many tags and finding new Discourse Plug-ins to make finding information more accessible.
- Delegation is showing up strong this week, with 2 Executives passed and over 55k MKR delegated to our Recognized Delegates.

### Forum

[Forum at a Glance: August 20-August 26](https://forum.makerdao.com/t/forum-at-a-glance-august-20-26/10032)

### Protocol Engineering

- Notes (Derek sending in a few) zzzzz... think he fell asleep

### Risk

- [Vault protection analysis](https://forum.makerdao.com/t/maker-vault-liquidation-protection-analysis/10026) posted today:
    - Plan is to track these metrics in time, automated dashboards.
    - Combine these metrics with vault's DAI borrowed utilization data we started collecting.
    - Short to Midterm goal: assign risk scores to Maker's vault owners and track scores in real-time.
- Polygon 100m treasury loan offer with terms included sent to Polygon team, awaiting feedback.
- Plan to create a framework for institutional and treasury type of permissioned loans.
- Proceeding with Nexo institutional vault risk evaluation, but first awaiting feedback from the community on loan terms.
- KNC-A offboarding parameters posting soon.
- Post following on final timeline and steps regarding other collateral offboarding.

### Oracles 

- New Balancer pool for stETH and ETH provides another place to query staked ETH price, not just one.
    Adding the LP token for stETH and ETH in curve would align well with `cropjoin`. Since 'cropjoin' hasn't been utilized, this may be an opportunity to maximize rewards on stETH, curve, and LIDO rewards.
- Core unit internal discussions: products and expansion. 
    - Primary focus is other L1s and L2's. We are evaluating things like Optimism, Arbitrum, and some L1s like Solana Avax, etc. 
    - Anything EVM compatible is easier. Non-EVM compatible requires contractors or working with those teams to port oracle contracts over—plenty of collaboration opportunities.
- Another discussion: Bridges. 
    - Optimism fast Dai withdrawal requires an oracle. 
    - Potential to create a standard for router contracts on every chain that works like message handlers. It's many to many compatible.
    - Since it looks to be a cross-chain world, bridges will be a great product. Additionally, the economics are better since you don't have to push prices continuously. Charging margin on transaction costs is locked in profit.

### Real-World Finance

- Matt Robinowitz gives everybody a huge thanks for everyone's support for 6S.
- 6S executive passed.
- Risk assessment of Solar X thanks to Christian.
* Gov Poll expected on Monday.
* [SolarX Collateral Onboarding Risk Assessment](https://forum.makerdao.com/t/solar-x-collateral-onboarding-risk-assessment/9977).
- Financial analysis of the institutional vaults by Mark.
* [Institutional Vaults Economic Terms](https://forum.makerdao.com/t/institutional-vaults-economics-terms/9989).
- Expanding the team.
* Partnership with JST Capital.
* Luca (@luca_pro) will work on an audit on FortunaFi.
* Full-time position to be onboarded.

### Growth

[Growth CU weekly update](https://forum.makerdao.com/t/growth-cu-weekly-update-august-20-26/10029)
- Growth follows the partnership strategy created by Greg in the Foundation times.
- We will be helping [BanklessDAO](https://twitter.com/banklessDAO) to create a proposal that will bring to Maker a team that will help us create and propagate the Maker message.
- Loopring will launch EthPort, which will provide cheap L2-L1 composability. EthPort allows users to interact with Maker directly from Loopring L2.
- We joined forces with the DUX team and started having conversations with the leading custodial solutions to integrate the Voting Delegation system to increase participation in the Maker governance.
- Tokocrypto will list DAI next week against major cryptos, and then DAI/BIDR (Indonesian Fiat) will be listed later.

### Content Production

[Content Production Bi-weekly Update](https://forum.makerdao.com/t/content-production-bi-weekly-update-8-5-8-18/9943)



### Sustainable Ecosystem Scaling

- Incubation:
    - Presentation -> Last week! by @lollike
- DUX going live!
    - MIP Set in RFC.
- Immunefi joins the SES Incubator!
- Presentation -> Tomorrow @14:30 UTC ! by @sidestream
- Last Week:
    - 18.08 MIP6: Cauris Global Fintech Fund.
- Yesterday:
    - 25.08 Focus On: Deco Protocol.
- Upcoming:
    - 01.09 CULPS: Starknet @louismerkle
    - 08.09 CULPS: Strategic Happiness @burban
    - 15.09 CULPS: DUX Core Unit @dux-team!

### MIPs

- [MIPs Update #50](https://forum.makerdao.com/t/weekly-mips-update-50/9992)
- The Ratification Polls for August just closed. Go check out the results!
