--- tags: Snippets --- # G&R #166 Snippet This `snippet` includes Governance, MIPs, forum updates, and Core Unit team discussions from the MakerDAO Governance and Risk Call #166. ## General Updates ### Votes *Executive:* - Last Week’s executive - PASSED & EXECUTED - Aave D3M Onboarding - Core Unit Budget Transfers - Executive proposal is up for vote tomorrow. Will include: - OMC Parameter Change Proposal - Lower PSM Vault Fees - Core Unit Budget Transfer for DUX *Polls:* - 3 Weekly Polls - PASSED - Clean Money Sentiment - OMC Parameter Proposal - Lower all PSM fees to 0% - 2 New Greenlight Polls - MDI (MD Irradiance LLC) - OHM (Olympus DAO) - 3 Greenlight Polls Complete - Community Greenlight Poll - OFH (Security Tokens Refinancing) - Community Greenlight Poll - TM2-DROP (Technology Metals Market) - Community Greenlight Poll - CSC (Curio Stablecoin) ### MIPs [Weekly MIPs Update #60](https://forum.makerdao.com/t/weekly-mips-update-60/11347) ![](https://i.imgur.com/wpVaweI.png) - The Formal Submission Window closed yesterday. ### Forum at a Glance [Forum at a Glance: October 28th - November 4th](https://forum.makerdao.com/t/forum-at-a-glance-october-28th-november-4th/11441) ## Team-led Discussions ### Real-world Sandbox #### Luca Prosperi ![](https://i.imgur.com/ECrhKWF.png) ![](https://i.imgur.com/6WUfdUw.jpg) ![](https://i.imgur.com/WsgB5Xn.png) ![](https://i.imgur.com/bMq7fsl.png) ![](https://i.imgur.com/TKOzI09.png) ![](https://i.imgur.com/Q9j4NJz.png) ### D3M Overview #### SamM ![](https://i.imgur.com/CEB7UMC.png) - This graphic illustrates how the D3M works. - If the total market size is 90M and 80M borrowed with 10M available in actual DAI. - This is a utilization of 89%, which is higher than the 80% optimal range. - Not optimal for users. - The D3M will return the utilization down to 80%. - Leaves more DAI available within the pool. - Same situation if the event is inversed; D3M will return utilization up to 80% if below that threshold. - 50M DC is the next step concerning parameter upgrades. ### Wintermute Re-Discussion #### Andrew Burban - Why you hatin’ on Wintermute?? - Look, they want to partner with us. They aren’t concerned about the strike price. - If you want metrics, they shall provide. - On another note, MKR has very thin order books; very difficult to scale in and out. - Burbanomics analysis says this is a good deal. - MKR pump plz. - Seriously, we need a liquid MKR market in the potential case of an insolvency crisis.