Formal Governance

Thank you all for joining the formal governance meeting. We have XX participants on the call today.

This part of the meeting will be recorded and will serve as the formal record of the community consensus. 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 part of the 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.

On Record:

Dev Update:

Maker Core (DRI: nikolai):

Working through purple paper with study group
Jack and Dens working on translation for formal verification
Internal debt being tracked as a token inside vow

Oasis (DRI: R001):

OTC offer matching working
Document describing unlimited offer matching, and one that can be integrated into the DAI Credit System
Minimum price added for offers, aso adjustable
Non-ageing: contract can run without slowing down
https://oasis-pro-by-reverendus-and-r001.surge.sh ready to be thoroughly tested
Added Gas estimate

Maker Model (DRI: mbrock ):

No update

Simple Stable Coin (DRI: zandy):

Mariano: Deployed to test network Kovan
Updates and features added to the command line interface
Publishing to various package managers
Update simplecoin explorer to add features
Links coming soon will be looking for testing
Next week will be working on keepers

Video (DRI: kenny):

Proof of work: finished animation for video on and two thirds complete on video two
Gary’s Video: sent to animator and voice actor. Rough draft in about a week

Foundation Update:

MKR Sale update (DRI: rune + zandy):

903 ETH for 1050 MKR
https://etherscan.io/address/0x7bb0b08587b8a6b8945e09f1baca426558b0f06a
Delivery of white paper to MME is last step before approaching regulators.
Currently we are experiencing some delays because one of the lawyers was in an accident.

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

March Budget Guidance