---
# System prepended metadata

title: 'Collateral Onboarding Call - Episode #41'

---

# Collateral Onboarding Call - Episode #41
April 26th, 2022

## Agenda

- [00:00](https://youtu.be/xFryn0W5DXc): Intro with Retro
- [00:44](https://youtu.be/xFryn0W5DXc?t=44): Oasis Pro Markets MIP6s with Renuka Gupta and Walker McKeough
- [17:50](https://youtu.be/xFryn0W5DXc?t=1070): Q&A and Discussion about Oasis Pro Markets MIP6s

## Video

<https://youtu.be/xFryn0W5DXc>

## Introduction

### Retro

#### Agenda and Preamble
[00:00](https://youtu.be/xFryn0W5DXc)

- Welcome everyone to episode #41 of the Collateral Onboarding Call. I am Retro from the Sustainable Ecosystem Scaling CU. 
- Today, we are hosting a collateral double feature. I am joined by Renuka, Walker, and Pat from Oasis Pro Markets to discuss their two MIP6s applications involving the onboarding of RWA. According to the collateral status index, both applications are currently in the application stage, and their green light polls are scheduled to go live on May 2nd.
- Discussions about collateral happen in the [Forum.](https://forum.makerdao.com/c/risk/collateral-meetings/23)

## Oasis Pro Markets MIP6s AMA

- [Oasis Pro Markets MIP6s AMA](https://forum.makerdao.com/t/collateral-onboarding-call-41-oasis-pro-markets-mip6s-ama/14767)

### Renuka Gupta

#### Presentation
[00:44](https://youtu.be/xFryn0W5DXc?t=44)

![Oasis Pro Markets](https://i.imgur.com/1wZ1wLt.png)


![Oasis Pro](https://i.imgur.com/yaRxpoG.jpg)

![Oasis Pro](https://i.imgur.com/TxbpJw1.png)

![MIP6: ATD Combustors(UAE)](https://i.imgur.com/7jOGA4V.png)

![MIP6: ATD Combustors Egyptian Efficiency & Tech Projects](https://i.imgur.com/uoeO9aU.jpg)

![MIP6: ATDC Notes Issuance](https://i.imgur.com/SUZUK0Y.png)

![MIP6: India Power](https://i.imgur.com/rT2H8iU.jpg)

![MIP6: India Power Commitment to Renewables](https://i.imgur.com/aPylRAx.jpg)

![MIP6: India Power Green Bonds](https://i.imgur.com/VPpiyMN.png)


#### Discussion

[17:50 - Eric Rapp: We would like to see a thoughtful discussion of how the real world would structure and price this risk. What are reasonable comparable transactions, and how were they structured and priced?](https://youtu.be/xFryn0W5DXc?t=1070)

[20:32 - Teej: Regarding the ATDC deal, the collateral is both the receivables from the services agreement and an interest in a USD account that pulls up to 60% of energy cost savings?](https://youtu.be/xFryn0W5DXc?t=1232)

[22:34 - Eric Rapp: What are the details on the servicing contract and energy savings mechanism backing this transaction? How are these cashflows being allocated?](https://youtu.be/xFryn0W5DXc?t=1354)

[23:53 - Kianga Daverigton: What form of guarantee is being provided by the individual? Is it given in his/her natural name or an entity? What is the governing law for this guarantee?](https://youtu.be/xFryn0W5DXc?t=1433)

[24:56 - Christian Petersen: Has India Power had any preliminary discussions with the Reserve Bank of India (RBI) on USD access for debt repayment?](https://youtu.be/xFryn0W5DXc?t=1496)

[27:07 - Kianga Daverington: Will someone at MakerDAO be able to verify the guarantor's assets? What kind of diligence can we perform here?](https://youtu.be/xFryn0W5DXc?t=1627)

[29:56 - Teej: Is there any reason to think that a market rate should not be equivalent to the outstanding rate as long as the credit rating of IPCL has not changed?](https://youtu.be/xFryn0W5DXc?t=1796)

[33:15 - Teej: These are emerging market and energy assets; esoteric assets. For token holders to take these risks, a methodology would be helpful and required.](https://youtu.be/xFryn0W5DXc?t=1995)
 
[37:39 - Eric Rapp: The community would like to know where the market is and what is reasonable. Then it is easier to think about how and where the community would want to bid versus where the market is.](https://youtu.be/xFryn0W5DXc?t=2259)

[39:50 - ElPro: I read about risk-sharing agreements in project financing between parties, such as a power purchase agreement (PPA). Is that possible with any of these two MIPs? I also heard about an EHCC subsidiary known as an ETCC that uses a build-own-operate. Is this the case with ADT?](https://youtu.be/xFryn0W5DXc?t=2390)

[42:49 - Retro: What is the best way to get a hold of you?](https://youtu.be/xFryn0W5DXc?t=2569)


## Closing Comment

### 

#### Retro
[46:18](https://youtu.be/xFryn0W5DXc?t=2778)

- Thank you to Oasis Pro Markets for the work on the MIPs and for making yourselves available today. We look forward to seeing how the green light poll goes. 


## Credits

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