HomeCoinsMaker (MKR)Approve May 2021 Governance Cycle

Approve May 2021 Governance Cycle

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The Governance Facilitator(s) and the Protocol Engineering Core Unit have placed an executive proposal into the voting system. MKR Holders should vote for this proposal if they support the following alterations to the Maker Protocol.

If you are new to voting in the Maker Protocol, please see the voting guide to learn how voting works, and this wallet setup guide to set up your wallet to vote.


Executive Summary

If this executive proposal passes, the following MIP status changes will occur:

Voting for this executive proposal will place your MKR in support of the changes and additions outlined above.

This Executive Vote will be valid for 4 days then it will expire and have no effect on the Maker Protocol, even if it should later pass.

As a continuous approval vote, the proposal will pass when the number of votes in favor surpasses the votes in favor of the previously leading proposal.

Proposal Details

If this Executive Proposal passes, the following MIPs and Subproposals will move to Accepted status:

Sustainable Ecosystem Scaling Core Unit Onboarding MIP Set

In addition, the following DAI distributions will be made:

  • 1,153,480 DAI will be transferred from the Surplus Buffer to the SES Auditors Wallet, to be distributed to the SES-001 Core Unit on a monthly basis.
  • The SES Auditors Wallet is located at 0x87AcDD9208f73bFc9207e1f6F0fDE906bcA95cc6.

Review

Community debate on these topics can be found on the MakerDAO Governance forum. Please review any linked threads to inform your position before voting.

Additionally, these changes may have been discussed further in recent Governance calls. Video for these calls is available to review.


Resources

Additional information about the Governance process can be found in the Governance section of the MakerDAO community portal.

To participate in future Governance calls, please join us every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the MakerDAO Public Events Calendar.



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