Merge pull request #2762 from blimpa/Governance-Polls-2024-10-07

Governance Polls 2024-10-07
makerdao · Oct 7, 2024 · d472c00 · d472c00
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diff --git a/...26Dec2024 and PT-sUSDe-27Mar2025 to Morpho Spark DAI Vault - October 7, 2024.md b/...26Dec2024 and PT-sUSDe-27Mar2025 to Morpho Spark DAI Vault - October 7, 2024.md
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+---
+title: SparkLend Ethereum - Onboard PT-sUSDe-26Dec2024 and PT-sUSDe-27Mar2025 to Morpho Spark DAI Vault - October 7, 2024
+summary: Signal your support or opposition to onboarding PT-sUSDe-26Dec2024 and PT-sUSDe-27Mar2025 to Morpho Spark DAI vault.
+discussion_link: https://forum.sky.money/t/oct-3-2024-proposed-changes-to-spark-for-upcoming-spell/25293
+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: 2024-10-07T16:00:00
+end_date: 2024-10-10T16:00:00
+---
+# Poll: SparkLend Ethereum - Onboard PT-sUSDe-26Dec2024 and PT-sUSDe-27Mar2025 to Morpho Spark DAI Vault - October 7, 2024
+
+The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the Ecosystem team. 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, October 7 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 onboarding the two additional Pendle sUSDe PT maturities PT-sUSDe-26Dec2024 and PT-sUSDe-27Mar2025 to the Morpho Spark DAI vault with the configurations that follow:
+
+### PT-sUSDe-26Dec2024
+
+- Address: **[0xee9085fc268f6727d5d4293dbabccf901ffdcc29](https://etherscan.io/token/0xee9085fc268f6727d5d4293dbabccf901ffdcc29)**
+- Pool LLTV: **91.5%**
+- Supply cap: **100 million DAI**
+- Price oracle yield to maturity: **15%**
+- Price oracle PT redemption value: **$1**
+
+### PT-sUSDe-27Mar2025
+
+- Address: **[0xE00bd3Df25fb187d6ABBB620b3dfd19839947b81](https://etherscan.io/token/0xE00bd3Df25fb187d6ABBB620b3dfd19839947b81)**
+- Pool LLTV: **91.5%**
+- Supply cap: **100 million DAI**
+- Price oracle yield to maturity: **20%**
+- Price oracle PT redemption value: **$1**
+
+Please review the discussion [thread](https://forum.sky.money/t/oct-3-2024-proposed-changes-to-spark-for-upcoming-spell/25293) to help inform your position before voting. An overview of Pendle PTs can be found in [this July 13, 2024 forum post](https://forum.sky.money/t/jul-12-2024-proposed-changes-to-spark-for-upcoming-spell/24635#pendle-pt-overview-1).
+
+## 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 an upcoming Executive Vote.
+- 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 this change will become active in the Sky 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 Sky 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 [Operational Manual](https://manual.makerdao.com).
+
+To add current and upcoming votes to your calendar, please see the [Sky Governance Calendar](https://manual.makerdao.com/makerdao/calendars/governance-calendar).
diff --git a/...um - Onboard sUSDS to SparkLend as a Collateral-only Asset - October 7, 2024.md b/...um - Onboard sUSDS to SparkLend as a Collateral-only Asset - October 7, 2024.md
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+---
+title: SparkLend Ethereum - Onboard sUSDS to SparkLend as a Collateral-only Asset - October 7, 2024
+summary: Signal your support or opposition to onboarding sUSDS to SparkLend Ethereum as a collateral-only asset.
