MakerDAO Maker Relay, 3 Aug 2021

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From YouTube: [Maker Relay] Votes & Polls (07/27 - 08/02)

Description

Learn about the votes and polls MKR token holders can vote on this week in MakerDAO.

If passed, this week’s Executive Vote would add 4 new vault types, all based in Real-World Assets.

We also cover discussion from last week about a new executive not being posted, due to lack of substantial changes.

Voting Portal: https://vote.makerdao.com/
Maker Relay Ep 56: https://forum.makerdao.com/t/maker-relay-ep-56/9649
Maker Forum: https://forum.makerdao.com/
Public Calendar: https://bit.ly/3xU92mQ

Social Accounts:
Reddit: https://www.reddit.com/r/MakerDAO/
Kakao: https://open.kakao.com/o/giWg6J2
RocketChat: https://chat.makerdao.com/home
Twitter: https://twitter.com/MakerDAO
Telegram: https://t.me/makerdaoofficial

Dai Resources:
Dai Stats: https://daistats.com/
SebVentures Dune Spreadsheet: https://duneanalytics.com/SebVentures/maker---accounting_1
Maker Burn: https://makerburn.com/#/
Block Analitica: https://maker.blockanalitica.com/

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And we're talking about the executive vote for the week of august, 2nd 2021. to read more about the votes and polls we're discussing. Please visit makerdau's voting portal at vote.makerdow.com. Alright, now, let's get after it last week's executive vote was skipped after a discussion by the community's mandated actors. The discussion was led by gov alpha and resulted in the agreement that it is not necessary to publish a weekly executive without substantial updates. The mandated actors decided that these updates could be wrapped up into an executive that will be posted this friday august 6th.

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That means that this week, the executive from friday, the 23rd is still posted and has yet to pass. The vote is to approve the centrifuge assets onboarding for four types of collateral, backed by real-world assets and managed through the tin lake protocol, the first of which is consul freight. The second is harbored trade, credit or htc. The third is called fortunify, which is focusing on revenue-based assets or revenue-based financing and last but not least, we have the people's company. If passed. All of these tokens will utilize the drop token via the ten-lake protocol.

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In order to be collateralized for the minting of dye, this week's ratification polls include parameter changes from the community working group, as well as a request to increase the uniswap v2 die and usdca vault's maximum debt ceiling. The proposed changes to system parameters include decreasing the stability fee for e3 volts by one percent, decreasing the debt ceiling on uniswap lp tokens backed by die usdt and eth usdt by 10 million and decreasing the debt ceiling on loop ring volts by 2 million.

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The second poll is to increase the uniswap v2 die in usdca vault's maximum debt ceiling. Voters can decide between increasing the debt ceilings on these vaults by 50, 100 and 200 million die or maintaining the current debt ceiling.

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And, finally, we have our community green light, pull up for the real world asset 120 decibel films. The company has requested an initial debt ceiling of 25 million, die with a 3 stability fee and a debt to equity ratio of 90 percent, and that's all for this week's update. Thanks for listening and please head on over to vote.makerdow.com, to read about the votes and polls that have been discussed and to cast your vote I'll see you guys next time, but until then happy voting.