Posted Aug 08 2022 16:00 UTC | Poll ID 849

Ratification Poll for Offboarding Events Core Unit (EVENTS-001) - August 8, 2022

High Impact
Ratification Poll
MIP
Core Unit Offboarding
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, August 8 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 Offboarding Events Core Unit (EVENTS-001) being accepted and implemented in the Maker Protocol.

MIP40c3-SP73

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

"This Core Unit is authorized to spend $898,150 annually. Events are a 'nice to have' and not required for this bear market, particularly considering how Daivinity was executed. Mkr token holders’ money was spent on unknown attendees and no business deals or new hires have been credited to that event. Given current budget constraints, the protocol simply does not accrue value from a core unit whose mission statement is: 'To provide the best MakerDAO branded event experience to the crypto & Maker community including industry professionals, influencers, and enthusiasts'. And so this core unit should be granted severance and offboarded."

The proposal author has proposed a one-off payment to the Core Unit of 103,336 DAI as a golden parachute in the event that the off-boarding is approved by MKR holders.

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

MIP41c5-SP8

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

See the sister sub proposal to remove the budget from this core unit. This core unit is simply not needed anymore. Severance is included in the budget offboarding sub proposal for both facilitators.

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 these proposals Accepted and the Governance Facilitators will confirm their passage on the Governance and Risk call on Thursday, August 25.
  • Any further work required to implement these proposals 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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