# Poll: Increase the Dust Parameter for Most Vault Types - November 29, 2021

The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the Maker Governance Community. This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for three days beginning on Monday, November 29 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 modifying the [Debt Floor](https://community-development.makerdao.com/en/learn/governance/param-debt-floor) (also known as Dust) parameter for all vault-types excluding ETH-B and ETH-C: 
* Increase the Dust Parameter from 10,000 DAI to 15,000 DAI for all vault-types excluding ETH-B and ETH-C.
* PSM vault-types will be excluded from this change.

Please review the discussion [thread](https://forum.makerdao.com/t/signal-request-adjusting-dust-parameter-2021-4/11598) 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:**
* 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 these changes will become active in the Maker Protocol after the [GSM Pause Delay](https://community-development.makerdao.com/en/learn/governance/param-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

Unsure about the Debt Floor (dust) parameter and what you should take into account when voting? Check out the parameter documentation [here](https://community-development.makerdao.com/en/learn/governance/param-debt-floor).

If you are new to voting in the Maker Protocol, please see the [voting guide](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


Signal your support or opposition to Increase the Dust Parameter from 10,000 DAI to 15,000 DAI for all vault-types excluding ETH-B and ETH-C.

Increase the Dust Parameter for Most Vault Types - November 29, 2021

# Poll: Increase the Dust Parameter for ETH-B Vault Type - November 29, 2021

The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the MakerDAO community. This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for three days beginning on Monday, November 29 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 modifying the [Debt Floor](https://community-development.makerdao.com/en/learn/governance/param-debt-floor) (also known as Dust) parameter for the ETH-B vault type:
* Increase the Dust Parameter from 30,000 DAI to 40,000 DAI for the ETH-B vault type.

Please review the discussion [thread](https://forum.makerdao.com/t/signal-request-adjusting-dust-parameter-2021-4/11598) 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 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](https://community-development.makerdao.com/en/learn/governance/param-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

Unsure about the Debt Floor (dust) parameter and what you should take into account when voting? Check out the parameter documentation [here](https://community-development.makerdao.com/en/learn/governance/param-debt-floor).

If you are new to voting in the Maker Protocol, please see the [voting guide](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


Signal your support or opposition to increase the Debt Floor (dust) parameter from 30,000 to 40,000 DAI for the ETH-B vault type.

Increase the Dust Parameter for ETH-B Vault Type - November 29, 2021

# Poll: Use the MakerDAO Treasury to Fund MKR Expenses - November 29, 2021

The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the Maker community. This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for three days beginning on Monday, November 29 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: 
* When possible, use MKR from the MakerDAO Treasury to fund expenses denominated in MKR.

Please review the discussion [thread](https://forum.makerdao.com/t/signal-request-should-we-mint-new-mkr-for-protocol-expenses-or-fund-them-with-mkr-from-the-makerdao-treasury/11629) 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:**
* Future MKR expenses will be paid from the MakerDAO treasury rather than using minted MKR unless governance explicitly votes otherwise.
* Existing MKR expenses that have been set up to be paid using minted MKR will be changed to use MKR from the MakerDAO treasury.

**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](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


Signal your support or opposition to using the MakerDAO Treasury to fund MKR expenses.

Use the MakerDAO Treasury to Fund MKR Expenses - November 29, 2021

# Poll: Add GUNIV3DAIUSDC2-A Tier as a new Vault Type - November 29, 2021

The Governance Facilitators have placed a Governance Poll into the [voting system](https://vote.makerdao.com/polling) on behalf of the MakerDAO mandated actors. This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for three days beginning on Monday, November 29 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

This poll allows the MakerDAO governance community to signal their support or opposition to adding GUNIV3DAIUSDC2-A (Gelato DAI-USDC) as a new vault type in the Maker Protocol with the parameters below:

### Initial Collateral Parameters

* Underlying Collateral: GUNI-DAI/USDC (0.01% Fee)
* [Stability Fee](https://community-development.makerdao.com/en/learn/governance/param-stability-fee): 1%
* [Liquidation Ratio](https://community-development.makerdao.com/en/learn/governance/param-liquidation-ratio): 105%
* [Maximum Debt Ceiling (`line`)](https://makerdao.world/en/learn/governance/module-dciam): 10 million DAI
* [Debt Floor (`dust`)](https://community-development.makerdao.com/en/learn/governance/param-debt-floor): 10,000 DAI
* [Target Available Debt (`gap`)](https://makerdao.world/en/learn/governance/module-dciam): 10 million DAI
* [Ceiling Increase Cooldown (`ttl`)](https://makerdao.world/en/learn/governance/module-dciam): 8 hours


### Liquidation 2.0 Parameters

* [Auction Price Function (`calc`)](https://community-development.makerdao.com/en/learn/governance/param-auction-price-function): Stairstep Exponential
* [Price Change Multiplier (`cut`)](https://community-development.makerdao.com/en/learn/governance/param-auction-price-function): 0.999
* [Price Change Interval (`step`)](https://community-development.makerdao.com/en/learn/governance/param-auction-price-function): 120 seconds
* [Auction Price Multiplier (`buf`)](https://community-development.makerdao.com/en/learn/governance/param-auction-price-multiplier): 1.05
* [Liquidation Penalty (`chop`)](https://community-development.makerdao.com/en/learn/governance/param-liquidation-penalty): 13%

*Liquidations are disabled for this collateral type. The risk for GUNIV3DAIUSDC2-A is primarily from USDC tail risks, and so it's impossible to generate appropriate risk parameters from previous data.*

**Limits**

* [Local Liquidation Limit (`ilk.hole`)](https://community-development.makerdao.com/en/learn/governance/param-local-liquidation-limit): 5 million DAI
* [Maximum Auction Drawdown (`cusp`)](https://community-development.makerdao.com/en/learn/governance/param-max-auction-drawdown): 0.9
* [Maximum Auction Duration (`tail`)](https://community-development.makerdao.com/en/learn/governance/param-max-auction-duration): 220 minutes
* [Breaker Price Tolerance (`tolerance`)](https://community-development.makerdao.com/en/learn/governance/param-breaker-price-tolerance): 0.95

**Incentives**

* [Proportional Kick Incentive (`chip`)](https://community-development.makerdao.com/en/learn/governance/param-proportional-kick-incentive): 0.10%
* [Flat Kick Incentive (`tip`)](https://community-development.makerdao.com/en/learn/governance/param-flat-kick-incentive): 300 DAI

Please review the following forum threads containing information about GUNIV3DAIUSDC2-A (Gelato) to inform your position before voting.
* [Proposal Thread](https://forum.makerdao.com/t/g-uni-dai-usdc-0-01-tier-onboard-g-uni-for-univ3s-new-0-01-fee-tier/11738)
* [Risk Core Unit Evaluation](https://forum.makerdao.com/t/g-uni-dai-usdc-collateral-onboarding-risk-evaluation/9719)
* [Protocol Engineering Core Unit Evaluation](https://forum.makerdao.com/t/guni-dai-usdc-erc20-token-smart-contract-technical-assessment/9139)
* [Oracles Team Evaluation](https://forum.makerdao.com/t/guni-dai-usdc-collateral-onboarding-oracle-assessment-mip10c3-sp41/10268)

## Outcomes

**If the votes for the 'Yes' option exceed the votes for the 'No' option then the following actions will be taken:**
* GUNIV3DAIUSDC2-A (Gelato DAI-USDC) will be onboarded in a future executive vote as the Protocol Engineering Core Unit's schedule allows. 
* 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](https://community-development.makerdao.com/en/learn/governance/param-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](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


This poll proposes system parameters which could be used to initialize GUNIV3DAIUSDC2-A as a new vault type.

Add GUNIV3DAIUSDC2-A as a new Vault Type - November 29, 2021

# Poll: One Time Payment to the GovComms CU to Deal with Budget Issues - November 29, 2021

The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the Governance Communications Core Unit. This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for three days beginning on Monday, November 29 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: 
* Make a one time payment of 27058.33 DAI to [COM-001](https://mips.makerdao.com/mips/details/MIP39c2SP8) to deal with budget issues.

Please review the discussion [thread](https://forum.makerdao.com/t/signal-request-one-time-payment-to-com-001-to-cover-missing-dssvest-funds/11685) 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 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](https://community-development.makerdao.com/en/learn/governance/param-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](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


Signal your support or opposition for a one time payment payment of 27,058.33 DAI to the GovComms CU.

One Time Payment to the GovComms CU to Deal with Budget Issues - November 29, 2021

# Poll: Parameter Changes Proposal - MakerDAO Open Market Committee - November 29, 2021

The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the [MakerDAO Open Market Committee](https://forum.makerdao.com/t/parameter-proposal-group-makerdao-open-market-committee/7355). This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for three days beginning on Monday, November 29 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

MKR Token Holders may vote in this poll to express support or opposition to the following parameter changes:

**Stability Fee Increases**

* Increase the **ETH-A** [Stability Fee](https://community-development.makerdao.com/en/learn/governance/param-stability-fee) from 2.5% to 2.75%.
* Increase the **ETH-B** [Stability Fee](https://community-development.makerdao.com/en/learn/governance/param-stability-fee) from 6.0% to 6.5%.
* Increase the **LINK-A** [Stability Fee](https://community-development.makerdao.com/en/learn/governance/param-stability-fee) from 1.5% to 2.5%.
* Increase the **MANA-A** [Stability Fee](https://community-development.makerdao.com/en/learn/governance/param-stability-fee) from 3.0% to 6.0%.
* Increase the **UNI-A** [Stability Fee](https://community-development.makerdao.com/en/learn/governance/param-stability-fee) from 1.0% to 3.0%.
* Increase the **GUSD-A** [Stability Fee](https://community-development.makerdao.com/en/learn/governance/param-stability-fee) from 0.0% to 1.0%.
* Increase the **UNIV2DAIETH-A** [Stability Fee](https://community-development.makerdao.com/en/learn/governance/param-stability-fee) from 1.5% to 2.0%.
* Increase the **UNIV2WBTCETH-A** [Stability Fee](https://community-development.makerdao.com/en/learn/governance/param-stability-fee) from 2.5% to 3.0%.
* Increase the **UNIV2USDCETH-A** [Stability Fee](https://community-development.makerdao.com/en/learn/governance/param-stability-fee) from 2.0% to 2.5%.
* Increase the **UNIV2UNIETH-A** [Stability Fee](https://community-development.makerdao.com/en/learn/governance/param-stability-fee) from 2.0% to 4.0%.

**Other Changes**
* Decrease the **GUNIV3DAIUSDC1-A** [Stability Fee](https://community-development.makerdao.com/en/learn/governance/param-stability-fee) from 0.5% to 0.1%.
* Increase the **WBTC-A** [Maximum Debt Ceiling](https://makerdao.world/en/learn/governance/module-dciam) (`line`) from 1.5 billion DAI to 2 billion DAI.
* Increase the **WBTC-A** [Target Available Debt](https://makerdao.world/en/learn/governance/module-dciam) (`gap`) from 60 million DAI to 80 million DAI.

Please review the proposal [thread](https://forum.makerdao.com/t/parameter-changes-proposal-ppg-omc-001-2021-11-25/11825) 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:**
* These parameter changes will be included in the weekly Executive Vote on the Friday following the conclusion of this poll.
* If the Friday executive passes, then these changes will become active in the Maker Protocol after the [GSM Pause Delay](https://community-development.makerdao.com/en/learn/governance/param-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](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


Signal your support or opposition to the Stability Fee and DC-IAM parameter changes listed in this poll.

Parameter Changes Proposal - MakerDAO Open Market Committee - November 29, 2021

# Poll: Add CurveLP-stETH-ETH as a new Vault Type - November 29, 2021

The Governance Facilitators have placed a Governance Poll into the [voting system](https://vote.makerdao.com/polling) on behalf of the MakerDAO mandated actors. This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for three days beginning on Monday, November 29 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

This poll allows the MakerDAO governance community to signal their support or opposition to adding CurveLP-stETH-ETH (Curve Lido Staked ETH Liquidity Pool Token) as a new vault type in the Maker Protocol with the parameters below:

### Initial Collateral Parameters

* Underlying Collateral: CurveLP-stETH-ETH
* [Stability Fee](https://community-development.makerdao.com/en/learn/governance/param-stability-fee): 4.5%
* [Liquidation Ratio](https://community-development.makerdao.com/en/learn/governance/param-liquidation-ratio): 155%
* [Maximum Debt Ceiling (`line`)](https://makerdao.world/en/learn/governance/module-dciam): 5 million DAI
* [Target Available Debt (`gap`)](https://makerdao.world/en/learn/governance/module-dciam): 3 million DAI
* [Ceiling Increase Cooldown (`ttl`)](https://makerdao.world/en/learn/governance/module-dciam): 8 hours
* [Debt Floor (`dust`)](https://community-development.makerdao.com/en/learn/governance/param-debt-floor): 10,000 DAI

### Liquidation Parameters

* [Auction Price Function (`calc`)](https://community-development.makerdao.com/en/learn/governance/param-auction-price-function): Stairstep Exponential Decrease
* [Price Change Multiplier (`cut`)](https://community-development.makerdao.com/en/learn/governance/param-auction-price-function): 0.99
* [Price Change Interval (`step`)](https://community-development.makerdao.com/en/learn/governance/param-auction-price-function): 90 seconds
* [Auction Price Multiplier (`buf`)](https://community-development.makerdao.com/en/learn/governance/param-auction-price-multiplier): 1.30
* [Liquidation Penalty (`chop`)](https://community-development.makerdao.com/en/learn/governance/param-liquidation-penalty): 13%

**Limits**

* [Local Liquidation Limit (`ilk.hole`)](https://community-development.makerdao.com/en/learn/governance/param-local-liquidation-limit): 3 million DAI
* [Maximum Auction Drawdown (`cusp`)](https://community-development.makerdao.com/en/learn/governance/param-max-auction-drawdown): 0.4
* [Maximum Auction Duration (`tail`)](https://community-development.makerdao.com/en/learn/governance/param-max-auction-duration): 140 minutes
* [Breaker Price Tolerance (`tolerance`)](https://community-development.makerdao.com/en/learn/governance/param-breaker-price-tolerance): 0.5

**Incentives**

* [Proportional Kick Incentive (`chip`)](https://community-development.makerdao.com/en/learn/governance/param-proportional-kick-incentive):  0.1%
* [Flat Kick Incentive (`tip`)](https://community-development.makerdao.com/en/learn/governance/param-flat-kick-incentive): 300 DAI

Please review the following forum threads containing information about CurveLP-stETH-ETH (Curve Lido Staked ETH Liquidity Pool Token) to inform your position before voting.
* [Proposal Thread](https://forum.makerdao.com/t/curvelp-steth-eth-mip6-collateral-onboarding-application/10229)
* [Risk Core Unit Evaluation](https://forum.makerdao.com/t/curvelp-steth-eth-collateral-onboarding-risk-evaluation/11224)
* [Protocol Engineering Core Unit Evaluation](https://forum.makerdao.com/t/curve-fi-eth-steth-erc20-token-smart-contract-technical-assessment/11855)
* [Oracles Core Unit Evaluation](https://forum.makerdao.com/t/curvelp-steth-eth-collateral-onboarding-oracle-assessment-mip10c3-sp43/11854)

## Outcomes

**If the votes for the 'Yes' option exceed the votes for the 'No' option then the following actions will be taken:**
* CurveLP-stETH-ETH (Curve Lido Staked ETH Liquidity Pool Token) will be onboarded in a future executive vote as the Protocol Engineering Core Unit's schedule allows. 
* 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](https://community-development.makerdao.com/en/learn/governance/param-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](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


This poll proposes system parameters which could be used to initialize CurveLP-stETH-ETH as a new vault type.

Add CurveLP-stETH-ETH as a new Vault Type - November 29, 2021

# Poll: Community Greenlight Poll - MONETALIS (Monetalis Wholesale SME Green Growth Lending) - November 15, 2021

The Governance Facilitators have placed a governance poll into the [voting system](https://vote.makerdao.com/polling) as part of their responsibilities as defined in [MIP9: Community Greenlight](https://mips.makerdao.com/mips/details/MIP9). This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for fourteen days beginning on Monday, November 15 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

This poll asks whether the asset MONETALIS (Monetalis Wholesale SME Green Growth Lending) should be prioritized for inclusion in the Maker Protocol by the [Core Units](https://mips.makerdao.com/mips/details/MIP38#mip38c2-core-unit-state). 

Please review the collateral onboarding application [thread](https://forum.makerdao.com/t/mip6-collateral-onboarding-application-monetalis-wholesale-green-economy-senior-secure-sme-funding/11223) to inform your position before voting.

## Outcomes

**Regardless of the winning option the following actions will be taken at the conclusion of this poll:**
* The 'greenlight score' will be calculated for MONETALIS (Monetalis Wholesale SME Green Growth Lending) using the formula `Score = 'Yes' Votes - 'No' Votes`
* The 'greenlight score' for MONETALIS (Monetalis Wholesale SME Green Growth Lending) will be added to the [Collateral Prioritisation Sheet](https://docs.google.com/spreadsheets/d/1IX9e2fyfz7djtDMKn5gMyGsyFxHoY75GncMbAjnSXrM/edit#gid=0) by the Governance Facilitators.
* The [Core Units](https://mips.makerdao.com/mips/details/MIP38#mip38c2-core-unit-state) will use the Collateral Prioritisation Sheet to direct their work on onboarding new collateral types.

---

## Resources

[MIP9: Community Greenlight](https://mips.makerdao.com/mips/details/MIP9) describes this type of poll and goes into more detail about how it interacts with the rest of the collateral onboarding process.

If you are new to voting in the Maker Protocol, please see the [voting guide](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


Signal your support or opposition to prioritising onboarding MONETALIS (Monetalis Wholesale SME Green Growth Lending).

Community Greenlight Poll - MONETALIS (Monetalis Wholesale SME Green Growth Lending) - November 15, 2021

# Poll: Community Greenlight Poll - SB-frOGI (SolidBlock Red Frog Digital Coin) - November 15, 2021

The Governance Facilitators have placed a governance poll into the [voting system](https://vote.makerdao.com/polling) as part of their responsibilities as defined in [MIP9: Community Greenlight](https://mips.makerdao.com/mips/details/MIP9). This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for fourteen days beginning on Monday, November 15 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

This poll asks whether the asset SB-frOGI (SolidBlock Red Frog Digital Coin) should be prioritized for inclusion in the Maker Protocol by the [Core Units](https://mips.makerdao.com/mips/details/MIP38#mip38c2-core-unit-state). 

Please review the collateral onboarding application [thread](https://forum.makerdao.com/t/sb-frogi-coin-mip6-application-membership-interests-in-red-frog-digital-series-of-solidblock-holdings-llc-in-the-form-of-red-frog-digital-coin-frogi-coin-a-solidblock-offering/11258) to inform your position before voting.

## Outcomes

**Regardless of the winning option the following actions will be taken at the conclusion of this poll:**
* The 'greenlight score' will be calculated for SB-frOGI (SolidBlock Red Frog Digital Coin) using the formula `Score = 'Yes' Votes - 'No' Votes`
* The 'greenlight score' for SB-frOGI (SolidBlock Red Frog Digital Coin) will be added to the [Collateral Prioritisation Sheet](https://docs.google.com/spreadsheets/d/1IX9e2fyfz7djtDMKn5gMyGsyFxHoY75GncMbAjnSXrM/edit#gid=0) by the Governance Facilitators.
* The [Core Units](https://mips.makerdao.com/mips/details/MIP38#mip38c2-core-unit-state) will use the Collateral Prioritisation Sheet to direct their work on onboarding new collateral types.

---

## Resources

[MIP9: Community Greenlight](https://mips.makerdao.com/mips/details/MIP9) describes this type of poll and goes into more detail about how it interacts with the rest of the collateral onboarding process.

If you are new to voting in the Maker Protocol, please see the [voting guide](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


Signal your support or opposition to prioritising onboarding SB-frOGI (SolidBlock Red Frog Digital Coin).

