Posted Mar 13 2023 16:01 UTC | Poll ID 981

Remove the DC-IAM from MIP65 (RWA007-A) - March 13, 2023

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Review resources on GitHub

The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the MakerDAO Community. This Governance Poll will be active for three days beginning on Monday, March 13 at 16:00 UTC.

This is a binary vote.

  • You may vote for a single option.
  • You should vote for the option which you prefer.
  • If you would accept either option, you should vote 'Abstain'.

Review

The community can vote in this poll to express support or opposition to the following changes:

  • Remove the Debt Ceiling Instant Access Module (DC-IAM) from MIP65 (RWA007-A).

This would mean that the full debt ceiling of the RWA007-A could be deployed, rather than being throttled by the Target Available Debt parameter.

More information on the Debt Ceiling Instant Access Module may be found on the Maker Operational Manual here.

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

Outcomes

If the votes for the 'Yes' option exceed the votes for the 'No' option then the following actions will be taken:

  • This change will be included in an upcoming Executive Vote as the Protocol Engineering Core Unit's schedule allows.
  • It is expected that this Executive Vote will take place within 30 days of this poll passing, absent external factors.
  • If the Executive Vote passes, then these changes will become active in the Maker Protocol after the GSM Pause Delay has expired.

If the votes for the 'No' option equal or exceed the votes for the 'Yes' option then no further action will be taken at this time.


Resources

If you are new to voting in the Maker Protocol, please see the voting guide to learn how voting works.

Additional information about the Governance process can be found in the Maker Operational Manual.

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 Governance Calendar.

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