Posted Jan 10 2022 16:00 UTC | Poll ID 716

Increase the Dust Parameter for Select LP Token Vaults - January 10, 2022

Risk Parameter
Forum Discussion

The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the Risk Core Unit. This Governance Poll will be active for three days beginning on Monday, January 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 modifying the Debt Floor (also known as Dust) parameter as follows:

  • Increase the Dust Parameter from 15,000 DAI to 60,000 DAI for UNIV2DAIETH-A, UNIV2USDCETH-A, and UNIV2WBTCDAI-A.
  • Increase the Dust Parameter from 15,000 DAI to 25,000 DAI for UNIV2WBTCETH-A and UNIV2UNIETH-A.

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 the weekly Executive Vote on the Friday following the conclusion of this poll.
  • If the Friday executive passes, then this change 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

Unsure about the Debt Floor (dust) parameter and what you should take into account when voting? Check out the parameter documentation here.

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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