Formal Governance
Thank you all for joining the formal governance meeting. We have 9 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.
Maker Design Award to Geronimo (approved)
- 60:00 h of work at $30 per hour, $1800 total to be paid in MKR
- MKR price to be determined at the meeting .915 in ETH at $7.23 in USD
- https://forum.makerdao.com/t/maker-design-reward-iii/738
Delegate 35,000 MKR to Andy Milenius (approved)
Change Governance meeting to 16:00 UTC starting 2017, Jan 1st (approved)
Dev Update:
Maker Core
- Updated 925 work
Maker Market
- GNT support added to https://makerdao.github.io/markets/#GNTETH and https://mkrprice.herokuapp.com
Token Auction / Weekly MKR Auction (UI)
- No updates
Simple Stable Coin
- No updates
MKR Sale update
- 1914 ETH for 2100 MKR
Video
- Further revision of script three
- Public review coming
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
Dev resource allocation
- Feedbase, whitelist, simple coin, CDP
Proposal guidelines
Cancel Meeting for December 25th and Jan 1st
Polychain discussion
December Budget
| Name | USD Equivalent |
|---|---|
| Nexus | 20,000 |
| OneUp | 10,000 * |
| GGT | 5,000 |
| Total | 35,000 |
