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# System prepended metadata

title: 'Weekly MIPs Update #120'
tags: [WMsU]

---

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tags: WMsU
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# Weekly MIPs Update #120

![](https://i.imgur.com/kJBafgk.jpg)

## January's Ratification Polls are now Up and Running :ballot_box_with_ballot: 

Fifteen Ratification Polls went up today and will run until Monday 23<sup>rd</sup>:

|Code and Title|Summary|Voting Portal|
|--|--|:-:|
| MIP92: Onboard PSM USCD to Yearn to earn Yield | This SPF requests 5 million DAI for establishing a Defense Fund which will have the purpose of reimbursing legal defense expenses incurred by active participants of MakerDAO in case they are the target of legal or regulatory action. | [Link](https://vote.makerdao.com/polling/Qma4jEPY) |
| MIP4c2-SP28: Amend MIP51 to Remove MIP51c4 (Calendar Exceptions) | The December exception in MIP51 has been made in a time with huge problems on getting anything done in the Maker on-chain governance. This amendment removes the December exception so we can continue to govern the protocol without a break. | [Link](https://vote.makerdao.com/polling/QmSNy5NT) |
| MIP4c2-SP29: Amend MIP61 to tighten up Recognized Delegate Participation Metrics |This amendment proposes two changes to the Recognized Delegate Compensation MIP. (i) Setting a minimum threshold of non-abstaining votes for compensation eligibility and (ii) increasing the participation requirements in the case of executive votes. This Ratifcation Poll uses Ranked Choice Voting.| [Link](https://vote.makerdao.com/polling/Qmd2W3Q4) |
|MIP4c2-SP31: MIP63 Maker Keeper Network Amendment| This amendment to MIP63 defines more strictly how payments are sent and buffers reported. Furthermore, it makes stream durations explicit (versus the current implicit 6-month duration). Finally, the amendment makes it possible for the sequencer to set custom windows per network. | [Link](https://vote.makerdao.com/polling/QmRswbkm) |
|MIP4c2-SP32: Remove MIP14c4 (Protocol DAI Transfer Ceiling)| MIP14c4 places a cap on the total amount of DAI that can be distributed through MIP14. Rather than dealing with sequential subproposals to raise the Protocol DAI Transfer Ceiling, or setting it to an arbitrarily high number that renders it useless, it makes more sense to simply remove this restriction.| [Link](https://vote.makerdao.com/polling/QmPHFiYP)|
|MIP4c4-SP2: MIP14 Repeal |In an effort to simplify the growing body of DAO governance processes and policies, this subproposal repeals MIP14 in its entirety due to obsolescence. | [Link](https://vote.makerdao.com/polling/QmQvR5vt)|
|MIP4c4-SP3: Obsolete MIP Removal (MIP23, MIP28)|This subproposal removes MIP23 and MIP28 as the Domain framework they define has been superseded.|[Link](https://vote.makerdao.com/polling/QmS1UCGY)
| MIP13c3-SP13: Declaration of Intent to Develop a Comprehensive On-chain Monitoring Solution for RWA Vaults| Current RWA monitoring is lagging behind as much as 13 months in the case of New Silver. MakerDAO is scaling up RWA vaults for yield and diversification. We need to develop maximum transparency around that.| [Link](https://vote.makerdao.com/polling/QmaKWQtf) |
|MIP14c2-SP1: Requesting Protocol DAI Transfer to fund TechOps CU for February 2023 |This amount will sustain the team, critical infrastructure, tools and services through the month of February.|[Link](https://vote.makerdao.com/polling/QmUMnuGb)|
|MIP14c2-SP2: Protocol DAI Transfer to Fund IS-001 from Dec 2022 to May 2023 |This amount will sustain the team and services through May by which point we anticipate dissolving as a Core Unit and becoming an EndGame ecosystem actor.|[Link](https://vote.makerdao.com/polling/QmbHM3fr)|
|MIP39c3-SP7: Core Unit Offboarding (COM-001)|This is an offboarding proposal for the GovComms Core Unit that includes both a golden parachute based on salary for the two permanent Core Unit members and retroactive MKR compensation for all contributors. Retroactive MKR compensation is denominated in DAI.|[Link](https://vote.makerdao.com/polling/QmV9iktK)|
| MIP55c3-SP13: Commercial Risk and Legal Domain Work to Support SF-001 Expanded Mandate Related to RWAs|This SPF requests a 209K DAI transfer to support the expanded SF-001 mandate regarding RWAs. |[Link](https://vote.makerdao.com/polling/QmTjgcHY) |
|MI55c3-SP14: Defense Fund| This SPF requests 5 million DAI for establishing a Defense Fund which will have the purpose of reimbursing legal defense expenses incurred by active participants of MakerDAO in case they are the target of legal or regulatory action.| [Link](https://vote.makerdao.com/polling/QmUbqKMy) |
| MIP63c4-SP5: Onboard-Amend Keeper Network - Chainlink Automation| Chainlink Automation enables decentralized, cost-efficient, and highly secure automation for smart contracts.|[Link](https://vote.makerdao.com/polling/QmXeWcrX)|

