Posted Feb 20 2023 16:00 UTC | Poll ID 954

Audit and Review Work for Phoenix Labs - February 20, 2023

Medium Impact
Misc Governance
Misc Funding
Forum Discussion

The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the Protocol Engineering Core Unit. This Governance Poll will be active for three days beginning on Monday, February 20 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 Protocol Engineering Core Unit diverting resources from other tasks to accomplish the review of Spark Protocol (by Phoenix Labs). The following items would be in the immediate scope:

  • Review the Aave v3 fork and any differences (as part of a D3M integration)
  • Review the new interest rate mechanics as part of Spark Lend
  • Present a technical assessment of the integration partner (Spark Lend)
  • Consider a resubmission to ChainSecurity pending any code changes
  • Liaison with Phoenix Labs to create a Governance Executive when ready to launch

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

For more information on Phoenix Labs, consider reviewing this announcement post.

Spark Protocol is the subject of several upcoming independent governance votes. For discourse and review of those proposals please see:

Outcomes

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

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 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 Governance Calendar.

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