---
# System prepended metadata

title: 'G&R #167 Snippet'
tags: [Snippets]

---

---
tags: Snippets
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# G&R #167 Snippet

This `snippet` includes Governance, MIPs, forum updates, and Core Unit team discussions from the MakerDAO Governance and Risk Call #167. 

## General Updates

### Votes

*Executive:*
- Last Week’s executive - PASSED & EXECUTED
    - Parameter Changes from MOMC
    - PSMs’ Fee In (tin) set to 0%
    - Core Unit Budget Transfer - DUX-001
- Executive proposal is up for vote tomorrow. Will include:
    - Returning DAI from the Pause Proxy
    - Parameter Changes
    - GUNI, WSTETH, and D3M

*Polls:*
- 5 Weekly Polls - PASSED
    - Add WBTC-B as a new Vault Type
    - GUNIV3DAIUSDC-A Parameter Adjustments
    - Recognised Delegate Compensation Increase
    - Increase the WSTETH-A Debt Ceiling
    - DIRECT-AAVEV2-DAI Parameter Adjustments
- 1 Weekly Poll - REJECTED
    - NS-DROP Covenant Modification
- 2 New Greenlight Polls (Vote ends on Monday)
    - MDI (MD Irradiance LLC)
    - OHM (Olympus DAO)
- 8 Ratification Polls close 2021-11-22 


### MIPs

[Weekly MIPs Update #61](https://forum.makerdao.com/t/weekly-mips-update-61/11523)

- The Ratification Polls for the November Governance Cycle are now up!

### Forum at a Glance

[Forum at a Glance: November 4th - November 11th](https://forum.makerdao.com/t/forum-at-a-glance-november-4th-november-11th/11591)

## Team-led Discussions

### Sidestream Auction Services Demo

#### SAS-001

![](https://i.imgur.com/b79erpo.png)

![](https://i.imgur.com/tcy6tE7.png)

![](https://i.imgur.com/gQMeZC5.jpg)

![](https://i.imgur.com/RPbIMw5.png)

![](https://i.imgur.com/AoEpWCw.jpg)

- Daniel from SAS then presented a pre-recorded video showing their product.

### Oracles Core Unit (MIP40c3-SP45)

#### Nik

- Gas costs for Oracles are currently not included in the current Oracle budget.
    - This will come later.
    - Maker Foundation generously provided these gas costs to help provide Oracles CU for time on a best-decision approach.
- Asking for a rolling 3-month budget.
    - $3,568,849.20, which includes operational and gas costs.
        - $3,033,522 if including refunded funds by Maker Foundation over gas cost.
- Will submit their MIP soon.
- Their MIP will provide a lot of perspective and data on spending costs for gas and Oracles and factors that affect Oracle costs.
    - Nik breaks down the medianizer gas costs and Oracle Security Module Uni LP + Spotter gas costs.
    - Provides gas distribution of the OmegaPoker contract.
    - Provides a quantitative observation and analysis of Oracles.
    - Estimated total annual Oracle cost: $7,236,833.10
        - This estimate does not account for rising gas costs. 
- $1,784,424.60 emergency fund for unique market or gas events.
- 1/3rd of the cost comes from Oracles, and 2/3rd comes from the maintenance and security of Oracles. 