Posted Nov 14 2022 16:00 UTC | Poll ID 896
Poll ended
Plurality poll

Stablecoin Vault Liquidation Parameters and Auction Activation - November 14, 2022

High Impact
Risk Parameter
Auction
Discussion

The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the Maker Community and the Risk Core Unit. This Governance Poll will be active for three days beginning on Monday, November 14 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 following changes for USDC-A, USDP-A, and GUSD-A:

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

For more information on the motivation behind these changes, please see the initial signal request from @nonstopTheo.

Outcomes

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

  • These changes will be included in an upcoming Executive Vote as the Protocol Engineering Core Unit's schedule allows.
  • It is expected that this Executive Vote will take place within 30 days of this poll passing, absent external factors.
  • If the Executive Vote passes, then these changes 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

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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