As a follow up to Wednesday’s <a href="https://forum.makerdao.com/t/announcement-kickstarting-the-self-sustaining-makerdao-initiative/1864">forum post 16</a> and <a href="https://blog.makerdao.com/beyond-holding-mkr-the-responsibility-of-decentralized-makerdao-governance-voting/">Maker blog post 6</a> <a href="https://forum.makerdao.com/t/announcement-kickstarting-the-self-sustaining-makerdao-initiative/1864">announcing the Kickstart of the Self-Sustaining MakerDAO Initiative 16</a>, and to Rune’s presentation during yesterday’s <a href="https://www.youtube.com/watch?v=vSYO6l0Veq4&amp;feature=youtu.be">Governance and Risk Call 12</a>, this post further details the Maker Foundation’s vision for the Self-Sustaining MakerDAO Initiative, as well as the launch details of the Maker Improvement Proposals (MIPs) Framework.
As previously noted, the Maker Foundation will, over time, be dissolved, and the community will govern all aspects of the Maker Protocol. For the Protocol to continue to function effectively in the future, the community must be well-informed and equipped with clearly-defined governance processes. This requires a system for creating new processes, sharing knowledge, building off the current governance system, and building new technology when needed. Defining clear processes and gaining practical experience will be particularly important when the community takes full control of systems that underpin governance and maintain the security of the Protocol.
Over the next few months, the community will focus on three elements of a self-sustaining DAO:
<ol>
<li>
Elected Paid Contributors (EPCs) and Domain Teams: MakerDAO requires a decentralized workforce in order to effectively grow and maintain the Maker Protocol. EPCs and Domain Teams will work for the DAO, be onboarded through governance, and be paid by the Protocol. More specifically, EPCs are individuals that perform defined duties for the DAO. Domain teams are a subset of EPCs that are given special authority through governance to oversee critical processes and mitigate risk.
</li>
<li>
The Maker Improvement Proposals (MIPs): MIPs will provide a mechanism for any community member to define key issues and suggest changes and additions to the system. MIPs will allow for a high level of transparency, rigor, and community input in order to minimize undesirable results from the process. In most cases, MIPs will be arranged in sets (multiple MIPs that are interdependent but together solve a single problem, risk, or opportunity through one or more processes).
</li>
<li>
Vote Delegates: Delegates will act as representatives for MKR holders who choose not to vote directly. Notably, all MKR holders, regardless of whether they delegate, will have access to all the essential information needed to continue governing the Protocol.
</li>
</ol>
The above elements will assist the Maker community in putting the first Governance Paradigm in place. A first Governance Paradigm, as Rune mentioned in <a href="http://www.youtube.com/watch?v=vSYO6l0Veq4&amp;t=66m50s">his presentation 8</a> to the community on Thursday, will be a grouping of the first MIPs and EPC roles proposed and drafted by the Maker Foundation with input from the community. Aimed at ensuring all critical elements are covered before the Foundation is dissolved, the Paradigm will help the DAO function properly, maintain security, and grow exponentially in the future.
Community members and Delegates can experiment with all the tools noted in the Governance Paradigm to gain practical experience and valuable communication skills that they will need to effectively manage the DAO.
The concept of Domain Teams is not new to the Maker community. Over the course of 2019, the Maker community elected multiple domain teams and an individual contributor to help support and operate the Maker Protocol: an <a href="https://forum.makerdao.com/t/mandate-interim-governance-facilitators/264">Interim Governance Facilitator 3</a>, <a href="https://forum.makerdao.com/t/mandate-risk-teams/282">Interim Risk Team 2</a>, and <a href="https://forum.makerdao.com/t/mandate-oracle-teams/443">Interim Oracle Team 2</a>. Over the course of the next two years, EPCs and Domain teams will be voted in order to meet the needs of the Protocol’s growth and maintenance.
Additionally, over the course of the month of April, the Maker Foundation will release the first set of MIPs to help bootstrap the MIPs Framework and ultimately bring Maker Governance into a new and more active phase.
The MIPs suggested by the Maker Foundation will be proposed through a process called “MIPs Under Review.” Defined in the Core Governance Framework MIP Set, MIPs Under Review are placeholder proposals that enable the governance community to begin earning practical experience operating the DAO through a formalized framework; they are not intended to be the final, long-term solutions.
