Skip to content

Commit

Permalink
add MIP102c2-SP1 Obsolete outcomes
Browse files Browse the repository at this point in the history
Add MIP102c2-SP1 Obsolete outcomes missing from Patrick's PR.
  • Loading branch information
Gala-G committed Mar 27, 2023
1 parent d1a7c2c commit 7bcd8da
Show file tree
Hide file tree
Showing 5 changed files with 17 additions and 12 deletions.
5 changes: 3 additions & 2 deletions MIP116/MIP116.md
Original file line number Diff line number Diff line change
Expand Up @@ -9,13 +9,14 @@ Author(s): @PhoenixLabs
Contributors:
Tags: D3M
Type: General
Status: Formal Submission
Status: Obsolete
Date Proposed: 2023-02-08
Date Ratified:
Dependencies: MIP50
Replaces: N/A
Forum URL: https://forum.makerdao.com/t/mip116-d3m-to-spark-lend/19732
Ratification Poll URL:
Ratification Poll URL: https://vote.makerdao.com/polling/QmT9Novb#vote-breakdown
Extra: This MIP has been made obsolete by the passage of [MIP102c2-SP1](https://mips.makerdao.com/mips/details/MIP102c2SP1)
```

## Sentence Summary
Expand Down
11 changes: 6 additions & 5 deletions MIP117/MIP117.md
Original file line number Diff line number Diff line change
Expand Up @@ -5,17 +5,18 @@
```
MIP#: 117
Title: RWA Master Participation Trust to Onboard LoanStreet as Loan Liquidator
Authors: @maxglass
Authors: @maxglass
Contributors:
Tags: RWA
Type: General
Status: RFC
Status: Obsolete
Date Proposed: 2023-02-09
Date Ratified: <yyyy-mm-dd>
Forum URL: https://forum.makerdao.com/t/mip117-rwa-master-participation-trust-to-onboard-loanstreet-as-loan-liquidator/19772
Ratification Poll URL:
Dependencies: MIP21
Replaces: N/A
Extra: This MIP has been made obsolete by the passage of [MIP102c2-SP1](https://mips.makerdao.com/mips/details/MIP102c2SP1)
```

## References
Expand Down Expand Up @@ -57,7 +58,7 @@ Daily data about loan sales can be used by Maker to mark-to-market loan assets i

### MIP117c1: About Loan Street ("LIQUIDATOR")

The secondary market for bank originated loans is hundreds of $Millions, if not $Billions, per month. One player in this enormous market is [LoanStreet](https://loan-street.com/about/) ("LIQUIDATOR"), an online platform that streamlines the process of loan trading for banks. 1,300 institutions are registered on LoanStreet's platform, which trades a significant dollar volume of loans. LoanStreet utilizes a single agreement across all trades that significantly reduces time spent negotiating contracts, allowing deals to close quickly.
The secondary market for bank originated loans is hundreds of $Millions, if not $Billions, per month. One player in this enormous market is [LoanStreet](https://loan-street.com/about/) ("LIQUIDATOR"), an online platform that streamlines the process of loan trading for banks. 1,300 institutions are registered on LoanStreet's platform, which trades a significant dollar volume of loans. LoanStreet utilizes a single agreement across all trades that significantly reduces time spent negotiating contracts, allowing deals to close quickly.

![image|618x800, 100%](https://github.com/makerdao/mips/blob/master/MIP117/Loanstreet.png?raw=true)

Expand All @@ -75,9 +76,9 @@ If a change to the Trust Agreement is necessary for the Trust to use LoanStreet

### MIP117c5: Use LoanStreet Data to Mark-to-Market Loan Assets

Once the RWA Master Participation Trust has signed up for LoanStreet, the Trustee will have access to loan sales data. This data should be made available to relevant service providers, such as Ankura Trust, any RWA monitoring team/solution that is operating at that time, and to whatever core units or MetaDAOs have an RWA mandate.
Once the RWA Master Participation Trust has signed up for LoanStreet, the Trustee will have access to loan sales data. This data should be made available to relevant service providers, such as Ankura Trust, any RWA monitoring team/solution that is operating at that time, and to whatever core units or MetaDAOs have an RWA mandate.

This market data is useful for marking loan assets in the Trust to market. Furthermore, the data can be useful if the DAO wants to build automated liquidation for RWA based on mark-to-market values.
This market data is useful for marking loan assets in the Trust to market. Furthermore, the data can be useful if the DAO wants to build automated liquidation for RWA based on mark-to-market values.

### MIP117c6: Disclaimer

Expand Down
3 changes: 2 additions & 1 deletion MIP118/MIP118.md
Original file line number Diff line number Diff line change
Expand Up @@ -11,12 +11,13 @@ Author(s): TRUEMAKER
Contributors:
Tags:
Type: MIP Type
Status: RFC
Status: Obsolete
Date Proposed: 2023-02-20
Date Ratified: <yyyy-mm-dd>
Dependencies: <List of dependent MIPs>
Replaces: <List of MIP it is replacing>
Forum URL: https://forum.makerdao.com/t/mip118-introduce-a-7-day-notice-option-to-the-dai-savings-rate-dsr-to-support-alm-rfc-only/19873/1
Extra: This MIP has been made obsolete by the passage of [MIP102c2-SP1](https://mips.makerdao.com/mips/details/MIP102c2SP1)
```

