Increase the System Surplus Buffer - February 15, 2021
The Governance Facilitator(s) have placed a Governance Poll into the voting system on behalf of the Maker Governance Community. This Governance Poll will be active for three days beginning on Monday, February 15 at 16:00 UTC.
This is an instant-runoff vote. In an instant-runoff vote, you may rank any number of options in the order of preference. As a general rule, you should rank every option you would be willing to vote for if it was included in an executive vote. By failing to rank an option you signal that you are not willing to vote for it in an executive vote. Alternatively, if you would accept any of the listed options and have no preference as to which, you should vote 'Abstain' as your first choice and rank no other choices.
MKR Token Holders may vote in this poll to keep or adjust the System Surplus Buffer (also referred to as the 'System Surplus'):
- 10 million DAI (no change)
- 20 million DAI (+10 MM)
- 30 million DAI (+20 MM)
Please review the discussion thread to inform your position on this issue before voting.
If a non-'Abstain' option recieves more votes than each other option (excluding 'Abstain') and the support for that option exceeds 50% of the total votes cast (excluding 'Abstain' votes) then the following actions will be taken:
- If the result requires a change to the current setting, the change will be included in the weekly Executive Vote on the Friday following the conclusion of this poll.
- If the Friday executive passes, then this change will become active in the Maker Protocol after the GSM Pause Delay has expired.
Otherwise, no further actions will be taken at this time.
Unsure about the System Surplus Buffer parameter and what you should take into account when voting? Check out the parameter documentation here.
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.