►
From YouTube: Governance and Risk Meeting #124
Description
## Introduction
* @LongForWisdom: Hosting, Introduction, Agenda.
## Weekly Updates
* Governance - @Gov-Facilitators
* Smart Contracts - @Smart-Contracts
* Oracles - @Oracles
* Risk - @Risk
* Community Development + Operational Support - @amyjung
* Collateral Calls - @juanjuan
* MIPs - @MIP-Editors
## Procedural
* @LongForWisdom: MIPs Inclusion Review
## Segments
None so far
## Discussion Topics
* Stablecoins and managing demand.
## Other Business
* General Q&A
## Links
Website: https://makerdao.com
Twitter: https://twitter.com/makerdao
Forum: https://forum.makerdao.com/
Chat: https://chat.makerdao.com/home
Email: info@makerdao.com
Governance and Community Events Calendar:
https://calendar.google.com/calendar?cid=bWFrZXJkYW8uY29tXzNlZmhtMmdoaXBrc2VnbDAwOWt0bmlvbWRrQGdyb3VwLmNhbGVuZGFyLmdvb2dsZS5jb20
A
A
So,
as
always,
we've
got
a
little
bit
of
an
agenda
to
get
through
some
some
general
updates.
I
don't
think
we
have
any
specific
segments
this
this
week,
so
we'll
do
some
updates
and
then
and
then
go
into
some
discussion
and
qa
such
stuff
kind
of
general
ground
rules.
Please
feel
free
to
interrupt
and
talk
and
chat.
We
generally
want
to
hear
from
you
so
yeah.
Please
don't
be
shy
to
contribute.
A
A
Let's
move
into
our
weekly
updates,
then
I'll
start
with
governance,
so
I
did
actually
prepare
a
governance
update
today
separately
from
governance
glance.
So
lucky
all
you
also
one
advantage
of
the
meeting
being
one
hour
later
is
this.
I
can
now
actually
tell
you
the
results
of
the
polls
on
this
meeting
because
they
don't
finish
one
minute
before
so.
Yeah
falls
this
week
we
had
inclusion
polls
for
at
least
seven
proposals
all
but
one
of
those
passed.
A
I
believe,
I
believe
the
one
only
one
to
not
pass
was
the
declaration
of
intent
for
make
brittle
maker
protocol
insurance
cover
from
nexus
mutual.
The
others
were
passed.
We
had
two
oracle
related
polls
and
while
this
thing
set
protocol
on
a
bunch
of
oracles
and
while
listing
notices
a
bunch
of
oracles
both
which
passed,
we
had
an
onboarding
poll
for
univ2
wbtc
eth
the
quality
pool
token,
which
also
passed.
A
A
We
also
saw
the
increasing
of
the
surface
system
surface
buffer,
polar
pass,
adjusting
the
flat
portion
parameters
pass
based
on
last
week's
discussions,
and
then
we
saw
the
investigating
the
implementation
of
the
wbtc
b
volt
type
with
a
lower
liquidation
ratio
also
pass
so
that'll
be
added
to
the
collateral
sheet
as
soon
and
we'll
see.
Some
of
these
other
changes.
Some
of
these
changes
in
the
executive
tomorrow.
A
A
A
So
in
general
my
governance
is
going
okay,
so
maintenance
tasks,
by
which
I
mean
kind
of
running
this
meeting
running
polls
each
week
running
the
executive
each
week
taking
most
of
my
time,
meaning
some
things
slipping.
Like
writing
the
documentation.
I've
been
talking
about
parameter,
docs,
reviewing
stuff
other
people.
Are
writing.
A
I'm
kind
of
confident
that
having
pros
and
eli
coming
on
is
gonna
help
mitigate
this
pretty
soon,
and
so
I'm
not
too
worried
at
this
stage,
so
david
youtube
and
charles
charleston
louise
there
we
go
just
like
every
second
have
continued
to
take
the
lead
on
mips
work.
Again,
maintenance
seems
solid.
The
process
is
working
fairly.
A
Well
recently,
we've
been
planning
on
working
on
a
mips
portal
which
will
allow
us
allow
the
community
to
more
easily
access
and
navigate
around
mips
juan's,
leading
that
project
and
we'll
have
kind
of
more
share
more
to
share
about
it.
Soon,
I'm
not
quite
at
the
point
where
we
have
nothing
concrete
to
show,
but
that
should
be
coming
coming
soon.
B
Awesome
yeah
so
governor's
at
a
glance,
a
three-point
summary
for
maker
holders.
This
week
we
did
see
a
decent
amount
of
liquidations
with
the
volatility
and
heath,
so
that
did
bring
the
total
die
supply
down
to
1.4
billion
after
kind
of
peaking
at
an
all-time
high
there,
with
that,
we
saw
demand
for
our
psm
with
the
usdc
hit
its
maximum
as
well.
B
If
you
have
it
still
plenty
of
signals
carrying
over
from
our
update
last
week,
the
first
three
I'm
going
to
cover
here
could
end
tomorrow,
if
they're
not
extended,
so
do
make
sure
you
get
over
there
and
give
your
voice
first.
