Add a GUSD Peg Stability Module - November 22, 2021
The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the MakerDAO mandated actors. This Governance Poll will be active for three days beginning on Monday, November 22 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 onboarding and deployment of a new GUSD Peg Stability Module with the parameters given below.
Proposed GUSD PSM Parameters
- Fee In (
tin): 0% - Fee Out (
tout): 0% - Maximum Debt Ceiling (
line): 100 million DAI - Target Available Debt (
gap): 10 million DAI - Ceiling Increase Cooldown (
ttl): 24 hours
Please review the following threads 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:
- The GUSD PSM will be onboarded in a future 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.