The Maker Foundation Interim Governance Facilitator has placed a Governance Poll into the voting system which the community can use to signal their support to initiate the shutdown of the Single Collateral Dai system through an executive vote on April 24th, 2020.

This Governance Poll (FAQ) will be active for seven days beginning on Monday, March 30 at 4 PM UTC.

Review

The rationale for shutting down SCD was discussed in the Governance call on Wednesday, March 18. Please review the video, forum thread and the general discussion to inform your position before voting.

Next Steps

• If this proposal passes, on the Friday April 24th, there will be an Executive Vote asking MKR token holders if they support or reject the change proposed by this Governance Poll.

Resources

Additional information about the Governance process can be found in the Governance Risk Framework: Governing MakerDAO

Demos, help and instructional material for the Governance Dashboard can be found at Awesome MakerDAO.

To participate in future Governance calls, please join us every Thursday at 16:00 UTC.

To add current and upcoming votes to your calendar, please see the MakerDAO Public Events Calendar.