---
# System prepended metadata

title: 'Weekly MIPs Update #100 :dancer: :dancer: :dancer:'
tags: [WMsU]

---

---
tags: WMsU
---

# Weekly MIPs Update #100 :dancer: :dancer: :dancer: 

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

## Ratification Polls Enter their Second Week

We've had six Formal Submissions for the August Governance Cycle; they are now entering their second week. This is how the votes are looking:

| MIP | [Impact Estimation](https://forum.makerdao.com/t/introducing-impact-estimations/14267) | Ratification Poll |
|:-|:-:|:-:|
|[MIP4c2-SP15: Core Unit Offboarding Process Amendments](https://forum.makerdao.com/t/new-mip4c2-sp15-core-unit-offboarding-process-amendments/15291)<br/><br/><details>_"These changes are an attempt to make processes more transparent and orderly. In addition, edits to MIP38, MIP39, and MIP41 fill in process gaps, or streamline them, with additional documentation and/or templates. This comprehensive set of changes should inspire substantive discussion surrounding an offboarding proposal prior to a vote. It will also make tracking and editing Core Unit MIPs simpler."_</details> | `Medium` | ![](https://i.imgur.com/p6JaGGM.png) [Voting Portal](https://vote.makerdao.com/polling/QmbBh8t4) |
|[Events Core Unit (EVENTS-001) offboarding proposal set](https://forum.makerdao.com/search?expanded=true&q=tags%3Acu-offboarding%2Bevents-001)<br/><br/><details>_This set of proposals offboard the Events Core Unit (EVENTS-001)._</details> | `High` | ![](https://i.imgur.com/tCmwBFl.png)[Voting Portal](https://vote.makerdao.com/polling/QmTNaLnY) |
|[MIP40c3-SP75: Modify Oracles Core Unit Budget, ORA-001](https://forum.makerdao.com/t/mip40c3-sp75-modify-oracles-core-unit-budget-ora-001/16397)<br/><br/><details>_"MIP40c3-SP75 renews the Oracle Core Unit ORA-001 budget from July 1 2022 through June 30 2023."_</details> | `High` | ![](https://i.imgur.com/mO5NYHw.png)[Voting Portal](https://vote.makerdao.com/polling/Qma3P8v9) |
|[MIP76: MakerShire Redux](https://forum.makerdao.com/t/mip76-makershire-redux/16400)<br/><br/><details>_"Makershire Redux is a 10M pool allocated across Liquidity Pools to support DAI liquidity/utility and earn yield."_</details> | `High` | ![](https://i.imgur.com/O0vKgxo.png)[Voting Portal](https://vote.makerdao.com/polling/QmTYQskE) |
|[MIP40c3-SP74: Modify DAI Foundation Core Unit budget (DAIF-001)](https://forum.makerdao.com/t/mip40c3-sp74-modify-dai-foundation-core-unit-budget-daif-001/16379)<br/><br/><details>_"This Budget Proposal for DAI expenses aims to fund the activities of the DAI Foundation Core Unit (DAIF-001) as described in [MIP39c2-SP17 adds Core Unit DAIF-001: Dai Foundation](https://mips.makerdao.com/mips/details/MIP39c2SP17). This budget is necessary to fund DAIF-001 activities in its second budget year."_</details> | `High` | ![](https://i.imgur.com/1mwLKNE.png)[Voting Portal](https://vote.makerdao.com/polling/QmQJ9hYq#vote-breakdown) |
|[MIP4c2-SP23: MIP50 Direct Deposit Module Amendment](https://forum.makerdao.com/t/mip4c2-sp23-mip50-direct-deposit-module-amendment/16387/1)<br/><br/><details>_"MIP50 was too specific to lending protocols. I’ve updated it for the V2 rewrite which covers all external protocols that allow users to deposit / withdraw DAI. I’ve updated the MIP to remove details of the targeting mechanism as that is no longer important."_</details> | `High` | ![](https://i.imgur.com/VK9eMeb.png)[Voting Portal](https://vote.makerdao.com/polling/QmWYXAdd) |

Ratification Polls will close on August 22<sup>nd</sup>. Please, cast your votes before the closing date.