## References
Expand Down
3 changes: 2 additions & 1 deletion MIP119/MIP119.md
Original file line number Diff line number Diff line change
Expand Up @@ -8,13 +8,14 @@ Author(s): Flux Finance
Contributors:
Tags: D3M
Type: General
Status: RFC
Status: Obsolete
Date Proposed: 2023-02-21
Date Ratified: <yyyy-mm-dd>
Dependencies:
Replaces: N/A
Forum URL: https://forum.makerdao.com/t/mip119-onboard-dai-funds-to-the-flux-finance-dai-lending-pool/19885
Ratification Poll URL:
Extra: This MIP has been made obsolete by the passage of [MIP102c2-SP1](https://mips.makerdao.com/mips/details/MIP102c2SP1)
```

## Sentence Summary
Expand Down
7 changes: 4 additions & 3 deletions MIP65/MIP65.md
Original file line number Diff line number Diff line change
Expand Up @@ -9,14 +9,15 @@ Author(s): @Allan_Pedersen
Contributors:
Tags:
Type: Proposal
Status: Accepted
Status: Obsolete
Date Proposed: 2022-02-09
Date Ratified: 2022-05-25
Dependencies: MIP21
Replaces: None
Forum URL: https://forum.makerdao.com/t/mip65-project-clydesdale-monetalis-arrangement-i-liquid-bond-strategy-execution/13148
Ratification Poll URL:https://vote.makerdao.com/polling/QmXHM6us#poll-detail
Extra: This MIP has been amended via [MIP4c3-SP4](https://github.com/makerdao/mips/blob/master/MIP4/MIP4c3-Subproposals/MIP4c3-SP4.md). The original version can be seen [here](https://github.com/makerdao/mips/blob/3622412573d8f63d7ad40336a2fffba8de3e38d0/MIP65/MIP65.md).
Extra: This MIP has been made obsolete by the passage of [MIP102c2-SP1](https://mips.makerdao.com/mips/details/MIP102c2SP1)
```

## References
Expand Down Expand Up @@ -82,13 +83,13 @@ The Strategic Finance Facilitator must, also through a public forum post, provid

**Technical Verfication**

The Collateral Engineering Services Facilitator must, again through a public forum post, provide a Verification of the technical appropriateness of the MIP21 designed solution in accordance with the Collateral Onboarding process ("COB").
The Collateral Engineering Services Facilitator must, again through a public forum post, provide a Verification of the technical appropriateness of the MIP21 designed solution in accordance with the Collateral Onboarding process ("COB").

Should one such Verification not be forthcoming, for whatever reason, this MIP will not move forward in the COB.

### MIP65c2: Technical Conditions of the Collateral Onboarding

The technical implementation must follow the MIP21 framework. Upon Collateral Engineering Services solution Verification in MIP65c1, the relevant smart contracts must be constructed and deployed. It should hardcode the ETH Address emitted by the legal structure specified in MIP65c1, and follow the MIP21 framework.
The technical implementation must follow the MIP21 framework. Upon Collateral Engineering Services solution Verification in MIP65c1, the relevant smart contracts must be constructed and deployed. It should hardcode the ETH Address emitted by the legal structure specified in MIP65c1, and follow the MIP21 framework.

These smart contracts must only allow for the generation of Dai through a vault that is sent to the ETH address of the legal structure as its ultimate destination, and it must not be technically possible to send the Dai elsewhere, in accordance with MIP21.

Expand Down

0 comments on commit 7bcd8da

Please sign in to comment.