+discussion_link: https://forum.sky.money/t/oct-3-2024-proposed-changes-to-spark-for-upcoming-spell/25293
+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: 2024-10-07T16:00:00
+end_date: 2024-10-10T16:00:00
+---
+# Poll: SparkLend Ethereum - Onboard sUSDS to SparkLend as a Collateral-only Asset - October 7, 2024
+
+The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the Ecosystem team. 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, October 7 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 onboarding sUSDS as a collateral-only (i.e., non-borrowable) asset on SparkLend Ethereum with the following parameters:
+
+- Token: **sUSDS**
+- Token Address: **[0xa3931d71877c0e7a3148cb7eb4463524fec27fbd](https://etherscan.io/address/0xa3931d71877c0e7a3148cb7eb4463524fec27fbd)**
+- Oracle: **Fixed 1 USD * sUSDS/USDS redemption rate from the token contract.**
+- [Optimal Utilization](https://sky-atlas.powerhouse.io/#A.3.8.1.5.1.11_Optimal_Utilization_Definition-7dd3b868-b5c1-4f16-b997-8fb35a971ab1|57eaf45219be608847d6): **80%**
+- [Base](https://sky-atlas.powerhouse.io/#A.3.8.1.5.1.13_Base_Rate_Definition-3ea70be9-6d09-4e25-8025-a0235dd71c28|57eaf45219be608847d6): **0%**
+- [Slope1](https://sky-atlas.powerhouse.io/#A.3.8.1.5.1.15_Slope_1_Definition-20c3c3c3-432e-48ac-8336-86b8345f920e|57eaf45219be608847d6): **2%**
+- [Slope2](https://sky-atlas.powerhouse.io/#A.3.8.1.5.1.16_Slope_2_Definition-e5bb5c04-c9f1-4f85-bd45-1d36269482fe|57eaf45219be608847d6): **300%**
+- Stable rate func (deprecated): N/A
+- Borrow Enabled: **No**
+- [Isolation Borrowable](https://sky-atlas.powerhouse.io/#A.3.8.1.5.1.20_Isolated_Borrow-9acac8ca-3870-4680-ae38-1ba3deb09fe3|57eaf45219be608847d6bfdb): **No**
+- Stable Rate Borrowing: **No**
+- [Siloed Borrowing](https://sky-atlas.powerhouse.io/#A.3.8.1.5.1.21_Siloed_Borrowing_Enabled_Definition-2683581e-34fd-4025-b3ef-a46fc19ec855|57eaf45219be608847d6): **No**
+- [Flash Loan](https://docs.sparkprotocol.io/developers/guides/flash-loans) Enabled: **No**
+- [Loan To Value](https://sky-atlas.powerhouse.io/#A.3.8.1.5.1.4_LTV_Definition-e5d19de9-0eb7-4572-857c-e83d91d92c88|57eaf45219be608847d6): **79%**
+- [Liquidation Threshold](https://sky-atlas.powerhouse.io/#A.3.8.1.5.1.5_Liquidation_Threshold_Definition-9170a423-fba1-4fbe-83c4-f55f2510a9db|57eaf45219be608847d6): **80%**
+- [Liquidation Bonus](https://sky-atlas.powerhouse.io/#A.3.8.1.5.1.7_Liquidation_Bonus_Definition-c5e7dbac-42f7-4c53-9e89-fa699cd9d5b5|57eaf45219be608847d6): **5%**
+- [Reserve Factor](https://sky-atlas.powerhouse.io/#A.3.8.1.5.1.8_Reserve_Factor_Definition-3f82c59f-c575-4975-8e1b-653136c3f1fd|57eaf45219be608847d6): **10%**
+- [Supply Cap](https://sky-atlas.powerhouse.io/#A.3.8.1.5.1.9_Supply_Cap_Definition-75575b79-9a3c-4601-9c57-dd2f7f48e285|57eaf45219be608847d6): **50 million sUSDS**
+- [Supply Cap Absolute Maximum Exposure (`max`)](https://sky-atlas.powerhouse.io/#A.3.8.1.5.4.1.3_Cap_Automator_Absolute_Maximum_Exposure_Definition-a01eec5b-64d9-42fa-ae44-b27d22e14a42|57eaf45219be6088aa1c4806): **500 million sUSDS**
