# Composable Recap 2

By [opensky](https://paragraph.com/@opensky) · 2023-09-05

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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](https://forum.makerdao.com/t/mip102c2-sp16-mip-amendment-subproposal/21579).

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.

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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](https://forum.makerdao.com/t/explore-a-fork-of-the-solana-codebase-for-newchain/21822) and it’s replies might be the crash course you were looking for.

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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](https://forum.makerdao.com/t/mip102c2-sp4-mip-amendment-subproposals/20035), that will go to poll soon.

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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.

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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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*Originally published on [opensky](https://paragraph.com/@opensky/composable-recap-2)*
