--- tags: Snippets --- # G&R #169 Snippet This `snippet` includes Governance, MIPs, forum updates, and Core Unit team discussions from the MakerDAO Governance and Risk Call #169. ## General Updates ### Votes *Executive:* - Last Week’s executive - PASSED & EXECUTED - WBTC-B Onboarding, WBTC Stability Fee Changes, Local Liquidation Limit (ilk.hole) Changes, Change of Covenants for P1-DROP (Peoples Company Series 1), Offboarding Collaterals - Executive Proposal up for vote tomorrow. Will include: - wBTC-C Onboarding - PSM-GUSD-A Onboarding - Surplus Buffer Increase-over-time begins. - Aave D3M from 50M to 100M. - Core Unit Budget distributions *Polls:* - 4 Weekly Polls - PASSED - Increase Aave D3M (DAI direct deposit) Maximum Debt Ceiling - 50M -> 100M. - Add a GUSD PSM (peg stability module) - Add a wBTC-C Vault Type - Increase the System Surplus Buffer - Increase to 90M at a rate of 1M per week. - 8 Ratification Polls finished. More details from Blimpa in the MIPs section. - 2 Greenlight Polls still open (Votes end on Monday) - [SB-frOGI (SolidBlock Red Frog Digital Coin)](https://vote.makerdao.com/polling/QmYGUEFy?network=mainnet#poll-detail) - [MONETALIS (Monetalis Wholesale SME Green Growth Lending)](https://vote.makerdao.com/polling/QmS52AtS?network=mainnet#poll-detail) ### MIPs [Weekly MIPs Update #63](https://forum.makerdao.com/t/weekly-mips-update-63/11768) ![](https://i.imgur.com/KtsLvNB.png) - All of November's ratifications polls have passed! - New Core Units: IS-001, SAS-001, and DECO-001 ### Forum at a Glance [Forum at a Glance: November 18 - 25](https://forum.makerdao.com/t/forum-at-a-glance-november-18-25/11827) ## Team-led Discussions ### Core Unit Operations #### Budgeting, Accounting, and Reporting - We need to focus on all Core Units to present their operations efficiently and correctly. - Poor or late information hurts RWF production of Core Unit reports. - It can be difficult for facilitators to manage their Core Unit finances at an optimal level. - There is community support for a CU finances team to help all Core Units. - There are spreadsheets that help with forward guidance, account, and more; ask PECU, RWF, and SES. - However, getting all the information takes some time. - How would you structure large upfront costs into the DSSvest stream? - You would need those funds from the beginning or account some of them into the initial budget. - Derek is planning to present a review of these spreadsheets. - Are we employees or contractors under MakerDAO? - How can we correctly set up an Accounting Core Unit? - Nadia hired an accountant for GRO-001 finances. - It will be very helpful for optimizing and gauging the success of new initiatives if we have access to all Core Units accounting. #### Cross-Function Initiative Coordination - How well are we aware of all Core Unit initiatives, internal communication, and understand Core Unit schedules? - The problem with cross-functional Core Unit initiatives is that they require transparency and public communication. - Maker needs to be more straightforward with communication on forums to support collaterals and their failsafe or liquidations. ### Adding Support for the 1BPS GUNI Pool - [Onboard G-UNI for UniV3’s new 0.01% fee tier](https://forum.makerdao.com/t/g-uni-dai-usdc-0-01-tier-onboard-g-uni-for-univ3s-new-0-01-fee-tier/11738) - Most of the volume will go through the 1BPS pool, and it makes sense to support it. - Should improve liquidity and leverage same as done with the 5BPS pool. - What are methods to be more efficient with handling these types of collaterals? - It will be very easy to onboard the 1BPS pool. - We can point a D3M at the AAVE GUNI market for better results. - But if we have to jump around a lot, we can try to delegate for another protocol to do it for us. - We can reduce oracle costs and poke time to better levels that are still low risk. - What is PPG's position on this? - PPG is watching the fees, and it needs to be unwinded. ### SES Core Unit Review #### Wouter ![](https://i.imgur.com/LIFUKOe.png) ![](https://i.imgur.com/16DtenU.jpg) ![](https://i.imgur.com/rSYagLn.jpg) ![](https://i.imgur.com/gYoIWuM.jpg) ![](https://i.imgur.com/H8Hgg5T.jpg) ![](https://i.imgur.com/MEhW3kL.jpg) ![](https://i.imgur.com/xATTEtl.png) ![](https://i.imgur.com/7MggA28.png) ![](https://i.imgur.com/WStCvWP.png) ![](https://i.imgur.com/CPtYH7M.png) ![](https://i.imgur.com/RipBGtF.png) ![](https://i.imgur.com/n8i3CQR.png) ![](https://i.imgur.com/3JT3ZAm.png) ![](https://i.imgur.com/Oyz5Y2V.png) ![](https://i.imgur.com/k94GVBr.png)