diff --git a/governance/polls/Recentering Maker Brand - Novemeber 4, 2024.md b/governance/polls/Recentering Maker Brand - Novemeber 4, 2024.md new file mode 100644 index 000000000..d376389b5 --- /dev/null +++ b/governance/polls/Recentering Maker Brand - Novemeber 4, 2024.md @@ -0,0 +1,65 @@ +--- +title: Recentering Maker Brand - November 4, 2024 +summary: Signal your support of the following branding options to 1) keep the Sky brand as the backend protocol brand; or 2) recenter the Maker brand; or 3) recenter the Maker brand with a limited brand refresh. +discussion_link: https://forum.sky.money/t/weekly-atlas-edit-proposal-week-of-2024-10-28-0/25411 +parameters: + input_format: single-choice + victory_conditions: + - { type : plurality } + result_display: single-vote-breakdown +version: v2.0.0 +options: + 0: Abstain + 1: Keep the Sky brand as the backend protocol brand + 2: Recenter the Maker brand + 3: Recenter the Maker brand with a limited brand refresh +start_date: 2024-11-04T16:00:00 +end_date: 2024-11-07T16:00:00 +--- +# Poll: Recentering Maker Brand - November 4, 2024 + +The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the Accessibility Facilitators in accordance with Atlas article [A.5.1.1.3 - Brand Identity - Recentering Maker Brand Polls](https://sky-atlas.powerhouse.io/#A.5.1.1.3_Recentering_Maker_Brand_Polls-133f2ff0-8d73-80ba-add3-d43c59ec407b%7C8d5a16c0e403). This Governance [Poll](https://sky-atlas.powerhouse.io/#A.1.9.1_Operational_Weekly_Cycle-b189fa17-57a9-4d4e-9780-0ce4efd94211|0db30308) will be active for three days beginning on Monday, November 4 at 16:00 UTC. + +**This is a plurality vote.** + +- **You may vote for a single option.** +- **You should vote for the option that you prefer.** +- **If you would accept any of the options you should vote 'Abstain'.** + +## Review + +The community can vote in this poll to express support or opposition to either one or none of the following options: + +- Option 1 - Keep the Sky brand as the backend protocol brand. + + *Description:* Keep the Sky brand as the backend protocol brand. If this option is chosen, no further changes happen and everything remains as today with the brand. The effort to transition MKR to SKY continues, and the Sky brand remains the core brand that both denotes the frontend Sky.money, and the backend Sky Ecosystem and Sky Protocol. + +- Option 2 - Recenter the Maker brand. + + *Description:* Recenter the Maker brand. If this option is chosen, Sky is kept as the brand for the Sky.money frontend, USDS is also kept as the brand for the new stablecoin - but the underlying backend protocol has its name changed to Maker, and MKR becomes the core asset of the protocol. SkyLink becomes MakerLink, SkyChain becomes MakerChain, Sky Token Rewards becomes Star Token Rewards, and Sky Savings Rate becomes USDS Savings Rate. The Maker brand is returned with its old assets, as currently seen on makerdao.com, with minimal change. SKY tokens initially continue to function exactly the same, and SKY Token Rewards would continue at the same rate. Once SPK launches, SKY Token Rewards would be turned off, and the ability to migrate from MKR to SKY would be turned off. However, SKY to MKR migration would remain permanently, with a technical modification to ensure that SKY is backed by a finite amount of MKR, rather than the ability to emit new MKR. The ratio of SKY to MKR will permanently remain 1:24,000. The governance forum would revert to forum.makerdao.com and other similar assets would also revert to Maker branding - with the exception of the main @skyecosystem X handle. What happens to the X handle would be decided in a later process when it is determined what's going to happen with Sky. + +- Option 3 - Recenter the Maker brand with a limited brand refresh. + + *Description:* Recenter the Maker brand, with a limited brand refresh. If this option is chosen, Sky is kept as the brand for the Sky.money frontend, USDS is also kept as the