Community Greenlight Poll - SB-frOGI (SolidBlock Red Frog Digital Coin) - November 15, 2021

# Poll: Add WBTC-C as a new Vault Type - November 22, 2021

The Governance Facilitators have placed a Governance Poll into the [voting system](https://vote.makerdao.com/polling) on behalf of the MakerDAO mandated actors. This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for three days beginning on Monday, November 22 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

This poll allows the MakerDAO governance community to signal their support or opposition to adding WBTC-C as a new vault type in the Maker Protocol with the parameters below:

### Collateral Parameters

* Underlying Collateral: Wrapped Bitcoin (WBTC)
* [Stability Fee](https://community-development.makerdao.com/en/learn/governance/param-stability-fee): 1.5%
* [Liquidation Ratio](https://community-development.makerdao.com/en/learn/governance/param-liquidation-ratio): 175%
* [Debt Ceiling (`line`)](https://community-development.makerdao.com/en/learn/governance/param-debt-ceiling): 1 billion DAI
* [Target Available Debt (`gap`)](https://makerdao.world/en/learn/governance/module-dciam): 100 million
* [Ceiling Increase Cooldown (`ttl`)](https://makerdao.world/en/learn/governance/module-dciam): 8 hours
* [Debt Floor (`dust`)](https://community-development.makerdao.com/en/learn/governance/param-debt-floor): 7,500 DAI

### Liquidation Parameters

* [Auction Price Function (`calc`)](https://community-development.makerdao.com/en/learn/governance/param-auction-price-function): Stairstep Exponential
* [Price Change Multiplier (`cut`)](https://community-development.makerdao.com/en/learn/governance/param-auction-price-function): 0.99
* [Price Change Interval (`step`)](https://community-development.makerdao.com/en/learn/governance/param-auction-price-function): 90 seconds
* [Auction Price Multiplier (`buf`)](https://community-development.makerdao.com/en/learn/governance/param-auction-price-multiplier): 1.2
* [Liquidation Penalty (`chop`)](https://community-development.makerdao.com/en/learn/governance/param-liquidation-penalty): 13%

**Limits**

* [Local Liquidation Limit (`ilk.hole`)](https://community-development.makerdao.com/en/learn/governance/param-local-liquidation-limit): 25 million DAI
* [Maximum Auction Drawdown (`cusp`)](https://community-development.makerdao.com/en/learn/governance/param-max-auction-drawdown): 0.4
* [Maximum Auction Duration (`tail`)](https://community-development.makerdao.com/en/learn/governance/param-max-auction-duration): 90 minutes
* [Breaker Price Tolerance (`tolerance`)](https://community-development.makerdao.com/en/learn/governance/param-breaker-price-tolerance): 0.5

**Incentives**

* [Proportional Kick Incentive (`chip`)](https://community-development.makerdao.com/en/learn/governance/param-proportional-kick-incentive): 0.1%
* [Flat Kick Incentive (`tip`)](https://community-development.makerdao.com/en/learn/governance/param-flat-kick-incentive): 300 DAI

Please review the following forum threads containing information about WBTC-C to inform your position before voting.
* [Proposal Thread](https://forum.makerdao.com/t/signal-request-new-vault-type-for-wbtc-with-a-higher-lr/11579)
* [Risk Core Unit Evaluation](https://forum.makerdao.com/t/proposed-risk-parameters-for-wbtc-c-vault-type/11707)


## Outcomes

**If the votes for the 'Yes' option exceed the votes for the 'No' option then the following actions will be taken:**
* WBTC-C will be onboarded in a future executive vote as the Protocol Engineering Core Unit's schedule allows. 
* 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](https://community-development.makerdao.com/en/learn/governance/param-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](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


This poll proposes system parameters which could be used to initialize WBTC-C as a new vault type.

Add WBTC-C as a new Vault Type - November 22, 2021

# Poll: Increase the System Surplus Buffer - November 22, 2021

The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the Maker Community. This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for three days beginning on Monday, November 22 at 16:00 UTC.

**This is an instant-runoff vote.** 
- **You may rank any number of options that you would support in an executive vote.** 
- **Unranked options signal that you would not support the option(s) in an executive vote.**
- **If you have no preference to any of the listed options, you should vote 'Abstain' as your first and only choice.**

## Review

MKR Token Holders may vote in this poll to rank their support for the following changes to the [System Surplus Buffer](https://community-development.makerdao.com/en/learn/governance/param-system-surplus-buffer) (also referred to as the 'System Surplus'): 
* **Option 1:** Increase the System Surplus Buffer from 60 million DAI to 90 million DAI, with a gradual increase of 0.67 million DAI per week.
* **Option 2:** Increase the System Surplus Buffer from 60 million DAI to 130 million DAI, with a gradual increase of 0.67 million DAI per week.
* **Option 3:** Increase the System Surplus Buffer from 60 million DAI to 90 million DAI, with a gradual increase of 1 million DAI per week.
* **Option 4:** Increase the System Surplus Buffer from 60 million DAI to 130 million DAI, with a gradual increase of 1 million DAI per week.
* **Option 5:** No change to the System Surplus Buffer.

Please review the discussion [thread](https://forum.makerdao.com/t/signal-request-increasing-the-surplus-buffer-2021-11/11448) to help inform your position before voting.

More information on this parameter can be found [here](https://docs.makerdao.com/auctions/the-auctions-of-the-maker-protocol#surplus-auction).

## Outcomes

**If a non-'Abstain' option receives more votes than each other option (excluding 'Abstain') and the votes for that option exceed 50% of the total votes cast then that option is deemed the winner and the following actions will be taken:**
* If the winner represents a change from the status quo, then change 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](https://community-development.makerdao.com/en/learn/governance/param-gsm-pause-delay) has expired.

**If no option has enough votes to exceed 50% of the total votes cast, then no further actions will be taken at this time.**

---

## Resources

If you are new to voting in the Maker Protocol, please see the [voting guide](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


Rank your preferred options for adjustments to the System Surplus Buffer.

Increase the System Surplus Buffer - November 22, 2021

# Poll: Add a GUSD Peg Stability Module - November 22, 2021

The Governance Facilitators have placed a Governance Poll into the [voting system](https://vote.makerdao.com/polling) on behalf of the MakerDAO mandated actors. This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for three days beginning on Monday, November 22 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 onboarding and deployment of a new GUSD Peg Stability Module with the parameters given below.

**Proposed GUSD PSM Parameters**

* [Fee In](https://makerdao.world/en/learn/governance/module-psm) (`tin`): 0%
* [Fee Out](https://makerdao.world/en/learn/governance/module-psm) (`tout`): 0%
* [Maximum Debt Ceiling](https://makerdao.world/en/learn/governance/module-dciam) (`line`): 100 million DAI
* [Target Available Debt](https://makerdao.world/en/learn/governance/module-dciam) (`gap`): 10 million DAI
* [Ceiling Increase Cooldown](https://makerdao.world/en/learn/governance/module-dciam) (`ttl`): 24 hours

Please review the following threads to help inform your position before voting:
- [Proposal](https://forum.makerdao.com/t/proposal-gusd-psm/11148)
- [Risk Evaluation](https://forum.makerdao.com/t/psm-gusd-a-collateral-onboarding-risk-evaluation/11559)
- [Technical Evaluation](https://forum.makerdao.com/t/gusd-erc20-token-smart-contract-technical-assessment/4603)
- [Oracle Evaluation](https://forum.makerdao.com/t/mip10c3-sp13-proposal-gusd-oracle-collateral-onboarding-oracle-assessment/4777)

## Outcomes

**If the votes for the 'Yes' option exceed the votes for the 'No' option then the following actions will be taken:**
* The GUSD PSM will be onboarded in a future executive vote as the Protocol Engineering Core Unit's schedule allows. 
* 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](https://community-development.makerdao.com/en/learn/governance/param-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](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).

Signal your support or opposition to onboarding a GUSD Peg Stability Module.

Add a GUSD Peg Stability Module - November 22, 2021

# Poll: Increase the Aave D3M Maximum Debt Ceiling - November 22, 2021

The Governance Facilitators have placed a Governance Poll into the [voting system](https://vote.makerdao.com/polling) on behalf of the Risk Core Unit and the Protocol Engineering Core Unit. This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for three days beginning on Monday, November 22 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 making the following parameter change to the Aave DAI Direct Deposit Module (D3M):
* Increase the DIRECT-AAVEV2-DAI [Maximum Debt Ceiling](https://makerdao.world/en/learn/governance/module-dciam) from 50 million DAI to 100 million DAI.

Please review the discussion [thread](https://forum.makerdao.com/t/proposal-to-increase-the-d3m-dc-from-50m-to-100m/11737) to help inform your position before voting.

For more information regarding the DAI Direct Deposit Module (D3M), check out the forum thread [here](https://forum.makerdao.com/t/discussion-direct-deposit-dai-module-d3m/7357).

## 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 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](https://community-development.makerdao.com/en/learn/governance/param-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](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


Signal your support or opposition to adjusting the Aave DAI Direct Deposit Module (D3M) Maximum Debt Ceiling.

Increase the Aave D3M Maximum Debt Ceiling - November 22, 2021

# Ratification Poll for Supplement to Collateral Onboarding Application (MIP6c3-SP1) - November 8, 2021

The Governance Facilitators have placed a ratification poll into the [voting system](https://vote.makerdao.com/polling) as part of the responsibilities defined in [MIP51](https://mips.makerdao.com/mips/details/MIP51). This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for fourteen 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 may vote in this poll to express support or opposition to MIP6c3-SP1 being accepted and implemented in the Maker Protocol.

A brief summary of this proposal has been provided by the MIP Author and is shown below:

*This proposal to supplement the MIP6 application for RWA only is intended to enhance the onboarding applications and facilitate the onboarding process. A MIP6 application supplement for RWA will facilitate the process as applicants will be required to provide RWA specific information at a higher level of detail than at present.*

Please review the links below to inform your position on this proposal before voting.
* [Canonical Proposal Version](https://github.com/makerdao/mips/blob/1e68595057de5e9d2154a3320ff121ea7ad1f94a/MIP6/MIP6c3-Subproposals/MIP6c3-SP1.md)
* [Latest Proposal Version](https://mips.makerdao.com/mips/details/MIP6c3SP1)
* [Proposal Discussion Thread](https://forum.makerdao.com/t/mip6c3-sp1-rwa-only-supplement-to-collateral-onboarding-application/10433)

## Outcomes

This poll implements a **Minimum Positive Participation** value. The Minimum Positive Participation is currently set to **10,000 MKR**.

**If the votes for the 'Yes' option exceed the votes for the 'No' option AND the votes for the 'Yes' option exceed 10,000 MKR, then the following actions will be taken:**
* The MIP Editors will mark the proposal **Accepted** and the Governance Facilitators will confirm its passage on the Governance and Risk call on Thursday, November 25.
* Any further work required to implement the proposal will be tasked to the relevant [Core Units](https://mips.makerdao.com/mips/details/MIP38#mip38c2-core-unit-state).

**Otherwise, this proposal will be marked as rejected per [MIP51](https://mips.makerdao.com/mips/details/MIP51#mip51c2-ratification-poll).**

---

## Resources

[MIP51: Monthly Governance Cycle](https://mips.makerdao.com/mips/details/MIP51) describes this type of poll and its position and significance within the rest of the governance cycle.

If you are new to voting in the Maker Protocol, please see the [voting guide](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


This proposal aims to enhace the onboarding applications and facilitate the onboarding process for RWA collaterals.

Ratification Poll for Supplement to Collateral Onboarding Application (MIP6c3-SP1) - November 8, 2021

# Ratification Poll for Modify Core Unit Budget, RWF-001 (MIP40c3-SP39) - November 8, 2021

The Governance Facilitators have placed a ratification poll into the [voting system](https://vote.makerdao.com/polling) as part of the responsibilities defined in [MIP51](https://mips.makerdao.com/mips/details/MIP51). This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for fourteen 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 may vote in this poll to express support or opposition to MIP40c3-SP39 being accepted and implemented in the Maker Protocol.

A brief summary of this proposal has been provided by the MIP Author and is shown below:

*With [MIP40c3-SP12](https://mips.makerdao.com/mips/details/MIP40c3SP12) the Real-World Finance team was able to expand the team, sustain legal costs related to RWA, onboard more RWA and develop FP&A. This new budget extends the previous one in 2022.*

Please review the links below to inform your position on this proposal before voting.
* [Canonical Proposal Version](https://github.com/makerdao/mips/blob/1e68595057de5e9d2154a3320ff121ea7ad1f94a/MIP40/MIP40c3-Subproposals/MIP40c3-SP39.md)
* [Latest Proposal Version](https://mips.makerdao.com/mips/details/MIP40c3SP39)
* [Proposal Discussion Thread](https://forum.makerdao.com/t/mip40c3-sp39-modify-core-unit-budget-rwf-001/10543)

## Outcomes

This poll implements a **Minimum Positive Participation** value. The Minimum Positive Participation is currently set to **10,000 MKR**.

**If the votes for the 'Yes' option exceed the votes for the 'No' option AND the votes for the 'Yes' option exceed 10,000 MKR, then the following actions will be taken:**
* The MIP Editors will mark the proposal **Accepted** and the Governance Facilitators will confirm its passage on the Governance and Risk call on Thursday, November 25. 
* Any further work required to implement the proposal will be tasked to the relevant [Core Units](https://mips.makerdao.com/mips/details/MIP38#mip38c2-core-unit-state).

**Otherwise, this proposal will be marked as rejected per [MIP51](https://mips.makerdao.com/mips/details/MIP51#mip51c2-ratification-poll).**

---

## Resources

[MIP51: Monthly Governance Cycle](https://mips.makerdao.com/mips/details/MIP51) describes this type of poll and its position and significance within the rest of the governance cycle.

If you are new to voting in the Maker Protocol, please see the [voting guide](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


MIP40c3-SP39 extends the budget for the Real-World Finance Core Unit defined in MIP40c3-SP12 in 2022.

Ratification Poll for Modify Core Unit Budget, RWF-001 (MIP40c3-SP39) - November 8, 2021

# Ratification Poll for Modify Core Unit Budget, COM-001 (MIP40c3-SP40) - November 8, 2021

The Governance Facilitators have placed a ratification poll into the [voting system](https://vote.makerdao.com/polling) as part of the responsibilities defined in [MIP51](https://mips.makerdao.com/mips/details/MIP51). This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for fourteen 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 may vote in this poll to express support or opposition to MIP40c3-SP40 being accepted and implemented in the Maker Protocol.

A brief summary of this proposal has been provided by the MIP Author and is shown below:

*This budget modification adjusts the team’s budget figures, extends our funding through to the end of 06/22, and updates the budget implementation to accurately reflect the current setup. The annual budget figure has changed from $486,000 to $515,000.*

Please review the links below to inform your position on this proposal before voting.
* [Canonical Proposal Version](https://github.com/makerdao/mips/blob/1e68595057de5e9d2154a3320ff121ea7ad1f94a/MIP40/MIP40c3-Subproposals/MIP40c3-SP40.md)
* [Latest Proposal Version](https://mips.makerdao.com/mips/details/MIP40c3SP40)
* [Proposal Discussion Thread](https://forum.makerdao.com/t/mip40c3-sp40-modify-core-unit-budget-com-001/10756)

## Outcomes

This poll implements a **Minimum Positive Participation** value. The Minimum Positive Participation is currently set to **10,000 MKR**.

**If the votes for the 'Yes' option exceed the votes for the 'No' option AND the votes for the 'Yes' option exceed 10,000 MKR, then the following actions will be taken:**
* The MIP Editors will mark the proposal **Accepted** and the Governance Facilitators will confirm its passage on the Governance and Risk call on Thursday, November 25.
* Any further work required to implement the proposal will be tasked to the relevant [Core Units](https://mips.makerdao.com/mips/details/MIP38#mip38c2-core-unit-state).

**Otherwise, this proposal will be marked as rejected per [MIP51](https://mips.makerdao.com/mips/details/MIP51#mip51c2-ratification-poll).**

---

## Resources

[MIP51: Monthly Governance Cycle](https://mips.makerdao.com/mips/details/MIP51) describes this type of poll and its position and significance within the rest of the governance cycle.

If you are new to voting in the Maker Protocol, please see the [voting guide](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


MIP40c3-SP40 modifies the budget for Core Unit COM-001 and extends it through June 2022

Ratification Poll for Modify Core Unit Budget, COM-001 (MIP40c3-SP40) - November 8, 2021

# Ratification Poll for Adding Sidestream Auction Services Core Unit, SAS-001 - November 8, 2021

The Governance Facilitators have placed a ratification poll into the [voting system](https://vote.makerdao.com/polling) as part of the responsibilities defined in [MIP51](https://mips.makerdao.com/mips/details/MIP51). This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for fourteen 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 may vote in this poll to express support or opposition to Adding Sidestream Auction Services Core Unit, SAS-001 being accepted and implemented in the Maker Protocol.

### MIP39c2-SP25

A brief summary of this proposal has been provided by the MIP Author and is shown below:

*The SAS-001 Core Unit aims to improve security, transparency and accessibility of the Maker Protocol by providing and maintaining auction services through open-source development.*

Please review the links below to inform your position on this proposal before voting.
* [Canonical Proposal Version](https://github.com/makerdao/mips/blob/1bde6b8c017ff216805f8a6aa542161d08259207/MIP39/MIP39c2-Subproposals/MIP39c2-SP25.md)
* [Latest Proposal Version](https://mips.makerdao.com/mips/details/MIP39c2SP25)
* [Proposal Discussion Thread](https://forum.makerdao.com/t/mip39c2-sp25-adding-sidestream-auction-services-core-unit-sas-001/10796)

### MIP40c3-SP43

A brief summary of this proposal has been provided by the MIP Author and is shown below:

*The SAS CU budget is designed with the following in mind:*
 - *Paying for the operational costs to run the core unit*
 - *Having a buffer for unexpected legal, technical, or financial expenses*

Please review the links below to inform your position on this proposal before voting.
* [Canonical Proposal Version](https://github.com/makerdao/mips/blob/1e68595057de5e9d2154a3320ff121ea7ad1f94a/MIP40/MIP40c3-Subproposals/MIP40c3-SP43.md)
* [Latest Proposal Version](https://mips.makerdao.com/mips/details/MIP40c3SP43)
* [Proposal Discussion Thread](https://forum.makerdao.com/t/mip40c3-sp43-adding-sidestream-auction-services-core-unit-budget-sas-001/10799)


### MIP40c3-SP44

A brief summary of this proposal has been provided by the MIP Author and is shown below:

*MIP40c3-SP44 adds the MKR Incentive Plan budget for SAS-001: Sidestream Auction Services Core Unit. It contains:*
 - *Total MKR Expenditure Cap*
 - *Estimated MKR Expenditure (based on the current team)*
 - *Escrow Wallet mechanism*

Please review the links below to inform your position on this proposal before voting.
* [Canonical Proposal Version](https://github.com/makerdao/mips/blob/1e68595057de5e9d2154a3320ff121ea7ad1f94a/MIP40/MIP40c3-Subproposals/MIP40c3-SP44.md)
* [Latest Proposal Version](https://mips.makerdao.com/mips/details/MIP40c3SP44)
* [Proposal Discussion Thread](https://forum.makerdao.com/t/mip40c3-sp44-adding-sidestream-auction-services-core-unit-mkr-budget-sas-001/10802)

### MIP41c4-SP26

A brief summary of this proposal has been provided by the MIP Author and is shown below:

*MIP41c4-SP26 onboards Daniel Kremerov(@danik) as Facilitator for the Sidestream Auction Services Core Unit.*

Please review the links below to inform your position on this proposal before voting.
* [Canonical Proposal Version](https://github.com/makerdao/mips/blob/1e68595057de5e9d2154a3320ff121ea7ad1f94a/MIP41/MIP41c4-Subproposals/MIP41c4-SP26.md)
* [Latest Proposal Version](https://mips.makerdao.com/mips/details/MIP41c4SP26)
* [Proposal Discussion Thread](https://forum.makerdao.com/t/mip41c4-sp26-sidestream-auction-services-facilitator-onboarding-sas-001/10797)

## Outcomes

This poll implements a **Minimum Positive Participation** value. The Minimum Positive Participation is currently set to **10,000 MKR**.

**If the votes for the 'Yes' option exceed the votes for the 'No' option AND the votes for the 'Yes' option exceed 10,000 MKR, then the following actions will be taken:**
* The MIP Editors will mark these proposals **Accepted** and the Governance Facilitators will confirm their passage on the Governance and Risk call on Thursday, November 25.
* Any further work required to implement these proposals will be tasked to the relevant [Core Units](https://mips.makerdao.com/mips/details/MIP38#mip38c2-core-unit-state).

**Otherwise, this proposal will be marked as rejected per [MIP51](https://mips.makerdao.com/mips/details/MIP51#mip51c2-ratification-poll).**

---

## Resources

[MIP51: Monthly Governance Cycle](https://mips.makerdao.com/mips/details/MIP51) describes this type of poll and its position and significance within the rest of the governance cycle.

If you are new to voting in the Maker Protocol, please see the [voting guide](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


This MIP Set adds the Sidestream Auction Services Core Unit (SAS-001).