## Proposals in RFC :pencil:

> <sub>:calendar: --- RFC and FS Dates for reference and for existing proposals can be seen [on this **proposal tracker**](https://docs.google.com/spreadsheets/d/1OHZa-f4C2Z8PteZBb1Mfiz-MJn5Ky_PM15mM1QLgIRY/).</sub>
> <sub>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.</sub>

Proposals in RFC galore! Please don't feel too overwhelmed, though: Many of these you probably know by heart already; as for most of the others, there's still plenty of time to review them.

<sub>Newest additions to the proposals in RFC have been placed at the top of the table and marked with :new:.</sub>

| MIP | Author | [Impact Estimation](https://forum.makerdao.com/t/introducing-impact-estimations/14267) | Summary |
|:-|:-:|:-|:-:|
|:new: [MIP55c3-SP7: Special Purpose Fund for The Ambassador Program](https://forum.makerdao.com/t/mip55c3-sp7-special-purpose-fund-for-the-ambassador-program/17169)<br/><br/><details>_This subproposal aims to allocate 81,000 DAI to the Ambassador Program._</details>|@kat|`High`| TBD |
|:new: [MIP55c3-SP6: Legal Domain Work on Greenlit Collateral (bIBTA) Special Purpose Fund](https://forum.makerdao.com/t/mip55c3-sp6-legal-domain-work-on-greenlit-collateral-bibta-special-purpose-fund/17166)<br/><br/><sub>:information_source: This subproposal is eligible to enter the Weekly Governance Cycle, as per [MIP55](https://mips.makerdao.com/mips/details/MIP55).</sub><br/><br/><details>_SPF to request 50k DAI advance for legal expenses relating to domain work in the context of greenlit bIBTA application._</details>|@adcv|`High`| TBD |
|:new: [Core Unit Onboarding: RWF-0x Splitting Off RWF-001](https://forum.makerdao.com/search?expanded=true&q=tags%3Arwf-0x%20%23mips%3Arfc)<br/><br/><details>_[These subproposals] split the current Real World Finance Core Unit (RWF-001) into two separate Core Units and allocate the existing RWF-001 personnel and budget between the two separate Core Units._</details>|@christiacdpetersen|`High`| TBD |
|:new: [MIP40c3-SP80: Modify GovAlpha Core Unit MKR Budget - Q3 2022](https://forum.makerdao.com/t/mip40c3-sp80-modify-govalpha-core-unit-mkr-budget-q3-2022/17164/13)<br/><br/><details>_This budget proposes a MKR compensation for GovAlpha (GOV-001) with a vesting component (Q3 2022)._</details>|@prose11|`High`| TBD |
|:new: [SF-001 Offboarding Proposal Set](https://forum.makerdao.com/search?expanded=true&q=tags%3Asf-001%2Ccu-offboarding%20%20%40Deimos%20%23mips%3Arfc)<br/><br/><details>_[These subproposals] is to offboard Strategic Finance Core Unit (SF-001)._</details>|@deimos|`High`|TBD|
|[MIP40c3-SP79: MKR Compensation for StarkeNet Engineering Core Unit (SNE-001)](https://forum.makerdao.com/t/mip40c3-sp79-mkr-compensation-for-starkenet-engineering-core-unit-sne-001/17042)<br/><br/><details>_MIP40c3-SP79 adds the MKR Compensation budget for Core Unit SNE-001: Starknet Engineering Core Unit._</details> | @louismerkle | `High` | TBD |
|[MakerDAO Delegates MIP Set](https://forum.makerdao.com/tag/delegate-mip-set)<br/><br/><details>_These three MIPs formalize delegates within the MIP framework and establish how they are to be compensated. This MIP Set deprecates [MIP61: Delegate Compensation](https://mips.makerdao.com/mips/details/MIP61)._</details> | @Patrick_J | `High` | TBD |