The expectation is that members of the community will gain practical experience from the processes defined in the MIPs released by the Foundation, and continue to draw on those experiences for the long term.
Process MIPs and Sub Proposals
Two of the many important concepts that the MIPs Framework will introduce are Process MIPs and Sub Proposals (SPs).
Process MIPs are used to create and define a specific recurring process that the Maker Protocol or Governance will employ. For example, a Process MIP could be created for collateral onboarding or the election of EPCs and Domain Teams.
Once ratified through governance, Process MIPs can interact with Sub Proposals. Sub Proposals behave similarly to MIPs but will not have to go through the full governance process. Therefore, the implementation will be quicker.
The first two sub proposals will be recommended by the Maker Foundation before April 15.
On Monday, April 6, the Maker Foundation will release the first 13 MIPs, grouped into MIP0 and two MIP Sets.
MIP0 (Maker Improvement Proposals Framework). At its core, the MIPs Framework is the underlying structure of the governance processes that will be used to continuously effect change and maintain the Maker Protocol in a standardized manner. It provides the necessary tools, and resources for the community to have a simple, standard approach to proposing new improvements, specifications, or process changes to the Maker Protocol and Governance system. The framework is a first step in enabling organic growth that will bring MakerDAO closer to self-sustainability.
The first MIP Set is the Core Governance Framework , which defines the key governance structures, laying the backbone of long-term governance processes, such as how to organize executive votes. A key concept of this first MIP Set is the monthly Governance Cycle, which proposes a new, longer process that will exist in addition to the current weekly cycle, and will be optimized for important decision making, secure collateral onboarding at scale and providing the community with a more accessible overview of what decisions are being made.
The second MIP Set is the Collateral Onboarding Framework . This Framework is based on the independently community-created <a href="https://forum.makerdao.com/t/collateral-onboarding-process-v1/1412">collateral onboarding document 4</a> and will provide an end-to-end framework for scalable collateral onboarding that interoperates with the Governance Cycle and the existing Domain Teams.
The Maker Foundation expects the rollout of all of the MIP Sets covering the initial Governance Paradigm to occur over the course of 1-2 years. During this time, the timeline and plan itself will be actively reviewed and revised by the Maker community in order to ensure maximum flexibility for the needs and circumstances the Protocol finds itself in.
The 13 initial MIPs will be published in a new category on the Maker Forum titled “MIPs.” The MIPs category will have subcategories in order to help manage the conversation and filter the MIPs process going forward.
On April 27, just 21 days after publication of the first MIPs, a special governance poll, called a timing poll, will occur. The timing poll will have two options:
<ol>
<li>Proceed with the ratification vote of the 13 proposed MIPs immediately, or;</li>
<li>Delay the ratification for one month, and then institute a period of time to allow competing proposals to be submitted by the community.</li>
</ol>
If the timing poll resolves in delaying ratification one month, the competition process would begin immediately. The competition process is a MIPs proposal process, where multiple versions of MIPs are presented as choices to the community. For example, there could be several versions of MIP3, which describes the Governance Cycle. The community would vote for the version they want to be included in the final MIP Set and put up for the ratification vote.
If the vote decided to delay ratification for one month, the deadline for submitting competing MIPs proposals would be May 20th. Once the deadline has been reached, a vote will be proposed, where the community would select the final individual MIPs to create bespoke MIP Sets. This vote would happen from May 23 to 26. Lastly, the final ratification vote would begin May 27 and end on May 30, ultimately resulting in the initial MIPs becoming ratified and the first Governance Cycle beginning June 1st.
If, on the other hand, the timing poll resolves to proceed with the ratification vote of the MIPs immediately, that vote will occur over four days, May 1-4. If the ratification vote resolves to yes, the first Governance Cycle would begin on May 4.
<h2>
<a name="a-preview-of-the-initial-13-mips-1" href="#a-preview-of-the-initial-13-mips-1"></a>A Preview of the Initial 13 MIPs</h2>
<h3>