Ratification Poll for Adding Sidestream Auction Services Core Unit, SAS-001 - November 8, 2021

# Ratification Poll for the Immunefi Security Core Unit (IS-001) - November 8, 2021

The Governance Facilitators have placed a ratification poll into the [voting system](https://vote.makerdao.com/polling) as part of the responsibilities defined in [MIP51](https://mips.makerdao.com/mips/details/MIP51). This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for fourteen 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 may vote in this poll to express support or opposition to Adding Immunefi Security Core Unit - IS-001 being accepted and implemented in the Maker Protocol.

### MIP39c2-SP24

A brief summary of this proposal has been provided by the MIP Author and is shown below:

*The overall goal of the Immunefi Security CU is to secure the Maker ecosystem through multiple angles by leveraging its existing and growing security community and expertise. This involves dedicated services to the Maker ecosystem, effectively establishing a security partnership with the DAO. The CU will also aim to complement and collaborate with existing and future CUs instead of competing with them, leveraging existing processes, infrastructure, and information, among others, in order to deliver greater value to the Maker ecosystem.*

*As a pioneer in the DeFi space with billions in funds in the protocol, the Maker ecosystem is an attractive target for blackhat hackers who look to steal funds or disrupt the protocol. With millions lost regularly in the cryptocurrency space, it is likely that the Maker protocol, its key people, and its key infrastructure, are targeted on a regular basis.*

Please review the links below to inform your position on this proposal before voting.
* [Canonical Proposal Version](https://github.com/makerdao/mips/blob/1e68595057de5e9d2154a3320ff121ea7ad1f94a/MIP39/MIP39c2-Subproposals/MIP39c2-SP24.md)
* [Latest Proposal Version](https://mips.makerdao.com/mips/details/MIP39c2SP24)
* [Proposal Discussion Thread](https://forum.makerdao.com/t/mip39c2-sp24-adding-immunefi-security-core-unit-is-001/10810)

### MIP40c3-SP42

A brief summary of this proposal has been provided by the MIP Author and is shown below:

*MIP40c3-SP42 adds the budget for Core Unit IS-001: Immunefi Security. It contains:*

* *Total Budget Cap: The hard limit voted on by Governance*
* *First-month forecast: The actual first month estimated expenses*
* *Regular monthly forecast*

Please review the links below to inform your position on this proposal before voting.
* [Canonical Proposal Version](https://github.com/makerdao/mips/blob/9fd627c3fdfe4f2b8276a2efaefab59bb25239b5/MIP40/MIP40c3-Subproposals/MIP40c3-SP42.md)
* [Latest Proposal Version](https://mips.makerdao.com/mips/details/MIP40c3SP42)
* [Proposal Discussion Thread](https://forum.makerdao.com/t/mip40c3-sp42-adding-immunefi-security-core-unit-budget-is-001/10813)

### MIP40c3-SP41

A brief summary of this proposal has been provided by the MIP Author and is shown below:

*MIP40c3-SP41 adds the MKR Incentive Plan budget for Core Unit IS-001: Immunefi Security. It contains:*

* *Total MKR Expenditure Cap*
* *Estimated MKR Expenditure (based on the current team)*
* *Escrow Wallet mechanism*

*The IS Core Unit follows the Sustainable Ecosystem Scaling Core Unit (SES-001) proposal for MKR Vesting.*

*MKR incentives have been determined based on the Program discussed here. This is a 3-year vesting plan with 1-year cliff vest.*

*The IS core unit has been working under the incubation program of the SES since October 2021. The members of this core unit will take that as the start date for the vesting schedule.*

Please review the links below to inform your position on this proposal before voting.
* [Canonical Proposal Version](https://github.com/makerdao/mips/blob/1e68595057de5e9d2154a3320ff121ea7ad1f94a/MIP40/MIP40c3-Subproposals/MIP40c3-SP41.md)
* [Latest Proposal Version](https://mips.makerdao.com/mips/details/MIP40c3SP41)
* [Proposal Discussion Thread](https://forum.makerdao.com/t/mip40c3-sp41-immunefi-security-core-unit-mkr-budget-is-001/10814)

### MIP41c4-SP25

A brief summary of this proposal has been provided by the MIP Author and is shown below:

*MIP41c4-SP25 adds @travinimmunefi as the Facilitator for Core Unit IS-001: Immunefi Security.*

Please review the links below to inform your position on this proposal before voting.
* [Canonical Proposal Version](https://github.com/makerdao/mips/blob/1e68595057de5e9d2154a3320ff121ea7ad1f94a/MIP41/MIP41c4-Subproposals/MIP41c4-SP25.md)
* [Latest Proposal Version](https://mips.makerdao.com/mips/details/MIP41c4SP25)
* [Proposal Discussion Thread](https://forum.makerdao.com/t/mip41c4-sp25-immunefi-security-core-unit-facilitator-onboarding-is-001/10812)

## Outcomes

This poll implements a **Minimum Positive Participation** value. The Minimum Positive Participation is currently set to **10,000 MKR**.

**If the votes for the 'Yes' option exceed the votes for the 'No' option AND the votes for the 'Yes' option exceed 10,000 MKR, then the following actions will be taken:**
* The MIP Editors will mark these proposals **Accepted** and the Governance Facilitators will confirm their passage on the Governance and Risk call on Thursday, November 25. 
* Any further work required to implement these proposals will be tasked to the relevant [Core Units](https://mips.makerdao.com/mips/details/MIP38#mip38c2-core-unit-state).

**Otherwise, this proposal will be marked as rejected per [MIP51](https://mips.makerdao.com/mips/details/MIP51#mip51c2-ratification-poll).**

---

## Resources

[MIP51: Monthly Governance Cycle](https://mips.makerdao.com/mips/details/MIP51) describes this type of poll and its position and significance within the rest of the governance cycle.

If you are new to voting in the Maker Protocol, please see the [voting guide](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


This MIP Set onboards the Immunefi Security Core Unit (IS-001)

Ratification Poll for the Immunefi Security Core Unit (IS-001) - November 8, 2021

# Ratification Poll for Real-World Finance Core Unit MKR Compensation, RWF-001 (MIP40c3-SP38) - November 8, 2021

The Governance Facilitators have placed a ratification poll into the [voting system](https://vote.makerdao.com/polling) as part of the responsibilities defined in [MIP51](https://mips.makerdao.com/mips/details/MIP51). This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for fourteen 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 may vote in this poll to express support or opposition to MIP40c3-SP38 being accepted and implemented in the Maker Protocol.

A brief summary of this proposal has been provided by the MIP Author and is shown below:

*This proposal contains the MKR Compensation budget for the Core Unit RWF-001: Real-World Finance. This proposal is based on [Alternative MKR Compensation Guidelines](https://forum.makerdao.com/t/mip56-alternative-mkr-compensation-guidelines/9230) by @Aes. It provides an average of 80 MKR per FTE per year over 3 years with a 1 year cliff.*

Please review the links below to inform your position on this proposal before voting.
* [Canonical Proposal Version](https://github.com/makerdao/mips/blob/1e68595057de5e9d2154a3320ff121ea7ad1f94a/MIP40/MIP40c3-Subproposals/MIP40c3-SP38.md)
* [Latest Proposal Version](https://mips.makerdao.com/mips/details/MIP40c3SP38)
* [Proposal Discussion Thread](https://forum.makerdao.com/t/mip40c3-sp38-real-world-finance-core-unit-mkr-compensation-rwf-001/10447)

## Outcomes

This poll implements a **Minimum Positive Participation** value. The Minimum Positive Participation is currently set to **10,000 MKR**.

**If the votes for the 'Yes' option exceed the votes for the 'No' option AND the votes for the 'Yes' option exceed 10,000 MKR, then the following actions will be taken:**
* The MIP Editors will mark the proposal **Accepted** and the Governance Facilitators will confirm its passage on the Governance and Risk call on Thursday, November 25. 
* Any further work required to implement the proposal will be tasked to the relevant [Core Units](https://mips.makerdao.com/mips/details/MIP38#mip38c2-core-unit-state).

**Otherwise, this proposal will be marked as rejected per [MIP51](https://mips.makerdao.com/mips/details/MIP51#mip51c2-ratification-poll).**

---

## Resources

[MIP51: Monthly Governance Cycle](https://mips.makerdao.com/mips/details/MIP51) describes this type of poll and its position and significance within the rest of the governance cycle.

If you are new to voting in the Maker Protocol, please see the [voting guide](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


MIP40c3-SP38 adds the MKR Compensation budget for Core Unit RWF-001, Real World Finance.

Ratification Poll for Real-World Finance Core Unit MKR Compensation, RWF-001 (MIP40c3-SP38) - November 8, 2021

# Ratification Poll for Modify Core Unit Budget, MKT-001 (MIP40c3-SP33) - November 8, 2021

The Governance Facilitators have placed a ratification poll into the [voting system](https://vote.makerdao.com/polling) as part of the responsibilities defined in [MIP51](https://mips.makerdao.com/mips/details/MIP51). This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for fourteen 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 may vote in this poll to express support or opposition to MIP40c3-SP33 being accepted and implemented in the Maker Protocol.

A brief summary of this proposal has been provided by the MIP Author and is shown below:

*MIP40c3-SP33 adds the budget for Core Unit MKT-001: Content Production for December 2021 through May 2022. We are requesting a 6-month budget allocation of 424,944 DAI.*

Please review the links below to inform your position on this proposal before voting.
* [Canonical Proposal Version](https://github.com/makerdao/mips/blob/06a913382e723d202afb586be6fb09f3a9915085/MIP40/MIP40c3-Subproposals/MIP40c3-SP33.md)
* [Latest Proposal Version](https://mips.makerdao.com/mips/details/MIP40c3SP33)
* [Proposal Discussion Thread](https://forum.makerdao.com/t/mip40c3-sp33-modify-core-unit-budget-mkt-001/10150)

## Outcomes

This poll implements a **Minimum Positive Participation** value. The Minimum Positive Participation is currently set to **10,000 MKR**.

**If the votes for the 'Yes' option exceed the votes for the 'No' option AND the votes for the 'Yes' option exceed 10,000 MKR, then the following actions will be taken:**
* The MIP Editors will mark the proposal **Accepted** and the Governance Facilitators will confirm its passage on the Governance and Risk call on Thursday, November 25.
* Any further work required to implement the proposal will be tasked to the relevant [Core Units](https://mips.makerdao.com/mips/details/MIP38#mip38c2-core-unit-state).

**Otherwise, this proposal will be marked as rejected per [MIP51](https://mips.makerdao.com/mips/details/MIP51#mip51c2-ratification-poll).**

---

## Resources

[MIP51: Monthly Governance Cycle](https://mips.makerdao.com/mips/details/MIP51) describes this type of poll and its position and significance within the rest of the governance cycle.

If you are new to voting in the Maker Protocol, please see the [voting guide](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


MIP40c3-SP33 adds the budget for Core Unit MKT-001, Content Production for December 2021 through May 2022.

Ratification Poll for Modify Core Unit Budget, MKT-001 (MIP40c3-SP33) - November 8, 2021

# Ratification Poll for Adding the Deco Fixed Rate Core Unit (DECO-001) - November 8, 2021

The Governance Facilitators have placed a ratification poll into the [voting system](https://vote.makerdao.com/polling) as part of the responsibilities defined in [MIP51](https://mips.makerdao.com/mips/details/MIP51). This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for fourteen 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 may vote in this poll to express support or opposition to Adding the Deco Fixed Rate Core Unit (DECO-001) being accepted and implemented in the Maker Protocol.

### MIP39c2-SP23

A brief summary of this proposal has been provided by the MIP Author and is shown below:

*MIP39c2-SP23 establishes a Deco Fixed Rate Core Unit for the integration and maintenance of the Deco protocol facilitating Fixed Rate Vaults. The Deco Protocol operates to decouple Yield-Bearing Assets into Fixed Rate and Pure Yield instruments thus providing a hedge against rate volatility for all yield bearing assets.*

Please review the links below to inform your position on this proposal before voting.
* [Canonical Proposal Version](https://github.com/makerdao/mips/blob/1e68595057de5e9d2154a3320ff121ea7ad1f94a/MIP39/MIP39c2-Subproposals/MIP39c2-SP23.md)
* [Latest Proposal Version](https://mips.makerdao.com/mips/details/MIP39c2SP23)
* [Proposal Discussion Thread](https://forum.makerdao.com/t/mip39c2-sp23-adding-the-deco-fixed-rate-core-unit/10224)

### MIP40c3-SP35

A brief summary of this proposal has been provided by the MIP Author and is shown below:

*The Deco Fixed Rate Core Unit is requesting a Budget for the fixed period of December 1, 2021, through December 1, 2024, (36 Months), with a fixed budget floor of 1,862,500 Dai annually, paid monthly secured in advance quarterly. Deco is not requesting, nor has it included any upfront reimbursement of costs for past work. Instead, Deco has proposed a revenue share model: Maker will pay to Deco 15% of the revenue from the Fixed-Rate CLAIM_FEE token sales only AFTER it has reimbursed the Deco Core Unit and DecoM operating expenses, advanced by Maker, and any MKR distributions which are to be valued in Dai as of the date of acceptance and and approval by Executive Vote Pass and to be utilized through December 1, 2024.*

Please review the links below to inform your position on this proposal before voting.
* [Canonical Proposal Version](https://github.com/makerdao/mips/blob/a51a3528805d3644bbe32be4838008d40ac54524/MIP40/MIP40c3-Subproposals/MIP40c3-SP35.md)
* [Latest Proposal Version](https://mips.makerdao.com/mips/details/MIP40c3SP35)
* [Proposal Discussion Thread](https://forum.makerdao.com/t/mip40c3-sp35-deco-fixed-rate-core-unit-budget/10225)

### MIP40c3-SP36

A brief summary of this proposal has been provided by the MIP Author and is shown below:

*MIP40c3-SP36 adds a MKR budget for the Core Unit DECO-001: Deco Fixed Rate Core Unit on a fixed MKR budget of 500 MKR annually, utilizing a 12-month cliff and vesting quarterly, for the fixed period of December 1, 2021, through December 1, 2024, (36 Months).*

Please review the links below to inform your position on this proposal before voting.
* [Canonical Proposal Version](https://github.com/makerdao/mips/blob/86374640fba68cc742e70bf40fd2fc90e8365267/MIP40/MIP40c3-Subproposals/MIP40c3-SP36.md)
* [Latest Proposal Version](https://mips.makerdao.com/mips/details/MIP40c3SP36)
* [Proposal Discussion Thread](https://forum.makerdao.com/t/mip40c3-sp36-deco-fixed-rate-core-unit-mkr-budget/10226)

### MIP41c4-SP24

A brief summary of this proposal has been provided by the MIP Author and is shown below:

*MIP41c4-SP24 onboards Vamsi Alluri as Facilitator for the Deco Fixed Rate Core Unit.*

Please review the links below to inform your position on this proposal before voting.
* [Canonical Proposal Version](https://github.com/makerdao/mips/blob/1e68595057de5e9d2154a3320ff121ea7ad1f94a/MIP41/MIP41c4-Subproposals/MIP41c4-SP24.md)
* [Latest Proposal Version](https://mips.makerdao.com/mips/details/MIP41c4SP24)
* [Proposal Discussion Thread](https://forum.makerdao.com/t/mip41c4-sp24-facilitator-onboarding-deco-fixed-rate-core-unit/10227)

## Outcomes

This poll implements a **Minimum Positive Participation** value. The Minimum Positive Participation is currently set to **10,000 MKR**.

**If the votes for the 'Yes' option exceed the votes for the 'No' option AND the votes for the 'Yes' option exceed 10,000 MKR, then the following actions will be taken:**
* The MIP Editors will mark these proposals **Accepted** and the Governance Facilitators will confirm their passage on the Governance and Risk call on Thursday, November 25. 
* Any further work required to implement these proposals will be tasked to the relevant [Core Units](https://mips.makerdao.com/mips/details/MIP38#mip38c2-core-unit-state).

**Otherwise, this proposal will be marked as rejected per [MIP51](https://mips.makerdao.com/mips/details/MIP51#mip51c2-ratification-poll).**

---

## Resources

[MIP51: Monthly Governance Cycle](https://mips.makerdao.com/mips/details/MIP51) describes this type of poll and its position and significance within the rest of the governance cycle.

If you are new to voting in the Maker Protocol, please see the [voting guide](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


This MIP Set proposes the Deco Fixed-Rate Core Unit for the integration and maintenance of the Deco Protocol facilitating Fixed Rate Vaults.

Ratification Poll for Adding the Deco Fixed Rate Core Unit (DECO-001) - November 8, 2021

# Poll: Rates Proposal - November 15, 2021

The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the [MakerDAO Open Market Committee](https://forum.makerdao.com/t/parameter-proposal-group-makerdao-open-market-committee/7355). This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for three days beginning on Monday, November 15 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

MKR Token Holders may vote in this poll to express support or opposition to the following [Stability Fee](https://community-development.makerdao.com/en/learn/governance/param-stability-fee) changes: 
* Increase the WBTC-A Stability Fee from 2.5% to 4.0%.
* Increase the WBTC-B Stability Fee from 5.0% to 7.0%.

*Note: WBTC-B has not been onboarded at the time of this poll. If approved, this poll would update the [Stability Fee](https://community-development.makerdao.com/en/learn/governance/param-stability-fee) that was voted on [here](https://vote.makerdao.com/polling/QmSL1kDq?network=mainnet#poll-detail) when the Vault Onboarding is up for an Executive Proposal.* 

Please review the proposal [thread](https://forum.makerdao.com/t/mid-month-parameter-changes-proposal-ppg-omc-001-2021-11-10/11562) 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:**
* These Stability Fee changes will be included in the weekly Executive Vote on the Friday following the conclusion of this poll.
* If the Friday executive passes, then these changes will become active in the Maker Protocol after the [GSM Pause Delay](https://community-development.makerdao.com/en/learn/governance/param-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

Unsure about the Stability Fee parameter and what you should take into account when voting? Check out the parameter documentation [here](https://community-development.makerdao.com/en/learn/governance/param-stability-fee).

If you are new to voting in the Maker Protocol, please see the [voting guide](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


Signal your support or opposition to the Stability Fee changes listed in this poll.

Rates Proposal - November 15, 2021

# Poll: Change of Covenants for P1-DROP (Peoples Company Series 1) - November 15, 2021

The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the MakerDAO Community. This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for three days beginning on Monday, November 15 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 

MKR Token Holders may vote in this poll to express support or opposition to the following covenant changes to P1-DROP (Peoples Company Series 1):
   * Increase maximum acquisition price from $1.5 million to $2.85 million.
   * Include Arkansas as a possible state.

Please review the discussion [thread](https://forum.makerdao.com/t/signal-request-p1-drop-change-of-covenants-for-p1-drop-farmlands/11236) to inform your position on this issue 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 parameters 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 parameter change will become active in the Maker Protocol after the [GSM Pause Delay](https://community-development.makerdao.com/en/learn/governance/param-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

Unsure about collaterals and what you should take into account when voting? Check out the parameter documentation [here](https://collateral.makerdao.com/).

If you are new to voting in the Maker Protocol, please see the [voting guide](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


Signal your support or opposition for adjusting the P1-DROP (Peoples Company Series 1) covenants

Change of Covenants for P1-DROP (Peoples Company Series 1) - November 15, 2021

# Poll: Offboard the COMP-A Vault Type - November 15, 2021

The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the MakerDAO Community. This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for three days beginning on Monday, November 15 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: 
* Lower the COMP-A [Liquidation Penalty (chop)](https://makerdao.world/en/learn/governance/param-liquidation-penalty/) to 0%.
* Lower the COMP-A [Debt Ceiling (line)](https://makerdao.world/en/learn/governance/param-debt-ceiling) to 0 DAI.
* Increase the COMP-A [Liquidation Ratio](https://makerdao.world/en/learn/governance/param-liquidation-ratio/) over 30 days using dss-lerp such that all vaults are liquidated by the end of that period.

Please review the discussion [thread](https://forum.makerdao.com/t/signal-request-offboarding-matic-comp-aave-and-bal/11184) to help inform your position before voting.

For additional information on the parameters that would be used to offboard this collateral, please see [this post](https://forum.makerdao.com/t/proposed-offboarding-collateral-parameters-2/11548) from the Risk Core Unit.

## 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 these changes will become active in the Maker Protocol after the [GSM Pause Delay](https://community-development.makerdao.com/en/learn/governance/param-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](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


Signal your support or opposition to offboard the COMP-A vault type.

