MakerDAO Maker Relay, 28 Oct 2021

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From YouTube: MakerDAO | Forum At a Glance | October 28, 2021

Description

Discussed this week:

- Tim Schuppener steps in as a Delegate! Join him in the Meet Your Delegate Call #5 on November 3rd: https://forum.makerdao.com/t/meet-your-delegate-5/11238
- The Real World Finance Core Unit provides various updates on MKR valuation framework 5 and push the very first MakerDAO Monthly Strategy Review: https://forum.makerdao.com/t/monthly-strategy-review-process-review-discussion-public-call-on-10-26-21-1-30pm-utc/11183
- An informal poll is currently in effect to gauge the community’s interest in pursuing the ideas laid out in The case for Clean Money: https://forum.makerdao.com/t/informal-polls-clean-money-exploratory-sentiment-polling/11129

Full written version: https://forum.makerdao.com/t/forum-at-a-glance-october-21st-october-28th/11262

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All right so uh welcome to the four of my glance, a weekly review of what's happened on the forums uh this time for the week of october 21st to october 28th. So, let's begin with the top announcements, uh it's great to see that uh should be announces his delegate platform. He uniquely replaces the core values by instead presenting his voting methods, which is very cool. He also provides a brief background and some conflict of interest.

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uh In his delegate platform, uh tim will present his delegate platform in the upcoming meet your delegate call number five on november 3rd, so be there and join next up uh in recent forum. Discussions that imply bullish, market outlook and uh increased demand for diaminting.

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The suggest that several parameter changes and volt upgrades may be necessary. So the risk core unit believes that the time is right to introduce a wbtcb vault with a lower liquidation ratio which could help absorb the increased demand for wbtc capital and generate more die. In addition to that, the risk core unit believes that we should also onboard wbtc b protocol, a vault just which was supported by the community and uh previous polls, and these votes can be worked in tandem, so check out the post. There's a lot more detail in there.

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Next ace published a discounted cash flow model about six months ago, and he follows up on that post of a new thread containing updates revisions and a link to an mkr evaluation model. As of october 27 2021 and moving on to the top three discussions with lots of juicy discussion around governance and the role of recognized delegates.

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I am mio first time, I've ever verbally said his name presents his own opinions and feedback by providing current issues and potential solutions to those issues check out the post for more detail.

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Next, up and uh in response to the monthly strategy review call that happened on october 26th dallin presents a comprehensive thread containing his thoughts and ideas to help improve maker dial. Kpis dallin is seeking feedback and discussion from members and the community on that post and finally, tyler winklevoss from gemini proposes creating a gusd psm that may help reduce single third party risk for maker, diversify diet collateral and help strengthen dye's mission as the largest decentralized stablecoin he's looking for feedback and discussion from members and the community on the post, which currently has zero comments.

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All right. Moving on to all of our active signal, requests and there's a lot right now, sub ventures from real world finance presents an update for p1 drop and request to increase their acquisition price to 8.85 mil 2.85 million, which would provide maker dow exposure of 2 million per farm. uh The expected debt ceiling is 20 million, and the 10 plus equity trench would be 8.5 million. In addition, the signal request uh also asks to add arkansas as a possible state.

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And next up in response to previous signals and discussion long for wisdom, proposes higher compensation for delegates and asks the community whether we should increase the maximum delegate compensation, as described in mips 61 to 144 000 die for the initial three-month delegate compensation trial.

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Next, we also have james k, mccall from real world finance, who presents a detailed mip 55 signal request to the community for support in their real dao special purpose fund. The real dao spf is a unique approach to express a willingness to experiment with new ways to handle real world assets. The real world finance core unit asks whether maker dao would signal a 50 000 spf, with conditions applied to building decentralized spv infrastructure.

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Lots of detail in there so definitely check out the post. If you're planning to vote all right next up, matic comp, bao and avi uh vaults have shown poor performance, so all of them have shown poor performance and difficulty covering oracle gas costs, with addition to other issues regarding matic nick from oracle's core unit signal signals to off board these vaults.

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For our next signal request, the new silvery ao pool on tin lake has been live for 10 months and approved as its first real world asset of maker dow for six months.

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Therefore, given the seniority of the maker down debt and many other protections, including borrowers equity on every loan, they hope the community will consider adjusting the maximum share of drop tokens that the dow is holding so prankster 25 is asking the community whether maker dow should increase its maximum share of ns drop to 85 uh when a010 participation is just 50 and moving on to our very final signal request.

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Andrew bourbon, in response to the governance and risk call that happened on october 14th andrew bourbon, signals a second attempt to raise the debt ceiling for eth, a ethb, uh wbtca and others, along with raising the liquidation penalty for each a and hb vaults.

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That's it that was all the signal requests all right for more information on the formal glance check out the post. uh It includes more announcements, some more discussions, uh three-point summary evaluation reports, ongoing initiatives and health wants it all right.

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