The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the Maker Community. This Governance Poll will be active for three days beginning on Monday, October 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 can vote in this poll to express support or opposition to the following change:

• Remove ETH supply yield and liquidity incentives from calculations when suggesting Target Borrow Rate (bar) values to Maker Governance.

A concurrent poll will ask Governance to recommend a target spread between the D3M Target Borrow Rate (bar) and the Maker ETH-A borrow rate.

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

For more information on how the spread is used to calculate the Target Borrow Rate (bar), please see the Maker Operational Manual entry here.

Outcomes

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

• The MOMC will remove the ETH supply yield and liquidity incentives from the D3M Target Borrow Rate calculations.

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, 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.