Offboard the COMP-A Vault Type - November 15, 2021

# Poll: Offboard the AAVE-A Vault Type - November 15, 2021

The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the MakerDAO Community. This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for three days beginning on Monday, November 15 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: 
* Lower the AAVE-A [Liquidation Penalty (chop)](https://makerdao.world/en/learn/governance/param-liquidation-penalty/) to 0%.
* Lower the AAVE-A [Debt Ceiling (line)](https://makerdao.world/en/learn/governance/param-debt-ceiling) to 0 DAI.
* Increase the AAVE-A [Liquidation Ratio](https://makerdao.world/en/learn/governance/param-liquidation-ratio/) over 30 days using dss-lerp such that all vaults are liquidated by the end of that period.

Please review the discussion [thread](https://forum.makerdao.com/t/signal-request-offboarding-matic-comp-aave-and-bal/11184) to help inform your position before voting.

For additional information on the parameters that would be used to offboard this collateral, please see [this post](https://forum.makerdao.com/t/proposed-offboarding-collateral-parameters-2/11548) from the Risk Core Unit.

## 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 these changes will become active in the Maker Protocol after the [GSM Pause Delay](https://community-development.makerdao.com/en/learn/governance/param-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](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


Signal your support or opposition to offboard the AAVE-A vault type.

Offboard the AAVE-A Vault Type - November 15, 2021

# Poll: Offboard the BAL-A Vault Type - November 15, 2021

The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the MakerDAO Community. This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for three days beginning on Monday, November 15 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: 
* Lower the BAL-A [Liquidation Penalty (chop)](https://makerdao.world/en/learn/governance/param-liquidation-penalty/) to 0%.
* Lower the BAL-A [Debt Ceiling (line)](https://makerdao.world/en/learn/governance/param-debt-ceiling) to 0 DAI.
* Increase the BAL-A [Liquidation Ratio](https://makerdao.world/en/learn/governance/param-liquidation-ratio/) over 30 days using dss-lerp such that all vaults are liquidated by the end of that period.

Please review the discussion [thread](https://forum.makerdao.com/t/signal-request-offboarding-matic-comp-aave-and-bal/11184) to help inform your position before voting.

For additional information on the parameters that would be used to offboard this collateral, please see [this post](https://forum.makerdao.com/t/proposed-offboarding-collateral-parameters-2/11548) from the Risk Core Unit.

## 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 these changes will become active in the Maker Protocol after the [GSM Pause Delay](https://community-development.makerdao.com/en/learn/governance/param-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](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


Signal your support or opposition to offboard the BAL-A vault type.

Offboard the BAL-A Vault Type - November 15, 2021

# Poll: Local Liquidation Limit Adjustments for ETH-A, ETH-B, ETH-C, WBTC-A and WSTETH-A - November 15, 2021

The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the MakerDAO [Risk Core Unit](https://mips.makerdao.com/mips/details/MIP39c2SP2). This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for three days beginning on Monday, November 15 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 

MKR Token Holders may vote in this poll to express support or opposition to the following changes.

Increase the [Local Liquidation Limit (`ilk.hole`)](https://makerdao.world/en/learn/governance/param-local-liquidation-limit) as follows:
   * ETH-A Local Liquidation Limit (`ilk.hole`) from 40 million DAI to 65 million DAI.
   * ETH-B Local Liquidation Limit (`ilk.hole`) from 25 million DAI to 30 million DAI.
   * ETH-C Local Liquidation Limit (`ilk.hole`) from 30 million DAI to 35 million DAI.
   * WBTC-A Local Liquidation Limit (`ilk.hole`) from 25 million DAI to 40 million DAI.
   * WSTETH-A Local Liquidation Limit (`ilk.hole`) from 3 million DAI to 7 million DAI

Please review the discussion [thread](https://forum.makerdao.com/t/auction-throughput-parameters-adjustments-nov-9-2021/11531) to inform your position on this issue 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 parameters 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 parameter change will become active in the Maker Protocol after the [GSM Pause Delay](https://community-development.makerdao.com/en/learn/governance/param-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

Unsure about the Local Liquidation Limit (`ilk.hole`) parameter and what you should take into account when voting? Check out the parameter documentation [here](https://makerdao.world/en/learn/governance/param-local-liquidation-limit/).

If you are new to voting in the Maker Protocol, please see the [voting guide](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


Signal your support or opposition for increasing the Local Liquidation Limit (ilk.hole) for ETH-A, ETH-B, ETH-C, WBTC-A and WSTETH-A as detailed.

Local Liquidation Limit Adjustments for ETH-A, ETH-B, ETH-C, WBTC-A and WSTETH-A - November 15, 2021

# Poll: Community Greenlight Poll - MDI (MD Irradiance LLC) - November 1, 2021

The Governance Facilitators have placed a governance poll into the [voting system](https://vote.makerdao.com/polling) as part of their responsibilities as defined in [MIP9: Community Greenlight](https://mips.makerdao.com/mips/details/MIP9). This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for fourteen days beginning on Monday, November 1 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

This poll asks whether the asset MDI (MD Irradiance LLC) should be prioritized for inclusion in the Maker Protocol by the [Core Units](https://mips.makerdao.com/mips/details/MIP38#mip38c2-core-unit-state). 

Please review the collateral onboarding application [thread](https://forum.makerdao.com/t/mip6-collateral-onboarding-application-md-irradiance-llc-construction-period-only-loans-to-late-stage-us-solar-projects/10817) to inform your position before voting.

## Outcomes

**Regardless of the winning option the following actions will be taken at the conclusion of this poll:**
* The 'greenlight score' will be calculated for MDI (MD Irradiance LLC) using the formula `Score = 'Yes' Votes - 'No' Votes`
* The 'greenlight score' for MDI (MD Irradiance LLC) will be added to the [Collateral Prioritisation Sheet](https://docs.google.com/spreadsheets/d/1IX9e2fyfz7djtDMKn5gMyGsyFxHoY75GncMbAjnSXrM/edit#gid=0) by the Governance Facilitators.
* The [Core Units](https://mips.makerdao.com/mips/details/MIP38#mip38c2-core-unit-state) will use the Collateral Prioritisation Sheet to direct their work on onboarding new collateral types.

---

## Resources

[MIP9: Community Greenlight](https://mips.makerdao.com/mips/details/MIP9) describes this type of poll and goes into more detail about how it interacts with the rest of the collateral onboarding process.

If you are new to voting in the Maker Protocol, please see the [voting guide](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


Signal your support or opposition to prioritising onboarding MDI (MD Irradiance LLC).

Community Greenlight Poll - MDI (MD Irradiance LLC) - November 1, 2021

# Poll: Community Greenlight Poll - OHM (Olympus DAO) - November 1, 2021

The Governance Facilitators have placed a governance poll into the [voting system](https://vote.makerdao.com/polling) as part of their responsibilities as defined in [MIP9: Community Greenlight](https://mips.makerdao.com/mips/details/MIP9). This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for fourteen days beginning on Monday, November 1 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

This poll asks whether the asset OHM (Olympus DAO) should be prioritized for inclusion in the Maker Protocol by the [Core Units](https://mips.makerdao.com/mips/details/MIP38#mip38c2-core-unit-state). 

Please review the collateral onboarding application [thread](https://forum.makerdao.com/t/ohm-olympus-dao-collateral-onboarding-application-mip6/10709) to inform your position before voting.

## Outcomes

**Regardless of the winning option the following actions will be taken at the conclusion of this poll:**
* The 'greenlight score' will be calculated for OHM (Olympus DAO) - November 1, 2021 using the formula `Score = 'Yes' Votes - 'No' Votes`
* The 'greenlight score' for OHM (Olympus DAO) - November 1, 2021 will be added to the [Collateral Prioritisation Sheet](https://docs.google.com/spreadsheets/d/1IX9e2fyfz7djtDMKn5gMyGsyFxHoY75GncMbAjnSXrM/edit#gid=0) by the Governance Facilitators.
* The [Core Units](https://mips.makerdao.com/mips/details/MIP38#mip38c2-core-unit-state) will use the Collateral Prioritisation Sheet to direct their work on onboarding new collateral types.

---

## Resources

[MIP9: Community Greenlight](https://mips.makerdao.com/mips/details/MIP9) describes this type of poll and goes into more detail about how it interacts with the rest of the collateral onboarding process.

If you are new to voting in the Maker Protocol, please see the [voting guide](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


Signal your support or opposition to prioritising onboarding OHM (Olympus DAO).

Community Greenlight Poll - OHM (Olympus DAO) - November 1, 2021

# Poll: 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](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) 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](https://forum.makerdao.com/t/mip61-delegate-compensation/10640). 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](https://forum.makerdao.com/t/signal-request-should-we-increase-maximum-delegate-compensation-as-described-in-mip61-to-144k-dai-for-the-initial-3-month-delegate-compensation-trial/11093) 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](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


Signal your support or opposition to increasing maximum per-delegate compensation to 144,000 DAI annually.

Recognised Delegate Compensation Increase - November 8, 2021

# Poll: NS-DROP Covenant Modification - 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](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) 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 proposed changes to the NS-DROP covenants are as follows:
1. MakerDAO's maximum share of the NS-DROP pool will increase from 75% to 85%.
2. The Asset Originator (New Silver) will maintain a minimum share of 50% of the NS-TIN pool.
3. If the Asset Originator (New Silver) does not maintain a minimum share of 50% of the NS-TIN pool, MakerDAO's maximum share of the NS-DROP pool will revert to 75%.

Please review the discussion [thread](https://forum.makerdao.com/t/signal-request-increase-the-makerdao-ns-drop-maximum-to-85-when-ao-tin-participation-is-at-least-50/11134) 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 NS-DROP covenants will be modified according to the outcome of this poll.

**If the votes for the 'No' option equal or exceed the votes for the 'Yes' option then no change will be made to the NS-DROP covenants at this time.**

---

## Resources

If you are new to voting in the Maker Protocol, please see the [voting guide](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


Signal your support or opposition to increasing MakerDAO's maximum share of the NS-DROP pool from 75% to 85%.

NS-DROP Covenant Modification - November 8, 2021

# Poll: GUNIV3DAIUSDC-A Parameter Adjustments - November 8, 2021

The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the Risk and Protocol Engineering Core units. This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) 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 

MKR Token Holders may vote in this poll to express support or opposition to making the following parameter changes to the GUNIV3DAIUSDC1-A vault type:
* Increase GUNIV3DAIUSDC-A [Debt Ceiling](https://makerdao.world/en/learn/governance/param-debt-ceiling) from 50 million DAI to 500 million DAI.
* Decrease GUNIV3DAIUSDC-A [Liquidation Ratio](https://makerdao.world/en/learn/governance/param-liquidation-ratio) from 105% to 102%.
* Decrease GUNIV3DAIUSDC-A [Stability Fee](https://makerdao.world/en/learn/governance/param-stability-fee) from 1% to 0.5%.

Please review the discussion [thread](https://forum.makerdao.com/t/request-to-raise-the-guniv3daiusdc1-a-dc-to-500m/11394) to inform your position on this issue before voting.

## Outcomes

**If the votes for the 'Yes' option exceed the votes for the 'No' option then the following actions will be taken:**
* These parameter changes will be included in the weekly Executive Vote on the Friday following the conclusion of this poll. 
* If the Friday executive passes, then these parameter changes will become active in the Maker Protocol after the [GSM Pause Delay](https://community-development.makerdao.com/en/learn/governance/param-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

Unsure about the Debt Ceiling parameter and what you should take into account when voting? Check out the parameter documentation [here](https://community-development.makerdao.com/en/learn/governance/param-debt-ceiling).

If you are new to voting in the Maker Protocol, please see the [voting guide](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


Signal your support or opposition for adjusting the parameters for the GUNIV3DAIUSDC1-A vault type.

GUNIV3DAIUSDC-A Parameter Adjustments - November 8, 2021

# Poll: Increase the WSTETH-A Debt Ceiling - November 8, 2021

The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the Risk and Protocol Engineering Core Units. This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) 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 

MKR Token Holders may vote in this poll to express support or opposition to adjusting the WSTETH-A [Debt Ceiling](https://community-development.makerdao.com/en/learn/governance/param-debt-ceiling):
* Increase from 5 million DAI to 50 million DAI.

Please review the discussion [thread](https://forum.makerdao.com/t/request-to-raise-staked-eth-dc-to-50m/11402) to inform your position on this issue 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 parameter change will be included in the weekly Executive Vote on the Friday following the conclusion of this poll. 
* If the Friday executive passes, then this parameter change will become active in the Maker Protocol after the [GSM Pause Delay](https://community-development.makerdao.com/en/learn/governance/param-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

Unsure about the Debt Ceiling parameter and what you should take into account when voting? Check out the parameter documentation [here](https://community-development.makerdao.com/en/learn/governance/param-debt-ceiling).

If you are new to voting in the Maker Protocol, please see the [voting guide](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


Signal your support or opposition for adjusting the WSTETH-A Debt Ceiling from 5 million DAI to 50 million DAI.

Increase the WSTETH-A Debt Ceiling - November 8, 2021

# Poll: Adjust Aave DAI Direct Deposit Module (D3M) Parameters - November 8, 2021

The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the Risk Core Unit. This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) 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
MKR Token Holders may vote in this poll to express support or opposition to making the following parameter changes to the Aave DAI Direct Deposit Module (D3M):
* Increase DIRECT-AAVEV2-DAI [Maximum Debt Ceiling](https://makerdao.world/en/learn/governance/module-dciam) from 10 million DAI to 50 million DAI.
* Increase DIRECT-AAVEV2-DAI [Target Available Debt](https://makerdao.world/en/learn/governance/module-dciam) from 10 million DAI to 25 million DAI.
* Decrease DIRECT-AAVEV2-DAI Target Borrow Rate (`bar`) from 4% to 3.9%.

Please review the discussion [thread](https://forum.makerdao.com/t/d3m-dc-increase-target-borrow-rate-decrease-proposal/11421) to help inform your position before voting.

For more information regarding the DAI Direct Deposit Module and how these parameters interact, check out the forum thread [here](https://forum.makerdao.com/t/discussion-direct-deposit-dai-module-d3m/7357).

## 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 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](https://community-development.makerdao.com/en/learn/governance/param-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](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


Signal your support or opposition to adjusting the Aave DAI Direct Deposit Module (D3M) parameters.

DIRECT-AAVEV2-DAI Parameter Adjustments - November 8, 2021

# Poll: Add WBTC-B as a new Vault Type - November 8, 2021

The Governance Facilitators have placed a Governance Poll into the [voting system](https://vote.makerdao.com/polling) on behalf of the MakerDAO mandated actors. This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) 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

This poll allows the MakerDAO governance community to signal their support or opposition to adding WBTC-B as a new vault type in the Maker Protocol with the parameters below:

### Collateral Parameters

* Underlying Collateral: Wrapped Bitcoin (WBTC)
* [Stability Fee](https://community-development.makerdao.com/en/learn/governance/param-stability-fee): 5%
* [Liquidation Ratio](https://community-development.makerdao.com/en/learn/governance/param-liquidation-ratio): 130%
* [Debt Ceiling (`line`)](https://community-development.makerdao.com/en/learn/governance/param-debt-ceiling): 500 million DAI
* [Target Available Debt(`gap`)](https://makerdao.world/en/learn/governance/module-dciam): 30 million
* [Ceiling Increase Cooldown(`ttl`)](https://makerdao.world/en/learn/governance/module-dciam): 8 million
* [Debt Floor (`dust`)](https://community-development.makerdao.com/en/learn/governance/param-debt-floor): 30,000 DAI

### Liquidation Parameters

* [Auction Price Function (`calc`)](https://community-development.makerdao.com/en/learn/governance/param-auction-price-function): Stairstep Exponential
* [Price Change Multiplier (`cut`)](https://community-development.makerdao.com/en/learn/governance/param-auction-price-function): 0.99
* [Price Change Interval (`step`)](https://community-development.makerdao.com/en/learn/governance/param-auction-price-function): 60 seconds
* [Auction Price Multiplier (`buf`)](https://community-development.makerdao.com/en/learn/governance/param-auction-price-multiplier): 1.2
* [Liquidation Penalty (`chop`)](https://community-development.makerdao.com/en/learn/governance/param-liquidation-penalty): 13%

**Limits**

* [Local Liquidation Limit (`ilk.hole`)](https://community-development.makerdao.com/en/learn/governance/param-local-liquidation-limit): 25 million DAI
* [Maximum Auction Drawdown (`cusp`)](https://community-development.makerdao.com/en/learn/governance/param-max-auction-drawdown): 0.4
* [Maximum Auction Duration (`tail`)](https://community-development.makerdao.com/en/learn/governance/param-max-auction-duration): 90 minutes
* [Breaker Price Tolerance (`tolerance`)](https://community-development.makerdao.com/en/learn/governance/param-breaker-price-tolerance): 0.5

**Incentives**

* [Proportional Kick Incentive (`chip`)](https://community-development.makerdao.com/en/learn/governance/param-proportional-kick-incentive): 0.1%
* [Flat Kick Incentive (`tip`)](https://community-development.makerdao.com/en/learn/governance/param-flat-kick-incentive): 300 DAI

Please review the following forum threads containing information about WBTC-B to inform your position before voting.
* [Proposal Thread](https://forum.makerdao.com/t/signal-request-new-iam-vault-type-for-wbtc-with-lower-lr/5736)
* [Risk Core Unit Evaluation](https://forum.makerdao.com/t/wbtc-b-collateral-onboarding-risk-assessment/11397)


## Outcomes

**If the votes for the 'Yes' option exceed the votes for the 'No' option then the following actions will be taken:**
* WBTC-B will be onboarded in a future executive vote as the Protocol Engineering Core Unit's schedule allows. 
* 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](https://community-development.makerdao.com/en/learn/governance/param-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](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


This poll proposes system parameters which could be used to initialize WBTC-B as a new vault type.

Add WBTC-B as a new Vault Type - November 8, 2021

# Poll: Parameter Changes Proposal - MakerDAO Open Market Committee - November 1, 2021

The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the [MakerDAO Open Market Committee](https://forum.makerdao.com/t/parameter-proposal-group-makerdao-open-market-committee/7355). This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for three days beginning on Monday, November 1 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

MKR Token Holders may vote in this poll to express support or opposition to the following parameter changes:

**ETH-A**
* Increase [Stability Fee](https://community-development.makerdao.com/en/learn/governance/param-stability-fee) by 0.5% from 2.0% to 2.5%

**ETH-B**
* Increase [Stability Fee](https://community-development.makerdao.com/en/learn/governance/param-stability-fee) by 1.0% from 5.0% to 6.0%

**WBTC-A**
* Increase [Stability Fee](https://community-development.makerdao.com/en/learn/governance/param-stability-fee) by 0.5% from 2.0% to 2.5%

**LINK-A**
* Increase [Stability Fee](https://community-development.makerdao.com/en/learn/governance/param-stability-fee) by 0.5% from 1.0% to 1.5%

**MANA-A**
* Increase [Maximum Debt Ceiling](https://makerdao.world/en/learn/governance/module-dciam) (`line`) from 5 million DAI to 10 million DAI.

**RENBTC-A**
* Increase [Stability Fee](https://community-development.makerdao.com/en/learn/governance/param-stability-fee) by 0.5% from 2.0% to 2.5%

**MATIC-A**
* Increase [Maximum Debt Ceiling](https://makerdao.world/en/learn/governance/module-dciam) (`line`) from 10 million DAI to 20 million DAI.
* Increase [Target Available Debt](https://makerdao.world/en/learn/governance/module-dciam) (`gap`) from 3 million DAI to 20 million DAI.

**USDC-A**
* Increase [Stability Fee](https://community-development.makerdao.com/en/learn/governance/param-stability-fee) by 1.0% from 0.0% to 1.0%

**UNIV2WBTCETH-A**
* Increase [Maximum Debt Ceiling](https://makerdao.world/en/learn/governance/module-dciam) (`line`) from 20 million DAI to 50 million DAI.
* Increase [Target Available Debt](https://makerdao.world/en/learn/governance/module-dciam) (`gap`) from 3 million DAI to 5 million DAI.
* Increase [Stability Fee](https://community-development.makerdao.com/en/learn/governance/param-stability-fee) by 0.5% from 2.0% to 2.5%


Please review the proposal [thread](https://forum.makerdao.com/t/parameter-changes-proposal-ppg-omc-001-2021-10-28/11256) 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:**
* These parameter changes will be included in the weekly Executive Vote on the Friday following the conclusion of this poll.
* If the Friday executive passes, then these changes will become active in the Maker Protocol after the [GSM Pause Delay](https://community-development.makerdao.com/en/learn/governance/param-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](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


Parameter Changes Proposal - MakerDAO Open Market Committee - November 1, 2021

# Poll: Lower PSM Vault Fees - November 1, 2021

The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the Maker Governance Community. This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for three days beginning on Monday, November 1 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: 
* Lower the [Fee In (`tin`)](https://community-development.makerdao.com/en/learn/governance/module-psm) for PSM-USDP-A from 0.10% to 0.0%.
* Lower the [Fee In (`tin`)](https://community-development.makerdao.com/en/learn/governance/module-psm) for PSM-USDC-A from 0.20% to 0.0%.

