Posted Jan 10 2022 16:00 UTC | Poll ID 718

Ratification Poll for Modify Core Unit Budget, ORA-001 (Oracle Gas Costs) (MIP40c3-SP45) - January 10, 2022

Oracle
Ratification Poll
MIP
Budget
Forum Discussion

The Governance Facilitators have placed a ratification poll into the voting system as part of the responsibilities defined in MIP51. This Governance Poll will be active for fourteen days beginning on Monday, January 10 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 may vote in this poll to express support or opposition to $mip_code being accepted and implemented in the Maker Protocol.

A brief summary of this proposal has been provided by the MIP Author and is shown below:

MIP40c3-SP45 appends Maker Oracle gas costs to the Oracle Core Unit ORA-001 budget for August 1 2021 through end of March 2022. The Maker Oracle gas cost budget is separate from the general operations budget of the Oracle Core Unit. Unlike the Operations budget, which is renewed annually, the Oracle gas costs budget will be renewed every three months. This first subproposal instance of the Oracle gas cost funding requests also includes one-time payments to fund an emergency multi-sig as well as a repayment to the Maker Foundation for fronting Oracle gas costs since August 1st, 2021.

Please review the links below to inform your position on this proposal before voting.

Outcomes

This poll implements a Minimum Positive Participation value. The Minimum Positive Participation is currently set to 10,000 MKR.

If the votes for the 'Yes' option exceed the votes for the 'No' option AND the votes for the 'Yes' option exceed 10,000 MKR, then the following actions will be taken:

  • The MIP Editors will mark the proposal Accepted and the Governance Facilitators will confirm its passage on the Governance and Risk call on Thursday, January 27.
  • Any further work required to implement the proposal will be tasked to the relevant Core Units.

Otherwise, this proposal will be marked as rejected per MIP51.


Resources

MIP51: Monthly Governance Cycle describes this type of poll and its position and significance within the rest of the governance cycle.

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.

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