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Core Units (21)
SNE - Starknet Engineering

13

of 21 Core Units

SESE

SNE

Starknet Engineering

Accepted
Since 27-Sep-2021
Technical
Operational

This Core Unit opens the door to leveraging StarkNet to keep the Maker protocol attractive to users in the ZK-rollup, Layer 2 domain.

What we do

Why do we want to expand the Maker Protocol beyond Ethereum?
Defi activity has diverged---Ethereum is still the “Capital” of the DeFi activity, but a growing number of other solutions offer their own unique package of security, scale and functionality.
As users are expected to use Ethereum competitors more and more, its crucial for Maker to establish footholds on these platforms - in order to keep DAI highly usable and interchangeable among them Derek’s post highlighted the multi-chain strategy for Maker and was widely discussed amongst community members
Furthermore, operating on a scaled and fast environment comes with its own set of unique opportunities:
  • This gives the opportunity to inspect improvements to the protocol, which are just too expensive for L1. The ability to mint, trade, liquidate faster brings opportunities for the users and for the protocol itself.
  • Increasing transaction speed would be very attractive for some categories of users (e.g., short-term borrowers, shorter-term traders) who can now mint DAI intrablock and hence open use cases that were not possible before. As other Defi protocols are building bridges to L2, not doing so as well would erode the competitiveness of Maker as a protocol.

Team Size

3

FTEs


Related MIPs (Maker Improvement Proposals)
Accepted
Since 26-09-2022

MIP40c3-SP79:

Accepted
Since 27-09-2021
Accepted
Since 27-09-2021


Expenses

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The SNE Core Unit is currently working without auditor

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