MakerDAO Maker Relay, 25 Nov 2021

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From YouTube: MakerDAO | Forum At a Glance | November 25, 2021

Description

Discussed this week:

- New delegate, @JustinCase joins the Recognized Delegates! Check out MYD episode 7.
- New Governance Portal updates are here. Check them out.
- https://forum.makerdao.com/t/governance-portal-release-v0-2-4-november-23rd/11789
- MATIC token is formally signaled to be offboarded.
- https://forum.makerdao.com/t/signal-request-offboarding-matic/11781

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Welcome guys, the forum at a glance, a weekly review of what's happened on the forums this week for the week of november 18 to 25th and there's been a little bit less traffic lately as the holidays roll in, but things are still happening. So we'll begin with this week's top announcements yeah that mike then, why how's the mic guys not a tin can anymore nice. Okay.

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So let's begin with this week's top announcements, just in case steps in as a recognized delegate and presents his delegate platform to help push profitability burn, communication and protocol growth check out the meet your delegate episode 7 on youtube.

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Next, up with recent increase and wbtca depth exposure and the addition of the wbtcb vault exposure is likely to increase the risk team believes we should play things safely and propose a set of risk parameters for for the wbtc vault.

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Next nadia published an update on the nexo institutional vault, which already minted its 1.5 billion debt ceiling, using only the if a vault. This pushed risk real world finance protocol engineering and growth teams to work on the second version of the nexo institutional vault proposal, which they will share very soon.

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Moving on to the top three discussions, the recent discrepancy with votes and outcomes on a signal request was pushed for internal discussion and in response, gov alpha presents suggestions on improving clarity regarding signal, request outcomes and ask for further discussion and feedback by the community.

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Next up, the direct deposit module has hit its current debt ceiling of 50 million protocol engineering and risk teams are proposing to increase the d3m debt ceiling to 100 million. They also propose to keep the gap at 25 million and the apr target borrow rate bar at 3.9 percent.

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And finally, if denver is coming and several wonderful people are already helping us prepare content production posted the current situation with funding and planning which includes a kickoff party and our own side event. Let contact content production know if anyone's interested in sponsoring bounties, offering swag and engaging with attendees and other people.

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Now moving into our signal requests, bourbon asked the community to burn half of mkr in the treasury and use the remainder to vest core units.

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Next up, there is no clear indication about what should be the source of mkr used for future expenses.

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Maker breaker presents two options: one use the mkr from the maker dial treasury or two min new mkr, using the pause proxy and for the next signal request.

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Original dss vest stream for govcoms was configured incorrectly, resulting in an unclaimed 39 300 die. The team believed that we could slide through the four-month stream period. However, legal services and additional expenses recently arose which pushed david to formally ask the community whether they support this one-off governance, request.

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Next up, cassandra proposes to onboard a g-uni die usdc with a 0.01 percent fitier as a maker collateral type to help stay, competitive, cassandra provides proposed, tick ranges and asks the community whether they want to onboard a g unit. Usdc 0.01 percent pool.

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And next, with gas and eave prices continuing to go up our dust limits, offer less protection against losses and in response mona supply proposes whether we should increase dust limits for all volt types and then moving on to our final signal request.

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Thematic vault is unprofitable unless it will be able to generate around 30 million die. So nick kunkel formally asked the community whether governance should off-board the matic token, as recently done with knc compound and others.

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That's it for more information check out forum at a glance in the post. That includes a three-point summary evaluations, reports, ongoing initiatives, help wanted and more announcements and discussions. Thank you.