# Focus On Call - Episode #10 April 20th, 2022 ## Agenda - [00:00](https://youtu.be/ThYFPDsDbp8): Intro with Christian Petersen. - [00:44](https://youtu.be/ThYFPDsDbp8?t=44): Discussion and Questions with Christian Petersen and Eric Rapp. - [57:24](https://youtu.be/ThYFPDsDbp8?t=3444): Outro ## Video <https://youtu.be/ThYFPDsDbp8> ## Introduction ### Christian Petersen #### Agenda and Preamble [00:00](https://youtu.be/ThYFPDsDbp8) - Good afternoon. Thanks for taking the time to speak with us. I am Christian Petersen, @christiancdpetersen on the forum. I am with with Eric Rapp, who is @Eumenes on the forum. We are here to discuss the differences between TradFi and the MIP6 process with Maker. - For other episodes of FO, please [check the forum](https://forum.makerdao.com/search?q=focus%20on). ## Discussion ### Christian Petersen and Eric Rapp [00:44](https://youtu.be/ThYFPDsDbp8?t=44) ![TradFi versus MIP6](https://i.imgur.com/DKr7jms.png) ![Outline](https://i.imgur.com/UKSjzZI.png) ![MIP6 Assessment - Facts](https://i.imgur.com/ta2FUw7.png) ![MIP6 Role of Assessor & Legal](https://i.imgur.com/SSyFjwd.png) ![MIP6 Role of Assesor](https://i.imgur.com/eL5mFGW.png) ![Role of RWF and LTS](https://i.imgur.com/1qVhfdX.png) ![TradFi: Doing a Structured Finance Transaction](https://i.imgur.com/9Rkkz3W.png) ![Lender and Borrower Priorities](https://i.imgur.com/QoXVKaw.png) ![Borrower Seeks Financing](https://i.imgur.com/NvaDbyi.png) ![Borrower Prepares & Proposes](https://i.imgur.com/n0rf436.png) ![Initial Engagement](https://i.imgur.com/y8A6Pzg.png) ![Term Sheet Stage](https://i.imgur.com/kJBecoI.png) ![Post Term Sheet to Closing](https://i.imgur.com/Of65XhP.png) ![Many, Many Key Terms in Transactions, Including](https://i.imgur.com/VutsKhO.png) ![Off Market Transaction Examples](https://i.imgur.com/QPBimjF.png) ![TradFi vs. DeFi Onboarding Process](https://i.imgur.com/gk7ooX3.png) ![Self-Contained MIPxx with "Prioritization"](https://i.imgur.com/r1yPRdd.png) ## Questions [47:07 - Retro: How many of the challenges that you described are addressed or it is not addressed in the current version of MIP67 ?](https://youtu.be/ThYFPDsDbp8?t=2827) [50:24 - Eli Cohen: Can you provide any information about the current prioritization list? Which MIPs are in what order?](https://youtu.be/ThYFPDsDbp8?t=3024) [52:36 - David Krett: What is the motivation for using Maker as a funding source?](https://youtu.be/ThYFPDsDbp8?t=3156) ## Closing Comment ### Retro #### Outro [57:24](https://youtu.be/ThYFPDsDbp8?t=3444) - I want to thank Christian Petersen and Eric Rapp for all the good content today. Thank you, everyone, for joining. We will see you in the forums. ## Credits - Kunfu-po produced this summary. - @gala produced this summary. - Everyone who spoke and presented on the call, listed in the headers.