The Governance Facilitators have placed a Governance Poll into the voting system on behalf of Spark Protocol and the Stability Facilitators. This Governance Poll will be active for three days beginning on Monday, January 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'.
The community can vote in this poll to express support or opposition to updating the wstETH oracle to assume a 1:1 stETH:ETH peg to prevent temporary market price divergences from cause cascading liquidations.
Please review the discussion thread to help inform your position before voting.
If the votes for the 'Yes' option exceed the votes for the 'No' option then the following actions will be taken:
Phoenix Labs will prepare a Spark spell to include this change on SparkLend Ethereum.
An upcoming Executive Vote will include a proposal to execute the Spark spell.
It is expected that this Executive Vote will take place within 30 days of this poll passing, absent external factors.
If the Executive Vote passes, then these changes 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.
If you are new to voting in the Maker Protocol, please see the voting guide to learn how voting works.