# Composable Recap 6 By [opensky](https://paragraph.com/@opensky) · 2023-10-05 --- The only constant is change… Composable AVC changed… it became part of something bigger.. and more complete. Alongside us, opensky, LDF, stefdelev and our most recent AVC member TB stepped down form Composable and joined KISS AVC alongside IAmMeeoh and DAI-Vinci. We felt that our agendas naturally complement each other, and by combining forces we would create something more powerful and more beautiful. KISS with their focus on simplicity and their excellence in execution Composable with their focus on scalability and their unique culture This recap is therefore more personal and introspective than previous ones. This is not business as usual. Because we write this publication from our personal point of view, we can take the liberty to alter the format at will. To follow our impulses. We can hope the reader enjoys this freedom, too. This newsletter will be used to recapitulate on our quarter as an AVC.\\ * * * The quarter began with us, opensky, manning the meetings alone. We had lost communications with both other members, LDF and David Phelps. Phelps was expected, the Discord server had banned him for his last name containing “help”. LDF was unexpected. In some ways, she had been the voice (literally) and the soul of these meetings and had moderated them. We stumbled along and the delegates humoured us. Some progress was made. Penguin Soldier joined the AVC as a delegate. Our second. BLUE AD was the only one left after the anonymity requirements had forced most of ours out of the DAO. Thankfully LDF resolved to come back in force and from there on we made good progress. With her stefdelev joined and later TimB, a true Maker original. We now had a true force. We managed to put our heads together to produce the required output, and it turned out very much to our satisfaction. You can read up on it on the Maker Forum: [https://forum.makerdao.com/t/composable-avc-q3-aligned-scope-proposals/22186](https://forum.makerdao.com/t/composable-avc-q3-aligned-scope-proposals/22186) [https://forum.makerdao.com/t/composable-avc-q3-aligned-governance-strategy/22185](https://forum.makerdao.com/t/composable-avc-q3-aligned-governance-strategy/22185) If you want a more chronological approach, you can read our discussion on a meeting by meeting basis here: [https://forum.makerdao.com/t/composable-avc-q3-23-discussion/21383](https://forum.makerdao.com/t/composable-avc-q3-23-discussion/21383) So why did we decide to merge? Did we betray our ideals? In a nutshell, we felt the full effect of the African proverb: _“Alone you can go fast, together you can go far”_ We felt we could profit from KISS’s process and deep technical expertise. And we also felt that our culture and focus on reusability would take these qualities and amplify them. After some deliberation and a emoji poll we decided to merge. Thankfully IAmMeeoh and DAI-Vinci welcomed us with open arms. One door closes, another opens. On to new horizons. * * * **DAI Supply update** ![DAI stablecoin collateral at new lows](https://storage.googleapis.com/papyrus_images/89c1a5c9a9d8e6a97091f17c64a135d075191003cc9fb07a132a6370c9bab03b.png) DAI stablecoin collateral at new lows DAI supply was trending slightly downwards this week. It is unclear whether this is because Coinbase now also offers 5% on USDC or if there are other reasons. But stablecoin collateral has reached a new low. Clydesdale and Andromeda deliver. * * * **Poll update** Four new polls entered the voting cycle this week. We would like to point out two of them: [https://vote.makerdao.com/polling/QmUqRvBm](https://vote.makerdao.com/polling/QmUqRvBm) [https://vote.makerdao.com/polling/QmX95EAi](https://vote.makerdao.com/polling/QmX95EAi) Spark is further coming into it’s own, and onboarding these two stablecoins in eMode will simply strengthen this trend. Please visit the portal and vote, if you have MKR. It’s only governance if you govern, we heard. --- *Originally published on [opensky](https://paragraph.com/@opensky/composable-recap-6)*