Governance Polls: Add Collateral Types, Community Greenlights, and more

May 25, 2020

The Maker Foundation Interim Risk Team has placed a series of Governance Polls into the voting system which presents additions of USDC-B and TUSD as collateral types, community greenlights, and more.

Poll: Add USDC-B as a Collateral Type

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 USDC-B as a collateral type.

The proposed initial Risk Parameters for USDC-B are:

  • Stability Fee: 50%
  • Debt Ceiling: 10,000,000
  • Liquidation Ratio: 120%
  • Auction Lot Size: 50,000 USDC
  • Minimum Bid Increment: 3%
  • Bid Duration: 6 hours
  • Max Auction Duration: 3 days
  • Liquidation Penalty: 13%
  • Dust: 20 Dai

This Governance Poll (FAQ) will be active for approximately 3 days beginning on Monday, May 25 at 4:00 PM UTC.

Review

Please review the forum thread and the general governance discussion to inform your position before voting.

Next Steps

  • If this proposal passes there will be an Executive Vote on Friday May 29 asking MKR token holders if they support or reject the change.

Poll: Add TUSD as a Collateral Type

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 TUSD as a collateral type.

The proposed initial Risk Parameters for TUSD are:

  • Stability Fee: 0%
  • Debt Ceiling: 2,000,000
  • Liquidation Ratio: 120%
  • Auction Lot Size: 50,000 TUSD
  • Minimum Bid Increment: 3%
  • Bid Duration: 6 hours
  • Max Auction Duration: 3 days
  • Liquidation Penalty: 13%
  • Dust: 20 Dai

This Governance Poll (FAQ) will be active for approximately 3 days beginning on Monday, May 25 at 4:00 PM UTC.

Review

This addition was discussed in the Governance call on Thursday, May 14, 2020.

Please review the videoforum thread and the general governance discussion to inform your position before voting.

Next Steps

  • If this proposal passes there will be an Executive Vote on Friday May 29 asking MKR token holders if they support or reject the change.

Poll: Should we add tBTC to the Maker Protocol?

Description

If passed, this poll is to be taken as a signal to domain teams that MKR Token Holders have approved further domain work with the aim of adding tBTC as a collateral asset to the Maker Protocol.

Review

Please review the forum thread and the general governance MIPs discussion to inform your position before voting.

Next Steps

The poll will run for two weeks.

Resources

Poll: Should we add ZRX to the Maker Protocol?

Description

If passed, this poll is to be taken as a signal to domain teams that MKR Token Holders have approved further domain work with the aim of adding ZRX as a collateral asset to the Maker Protocol.

Review

Please review the forum thread and the general governance MIPs discussion to inform your position before voting.

Next Steps

The poll will run for two weeks.

Poll: Should we add UNI-V1-DAI to the Maker Protocol?

Description

If passed, this poll is to be taken as a signal to domain teams that MKR Token Holders have approved further domain work with the aim of adding UNI-V1-DAI (Uniswap Dai Liquidity Token) as a collateral asset to the Maker Protocol.

Review

Please review the forum thread and the general governance MIPs discussion to inform your position before voting.

Next Steps

The poll will run for two weeks.

Poll: Should we add PC-DROP to the Maker Protocol?

Description

If passed, this poll is to be taken as a signal to domain teams that MKR Token Holders have approved further domain work with the aim of adding PC-DROP (Paperchain DROP) as a collateral asset to the Maker Protocol.

Review

Please review the forum thread and the general governance MIPs discussion to inform your position before voting.

Next Steps

The poll will run for two weeks.

Poll: Should we add DMM to the Maker Protocol?

Description

If passed, this poll is to be taken as a signal to domain teams that MKR Token Holders have approved further domain work with the aim of adding DMM (DeFi Money Market) as a collateral asset to the Maker Protocol.

Review

Please review the forum thread and the general governance MIPs discussion to inform your position before voting.

Next Steps

The poll will run for two weeks.

Poll: Should we add FIAT to the Maker Protocol?

Description

If passed, this poll is to be taken as a signal to domain teams that MKR Token Holders have approved further domain work with the aim of adding FIAT as a collateral asset to the Maker Protocol.

Review

Please review the forum thread and the general governance MIPs discussion to inform your position before voting.

Next Steps

The poll will run for two weeks.

Poll: Should we add FTM to the Maker Protocol?

Description

If passed, this poll is to be taken as a signal to domain teams that MKR Token Holders have approved further domain work with the aim of adding FTM (FANTOM) as a collateral asset to the Maker Protocol.

Review

Please review the forum thread and the general governance MIPs discussion to inform your position before voting.

Next Steps

The poll will run for two weeks.

Poll: Should we add MANA to the Maker Protocol? - May 25, 2020

Description

If passed, this poll is to be taken as a signal to domain teams that MKR Token Holders have approved further domain work with the aim of adding MANA (Decentraland) as a collateral asset to the Maker Protocol.

Review

Please review the forum thread and the general governance MIPs discussion to inform your position before voting.

Next Steps

The poll will run for two weeks.

Poll: Should we add CHZ to the Maker Protocol?

Description

If passed, this poll is to be taken as a signal to domain teams that MKR Token Holders have approved further domain work with the aim of adding CHZ (Chiliz / Sports x) as a collateral asset to the Maker Protocol.

Review

Please review the forum thread and the general governance MIPs discussion to inform your position before voting.

Next Steps

The poll will run for two weeks.

Poll: Should we add CF-DROP to the Maker Protocol?

Description

If passed, this poll is to be taken as a signal to domain teams that MKR Token Holders have approved further domain work with the aim of adding CF-DROP (ConsolFreight DROP) as a collateral asset to the Maker Protocol.

Review

Please review the forum thread and the general governance MIPs discussion to inform your position before voting.

Next Steps

The poll will run for two weeks.

Poll: Base Rate Adjustment

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

This Governance Poll (FAQ) will be active for three days beginning on Monday, May 25 at 4 PM UTC, the results of which may inform an Executive Vote which will go live on Friday, May 29, at 4 PM UTC.

Review

The Base Rate was discussed in an 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, May 25 at 4 PM UTC, the results of which may inform an Executive Vote which will go live on Friday, May 29, at 4 PM UTC.

Review

The Dai Savings Rate Spread was discussed in the Governance call on Thursday, May 21. 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: Should we add TUSD to the Maker Protocol?

Description

If passed, this poll is to be taken as a signal to domain teams that MKR Token Holders have approved further domain work with the aim of adding TUSD (TrueUSD) as a collateral asset to the Maker Protocol.

Review

Please review the forum thread and the general governance MIPs discussion to inform your position before voting.

Next Steps

The poll will run for two weeks.

Resources

May 25, 2020