PollingExecutiveDelegatesES Module
Posted September 13, 2021, 4 PM UTC

Ratification Poll for Collateral Engineering Services Core Unit, CES-001 - September 13, 2021

Discussion
Poll ended

The Governance Facilitators have placed a ratification poll into the voting system as part of the responsibilities defined in MIP51. This Governance Poll will be active for fourteen days beginning on Monday, September 13 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 may vote in this poll to express support or opposition to Collateral Engineering Services Core Unit, CES-001 being accepted and implemented in the Maker Protocol.

Collateral Engineering Services Core Unit - Mandate

A brief summary of this proposal has been provided by the MIP Author and is shown below:

Scaling Dai and decentralized collateral management are the biggest motivators for the Collateral Engineering Services (CES) Core Unit. The Maker protocol and community has an understanding and strong consensus that collateral is our top priority. We have done a great job since the Multi-collateral Dai launch in November 2019. Since then and using the resources available to us, we have designed and iterated on a collateral onboarding process that has served us well. Now, it is time to greatly improve upon our capabilities to reach one trillion Dai and beyond.

Please review the links below to inform your position on this proposal before voting.

Add Core Unit Budget, CES-001

A brief summary of this proposal has been provided by the MIP Author and is shown below:

Building upon the theme of sustainability of the Collateral Engineering Services Core Unit (CES), the budget reflects support of the Mandates and business continuity in MIP39. Any elements of this budget reflecting a likeness to other Core Units is a principle of building on the shoulders of giants. Much appreciation is given to all the trailblazers. The CES budget is designed with the following in mind:

  • Paying for the operational costs to run the Core Unit
  • Building a reserve for sustainability

Please review the links below to inform your position on this proposal before voting.

Facilitator Onboarding, CES-001

A brief summary of this proposal has been provided by the MIP Author and is shown below:

My role is to support the Mandates and business continuity for the Collateral Engineering Services Core Unit (CES).

Today, this is best accomplished by taking the role of Facilitator, Team Lead, and Business Leader. My background and experience with the Maker Foundation makes me uniquely qualified to assume these roles. As the Core Unit establishes itself, I will look to transition the Facilitator role, or a portion of that responsibility, to a bonafide member of the MakerDAO community.

Please review the links below to inform your position on this proposal before voting.

Outcomes

This poll implements a Minimum Positive Participation value. The Minimum Positive Participation is currently set to 10,000 MKR.

If the votes for the 'Yes' option exceed the votes for the 'No' option AND the votes for the 'Yes' option exceed 10,000 MKR, then the following actions will be taken:

  • The MIP Editors will mark these proposals Accepted and the Governance Facilitators will confirm their passage on the Governance and Risk call on Thursday, September 30.
  • Any further work required to implement these proposals will be tasked to the relevant Core Units.

Otherwise, this proposal will be marked as rejected per MIP51.


Resources

MIP51: Monthly Governance Cycle describes this type of poll and its position and significance within the rest of the governance cycle.

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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