The Maker Foundation Interim Risk Team has placed a Governance Poll into the voting system which presents a number of possible Liquidation Ratio options. Voters are now able to signal their support for a USDC Liquidation Ratio within a range of 105% to 125%.

This Governance Poll (FAQ) will be active for three days beginning on Wednesday, April 22 at 9 PM UTC, the results of which may inform an Executive Vote which will go live on Friday, April 24, at 4 PM UTC.

Review

The USDC Liquidation Ratio was discussed in the [USDC plus additional Stablecoins] Risk Parameter Request for Comment thread. Please review to inform your position before voting.

Next Steps

• On the Friday following the conclusion of the poll, there will be an Executive Vote asking MKR token holders if they support or reject the change proposed by this Governance Poll.

Resources

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.