Quick Start Guide

Collateral onboarding applications in MakerDAO are of two main types based on the nature of the collateral being onboarded: Crypto native or Real World Asset collateral types.

1. Start by filling out the MIP6 Collateral Application Template

   • For crypto native collateral (ERC20-like tokens with on-chain price feeds) make sure to review and comply, as much as possible, with the criteria defined in the MIP6 Recommended Guideline Metrics for Onchain Collateral Onboarding

   • For Real World Assets (RWA) make sure to review and comply with MIP67: Methodology and Review Process for Structured Finance Transactions. [The Methodology provides a set of criteria which should guide the drafting of the MIP6 application. Only in the case of RWA, to ensure application quality, it is strongly recommended to contact the Real World Finance Core Unit (RWF CU) prior to publishing the application.

2. Publish the Collateral Onboarding Application in the "Collateral Onboarding" category in the Maker forum.

For a deeper understanding of the application process, please read along.