<a name="the-mips-framework-2" href="#the-mips-framework-2"></a>The MIPs Framework</h3>
MIP0 (The Maker Improvement Proposals Framework): MIP0 outlines the framework and process for improving both Maker Governance and the Maker Protocol. Through an open and documented proposal process, community feedback will be collected to reach the broadest possible consensus on how the Maker Protocol should evolve.
<h3>
<a name="core-foundational-mips-set-3" href="#core-foundational-mips-set-3"></a>Core Foundational MIPs Set</h3>
MIP1 (Maker Governance Paradigms): A Governance Paradigm is a complete and specific group of MIP Sets that solve an entire “problem space”—a list of problems that must be addressed in order for the Maker Protocol to be able to sustain itself and grow into the future Maker governance.
MIP2 (Governance Launch Period): The Governance Launch Period ensures that the process of implementing or altering critical governance process logic is done at a pace that gives the community enough time to scrutinize and understand specific ideas.
MIP3 (Governance Cycle): The Governance Cycle provides a predictable framework for Maker Governance decisions. The Governance Cycle provides participants (MKR holders) with a monthly overview of the decisions that are to be made, allowing participation despite time constraints.
MIP4 (MIP Amendment and Removal Process): The process for making very small and relatively superficial changes to existing MIPs. MIPs that require large changes will be replaced with new MIPs. Changing small details to MIPs should not require the original MIP to become obsolete. Therefore, this process is needed to define and outline the way to make changes to MIPs once they have already been ratified and implemented.
MIP5 (Emergency Voting System): Emergency Votes are Executive Votes that can be initiated by any community member in order to overcome the limits of the Governance Cycle (MIP3) in special situations where timing is critical.
<h3>
<a name="collateral-onboarding-mips-set-4" href="#collateral-onboarding-mips-set-4"></a>Collateral Onboarding MIPs Set</h3>
MIP6 (Collateral Onboarding Form/Forum Template): standardized collateral onboarding form/forum template will help community members and third-party projects begin the process of getting their collateral approved to be onboarded to the Maker Protocol.
MIP7 (Collateral Onboarding Domain Teams): In order to build a decentralized workforce to help with the security, maintenance, and long-run development of the Maker Protocol, we need a defined process for onboarding and offboarding domain teams that required for the collateral onboarding process.
MIP8 (Domain Greenlight): Domain Greenlight is the process where at least one team from each domain (Risk, Integration, Smart Contracts, Oracles, Legal, etc) “Greenlights” the collateral type (based on research) in order for the collateral onboarding process to proceed.
MIP9 (Community Greenlight): Community Greenlight is the process through which MKR token Holders inform the Domain Teams of their preferences for collateral types that have been proposed through MIP6 and passed MIP8. Their preferences are expressed via an on-chain governance poll that will run for a period of two weeks.
MIP10 (Oracle Requirements for Collateral Onboarding): In the Maker Protocol, every collateral type has a corresponding Oracle that publishes a reference price based on external price feeds. Therefore, the Oracle requirements must be defined in the collateral onboarding process.
MIP11 (Collateral Onboarding Risk Models): Risk models are crucial to the health and growth of the Maker Protocol. The purpose of this proposal is to create a defined and formalized process for Risk Team’s to easily onboard their models to the Protocol.
MIP12 (Collateral Onboarding and Risk Parameter Adjustment Process Documentation Requirements): This proposal defines the overall collateral onboarding process requirements needed from Domain Teams, as well as the collateral onboarding process blueprint for proposing new risk parameters, oracles, and adapters for a new or existing collateral type.
<h2>
<a name="next-steps-5" href="#next-steps-5"></a>Next Steps</h2>
Visit the new <a href="https://forum.makerdao.com/c/MIPS/14">MIPs category 23</a> on the MakerDAO Forums on Monday to review the first 13 MIPs and provide feedback. All community members are urged to participate in the review process. These MIPs will also be published on Maker’s official <a href="https://github.com/makerdao">Github page 3</a>.
Throughout this process, I’ll be available to answer any questions and facilitate discussion on the topic of MIPs and long-run governance here on the forum and in the dedicated <a href="https://go.rocket.chat/invite?host=chat.makerdao.com&amp;path=invite/NPEuhW">#mips channel 3</a> on MakerDAO’s public Rocket Chat.