brand for the new stablecoin - but the underlying backend protocol has its name changed to Maker, and MKR becomes the core asset of the protocol. SkyLink becomes MakerLink, SkyChain becomes MakerChain, Sky Token Rewards becomes Star Token Rewards, and Sky Savings Rate becomes USDS Savings Rate. The Maker brand is slightly modified to better align with the USDS brand identity, and to align with its role as the maker of the StarDAOs. The logo font can be slightly refreshed and polished, and the colour scheme and general aesthetic should be inspired by the dark blue / navy “star theme” that can be seen on Sky.money in sections that describe Stars and governance. SKY tokens initially continue to function exactly the same, and SKY Token Rewards would continue at the same rate. Once SPK launches, SKY Token Rewards would be turned off, and the ability to migrate from MKR to SKY would be turned off. However, SKY to MKR migration would remain permanently, with a technical modification to ensure that SKY is backed by a finite amount of MKR, rather than the ability to emit new MKR. The ratio of SKY to MKR will permanently remain 1:24,000. The governance forum would revert to forum.makerdao.com and other similar assets would also revert to Maker branding - with the exception of the main @skyecosystem X handle. What happens to the X handle would be decided in a later process when it is determined what's going to happen with Sky. + +Please review the discussion [thread](https://forum.sky.money/t/weekly-atlas-edit-proposal-week-of-2024-10-28-0/25411) and the originating Atlas article [A.5.1.1.3 - Brand Identity - Recentering Maker Brand Polls](https://sky-atlas.powerhouse.io/#A.5.1.1.3_Recentering_Maker_Brand_Polls-133f2ff0-8d73-80ba-add3-d43c59ec407b%7C8d5a16c0e403) to help inform your position before voting. + +**Note that the Governance Portal does not currently support the specified winning criteria (described under **Outcome**) for this poll. However, the winning criteria will still apply at the end of it and the winner will be acknowledged in a subsequent forum post by the Governance Facilitators.** + +## Outcomes + +**The winning criteria for this poll are as follows:** + +- The option with the most votes will be selected as the winning choice. +- However, if Option 1 has the most votes individually, but the combined votes for Options 2 and 3 exceed those for Option 1, Option 2 will be declared the winner. +- The winning option will direct the Maker/Sky workforce, with any required Atlas Edits being presented at a later date. + +--- + +## Resources + +If you are new to voting in the Maker Protocol, please see the [voting guide](https://manual.makerdao.com/governance/voting-in-makerdao/on-chain-governance) to learn how voting works. + +Additional information about the Governance process can be found in the [Maker Operational Manual](https://manual.makerdao.com). + +To add current and upcoming votes to your calendar, please see the [MakerDAO Governance Calendar](https://manual.makerdao.com/makerdao/calendars/governance-calendar). diff --git a/governance/polls/SparkLend Ethereum - Adjust ETH Market Interest Rate Model - November 4, 2024.md b/governance/polls/SparkLend Ethereum - Adjust ETH Market Interest Rate Model - November 4, 2024.md new file mode 100644 index 000000000..8514c40c0 --- /dev/null +++ b/governance/polls/SparkLend Ethereum - Adjust ETH Market Interest Rate Model - November 4, 2024.md @@ -0,0 +1,55 @@ +--- +title: SparkLend Ethereum - Adjust ETH Market Interest Rate Model - November 4, 2024 +summary: Signal your support or opposition to adjusting the ETH Market Interest Rate Model on Sparklend Ethereum. +discussion_link: https://forum.sky.money/t/14-nov-2024-proposed-changes-to-spark-for-upcoming-spell/25466 +parameters: + input_format: single-choice + victory_conditions: + - { type : plurality } + result_display: single-vote-breakdown +version: v2.0.0 +options: + 0: Abstain + 1: Yes + 2: No +start_date: 