Note: The [Fee Out (`tout`)](https://community-development.makerdao.com/en/learn/governance/module-psm) is already set to 0% for both PSM Vautls.

Please review the discussion [thread](https://forum.makerdao.com/t/signal-request-set-psm-fees-to-0/10894) to inform your position on this issue before voting.

## 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 parameter change will become active in the Maker Protocol after the [GSM Pause Delay](https://community-development.makerdao.com/en/learn/governance/param-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](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


Signal your support or opposition for setting the Fee In (tin) and Fee Out (tout) parameters to 0% for all PSM vaults.

Lower PSM Vault Fees - November 1, 2021

# Poll: Clean Money Sentiment - October 25, 2021

The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the MakerDAO governance community. This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for **seven** days beginning on Monday, October 25 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 general direction laid out in the post '[The Case for Clean Money](https://forum.makerdao.com/t/the-case-for-clean-money/10684)'.

Please review the discussion [thread](https://forum.makerdao.com/t/signal-request-would-you-like-to-see-makerdao-move-in-the-general-direction-indicated-by-the-post-the-case-for-clean-money/10932) to help inform your position before voting.

## Outcomes

The outcome of this poll is **non-binding** and does not reflect an obligation for MakerDAO to implement any part of said post. It is intended to indicate the sentiment towards this direction among MKR Holders, such that the MakerDAO community can take this information into account in their actions over the following few months.

**If the votes for the 'Yes' option exceed the votes for the 'No' option then the following actions will be taken:**
* Further governance actions will take place to narrow down the contents of '[The Case for Clean Money](https://forum.makerdao.com/t/the-case-for-clean-money/10684)' to one or more actionable and binding proposals which will then be presented to the community for voting.

**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](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


Signal your support or opposition to 'The Case for Clean Money'

Clean Money Sentiment - October 25, 2021

# Poll: Community Greenlight Poll - CSC (Curio Stablecoin) - October 18, 2021

The Governance Facilitators have placed a governance poll into the [voting system](https://vote.makerdao.com/polling) as part of their responsibilities as defined in [MIP9: Community Greenlight](https://mips.makerdao.com/mips/details/MIP9). This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for fourteen days beginning on Monday, October 18 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

This poll asks whether the asset CSC (Curio Stablecoin) should be prioritized for inclusion in the Maker Protocol by the [Core Units](https://mips.makerdao.com/mips/details/MIP38#mip38c2-core-unit-state). 

Please review the collateral onboarding application [thread](https://forum.makerdao.com/t/csc-mip6-application-curiodao-s-stablecoin-backed-by-tokenized-physical-real-world-assets/10495) to inform your position before voting.

## Outcomes

**Regardless of the winning option the following actions will be taken at the conclusion of this poll:**
* The 'greenlight score' will be calculated for CSC (Curio Stablecoin) using the formula `Score = 'Yes' Votes - 'No' Votes`
* The 'greenlight score' for CSC (Curio Stablecoin) will be added to the [Collateral Prioritisation Sheet](https://docs.google.com/spreadsheets/d/1IX9e2fyfz7djtDMKn5gMyGsyFxHoY75GncMbAjnSXrM/edit#gid=0) by the Governance Facilitators.
* The [Core Units](https://mips.makerdao.com/mips/details/MIP38#mip38c2-core-unit-state) will use the Collateral Prioritisation Sheet to direct their work on onboarding new collateral types.

---

## Resources

[MIP9: Community Greenlight](https://mips.makerdao.com/mips/details/MIP9) describes this type of poll and goes into more detail about how it interacts with the rest of the collateral onboarding process.

If you are new to voting in the Maker Protocol, please see the [voting guide](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).

Signal your support or opposition to prioritising onboarding CSC (Curio Stablecoin).

Community Greenlight Poll - CSC (Curio Stablecoin) - October 18, 2021

# Poll: Community Greenlight Poll - OFH (Security Tokens Refinancing) - October 18, 2021

The Governance Facilitators have placed a governance poll into the [voting system](https://vote.makerdao.com/polling) as part of their responsibilities as defined in [MIP9: Community Greenlight](https://mips.makerdao.com/mips/details/MIP9). This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for fourteen days beginning on Monday, October 18 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

This poll asks whether the asset OFH (Security Tokens Refinancing) should be prioritized for inclusion in the Maker Protocol by the [Core Units](https://mips.makerdao.com/mips/details/MIP38#mip38c2-core-unit-state). 

Please review the collateral onboarding application [thread](https://forum.makerdao.com/t/security-tokens-refinancing-mip6-application-for-ofh-tokens/10605) to inform your position before voting.

## Outcomes

**Regardless of the winning option the following actions will be taken at the conclusion of this poll:**
* The 'greenlight score' will be calculated for OFH (Security Tokens Refinancing) using the formula `Score = 'Yes' Votes - 'No' Votes`
* The 'greenlight score' for OFH (Security Tokens Refinancing) will be added to the [Collateral Prioritisation Sheet](https://docs.google.com/spreadsheets/d/1IX9e2fyfz7djtDMKn5gMyGsyFxHoY75GncMbAjnSXrM/edit#gid=0) by the Governance Facilitators.
* The [Core Units](https://mips.makerdao.com/mips/details/MIP38#mip38c2-core-unit-state) will use the Collateral Prioritisation Sheet to direct their work on onboarding new collateral types.

---

## Resources

[MIP9: Community Greenlight](https://mips.makerdao.com/mips/details/MIP9) describes this type of poll and goes into more detail about how it interacts with the rest of the collateral onboarding process.

If you are new to voting in the Maker Protocol, please see the [voting guide](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).

Signal your support or opposition to prioritising onboarding OFH (Security Tokens Refinancing).

Community Greenlight Poll - OFH (Security Tokens Refinancing) - October 18, 2021

# Poll: Community Greenlight Poll - TM2-DROP (Technology Metals Market) - October 18, 2021

The Governance Facilitators have placed a governance poll into the [voting system](https://vote.makerdao.com/polling) as part of their responsibilities as defined in [MIP9: Community Greenlight](https://mips.makerdao.com/mips/details/MIP9). This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for fourteen days beginning on Monday, October 18 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

This poll asks whether the asset TM2-DROP (Technology Metals Market) should be prioritized for inclusion in the Maker Protocol by the [Core Units](https://mips.makerdao.com/mips/details/MIP38#mip38c2-core-unit-state). 

Please review the collateral onboarding application [thread](https://forum.makerdao.com/t/tm2-drop-mip6-application-technology-metals-market-tm2-trade-finance-for-trading-of-physical-metals/10666) to inform your position before voting.

## Outcomes

**Regardless of the winning option the following actions will be taken at the conclusion of this poll:**
* The 'greenlight score' will be calculated for TM2-DROP (Technology Metals Market) using the formula `Score = 'Yes' Votes - 'No' Votes`
* The 'greenlight score' for TM2-DROP (Technology Metals Market) will be added to the [Collateral Prioritisation Sheet](https://docs.google.com/spreadsheets/d/1IX9e2fyfz7djtDMKn5gMyGsyFxHoY75GncMbAjnSXrM/edit#gid=0) by the Governance Facilitators.
* The [Core Units](https://mips.makerdao.com/mips/details/MIP38#mip38c2-core-unit-state) will use the Collateral Prioritisation Sheet to direct their work on onboarding new collateral types.

---

## Resources

[MIP9: Community Greenlight](https://mips.makerdao.com/mips/details/MIP9) describes this type of poll and goes into more detail about how it interacts with the rest of the collateral onboarding process.

If you are new to voting in the Maker Protocol, please see the [voting guide](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


Signal your support or opposition to prioritising onboarding TM2-DROP (Technology Metals Market).

Community Greenlight Poll - TM2-DROP (Technology Metals Market) - October 18, 2021

# Poll: Delegate Compensation Trial - October 25, 2021

The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the MakerDAO governance community. This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for three days beginning on Monday, October 25 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 trialing recognized delegate compensation for 3 months, starting in November. The compensation method for this trial can be found in [MIP61](https://forum.makerdao.com/t/mip61-delegate-compensation/10640), and will initially begin with the following parameters:
* Maximum Compensation Threshold: 10,000 MKR
* Maximum Annual Compensation: 48,000 DAI
* Exponential Factor: 0.5

Please review the discussion [thread](https://forum.makerdao.com/t/signal-request-should-we-trial-delegate-compensation-as-described-in-mip61-over-3-months/10978) 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.

**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](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


Signal your support or opposition to a 3 month trial of recognized delegate compensation.

Recognised Delegate Compensation Trial - October 25, 2021

# Poll: Raise the ESM threshold and increase the Governance Delay - October 25, 2021

The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the Maker Community. This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for three days beginning on Monday, October 25 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

MKR Token Holders may vote in this poll to express support or opposition to the following change to raising the [Emergency Shutdown Module](https://docs.makerdao.com/smart-contract-modules/shutdown/emergency-shutdown-module) (also referred to as the 'ESM') threshold:
* Raise [ESM threshold](https://docs.makerdao.com/smart-contract-modules/shutdown/emergency-shutdown-module) from 75,000 MKR to 150,000 MKR.
* Increase the [Governance Delay](https://makerdao.world/en/learn/governance/param-gsm-pause-delay) from 48 hours to 96 hours.

Please review the discussion [thread](https://forum.makerdao.com/t/restarted-poll-signal-request-raise-the-esm-threshold-to-15-and-increase-the-governance-delay-to-4-days/10896) to inform your position on this issue before voting.

# Outcomes

**If the votes for the 'Yes' option exceed the votes for the 'No' option then the following actions will be taken:**
* These parameter changes will take place in a future executive vote as the Protocol Engineering Core Unit's schedule allows. 
* 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](https://community-development.makerdao.com/en/learn/governance/param-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

Unsure about the Emergency Shutdown Module (ESM) and what you should take into account when voting? Check out the documentation [here](https://docs.makerdao.com/smart-contract-modules/shutdown/emergency-shutdown-module).

If you are new to voting in the Maker Protocol, please see the [voting guide](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).



Signal your support or opposition for raising the ESM threshold to 150,000 MKR and increasing the Governance Delay to 96 hours.

Raise the ESM threshold and Increase the Governance Delay - October 25, 2021

# Ratification Poll for Implementation of DSS Charter (MIP59) - October 11, 2021

The Governance Facilitators have placed a ratification poll into the [voting system](https://vote.makerdao.com/polling) as part of the responsibilities defined in [MIP51](https://mips.makerdao.com/mips/details/MIP51). This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for fourteen days beginning on Monday, October 11 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 may vote in this poll to express support or opposition to the MIP59 being accepted and implemented in the Maker Protocol.

A brief summary of this proposal has been provided by the MIP Author and is shown below:

*DssCharter interfaces with the dss core contracts to support creating institutional and long term vaults with debt origination fees. It also includes enforcement of a debt ceiling and a minimal collateralization ratio when drawing debt or withdrawing collateral. For institutional vaults (permissioned mode) the fee percentage and the enforcement parameters are set per vault instance. For long term vaults (non-permissioned mode) these parameters are set per collateral type.*

Please review the links below to inform your position on this proposal before voting.
* [Cannonical Proposal Version](https://github.com/makerdao/mips/blob/3fbfda3cf6326fd0f77cf670f7c0b0cd2dc522b2/MIP59/MIP59.md)
* [Latest Proposal Version](https://mips.makerdao.com/mips/details/MIP59)
* [Proposal Discussion Thread](https://forum.makerdao.com/t/mip59-dsscharter/10028)

## Outcomes

This poll implements a **Minimum Positive Participation** value. The Minimum Positive Participation is currently set to **10,000 MKR**.

**If the votes for the 'Yes' option exceed the votes for the 'No' option AND the votes for the 'Yes' option exceed 10,000 MKR, then the following actions will be taken:**
* The MIP Editors will mark the proposal **Accepted** and the Governance Facilitators will confirm its passage on the Governance and Risk call on Thursday, October 28. 
* Any further work required to implement the proposal will be tasked to the relevant [Core Units](https://mips.makerdao.com/mips/details/MIP38#mip38c2-core-unit-state).

**Otherwise, this proposal will be marked as rejected per [MIP51](https://mips.makerdao.com/mips/details/MIP51#mip51c2-ratification-poll).**

---

## Resources

[MIP51: Monthly Governance Cycle](https://mips.makerdao.com/mips/details/MIP51) describes this type of poll and its position and significance within the rest of the governance cycle.

If you are new to voting in the Maker Protocol, please see the [voting guide](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


This proposal provides a smart contract implementation of DssCharter, a module which supports institutional and long term vaults.

Ratification Poll for Implementation of DSS Charter (MIP59) - October 11, 2021

# Inclusion Poll for Adding MakerLabs Core Unit (SNUNK-001) - October 11, 2021

The Governance Facilitators have placed a ratification poll into the [voting system](https://vote.makerdao.com/polling) as part of the responsibilities defined in [MIP51](https://mips.makerdao.com/mips/details/MIP51). This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for fourteen days beginning on Monday, October 11 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 may vote in this poll to express support or opposition to MakerLabs Core Unit (SNUNK-001) being accepted and implemented in the Maker Protocol.

### MIP39c2-SP21

A brief summary of this proposal has been provided by the MIP Author and is shown below:

*Good, new products usually emerge from high-risk endeavours. In the world of traditional software engineering, building a Minimum Viable Product either validates or invalidates your product idea. However, real validation is gained from the market when the MVP is released to the public. Real validation is not the promise to use the product but only the product usage itself.
 While the current setup of the Maker DAO allows for incremental and low-risk improvement of the existing product, the current framework is not set up for pursuing revolutionary product ideas.
 Therefore we propose a new MakerLabs Core Unit that implements new product ideas spanning across the full stack of decentralized technologies. 
 Having full technological responsibility inside a single Core Unit would give MakerLabs the autonomy to move fast and ultimately test and validate new ideas early.*

Please review the links below to inform your position on this proposal before voting.
* [Cannonical Proposal Version](https://github.com/makerdao/mips/blob/3fbfda3cf6326fd0f77cf670f7c0b0cd2dc522b2/MIP39/MIP39c2-Subproposals/MIP39c2-SP21.md)
* [Latest Proposal Version](https://mips.makerdao.com/mips/details/MIP39c2SP21)
* [Proposal Discussion Thread](https://forum.makerdao.com/t/mip39c2-sp21-adding-makerlabs-core-unit/9425)

### MIP40c3-SP32

A brief summary of this proposal has been provided by the MIP Author and is shown below:

*We estimate this budget for the MakerLabs Core Unit to successfully implement and validate MVPs for the Maker ecosystem. More details about the scope and content of the Core Unit can be found here.
 We’re proposing the following budget to deliver on our mandate. This includes, but is not limited to: Implement, Deploy, and Validate MVPs in the Maker ecosystem.*

Please review the links below to inform your position on this proposal before voting.
* [Cannonical Proposal Version](https://github.com/makerdao/mips/blob/5334d4cc29cf9f0dfd1e8bbf326668696e709420/MIP40/MIP40c3-Subproposals/MIP40c3-SP32.md)
* [Latest Proposal Version](https://mips.makerdao.com/mips/details/MIP40c3SP32)
* [Proposal Discussion Thread](https://forum.makerdao.com/t/mip40c3-sp32-adding-makerlabs-core-unit-budget/10108)

### MIP41c4-SP22

A brief summary of this proposal has been provided by the MIP Author and is shown below:

*I joined the crypto ecosystem pretty late (winter 2017) but learned about Maker quite early as there were very few projects around. The idea of taking a loan on a collateral in a permissionless way, without a man in the middle and by that providing a pegged asset into the volatile crypto market was very appealing to me so I started following and using the product. I believe we did a great job so far on focusing on the core without getting distracted too much. However, I think we should start running more experiments - something MakerLabs can support.*

Please review the links below to inform your position on this proposal before voting.
* [Cannonical Proposal Version](https://github.com/makerdao/mips/blob/2cf92ba215147968223ab2c729ee00da3e712dbc/MIP41/MIP41c4-Subproposals/MIP41c4-SP22.md)
* [Latest Proposal Version](https://mips.makerdao.com/mips/details/MIP41c4SP22)
* [Proposal Discussion Thread](https://forum.makerdao.com/t/mip41c4-sp22-facilitator-onboarding-makerlabs/10109)

## Outcomes

This poll implements a **Minimum Positive Participation** value. The Minimum Positive Participation is currently set to **10,000 MKR**.

**If the votes for the 'Yes' option exceed the votes for the 'No' option AND the votes for the 'Yes' option exceed 10,000 MKR, then the following actions will be taken:**
* The MIP Editors will mark these proposals **Accepted** and the Governance Facilitators will confirm their passage on the Governance and Risk call on Thursday, October 28. 
* Any further work required to implement these proposals will be tasked to the relevant [Core Units](https://mips.makerdao.com/mips/details/MIP38#mip38c2-core-unit-state).

**Otherwise, this proposal will be marked as rejected per [MIP51](https://mips.makerdao.com/mips/details/MIP51#mip51c2-ratification-poll).**

---

## Resources

[MIP51: Monthly Governance Cycle](https://mips.makerdao.com/mips/details/MIP51) describes this type of poll and its position and significance within the rest of the governance cycle.

If you are new to voting in the Maker Protocol, please see the [voting guide](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


This MIP proposes MakerLabs Core Unit to implement new product ideas, for which the current framework is not set up, by having full techhnological responsability.

Ratification Poll for Adding MakerLabs Core Unit (SNUNK-001) - October 11, 2021

# Ratification Poll for Modify Core Unit Budget, MKT-001 (MIP40c3-SP33) - October 11, 2021

The Governance Facilitators have placed a ratification poll into the [voting system](https://vote.makerdao.com/polling) as part of the responsibilities defined in [MIP51](https://mips.makerdao.com/mips/details/MIP51). This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for fourteen days beginning on Monday, October 11 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 may vote in this poll to express support or opposition to MIP40c3-SP33 being accepted and implemented in the Maker Protocol.

A brief summary of this proposal has been provided by the MIP Author and is shown below:

*MIP40c3-SP33 adds the budget for Core Unit MKT-001: Content Production for November 2021 through April 2022. We are requesting a 6-month budget allocation of 433,000 DAI or 72,167 DAI per month.*

Please review the links below to inform your position on this proposal before voting.
* [Cannonical Proposal Version](https://github.com/makerdao/mips/blob/3fbfda3cf6326fd0f77cf670f7c0b0cd2dc522b2/MIP40/MIP40c3-Subproposals/MIP40c3-SP33.md)
* [Latest Proposal Version](https://mips.makerdao.com/mips/details/MIP40c3SP33)
* [Proposal Discussion Thread](https://forum.makerdao.com/t/mip40c3-sp33-modify-core-unit-budget-mkt-001/10150)

## Outcomes

This poll implements a **Minimum Positive Participation** value. The Minimum Positive Participation is currently set to **10,000 MKR**.

**If the votes for the 'Yes' option exceed the votes for the 'No' option AND the votes for the 'Yes' option exceed 10,000 MKR, then the following actions will be taken:**
* The MIP Editors will mark the proposal **Accepted** and the Governance Facilitators will confirm its passage on the Governance and Risk call on Thursday, October 28.
* Any further work required to implement the proposal will be tasked to the relevant [Core Units](https://mips.makerdao.com/mips/details/MIP38#mip38c2-core-unit-state).

**Otherwise, this proposal will be marked as rejected per [MIP51](https://mips.makerdao.com/mips/details/MIP51#mip51c2-ratification-poll).**

---

## Resources

[MIP51: Monthly Governance Cycle](https://mips.makerdao.com/mips/details/MIP51) describes this type of poll and its position and significance within the rest of the governance cycle.

If you are new to voting in the Maker Protocol, please see the [voting guide](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


MIP40c3-SP33 adds the budget for Content Production Core Unit (MKT-001) for November 2021 through April 2022.

Ratification Poll for Modify Core Unit Budget, MKT-001 (MIP40c3-SP33) - October 11, 2021

# Ratification Poll for Growth Core Unit Budget, GRO-001 (MIP40c3-SP37) - October 11, 2021

The Governance Facilitators have placed a ratification poll into the [voting system](https://vote.makerdao.com/polling) as part of the responsibilities defined in [MIP51](https://mips.makerdao.com/mips/details/MIP51). This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for fourteen days beginning on Monday, October 11 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 may vote in this poll to express support or opposition to MIP40c3-SP37 being accepted and implemented in the Maker Protocol.

