The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the Maker Open Market Committee. This Governance Poll will be active for three days beginning on Monday, December 13 at 16:00 UTC.

This is an instant-runoff vote.

• You may rank any number of options that you would support in an executive vote.
• Unranked options signal that you would not support the option(s) in an executive vote.
• If you have no preference to any of the listed options, you should vote 'Abstain' as your first and only choice.

Review

MKR holders can vote in this poll to rank their support to recommend the following target Debt Ceilings for the DAI Direct Deposit Module (D3M):

• 25% of Real DAI Supply (DAI on AAVEv2 excluding DAI supplied with recursive leverage)
• 30% of Real DAI Supply (DAI on AAVEv2 excluding DAI supplied with recursive leverage)
• Neither Indicated Percentage of Real DAI Supply.

Please review the discussion thread to help inform your position before voting.

To better understand the Real DAI figures on AAVEv2, please visit this dashboard provided by the Risk Core Unit.

Outcomes

Regardless of the winning option the following actions will be taken at the conclusion of this poll:

• The Maker Open Market Committee will consider the results when recommending changes to DAI Direct Module (D3M) parameters.

Resources

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.

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.