Formal Governance
Thank you all for joining the formal governance meeting. We have 12 participants on the call today.
This part of the meeting will be recorded and is meant to simulates on-chain proposals. Proposals need to be clearly stated, debated, and generally agreed to prior to the meeting. Once a proposal has gone through these three checks it can be brought up in the formal governance meeting for finalization. Proposals should be posted to forum.makerdao.com and can also be discussed in #proposal-discuss on Rocket Chat
Upon conclusion of the formal portion of the meeting, further topics will be discussed and debated.
Voting Proposals:
None
Dev Update:
Maker Core
- Daniel, Mikael and Nikolai working hard on the CDP engine
- Rewrote core components to reflect new terminological paradigm
- First closed pre-alpha Ropsten deployment planned for next week
- Put together basic CLI for Dai Credit System issuer entrypoints
- Identifying ways to radically simplify the exponentiation math
Maker Market
- https://mkrprice.herokuapp.com now reports bid, ask and 24h volume
- New UI, with REP and ICN support, running against the main net at http://maker-market.surge.sh/#trade/W-ETH/MKR
Maker Model
- Discussed engine with Jake “I feel I have a pretty good idea of how the system works conceptually. Now I'd like to put together a document that will try to outline what components/economic agents/events need to be modeled. Will post it here for feedback.”
Token Auction / Weekly MKR Auction (UI)
- Blocked on simplecoin
Simple Stable Coin
- Waiting for testing feedback from initial issuer group before we put it on livenet
- OneUp completed price feeds
MKR Sale update
- 9k not up for sale sale, and 6k MKR in orders
- Zandy address: 0x5dE04d63fCdA29B72c421eB0bD8c660321Ce68eD
- 3058 ETH from 2100 MKR from Rune
Video
- Storyboard for video 3
- Redo voice over for first video
General Topics:
Topics discussed here are not binding and should not be taken out of context of an open discussion. More is said during the general topics than what can be faithfully transcribed into written text
Governance
Round 2 bonus
January Proposed Budget
| Name | USD Equivalent |
|---|---|
| Nexus | 30,000 |
| OneUp | 15,000 |
| OnChain | 5,000 |
| Total | 50,000 |
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