A brief summary of this proposal has been provided by the MIP Author and is shown below:

*This budget proposal covers a total of 8 months (November and December 2021 and H1 2022) to cover the remaining months until the end of the year and the first six months of 2022.*

*Growth CU is requesting an eight months budget allocation of 2,208,484 DAI. 1,117,663 DAI will cover operations, and 1,100,000 DAI will cover the work we’ll do with our partners in the latest stages of the Growth Cycle (adoption campaigns, educational content, etc.). The remaining budget from the previous months (posted in our weekly updates at the beginning of each month) is deducted from the total of the current budget.*

Please review the links below to inform your position on this proposal before voting.
* [Cannonical Proposal Version](https://github.com/makerdao/mips/blob/ebebe52e0acdea10c0bf2bf2b2c5333abc145ae5/MIP40/MIP40c3-Subproposals/MIP40c3-SP37.md)
* [Latest Proposal Version](https://mips.makerdao.com/mips/details/MIP40c3SP37)
* [Proposal Discussion Thread](https://forum.makerdao.com/t/mip40c3-sp37-growth-core-unit-budget-gro-001/10228)

## Outcomes

This poll implements a **Minimum Positive Participation** value. The Minimum Positive Participation is currently set to **10,000 MKR**.

**If the votes for the 'Yes' option exceed the votes for the 'No' option AND the votes for the 'Yes' option exceed 10,000 MKR, then the following actions will be taken:**
* The MIP Editors will mark the proposal **Accepted** and the Governance Facilitators will confirm its passage on the Governance and Risk call on Thursday, October 28. 
* Any further work required to implement the proposal will be tasked to the relevant [Core Units](https://mips.makerdao.com/mips/details/MIP38#mip38c2-core-unit-state).

**Otherwise, this proposal will be marked as rejected per [MIP51](https://mips.makerdao.com/mips/details/MIP51#mip51c2-ratification-poll).**

---

## Resources

[MIP51: Monthly Governance Cycle](https://mips.makerdao.com/mips/details/MIP51) describes this type of poll and its position and significance within the rest of the governance cycle.

If you are new to voting in the Maker Protocol, please see the [voting guide](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


MIP40c3-SP37 adds the budget for Growth Core Unit (GRO-001) for November 2021 through June 2022.

Ratification Poll for Growth Core Unit Budget, GRO-001 (MIP40c3-SP37) - October 11, 2021

# Inclusion Poll for Adding Data Insights Core Unit (DIN-001) - October 11, 2021

The Governance Facilitators have placed a ratification poll into the [voting system](https://vote.makerdao.com/polling) as part of the responsibilities defined in [MIP51](https://mips.makerdao.com/mips/details/MIP51). This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for fourteen days beginning on Monday, October 11 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 may vote in this poll to express support or opposition to Adding Data Insights Core Unit (DIN-001) being accepted and implemented in the Maker Protocol.

### MIP39c2-SP22

A brief summary of this proposal has been provided by the MIP Author and is shown below:

*This subproposal adds a Data Insights Core Unit (“DIN”), responsible for providing free and permissionless datasets based on detailed Maker Protocol history.
 This subproposal has been updated from the original version following very constructive discussion and feedback in the Forum and directly from Core Units and Delegates. The main changes are to reduce the scope (and therefore team and budget requirements) to “core” activities only, and with a focus on Core Units as the main consumer, rather than the wider community, and to increase the independence of the Core Unit.*

Please review the links below to inform your position on this proposal before voting.
* [Cannonical Proposal Version](https://github.com/makerdao/mips/blob/3fbfda3cf6326fd0f77cf670f7c0b0cd2dc522b2/MIP39/MIP39c2-Subproposals/MIP39c2-SP22.md)
* [Latest Proposal Version](https://mips.makerdao.com/mips/details/MIP39c2SP22)
* [Proposal Discussion Thread](https://forum.makerdao.com/t/mip39c2-sp22-adding-data-insights-core-unit-din-001/10208)

### MIP40c3-SP34

A brief summary of this proposal has been provided by the MIP Author and is shown below:

*This subproposal adds the budget for Data Insights Core Unit. It’s a regular monthly budget of 59,050.00 DAI from November 2021 plus a one-off amount of 97,500.00 DAI for provision of data support between June and October 2021, and a one-off initial amount of 10,000 DAI for incorporation and legal costs of an independent entity to house the Core Unit (more information provided below).
 This subproposal has been updated from the original version following feedback in the Forum and directly from Core Units and Delegates. The main changes are to reduce the scope (and therefore team and budget requirements) to “core” activities only, and with a focus on Core Units as the main consumer, rather than the wider community.*

Please review the links below to inform your position on this proposal before voting.
* [Cannonical Proposal Version](https://github.com/makerdao/mips/blob/160e5b32564bbe0a50dfc2ff1c6dc5078dce2742/MIP40/MIP40c3-Subproposals/MIP40c3-SP34.md)
* [Latest Proposal Version](https://mips.makerdao.com/mips/details/MIP40c3SP34)
* [Proposal Discussion Thread](https://forum.makerdao.com/t/mip40c3-sp34-add-data-insights-core-unit-budget-din-001/10210)

### MIP41c4-SP23

A brief summary of this proposal has been provided by the MIP Author and is shown below:

*My name is Tomek Mierzwa.
 I have over 20 years of experience with data engineering, data quality management, data governance and business intelligence.
 For almost two years I’ve been leading the Data Services team in the Foundation. I had a pleasure to work with many of you, providing information and insights, answering questions and building data related products. With the help and inspiration of many people I created the EthTx.info transaction decoder as well as the MCDState, MCDGov and Liq2.0 datasets.
 Currently, after leaving the Foundation I’m involved in building Token Flow, a venture dedicated to monetizing blockchain data inside and outside the DeFi ecosystem. I believe I’m well suited to become a part-time Facilitator of the Data Insights CU and serve MakerDAO with my experience with data and the Protocol.*

Please review the links below to inform your position on this proposal before voting.
* [Cannonical Proposal Version](https://github.com/makerdao/mips/blob/3fbfda3cf6326fd0f77cf670f7c0b0cd2dc522b2/MIP41/MIP41c4-Subproposals/MIP41c4-SP23.md)
* [Latest Proposal Version](https://mips.makerdao.com/mips/details/MIP41c4SP23)
* [Proposal Discussion Thread](https://forum.makerdao.com/t/mip41c4-sp23-facilitator-onboarding-for-data-insights-cu-din-001/10211)

## Outcomes

This poll implements a **Minimum Positive Participation** value. The Minimum Positive Participation is currently set to **10,000 MKR**.

**If the votes for the 'Yes' option exceed the votes for the 'No' option AND the votes for the 'Yes' option exceed 10,000 MKR, then the following actions will be taken:**
* The MIP Editors will mark these proposals **Accepted** and the Governance Facilitators will confirm their passage on the Governance and Risk call on Thursday, October 28. 
* Any further work required to implement these proposals will be tasked to the relevant [Core Units](https://mips.makerdao.com/mips/details/MIP38#mip38c2-core-unit-state).

**Otherwise, this proposal will be marked as rejected per [MIP51](https://mips.makerdao.com/mips/details/MIP51#mip51c2-ratification-poll).**

---

## Resources

[MIP51: Monthly Governance Cycle](https://mips.makerdao.com/mips/details/MIP51) describes this type of poll and its position and significance within the rest of the governance cycle.

If you are new to voting in the Maker Protocol, please see the [voting guide](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


This MIP proposes the Data Insights Core Unit that will be responsible for providing free and permissionless datasets based on detailed Maker Protocol history.

Ratification Poll for Adding Data Insights Core Unit (DIN-001) - October 11, 2021

# Inclusion Poll for Adding the Deco Fixed Rate Core Unit (DECO-001) - October 11, 2021

The Governance Facilitators have placed a ratification poll into the [voting system](https://vote.makerdao.com/polling) as part of the responsibilities defined in [MIP51](https://mips.makerdao.com/mips/details/MIP51). This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for fourteen days beginning on Monday, October 11 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 may vote in this poll to express support or opposition to Adding the Deco Fixed Rate Core Unit (DECO-001) being accepted and implemented in the Maker Protocol.

### MIP39c2-SP23

A brief summary of this proposal has been provided by the MIP Author and is shown below:

*MIP39c2-SP23 establishes a Deco Fixed Rate Core Unit for the integration and maintenance of the Deco protocol facilitating Fixed Rate Vaults. For more information about the history of this MIP, which was originally posted on 5 August 2021, please see [here](https://forum.makerdao.com/t/fixed-rate-vaults-proposal-with-deco-protocol/9707).*

Please review the links below to inform your position on this proposal before voting.
* [Cannonical Proposal Version](https://github.com/makerdao/mips/blob/3fbfda3cf6326fd0f77cf670f7c0b0cd2dc522b2/MIP39/MIP39c2-Subproposals/MIP39c2-SP23.md)
* [Latest Proposal Version](https://mips.makerdao.com/mips/details/MIP39c2SP23)
* [Proposal Discussion Thread](https://forum.makerdao.com/t/mip39c2-sp23-adding-the-deco-fixed-rate-core-unit/10224)

### MIP40c3-SP35

A brief summary of this proposal has been provided by the MIP Author and is shown below:

*The Deco Fixed Rate Core Unit is requesting a Budget for the fixed period of November 1, 2021, through November 1, 2024, (36 Months), with a fixed budget floor of 1,712,500 Dai annually, paid monthly secured in advance quarterly. Deco is not requesting, nor has it included any upfront reimbursement of costs for past work. Instead, Deco has proposed a revenue share model: Maker will pay to Deco 15% of the revenue from the Fixed-Rate CLAIM_FEE token sales only AFTER it has reimbursed the Deco Core Unit operating expenses advanced by Maker.*

Please review the links below to inform your position on this proposal before voting.
* [Cannonical Proposal Version](https://github.com/makerdao/mips/blob/6bdce46663ef9b2706465b7fad798398788f6109/MIP40/MIP40c3-Subproposals/MIP40c3-SP35.md)
* [Latest Proposal Version](https://mips.makerdao.com/mips/details/MIP40c3SP35)
* [Proposal Discussion Thread](https://forum.makerdao.com/t/mip40c3-sp35-deco-fixed-rate-core-unit-budget/10225)

### MIP40c3-SP36

A brief summary of this proposal has been provided by the MIP Author and is shown below:

*MIP40c3-SP36 adds a MKR budget for the Core Unit DECO-001: Deco Fixed Rate Core Unit on a fixed MKR budget of 500 MKR annually, utilizing a 12-month cliff and vesting quarterly, for the fixed period of November 1, 2021, through November 1, 2024, (36 Months).*

Please review the links below to inform your position on this proposal before voting.
* [Cannonical Proposal Version](https://github.com/makerdao/mips/blob/3fbfda3cf6326fd0f77cf670f7c0b0cd2dc522b2/MIP40/MIP40c3-Subproposals/MIP40c3-SP36.md)
* [Latest Proposal Version](https://mips.makerdao.com/mips/details/MIP40c3SP36)
* [Proposal Discussion Thread](https://forum.makerdao.com/t/mip40c3-sp36-deco-fixed-rate-core-unit-mkr-budget/10226)

### MIP41c4-SP24

A brief summary of this proposal has been provided by the MIP Author and is shown below:

*Deco is lead by Vamsi Alluri. Vamsi is deeply invested in the success of both Maker and the proposed Deco Fixed Rate Core Unit as the author of the white paper, whitepaper 1, and the designer and architect of the Deco Protocol. Vamsi is the author of the technical documentation and the Codebase repo of the base protocol implementation on Github.*

Please review the links below to inform your position on this proposal before voting.
* [Cannonical Proposal Version](https://github.com/makerdao/mips/blob/3fbfda3cf6326fd0f77cf670f7c0b0cd2dc522b2/MIP41/MIP41c4-Subproposals/MIP41c4-SP24.md)
* [Latest Proposal Version](https://mips.makerdao.com/mips/details/MIP41c4SP24)
* [Proposal Discussion Thread](https://forum.makerdao.com/t/mip41c4-sp24-facilitator-onboarding-deco-fixed-rate-core-unit/10227)

## Outcomes

This poll implements a **Minimum Positive Participation** value. The Minimum Positive Participation is currently set to **10,000 MKR**.

**If the votes for the 'Yes' option exceed the votes for the 'No' option AND the votes for the 'Yes' option exceed 10,000 MKR, then the following actions will be taken:**
* The MIP Editors will mark these proposals **Accepted** and the Governance Facilitators will confirm their passage on the Governance and Risk call on Thursday, October 28. 
* Any further work required to implement these proposals will be tasked to the relevant [Core Units](https://mips.makerdao.com/mips/details/MIP38#mip38c2-core-unit-state).

**Otherwise, this proposal will be marked as rejected per [MIP51](https://mips.makerdao.com/mips/details/MIP51#mip51c2-ratification-poll).**

---

## Resources

[MIP51: Monthly Governance Cycle](https://mips.makerdao.com/mips/details/MIP51) describes this type of poll and its position and significance within the rest of the governance cycle.

If you are new to voting in the Maker Protocol, please see the [voting guide](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


This MIP proposes the Deco Fixed Rate Core Unit for the integration and maintenance of the Deco Protocol facilitating Fixed Rate Vaults.

Ratification Poll for Adding the Deco Fixed Rate Core Unit (DECO-001) - October 11, 2021

# Poll: Parameter Changes Proposal - MakerDAO Open Market Committee - October 18, 2021

The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the [MakerDAO Open Market Committee](https://forum.makerdao.com/t/parameter-proposal-group-makerdao-open-market-committee/7355). This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for three days beginning on Monday, October 18 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

MKR Token Holders may vote in this poll to express support or opposition to the following parameter changes:

**ETH-A**
* Increase [Target Available Debt](https://makerdao.world/en/learn/governance/module-dciam) (`gap`) from 100 million DAI to 150 million DAI.
* Decrease [Ceiling Increase Cooldown](https://makerdao.world/en/learn/governance/module-dciam) (`ttl`) from 8 hours to 6 hours.

**ETH-B**
* Increase [Maximum Debt Ceiling](https://makerdao.world/en/learn/governance/module-dciam) (`line`) from 300 million DAI to 500 million DAI.
* Increase [Target Available Debt](https://makerdao.world/en/learn/governance/module-dciam) (`gap`) from 10 million DAI to 20 million DAI.
* Decrease [Ceiling Increase Cooldown](https://makerdao.world/en/learn/governance/module-dciam) (`ttl`) from 8 hours to 6 hours.

**WBTC-A**
* Increase [Maximum Debt Ceiling](https://makerdao.world/en/learn/governance/module-dciam) (`line`) from 750 million DAI to 1.5 billion DAI.
* Increase [Target Available Debt](https://makerdao.world/en/learn/governance/module-dciam) (`gap`) from 30 million DAI to 60 million DAI.
* Decrease [Ceiling Increase Cooldown](https://makerdao.world/en/learn/governance/module-dciam) (`ttl`) from 8 hours to 6 hours.

Please review the proposal [thread](https://forum.makerdao.com/t/mid-month-parameter-changes-proposal-ppg-omc-001-2021-10-15/11037) 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:**
* These parameter changes will be included in the weekly Executive Vote on the Friday following the conclusion of this poll.
* If the Friday executive passes, then these changes will become active in the Maker Protocol after the [GSM Pause Delay](https://community-development.makerdao.com/en/learn/governance/param-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](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


Signal your support or opposition to the DC-IAM parameter changes listed in this poll.

Parameter Changes Proposal - MakerDAO Open Market Committee - October 18, 2021

# Poll: Community Greenlight Poll - CurveLP-stETH-ETH (Curve stETH-ETH LP Token) - October 4, 2021

The Governance Facilitators have placed a governance poll into the [voting system](https://vote.makerdao.com/polling) as part of their responsibilities as defined in [MIP9: Community Greenlight](https://mips.makerdao.com/mips/details/MIP9). This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for fourteen days beginning on Monday, October 4 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

This poll asks whether the asset CurveLP-stETH-ETH (Curve stETH-ETH LP Token) should be prioritized for inclusion in the Maker Protocol by the [Core Units](https://mips.makerdao.com/mips/details/MIP38#MIP38c2). 

Please review the collateral onboarding application [thread](https://forum.makerdao.com/t/curvelp-steth-eth-mip6-collateral-onboarding-application/10229) to inform your position before voting.

## Outcomes

**Regardless of the winning option the following actions will be taken at the conclusion of this poll:**
* The 'greenlight score' will be calculated for CurveLP-stETH-ETH (Curve stETH-ETH LP Token) using the formula `Score = 'Yes' Votes - 'No' Votes`
* The 'greenlight score' for CurveLP-stETH-ETH (Curve stETH-ETH LP Token) will be added to the [Collateral Prioritisation Sheet](https://docs.google.com/spreadsheets/d/1IX9e2fyfz7djtDMKn5gMyGsyFxHoY75GncMbAjnSXrM/edit#gid=0) by the Governance Facilitators.
* The [Core Units](https://mips.makerdao.com/mips/details/MIP38#MIP38c2) will use the Collateral Prioritisation Sheet to direct their work on onboarding new collateral types.

---

## Resources

[MIP9: Community Greenlight](https://mips.makerdao.com/mips/details/MIP9) describes this type of poll and goes into more detail about how it interacts with the rest of the collateral onboarding process.

If you are new to voting in the Maker Protocol, please see the [voting guide](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


Signal your support or opposition to prioritising onboarding CurveLP-stETH-ETH (Curve stETH-ETH LP Token).

Community Greenlight Poll - CurveLP-stETH-ETH (Curve stETH-ETH LP Token) - October 4, 2021

# Poll: Nexo Institutional Vault Onboarding - October 11, 2021

The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the Growth Core Unit. This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for three days beginning on Monday, October 11 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

This proposal covers onboarding two new vault types. For each vault type there is a set of initial parameters. Additionally, there are a set of conditions under which both [Nexo](https://nexo.io/) and MakerDAO agree to operate in relation to these vaults if this vote passes successfully. 

