The Governance Facilitators have placed a governance poll into the voting system on behalf of the rest of the MakerDAO mandated actors. The community can use this poll to express support or opposition to taking a more flexible and transparent approach to collateral onboarding along the lines presented in this signal thread.

The changes to the collateral onboarding process can be summarized as such:

• Suspend the usage of MIPs 8, 11 and 12 effective immediately. Suspend the parts of MIP 10 directly related to collateral onboarding.
• Explicitly allow collateral onboarding to be a flexible process that can adjust to the demands of reality.
• Publish and maintain a single public document (initially a spreadsheet) with all greenlit (and possibly other) collateral types listed and prioritised according to the varying risks and benefits of each.
• Provide Foundation-funded grants for collateral onboarding to allow the community to take more of a role in this process.

This non-standard weekly Governance Poll (FAQ) will be active for three days beginning on Monday, October 5 at 16:00 UTC.

Review

The signal thread that triggered this poll can be found here along with the results. Please review the discussion there to inform your position before voting.

Next Steps

If this poll ends with a 'Yes' majority, the collateral onboarding process will change in line with the points above.

If this poll ends with a 'No' majority, the collateral onboarding process will continue to operate as it currently operates.

Resources

The MIPs mentioned in this poll can be found at the following links: MIP8, MIP10, MIP11, and MIP12.

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 16:00 UTC.

To add current and upcoming votes to your calendar, please see the MakerDAO Public Events Calendar.