2024-11-04T16:00:00 +end_date: 2024-11-07T16:00:00 +--- +# Poll: SparkLend Ethereum - Adjust ETH Market Interest Rate Model - November 4, 2024 + +The Governance Facilitators have placed a Governance Poll into the voting system on behalf of Spark Protocol and the Ecosystem Facilitators. This Governance [Poll](https://sky-atlas.powerhouse.io/#A.1.9.1_Operational_Weekly_Cycle-b189fa17-57a9-4d4e-9780-0ce4efd94211|0db30308) will be active for three days beginning on Monday, November 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 adjusting the ETH Market [Interest Rate Model](https://sky-atlas.powerhouse.io/#A.3.8.1.6.1.3_Interest_Rate_Model_Definition-83e3f4f2-5e8e-4383-95e5-3af1bfb19210|57eaf45219be608847d6) as follows: + +- Reduce SparkLend Ethereum ETH [slope 1](https://sky-atlas.powerhouse.io/#A.3.8.1.6.1.15_Slope_1_Definition-20c3c3c3-432e-48ac-8336-86b8345f920e|57eaf45219be608847d6) spread parameter by 0.5% from 0% to **-0.5%**. + +Please review the discussion [thread](https://forum.sky.money/t/14-nov-2024-proposed-changes-to-spark-for-upcoming-spell/25466) 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:** + +- Phoenix Labs will prepare a Spark spell to reduce ETH [slope 1](https://sky-atlas.powerhouse.io/#A.3.8.1.6.1.15_Slope_1_Definition-20c3c3c3-432e-48ac-8336-86b8345f920e|57eaf45219be608847d6) on Sparklend Ethereum as described above. +- An upcoming Executive Vote will include a proposal to execute the Spark spell. +- It is expected that this Executive Vote will take place within 30 days of this poll passing, absent external factors. +- If the Executive Vote passes, then these changes will become active in the Maker Protocol after the [GSM Pause Delay](https://sky-atlas.powerhouse.io/#A.1.8.2.1_Pause_Delay-a98b8227-95f6-4711-9d8d-f52cbc6ad2d0|0db30758e055) 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://manual.makerdao.com/governance/voting-in-makerdao/on-chain-governance) to learn how voting works. + +Additional information about the Governance process can be found in the [Maker Operational Manual](https://manual.makerdao.com). + +To add current and upcoming votes to your calendar, please see the [MakerDAO Governance Calendar](https://manual.makerdao.com/makerdao/calendars/governance-calendar). diff --git a/governance/polls/SparkLend Ethereum - Adjust SparkLend Parameters for WBTC - November 4, 2024.md b/governance/polls/SparkLend Ethereum - Adjust SparkLend Parameters for WBTC - November 4, 2024.md new file mode 100644 index 000000000..492d4bf1d --- /dev/null +++ b/governance/polls/SparkLend Ethereum - Adjust SparkLend Parameters for WBTC - November 4, 2024.md @@ -0,0 +1,55 @@ +--- +title: SparkLend Ethereum - Adjust SparkLend Parameters for WBTC - November 4, 2024 +summary: Signal your support or opposition to reducing the liquidation threshold for WBTC on Sparklend Ethereum. +discussion_link: https://forum.sky.money/t/14-nov-2024-proposed-changes-to-spark-for-upcoming-spell/25466 +parameters: + input_format: single-choice + victory_conditions: + - { type : plurality } + result_display: single-vote-breakdown +version: v2.0.0 +options: + 0: Abstain + 1: Yes + 2: No +start_date: 2024-11-04T16:00:00 +end_date: 2024-11-07T16:00:00 +--- +# Poll: SparkLend Ethereum - Adjust SparkLend Parameters for WBTC - November 4, 2024 + +The Governance Facilitators have placed a Governance Poll into the voting system on behalf of Spark Protocol and the Ecosystem Facilitators. This Governance [Poll](https://sky-atlas.powerhouse.io/#A.1.9.1_Operational_Weekly_Cycle-b189fa17-57a9-4d4e-9780-0ce4efd94211|0db30308) will be active for three days beginning on Monday, November 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 adjusting the [liquidation threshold](https://sky-atlas.powerhouse.io/#A.3.8.1.6.1.5_Liquidation_Threshold_Definition-9170a423-fba1-4fbe-83c4-f55f2510a9db|57eaf45219be608847d6) for [WBTC on Sparklend Ethereum](https://spark.blockanalitica.com/v1/ethereum/markets/WBTC/risk) as