Maker Teleport Temporary Shutdown, DAI Transfers, Starknet Contract Deauthorizations - February 3, 2023
The Governance Facilitator(s) and the Starknet Engineering and Protocol Engineering Core Units 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.
Executive Summary
If this executive proposal passes, the following changes will occur within the Maker Protocol:
- The L2 side of the Teleport bridge on Optimism, Arbitrum, and Starknet will be temporarily shut down, as detailed below.
- 138,894 DAI will be transferred to the Tech-Ops Core Unit, as detailed below.
- A total of 146,559 DAI will be transferred to twelve recipients as part of the offboarding of the Governance Communications Core Unit, itemized below.
- 209,000 DAI will be transferred to fund a Special Purpose Fund posted by the Strategic Finance Core Unit, as detailed below.
- The old Starknet bridge and governance relays will be deauthorized, as detailed below.
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
Maker Teleport Temporary Shutdown
As per this forum post from Facilitator @Derek, the Protocol Engineering Core Unit is planning to redeploy the Teleport L2 Gateways due to the identification of a minor issue. To facilitate this, the L2 side of the Teleport bridges will be temporarily shut down to protect users if this executive proposal passes.
Specifically, ETH-MAIN-A will be removed from the validDomains mapping of authorized destination domains in the L2DaiTeleportGateway contract for each of the three supported L2 domains (Optimism, Arbitrum, and Starknet). This action will be implemented by calling the L1GovernanceRelay contract of each domain in order to execute a special-purpose L2 spell (executed by the L2GovernanceRelay of the domain) that will take care of calling the file function of the corresponding L2DaiTeleportGateway.
Below are the relevant deployed contract addresses:
Tech-Ops Core Unit DAI Transfer
As per their recent successful MIP14c2-SP1 subproposal, 138,894 DAI will be transferred to the Tech-Ops Core Unit (TECH-001) Auditor Wallet at 0x2dC0420A736D1F40893B9481D8968E4D7424bC0B, if this executive proposal passes.
Governance Communications Core Unit Offboarding Payments
As per the recent successful MIP39c3-SP7 subproposal, a total of 146,559 DAI will be distributed to the offboarding Governance Communications Core Unit (COM-001), as itemized below, if this executive proposal passes.
- 131,200 DAI to the GovComms Multisig at 0x1eE3ECa7aEF17D1e74eD7C447CcBA61aC76aDbA9.
- 1,336 DAI to Alec Horner at 0x50D2f29206a76aE8a9C2339922fcBCC4DfbdD7ea.
- 1,983 DAI to Andrea Suárez at 0xeD27986bf84Fa8E343aA9Ff90307291dAeF234d3.
- 715 DAI to Ashton Playsted at 0x3dfE26bEDA4282ECCEdCaF2a0f146712712e81EA.
- 1,376 DAI to Bernard Agrest at 0x74520D1690348ba882Af348223A30D760BCbD72a.
- 583 DAI to Brandon Lewandowski at 0x471C5806cadAFB297D9b95B914B65f626fDCD1a7.
- 1,026 DAI to Constanza Pregal at 0x051cCee0CfBF1Fe9BD891117E85bEbDFa42aFaA9.
- 631 DAI to Gala at 0x1c138352C779af714b6cE328C9d962E5c82EBA07.
- 255 DAI to Iván Berestein at 0x55f2E8728cFCCf260040cfcc24E14A6047fF4d31.
- 1,758 DAI to Larry Wu at 0xE004DAabEfe0322Ac1ab46A3CF382a2A0bA81Ab4.
- 3,013 DAI to Mario Ferrari at 0xC2bE81CeB685eea53c77975b5F9c5f82641deBC8.
- 2,683 DAI to Po Kunfu at 0xdB7c1777b5d4502b3d1228c2449F1816EB507748.
SPF Funding
As per their successful [MIP55c3-SP12] subproposal, 209,000 DAI will be transferred to 0x4Af6f22d454581bF31B2473Ebe25F5C6F55E028D if this executive proposal passes.
This Special Purpose Fund is intended to support Commercial and Legal Domain Work to support the expanded mandate for Real World Assets for the Strategic Finance (SF-001) Core Unit.
Starknet Contract Deauthorizations
As per this forum post from StarkNet Engineering Core Unit Facilitator @pyramidmaker, the old Starknet Bridge and Governance Relay contracts will be deauthorized if this executive proposal passes.
The new versions of these contracts have already been deployed in a previous executive spell.
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 Maker Operational Manual 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.