The Maker Foundation’s Vision of a Self-sustaining MakerDAO: Initiation of Maker Improvement Proposals (MIPs

The Maker Foundation’s Vision of a Self-sustaining MakerDAO: Initiation of Maker Improvement Proposals (MIPs) Framework

Hello all,
My name is Charles St.Louis and I work on the Engineering General team at the Maker Foundation. I am responsible for the initiative to further research, architect, and formalize Maker Governance processes on behalf of the Maker Foundation.
Last week, we took a big step forward in relation to the further decentralization of Maker: The formal transfer of <a href="https://blog.makerdao.com/the-transfer-of-mkr-token-control-to-governance-the-final-step/">MKR token control from the Maker Foundation to the community 35</a>. This is a big milestone as the community embraces its larger, impending role in governing a self-sustaining DAO.
<h3>
<a name="whats-next-on-our-path-to-self-sustainability-1" href="#whats-next-on-our-path-to-self-sustainability-1"></a>What’s next on our path to self-sustainability?</h3>
This forum post is meant to effectively kickstart the self-sustaining MakerDAO initiative. Beginning today, the Maker Foundation will lead the community in several very important governance discussions around the further decentralization of Maker. These discussions will lead to both actions and solutions that will help determine the future of the DAO.
The main tool for supporting and leading the path to self-sustainability is the Maker Improvement Proposals (MIPs) Framework. In short, MIPs are the preferred mechanisms for improving both Maker Governance and the Maker Protocol. Through an open and documented proposal process, community feedback will be collected to reach the broadest possible consensus on how the Maker Protocol should evolve.
The goal is that after several years of iteration of proposals and core governance processes, the MIPs Framework will define and set the stage for fully autonomous community governance of the Maker Protocol. Complete autonomy can then be followed by the dissolution of the Maker Foundation, as it will have fulfilled its purpose and no longer be needed.
With the introduction of this initiative, it is important to note two things:
<ol>
<li>While the Foundation will lead conversations and draft the initial MIPs, the community may propose competing MIPs and ultimately, the final decisions will be made by MKR voters.</li>
<li>Complete decentralization of MakerDAO means the eventual dissolution of the Maker Foundation.</li>
</ol>
<h3>
<a name="what-to-expect-2" href="#what-to-expect-2"></a>What to Expect</h3>
<ul>
<li>
Thursday (2020-04-02): Rune will present The self-sustaining MakerDAO and answer questions during the governance call.</li>
<li>
Friday (2020-04-03): I will publish an in-depth forum post on the Maker Foundation’s vision for long-term governance and MIPs, and the importance of Maker becoming self-sustainable. I will also offer an in-depth description of how MIPs will work in practice, and an overview of what the initial MIPs we’re going to release will cover.</li>
<li>
Monday (2020-04-06): The Maker Foundation will create a new category on the Forum dedicated to MIPs. I will post the first 13 MIPs there (and on Github). Also on Monday, two upfront votes will be scheduled for the end of April. The first vote is for the timing of the MIPs ratification process. The community will have two options, the first one is to move ahead with the second vote, which ratifies or rejects the initial two MIP Sets and allows collateral onboarding to begin in May. The other timing option is to delay the MIP Set ratification by one month, and then institute the competition that will allow the community to propose competing MIPs for any of the Foundation MIPs releases, and then, at the end of May, have a series of governance polls that pick and choose exactly which MIPs go into the final ratification vote. This would allow collateral onboarding to begin in June.</li>
<li>Lastly, I will be proposing myself as the first MIP Editor as a part of the MIPs ratification process that will happen in April. If elected, I will be responsible for supporting the core Maker community members and the Governance Facilitator(s) in shepherding and enforcing the administrative and editorial aspects of the overall MIPs process and framework.</li>
</ul>
As information regarding the self-sustaining MakerDAO initiative is presented, I’ll be available to answer any questions and facilitate discussion on the topic of MIPs and long-run governance here on the forum and in the dedicated <a href="/c/mips/14">#mips</a> channel on <a href="https://chat.makerdao.com/home">MakerDAO’s public Rocket Chat 14</a>. Lastly, please also visit the <a href="https://blog.makerdao.com/">Maker blog 4</a> for a series of blog posts on these topics beginning with <a href="https://blog.makerdao.com/beyond-holding-mkr-the-responsibility-of-decentralized-makerdao-governance-voting/">“Beyond Holding MKR: The Responsibility of Decentralized MakerDAO Governance Voting” 30</a>.

Announcement: Kickstarting the Self-Sustaining MakerDAO Initiative Hello all, 
 My name is Charles St.Louis and

