# Simulation Exercise: Collective Governance Process in MakerDAO

**Overview of Simulation Exercise**

{% @mermaid/diagram content="graph TB
A\[Preparation: Group picks a stakeholder role]
B\[Exercise 1: Group researches their role]
C\[Exercise 2: Group investigates RWA collaterals in MakerDAO]
D\[Exercise 3: Group evaluates hypothetical RWA proposal and conducts risk analysis]
E\[Exercise 4: Group votes and predicts voting outcome]
A --> B
B --> C
C --> D
D --> E

```
style A fill:#f9d,stroke:#333,stroke-width:2px
style B fill:#fd9,stroke:#333,stroke-width:2px
style C fill:#9df,stroke:#333,stroke-width:2px
style D fill:#9fd,stroke:#333,stroke-width:2px
style E fill:#df9,stroke:#333,stroke-width:2px
```

" %}

Each exercise takes around 20 minutes to complete. Below are links to the four exercises in this simulation. 

* [Exercise 1: Understand and Choose Stakeholder Roles in MakerDAO](/title/exercise-overview/exercise-1.md) 
* [Exercise 2: Understand RWA in MakerDAO](/title/exercise-overview/exercise-2.md)
* [Exercise 3: Analyze Hypothetical Proposal to Onboard Additional RWA](/title/exercise-overview/exercise-3.md)
* [Exercise 4: Predict Voting Outcomes in Collective Governance (if time allows)](/title/exercise-overview/exercise-4.md)

[![Creative Commons Licence](https://i.creativecommons.org/l/by-nc/4.0/88x31.png)](http://creativecommons.org/licenses/by-nc/4.0/)\
© 2023 Xule Lin & Ying-Ying Hsieh. This work is licensed under a [Creative Commons Attribution-NonCommercial 4.0 International License](http://creativecommons.org/licenses/by-nc/4.0/).


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