MakerDAO Maker Relay, 24 Aug 2021

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From YouTube: [Maker Relay] Votes & Polls | 08/17 - 08/23

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 increase the debt ceiling on the vault backed by 6s Capital, decrease select vaults liquidation ratios, and add a MATIC (Polygon) backed vault type, as well as a PSM-PAX vault type.

We also cover the Real-world Asset based collateral types that are posted as community greenlight polls currently.

Community Collateral Onboarding Call with Nebula Capital Partners: https://www.youtube.com/watch?v=ir2qZyHqTxc&t=1s

Voting Portal: https://vote.makerdao.com/
Maker Relay Ep 59: https://forum.makerdao.com/t/maker-relay-ep-59/9995
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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Hey maker dao, I'm alec, and we're talking about the executive vote for the week of august 23rd to read more about the votes and polls we're discussing. Please visit makerdao's voting portal at vote.makerdow.com, the executive. That's been alive for just over two weeks, passed as of sunday august 22nd. This executive will pay out core unit distributions and will include the following parameter changes. The ethb stability fee will be decreased from six percent to five percent. The lrca maximum debt ceiling will be decreased from three million died to one million die.

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The uniswap eth usdta and uniswap die usdta liquidity, token pairs, maximum debt ceiling will be decreased from 10 million die to zero die and uniswap v2's die. Usdca maximum debt ceiling will be increased from 50 million die to 250 million die. These changes are set to execute on tuesday august 24th.

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This week's executive posted august 20th includes parameter changes and two new fault types that will be created upon the passing and execution of this vote. A large number of vaults will have decreased liquidation ratios, while the 6s capital, vault type, will receive an increase in its debt ceiling from 1 000 to 15 million. The psm usdca fee or 10 parameter will also increase from 0.1 to 0.2 percent. The first of these two new vault types is backed by polygon's matic token and would carry an initial debt ceiling of 10 million die.

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The second of these vault types will be backed by the pax token and will utilize the peg stability module. And, although we don't have any ratification polls posted this week, we do have three community green light, poles, the first of which is from capital now cannabis. A company who plans to utilize dye as a line of credit, to originate new assets against factoring and equipment financing assets in the cannabis industry and second, a proposal from nebula capital partners who recently did their collateral onboarding call.

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You can find a link to that video in the description below. Last but not least, we have the karus global fintech fund proposing a drop token backed vault based on their real world assets based in financial technology, 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.

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If you have any feedback about this update, please reach out in the content production channel at chat.makerdow.com and let us know see y'all next week, but until then happy voting.