On June 15, the Maker Community will vote to determine whether the Maker Improvement Subproposal MIP10c9-SP3 will proceed to the final Executive Vote on June 26th. In short, MIP10c9-SP3* appends DeFi Saver to the BTC/USD Oracle Security Module whitelist to read price data.

Governance Poll Details:

• If the Yes votes in the Governance Poll are higher than the combination of No votes plus the Default Inclusion Threshold at the end of the poll, the proposal will be included in a following Executive Vote. In summary, if Yes votes > (No votes + Default Inclusion Threshold) = inclusion in the Executive Vote.
• Note that the Default Inclusion Threshold is set to 3000 MKR.

Note: This subproposal has been submitted under the informal weekly cycle rather than the MIP3 Governance Cycle due to inconsistencies between MIP10 and MIP3 and to avoid delaying progress in the oracles domain until MIP10 can be amended.

Review

The proposal to whitelist DeFi Saver on the BTCUSD Oracle can be reviewed here: MIP10c9-SP3: Subproposal to Whitelist DeFi Saver on BTCUSD Oracle.

Next Steps

If the Governance Poll passes, the proposal will proceed to the final ratification vote (Executive Vote) on June 26th.

Resources

Additional information about the MIPs process can be found in the Maker Improvement Proposals (MIPs) repository.

Additional information about the Governance process can be found in the Governance Risk Framework: Governing MakerDAO

Demos, help and instructional material for the Governance Dashboard can be found at Awesome MakerDAO.

To participate in future Governance calls, please join us every Thursday at 16:00 UTC.

To add current and upcoming votes to your calendar, please see the MakerDAO Public Events Calendar.