One
is
about
increasing
that
dust
parameter
came
to
us
from
monet
supply
and
is
asking.
If
we
want
to
raise
the
dust
parameter
above
the
500
die,
that's
the
minimum
die
debt
that
a
vault
user
can
can
carry.
B
Next.
We've
got
a
signal
coming
to
us
from
primrose
from
sorry
about
the
adjusting
the
debt
ceilings
kind
of
in
concurrence
with
the
update
on
stability
fees
from
last
week,
and
the
third
one
that
could
in
tomorrow
came
to
us
from
long
for
wisdom
asking
about
rolling
out
the
debt
ceiling,
instant
access
module
to
the
current
and
future
vaults.
For
those
of
you
aware,
we
do
have
that
going
right
now
for
heath
b
and
has
been
used
quite
frequently,
so
that's
pretty
exciting
and
the
last
one
is
a
carryover.
B
From
last
week
I
had
hexnot
sam
m
talk
about
the
signal
requests
for
the
interim
dow
operating
budget.
I
believe
that's
going
to
continue
for
about
five
more
days,
so
go
ahead
and
make
sure
you
get
over
there
and
give
your
voice
there's
still
a
few
ongoing
projects
and
people
looking
for
help
as
well
so
check
out
the
governance
at
a
glance
post
and
follow
those
links.
Thanks.
A
A
C
A
A
A
D
Cool
yeah,
so
as
as
long
for
wizard
mentioned
earlier,
we
had
two
oracle
proposals
pass
and
they
were
for
about.
Excuse
me
they
were
for
about
five
different
oracles
apiece,
so
that
was,
I
believe,
set
protocol
and
and
gnosis.
So
it's
encouraging
to
see
that
you
know.
After
having
been
long-time
customers,
you
know
they're
they're
trying
to
expand
and
the
the
first
people
they
look
to
for
for
oracle's
is.
Is
us
so
we're
definitely
building
some
some
customer
loyalty
there?
D
D
So
the
smart
contracts
team
and
I
and
amy
are
gonna,
be
meeting
with
them
next
week
to
kind
of
discuss
the
scope
and
and
terms
so
hopefully
that
all
goes
well.
They
indicated
that
they
would
have
time,
starting
at
the
beginning
of
february,
which
is
much
earlier
than
I
can
guarantee
you
any
other
auditing
firm
would
have
would
have
taken
on
such
a
project.
D
So
I
I
don't
wanna,
you
know
count
the
chickens
before
they
hatch,
but
it's
it's
looking
pretty
good
and
if
we
can
get
the
audit
done,
you
know
in
the
first
half
of
february,
you
know
and
then
implement
any
any
of
the
changes
that
they
that
they
cite
we
could
potentially
be
looking
at.
You
know,
raising
debt
ceilings
on
the
excuse
me
on
the
lp
oracle,
on
any
of
the
lp
tokens
by
say
end
of
february,
so
that'll
be
that'll,
be
really
huge.
D
So,
on
that
note
right
there
was
a
forum
poll
or
sorry
a
signal
kind
of
a
request
in
the
in
the
forum
right
to
raise
the
the
debt
ceiling
on
the
eth
di
eth
a
lp
token,
and
so
so
the
community
had
kind
of
voted
that
they
wanted.
I
think
it
was
like
either
a
10
mil
debt
ceiling,
or,
I
think
even
12
million,
I'm
not
sure,
okay
12.
D
D
You
know,
hopefully,
by
the
end
of
february,
when
all
that's
really
left
is
to
then
you
know,
crank
up
the
dial
on
the
the
debt
ceilings
for
all
of
those
pending
kind
of
a
successful
audit.
That
kind
of
sets
us
up
for
for
success
rather
than
trying
to
jack
up
the
die
east
debt
ceiling.
Now
and
then
you
know,
come
into
february
be
like
okay.
Now
we
can
start
adding
more
lp
tokens
right
and
that'll
take
you
know
a
month
or
so
right.
D
So
this
kind
of
seems
like
the
the
better
long
term
term
plan
for
success,
but
you
know
we
recognize
that
the
community
really
wants
to
to
use
dia
eath
right,
because
the
debt
ceiling's
been
full
basically
from
from
day
one
yeah.
I
think
that's
I
I
think
that's
it
from
from
the
oracle
side.
For
this
week,.
E
C
E
E
D
C
Yeah
good
that
reminds
me
because
I'll
mention
you
and
22
when
we
get
there
so
yeah,
so
smart
contracts-
I
you
know,
usually
I'm
a
little
more
prepared
with
exactly
what
we've
worked
on,
but
we
have
been
sort
of
in
audits
and
all
over
the
liquidations
to
a
coba
code
base.
So
I
think
everyone
would
agree
that
liquidations2o
is
probably
the
top
priority
right
now.
C
So
it's
the
sort
of
high
priority
interrupt
anytime,
there's
liquidations
to
a
work
to
do
we're
going
to
end
up
doing
that,
and
so
this
week
we
kicked
it
off
with
pwc
who's,
auditing,
us
and-
and
I
think
later
we'll
we
have
a
kickoff
with
kwan
stamp
and
and
then
I
think,
later
towards
the
end
of
february.
