Governance Poll: Proposed Stability Fee Increase – April 15

April 15, 2019

The Maker Foundation Interim Risk Team has placed a Governance Poll into the voting system which presents a number of possible Dai Stability Fee increase options. Voters are now able to signal their support for one of the following Stability Fee increases: 0%, +1%, +2%, +3%, or +4%.

This Governance Poll (FAQ) will be active for three days beginning on Monday, April 15 at 4 PM UTC, the results of which will inform an Executive Vote (FAQ) which will go live on Friday, April 19, at 4 PM UTC.

Review

The need to increase the Stability Fee was discussed in the Governance call on Thursday, April 11. Please review the VideoAudioTranscript and the online discussion to inform your position before voting.

Key factors under consideration for increasing the Stability Fee are:

The MakerDAO community is moving forward with a Governance Poll to gauge sentiment for an additional Stability Fee increase. The Interim Foundation Risk Team has put together a proposal that includes a range of options. Voters may signal their support for a Stability Fee increase of: 0%, +1%, +2%, +3%, or +4%.

Action

Vote for this proposal to signal your support to increase the Stability Fee by [X]% bringing it to [Y]% per year.

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.


April 15, 2019