Governance Polls: Adjustments to USDC Stability Fee, Sai Stability Fee, DSR Spread, and more – April 13, 2020

April 13, 2020

The Maker Foundation Interim Risk Team has placed a series of Governance Polls into the voting system which presents a USDC Stability Fee adjustment, Sai Stability Fee adjustment, Dai Savings Rate Spread adjustment, and a Dai Stability Fee adjustment.

Poll: USDC Stability Fee Adjustment

The Maker Foundation Interim Risk Team has placed a Governance Poll into the voting system which presents a number of possible USDC Stability Fee options. Voters are now able to signal their support for a USDC Stability Fee within a range of 8% to 16%.

This Governance Poll (FAQ) will be active for three days beginning on Monday, April 13 at 4 PM UTC, the results of which may inform an Executive Vote which will go live on Friday, April 17, at 4 PM UTC.

Review

The USDC Stability Fee was discussed in the Governance call on Thursday, April 9. Please review the VideoAudioSummary and the online discussion to inform your position before voting.

Next Steps

  • On the Friday following the conclusion of the poll, there will be an Executive Vote asking MKR token holders if they support or reject the change proposed by this Governance Poll.

Poll: Sai Stability Fee Adjustment

The Maker Foundation Interim Risk Team has placed a Governance Poll into the voting system which presents a number of possible Sai Stability Fee options. Voters are now able to signal their support for a Sai Stability Fee within a range of 4% to 12%.

This Governance Poll (FAQ) will be active for three days beginning on Monday, April 13 at 4 PM UTC, the results of which may inform an Executive Vote which will go live on Friday, April 17, at 4 PM UTC.

Review

The Sai Stability Fee was discussed in the Governance call on Thursday, April 9. Please review the VideoAudioSummary and the online discussion to inform your position before voting.

Next Steps

  • On the Friday following the conclusion of the poll, there will be an Executive Vote asking MKR token holders if they support or reject the change proposed by this Governance Poll.

Poll: Dai Savings Rate Spread Adjustment

The Maker Foundation Interim Risk Team has placed a Governance Poll into the voting system which presents a number of possible Dai Savings Rate Spread options. Voters are now able to signal their support for a Dai Savings Rate Spread within a range of 0% to 4%.

This Governance Poll (FAQ) will be active for three days beginning on Monday, April 13 at 4 PM UTC, the results of which may inform an Executive Vote which will go live on Friday, April 17, at 4 PM UTC.

Review

The Dai Savings Rate Spread was discussed in the Governance call on Thursday, April 9. Please review the VideoAudioSummary and the online discussion to inform your position before voting.

Next Steps

  • On the Friday following the conclusion of the poll, there will be an Executive Vote asking MKR token holders if they support or reject the change proposed by this Governance Poll.

Poll: Dai Stability Fee Adjustment

The Maker Foundation Interim Risk Team has placed a Governance Poll into the voting system which presents a number of possible Dai Stability Fee options. Voters are now able to signal their support for a Dai Stability Fee within a range of 0% to 4.5%.

This Governance Poll (FAQ) will be active for three days beginning on Monday, April 13 at 4 PM UTC, the results of which may inform an Executive Vote which will go live on Friday, April 17, at 4 PM UTC.

Review

The Dai Stability Fee was discussed in the Governance call on Thursday, April 9. Please review the VideoAudioSummary and the online discussion to inform your position before voting.

Next Steps

  • On the Friday following the conclusion of the poll, there will be an Executive Vote asking MKR token holders if they support or reject the change proposed by this Governance Poll.

Resources

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 16:00 UTC.

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

April 13, 2020