Even
we
had
a
kickoff
back
then
too,
so
so
anyway.
I
I
wanted
to.
C
Let's
just
say
we
worked
on
21.
this
week
and
we
were
hoping
to
have
it
in
covenant
on
wednesday,
but
mip21
is
still
missing
unit
tests
for
it,
so
we're
kind
of
hoping
to
get
those
unit
tests
in
before
we
end
up
like
putting
into
covan
and
committing
to
it.
So
I
think
21
is
going
to
slip
at
this
point
and
but
once
we
get
those
unit
tests
and
everyone
can
sort
of
final
review.
The
overall
thing
I
mean
right
now,
all
the
tests
we
have
are
working.
C
C
We
gave
some
feedback
on
the
original
22
and
I
need
to
see
whether
or
not
all
of
that
feedback
was
addressed
and
then
and
then
I
think
we
want
to
lift
some
of
the
tests
that
we
have
for
maybe
21
and
22..
So
those
are
the
sort
of
hold
ups
for
those
hips,
but
but
we're
working
on
those
and,
of
course,
like
I
said
you
know,
with
a
higher
priority
being
integrations
too,
as
it
comes
along
as
far
as
other
collaterals.
F
C
Yep
so
that
one's
ready
for
kovan
and
then
tanner
and
I
started
working
on
the
lp
token
for
for
f
w
btc,
and
I
think
we're
optimistic
that
next
friday,
both
those
lp
tokens
will
be
available
that
sort
of
jives
with
what
nick
was
suggesting
as
well.
So
aside
from
that,
I
don't
have
any
of
the
other
like
normal
stuff.
I'd
write
a
lot
for
smart
contracts,
but
we're
we're
really
busy
over
here.
Things
are
going
well
any.
G
Questions
I
do
want
to.
I
do
want
to
jump
in
there
and
add
with
the
real
world
asset
adapters,
we've
got
two
mip
21
and
mip
22,
which
are
two
real
world
asset
proposals,
but
they're
very
different
approaches,
and
if
we
want
to
scale
real
world
assets
to
any
any
length
I
mean
right
now
we
can.
We
can
put
these
bespoke
adapters
on
there
and
and
add
these
real
world
adapters.
G
But
if
people
are
gonna,
integrate
dashboards-
and
you
know
backstop
protocols
and
things
like
that,
if
we
want
to
have
any
hope
of
scaling
this
up,
we
need
to
find
a
way
to
standardize
these
adapters.
So
we
will
be
kind
of
reviewing
mip
22.
I
think
once
we
finish
up
21
and
see
what
efficiencies
we
can
gain
by
bringing
those
two
together.
Ideally
we'd
like
to
get
to
a
point
where
we
can
just
kick
these
things
off
like
we
kick
out
a
normal
collateral,
but
right
now
we've
got
this
very
bespoke
process.
G
G
E
Maybe
one
thing
to
say
about
mip
22
is
right.
There's,
I
think,
seven
six
proposals
that
want
to
make
use
of
pretty
much
mip
22
or
an
improved
version
of
it.
If
we,
if
we
are
improving
it
along
the
way,
so
I
think
hopefully
we
can
get
you
can
get
to
some
scale
there.
That's.
That
is
definitely
the
idea.
Yeah.
C
That's
mip
22
will
be
reusable
for
all
of
those
that
same
sort
of
format
and
style.
So
I
think
that's
good.
I
think
what
we'll
do
is
we
want
to
take
the
lessons
we
learned
from
21
and
22
and
come
up
with
the
sort
of
proposal
that
you
know
an
overall
like
generic
that
will
work
for
most
real
world
assets
so
that
we
can
use
that
sort
of
template
and
really
knock
these
things
out.
E
That's
cool.
I
have
like
one
question
and
I'm
maybe
I
thought
it
might
be
interesting
for
for
the
governance
community
in
general,
I
mean,
I
know
we
don't
really
concern
ourselves
too
much
with
kowan,
but
how
is
like
maker,
like
the
the
maker
test
instance
managed
in
in
kovan
and
like
who's
actually
doing
something
with
it.
Are
there
several
and
like
what
sort
of
the
testing
process
also
for
like
people
that
are
integrating
that
want
to
test
with
it?
I
think
yeah,
like
I,
couldn't
actually
find
any
information
about
that
online.
G
Yeah,
maybe
I
can
chime
in
here.
If
you
go
to
change
changelog.makerdow.com,
there
is
a
covan
branch
tracked
there,
where
you
can
see
all
of
our
all
of
our
addresses
on
covan.
We
do
have
internal
teams
and
tech
up
teams
that
use
it,
especially
with
new
collateral
types
they're.
They
need
to
test
out
oasis
and
make
sure
that
you
know
everything
everything
works
there.
I
don't
know
how
that's
going
to
work
with
the
real
world
assets,
because
they're
they're
authorized
liquidation
processes,
but
yeah
we
do
use
those
internally.