follows: + +- Reduce WBTC [liquidation threshold](https://sky-atlas.powerhouse.io/#A.3.8.1.6.1.5_Liquidation_Threshold_Definition-9170a423-fba1-4fbe-83c4-f55f2510a9db|57eaf45219be608847d6) by 5% from 70% to **65%**. + +Please review the discussion [thread](https://forum.sky.money/t/14-nov-2024-proposed-changes-to-spark-for-upcoming-spell/25466) 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:** + +- Phoenix Labs will prepare a Spark spell to reduce WBTC [liquidation threshold](https://sky-atlas.powerhouse.io/#A.3.8.1.6.1.5_Liquidation_Threshold_Definition-9170a423-fba1-4fbe-83c4-f55f2510a9db|57eaf45219be608847d6) on Sparklend Ethereum as described above. +- An upcoming Executive Vote will include a proposal to execute the Spark spell. +- It is expected that this Executive Vote will take place within 30 days of this poll passing, absent external factors. +- If the Executive Vote passes, then these changes will become active in the Maker Protocol after the [GSM Pause Delay](https://sky-atlas.powerhouse.io/#A.1.8.2.1_Pause_Delay-a98b8227-95f6-4711-9d8d-f52cbc6ad2d0|0db30758e055) 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://manual.makerdao.com/governance/voting-in-makerdao/on-chain-governance) to learn how voting works. + +Additional information about the Governance process can be found in the [Maker Operational Manual](https://manual.makerdao.com). + +To add current and upcoming votes to your calendar, please see the [MakerDAO Governance Calendar](https://manual.makerdao.com/makerdao/calendars/governance-calendar). diff --git a/governance/polls/SparkLend Ethereum - Increase SparkLend D3M Buffer Parameter - November 4, 2024.md b/governance/polls/SparkLend Ethereum - Increase SparkLend D3M Buffer Parameter - November 4, 2024.md new file mode 100644 index 000000000..e42685ed6 --- /dev/null +++ b/governance/polls/SparkLend Ethereum - Increase SparkLend D3M Buffer Parameter - November 4, 2024.md @@ -0,0 +1,55 @@ +--- +title: SparkLend Ethereum - Increase SparkLend D3M Buffer Parameter - November 4, 2024 +summary: Signal your support or opposition to increasing SparkLend DAI Direct Deposit Module (D3M) Buffer Parameter on Sparklend Ethereum. +discussion_link: https://forum.sky.money/t/14-nov-2024-proposed-changes-to-spark-for-upcoming-spell/25466 +parameters: + input_format: single-choice + victory_conditions: + - { type : plurality } + result_display: single-vote-breakdown +version: v2.0.0 +options: + 0: Abstain + 1: Yes + 2: No +start_date: 2024-11-04T16:00:00 +end_date: 2024-11-07T16:00:00 +--- +# Poll: SparkLend Ethereum - Increase SparkLend D3M Buffer Parameter - November 4, 2024 + +The Governance Facilitators have placed a Governance Poll into the voting system on behalf of Spark Protocol and the Ecosystem Facilitators. This Governance [Poll](https://sky-atlas.powerhouse.io/#A.1.9.1_Operational_Weekly_Cycle-b189fa17-57a9-4d4e-9780-0ce4efd94211|0db30308) will be active for three days beginning on Monday, November 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 increasing [SparkLend DAI Direct Deposit Module (D3M)](https://sky-atlas.powerhouse.io/#A.3.8.1.3_Spark_Dai_Direct_Deposit_Module-810b462c-6498-4574-b7a7-b3247e139dbc|57eaf45219be) [`buffer`](https://sky-atlas.powerhouse.io/#A.3.8.1.3.1.4_Buffer_Definition-039d633f-bccf-492f-9c6d-c167e8b5a292|57eaf45219be9dbc3712) parameter on Sparklend Ethereum as follows: + +- Increase SparkLend D3M [`buffer`](https://sky-atlas.powerhouse.io/#A.3.8.1.3.1.4_Buffer_Definition-039d633f-bccf-492f-9c6d-c167e8b5a292|57eaf45219be9dbc3712) parameter by 50 million DAI from 50 million DAI to **100 million DAI**. + +Please review the discussion [thread](https://forum.sky.money/t/14-nov-2024-proposed-changes-to-spark-for-upcoming-spell/25466) 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:** + +- Phoenix Labs will facilitate preparation of a Spark spell to increase the SparkLend D3M [`buffer`](https://sky-atlas.powerhouse.io/#A.3.8.1.3.1.4_Buffer_Definition-039d633f-bccf-492f-9c6d-c167e8b5a292|57eaf45219be9dbc3712) parameter as described aboved. +- An upcoming Executive Vote will include a proposal to execute the Spark spell. +- It is expected that this Executive Vote will take place within 30 days of this poll passing, absent external factors. +- If the Executive Vote passes, then these changes will become active in the Maker Protocol after the [GSM Pause Delay](https://sky-atlas.powerhouse.io/#A.1.8.2.1_Pause_Delay-a98b8227-95f6-4711-9d8d-f52cbc6ad2d0|0db30758e055) 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://manual.makerdao.com/governance/voting-in-makerdao/on-chain-governance) to learn how voting works. + +Additional information about the Governance process can be found in the [Maker Operational Manual](https://manual.makerdao.com). + +To add current and upcoming votes to your calendar, please see the [MakerDAO Governance Calendar](https://manual.makerdao.com/makerdao/calendars/governance-calendar). diff --git a/governance/polls/SparkLend Ethereum - Increase wstETH Borrow Rate Limits - November 4, 2024.md b/governance/polls/SparkLend Ethereum - Increase wstETH Borrow Rate Limits - November 4, 2024.md new file mode 100644 index 000000000..fc47919f3 --- /dev/null +++ b/governance/polls/SparkLend Ethereum - Increase wstETH Borrow Rate Limits - November 4, 2024.md @@ -0,0 +1,56 @@ +--- +title: SparkLend Ethereum - Increase wstETH Borrow Rate Limits - November 4, 2024 +summary: Signal your support or opposition to increasing wstETH borrow rate limits on Sparklend Ethereum. +discussion_link: https://forum.sky.money/t/14-nov-2024-proposed-changes-to-spark-for-upcoming-spell/25466 +parameters: + input_format: single-choice + victory_conditions: + - { type : plurality } + result_display: single-vote-breakdown +version: v2.0.0 +options: + 0: Abstain + 1: Yes + 2: No +start_date: 2024-11-04T16:00:00 +end_date: 2024-11-07T16:00:00 +--- +# Poll: SparkLend Ethereum - Increase wstETH Borrow Rate Limits - November 4, 2024 + +The Governance Facilitators have placed a Governance Poll into the voting system on behalf of Spark Protocol and the Ecosystem Facilitators. This Governance [Poll](https://sky-atlas.powerhouse.io/#A.1.9_Weekly_Governance_Cycle-95671ce7-60d8-4d8e-b9b6-de7493560308|0db3) will be active for three days beginning on Monday, November 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 increasing wstETH borrow rate limits on Sparklend Ethereum as follows: + +- Increase wstETH Borrow Cap [`max`](https://sky-atlas.powerhouse.io/#A.3.8.1.6.4.1.3_Cap_Automator_Absolute_Maximum_Exposure_Definition-a01eec5b-64d9-42fa-ae44-b27d22e14a42|57eaf45219be6088aa1c4806) parameter by 97,000 wstETH from 3,000 wstETH to **100,000 wstETH**. +- Increase wstETH Borrow Cap [`gap`](https://sky-atlas.powerhouse.io/#A.3.8.1.6.4.1.1_Cap_Automator_Target_Available_Exposure_Definition-78ec4709-3773-4f20-b3ef-d58d29f302c2|57eaf45219be6088aa1c4806) parameter by 4,900 wstETH from 100 wstETH to **5,000 wstETH**. + +Please review the discussion [thread](https://forum.sky.money/t/14-nov-2024-proposed-changes-to-spark-for-upcoming-spell/25466) 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:** + +- Phoenix Labs will facilitate preparation of a Spark spell to increase the wstETH borrow rate limits on Sparklend Ethereum as described above. +- An upcoming Executive Vote will include a proposal to execute the Spark spell. +- It is expected that this Executive Vote will take place within 30 days of this poll passing, absent external factors. +- If the Executive Vote passes, then these changes will become active in the Maker Protocol after the [GSM Pause Delay](https://sky-atlas.powerhouse.io/#A.1.8.2.1_Pause_Delay-a98b8227-95f6-4711-9d8d-f52cbc6ad2d0|0db30758e055) 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://manual.makerdao.com/governance/voting-in-makerdao/on-chain-governance) to learn how voting works. + +Additional information about the Governance process can