The Maker Governance Facilitator has placed a Governance Poll into the voting system on behalf of the Maker Governance Community. The community can use this poll to express support or opposition to increasing the WBTC-A Debt Ceiling from 80 Million to 120 Million DAI.

This Governance Poll (FAQ) will be active for three days beginning on Monday, August 31 at 16:00 UTC, the results of which may inform an Executive Vote (FAQ) which will go live on Friday, September 4, at 16:00 UTC.

Review

The signal request for increasing the WBTC-A Debt Ceiling 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, this change will be included in the Executive Vote on Friday, September 4, 2020.

If this poll ends with a 'No' majority, then no further action will be taken.

If the Friday executive passes, then this debt ceiling change will become active in the Maker Protocol after the Governance Security Module delay has expired.

Resources

If you are new to voting in the Maker Protocol, please see the voter onboarding guide to learn how to use this dashboard and set up your wallet to vote.

Additional information about the Governance process can be found in the Governance Risk Framework: Governing MakerDAO

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.