Recognised Delegate Compensation Increase - November 8, 2021
The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the MakerDAO governance community. This Governance Poll will be active for three days beginning on Monday, November 8 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 increase the maximum compensation in the delegate compensation trial. The compensation method for this trial can be found in MIP61. If successful, this proposal will change the Maximum Annual Compensation
parameter from 48,000 DAI to 144,000 DAI for the duration of the trial, or until voted otherwise.
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:
- Payments to qualifying delegates will begin in November, distributed via executive vote at the end of each month.
- The maximum delegate compensation per month will be 12,000 DAI per delegate.
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.