SparkLend Ethereum - Increase USDS DDM Maximum Debt Ceiling for Aave Lido Market - November 18, 2024
The Governance Facilitators have placed a Governance Poll into the voting system on behalf of Spark Protocol and the Stability Facilitator. This Governance Poll will be active for three days beginning on Monday, November 18 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 adjusting the USDS DDM Maximum Debt Ceiling for the Aave Lido Market as described below:
- Increase Aave Lido market DDM Maximum Debt Ceiling (
line
) by 100 million USDS from 100 million USDS to 200 million USDS.
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 an upcoming Executive Vote.
- 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 this change will become active in the Sky 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 Sky Protocol, please see the voting guide to learn how voting works.
Additional information about the Governance process can be found in the Operational Manual.
To add current and upcoming votes to your calendar, please see the Sky Governance Calendar.