Executive Vote: Multi-Collateral Dai Launch - November 18, 2019

November 15, 2019

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.

The Executive Vote (FAQ) will continue until the number of votes surpasses the total in favor of the previous Executive Vote. This is a continuous approval vote.

Please note: If passed, this vote will be activated no earlier than Monday, November 18, 2019 at 4pm UTC, even if the community ratifies it earlier. This mechanism has been put in place to allow the ecosystem time to coordinate MCD its launch-related efforts.


Please review the following polls to familiarize yourself with the system parameters that will be included with the proposed launch:

These parameters have been discussed in the weekly Governance and Risk calls. Please review the VideoAudioTranscripts (delayed by 24 to 48 hours), and the forum discussions to inform your position before voting.


Voting for this proposal will place your MKR in support of launching Multi-Collateral Dai on or after Monday, November 18, 2019, at 4 pm UTC.


Additional information about the Governance process can be found in the Governance Risk Framework: Governing MakerDAO

Demos, help, and instructional material for the Governance Dashboard can be found at Awesome MakerDAO.

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.

November 15, 2019