The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the Maker Community. This Governance Poll will be active for three days beginning on Monday, March 7 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 following changes:

• Lowering the System Surplus Buffer from its current value of 250 million DAI.
• Reinstating the System Surplus Buffer lerp increase from 60 million DAI to 90 million DAI as defined in this poll and subsequent executive proposal.
• The initial value of the System Surplus Buffer will be based on the 30-week linear extrapolation passed on November 26th and executed on November 29th, 2021.

Note: A prerequisite to this action being taken is the installation of a Rate Limiter (approved in this Governance Poll).

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:

• This change will be included in the next available Executive Vote, once the prerequisite conditions have been satisfied.
• If the Executive Vote passes, then this change 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.

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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.