The final Executive Vote of the year is live on the Maker Governance portal.
🗳️ https://t.co/bS9NGVXAl3
MKR holders and delegates can use their voting power to deploy the changes listed below, if they support them.
↓
Decrease PSM-GUSD-A Debt Ceiling
If this executive proposal passes, in line with the recent removal of PSM-GUSD-A from the Cash Stablecoin list in the Stability Scope, the following actions will be performed:
• The Debt Ceiling (line) will be set to 0.
• The vault will be removed from the Debt Ceiling Instant Access Module (AutoLine).
Increase Coinbase Custody (RWA014-A) Debt Ceiling
If this executive proposal passes, the following parameters for Coinbase Custody (RWA014-A) will be changed:
• The Debt Ceiling (line) will be increased from 500 million DAI to 1.5 billion DAI.
Decrease WBTC-A, WBTC-B, and WBTC-C Stability Fee
If this executive proposal passes, the following parameters will be changed:
• The WBTC-A Stability Fee (SF) will be decreased from 5.86% to 5.79%.
• The WBTC-B Stability Fee (SF) will be decreased from 6.36% to 6.29%.
• The WBTC-C Stability Fee (SF) will be decreased from 5.61% to 5.54%.
Smart Burn Engine Parameter Optimization
If this executive proposal passes, the following SBE parameters will be changed:
• The bump (lot size) parameter will be increased from 20,000 to 30,000 DAI.
• The hop (frequency) parameter will be increased from 6,308 to 15,768 seconds.
Approve RWA Foundation Dao Resolution
If this executive proposal passes, the following RWA Foundation Dao Resolution to change the service provider will be approved:
• The DAO Resolution with IPFS hash QmPiEHtt8rkVtSibBXMrhEzHUmSriXWz4AL2bjscq8dUvU will be approved.
DAI transfer to cover Andromeda Legal expenses
If this executive proposal passes, the following transfer will be performed to cover Andromeda (RWA015-A) Legal expenses:
• 201,738 DAI will be transfered to 0xc4dB894A11B1eACE4CDb794d0753A3cB7A633767.
Cease MKR and DAI Vest Streams for Steakhouse and TechOps
If this executive proposal passes, the following DSS Vest Streams will be halted by calling the yank function:
• Steakhouse DAI stream ID 19.
• TechOps DAI stream ID 18.
• Steakhouse MKR stream ID 32.
• TechOps MKR stream ID 33.
Set up MKR and DAI Vest Streams for Ecosystem Facilitator
If this executive proposal passes, the DSS Vest Streams detailed in the proposal will be set up for Ecosystem facilitator.
Spark Protocol Proxy-Spell
If this executive proposal passes, a Spark Protocol proxy-spell with the address 0x68a075249fA77173b8d1B92750c9920423997e2B will be executed to address an identified discrepancy in the DAI Market.
This issue has no impact on users and its severity is classified as low.
🗳 It's your turn, MKR holders and delegates, to participate meaningfully in the direction of MakerDAO.
Vote directly through the Executive Proposal: https://t.co/bS9NGVXAl3
or
Delegate your MKR to one or more Aligned Delegates: https://t.co/VdBId5DJEC
A huge Softnote mass adoption campaign will take place for the Turkish market from Tomorrow!
The Lira has experienced a rapid decline due to USD related twinning and debt.
🔹Turkish Whitepaper
🔹Turkish Softnote Wallet
🔹Turkish Website
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