PollingExecutiveES Module
Posted February 15, 2021, 4 PM UTC

Set Debt Ceiling Instant Access Module Parameters for Multiple Vault Types - February 15, 2021

Poll ended

The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the MakerDAO Risk Domain Team. This Governance Poll will be active for three days beginning on Monday, February 15 at 16:00 UTC.

This is a binary vote. In a binary vote, you may vote for a single option. You should vote for the option which you prefer. Alternatively, if you would accept either of the two options and have no preference between them, you should vote 'Abstain'.

Review

The proposed parameters for the Debt Ceiling Instant Access Module are summarized in this table:

Vault Type Current line Proposed line gap ttl
LRC-A 3,000,000 10,000,000 2,000,000 12 hours
BAT-A 2,000,000 3,000,000 1,000,000 12 hours
BAL-A 4,000,000 5,000,000 1,000,000 12 hours
MANA-A 1,000,000 2,000,000 500,000 12 hours
ZRX-A 5,000,000 5,000,000 1,000,000 12 hours
KNC-A 5,000,000 5,000,000 1,000,000 12 hours
RENBTC-A 2,000,000 2,000,000 500,000 12 hours

Please review the discussion thread to help inform your position before voting.

For more information regarding the Debt Ceiling Instant Access Module and how these parameters interact, check out the module documentation here.

Outcomes

If the votes for the 'Yes' option exceed the votes for the 'No' option then the following actions will be taken:

  • These changes will be included in the weekly Executive Vote on the Friday following the conclusion of this poll.
  • If the Friday executive 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.


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 16:00 UTC.

To add current and upcoming votes to your calendar, please see the MakerDAO Public Events Calendar.

Vote Breakdown

Voting Stats
Total Votes
Unique Voters

System Info

See more
Polling Contract
Dai Savings Rate
Total Dai
Dai Debt Ceiling
System Surplus

Resources