Collateral Onboarding
Collateral onboarding applications operate like any other sub-proposal within the MIP governance framework, though we expect that they will be the most regular kind of application. Moreover, these sub-proposals are a critical part of the long-term sustainability and stability of MakerDAO itself, and so they deserve their own dedicated section.
This section has two clear aims:
- Make clear and easy the process anyone must follow to submit an application to include a new kind of collateral in the Maker protocol.
- Track current applications and their states so that the community can keep a close eye on the risks we are agreeing to take on.
The process for collateral onboarding is defined in MIP6, which was itself developed from a community-created collateral onboarding document. The goal of this MIP is to provide an end-to-end framework for scalable collateral onboarding that interoperates with the Governance Cycle and the existing Domain Teams.