Governance Polls: Adjustments to USDC Stability Fee, Debt Ceiling, Dai Stability Fee, and more – March 23, 2020

23rd March 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, Debt Ceiling adjustment, Dai Stability Fee adjustment, Unblock the remaining Debt Auctions, and a Sai 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 16% to 24%.

This Governance Poll (FAQ) will be active for three days beginning on Monday, March 23 at 4 PM UTC, the results of which may inform an Executive Vote which will go live on Friday, March 27, at 4 PM UTC.

Review

The USDC Stability Fee was discussed in the Governance call on Thursday, March 19. Please review the VideoAudioSummary and the online discussion to inform your position before voting.

Next Steps


Poll: Debt Ceiling Adjustment

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, March 23, the results of which may inform an Executive Vote which will go live on Friday, March 27, at 4 PM UTC.

Review

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.

Next Steps


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, March 23 at 4 PM UTC, the results of which may inform an Executive Vote which will go live on Friday, March 27, at 4 PM UTC.

Review

The Dai Stability Fee was discussed in the Governance call on Thursday, March 19. Please review the VideoAudioSummary and the online discussion to inform your position before voting.

Next Steps


Poll: Unblock the remaining Debt Auctions

The Maker Foundation Interim Risk Team has placed a Governance Poll into the voting system which the community can use to unblock the remaining Debt Auctions from the system.

This Governance Poll (FAQ) will be active for three days beginning on Monday, March 23 at 4 PM UTC, the results of which may inform an Executive Vote which will go live on Friday, March 27, at 4 PM UTC.

Review

The method for unblocking the remaining Debt Auctions was discussed in the Governance call on Friday, March 20. Please review the VideoSummary and the online discussion to inform your position before voting.

Next Steps


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 3.5% to 11.5%.

This Governance Poll (FAQ) will be active for three days beginning on Monday, March 23 at 4 PM UTC, the results of which may inform an Executive Vote which will go live on Friday, March 27, at 4 PM UTC.

Review

The Sai Stability Fee was discussed in the Governance call on Thursday, March 19. Please review the VideoAudioSummary and the online discussion to inform your position before voting.

Next Steps


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.


23rd March 2020