### INST-ETH-A - Starting Parameters
Starting [Stability Fee](https://makerdao.world/en/learn/governance/param-stability-fee): 1.5%  
Origination Fee (nib): 0%  
[Liquidation Ratio](https://makerdao.world/en/learn/governance/param-liquidation-ratio): 120%  
Minimum Active CR (peace): 150%  
[Debt Ceiling](https://makerdao.world/en/learn/governance/param-debt-ceiling): 900m  
[cut](https://makerdao.world/en/learn/governance/param-auction-price-function): 0.99  
[step](https://makerdao.world/en/learn/governance/param-auction-price-function): 90 seconds  
[Auction Price Multiplier (buf)](https://makerdao.world/en/learn/governance/param-auction-price-multiplier): 1.20  
[Maximum Auction Drawdown (cusp)](https://makerdao.world/en/learn/governance/param-max-auction-drawdown): 0.4  
[Maximum Auction Duration (tail)](https://makerdao.world/en/learn/governance/param-max-auction-duration): 140 minutes  
[Proportional Kick Incentive (chip)](https://makerdao.world/en/learn/governance/param-proportional-kick-incentive): 0.1%  
[Flat Kick Incentive (tip)](https://makerdao.world/en/learn/governance/param-flat-kick-incentive): 300 DAI  
[Liquidation Penalty (chop)](https://makerdao.world/en/learn/governance/param-liquidation-penalty): 20%  
[Breaker Price Tolerance](https://makerdao.world/en/learn/governance/param-breaker-price-tolerance): 0.5  
[Local Liquidation Limit (Ilk.hole)](https://makerdao.world/en/learn/governance/param-local-liquidation-limit): 50m DAI  
[Debt Floor (dust)](https://makerdao.world/en/learn/governance/param-debt-floor): 10,000 DAI  

### INST-WBTC-A - Starting Parameters
Starting [Stability Fee](https://makerdao.world/en/learn/governance/param-stability-fee): 1.5%  
Origination Fee (nib): 0%  
[Liquidation Ratio](https://makerdao.world/en/learn/governance/param-liquidation-ratio): 120%  
Minimum Active CR (peace): 150%  
[Debt Ceiling](https://makerdao.world/en/learn/governance/param-debt-ceiling): 600m  
[cut](https://makerdao.world/en/learn/governance/param-auction-price-function): 0.99  
[step](https://makerdao.world/en/learn/governance/param-auction-price-function): 90 seconds  
[Auction Price Multiplier (buf)](https://makerdao.world/en/learn/governance/param-auction-price-multiplier): 1.20  
[Maximum Auction Drawdown (cusp)](https://makerdao.world/en/learn/governance/param-max-auction-drawdown): 0.4  
[Maximum Auction Duration (tail)](https://makerdao.world/en/learn/governance/param-max-auction-duration): 140 minutes  
[Proportional Kick Incentive (chip)](https://makerdao.world/en/learn/governance/param-proportional-kick-incentive): 0.1%  
[Flat Kick Incentive (tip)](https://makerdao.world/en/learn/governance/param-flat-kick-incentive): 300 DAI  
[Liquidation Penalty (chop)](https://makerdao.world/en/learn/governance/param-liquidation-penalty): 20%  
[Breaker Price Tolerance](https://makerdao.world/en/learn/governance/param-breaker-price-tolerance): 0.5  
[Local Liquidation Limit (Ilk.hole)](https://makerdao.world/en/learn/governance/param-local-liquidation-limit): 30m DAI  
[Debt Floor (dust)](https://makerdao.world/en/learn/governance/param-debt-floor): 10,000 DAI  

### Operating Conditions

#### Migration
* MakerDAO will facilitate Nexo in migrating their existing positions in the ETH-A and WBTC-A vault types to these two new vault types.
* Nexo will be unable to utilize either of these vault types until they have migrated a total of 400M DAI worth of debt across both vaults.
* A 1% origination fee will be charged on the migrated amount above 400M DAI.
* Once migration has been completed, the following parameters will be set for each vault. These parameters may be freely changed in the future by MakerDAO.
	* Origination Fee: 1%
	* [DC-IAM](https://makerdao.world/en/learn/governance/module-dciam) gap: 50m
	* [DC-IAM](https://makerdao.world/en/learn/governance/module-dciam) ttl: 8h
	* [DC-IAM](https://makerdao.world/en/learn/governance/module-dciam) line: Equal to initial [Debt Ceiling](https://makerdao.world/en/learn/governance/param-debt-ceiling)

#### First Six Months
* Every additional 100m DAI minted in each vault will reduce the [Stability Fee](https://makerdao.world/en/learn/governance/param-stability-fee) by 10 basis points for that vault down to a minimum of 0.5%. The starting point for this calculation is the amount of DAI initially migrated by MakerDAO on behalf of Nexo.
* Failure to maintain 200% CR over the majority of any 7 day period will result in increasing the SF to 5% and increasing the LR to 150%. The 7 day period would be calculated by ensuring that 95% of the OSM updates show that the CR is equal to or greater than 200%.
* The [Stability Fee](https://makerdao.world/en/learn/governance/param-stability-fee) will not change in the initial six months with the exception of changes under the previous two points.
* Reductions in [Stability Fee](https://makerdao.world/en/learn/governance/param-stability-fee) are not automatic, and must be voted through by Maker Governance. The Growth Core Unit is responsible for initiating reduction proposals on behalf of Nexo.

#### Subsequent Six Months
* The Growth Core Unit will facilitate discussions to determine parameters and terms for the subsequent six months prior to the end of the first six months.
* If the first six month ends without a decision, the previous risk parameters and operating conditions will persist until a decision is made.
* The [Stability Fee](https://makerdao.world/en/learn/governance/param-stability-fee) will only increase by a maximum of 1% over each six months period so long as **none** of the 'Exceptional Conditions' listed below are met.

#### Exceptional Conditions
* The total amount of fixed rate debt is more than 50% of MakerDAO's debt backed by stablecoin collateral (including stablecoin LP positions.)

### Links and Comments
* This poll text has been reviewed and agreed on by the GovAlpha Core Unit, the Growth Core Unit, the Risk Core Unit, the Protocol Engineering Core Unit, and [Nexo](https://nexo.io/).
* This agreement represents our best attempt at setting mutually agreeable conditions for both parties. However, changes may be proposed if both Nexo and the involved Core Units agree that these conditions are in some way unsuitable.
* Please review the discussion [thread](https://forum.makerdao.com/t/signal-request-nexo-institutional-vault/10046) to help inform your position before voting. 
* For further details on the contract mechanisms used to implement this vault type, check [MIP59](https://mips.makerdao.com/mips/details/MIP59).
* A Risk evaluation is available [here](https://forum.makerdao.com/t/nexo-institutional-vault-collateral-onboarding-risk-evaluation/10524).
* A revenue impact assessment is available [here](https://forum.makerdao.com/t/institutional-vaults-economics-terms/9989).

## Outcomes

**If the votes for the 'Yes' option exceed the votes for the 'No' option then the following actions will be taken:**
* These vaults will be onboarded and migration of Nexo's positions will take place in a future executive vote as the Protocol Engineering Core Unit's schedule allows. 
* 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](https://community-development.makerdao.com/en/learn/governance/param-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](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


Signal your support or opposition to Nexo Institutional Vault Onboarding.

Nexo Institutional Vault Onboarding - October 11, 2021

# Poll: Add stETH (Lido Staked ETH) as a new Vault Type - October 11, 2021

The Governance Facilitators have placed a Governance Poll into the [voting system](https://vote.makerdao.com/polling) on behalf of the MakerDAO mandated actors. This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for three days beginning on Monday, October 11 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

This poll allows the MakerDAO governance community to signal their support or opposition to adding stETH (Lido Staked ETH) as a new vault type in the Maker Protocol with the parameters below:

### Initial Collateral Parameters

* Underlying Collateral: stETH (Lido Staked ETH)
* [Stability Fee](https://community-development.makerdao.com/en/learn/governance/param-stability-fee): 4%
* [Liquidation Ratio](https://community-development.makerdao.com/en/learn/governance/param-liquidation-ratio): 160%
* [Debt Ceiling (`line`)](https://community-development.makerdao.com/en/learn/governance/param-debt-ceiling): 5 million DAI
* [Debt Floor (`dust`)](https://community-development.makerdao.com/en/learn/governance/param-debt-floor): 10,000 DAI
* [Target Available Debt (`gap`)](https://makerdao.world/en/learn/governance/module-dciam): 3 million DAI
* [Ceiling Increase Cooldown (`ttl`)](https://makerdao.world/en/learn/governance/module-dciam): 8 hours

### Liquidation Parameters

* [Auction Price Function (`calc`)](https://community-development.makerdao.com/en/learn/governance/param-auction-price-function): Stairstep Exponential
* [Price Change Multiplier (`cut`)](https://community-development.makerdao.com/en/learn/governance/param-auction-price-function): 0.99
* [Price Change Interval (`step`)](https://community-development.makerdao.com/en/learn/governance/param-auction-price-function): 90 seconds
* [Auction Price Multiplier (`buf`)](https://community-development.makerdao.com/en/learn/governance/param-auction-price-multiplier): 1.3
* [Liquidation Penalty (`chop`)](https://community-development.makerdao.com/en/learn/governance/param-liquidation-penalty): 13%

**Limits**

* [Local Liquidation Limit (`ilk.hole`)](https://community-development.makerdao.com/en/learn/governance/param-local-liquidation-limit): 3 million DAI
* [Maximum Auction Drawdown (`cusp`)](https://community-development.makerdao.com/en/learn/governance/param-max-auction-drawdown): 0.4
* [Maximum Auction Duration (`tail`)](https://community-development.makerdao.com/en/learn/governance/param-max-auction-duration): 140 minutes
* [Breaker Price Tolerance (`tolerance`)](https://community-development.makerdao.com/en/learn/governance/param-breaker-price-tolerance): 0.5

**Incentives**

* [Proportional Kick Incentive (`chip`)](https://community-development.makerdao.com/en/learn/governance/param-proportional-kick-incentive): 0.1%
* [Flat Kick Incentive (`tip`)](https://community-development.makerdao.com/en/learn/governance/param-flat-kick-incentive): 300 DAI

Please review the following forum threads containing information about stETH (Lido Staked ETH) to inform your position before voting.
* [Proposal Thread](https://forum.makerdao.com/t/steth-mip6-collateral-onboarding/5762)
* [Risk Core Unit Evaluation](https://forum.makerdao.com/t/steth-collateral-onboarding-risk-evaluation/9061)
* [Protocol Engineering Core Unit Evaluation](https://forum.makerdao.com/t/steth-erc20-token-smart-contract-technical-assessment/9284)
* [Oracles Core Unit Evaluation](https://forum.makerdao.com/t/wsteth-collateral-onboarding-oracle-assessment-mip10c3-sp42/10881)

## Outcomes

**If the votes for the 'Yes' option exceed the votes for the 'No' option then the following actions will be taken:**
* stETH (Lido Staked ETH) will be onboarded in a future executive vote as the Protocol Engineering Core Unit's schedule allows. 
* 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](https://community-development.makerdao.com/en/learn/governance/param-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](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


This poll proposes system parameters which could be used to initialize stETH (Lido Staked ETH) as a new vault type.

Add stETH (Lido Staked ETH) as a new Vault Type - October 11, 2021

# Poll: Increase the GUNIV3DAIUSDC1-A Debt Ceiling - October 11, 2021

The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the Protocol Engineering Core unit. This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for three days beginning on Monday, October 11 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 

MKR Token Holders may vote in this poll to express support or opposition to adjusting the GUNIV3DAIUSDC1-A [Debt Ceiling](https://community-development.makerdao.com/en/learn/governance/param-debt-ceiling):
* Increase from 10 million DAI to 50 million DAI.

Please review the discussion [thread](https://forum.makerdao.com/t/request-to-raise-the-g-uni-dc-to-50m/10838) to inform your position on this issue 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 parameter change will be included in the weekly Executive Vote on the Friday following the conclusion of this poll. 
* If the Friday executive passes, then this parameter change will become active in the Maker Protocol after the [GSM Pause Delay](https://community-development.makerdao.com/en/learn/governance/param-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

Unsure about the Debt Ceiling parameter and what you should take into account when voting? Check out the parameter documentation [here](https://community-development.makerdao.com/en/learn/governance/param-debt-ceiling).

If you are new to voting in the Maker Protocol, please see the [voting guide](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


Signal your support or opposition for adjusting the GUNIV3DAIUSDC1-A Debt Ceiling from 10 million DAI to 50 million DAI.

Increase the GUNIV3DAIUSDC1-A Debt Ceiling - October 11, 2021

# Poll: Add the Aave Direct Deposit DAI Module - October 11, 2021

The Governance Facilitators have placed a Governance Poll into the [voting system](https://vote.makerdao.com/polling) on behalf of the MakerDAO mandated actors. This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for three days beginning on Monday, October 11 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

This poll allows the MakerDAO governance community to signal their support or opposition to adding the Aave Direct Deposit DAI Module in the Maker Protocol with the parameters below:

### Initial Parameters

* [Maximum Debt Ceiling (`line`)](https://makerdao.world/en/learn/governance/module-dciam): 10 million DAI
* [Target Available Debt (`gap`)](https://makerdao.world/en/learn/governance/module-dciam): 10 million DAI
* [Ceiling Increase Cooldown (`ttl`)](https://makerdao.world/en/learn/governance/module-dciam): 12 hours
* Target Borrow Rate at Aave v2 DAI market: 4%


Please review the following forum threads containing information about the Aave Direct Deposit DAI Module to inform your position before voting.
* [Discussion Thread](https://forum.makerdao.com/t/discussion-direct-deposit-dai-module-d3m/7357)
* [MIP Thread](https://forum.makerdao.com/t/mip50-direct-deposit-module/7356)
* [Risk Core Unit Evaluation](https://forum.makerdao.com/t/d3m-risk-assessment/9353)
* [Protocol Engineering Core Unit Evaluation](https://forum.makerdao.com/t/direct-aavev2-dai-direct-deposit-module-technical-assessment/10751)

## Outcomes

**If the votes for the 'Yes' option exceed the votes for the 'No' option then the following actions will be taken:**
* The Aave Direct Deposit DAI Module will be onboarded in a future executive vote as the Protocol Engineering Core Unit's schedule allows. 
* 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](https://community-development.makerdao.com/en/learn/governance/param-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](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


This poll proposes system parameters which could be used to initialize the Aave Direct Deposit DAI Module (D3M).

Add the Aave Direct Deposit DAI Module (D3M) - October 11, 2021

# Poll: PaperImperium Supplemental Compensation - October 11, 2021

The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the Maker Community. This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for three days beginning on Monday, October 11 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: 
* **Transfering 50,000 DAI** to recognized delegate PaperImperium as Supplemental Compensation. 

PaperImperium has provided the following breakdown for how he intends to use the funds:

- *10,000 DAI earmarked to be the retainer for legal counsel. This is the amount quoted to me by several high-quality law firms, and I have a specific firm selected, if they will accept me as a client and still have no conflicting current clients.*

- *20,000 DAI earmarked to purchase MKR on the open market within 7 days of receipt. Field Technologies, Inc (my company, and the owner of the delegation contract and through which I conduct all MakerDAO activities) holds less than 5 MKR. I hold no crypto assets outside of Field Technologies, Inc.*

- *2500 DAI earmarked for taxes on the 20,000 DAI to purchase MKR. My effective tax rate is typically around 13%.*

- *17,500 DAI as supplemental income to (partially) offset forgone income from less time spent as a cultural resources consultant (archaeology).*

Please review the discussion [thread](https://forum.makerdao.com/t/signal-request-paperimperium-supplemental-compensation/10454) 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 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](https://community-development.makerdao.com/en/learn/governance/param-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](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


Signal your support or opposition to providing compensation in the amount of 50,000 DAI to recognized delegate PaperImperium.

PaperImperium Supplemental Compensation - October 11, 2021

# Poll: Offboard the BAT-A Vault Type - October 4, 2021

The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the MakerDAO Community. This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for three days beginning on Monday, October 4 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: 
* Lower the BAT-A [Liquidation Penalty (chop)](https://makerdao.world/en/learn/governance/param-liquidation-penalty/) to 0%.
* Lower the BAT-A [Debt Ceiling (line)](https://makerdao.world/en/learn/governance/param-debt-ceiling) to 0 DAI.
* Increase the BAT-A [Liquidation Ratio](https://makerdao.world/en/learn/governance/param-liquidation-ratio/) over 60 days using dss-lerp such that all vaults are liquidated by the end of that period.

Please review the discussion [thread](https://forum.makerdao.com/t/signal-request-offboard-mana-bat-zrx-lrc-univ2-linketh-and-univ2-aaveeth/10467) 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:**
* 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 these changes will become active in the Maker Protocol after the [GSM Pause Delay](https://community-development.makerdao.com/en/learn/governance/param-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](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


Signal your support or opposition to offboard the BAT-A vault type.

Offboard the BAT-A Vault Type - October 4, 2021

# Poll: Offboard the ZRX-A Vault Type - October 4, 2021

The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the MakerDAO Community. This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for three days beginning on Monday, October 4 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: 
* Lower the ZRX-A [Liquidation Penalty (chop)](https://makerdao.world/en/learn/governance/param-liquidation-penalty/) to 0%.
* Lower the ZRX-A [Debt Ceiling (line)](https://makerdao.world/en/learn/governance/param-debt-ceiling) to 0 DAI.
* Increase the ZRX-A [Liquidation Ratio](https://makerdao.world/en/learn/governance/param-liquidation-ratio/) over 60 days using dss-lerp such that all vaults are liquidated by the end of that period.

Please review the discussion [thread](https://forum.makerdao.com/t/signal-request-offboard-mana-bat-zrx-lrc-univ2-linketh-and-univ2-aaveeth/10467) 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:**
* 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 these changes will become active in the Maker Protocol after the [GSM Pause Delay](https://community-development.makerdao.com/en/learn/governance/param-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](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


Signal your support or opposition to offboard the ZRX-A vault type.

Offboard the ZRX-A Vault Type - October 4, 2021

# Poll: Offboard the LRC-A Vault Type - October 4, 2021

The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the MakerDAO Community. This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for three days beginning on Monday, October 4 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: 
* Lower the LRC-A [Liquidation Penalty (chop)](https://makerdao.world/en/learn/governance/param-liquidation-penalty/) to 0%.
* Lower the LRC-A [Debt Ceiling (line)](https://makerdao.world/en/learn/governance/param-debt-ceiling) to 0 DAI.
* Increase the LRC-A [Liquidation Ratio](https://makerdao.world/en/learn/governance/param-liquidation-ratio/) over 60 days using dss-lerp such that all vaults are liquidated by the end of that period.

Please review the discussion [thread](https://forum.makerdao.com/t/signal-request-offboard-mana-bat-zrx-lrc-univ2-linketh-and-univ2-aaveeth/10467) 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:**
* 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 these changes will become active in the Maker Protocol after the [GSM Pause Delay](https://community-development.makerdao.com/en/learn/governance/param-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](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


Signal your support or opposition to offboard the LRC-A vault type.

Offboard the LRC-A Vault Type - October 4, 2021

# Poll: Offboard the UNIV2LINKETH-A Vault Type - October 4, 2021

The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the MakerDAO Community. This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for three days beginning on Monday, October 4 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: 
* Lower the UNIV2LINKETH-A [Liquidation Penalty (chop)](https://makerdao.world/en/learn/governance/param-liquidation-penalty/) to 0%.
* Lower the UNIV2LINKETH-A [Debt Ceiling (line)](https://makerdao.world/en/learn/governance/param-debt-ceiling) to 0 DAI.
* Increase the UNIV2LINKETH-A [Liquidation Ratio](https://makerdao.world/en/learn/governance/param-liquidation-ratio/) over 60 days using dss-lerp such that all vaults are liquidated by the end of that period.

Please review the discussion [thread](https://forum.makerdao.com/t/signal-request-offboard-mana-bat-zrx-lrc-univ2-linketh-and-univ2-aaveeth/10467) 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:**
* 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 these changes will become active in the Maker Protocol after the [GSM Pause Delay](https://community-development.makerdao.com/en/learn/governance/param-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](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


Signal your support or opposition to offboard the UNIV2LINKETH-A vault type.

Offboard the UNIV2LINKETH-A Vault Type - October 4, 2021

# Poll: Offboard the UNIV2AAVEETH-A Vault Type - October 4, 2021

The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the MakerDAO Community. This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for three days beginning on Monday, October 4 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: 
* Lower the UNIV2AAVEETH-A [Liquidation Penalty (chop)](https://makerdao.world/en/learn/governance/param-liquidation-penalty/) to 0%.
* Lower the UNIV2AAVEETH-A [Debt Ceiling (line)](https://makerdao.world/en/learn/governance/param-debt-ceiling) to 0 DAI.
* Increase the UNIV2AAVEETH-A [Liquidation Ratio](https://makerdao.world/en/learn/governance/param-liquidation-ratio/) over 60 days using dss-lerp such that all vaults are liquidated by the end of that period.

Please review the discussion [thread](https://forum.makerdao.com/t/signal-request-offboard-mana-bat-zrx-lrc-univ2-linketh-and-univ2-aaveeth/10467) 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:**
* 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 these changes will become active in the Maker Protocol after the [GSM Pause Delay](https://community-development.makerdao.com/en/learn/governance/param-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](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


Signal your support or opposition to offboard the UNIV2AAVEETH-A vault type.

Offboard the UNIV2AAVEETH-A Vault Type - October 4, 2021

# Poll: Community Greenlight Poll - REIF-DROP (Commercial Real Estate Assets DROP) - September 20, 2021

The Governance Facilitators have placed a governance poll into the [voting system](https://vote.makerdao.com/polling) as part of their responsibilities as defined in [MIP9: Community Greenlight](https://mips.makerdao.com/mips/details/MIP9). This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for fourteen days beginning on September 20, 2021 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

This poll asks whether the asset REIF-DROP (Commercial Real Estate Assets DROP) should be prioritized for inclusion in the Maker Protocol by the [Core Units](https://mips.makerdao.com/mips/details/MIP38#mip38c2-core-unit-state). 

Please review the collateral onboarding application [thread](https://forum.makerdao.com/t/reif-drop-mip6-application-reif-drop-commercial-real-estate-assets/10169) to inform your position before voting.

## Outcomes

**Regardless of the winning option the following actions will be taken at the conclusion of this poll:**
* The 'greenlight score' will be calculated for REIF-DROP (Commercial Real Estate Assets DROP) using the formula `Score = 'Yes' Votes - 'No' Votes`
* The 'greenlight score' for REIF-DROP (Commercial Real Estate Assets DROP) will be added to the [Collateral Prioritisation Sheet](https://docs.google.com/spreadsheets/d/1IX9e2fyfz7djtDMKn5gMyGsyFxHoY75GncMbAjnSXrM/edit#gid=0) by the Governance Facilitators.
* The [Core Units](https://mips.makerdao.com/mips/details/MIP38#mip38c2-core-unit-state) will use the Collateral Prioritisation Sheet to direct their work on onboarding new collateral types.