be found in the [Maker Operational Manual](https://manual.makerdao.com). + +To add current and upcoming votes to your calendar, please see the [MakerDAO Governance Calendar](https://manual.makerdao.com/makerdao/calendars/governance-calendar). diff --git a/governance/polls/SparkLend Ethereum - Update Morpho DAI Vault Supply Caps - November 4, 2024.md b/governance/polls/SparkLend Ethereum - Update Morpho DAI Vault Supply Caps - November 4, 2024.md new file mode 100644 index 000000000..4ec0e859d --- /dev/null +++ b/governance/polls/SparkLend Ethereum - Update Morpho DAI Vault Supply Caps - November 4, 2024.md @@ -0,0 +1,56 @@ +--- +title: SparkLend Ethereum - Update Morpho DAI Vault Supply Caps - November 4, 2024 +summary: Signal your support or opposition to updating Morpho DAI vault Supply Caps on Sparklend Ethereum. +discussion_link: https://forum.sky.money/t/14-nov-2024-proposed-changes-to-spark-for-upcoming-spell/25466 +parameters: + input_format: single-choice + victory_conditions: + - { type : plurality } + result_display: single-vote-breakdown +version: v2.0.0 +options: + 0: Abstain + 1: Yes + 2: No +start_date: 2024-11-04T16:00:00 +end_date: 2024-11-07T16:00:00 +--- +# Poll: SparkLend Ethereum - Update Morpho DAI Vault Supply Caps - November 4, 2024 + +The Governance Facilitators have placed a Governance Poll into the voting system on behalf of Spark Protocol and the Ecosystem Facilitators. This Governance [Poll](https://sky-atlas.powerhouse.io/#A.1.9.1_Operational_Weekly_Cycle-b189fa17-57a9-4d4e-9780-0ce4efd94211|0db30308) will be active for three days beginning on Monday, November 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 updating Morpho DAI vault Supply Caps as follows: + +- Increase [PT-sUSDe-26Dec2024 91.5% pool](https://morpho.blockanalitica.com/ethereum/markets/e37784e5ff9c2795395c5a41a0cb7ae1da4a93d67bfdd8654b9ff86b3065941c) Supply Cap by 150 million DAI from 100 million DAI to **250 million DAI**. +- Increase [PT-sUSDe-27Mar2025 91.5% pool](https://morpho.blockanalitica.com/ethereum/markets/5e3e6b1e01c5708055548d82d01db741e37d03b948a7ef9f3d4b962648bcbfa7) Supply Cap by 100 million DAI from 100 million DAI to **200 million DAI**. + +Please review the discussion [thread](https://forum.sky.money/t/14-nov-2024-proposed-changes-to-spark-for-upcoming-spell/25466) 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:** + +- Phoenix Labs will facilitate preparation of a Spark spell to increase the [PT-sUSDe-26Dec2024 91.5% pool](https://morpho.blockanalitica.com/ethereum/markets/e37784e5ff9c2795395c5a41a0cb7ae1da4a93d67bfdd8654b9ff86b3065941c) Supply Cap to 250 million DAI and the [PT-sUSDe-27Mar2025 91.5% pool](https://morpho.blockanalitica.com/ethereum/markets/5e3e6b1e01c5708055548d82d01db741e37d03b948a7ef9f3d4b962648bcbfa7) Supply Cap to 200 million DAI on Sparklend Ethereum. +- An upcoming Executive Vote will include a proposal to execute the Spark spell. +- It is expected that this Executive Vote will take place within 30 days of this poll passing, absent external factors. +- If the Executive Vote passes, then these changes will become active in the Maker Protocol after the [GSM Pause Delay](https://sky-atlas.powerhouse.io/#A.1.8.2.1_Pause_Delay-a98b8227-95f6-4711-9d8d-f52cbc6ad2d0|0db30758e055) 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://manual.makerdao.com/governance/voting-in-makerdao/on-chain-governance) to learn how voting works. + +Additional information about the Governance process can be found in the [Maker Operational Manual](https://manual.makerdao.com). + +To add current and upcoming votes to your calendar, please see the [MakerDAO Governance Calendar](https://manual.makerdao.com/makerdao/calendars/governance-calendar). diff --git a/governance/polls/SparkLend Ethereum and Base - Activate Spark Liquidity Layer - November 4, 2024.md b/governance/polls/SparkLend Ethereum and Base - Activate Spark Liquidity Layer - November 4, 2024.md new file mode 100644 index 