Formal Governance
Thank you all for joining the formal governance meeting. We have 19 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:
OneUp Jan Invoice (approved)
- $15,000 USD in ETH
- https://forum.makerdao.com/t/oneup-invoice-for-january-2017/774
- USD $15,000 (1294.22 ETH at $11.59) for work completed in January
Dev Update:
Maker Core (DRI: nikolai):
- Implemented
dapp(dh), a dapple successor with cleaner build/package management - Made maker-core work with its dappsys dependencies using the actual package infrastructure
- It works
- Design improvement:
vatnow tracks liquidation state “during” liquidation, meaninggrabis split intograb(begin liquidation for CDP) andplop(resolve liquidation for specific CDP with obtained dai and possibly leftover collateral). The engine processes the refund. This change, like the last engine/settler api change, significantly simplifies specifying a “valid”vowin terms of quasi-contractual terms, which in turn makes designing settler contracts (like a semi-manual one) much simpler - Finished new version of target price feedback mechanism
- Deployed first test version of vat component to Ropsten
Maker Market (Oasis) (DRI: Run via 3rd party):
- Few maintenance issues needed to be taken care of before re-deploy
- Coordinate relaunch of market
Maker Model (DRI: Jake - mbrock - haskell work):
- No update
Simple Stable Coin (DRI: zandy + OneUp):
- OneUp to work on feed instances
- Deployed feed aggregator to Ropsten
MKR Sale update (DRI: rune + zandy):
- Rune sold 1050 MKR for 2624 ETH
- No sales by zandy
Video (DRI: kenny):
- Animation work
Foundation:
- Moving forward with MME
- Retainer posted
- Zug based
- 2 - 3 month set up
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
Simple Coin [high priority]
February Guidance Budget
| Name | USD Equivalent |
|---|---|
| DappHub* | 45,000 |
| OneUp | 15,000 |
| OnChain | 5,000 |
| Total | 65,000 |
- Formerly Nexus development
