MakerDAO Maker Relay, 30 Aug 2021

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From YouTube: [Maker Relay] Votes & Polls | 08/24 - 08/30

Description

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

We do not have a new executive posted this week, due to lack of significant changes that would have been included in an executive.

We do cover our poll that passed last week, as well as the new ratification polls; a Flash Mint Fee adjustment, as well as a new Real-World Asset vault type from UPRETS and SolarX.

Last Weeks Executive Vote: https://vote.makerdao.com/executive/template-executive-vote-vault-onboarding-6s-updates-and-reducing-vault-liquidation-ratios-august-20-2021?network=mainnet#proposal-detail

Voting Portal: https://vote.makerdao.com/
Maker Relay Ep 60: https://forum.makerdao.com/t/maker-relay-ep-60/10082
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 dow I'm alec and we're talking about the executive vote for the week of august 30th to read more about the votes and polls we're discussing. Please visit makerdau's voting portal. At vote.makerdow.com last week, maker dow governance passed the august 19th executive, passing this vote, onboarded polygon's matic token, as a new collateral type added, a new peg stability module enabling direct trades between dye and the pax token and changed a number of system parameters.

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First, a number of vaults had their liquidation ratios reduced by either 5 or 10 percent. You can check the links below for a full list. Second, the debt ceiling for 6s capitals, vault rwa001, was increased from 1 000 to 15 million die. This is a big step for the maker, dow real world assets portfolio. So congratulations to the teams involved and to the community and third, a new vault, backed by polygons matic token, was also added.

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It comes with an initial stability fee of 3 percent and a debt ceiling of 10 million die moving on to this week. We do not have an executive posted currently, the reason being. We simply don't have anything urgent or expected for the executive process this week and the mandated actors agreed. It made the most sense to delay the posting of our next executive.

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We do, however, have two ratification polls this week, but no community green light polls. The first poll proposes lowering the flash mint fee or toll parameter to zero percent. The flash mint fee is the cost paid by users of the flash mint module. This module allows users to mint die up to a limit set by maker governance, with the stipulation that the loan is paid back in the same transaction, and our final poll this week is for adding a real world asset vault type to be originated by uprets in loan to solarx.

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Uprets, originates underwrites and sells assets for die to maker dow via a trust structure. These assets would include land and solar farm facilities owned by solar apps, 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. If you have any feedback about this update, please reach out in the content production channel at chat.makerdow.com, and let us know I'll see you next week, but until then happy voting.