On October 29, the MakerDAO governance community successfully passed two proposals on the addition of Gemini Dollar (GUSD) and PAX Gold (PAXG) as collateral. The two assets will now be put up for executive votes within the next 30 days.
- Voting for GUSD and PAXG began on October 26 and ran for 3 days; voters overwhelmingly voted in favor of both tokens being added as collateral
- An executive vote on the addition of the two tokens as collateral will take place in November 2020
- In a separate proposal that is currently open, the community is deciding on implementing changes to its governance system to protect against flash loan attacks
- Maker has added several tokens as collateral in 2020: supporting Balancer (BAL) and yearn.finance (YFI) in October, and Chainlink (LINK), Compound (COMP) and Loopring (LRC) in September
- It also added Kyber Network (KNC), 0x (ZRX) and two real world assets in June
- Other tokens added this year include USD Coin (USDC), Wrapped Bitcoin (WBTC), TrueUSD (TUSD) and Decentraland (MANA)