HomeCoinsMaker (MKR)Governance Polls: Greenlight and Weekly Polls

Governance Polls: Greenlight and Weekly Polls

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The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the MakerDAO Open Market Committee.

Parameter Changes Proposal – MakerDAO Open Market Committee

The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the MakerDAO Open Market Committee. This Governance Poll will be active for three days beginning on Monday, August 2 at 16:00 UTC.

This is a binary vote.

  • You may vote for a single option.
  • You should vote for the option which you prefer.
  • If you would accept either option, you should vote ‘Abstain’.

Review

MKR Token Holders may vote in this poll to express support or opposition to the following changes:

Stability Fee Decreases

Vault Type Current Rate Proposed Rate Change
ETH-B 6.00% 5.00% -1.00%

Maximum Debt Ceiling Decreases

Vault Type Old New Change
LRC-A 3,000,000 1,000,000 -2,000,000
UNIV2ETHUSDT-A 10,000,000 0 -10,000,000
UNIV2DAIUSDT-A 10,000,000 0 -10,000,000

Please review the proposal thread to help inform your position before voting.

Outcomes

If the votes for the ‘Yes’ option exceed the votes for the ‘No’ option then the following actions will be taken:

  • These Stability Fee and Maximum Debt Ceiling changes will be included in the weekly Executive Vote on the Friday following the conclusion of this poll.
  • If the Friday executive passes, then these changes will become active in the Maker Protocol after the GSM Pause Delay has expired.

If the votes for the ‘No’ option equal or exceed the votes for the ‘Yes’ option then no further action will be taken at this time.

Increase the UNIV2DAIUSDC-A Maximum Debt Ceiling

The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the Maker Community. This Governance Poll will be active for three days beginning on Monday, August 2 at 16:00 UTC.

This is an instant-runoff vote.

  • You may rank any number of options that you would support in an executive vote.
  • Unranked options signal that you would not support the option(s) in an executive vote.
  • If you have no preference to any of the listed options, you should vote ‘Abstain’ as your first and only choice.

Review

The community can vote in this poll to rank their support of the following Maximum Debt Ceiling (line) options for UNIV2DAIUSDC-A:

  • Increase Maximum Debt Ceiling (line) to 250 million DAI (+200M)
  • Increase Maximum Debt Ceiling (line) to 150 million DAI (+100M)
  • Increase Maximum Debt Ceiling (line) to 100 million DAI (+50M)
  • Keep Maximum Debt Ceiling (line) set to 50 million DAI (+0)

Please review the discussion thread to inform your position on this issue before voting.

Outcomes

If a non-‘Abstain’ option receives more votes than each other option (excluding ‘Abstain’) and the votes for that option exceed 50% of the total votes cast then that option is deemed the winner and the following actions will be taken:

  • If the winner represents a change from the status quo, then change will be included in the weekly Executive Vote on the Friday following the conclusion of this poll.
  • If the Friday executive passes, then this change will become active in the Maker Protocol after the GSM Pause Delay has expired.

If no option has enough votes to exceed 50% of the total votes cast, then no further actions will be taken at this time.

Community Greenlight Poll – RWA-120dB (120dB Films)

The Governance Facilitators have placed a governance poll into the voting system as part of their responsibilities as defined in MIP9: Community Greenlight. This Governance Poll will be active for fourteen days beginning on Monday, August 2 at 16:00 UTC.

This is a binary vote.

  • You may vote for a single option.
  • You should vote for the option which you prefer.
  • If you would accept either option, you should vote ‘Abstain’.

Review

This poll asks whether the asset RWA-120dB (120dB Films) should be prioritized for inclusion in the Maker Protocol by the Core Units.

Please review the collateral onboarding application thread to inform your position before voting.

Outcomes

Regardless of the winning option the following actions will be taken at the conclusion of this poll:

  • The ‘greenlight score’ will be calculated for RWA-120dB (120dB Films) using the formula Score="Yes" Votes - 'No' Votes
  • The ‘greenlight score’ for RWA-120dB (120dB Films) will be added to the Collateral Prioritisation Sheet by the Governance Facilitators.
  • The Core Units will use the Collateral Prioritisation Sheet to direct their work on onboarding new collateral types.

Resources

MIP9: Community Greenlight describes this type of poll and goes into more detail about how it interacts with the rest of the collateral onboarding process.

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.

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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