The Maker Foundation Interim Risk Team has placed a series of Governance Polls into the voting system which presents the Governance Security Module, a Dai Savings Rate adjustment, a Dai Stability Fee adjustment, and a Sai Stability Fee adjustment.
The Maker Foundation Interim Risk Team has placed three Governance Polls into the voting system which presents a number of possible Sai Stability Fee options, Dai Stability Fee options, and Dai Savings Rate Adjustments.
Today, at 16:00 UTC, Multi-Collateral Dai (MCD) launched!
After engaging in a months-long internal brand audit, exploring specific ideas of style changes, and conducting surveys among the MakerDAO community, the team saw an opportunity to evolve Dai’s branding.
The DSR will allow all Dai holders to earn savings automatically and natively by locking their Dai into the DSR contract
The Maker Foundation Interim Governance Facilitator has placed an Executive Vote into the voting system, which will enable the community to ratify the collection of system parameters needed to activate Multi-Collateral Dai.
To ensure a smooth transition from SCD to MCD for everyone, we’ve created an Upgrade Timeline
MCD will introduce exciting new features to the Maker Protocol, including the much-anticipated Dai Savings Rate (DSR) and, of course, additional collateral asset types.
The Maker Foundation Interim Risk Team has placed an Executive Vote into the voting system, which will enable the community to vote for a new Dai Stability Fee of 5% and a new Debt Ceiling of 120 million Dai.
An on-chain executive vote will be created by the Interim Governance Facilitator at any time the difference between the Dai Supply and the Debt Ceiling is less than 10 million, (even if only for one block.)
