openskyComposable Recap 9
Stability, Security and Deep Work… The last week was dedicated to discussions of the Stability Scope. An unstable stablecoin is like yesterday’s papers. Useless. Risk management is a key element of DAI’s stability and MakerDAO is happy to have BA Labs as advisors here. Another important aspect of stability is managing and monitoring what RWA arrangers are doing. After all just two entities, Monetalis Clydesdale and BlockTower Andromeda manage the majority of MakerDAO’s RWA allocation. While t...
openskyComposable Recap 8
Igniting the future… MakerDAO co-founder Rune Christensen is now hosting weekly calls to further the development of the Governance AI Tools (GAIT). Recently all delegates and facilitators have been tasked to prepare material for the AI system to digest. https://forum.makerdao.com/t/atlas-and-gait-call-tasks-for-next-week/22458 But first, we want to ask our readers to apologise the missing edition of this newsletter. Last week saw us confronted with an endless stream of obligations both privat...
MKR AVC member. Researching all things MakerDAO. Self custody is the future.
openskyComposable Recap 9
Stability, Security and Deep Work… The last week was dedicated to discussions of the Stability Scope. An unstable stablecoin is like yesterday’s papers. Useless. Risk management is a key element of DAI’s stability and MakerDAO is happy to have BA Labs as advisors here. Another important aspect of stability is managing and monitoring what RWA arrangers are doing. After all just two entities, Monetalis Clydesdale and BlockTower Andromeda manage the majority of MakerDAO’s RWA allocation. While t...
openskyComposable Recap 8
Igniting the future… MakerDAO co-founder Rune Christensen is now hosting weekly calls to further the development of the Governance AI Tools (GAIT). Recently all delegates and facilitators have been tasked to prepare material for the AI system to digest. https://forum.makerdao.com/t/atlas-and-gait-call-tasks-for-next-week/22458 But first, we want to ask our readers to apologise the missing edition of this newsletter. Last week saw us confronted with an endless stream of obligations both privat...
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Another remarkable week in MakerDAO.
GovAlpha, the veneered institution that is the blueprint for DAO governance operations across the industry are no longer the key governance facilitators since last week. Patrick_J and LongForWisdom stepped down, and two new governance facilitators are set to onboard thanks to the ratification of MIP102c2-SP16.
JanSky and VoteWizard are the new referees and have been tasked with stewarding governance into the next phase of the Endgame. The full reason why LeBateleur was not included in the list, even though they went through the rigorous ten week training course and were voted in previously remains unclear and caused a fair amount of finger pointing and drama. Please read the forum post replies and bring some popcorn.
Speaking of drama. Rune announced Solana as the most promising candidate for MakerDAO’s NewChain. The result was a deeply researched thread of industry leaders espousing the merits of their favourite chain or stack. From Ethereum rollups to SVM on Ethereum, to Cosmos, to SEI to other, Move based, chains…. The discussion was deep and fruitful. The development has a few years to go, so no dice have been cast yet.
If you want to educate yourself on the advantages of different types of chains, this forum post and it’s replies might be the crash course you were looking for.
The AVC cycle focused on Real World Assets (RWAs) mostly and more specifically about how to monitor them. PaperImperium gave a presentation on the Composable AVC meeting and had long and hefty discussion with Steakhouse Financial contributors about the real yield of the different trust structures MakerDAO employs to manage treasury bill exposure via outright purchase or ETFs.
He proposed that RWA collateral to have more stringent and standardised monitoring in his forum post here, that will go to poll soon.
More and more AVCs now have written requirements for their ADs and Rune is also thinking of tightening the necessary output so the DAO gets a good deal for the pay it provides.
KISS AVC have a highly developed structure to their meetings, and require delegates to provide scope language as well as short explainers of relevant topics. Sovereign Finance AVC also requires some written output from their delegates.
It seems sensible to manage expectations in that way, and we’re certainly thinking about similar measures for Composable AVC. Currently delegates give input for this newsletter.
We’re excited to see another week in MakerDAO. A lot is at stake and the incredible talent here is like nothing else.
If you have some MKR and want to guide the direction of the DAO. Reach out to .opensky on Discord and join Composable AVC. The place where governance becomes efficient and fun.
Another remarkable week in MakerDAO.
GovAlpha, the veneered institution that is the blueprint for DAO governance operations across the industry are no longer the key governance facilitators since last week. Patrick_J and LongForWisdom stepped down, and two new governance facilitators are set to onboard thanks to the ratification of MIP102c2-SP16.
JanSky and VoteWizard are the new referees and have been tasked with stewarding governance into the next phase of the Endgame. The full reason why LeBateleur was not included in the list, even though they went through the rigorous ten week training course and were voted in previously remains unclear and caused a fair amount of finger pointing and drama. Please read the forum post replies and bring some popcorn.
Speaking of drama. Rune announced Solana as the most promising candidate for MakerDAO’s NewChain. The result was a deeply researched thread of industry leaders espousing the merits of their favourite chain or stack. From Ethereum rollups to SVM on Ethereum, to Cosmos, to SEI to other, Move based, chains…. The discussion was deep and fruitful. The development has a few years to go, so no dice have been cast yet.
If you want to educate yourself on the advantages of different types of chains, this forum post and it’s replies might be the crash course you were looking for.
The AVC cycle focused on Real World Assets (RWAs) mostly and more specifically about how to monitor them. PaperImperium gave a presentation on the Composable AVC meeting and had long and hefty discussion with Steakhouse Financial contributors about the real yield of the different trust structures MakerDAO employs to manage treasury bill exposure via outright purchase or ETFs.
He proposed that RWA collateral to have more stringent and standardised monitoring in his forum post here, that will go to poll soon.
More and more AVCs now have written requirements for their ADs and Rune is also thinking of tightening the necessary output so the DAO gets a good deal for the pay it provides.
KISS AVC have a highly developed structure to their meetings, and require delegates to provide scope language as well as short explainers of relevant topics. Sovereign Finance AVC also requires some written output from their delegates.
It seems sensible to manage expectations in that way, and we’re certainly thinking about similar measures for Composable AVC. Currently delegates give input for this newsletter.
We’re excited to see another week in MakerDAO. A lot is at stake and the incredible talent here is like nothing else.
If you have some MKR and want to guide the direction of the DAO. Reach out to .opensky on Discord and join Composable AVC. The place where governance becomes efficient and fun.
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