C
So
so
our
the
smart
contracts
team
has
enough
mkr
to
basically
kovan
and
kr
to
vote
for
stuff,
so
we're
mkr
whales
at
least
somewhere.
And
so
what
will
happen
is
when
we're
ready
to
do
mip
22,
when
it's
ready
to
go
in
like
the
sort
of
lead
up
to
the
executive,
where
we
would
want
to
push
it
to
mainnet,
we'll
we'll
actually
build
the
entire
spell
for
it.
So
all
the
mip
22
stuff
will
lift
all
of
the
integration
tests.
C
You've
written
all
that
code
and
we'll
put
it
into
this
one
kogen
spell
and
that
spell
sort
of
mirrors
the
spell
that
we'll
make
in
mainnet.
So
we'll
do
the
sort
of
heavy
review
on
that
and
any
other
changes
we
make
we'll.
We,
you
know,
push
that
right
into
the
chief
and
then
we
have
the
same
type
of
keeper
that
manages
mainnet
is
managing
casting
stuff
in
covan,
so
it'll,
lift
it
and
then
cast
it,
and
then
we
can
test
in
kovan
with
it
live.
C
So
that's
the
process.
So
I
I
would
say
if
you
want
to
actually
see
how
it
integrates
with
the
system.
Now,
the
only
way
to
really
do
that
is
either
to
deploy
a
separate
instance
of
mcd
in
covan
or
to
deploy
it
on
a
test
net
and-
and
you
can
use
dss
deploy
scripts
to
do
that,
but
that
that's
probably
a
lot
of
engineering
work
that
I
I
wouldn't
do.
C
E
Your
question
yeah,
so
I'm
for
integration
testing,
I
think
we'll
skip
it
and
thankfully
we
can
use
rpc
testing
for
mocking
out
giving
ourselves
enough
mkr
to
to
at
least
in
our
tests,
manipulate
co-one
and
mainnet
dss.
So
that's
fine,
but
I
think
we're
getting
too
much
into
the
technical
details.
But
thanks
for
answering.
C
A
C
C
A
G
If
I
can
bring
up
one
more
smart
contract,
I
think
it's
it's
mentioned
in
the
sidebar
next
week
will
be
kind
of
groundbreaking.
We
we
intend
to
have
a
community
executive
with
the
community
writing
their
own
spell.
I
want
to
point
out
that
the
smart
contracts
team
does
intend
to
review
this
spell,
with
the
exception
of
anything
that
we
are
not
allowed
to
review
for
reasons.
G
A
H
H
What
is
maybe
relevant
to
mention
here
is
that
flap
auctions
adjustments
won't
be
effective
because
there
was
a
confirmed
vote
to
increase
surplus
buffer
with
10
million,
which
is
also
something
I
proposed,
but
I
still
think
everybody
agrees
that
flop
flap
auctions.
Adjustments
were
needed
in
any
case
in
regards
to
our
proposed
debt
ceiling
adjustments.
H
I
also
want
to
mention
there's
another
signal
vote.
I
think
pros
mentioned
it.
The
one
for
dust.
The
current
winning
vote
is
2000
die,
so
the
dust
gets
increased
from
500
to
2000
die
and
if
nothing
changes
until
tomorrow,
in
the
signal
pole,
there
will
be,
there
is
going
to
be
new
dust
value,
think
it
will
follow
into
on-chain
paul
next
week
other
than
that,
as
a
set,
mostly
involved
in
regular
risk
analysis
work.
A
E
A
A
We're
clear
as
to
like
why
we're
doing
that
and
that
you
know
and
and
essentially
like.
Let's
just
know
why,
but
just
like
how
we
can,
I
guess,
remove
that
power
in
the
future
if
we
need
to
so
I
just
want
to
kind
of
remind
you
about
some
things,
so
the
race
group
is
writing
a
myth,
which
kind
of
will
help
govern
what
that
rates.
Group
kind
of
does
and
potentially
make
it
possible
for
there
to
be
multiple
race
groups,
which
would
mean
we
could
see
potentially
competing
proposals.
A
If
someone
or
some
group
wanted
to
set
up
an
alternate
group-
and
I
I'm
kind
of
more
comfortable
with
that-
I
think
that
will
that
kind
of
safeguard
some
of
the
decentralization
stuff
around
that
right?
I
don't
want
to
be
fixed
to
like
one
group
that
can
that
can
kind
of
keep
those
changes
so
yeah
I
just
I
guess,
I'm
not
sure.
I'm
I'm
sure
most
people
aren't
worrying
about
this.
But
if
anyone
is
like
it
is
something
that
we're
thinking
about
actively
so.
A
A
I
Yeah
so
this
week
yeah,
I
was
working
a
little
bit
more
on
commute
development
side
that
we
don't
really
have
too
many
updates.
That
are
specific
for
this
call.
But
I
did
want
to
mention
that
we
now
have
the
maker
relay
in
audio
form.
So
if
you
want
to
listen
to,
it
feel
free
to
share
that
link
to
anyone
who
wants
to
know
what's
happening
in
maker
these
days,
and
then
we
did.
I
I
So
a
lot
of
things
I'm
doing
is
coordination.