## Proposals in RFC :mag: 

Here's a non-exhaustive list of proposals in RFC, open to feedback and suggestions.

| Code and Title | Impact ([?](https://forum.makerdao.com/t/introducing-impact-estimations/14267)) | Author(s) |
|--|--|--|
| [MIP90: Liquid AAA Structured Credit & Money Market Fund](https://forum.makerdao.com/t/mip90-liquid-aaa-structured-credit-money-market-fund/18428) | High | @BlockTower |
| [MIP91: Defender Contract Against Governance Attacks](https://forum.makerdao.com/t/mip91-defender-contract-against-governance-attacks/18534) | High | @AstronautThis  1t |
| [MIP93: Utilizing Hats Protocol](https://forum.makerdao.com/t/mip93-utilizing-hats-protocol/19088) | High | @Prose11 |
| [MIP94: Implement a Feature to Refund People who Lost Money Sending Dai to the Dai Contract Address](https://forum.makerdao.com/t/mip94-implement-a-feature-to-refund-people-who-lost-money-sending-dai-to-the-dai-contract-address/19227) | High | @Galaxy1 |
|[MIP4c2-SP30: Amend Interim Facilitator Appointment Process](https://forum.makerdao.com/t/mip4c2-sp30-amend-interim-facilitator-appointment-process/18951)|High|@LongForWisdom|
|[MIP4c2-SP32: Remove MIP14c4](https://forum.makerdao.com/t/mip4c2-sp32-remove-mip14c4-protocol-dai-transfer-ceiling/19093)|Medium|@Patrick_J|
| [MIP13c3-SP13: Declaration of Intent to Develop a Comprehensive On-chain Monitoring Solution for RWA Vaults](https://forum.makerdao.com/t/mip13c3-sp13-declaration-of-intent-to-develop-a-comprehensive-on-chain-monitoring-solution-for-rwa-vaults/19095)| High | @rspa |
| [MIP74c1-SP1: Restart a $100/day Micro-Burn of MKR in Show of Good Faith to MKR Holders](https://forum.makerdao.com/t/mip74c1-sp-restart-a-100-day-micro-burn-of-mkr-in-show-of-good-faith-to-mkr-holders/19027)| High | @Leritu |
|[MIP40c3-SP88: TechOps Core Unit DAI Budget](https://forum.makerdao.com/t/mip40c3-spxx-techops-core-unit-dai-budget/19017) | High | @simonkp |
|[MIP41c4-SP40: Onboarding Nik0 as CES-001 Facilitator](https://forum.makerdao.com/t/mip41c4-sp40-onboarding-nik0-as-ces-001-facilitator/18887)|High| @juan 


More incipient RFC proposals can be found under the [forum RFC subcategory](https://forum.makerdao.com/c/mips/rfc/15).

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## Help!

For anything MIP-related: reach out to @MIP-editors.

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## Pre-MIP Discussions

* [BFF Partnership with GnosisDAO](https://forum.makerdao.com/t/bff-partnership-with-gnosisdao/15969)
* [Increasing MIP Efficiency Community Poll](https://forum.makerdao.com/t/increasing-mip-efficiency-community-poll/15773)
* [Anti-inflationary Proposal](https://forum.makerdao.com/t/anti-inflationary-proposal/13928)
* [Auction-backed DAI](https://forum.makerdao.com/t/auction-backed-dai/13011/11)
* [IAM for Surplus Buffer](https://forum.makerdao.com/t/premip-iam-for-surplus-buffer/11584)
* [Proposal Ideas on the Forum](https://forum.makerdao.com/c/mips/proposal-ideas/21?order=activity)