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tags: Snippets
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# G&R #177 Snippet

This `snippet` includes Governance, MIPs, forum updates, and Core Unit team discussions from the MakerDAO Governance and Risk Call #177.

## General Updates

### Votes

*Executive:*
- Last Friday’s Executive - Passed and Executed - Core Unit Budget Transfers and Streams
- Tomorrow’s Executive Contents:
- January Recognized Delegate Compensation Distributions
- Emergency Shutdown Module (ESM) Threshold Increase
- MOMC Parameter Changes

*Polls:*
- 1 Weekly Poll - PASSED
- PPG - Open Market Committee Proposal
- 2 ongoing Greenlight Polls, ending on Monday, Feb 7th.
- STABLE-TBILL
- STABLE-NOTE

### MIPs

[Weekly MIPs Update #72](https://forum.makerdao.com/t/weekly-mips-update-72/12945)


MIPs:
- MIP60: Intangible Asset Assignment
- MIP61: Delegate Compensation

Core Unit Onboardings:
- Maker Talent (MT-001)

Facilitator Onboarding/Offboarding:
- MIP41c4-SP32: Onboarding 0xdeniz as DUX-001 Facilitator
- MIP41c5-SP4: Offboarding Philip Bain as DUX-001 Facilitator

Core Unit Budgets:
- MIP40c3-SP56: RISK-001 budget adjustment
- MIP40c3-SP57: CES-001 budget adjustment
- MIP40c3-SP58: IS-001 budget adjustment

Amendments:
- MIP4c2-SP15: MIP55 Amendment
- MIP4c3-SP1: Rapid Payment for Small Bug Bounties

Others:
- MIP63c4-SP1: Onboarding TechOps Keeper Network

Proposals in RFC:
- MIP63c4-SP2 / -SP3: Onboarding Keep3r and Gelato Keeper Networks
- MIP4c2-SP16: Core Unit Offboarding Process Amendments

### Forum at a Glance

[Forum at a Glance: January 27th - February 3rd, 2022](https://forum.makerdao.com/t/forum-at-a-glance-jan-27-feb-3-2022/13019)

> Public PDF version is available [here.](https://pdfhost.io/v/bX4ZUxsTK_Forum_at_a_Glance__Jan_27_Feb_3_2022)

## Initiatives Update

Security Q1-Q2, 2022 Milestones:






## Team-Led Discussion

### ETHDenver

Check out the [EThDenver Discord Chat](https://discord.com/channels/893112320329396265/936382305948274710/936383878124413039)

[Events and Attendee List](https://docs.google.com/spreadsheets/d/1bF6SMpF3oYpAgKdufcjatjGVrKR2hNDmRLzjyC89x1U/edit?usp=sharing)

### Governance Compensation Improvements

[SourceCred Trial](https://forum.makerdao.com/t/maker-sourcecred-trial/2551)

[Stop Giving SourceCred to Employed People](https://forum.makerdao.com/t/signal-request-sourcecred-stop-paying-people-who-are-already-paid-by-makerdao/12971)

- The protocol pays out about 5k DAI/Week in total through SourceCred.
- We should focus on contributors currently not recieving compensation.
- Micromanaging SourceCred will add additional overhead to GovAlpha.. is it worth it?
- We need to figure out whether we want to bring in new contributors or retain current contributors and help improve their value by offering appropriate contribution.
- Having a marketing team can help improve SourceCred marketing and utilization.
- How do we identify quality production of work being compensated through SourceCred?
- It's difficult to quantify quality. GovAlpha tried once and it went wonky.

If anybody has opinions or ideas for improvement, please, reach out to GovAlpha.

### Dai Liquidity Solution Design

- What's the ideal model to improve Dai liquidity?
- UniV2 democratic AMM has a pretty good model for liquidity.
- Dai should also be able to participate in governance.
- We can create protocol owners with LP pairs, which helps reduce volatility and collateralization risks.
- Flops are not a practical mechanism with MEV front running. It's essentially a temporary meme. We need a longer-term solution that doesn't involve flop.
- What's the objective? What's the problem?
- Building MakerDAos general capital beyond Surplus Buffer?
- We want to create a single solution design instead of having 4-5 various solutions simultaneously.
- We can partner with projects on L2 to incensitive them to use Dai as their LP pair which can be effectively used to boost liquidity.
- We need available funds to spend on improving liquidity.

- *Please be patient for the full semi-transcription summary to this call! It will contain a comprehensive transcription of the discussion and other details not provided in this snippet.*