MakerDAO Maker Relay, 10 Aug 2021

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From YouTube: [Maker Relay] Current Events at MakerDAO | 8/03 - 8/09

Description

A weekly update on current events at MakerDAO. This week, we discuss:

The Fixed Rate Vault Proposal
https://forum.makerdao.com/t/fixed-rate-vaults-proposal-with-deco-protocol/9707#high-level-integration-design-7

Delegates sharing platforms
Platforms - https://forum.makerdao.com/tag/delegate-platform

- An informal poll to increase the surplus buffer
Poll - https://forum.makerdao.com/t/informal-poll-increasing-the-surplus-buffer/9734

Maker Relay Ep 57: https://forum.makerdao.com/t/maker-relay-ep-57/9760

Upcoming Events:
Public Calendar: https://bit.ly/3xU92mQ

Social Accounts:
Forum: https://forum.makerdao.com/
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 Analytics Dashboard: https://duneanalytics.com/SebVentures/maker---accounting_1
Maker Burn: https://makerburn.com/#/
Block Analitica: https://maker.blockanalitica.com/

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Hey maker dao, I'm kat, obermeyer and we'll be covering current events at maker dow for the week of august 3rd through august 9th this week, we'll be discussing a proposal to implement fixed-rate vaults, recognize delegates, beginning to share their views on the issues facing maker dow and an informal poll to gauge sentiment on increasing the surplus buffer.

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Following the discussion proposing to include institutional and long-term vaults in the maker protocol, a proposal has been issued to implement fixed-rate faults using deco protocol. As the proposal explains, the implementation would enable vault owners to purchase a quote pure yield token, which earns a yield that offsets the entire stability fee on the vault unquote. The proposal illustrates how the process works and, if implemented, would join, yield up in offering fixed interest rates on dye.

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The first two episodes of meet your delegate, ep1 and ep2, are now available on the maker. Dow youtube channel check these out to hear what frank cruz chris cameron, tim, black and planet x, bring to the table as potential delegates and keep your eyes out for the third installment, with at monet supply and at inky maze happening on wednesday august 11th.

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Several recognized delegates have already posted their platforms in the maker forum and more will follow soon. An informal poll recently posted by tim shoopy gauges the sentiment on increasing the surplus buffer. The surplus buffer currently sits at 60 million die, and the protocol has a system surplus of 50 million. Thai meaning a drop in the market and corresponding wave of liquidations would likely mean fees exceeding the buffer and being sent to flap auctions to burn mkr.

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Raising the fees would make room for more mkr in the surplus buffer and lower the chance of extra mkr being burned so far. The sentiment is mixed so head to the form to weigh in that's all for this week's update to read more about this week's current events and share your opinion on topics affecting the dao. Please check out the forum at form.makerdoubt.com and see the links in the description below thanks for listening and we'll see you next.

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