# MIP39c2-SP1: Adding Core Unit (Real-World Finance) ## Preamble ``` MIP39c2-SP#: 1 Author(s): Sébastien Derivaux (@SebVentures) Contributors: N/A Tags: core-unit, cu-rwf-001, mandate Status: Obsolete Date Proposed: 2021-01-26 Date Ratified: 2021-25-03 Ratification Poll URL: https://vote.makerdao.com/executive/template-executive-vote-approve-march-2021-governance-cycle-bundle-march-22-2021?network=mainnet#proposal-detail Forum URL: https://forum.makerdao.com/t/mip39c2-sp1-adding-core-unit-real-world-finance/6224 Extra: RWF-001 has been offboarded via [MIP39c3-SP5](https://github.com/makerdao/mips/blob/master/MIP39/MIP39c3-Subproposals/MIP39c3-SP5.md). ``` ## Sentence Summary MIP39c2-SP1 adds Core Unit RWF-001: Real-World Finance. ## Specification ### Motivation * This Core Unit is designed to pursue Real-World Asset work and more generally helps MakerDAO to take over the traditional finance world. ### Core Unit Name Name: Real-World Finance ID: RWF-001 ### Core Unit Mandate * The mandate of this Core Unit is to bring real-world finance concepts to MakerDAO; Those concepts encompass but are not limited to: * Investing in Real-World Assets (loans, bonds, structured finance, …) * Yield curve implications in DeFi * Accounting, solvency, and potential regulatory reporting * Use real-world finance to produce more yield while keeping our risk appetite low thanks to wider diversification and risk management tools. * Be the interface that connects real-world finance with the MakerDAO * To achieve this mandate the team will be composed of people from diversified backgrounds but with an emphasis on people having experience in traditional finance concepts. * The Maker Governance can interact and prioritize work with the Core Unit by issuing a Signal Request, an informal poll, or any other means. In case of conflicting messages, the Signal Request will take precedence over any other means.