It's
not
always
obvious,
and
I
just
want
to
remind
that
to
people
as
well
a
lot
of
things
that
I
see
people
in
the
community
working
on.
Not
luckily
you
know
we
don't
get
to
evangelize
that
as
much
but
there's
so
much
happening,
and
I'm
I'm
really.
I
always
want
to
remind
people
that
this
style
is
growing
like
at
a
really
fast
pace.
I
A
few
kind
of
focuses
I
have
personally
is
some
administration
stuff
that
hang
out
grantees
and
things
like
that,
as
well
as
working
a
lot
on
kind
of
recruiting
and
onboarding.
So
it
is
a
very
unique
situation
to
have
recruiting
for
a
dow.
You
might
have
a
much
more
structured
process
of
onboarding
and
in
a
regular
organization.
So
that's
an
interesting
area
that
exploring
right
now
so
right
now
I've
been
doing
a
lot
of
like
one-on-one
onboarding
for
contributors
and
grantees.
So
we
get
a
sense
of
that.
I
I
The
joke
I
made
is
that
when
you
look
at
what
urine
has
it
has
like
10
projects
on
their
website
around
like
what
kind
of
teams
and
projects
and
we
have
like
90.
So
it's
not
as
easy
for
us
to
state
everything,
that's
happening
and
who's
organizing
it
and
what's
active
and
inactive,
it's
going
to
be
a
pretty
big
master
resource
and
then
david
long
for
wisdom,
and
I
are
working
on
writing
some
emergency
process
procedures.
I
So
that's
a
big
intake
that
we're
gonna
hopefully
have
by
the
rest,
the
end
of
by
probably
mid-february.
There's
a
lot
of
pieces
coming
towards
it,
and
then
one
point
that
I
did
see
in
the
forum
to
clarify
right
now:
there's
a
lot
of
pieces
that
I
think
have
to
do
with,
inter
the
difference
between
like
interim
solutions
and
then
longer
term
solutions
a
lot
of
it
right
now.
I
I
think
there's
a
little
hesitation
when
it
comes
to
sometimes
like
okay,
the
100k,
for
example,
downturn
dow
budget
thinking
of
those
as
like,
smaller
steps
into
something
larger.
So
I
think
there
is
awareness
I
don't
know
how
public
or
like
how
clear
that
is
to
everyone,
but
there
are
teams
that
are
working
on
longer
term
and
like
more
like
structured
ways
of
thinking
about
how
the
doubt
will
operate
just
on
the
operational
side.
A
Yeah,
it
seems
not
yeah.
I
would
kind
of
portray
that
as
well,
especially
the
part
about
interim
solutions
versus
long-term
solutions.
A
lot
of
the
stuff
we're
doing
in
interim
is
not
things
we
would
want
to
do
long
term
like
for
for
governance
reasons,
for
like
centralization
reasons
and
for
lots
of
reasons.
So
so
please
don't
consider
the
interim
things
to
be
permanent
or
things
that
we
should
be
doing
permanently
cool
all
right.
J
Yeah
sure,
quick,
a
quick
word
to
echo
what
amy
was
saying:
I've
been
working
with
different
groups
on
several
fronts
and
we'll,
hopefully,
we'll
have
more
more
information
next
week.
One
of
the
topics
is
decentralizing,
so
yeah,
anything
that
has
to
do
with
more
permanent
ways
of
of
being
decentralized
and
and
organizing
the
whole.
The
whole
thing.
J
The
other
thing
that
long
already
mentioned
were
the
on
the
tools
section.
So
one
of
them
is
the
the
mid
portal
so
we're
trying
to
build
a
ui
so
that
people
can
navigate
the
mips
and
and
hopefully
we'll
we'll,
have
an
mvp
really
really
soon,
and
we
can
start
playing
with
it
and
giving
feedback
and
and
have
a
tool
we
can.
J
We
can
actually
use
to
understand
the
mips
and
and
how
to
work
with
it
on
the
mips
tracker,
I'm
I'm
helping
peyton
he's
doing
all
the
heavy
lifting
but
helping
him
to
well.
Hopefully
we
can
build
a
tool
that
mimics
what
we
did
for
the
collateral
onboarding.
So
we
can
prioritize
what
maps
we
should
focus
on
and
communicate
in
a
clear
way
to
the
well
to
the
community
and
help
ourselves
as
well
and
the
different
teams
to
see
what's
what's
missing,
for
for
each
of
them
to
go
through.
J
So
that
was
the
the
quick
quick
words
of
jumping
into
the
collateral
calls.
We
had
yesterday
a
call
with
the
xdi
team
with
the
map.
Six
application
mistake
very
interesting.
We
also
had
patricia
from
po
up
the
proof
of
attendance
protocol
that
jumped
in
and
explained
why
they
moved
to
2xi
there.
The
call
is
already
on
youtube,
so
you
can
check
it
out
on
the
maker,
though
youtube
channel.
J
J
A
A
F
The
results
came
to
conclusion
about
an
hour
ago
and
are
that
all
inclusion
polls
have
passed,
except
for
the
declaration
of
intent
for
maker
protocol
cover
with
nexus
mutual,
so
that
is
nip
29.
