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# System prepended metadata

title: 'G&R #166 Snippet'
tags: [Snippets]

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tags: Snippets
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# 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. 