|[IS-001 (Immunefi Security) Offboarding Proposals](https://forum.makerdao.com/search?expanded=true&q=tags%3Ais-001%20%23mips%3Arfc%20%40Ippy)<br/><br/><sub>:information_source: The author of the proposal has [stated that they are willing to keep the proposal in RFC indefinitely](https://forum.makerdao.com/t/mip40c3-sp77-modify-immunefi-security-budget-is-001/16436/4) after [a compromise](https://forum.makerdao.com/t/mip40c3-sp77-modify-immunefi-security-budget-is-001/16436/3) has been reached.</sub><br/><br/><details>_"The functions of IS-001 do not require a Core Unit, and should be reduced to contracted services by Core Units that wish to retain Immunefi (the company). This is expected to result in more than 12,000 DAI a month in personnel cost savings alone. And so this Core Unit should be granted severance and offboarded."_</details>|@Ippy|`High`| [Link](https://forum.makerdao.com/t/mip40c3-sp77-modify-immunefi-security-budget-is-001/16436/5?u=blimpa) |
|[SH-001 (Strategic Happiness) Offboarding Proposals](https://forum.makerdao.com/search?expanded=true&q=tags%3Acu-offboarding%2Bsh-001%20%23mips%3Arfc)<br/><br/><details>_"The functions of SH-001 do not require a Core Unit. The budget is a significant outlier given the high cost and niche function. Burban should be integrated into growth. The Core Unit is an unnecessary expense and currently represents 64k in monthly costs. It is not essential in a bear market."_</details>|@CodeKnight|`High`|TBD|
|[MIP41c4-SP38: Immunefi Security Core Unit Facilitator Onboarding (Psychonaut)](https://forum.makerdao.com/t/mip41c4-sp38-immunefi-security-core-unit-facilitator-onboarding-is-001/16348/7)<br/><br/><details>_"Add @psychonaut (Jpritikin Industries, Inc) as a co-Facilitator for Core Unit IS-001: Immunefi Security."_</details>| @Psychonaut | `High` |TBD|
|[MIP4c2-SP24: Amend Measurement Period For Delegate Participation Metrics](https://forum.makerdao.com/t/mip4c2-sp24-amend-measurement-period-for-delegate-participation-metrics/16904)<br/><br/><details>_[These subproposals] split the current Real World Finance Core Unit (RWF-001) into two separate Core Units and allocate the existing RWF-001 personnel and budget between the two separate Core Units._</details>|@GFXLabs|`High`|TBD|
|[MIP4c2-SP21: Add Retrospection Process to prune unused MIPs](https://forum.makerdao.com/t/mip4c2-sp21-add-retrospection-process-to-prune-unused-mips/15142)<br/><br/><sub>:information_source: [Will not be formally submitted until some issues have been addressed](https://forum.makerdao.com/t/mip4c2-sp21-add-retrospection-process-to-prune-unused-mips/15142/6)</sub><br/><br/><details>_"Bureaucracy tends to grow without active pruning. The goal of the Retrospection Process is to surface a process to help prune unused or low-utility MIPs. This process also helps introduce and familiarize the broader community with MIPs that continue to be used."_</details> | @psychonaut | `High` |TBD|
|[MIP72: Delegated Collateral Attachment - RWA Arranger Application - 6s Capital](https://forum.makerdao.com/t/mip72-delegated-collateral-attachment-rwa-arranger-application-6s-capital/14482)<br/><br/><details>_"MIP72 authorizes 6s Capital as a Real World Asset Arranger for MakerDAO to cause commerce by assembling commercial senior-secured transactions based on the authorization #001 outlined herein."_</details> | @mrabino1 | `High` | TBD |
    
## Things to Come :crystal_ball: 

- The August monthly-cycle Ratification Polls will close on Monday, August 22.
- September Formal Submission Window will open on Monday, September 5<sup>th</sup>.

---

## oh btw

For anything MIP-related: reach out to @gala, @sebix, or @blimpa!


## Pre-MIP Discussions


* [Maker Compensation Guidelines](https://forum.makerdao.com/t/mipx-maker-compensation-guidelines/17235)
* [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)
* [[Pre-MIP] Using Gyroscope to cut through Dai’s Gordian knot: its USDC dependency](https://forum.makerdao.com/t/pre-mip-using-gyroscope-to-cut-through-dai-s-gordian-knot-its-usdc-dependency/8865)
* [An RWA style solution to replace the PSM](https://forum.makerdao.com/t/an-rwa-style-solution-to-replace-the-psm/8705)