The
psm
mid-30
deformable
adapter
aka
crop
joint
and
sub
proposals
for
onboarding
set
as
a
risk
domain
team,
sam
as
smart
contracts
and
juan
as
a
support
facilitator.
F
F
So
next
week
we
have
the
governance
poll.
I
will
be
published
for
those
six
proposals.
If
long
does
confirm
that-
and
the
bundle
poll
will
run
for
three
days
ending
on
thursday
january
21st
and
then
next
thursday,
we'll
have
the
governance
poll
review
to
confirm
the
outcome
of
that
poll
in
preparation
for
the
final
mips
executive
vote.
F
The
author
is
the
is
alexis
who's
created,
a
bunch
of
proposals
these
past
couple
weeks,
so
we
have
mip
33,
which
is
a
maker
stability,
price
module
which
allows
governance
to
defend
the
mkr
price
by
pre-allocating
diet2buy
at
a
predefined
level.
We
have
mip
35,
which
is
a
psm
twist
with
compound
mixed
exposure
plus
an
addition
of
farming
functionality,
so
it
will
basically
be
a
psm
type
system
which
converts
usc
to
dye
and
usdc
and
use
it
to
farm,
and
we
have
note
36,
which
is
also
peg
stability.
F
Related
compound
governance
leverage
die,
so
this
is
controlled
by
governance
and
ultimately
uses
flash
minting
technique
paired
with
note,
35
and
mip
32
for
dial
ending
to
leverage
mcgraw's
position
on
cda.
If
those
proposals
were
to
also
be
accepted
in
terms
of
proposals,
in
the
request
for
comment
stage,
we
have
a
new
one
proposed
by
sam,
which
is
the
keg
streaming
payments
module
at
34..
F
F
Redesign
mid-31
and
mid-32
also
proposed
by
alexis
mip
31,
is
a
technical
proposal
for
an
active
reserve
based
on
the
unisov
v2
contract
and
the
32
is
the
psm
for
the
compound
mix
exposure
which
would
work
with
the
proposals
mentioned
in
conception
and
as
mentioned
it's
just
an
extension
of
the
psm,
I'm
allowing
psm
to
leverage
ustc
using
cdi.
I
can
converting
usdc
to
cusd
using
the
same
joint
adapter
and
in
terms
of
subproposals.
F
F
Other
ones
that
are
still
being
brought
up
are
the
throttled
surplus
buffer,
a
plan
to
launch
a
grand
mpr
yield
farming
program,
sending
dye
to
a
large
market
cap
and
real
estate
tokenization,
and
a
delegation
of
authority
proposal
idea
in
terms
of
collateral,
onboarding
updates.
There's
a
few
awaiting
an
executive.
F
That's
package
g6s
rwa,
which
chris
and
matt
rivenowitz
just
mentioned
earlier:
the
swap
v2
pairs
for
usdc
eth
and
wrapped
bitcoin
eth
the
route
bitcoin
one
had
just
passed
the
governance
poll
this
week
in
terms
of
the
green
light
polls
for
new
collateral
types
for
the
community
to
vet.
We
have
w
phil,
p1
drop
steak,
steak,
diet
and
the
two
other
unisquad
v2
pairs
of
dye,
usdc
and
isdt.
F
I
actually
officially
left
my
last
day
was
this
tuesday,
but
I
will
still
be
around
in
the
community
and
I'm
still
the
mip
editor,
as
well
as
to
keep
supporting
governance
and
mips
or
wa
and
dow
initiatives
down
the
line.
So
just
wanted
to
make
that
clear
to
everyone
and
yep.
That's
it!
That's
my
update
for
today
and
thanks
all.
A
A
All
right,
let
me
just
do
the
inclusion
review
then,
as
charles
said
all,
but
one
of
the
inclusion
polls
passed
and
I've
seen
a
reason
why
those
the
ones
that
passed
can
continue
to
the
mips
bundle
poll
on
monday.
The
one
that
did
not
pass
was
the
declaration
intent
for
nexus
mutual
insurance
for
the
maker
protocol,
so
that
one
will.
E
A
All
right,
I
think
that
covers
that
that
pretty
much
brings
us
to
the
end
of
our
defined
agenda.
So
if
you
don't
have
any
questions
or
wants
to
debate
anything
for
the
last,
why
we're
still
pretty
early?
Actually,
so
we've
got
it
a
good
20
minutes.
If
anyone
wants
to
start
something
sort
of
a
reasonably
meaty.
A
So
I
think
it
was
amy
mentioned
onboarding
and
I
mentioned
I'm
building.
As
part
of
my
update,
I
had
a
recent
conversation
with
pretty
much
what
we're
kind
of
talking
about
onboarding
and
how,
in
some
ways
it's
kind
of
a
lot
easier
than
in
traditional
kind
of
settings,
because
you
know
we
kind
of
have
this
community
and
there's
a
lot
of
kind
of
very
motivated
and
smart
people
in
the
community,
and
that
makes
it
quite
easy
to.
