The Arbitration Facilitators have placed a Governance Poll into the voting system on behalf of the Decentralized Collateral Scope Facilitators. This Governance Poll will be active for three days beginning on Monday, April 3 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 adding an exemption to the benchmark yield requirement defined in MIP103c2.3.3.5.1 (quoted below for convenience) for the following vault types:

• ETH-A
• ETH-B
• ETH-C
• WSTETH-A
• WSTETH-B
• RETH-A
• CRVV1ETHSTETH-A

MIP103c2.3.3.5.1 states:

"Initially, the Yield Collateral Benchmark Yield is equivalent to the 3-month US Government Treasury Bill."

The process to exempt collateral from the Yield Collateral Benchmark Yield is defined in MIP104c2.3.1.1.1.

Please review the originating thread by the Facilitator of the Decentralized Collateral Scope Framework 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:

• The listed collaterals will be exempt from the Yield Collateral Benchmark Yield requirement.

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.

Additional information about the Governance process can be found in the Maker Operational Manual.

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