Formal Governance

Thank you all for joining the formal governance meeting. We have 16 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.

Dev Update:

Maker Core

• Multisig tool to follow proposals
  • https://dbrock.github.io/ds-multisig-ui/#0xe02640be68df835aa3327ea6473c02c8f6c3815a
  • https://steemit.com/makerdao/@dbrock/makerdao-multisig-dashboard
• Categorize data based on how it gets updated
• Simplifications of the CDP engines
• Defining layers of interactions
• Propose a system update to distribute the rest of the unclaimed MKR

Maker Market

• Market now open
• Maker Market & OTC updated to Solidity 0.4.2 and Dapple 0.8.11 thanks to Denis for his support

Token Auction / Weekly MKR Auction (UI)

• Re-factoring for latest dappsys

Simple Stable Coin

• 2M gas limit (still) blocks new deployment

Simple Stable Coin

• Mariano & Gonzalo working on Simplecoin Explorer for Issuer & Consumer
  https://github.com/makerdao/simplecoin-explorer

Maker-core roadmapping

MKR Sale update

• Sold 1500 MKR, raise 1603.5 ETH with 1500 still to sell
• Will sell 300 per day

Video

• No update

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

• Enhanced Communications

  • Weekly newsletter
  • Blog content
  • Coordinated community effort
  • Re-engage on reddit

• CIF community introducing first CIF framework RFC document

• Continued fundraising (update)

October Budget

Name	USD Equivalent
Nexus	$20,000
OneUP	$26,700
Rain	$10,000
GGT	$5,000
Total	$61,700

Audio Link