A
A
H
H
Yeah
yeah
there's
there's
not
really
much
to
say,
but
except
for
the
part
that
yeah
I
mean
most
of
my
team
actually
consists
of
community
members.
So
when
I
see
nice
replies
on
forums,
it's
much
easier
to
get
in
touch
with
them
and
then
you
know
see
if
they
cover
part
if
they
can
cover
part
of
the
risk
or-
and
that's
usually
because
people
who
come
to
forums
they,
you
know
they
know
something
about
maker
maker
could
be
quite
complicated.
So
you
know
in
the
past.
H
I
remember
we
tried
you
know
tweeting
out,
you
know
people
joined
risk
team
at
maker,
but
you
know
some
ambitious
people
applied,
but
it's
actually
really
hard
to
start
from
the
beginning
because,
as
I
said
maker,
it
could
be
complicated
and
you
know,
working
on
risk
case
could
be
hard
and
it's
much
easier.
If
you
know
people
know
about
it,
because
we
don't
need
to
educate
them
so
yeah.
I
I
really
feel
great
that
the
community
participation
is
growing,
conforms
and
you
know
just
for.
H
For
example,
last
last
week
there
was
a
call
about
auctions.
There
was
andy
who
made
really
great
insights
and
I'm
really
in
touch
with
him
and
he's
gonna,
hopefully
help
us
with
auction
analytics,
which
is
one
of
the
angles.
We've
been
a
bit
missing
in
the
past
yeah.
So
that's
actually
my
my
impression
about
how
to
deal
with
such.
G
Yeah,
I
just
want
to
say:
welcome
to
the
smart
contract
slide.
Sam
looks
like
you
know.
The
first
first
stage
is
is
complete
there,
for
you,
decentralized
engineering
is
a
very
stressful
thing.
You
know
there's
like
an
orchestration.
That
generally
happens.
I
hope
that
we
can
work
together
to
make
this
succeed
and
I
look
forward
to
it
so
welcome
aboard
and
we'll
see
you
we'll
see
you
making
that
executive
next
week
excited
for
that.
F
F
F
That
seems
like
they're,
pretty
quick,
so
yay
so
next
week,
we'll
be
crafting
the
community
executive
and
the
plan
is
to
increase
the
psm
debt
ceiling
to
80
million
then
and
attach
a
lerp
module
so
that
we
can
increase
it
by
an
additional
35
million
per
week
up
to
the
target
500
million
after
12
weeks.
So
we
find
we
think
this
is
sort
of
a
nice
balance
between
like
being
a
little
cautious
but
also
moving
toward
the
governance
mandated
goal.
F
A
C
F
E
G
I
I
also
want
to
mention,
I
think
a
lot
of
things
that
has
have
been
working
for
us
is
when
you
have,
when
you're
kind
of
hiring
through
community.
It's
much
like.
I
think
that
one
of
the
principles
is
organic
first,
so,
instead
of
putting
a
jd
out
and
then
a
people
apply
and
you
go
through
it,
you,
you
kind
of
say
like
here's,
some
stuff
that
needs
to
be
done,
or
people
self-identify
and
say
like
this
stuff
that,
I
think,
should
be
done
and
just
do
it.
I
I
think
sam
is
like
the
master
of
that
like
oh
here.
It
is,
and
he
like
presents
something
so
the
way
that
I
think,
if
we
want
to
kind
of
continue
that
we're
gonna,
a
lot
of
things
that
we've
been
seeing
that's
been
working
is
having
something
like
autonomous
make
or
doubt
when
we
kind
of
identify
a
few
key
areas
and
then
being
able
to
kind
of
like
people
fill
with
their
skill
sets
just
kind
of
fill
in.
Maybe
one
sort
twice
I've
seen
where
it
doesn't.
I
People's
like
skill
sets
doesn't
necessarily
fit
exactly
or,
and
we've
kind
of
like
recalibrated
a
little
bit.
So
sometimes
you
might
see
that,
but
usually
that's
been
working
for
us.
It's
kind
of
like
a
slow
and
steady
route
rather
than
a
like.
Let's
just
bring
on
people
and
have
like
a
formal,
recruiting
committee
or
something
but
that's
just
kind
of
the
state
we're
in
right
now.
A
A
A
I
guess
so
maybe
it's
worth
mentioning
some
of
the
like
auction
stuff
a
little
bit
more
again,
because
we
had
that
as
like
a
it's
a
fairly
major
part
of
last
week's
meeting.
So
we
saw
the
kind
of
poll
this
week
passed
for
updating
the
big
and
the
ttl.
I
believe
it
was
for
the
flap
options.
Obviously
we
haven't
seen
that
implemented
yet
so
we
don't
know
how
much
of
an
effect
it's
going
to
have.
C
A
E
A
C
Yes,
with
a
moment
of
silence
I'll
say:
does
anyone
put
any
thought
into
the
idea
of
trying
to
find
a
community
member
that
would
be
willing
to
to
bite
liquidations
for
the
rest
of
the
auction
types
out
there
like?