Announcement: Kickstarting the Self-Sustaining MakerDAO Initiative

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<h1>
<a name="introduction-1" href="#introduction-1"></a>Introduction</h1>
The collateral onboarding process for MakerDAO emerged organically from the community over the past year and was formally introduced via MIPs Framework in May 2020. Over the past six months, the collateral onboarding process has evolved quite considerably and most recently moved to use a more flexible, weekly <a href="https://forum.makerdao.com/t/improvements-to-the-collateral-onboarding-framework/4250">approach 16</a>.
Given the community’s feedback on the collateral onboarding process over the past few months and the observed difficulty in parsing the various available materials and understanding how to onboard an asset from A to Z, it has become apparent that the MakerDAO community and project teams seeking to onboard collateral may find the process frustrating and cumbersome without a clear primer. Therefore, in order to smooth MakerDAO’s journey to complete decentralization, the MakerDAO domain teams and the Maker Foundation have synthesized the collateral onboarding processes into this series of “first-cut” guides for the risk, oracles, smart contracts, and governance.
<h2>
<a name="what-is-the-collateral-onboarding-handbook-2" href="#what-is-the-collateral-onboarding-handbook-2"></a>What is the Collateral Onboarding Handbook?</h2>
The Collateral Onboarding Handbook contains a thorough collection of information regarding Maker Protocol collateral onboarding, ranging from the formation of domain teams and the explanations of the governance processes involved to the domain work used to date for successful collateral onboarding, and more. Many of the collateral onboarding procedures described here emerged organically as the Protocol matured over the last year and as the DAO expands and the Foundation recedes, this handbook will serve as a versatile tool, ever-evolving and ultimately molded by Community members to fit Community needs.
<h1>
<a name="handbook-content-directory-3" href="#handbook-content-directory-3"></a>Handbook Content Directory</h1>
<ol>
<li>
<a href="https://collateral.makerdao.com/">Introduction to MakerDAO Collateral Onboarding 124</a>
</li>
<li>
Getting Started
<ul>
<li><a href="https://collateral.makerdao.com/introduction-to-collateral-onboarding/high-level-overview-of-the-collateral-onboarding-process">Overview of the Collateral Onboarding Process 82</a></li>
<li><a href="https://collateral.makerdao.com/introduction-to-collateral-onboarding/cob-stakeholders-overview">Collateral Onboarding Stakeholders 21</a></li>
</ul>
</li>
<li>
Community Involvement
<ul>
<li><a href="https://collateral.makerdao.com/cob-team-coordination-and-communications">Collateral Onboarding Status Updates (Coordination and Communications) 11</a></li>
<li><a href="https://collateral.makerdao.com/community-collateral-onboarding-calls">Collateral Onboarding Community Collateral Onboarding Calls 5</a></li>
<li><a href="https://collateral.makerdao.com/cob-prioritization-framework">Collateral Onboarding Prioritization Framework spreadsheet 17</a></li>
<li><a href="https://collateral.makerdao.com/collateral-onboarding-funding-grants">Collateral Onboarding Funding 6</a></li>
</ul>
</li>
<li>
<a href="https://collateral.makerdao.com/governance-and-collateral-onboarding/untitled">Collateral Onboarding Governance Process 19</a>
</li>
<li>
<a href="https://collateral.makerdao.com/oracles-domain/untitled">Collateral Onboarding Guide for Oracle Domain Teams 8</a>
</li>
<li>
<a href="https://collateral.makerdao.com/smart-contracts-domain/untitled">Collateral Onboarding Guide for Smart Contracts Domain Teams 8</a>
</li>
<li>
<a href="https://collateral.makerdao.com/risk-domain/untitled">Collateral Risk Assessment Guide 30</a>
</li>
<li>
Resources
<ul>
<li><a href="https://collateral.makerdao.com/resources/collateral-onboarding-glossary">Collateral Onboarding Glossary 3</a></li>
<li><a href="https://collateral.makerdao.com/resources/resources-list">Resources List 8</a></li>
</ul>
</li>
</ol>
The full Collateral Onboarding Handbook can be found at <a href="http://collateral.makerdao.com">collateral.makerdao.com 32</a>.
<h2>
<a name="next-steps-4" href="#next-steps-4"></a>Next Steps</h2>
With this Collateral Onboarding Handbook, the goal is to ease the process for community members to get involved with MakerDAO collateral onboarding. Once you have read through the Handbook or the specific areas that interest you and get a feel for the process, please reach out to <a href="/u/amyjung">@amyjung</a> to discuss the next steps about the current grants program for collateral onboarding.
For more information about getting involved, check out the <a href="https://forum.makerdao.com/t/collateral-onboarding-grants/4252">Collateral Onboarding Grants Initiative 14</a>.
/fin

The Maker Foundation’s Vision of a Self-sustaining MakerDAO: Initiation of Maker Improvement Proposals (MIPs) Framework

Announcement: Kickstarting the Self-Sustaining MakerDAO Initiative

Introducing the Collateral Onboarding Handbook

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