---
# System prepended metadata

title: 'Collateral Onboarding Call #48 - Summary'

---

# Collateral Onboarding Call #48 - Summary
August 30th, 2022

## Agenda

- [00:00](https://youtu.be/XaDLlzY53ZU): Presentation.
- [26:02](https://youtu.be/XaDLlzY53ZU?t=1562): Discussion and Q&A about Gamma Strategies UNIV3-WBTC-RENBTC MIP6 with Brian

## Video

<https://youtu.be/XaDLlzY53ZU>

##  Presentation

### Gamma Strategies UNIV3-WBTC-RENBTC MIP6 AMA

#### Brian

[00:00](https://youtu.be/XaDLlzY53ZU)


- [[UNI-V3-WBTC-RENBTC] MIP6 Collateral Onboarding Application](https://forum.makerdao.com/t/uni-v3-wbtc-renbtc-mip6-collateral-onboarding-application/15635/8)

![GAMMA](https://i.imgur.com/Ku21IfU.png)

![Who are we](https://i.imgur.com/Iu6lHs1.png)

![GAMMA instead of UNISWAP](https://i.imgur.com/4zQQpru.png)

![1-Hypervisor Deposit](https://i.imgur.com/jnM5ePz.png)

![2-Hypervisor Withdraw](https://i.imgur.com/T7LnvKr.png)

![3-Hypervisor Rebalance](https://i.imgur.com/TZVMNTR.png)

![Collateral: WBTC-renBTC Uniswap v3 Position](https://i.imgur.com/TTPwUzm.png)

![Main Contract Functions & Execution](https://i.imgur.com/TuxfE5J.png)

![Liquidity](https://i.imgur.com/za4ao5c.png)

![Considerations](https://i.imgur.com/kXyCO7g.png)

![Benefits of WBTC/renBTC Uni v3 LP on Maker](https://i.imgur.com/ekn9Dmn.png)

![Appendix 1: LP Mint and Price](https://i.imgur.com/cVIKa5o.png)


#### Discussion and Q&A

- [26:02 - Retro: You made a comment about the contract being deterministic and how it is a better application for MakerDAO. Is Gamma Strategies currently deploying any other deterministically managed contracts today?](https://youtu.be/XaDLlzY53ZU?t=1562)
- [27:24 - PaperImperium: Can you walk us through what liquidation looks like?](https://youtu.be/XaDLlzY53ZU?t=1644)
- [28:24 - PaperImperium: Is there a specific debt ceiling needed? The TVL on Gamma is quite low, so I would assume even a modest debt ceiling is useful?](https://youtu.be/XaDLlzY53ZU?t=1704)
- [29:33 - PaperImperium: Is that redemption permissionless? Or does a keeper need to be whitelisted with you ahead of time](https://youtu.be/XaDLlzY53ZU?t=1773)
- [30:35 - Retro: Are there any other implementation steps either from the Gamma side or something that you have already addressed within the MakerDAO process that would be for consideration?](https://youtu.be/XaDLlzY53ZU?t=1835)


## Credits

- Kunfu-po produced this summary.
- Everyone who spoke and presented on the call, listed in the headers.