Formal Governance
20 in attendance
Formal governance meeting 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] (https://forum.makerdao.com/) and can also be discussed in #proposal-discuss on [Rocket Chat] (http://chat.makerdao.com/)
Development proposal #2 by OneUp
- Increase of OneUp dev team to 3.2 full time employees
- USD 26,700 USD / month
- We would accept payment up to 50% in MKR, the other 50% in ETH and/or BTC.
https://forum.makerdao.com/t/maker-development-proposal-2-by-oneup/677
MKR reimbursement to Rune
- 1000 MKR for August budget
- 30500 USD was paid out
Development proposal #2 by rain
- Increase in budget to $10000 / month, commencing September
https://forum.makerdao.com/t/development-proposal-2-by-rain/679/1
September Budget
| Name | USD Equivalent | % in MKR | MKR | Remaining |
|---|---|---|---|---|
| Nexus | $20,000 | 25% | 142.86 | $15,000 |
| OneUP | $26,700 | 50% | 381.43 | $13,350 |
| Rain | $10,000 | 50% | 142.86 | $5,000 |
| GGT | $5,000 | 100% | 142.86 | $0 |
| Rune | 1000.00 | |||
| Total | $61,700 | 1810.01 | $33,350 |
https://docs.google.com/spreadsheets/d/1SxOZKbFVqm2uCzI36TDRxt1E6oRsepCTAOjYcedek_M/edit?usp=sharing
Dev Update:
Security Audit
- Completed https://github.com/makerdao/audit-2/blob/master/makerdao_audit_aug_2016_public.pdf
- Open Q&A with Peter Vessenes
Maker Core
- OneUp developer
started this week, he is working on some relatively minor issues to get acquainted with the codebase.
Maker Market
- Implementation of new design by geronimo.
- New improvements on the design, would love to get some feedback:
https://github.com/MakerDAO/maker-market/issues/7#issuecomment-242971356
Token Auction / Weekly MKR Auction (UI)
- Testing deployment on mainnet. Some environment related issues with the tokens to be resolved.
Simple Stable Coin
- Need some high level issues to be created in github repo.
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.
Governance and control
