►
From YouTube: Voices of MKR Relay Ep. 28
Description
Forum: https://forum.makerdao.com
Rocket.Chat: https://chat.makerdao.com
Voting Portal: https://Vote.MakerDAO.com
Maker Relay (written version):
Learn more about the Maker protocol: https://docs.makerdao.com
Check our Governance Tools Resource: https://community-development.makerdao.com/governance/governance-tools
Disclaimer: This update is assembled by a group of contributing members in the MakerDAO community. This does and should not serve as financial advice or an inducement to vote in any specific way. This update is purely for informative and for communications purposes exclusively.
A
Down,
what's
up
everyone
thanks
for
listening
to
maker
relay
this?
Is
your
one
stop
shop
for
updates
on
the
maker
dow
ecosystem,
let's
jump
into
it
this
week
the
executive
vote
has
already
passed
with
57
000
mkr,
the
ether
a
debt
ceiling
increased
from
740
million
to
1
billion
the
rap
bitcoin,
a
debt
ceiling
increased
from
160
million
to
210
million
die
and
the
global
debt
ceiling
will
increase
by
310
million
die
next
up.
We
have
the
polls
currently
available.
A
A
The
monthly
mips
poll
is
also
up
for
voting
and
includes
mip
29
for
the
peg
stability
module,
mip
30
for
the
farmable
cusdc
adapter,
the
govcoms
declaration
of
intent
and
mips
to
onboard
sebastian
to
the
risk
team
sam
to
the
smart
contracts
team
and
one
to
the
operational
support
team.
There
are
four
more
governance
polls
which
propose
whitelisting,
insta
dap
on
the
eth
usd
oracle,
rolling
out
the
debt
ceiling,
instant
access
module,
providing
compensation
to
the
vault
compensation
working
group
and
increasing
the
dust
parameter
from
500
to
2000
die
next
up.
A
A
Last
week
in
governance,
an
executive
vote
passed
to
change
multiple
stability
fees,
whitelist
gnosis
and
set
protocols
for
multiple
oracles
increase.
The
minimum
bid
and
bid
duration
for
flap,
also
known
as
surplus
auctions,
increase
the
system
surplus
buffer
from
4
to
10
million,
die
and
revoke
the
liquidation
circuit
breaker
permissions
over
usdc
a
and
b
true
usd
pax
usd
and
gusd.
A
A
A
A
A
A
Mip
37
defines
a
static
reserve
for
maker
governance,
which
would
be
able
to
receive
tokens
from
anyone
and
allow
governance
to
withdraw
them.
Mip
38
is
called
the
dow
primitive
state.
This
mip
defines
the
core
units
budgets
and
facilitators
within
the
dow.
This
mip
has
a
handful
of
mips
and
sub
proposals
that
follow
to
help
build
out
the
framework.
A
A
We
have
four
subproposals
in
the
request
for
comments
phase.
These
sub
proposals
include
mip13c3-sp9,
which
proposes
onboarding
a
new
collateral
type,
backed
by
b
protocol.
This
would
be
an
experiment
into
a
native
integration
between
b
protocol
and
the
maker
dow
protocol
and
the
maker
protocol
mip4c2-sp
10
suggests
edits
to
mip
0,
which
proposed
a
framework
for
mips.
The
main
change
here
would
be
removing
the
inbuilt
functionality
of
mip
0
to
onboard
core
personnel.
A
The
alternative
here
would
be
to
use
mip
38,
the
dow
primitive
state,
mip
4c,
2-sp
11,
proposes
edits
to
mip
5,
which
define
the
protocol's
need
for
an
emergency
vote.
The
main
change
here
is
to
the
facilitator
emergency
vote
process,
which
would
be
altered
to
fall
in
line
with
mip
38.
The
dow
primitive
status.
A
A
Next
up,
we
have
updates
from
the
domain
teams
the
smart
contracts.
The
main
team
is
working
hard
on
liquidations.
2.0
code
is
currently
being
audited
and
will
be
posted
publicly
in
the
forums
mip
21
for
adopting
real
world
assets
is
close
to
being
done.
Mip
22
for
the
centrifuge
direct
liquidation
module
following
the
risk
domain
team
is
working
on
a
budget
proposal
as
well
as
a
road
map
for
the
risk
domain
that
will
also
be
posted
in
the
forum
soon.