--- tags: Collateral Call --- # Collateral Call Summary - Episode #35 August 11th, 2021 ## Agenda - [00:00](https://youtu.be/ir2qZyHqTxc): Intro with Juan Guillén - [01:20](https://youtu.be/ir2qZyHqTxc?t=80): Nebula Capital Partners with Markus Hunold and Karlheinz Toni - [39:09](https://youtu.be/ir2qZyHqTxc?t=2349): Q&A and Discussion about Nebula Capital Partners - [56:34](https://youtu.be/ir2qZyHqTxc?t=3394): Outro ## Video <https://youtu.be/ir2qZyHqTxc> ## Introduction ### Juan Guillén #### Agenda and Preamble [00:00](https://youtu.be/ir2qZyHqTxc) - Hello everyone! Welcome to another MakerDAO collateral call. Today we have Nebula Capital Partners. They will be talking about their mechanism, how it works regarding Real-World Finance. My name is Juan. I am the facilitator of the Sustainable Ecosystem Scaling CU and I am joined, among others, by Lea from Centrifuge and Sébastien from RWF CU. - Discussions about collateral happen in the [Forum.](https://forum.makerdao.com/c/risk/collateral-meetings/23) ## Collateral Nebula Capital Partners - [[NCP01-DROP] MIP6 Application: European Point-of-Sales Consumer Finance Portfolio - Forum Thread](https://forum.makerdao.com/t/ncp01-drop-mip6-application-european-point-of-sales-consumer-finance-portfolio/9600) ### Markus Hunold and Karlheinz Toni #### Presentation [01:20](https://youtu.be/ir2qZyHqTxc?t=80) ![Intro](https://i.imgur.com/21uxizS.png) ![Agenda](https://i.imgur.com/l7E9iDx.png) ![Overview & Background](https://i.imgur.com/99SzxZY.png) ![Core Team & Experience](https://i.imgur.com/hB9dQTN.png) ![Role & Value Add 1/2](https://i.imgur.com/uyh26Gw.png) ![Role & Value Add 2/2](https://i.imgur.com/Hsvs82t.png) ##### Tinka ![Tinka](https://i.imgur.com/BtYDGif.png) ![Our mission](https://i.imgur.com/TnQwuRJ.png) ![Our Business](https://i.imgur.com/HchGrEz.png) ![Our Assets](https://i.imgur.com/m7kar6t.png) ![Helps Merchants Grow](https://i.imgur.com/NpfU3Ic.png) ![Our Consumers](https://i.imgur.com/vJuJQLu.png) ![Appreciated by Customers](https://i.imgur.com/hITfdhM.png) ![Defaults & Recoveries](https://i.imgur.com/mDrssRG.png) ##### Transaction, Timeline and Next Steps ![Overview & next steps](https://i.imgur.com/GUzFF8g.png) ![Transaction - overview](https://i.imgur.com/Vv26JuJ.png) ![Transaction - timeline](https://i.imgur.com/Ta3yFY1.png) ##### Appendix ![FinTech - Digital Lending 1/2](https://i.imgur.com/xnuzOjc.png) ![FinTech - Digital Lending 2/2](https://i.imgur.com/oRAIku1.png) #### Discussion - [39:09 - Payton Rose: How are you going to be handling the currency risk on your side going from Dai to Euro?](https://youtu.be/ir2qZyHqTxc?t=2349) - [47:13 - Planet_X: You have a huge client base that does not have a lot of funds, and would be in a poor position during an economic downturn. How are you doing your own risk management with regards to the economic upturns and downturns?]([link](https://youtu.be/ir2qZyHqTxc?t=2833)) - [51:27 - Planet_X: The "long-term US consumer credit" on your screen, can you also apply that to the Netherlands?](https://youtu.be/ir2qZyHqTxc?t=3087) - [52:00 - Someone: In our system, MKR holders have to approve all the things we do. From your perspective, what is the largest risk that MKR holders should be aware of if we were to open up this credit line](https://youtu.be/ir2qZyHqTxc?t=3120) ## Closing Comment ### Juan Guillén #### Outro [56:34](https://youtu.be/ir2qZyHqTxc?t=3394) - Really clear and good presentation! For anyone watching offline, we will keep the discussions going on the forum. Thanks to all of you! ## Credits - Gala Guillén produced this summary. - Everyone who spoke and presented on the call, listed in the headers.