Posted Jan 18 2021 16:00 UTC | Poll ID 419

Community Greenlight Poll - BPT-50WBTC-50WETH (50% WBTC 50% ETH Balancer Pool Token) - January 18, 2021

Greenlight
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Description

The Governance Facilitators have placed a governance poll into the voting system as part of their responsibilities as defined in MIP9: Community Greenlight. This Governance Poll will be active for fourteen days beginning on Monday, January 18 at 16:00 UTC.

This is a binary vote. In a binary vote, you may vote for a single option. You should vote for the option which you prefer. Alternatively, if you would accept either of the two options and have no preference between them, you should abstain.

Review

This poll asks whether the asset BPT-50WBTC-50WETH (50% WBTC 50% ETH Balancer Pool Token) should be prioritized for inclusion in the Maker Protocol by the domain teams.

Note, there are currently multiple Balancer Pools matching the 50% WBTC 50% WETH profile. In the case that this collateral type is prioritised, the domain teams will make a decision on which balancer pool contract to support.

Please review the collateral onboarding application thread to inform your position before voting.

Outcomes

Regardless of the winning option the following actions will be taken at the conclusion of this poll:

  • The 'greenlight score' will be calculated for BPT-50WBTC-50WETH (50% WBTC 50% ETH Balancer Pool Token) using the formula Score = 'Yes' Votes - 'No' Votes
  • The 'greenlight score' for BPT-50WBTC-50WETH (50% WBTC 50% ETH Balancer Pool Token) will be added to the Collateral Prioritisation Sheet by the Governance Facilitator(s).
  • The Domain Teams will use the Collateral Prioritisation Sheet to direct their work on onboarding new collateral types.

Resources

MIP9: Community Greenlight describes this type of poll and goes into more detail about how it interacts with the rest of the collateral onboarding process.

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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