---

## Resources

[MIP9: Community Greenlight](https://mips.makerdao.com/mips/details/MIP9) describes this type of poll and goes into more detail about how it interacts with the rest of the collateral onboarding process.

If you are new to voting in the Maker Protocol, please see the [voting guide](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


Signal your support or opposition to prioritising onboarding REIF-DROP (Commercial Real Estate Assets DROP).

Community Greenlight Poll - REIF-DROP (Commercial Real Estate Assets DROP) - September 20, 2021

# Poll: Community Greenlight Poll - SB-DDC (Solid Block Detox Digital Coins) - September 20, 2021

The Governance Facilitators have placed a governance poll into the [voting system](https://vote.makerdao.com/polling) as part of their responsibilities as defined in [MIP9: Community Greenlight](https://mips.makerdao.com/mips/details/MIP9). This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for fourteen days beginning on September 20, 2021 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

This poll asks whether the asset SB-DDC (Solid Block Detox Digital Coins) should be prioritized for inclusion in the Maker Protocol by the [Core Units](https://mips.makerdao.com/mips/details/MIP38#mip38c2-core-unit-state). 

Please review the collateral onboarding application [thread](https://forum.makerdao.com/t/sb-ddc-mip6-application-membership-interests-in-detox-medical-digital-series-of-solidblock-holdings-llc-in-the-form-of-cryptographic-digital-tokens-ddcs-a-solidblock-offering/10063) to inform your position before voting.

## Outcomes

**Regardless of the winning option the following actions will be taken at the conclusion of this poll:**
* The 'greenlight score' will be calculated for SB-DDC (Solid Block Detox Digital Coins) using the formula `Score = 'Yes' Votes - 'No' Votes`
* The 'greenlight score' for SB-DDC (Solid Block Detox Digital Coins) will be added to the [Collateral Prioritisation Sheet](https://docs.google.com/spreadsheets/d/1IX9e2fyfz7djtDMKn5gMyGsyFxHoY75GncMbAjnSXrM/edit#gid=0) by the Governance Facilitators.
* The [Core Units](https://mips.makerdao.com/mips/details/MIP38#mip38c2-core-unit-state) will use the Collateral Prioritisation Sheet to direct their work on onboarding new collateral types.

---

## Resources

[MIP9: Community Greenlight](https://mips.makerdao.com/mips/details/MIP9) describes this type of poll and goes into more detail about how it interacts with the rest of the collateral onboarding process.

If you are new to voting in the Maker Protocol, please see the [voting guide](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


Signal your support or opposition to prioritising onboarding SB-DDC (Solid Block Detox Digital Coins).

Community Greenlight Poll - SB-DDC (Solid Block Detox Digital Coins) - September 20, 2021


# Poll: Offboard USDT Collateral Types - September 27, 2021

The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the MakerDAO Community. This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for three days beginning on Monday, September 27 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: 
* Lower the USDT-A [Liquidation Penalty (`chop`)](https://makerdao.world/en/learn/governance/param-liquidation-penalty/) to 0%.
* Increase the USDT-A [Liquidation Ratio](https://makerdao.world/en/learn/governance/param-liquidation-ratio/) from 150% to 300% to trigger liquidation of all remaining vaults.

Please review the discussion [thread](https://forum.makerdao.com/t/signal-request-offboard-usdt-collateral-types/10223) 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 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](https://community-development.makerdao.com/en/learn/governance/param-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](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


Signal your support or opposition to Offboard USDT Collateral Types.

Offboard USDT Collateral Types - September 27, 2021

# Inclusion Poll for Strategic Happiness Core Unit, SH-001 - September 13, 2021

The Governance Facilitators have placed a ratification poll into the [voting system](https://vote.makerdao.com/polling) as part of the responsibilities defined in [MIP51](https://mips.makerdao.com/mips/details/MIP51). This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for fourteen days beginning on Monday, September 13 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 may vote in this poll to express support or opposition to Add Strategic Happiness Core Unit, SH-001 being accepted and implemented in the Maker Protocol.

### Strategic Happiness Core Unit - Mandate

A brief summary of this proposal has been provided by the MIP Author and is shown below:

*MIP39c2-SP11 adds Core Unit SH-001: Strategic Happiness which focuses on making people happy and creating a community by Shitposting and sending Airdrops.*

Please review the links below to inform your position on this proposal before voting.
* [Cannonical Proposal Version](https://github.com/makerdao/mips/blob/597512747641658bc38c72bc17d1c84e43153c2b/MIP39/MIP39c2-Subproposals/MIP39c2-SP11.md)
* [Latest Proposal Version](https://mips.makerdao.com/mips/details/MIP39c2SP11)
* [Proposal Discussion Thread](https://forum.makerdao.com/t/mip39c2-sp11-strategic-happiness-core-unit/8006)

### Add Core Unit Budget, SH-001

A brief summary of this proposal has been provided by the MIP Author and is shown below:

*MIP40c3-SP16 adds the budget for the Strategic Happiness Core Unit, SH-001. It includes the budget breakdown for Dai and MKR.*

Please review the links below to inform your position on this proposal before voting.
* [Cannonical Proposal Version](https://github.com/makerdao/mips/blob/597512747641658bc38c72bc17d1c84e43153c2b/MIP40/MIP40c3-Subproposals/MIP40c3-SP16.md)
* [Latest Proposal Version](https://mips.makerdao.com/mips/details/MIP40c3SP16)
* [Proposal Discussion Thread](https://forum.makerdao.com/t/mip40c3-sp16-the-strategic-happiness-core-unit-budget-sh-001/8007)

### Facilitator Onboarding, SH-001

A brief summary of this proposal has been provided by the MIP Author and is shown below:

*MIP41c4-SP11 onboards Andrew Burban as the Shitpost Facilitator for the Strategic Happiness Core Unit, SH-001.*

Please review the links below to inform your position on this proposal before voting.
* [Cannonical Proposal Version](https://github.com/makerdao/mips/blob/597512747641658bc38c72bc17d1c84e43153c2b/MIP41/MIP41c4-Subproposals/MIP41c4-SP11.md)
* [Latest Proposal Version](https://mips.makerdao.com/mips/details/MIP41c4SP11)
* [Proposal Discussion Thread](https://forum.makerdao.com/t/mip41c4-sp11-shitpost-facilitator-onboarding-strategic-happiness-core-unit-sh-001/8008)

## Outcomes

This poll implements a **Minimum Positive Participation** value. The Minimum Positive Participation is currently set to **10,000 MKR**.

**If the votes for the 'Yes' option exceed the votes for the 'No' option AND the votes for the 'Yes' option exceed 10,000 MKR, then the following actions will be taken:**
* The MIP Editors will mark these proposals **Accepted** and the Governance Facilitators will confirm their passage on the Governance and Risk call on Thursday, September 30. 
* Any further work required to implement these proposals will be tasked to the relevant [Core Units](https://mips.makerdao.com/mips/details/MIP38#mip38c2-core-unit-state).

**Otherwise, this proposal will be marked as rejected per [MIP51](https://mips.makerdao.com/mips/details/MIP51#mip51c2-ratification-poll).**

---

## Resources

[MIP51: Monthly Governance Cycle](https://mips.makerdao.com/mips/details/MIP51) describes this type of poll and its position and significance within the rest of the governance cycle.

If you are new to voting in the Maker Protocol, please see the [voting guide](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


This MIP set adds the Strategic Happiness Core Unit, SH-001

Ratification Poll for Strategic Happiness Core Unit, SH-001 - September 13, 2021

# Ratification Poll for MIP58: RWA Foundations (MIP58) - September 13, 2021

The Governance Facilitators have placed a ratification poll into the [voting system](https://vote.makerdao.com/polling) as part of the responsibilities defined in [MIP51](https://mips.makerdao.com/mips/details/MIP51). This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for fourteen days beginning on Monday, September 13 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 may vote in this poll to express support or opposition to MIP58: RWA Foundations being accepted and implemented in the Maker Protocol.

A brief summary of this proposal has been provided by the MIP Author and is shown below:

*MIP58: The RWA Foundation is a Cayman Islands legal entity whose purpose is to manage Real-World Assets investments using the Maker Protocol. The Foundation is administered by one or more supervisors, one or more directors, optional committees and optional authorized signers. This MIP defines how MakerDAO can communicate with the supervisors and the directors of such a Foundation. MakerDAO could use multiple Foundations to achieve its goals.*

Please review the links below to inform your position on this proposal before voting.
* [Cannonical Proposal Version](https://github.com/makerdao/mips/blob/597512747641658bc38c72bc17d1c84e43153c2b/MIP58/MIP58.md)
* [Latest Proposal Version](https://mips.makerdao.com/mips/details/MIP58)
* [Proposal Discussion Thread](https://forum.makerdao.com/t/mip58-rwa-foundations/9680)

## Outcomes

This poll implements a **Minimum Positive Participation** value. The Minimum Positive Participation is currently set to **10,000 MKR**.

**If the votes for the 'Yes' option exceed the votes for the 'No' option AND the votes for the 'Yes' option exceed 10,000 MKR, then the following actions will be taken:**
* The MIP Editors will mark the proposal **Accepted** and the Governance Facilitators will confirm its passage on the Governance and Risk call on Thursday, September 30.
* Any further work required to implement the proposal will be tasked to the relevant [Core Units](https://mips.makerdao.com/mips/details/MIP38#mip38c2-core-unit-state).

**Otherwise, this proposal will be marked as rejected per [MIP51](https://mips.makerdao.com/mips/details/MIP51#mip51c2-ratification-poll).**

---

## Resources

[MIP51: Monthly Governance Cycle](https://mips.makerdao.com/mips/details/MIP51) describes this type of poll and its position and significance within the rest of the governance cycle.

If you are new to voting in the Maker Protocol, please see the [voting guide](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


RWA Foundations (MIP58) defines the RWA Foundation concept, its scope and formalizes how MakerDAO can guide a RWA Foundation.

Ratification Poll for RWA Foundations (MIP58) - September 13, 2021

# Inclusion Poll for StarkNet Engineering Core Unit, SNE-001 - September 13, 2021

The Governance Facilitators have placed a ratification poll into the [voting system](https://vote.makerdao.com/polling) as part of the responsibilities defined in [MIP51](https://mips.makerdao.com/mips/details/MIP51). This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for fourteen days beginning on Monday, September 13 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 may vote in this poll to express support or opposition to Add StarkNet Engineering Core Unit, SNE-001 being accepted and implemented in the Maker Protocol.

### StarkNet Engineering Core Unit - Mandate

A brief summary of this proposal has been provided by the MIP Author and is shown below:

*This proposal is a plan to build a DAI bridge over Starknet within 3 months (phase I). A detailed plan and budget to enable minting DAI (phase II) will be the subject of another proposal and governance vote.*

Please review the links below to inform your position on this proposal before voting.
* [Cannonical Proposal Version](https://github.com/makerdao/mips/blob/597512747641658bc38c72bc17d1c84e43153c2b/MIP39/MIP39c2-Subproposals/MIP39c2-SP19.md)
* [Latest Proposal Version](https://mips.makerdao.com/mips/details/MIP39c2SP19)
* [Proposal Discussion Thread](https://forum.makerdao.com/t/mip39c2-sp19-adding-the-starknet-engineering-core-unit-sne-001/9745)

### Add Core Unit Budget, SNE-001

A brief summary of this proposal has been provided by the MIP Author and is shown below:

*This budget is for the StarkNet Engineering Core Unit to be able to succeed in its mandate, specifically; to build a bridge to StarkNet that is upgradeable through governance.*

Please review the links below to inform your position on this proposal before voting.
* [Cannonical Proposal Version](https://github.com/makerdao/mips/blob/597512747641658bc38c72bc17d1c84e43153c2b/MIP40/MIP40c3-Subproposals/MIP40c3-SP28.md)
* [Latest Proposal Version](https://mips.makerdao.com/mips/details/MIP40c3SP28)
* [Proposal Discussion Thread](https://forum.makerdao.com/t/mip40c3-sp28-modify-core-unit-budget-starknet-engineering-sne-001/9791)

### Facilitator Onboarding, SNE-001

A brief summary of this proposal has been provided by the MIP Author and is shown below:

*I have a genuine interest and respect for the Maker protocol and deFi in general. The decentralization of the financial system is a topic I have been passionate about since 2009. In 2011 I wrote two master’s theses on the subprimes crisis and the lack of transparency in transactions and packaging of structured debt products. I am (strangely) passionate about risk management and debt products. I started my career doing valuation of high yield debt portfolios in traditional finance, then built debt models for project finance, then built a risk management company for crypto assets, then built a lending product with a crypto custodian.*

Please review the links below to inform your position on this proposal before voting.
* [Cannonical Proposal Version](https://github.com/makerdao/mips/blob/597512747641658bc38c72bc17d1c84e43153c2b/MIP41/MIP41c4-Subproposals/MIP41c4-SP20.md)
* [Latest Proposal Version](https://mips.makerdao.com/mips/details/MIP41c4SP20)
* [Proposal Discussion Thread](https://forum.makerdao.com/t/mip41c4-sp20-facilitator-onboarding-for-starknet-engineering-core-unit-sne-001/9782)

## Outcomes

This poll implements a **Minimum Positive Participation** value. The Minimum Positive Participation is currently set to **10,000 MKR**.

**If the votes for the 'Yes' option exceed the votes for the 'No' option AND the votes for the 'Yes' option exceed 10,000 MKR, then the following actions will be taken:**
* The MIP Editors will mark these proposals **Accepted** and the Governance Facilitators will confirm their passage on the Governance and Risk call on Thursday, September 30. 
* Any further work required to implement these proposals will be tasked to the relevant [Core Units](https://mips.makerdao.com/mips/details/MIP38#mip38c2-core-unit-state).

**Otherwise, this proposal will be marked as rejected per [MIP51](https://mips.makerdao.com/mips/details/MIP51#mip51c2-ratification-poll).**

---

## Resources

[MIP51: Monthly Governance Cycle](https://mips.makerdao.com/mips/details/MIP51) describes this type of poll and its position and significance within the rest of the governance cycle.

If you are new to voting in the Maker Protocol, please see the [voting guide](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


This MIP set adds the StarkNet Engineering Core Unit, SNE-001.

Ratification Poll for StarkNet Engineering Core Unit, SNE-001 - September 13, 2021

# Inclusion Poll for Development & UX Core Unit, DUX-001 - September 13, 2021

The Governance Facilitators have placed a ratification poll into the [voting system](https://vote.makerdao.com/polling) as part of the responsibilities defined in [MIP51](https://mips.makerdao.com/mips/details/MIP51). This Governance [Poll](https://community-development.makerdao.com/en/learn/governance/on-chain-gov) will be active for fourteen days beginning on Monday, September 13 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 may vote in this poll to express support or opposition to Development & UX Core Unit, DUX-001 being accepted and implemented in the Maker Protocol.

### Development & UX Core Unit - Mandate

A brief summary of this proposal has been provided by the MIP Author and is shown below:

*Our vision is to provide the best governance user experience following key governing principles such as accessibility, neutrality, and transparency. We want to do so by:*

* *Facilitating an optimal decision-making process, allowing routine decisions to be executed in a fast and frictionless manner, while complex or controversial decisions are thoughtfully deliberated.*
* *Providing easy access to information for governance users by helping them find what they need, when they need it by creating informative data analytics, uncovering insights, and highlighting the impact of voter’s decisions.*
* *Surfacing the available options by facilitating discussion and collaboration.*
* *Creating a frictionless user experience with simple, fast, available, and intuitive user interfaces.*
* *Ensuring security not just for the user and their assets, but most importantly, security for the protocol, avoiding governance manipulation and attacks.*
* *Ensuring availability of the governance UIs and the required blockchain data.*
* *Real-time monitoring of the health and safety of the system.*
* *Encouraging safe behavior through the user experience.*
* *Encouraging participation to secure the majority of MKR tokens.*
* *Bringing governance within the industry forward by nurturing a community of Maker enthusiasts and inspiring the broader DeFi space.*

Please review the links below to inform your position on this proposal before voting.
* [Cannonical Proposal Version](https://github.com/makerdao/mips/blob/597512747641658bc38c72bc17d1c84e43153c2b/MIP39/MIP39c2-Subproposals/MIP39c2-SP18.md)
* [Latest Proposal Version](https://mips.makerdao.com/mips/details/MIP39c2SP18)
* [Proposal Discussion Thread](https://forum.makerdao.com/t/mip39c2-sp18-adding-development-ux-core-unit-dux-001/9770)

### Add Core Unit Budget, DUX-001

A brief summary of this proposal has been provided by the MIP Author and is shown below:

*MIP40c3-SP26 adds the budget for Core Unit DUX-001: Development and UX. It contains:*

* *Total Budget Cap: The hard limit voted on by Governance*
* *First-month forecast: The actual first month estimated expenses*
* *Breakdown of Permanent Team for the expected first payment (October)*

Please review the links below to inform your position on this proposal before voting.
* [Cannonical Proposal Version](https://github.com/makerdao/mips/blob/597512747641658bc38c72bc17d1c84e43153c2b/MIP40/MIP40c3-Subproposals/MIP40c3-SP26.md)
* [Latest Proposal Version](https://mips.makerdao.com/mips/details/MIP40c3SP26)
* [Proposal Discussion Thread](https://forum.makerdao.com/t/mip40c3-sp26-development-ux-core-unit-budget-dux-001/9774)

### Add Core Unit MKR Budget, DUX-001

A brief summary of this proposal has been provided by the MIP Author and is shown below:

*MIP40c3-SP27 adds the MKR Incentive Plan budget for Core Unit DUX-001: Development and UX. It contains:*

* *Total MKR Expenditure Cap*
* *Estimated MKR Expenditure (based on the current team)*
* *Escrow Wallet mechanism*

*The DUX Core Unit supports the Sustainable Ecosystem Scaling Core Unit (SES-001) and Oracles Oracles Core Unit (ORA-001) proposal for MKR Vesting.*

*MKR incentives have been determined based on the Program discussed here. This is a 3-year vesting plan with 1-year cliff vest.*

*The DUX core unit has been working under the incubation program of the SES since June of 2021. The members of this core unit will take that as the start date for the vesting schedule.*

Please review the links below to inform your position on this proposal before voting.
* [Cannonical Proposal Version](https://github.com/makerdao/mips/blob/597512747641658bc38c72bc17d1c84e43153c2b/MIP40/MIP40c3-Subproposals/MIP40c3-SP27.md)
* [Latest Proposal Version](https://mips.makerdao.com/mips/details/MIP40c3SP27)
* [Proposal Discussion Thread](https://forum.makerdao.com/t/mip40c3-sp27-development-ux-core-unit-mkr-budget-dux-001/9777)

### Facilitator Onboarding, DUX-001

A brief summary of this proposal has been provided by the MIP Author and is shown below:

*I’m proud to have a role on this new team where I can make an impact by contributing my efforts towards something positive. I believe the DUX team will enhance the value of the protocol by optimizing the decision-making process, ensuring protocol security, and will bring the state of the industry forward.*

Please review the links below to inform your position on this proposal before voting.
* [Cannonical Proposal Version](https://github.com/makerdao/mips/blob/597512747641658bc38c72bc17d1c84e43153c2b/MIP41/MIP41c4-Subproposals/MIP41c4-SP19.md)
* [Latest Proposal Version](https://mips.makerdao.com/mips/details/MIP41c4SP19)
* [Proposal Discussion Thread](https://forum.makerdao.com/t/mip41c4-sp19-facilitator-onboarding-development-and-ux-core-unit-dux-001/9779)

## Outcomes

This poll implements a **Minimum Positive Participation** value. The Minimum Positive Participation is currently set to **10,000 MKR**.

**If the votes for the 'Yes' option exceed the votes for the 'No' option AND the votes for the 'Yes' option exceed 10,000 MKR, then the following actions will be taken:**
* The MIP Editors will mark these proposals **Accepted** and the Governance Facilitators will confirm their passage on the Governance and Risk call on Thursday, September 30.
* Any further work required to implement these proposals will be tasked to the relevant [Core Units](https://mips.makerdao.com/mips/details/MIP38#mip38c2-core-unit-state).

**Otherwise, this proposal will be marked as rejected per [MIP51](https://mips.makerdao.com/mips/details/MIP51#mip51c2-ratification-poll).**

---

## Resources

[MIP51: Monthly Governance Cycle](https://mips.makerdao.com/mips/details/MIP51) describes this type of poll and its position and significance within the rest of the governance cycle.

If you are new to voting in the Maker Protocol, please see the [voting guide](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote.

Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal.

To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).


This MIP set adds the Development & UX Core Unit, DUX-001

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