Core Unit Distributions, Recognized Delegate Compensation, Keeper Network Stream Setup - July 06, 2022

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MKR Support

Supporters

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:

Core Unit Budget Transfers

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:

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:

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.

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