Core Unit Distributions, Recognized Delegate Compensation, Keeper Network Stream Setup - July 06, 2022
The Governance Facilitator(s) and the Protocol Engineering Core Unit have placed an executive proposal into the voting system. MKR Holders should vote for this proposal if they support the following alterations to the Maker Protocol.
If you are new to voting in the Maker Protocol, please see the voting guide to learn how voting works, and this wallet setup guide to set up your wallet to vote.
Executive Summary
If this executive proposal passes, the following changes will occur within the Maker Protocol:
- A total of 3,902,998.22 DAI (itemized further down) will be streamed to multiple Core Units.
- A total of 648,133.59 DAI (detailed further down) will be transferred to the Growth Core Unit (GRO-001).
- A total of 215,000 DAI (detailed further down) will be streamed to the Keep3r Keeper Network.
- A total of 85,185 DAI (itemized further down) will be transferred to multiple Recognized Delegates.
Voting for this executive proposal will place your MKR in support of the changes and additions outlined above.
Unless otherwise noted, the changes and additions listed above are subject to the GSM Pause Delay. This means that if this executive proposal passes, the changes and additions listed above will only become active in the Maker Protocol after the GSM Pause Delay has expired. The GSM Pause Delay is currently set to 48 hours.
If this executive proposal does not pass within 30 days, then it will expire and can no longer have any effect on the Maker Protocol.
Proposal Details
Core Unit Distributions
Core Unit Budget Streams
As per multiple successful budget proposals (linked below), a total of 3,902,998.22 DAI will be streamed to multiple Core Units if this executive proposal passes:
- 989,004 DAI will be streamed to the Strategic Finance Core Unit (SF-001) at 0xf737C76D2B358619f7ef696cf3F94548fEcec379 starting on 2022-07-01 and ending on 2023-07-01 as a result of their most recent budget approval.
- 2,913,994.22 DAI will be streamed to the Growth Core Unit (GRO-001) at 0x7800C137A645c07132886539217ce192b9F0528e starting on 2022-07-01 and ending on 2023-06-30 as a result of their most recent budget approval.
Core Unit Budget Transfers
- 648,133.59 DAI will be transferred to the Growth Core Unit (GRO-001) at 0x7800C137A645c07132886539217ce192b9F0528e as a result of their most recent budget approval.
Recognized Delegate Compensation
As per MIP61: Recognized Delegate Compensation, a total of 85,185 DAI will be distributed to 14 Recognized Delegates as itemized below if this executive proposal passes:
- 11,573 DAI transferred to Feedblack Loops LLC at 0x80882f2A36d49fC46C3c654F7f9cB9a2Bf0423e1.
- 11,528 DAI transferred to Flip Flop Flap Delegate LLC at 0x688d508f3a6B0a377e266405A1583B3316f9A2B3.
- 11,292 DAI transferred to schuppi at 0xCCffDBc38B1463847509dCD95e0D9AAf54D1c167.
- 9,366 DAI transferred to MakerMan at 0x9AC6A6B24bCd789Fa59A175c0514f33255e1e6D0.
- 8,813 DAI transferred to ACREInvest at 0x5b9C98e8A3D9Db6cd4B4B4C1F92D0A551D06F00D.
- 8,158 DAI transferred to JustinCase at 0xE070c2dCfcf6C6409202A8a210f71D51dbAe9473.
- 6,679 DAI transferred to GFX Labs at 0xa6e8772af29b29B9202a073f8E36f447689BEef6.
- 5,075 DAI transferred to Doo at 0x3B91eBDfBC4B78d778f62632a4004804AC5d2DB0.
- 3,795 DAI transferred to Penn Blockchain at 0x070341aA5Ed571f0FB2c4a5641409B1A46b4961b.
- 3,186 DAI transferred to Flipside Crypto at 0x62a43123FE71f9764f26554b3F5017627996816a.
- 2,739 DAI transferred to Chris Blec at 0xa3f0AbB4Ba74512b5a736C5759446e9B50FDA170.
- 2,150 DAI transferred to Blockchain@Columbia at 0xdC1F98682F4F8a5c6d54F345F448437b83f5E432.
- 704 DAI transferred to mhonkasalo & teemulau at 0x97Fb39171ACd7C82c439b6158EA2F71D26ba383d.
- 127 DAI transferred to Governance House at 0x82cD339Fa7d6f22242B31d5f7ea37c1B721dB9C3.
Keep3r Keeper Network Stream Setup
As per the ratified MIP63c4-SP4: Onboard/Amend Keeper Network - Keep3r Network, a total of 215,000 DAI will be streamed to Keep3r Keeper Network if this executive proposal passes:
- 215,000 DAI will be streamed to the Keep3r Keeper Network at 0xc6A048550C9553F8Ac20fbdeB06f114c27ECcabb starting on 2022-07-01 and ending on 2023-01-31 at a rate of 1,000 DAI/day.
Review
Community debate on these topics can be found on the MakerDAO Governance forum. Please review any linked threads to inform your position before voting.
Additionally, these changes may have been discussed further in recent Governance calls. Video for these calls is available to review.
Resources
Additional information about the Governance process can be found in the Governance section of the MakerDAO community portal.
To participate in future Governance calls, please join us every Thursday at 17:00 UTC.
To add current and upcoming votes to your calendar, please see the MakerDAO Public Events Calendar.