So,
basically,
we
we
would
end
up
like
reimbursing
them
for
bytes
or
give
them
some
amount
of
money
to
call
bytes
or
something
like
that,
at
least
until
we
get
to
liquidations2o,
where
we
have
an
incentive
mechanism.
A
This
is
kind
of
similar
to
what
like
b
protocol
was
proposing
like
yarn
and
things.
It's
possible
they'd
be
willing
to
run
a
bot
to
do
that,
like
they
were
kind
of
talking
about
it
within
relation
to
keeping
like
you
know,
low
low
debt
vaults
right
below
or
that
have
like
close
to
the
dust
limit
right
or
below
the
doesn't
it,
but
maybe
they'd
be
willing
to
do
much.
F
Yes,
I
was
going
to
say
that
this
has
kind
of
become
going
to
become
a
bit
more
of
a
problem.
These
requiring
these
altruistic
bites.
So
I'm
I'm
developing
the
psm
flipper
as
well,
and
currently
the
design
requires
these
altruistic,
biters,
so
yeah,
something
like
brian
saying,
the
keeper
network
or
dss-cron
or
something
we
will
need
to
address
this
in
a
more
permanent
way.
G
E
A
G
If
we're
throwing
out
ideas
for
for
new
community
roles,
I
think
chris
brought
it
up
last
week,
but
one
thing
that
we've
identified
might
be
very
helpful,
for
the
system
is
to
have
a
more
of
a
product
manager,
type
of
role
that
works
with.
You
know,
front-end
developers
and
smart
contracts,
and
you
know,
documentation,
developers
and
map
editors
to
kind
of
take
care
of
a
project
from
the
full
life
cycle.
G
So
we
can
add
a
new
smart
contract,
but
without
the
documentation
like
new
developers,
can't
come
in
and
quickly
get
up
to
speed
on
it
integrators.
If
it's
not
documented,
may
just
decide,
you
know
it's
not
worth
taking
the
time
to
integrate,
so
documentation
is
important.
The
uis
are
important.
One
of
the
things
that
we
realized
on
black
thursday
was
that
we
didn't
have
a
good
ui
for
the
auctions.
We
just
kind
of
assumed
that
people
would
come
in
and
use
them.
G
So
you
know
having
some
of
the
one
that
can
control
all
of
the
aspects
around
or
not
control,
but
facilitate
all
of
the
aspects.
Around
a
release
of
a
new
item
would
be
insanely
beneficial,
so
the
foundation
kind
of
takes
care
of
this
now,
but
I
just
want
to
toss
it
out.
There's
an
idea
that
that's
an
opportunity
for
someone
to
to
coordinate.
A
G
Every
time
we
add
a
new
module
on
every
a
new,
you
know
adapter
or
something
like
that
somebody's.
You
know
somebody's
going
to
learn
that
when
they
come
in
to
get
their
head
on
the
system,
and
so
every
time
we
add
a
new
thing,
if
it's
not
streamlined,
you
know.
That's
that's
another
cognitive
overhead
item,
so
documentation
is
important
and
then
just
accessibility
for
the
community
and
integrators.
A
So
essentially,
since
we're
talking
about
new
roles,
this
reminds
me
of
something
else,
someone
I
think
it
was
swagger
posted
on
the
forum
kind
of
doing
an
informal
poll
as
to
whether
we
wanted
to
you
know.
With
the
make
a
day
I
should
employ
like
a
recruiter,
which
is
like
essentially
someone
I
mean
people
know
recruiters
do,
might
go
and
find
people
to
do
the
things
that
we
want,
that
we
need
people
to
do,
and
then
at
least
you
know
make
an
introduction
between
them
to
the
tower
right.
B
A
Yeah,
because
I
think
you
know
we
were
kind
of
commenting
earlier
on
like
the
community
on
boarding
things,
and
I
think
that
works
great
for
some.
I
think
that
was
better
for,
like
some
things
than
others
right
like.
I
think.
Oh
that's
pretty
much
like
it's
quite
for
risk.
I
think
it
works
very
well
for
governance.
It
seems
to
work
okay
for
smart
contracts,
maybe
as
well,
but
for
some
of
those
like
kind
of
softer
roles.
It's
maybe
maybe
not.
A
I
Just
to
add
to
that
a
lot
of
the
things
that
I've
been
fielding,
the
interim
solutions
versus
long-term
solutions,
bringing
that
back
what
the
dow
can
offer
things
like
that,
so
you're
not
like
a
traditional
company
that
offers
xyz
and
this
and
I've
been
having
a
lot
of
conversations
kind
of
setting
expectations
in
terms
of
yeah.
You
get
receive
and
die,
there's
different
ways
you
can
coordinate.
So
I
I
think
it
will
also
help
once
that
is
a
little
bit
more
off
like
us
fighter.
I
I
guess
like
clearly
kind
of
decided
on
in
the
dao
and
then
we
can
go
ahead
and
be
more
active
on
it.
So
maybe
I'm
just
like
super
patient
about
it,
but
I
think
that's
why
the
being
active
in
the
conversations
around
these
are
pretty
important
because
it
starts
setting
what
what's
the
benefits
for
working
in
the
dome.