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Merge pull request #1115 from makerdao/Scope-Bootstrapping-Edits-2024…
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Scope Bootstrapping Edits
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0xldr authored Jul 8, 2024
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7 changes: 5 additions & 2 deletions MIP104/MIP104.md
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Expand Up @@ -249,9 +249,10 @@ Arrangers are onboarded or offboarded based on a governance poll by MKR voters,

List of current active Arrangers:

- Monetalis
- Blocktower

Following the voluntary offboarding of Monetalis as an active Arranger, the Clydesdale RWA Arranged Structure must be wound down by the Support Facilitator in collaboration with Monetalis or another suitable entity that can act as interim arranger to ensure a smooth and orderly wind down of the assets in Clydesdale that minimizes fees and maximizes return.

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#### 5.1.4: Arranger Reports and Stress Tests
Expand Down Expand Up @@ -391,7 +392,9 @@ If the Dai Collateral portfolio contains less than 20% Cash Stablecoins, the ass

##### 7.2.3: Low Risk RWA

Clydesdale and Andromeda are two RWA Arranged Structures that can allocate capital into Low-Risk RWA (LRR), safe, short term treasury strategies of less than 1 year duration. Whenever excess Cash Stablecoins must be allocated into LRR, or whenever LRR must be sold to replenish Cash Stablecoins, the amounts allocated or sold are split equally among the two RWA Arranged Structures. As a result, the two RWA Arranged Structures should generally always track the same amount of exposure into LRR, although short term discrepancies for operational reasons are acceptable.
Andromeda is the RWA Arranged Structure that can allocate capital into Low-Risk RWA (LRR). LRR is safe, short term treasury strategies of less than 1 year duration. Whenever excess Cash Stablecoins must be allocated into LRR, or whenever LRR must be sold to replenish Cash Stablecoins, the amounts allocated or sold are applied to the Andromeda RWA Arranged Structures.

Control of the Andromeda RWA Arranged Structure must be prepared to transition to the Spark SubDAO.

##### 7.2.4: Optimizations

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10 changes: 5 additions & 5 deletions MIP108/MIP108.md
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Expand Up @@ -233,9 +233,9 @@ The new brand must be launched alongside the launch of the NewStable and NewGovT

###### 2.1.2.3.1

When the new brand and associated website have been fully developed and are ready for launch, the Accessibility Facilitator must publish the relevant materials related to the new brand, and then trigger a governance poll following the Weekly Governance Cycle to ratify or reject the new brand.
When the new brand and associated website have been fully developed and are ready for launch, the Accessibility Facilitator must directly take all necessary steps to implement the new brand and its related launch marketing campaigns, in a single, coordinated effort. The new products must be launched simultaneously or following the launch of the new brand, in order to maximize market impact and success. All Facilitators must support in triggering whatever type of needed executive vote, or other type of vote, to support the impactful and seamless launch of the Endgame Products and brand.

###### 2.1.2.3.1.1: If accepted, this governance poll will also instantly edit all Alignment Artifacts to modify the words used to be in line with the new brand. No changes to the logic of the Alignment Artifacts must be made, other than names and brand related descriptions and addition of brand-related descriptions. The rewritten Alignment Artifacts must be submitted alongside the other brand materials. This can also apply to the language of a proposal that is in the MIP102 process.
###### 2.1.2.3.1.1: Following the reveal of the new brand, the MIP portal must be prepared for the vote to upgrade the Atlas to the Atlas v2 version, using a weekly governance poll. This must happen after the implementation of the new brand, and will involve the full adoption of the new brand in the Atlas. Until the upgrade to Atlas v2, the existing Atlas will continue to refer to the existing brand, temporarily, while all external facing websites and frontends must refer to the new branding

##### 2.1.2.4

Expand Down Expand Up @@ -426,12 +426,12 @@ The budget available for the Launch Project is specified in *9.1.1B*. It is a on

40,000,000 DAI

10,000 MKR - The MKR can at most be spent at the rate of 1000 MKR per month.
10,000 MKR - The MKR can at most be spent at the rate of 2000 MKR per month.

**Remaining available one-time budget for the Launch Project:**

30,358,006.99 DAI

8,469.17 MKR - The MKR can at most be spent at the rate of 1000 MKR per month.
8,469.17 MKR - The MKR can at most be spent at the rate of 2000 MKR per month.

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