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title: 'G&R #169 Snippet'
tags: [Snippets]

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tags: Snippets
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# 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)

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![](https://i.imgur.com/k94GVBr.png)