000000000..423f1bc1f --- /dev/null +++ b/governance/polls/SparkLend Ethereum and Base - Activate Spark Liquidity Layer - November 4, 2024.md @@ -0,0 +1,90 @@ +--- +title: SparkLend Ethereum and Base - Activate Spark Liquidity Layer - November 4, 2024 +summary: Signal your support or opposition to activating Spark Liquidity Layer on Sparklend Ethereum and Base. +discussion_link: https://forum.sky.money/t/14-nov-2024-proposed-changes-to-spark-for-upcoming-spell/25466 +parameters: + input_format: single-choice + victory_conditions: + - { type : plurality } + result_display: single-vote-breakdown +version: v2.0.0 +options: + 0: Abstain + 1: Yes + 2: No +start_date: 2024-11-04T16:00:00 +end_date: 2024-11-07T16:00:00 +--- +# Poll: SparkLend Ethereum and Base - Activate Spark Liquidity Layer - November 4, 2024 + +The Governance Facilitators have placed a Governance Poll into the voting system on behalf of Spark Protocol and the Ecosystem Facilitators. This Governance [Poll](https://sky-atlas.powerhouse.io/#A.1.9.1_Operational_Weekly_Cycle-b189fa17-57a9-4d4e-9780-0ce4efd94211|0db30308) will be active for three days beginning on Monday, November 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 activating the Spark Liquidity Layer on Sparklend Ethereum and Base with the parameters below. + +### Onchain Parameters + +#### Ethereum + +| Parameter | Max amount (tokens) | Slope (tokens/day) | +|--|--|--| +| LIMIT_USDS_MINT | 4,000,000 | 2,000,000 | +| LIMIT_USDC_TO_CCTP_ETH | max. | 0 | +| LIMIT_USDS_TO_USDC | 4,000,000 | 2,000,000 | +| LIMIT_USDC_TO_DOMAIN (to Base) | 4,000,000 | 2,000,000 | + +#### Base + +| Parameter | Max amount (tokens) | Slope (tokens/day) | +|--|--|--| +| LIMIT_PSM_DEPOSIT_USDC | 4,000,000 | 2,000,000 | +| LIMIT_PSM_WITHDRAW_USDC | 7,000,000 | 2,000,000 | +| LIMIT_PSM_DEPOSIT_USDS | 5,000,000 | 2,000,000 | +| LIMIT_PSM_WITHDRAW_USDS | max. | 0 | +| LIMIT_PSM_DEPOSIT_SUSDS | 8,000,000 | 2,000,000 | +| LIMIT_PSM_WITHDRAW_SUSDS | max. | 0 | +| LIMIT_USDC_TO_DOMAIN (to mainnet) | 4,000,000 | 2,000,000 | +| LIMIT_USDC_TO_CCTP_BASE | max. | 0 | + +### Offchain Parameters + +| Parameter | Value (tokens) | +|--|--| +| MAINNET_MIN_OPERATION_SIZE | 400,000 | +| BASE_MIN_OPERATION_SIZE | 400,000 | +| DEBT_CEILING_BUFFER | 10,000 | +| USDC_MIN_BALANCE_BASE | 800,000 | +| USDC_OPTIMAL_BALANCE_BASE | 800,000 | +| USDC_MAX_BALANCE_BASE | 800,000 | + +Please review the discussion [thread](https://forum.sky.money/t/14-nov-2024-proposed-changes-to-spark-for-upcoming-spell/25466) to help inform your position before voting. + +For more information about the activation process and these parameters, please read the [_Spark ALM Planner Parameter Study_ forum post published by BA Labs](https://forum.sky.money/t/14-nov-2024-spark-alm-planner-parameter-study/25467). + +## Outcomes + +**If the votes for the 'Yes' option exceed the votes for the 'No' option then the following actions will be taken:** + +- Phoenix Labs will facilitate preparation of a Spark spell to activate the Spark Liquidity Layer on Ethereum and Base with the parameters listed above. +- An upcoming Executive Vote will include a proposal to execute the Spark spell. +- It is expected that this Executive Vote will take place within 30 days of this poll passing, absent external factors. +- If the Executive Vote passes, then these changes will become active in the Maker Protocol after the [GSM Pause Delay](https://sky-atlas.powerhouse.io/#A.1.8.2.1_Pause_Delay-a98b8227-95f6-4711-9d8d-f52cbc6ad2d0|0db30758e055) 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://manual.makerdao.com/governance/voting-in-makerdao/on-chain-governance) to learn how voting works. + +Additional information about the Governance process can be found in the [Maker Operational Manual](https://manual.makerdao.com). + +To add current and upcoming votes to your calendar, please see the [MakerDAO Governance Calendar](https://manual.makerdao.com/makerdao/calendars/governance-calendar).