Collateral Opportunity Alignment End Game Party Presentation Collateral Engineering Services - July 6, 2022 @monkey.irish ● Oct 1, 2021 - Official start of Collateral Engineering Services (CES) Core Unit ○ Onboarded the mandate, budget, and facilitator then hired the team ● Nov 15, 2021 - Nikolaj (OG, Architect) & Henrique (Engineer) ● Dec 13, 2021 - Nazar (Engineer) CES CU Milestones ● Feb 2, 2022 - Arnulfo (Project/Finance) ● Feb 7, 2022 - Miguel (Product) ● Apr 11, 2022 - David (Engineer/Architect) ● May 2, 2022 - Mabel (Program/Projects) ● TBH - Backfill (Engineer) On top of this there are ● +10 variations of GemJoin adapters ● Special Oracles ● Numerous flash liquidation contracts ● Special yield farming adapters ● MIP21 + special MIP22 adapters ● Libraries for constructing spells 76 smart contract related smart contract repositories on the MakerDAO Github Org Collateral Implementation Learnings ● Our mandate is more than scaling Dai since we work with new collateral and assets of the protocol ● Evolution of the collateral technology is part of the job ● Large transactions have different implementation risk characteristics than retail vaults ● There are challenges merging TradFi and DeFi ● Technical Assessments are more comprehensive ● Every deal seems to be a custom deal Sources for Collateral Opportunities ● Community ● Collateral Pipeline ● Prioritization Sentiment Polls ● Core Units Community Opportunities ● Signal Requests / Polling ● Collateral Applications ● Self-contained MIPs Collateral WIP & Pipeline Opportunities ● Collateral Status Index - BUSD, Backed Finance, Detox Digital Coin, Cabot, Egyptian ATDC, Robinland ● Anchorage - Multifaceted relationship, initial opp, crypto-mining equipment lending business, DC: Unknown, Market Sizing: Unknown ● New Silver/Centrifuge - (onboarded, DC increase) Short duration real-estate financing, DC: $100m+, Market Sizing: $1B ● RFA Bank/Centrifuge - Investment grade, securitized real-estate from Canadian market, DC: $100m+, Market Sizing: $10B ● Blocktower/Centrifuge - A fund managing a portfolio of assets from multiple originators as arranged by Blocktower, DC: $100m+, Market Sizing: Unknown ● Pando - (new MIP6) Investment Grade climate assets??, DC: Unknown, Market Sizing: Unknown ● Maple Finance - (new MIP6) Under collateralized lending, DC; Unknown, Market Sizing: Unknown Prioritization Sentiment Poll Opportunities ● Prioritization Sentiment - Collateral Class - July 4, 2022 (ended) ● Prioritization Sentiment - Technical Resource Deployment - July 4, 2022 (ended) Core Unit Opportunities ● RWAs ● Bonds ● Maker Participation Tokens/Vaults (Scaling/Productizing HVB Structure) ● Evolution of the MIP21 ○ PSM Swap Conduit/Operator Contract ○ Output Conduit Using dssvest/lerp to stream minted DAI to an external Address ○ DCIAM to 0 when monthly repayment is missed. ● Blended Vaults ● Institutional Vaults for regular users ● Uniswap DAI/USDC D3M More details here Collateral Opportunity Discussion ● World Map ○ Decentralized Collateral ✅ ○ RWA Collateral ✅ ● Current Focus Objectives ○ Compound D3M ✅ ○ Swap USDC to government bonds ■ Monetalis ✅ -> 6s Capital ✅ -> ?? ○ Shore up RWA (Freeze all further activity) ■ Socgen ✅ -> HVB ✅ -> Pando, Centrifuge, Blocktower -> ?? ○ Uniswap USDC/DAI D3M /fin
Enter the password to open this PDF file:
-
-
-
-
-
-
-
-
-
-
-
-