.@BackedFi submitted a Collateral Onboarding Application (MIP6) for tokenized short-term permissionless securities backed 1:1 with an underlying short-term bond ETF. A recap of this interesting and strategic proposal. 🧵 1/

The latest Executive Proposal is now live on the Maker Governance portal! We encourage $MKR holders and Delegates to consider voting on this Executive Proposal if they support the following changes to @MakerDAO. vote.makerdao.com 👇🗳 1/

These four Collateral Onboarding Applications are taking their final steps toward the full implementation into the Maker Protocol: • rETH • @compoundfinance D3M • Huntingdon Valley Bank • Societe Generale What is the status? 🧵

The Maker Governance votes to determine how to allocate 500 million DAI between different investment strategies. This allocation poll is a result of the passage of MIP65: Monetalis Clydesdale: Liquid Bond Strategy & Execution. A recap on how it would work. 🧵 1/

Maker Governance activity is heating up. Whatever the reason, this is a meaningful moment for the involvement of decentralized governance within a decentralized autonomous organization. As a DAO, record highs in governance participation are something to celebrate. 🗳 1/

G-UNI tokens now represent 12.4% of all Dai collateralization. ETH-A, ETH-B, and ETH-C are almost perfectly balanced with 6.9%, 6.6%, and 6.8% respectively. WBTC-A is now the largest volatile-asset vault type.

The Maker Governance has voted to buy and burn MKR with 3 million DAI within a 3-month period. This proposal is called "Deploy a Trial Permissionless Open Market Operation" and its Governance Poll was approved last week. A recap on how it will work. 🧵 1/