The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the Stability Facilitators. This Governance Poll will be active for three days beginning on Monday, September 23 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 in the context of the LITE-PSM-USDC-A migration plan:

Migration of Reserves

• Migrate all remaining USDC reserves from PSM-USDC-A to LITE-PSM-USDC-A with a script executed in the spell (Note that PSM-USDC-A tin & tout will be set to zero before migration is executed in the spell transaction)

PSM-USDC-A Parameter Changes

• Decrease Toll (tin) by 0.01 percentage points to 0.
• Decrease Toll (tout) by 0.01 percentage points to 0.
• Remove from the AutoLine (DC-IAM)
• Set Debt Ceiling to 0.

LITE-PSM-USDC-A Parameter Changes

• Leave Toll (tin) and Toll (tout)](https://sky-atlas.powerhouse.io/#A.3.4.1.5.1.1.2_Toll_Fee_Out_Definition-a6367de6-db65-4d77-9c29-e1f42617f27e|57ea599773d45150b2632df9) unchanged at 0.
• Increase the Maximum Debt Ceiling (line) by 2.5 billion DAI from 7.5 billion DAI to 10 billion DAI.
• Increase the Target Available Debt(gap) by 200 million DAI from 200 million DAI to 400 million DAI.
• Leave Ceiling Increase Cooldown (ttl) unchanged at 12 hours.
• Increase the Buffer (buf) by 200 million DAI from 200 million DAI to 400 million DAI.

Keeper Network Threshold Parameters

The parameters for the KeeperNetworkJob will be:

• fill: set rushThreshold to 20 million DAI.
• trim: set gushThreshold to 20 million DAI.
• chug: set cutThreshold to 300,000 DAI.

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.
• 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 add current and upcoming votes to your calendar, please see the MakerDAO Governance Calendar.