Governance Polls: Ratifications
August 9, 2021
The Maker Foundation Interim Risk Team has placed a series of Governance Polls into the voting system which presents a Timing Poll to proceed with the MIPs Ratification Vote, Dai Stability Fee adjustment, DSR Spread adjustment, Debt Ceiling adjustment, and USDC Stability Fee adjustment.
Today, on April 27th, 2020, the Maker Community will vote to proceed with the ratification vote for the Initial 13 Maker Improvement Proposals (MIPs) and 2 Subproposals. The MIPs cover the Core Governance and Collateral Onboarding frameworks as well as two subproposals for onboarding an official MIP Editor and a Smart Contracts Domain team.
If passed, the Maker community will proceed with the Ratification Vote of the proposed MIPs and Subproposals on May 1-4.
MIP0 (The Maker Improvement Proposals Framework): MIP0 defines and describes the MIPs Framework.
MIP1 (Maker Governance Paradigms): MIP1 defines and describes Governance Paradigms and problem spaces.
MIP2 (Governance Launch Period): MIP2 details two interim phases during which logic defined in MIP0 is overridden.
MIP3 (Governance Cycle): MIP3 defines a monthly Governance Cycle with the aim of providing a predictable framework for Maker governance decisions.
MIP4 (MIP Amendment and Removal Process): MIP4 defines processes for the amendment and removal of accepted MIPs.
MIP5 (Emergency Voting System): MIP5 defines emergency changes to the protocol and Governance Facilitator role and how they should be handled in practice.
MIP6 (Collateral Onboarding Form/Forum Template): MIP6 defines a standardized application form used to kick off the process of onboarding a new collateral asset to the Maker Protocol.
MIP7 (Domain Teams for Collateral Onboarding): MIP7 defines processes for onboarding and offboarding domain teams.
MIP8 (Domain Greenlight): MIP8 defines the process by which domain teams signal that a potential collateral type is worth the time spent investigating its inclusion in the Maker Protocol.
MIP9 (Community Greenlight): MIP9 defines the process by which MKR Token Holders can signal their judgment on the value of a potential collateral type before domain teams spend time thoroughly investigating its inclusion into the Maker Protocol.
MIP10 (Oracle Requirements for Collateral Onboarding): MIP10 defines how oracles are onboarded, offboarded, and managed in order to support the collateral onboarding process.
MIP11 (Collateral Onboarding Risk Models): MIP11 defines the requirements of general risk models and how they are onboarded and offboarded from the Maker Protocol.
MIP12 (Collateral Onboarding and Risk Parameter Adjustment Process Documentation Requirements): MIP12 defines the domain team and documentation requirements for adding or changing collateral packages in the Maker Protocol.
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 27 at 4 PM UTC, the results of which may inform an Executive Vote which will go live on Friday, May 1, at 4 PM UTC.
The Dai Stability Fee was discussed in the Governance call on Thursday, April 23. Please review the Video, Audio, Summary and the online discussion to inform your position before voting.
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 27 at 4 PM UTC, the results of which may inform an Executive Vote which will go live on Friday, May 1, at 4 PM UTC.
The Dai Savings Rate Spread was discussed in the Governance call on Thursday, April 23. Please review the Video, Audio, Summary and the online discussion to inform your position before voting.
The Maker Foundation Interim Risk Team has placed a Governance Poll into the voting system to alter the Dai Debt Ceiling. Voters are now able to signal their support to:
This Governance Poll (FAQ) will be active for three days beginning on Monday, April 27, the results of which may inform an Executive Vote which will go live on Friday, May 1, at 4 PM UTC.
As outlined in the "Debt Ceiling" section of the previously ratified Migration Risk Construct proposal, the Interim Risk Team is putting forth this governance proposal.
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 0% to 8%.
This Governance Poll (FAQ) will be active for three days beginning on Wednesday, April 27 at 4 PM UTC, the results of which may inform an Executive Vote which will go live on Friday, May 1, at 4 PM UTC.
The USDC Stability Fee was discussed in the [USDC plus additional Stablecoins] Risk Parameter Request for Comment thread. Please review to inform your position before voting.
The Maker Foundation Interim Risk Team has placed a Governance Poll into the voting system through which the community can signal their support to add WBTC as a collateral type.
The proposed intitial Risk Parameters for WBTC are:
This Governance Poll (FAQ) will be active for approximately 2 days beginning on Tuesday, April 28 at 2:30 AM UTC.
This addition was discussed in the Governance call on Thursday, April 23, 2020.
Please review the video, forum thread and the general governance discussion to inform your position before voting.
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.