+- [Supply Cap Target Available Exposure (`gap`)](https://sky-atlas.powerhouse.io#A.3.8.1.5.4.1.1_Cap_Automator_Target_Available_Exposure_Definition-78ec4709-3773-4f20-b3ef-d58d29f302c2|57eaf45219be6088aa1c4806): **50 million sUSDS**
+- [Supply Cap Automator Cooldown Period (`ttl`)](https://sky-atlas.powerhouse.io/#A.3.8.1.5.4.1.2_Cap_Automator_Cooldown_Period_Definition-670fadea-2b37-4e54-931a-01c3487b28f9|57eaf45219be6088aa1c4806): **12 hours**
+- [Borrow Cap](https://sky-atlas.powerhouse.io/#A.3.8.1.5.1.10_Borrow_Cap_Definition-fb930369-4ebc-4de0-9414-0a029857bc24|57eaf45219be608847d6): **0 sUSDS**
+- [Borrow Cap Absolute Maximum Exposure (`max`)](https://sky-atlas.powerhouse.io/#A.3.8.1.5.4.1.3_Cap_Automator_Absolute_Maximum_Exposure_Definition-a01eec5b-64d9-42fa-ae44-b27d22e14a42|57eaf45219be6088aa1c4806): **N/A**
+- [Borrow Cap Target Available Exposure (`gap`)](https://sky-atlas.powerhouse.io/#A.3.8.1.5.4.1.1_Cap_Automator_Target_Available_Exposure_Definition-78ec4709-3773-4f20-b3ef-d58d29f302c2|57eaf45219be6088aa1c4806): **N/A**
+- [Borrow Cap Automator Cooldown Period (`ttl`)](https://sky-atlas.powerhouse.io/#A.3.8.1.5.4.1.2_Cap_Automator_Cooldown_Period_Definition-670fadea-2b37-4e54-931a-01c3487b28f9|57eaf45219be6088aa1c4806): **N/A**
+- [Isolation Mode](https://sky-atlas.powerhouse.io/#A.3.8.1.5.4.1.2_Cap_Automator_Cooldown_Period_Definition-670fadea-2b37-4e54-931a-01c3487b28f9|57eaf45219be6088aa1c4806): **No**
+- Isolation Mode Debt Ceiling: **N/A**
+- Liquidation Protocol Fee: **10%**
+- [High Efficiency Mode (`Emode`)](https://sky-atlas.powerhouse.io/#A.3.8.1.5.1.6_High_Efficiency_Mode_Category_Definition-09de838a-b46c-4cdb-9467-adacdbcf4c00|57eaf45219be608847d6) Category: **0**
+
+Please review the discussion [thread](https://forum.sky.money/t/oct-3-2024-proposed-changes-to-spark-for-upcoming-spell/25293) 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 onboard sUSDS to SparkLend Ethereum as a collateral-only asset with the specified parameters.
+- 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 SparkLend 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 Sky 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 [Operational Manual](https://manual.makerdao.com).
+
+To add current and upcoming votes to your calendar, please see the [Sky Governance Calendar](https://manual.makerdao.com/makerdao/calendars/governance-calendar).
diff --git a/...date Oracle for sDAI on SparkLend to Use Fixed 1 USD Price - October 7, 2024.md b/...date Oracle for sDAI on SparkLend to Use Fixed 1 USD Price - October 7, 2024.md
@@ -0,0 +1,53 @@
+---
+title: SparkLend Ethereum - Update Oracle for sDAI on SparkLend to Use Fixed 1 USD Price - October 7, 2024
+summary: Signal your support or opposition to updating the oracle for sDAI on SparkLend to use a fixed 1 USD price.
+discussion_link: https://forum.sky.money/t/oct-3-2024-proposed-changes-to-spark-for-upcoming-spell/25293
+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: 2024-10-07T16:00:00
+end_date: 2024-10-10T16:00:00
+---
+# Poll: SparkLend Ethereum - Update Oracle for sDAI on SparkLend to Use Fixed 1 USD Price - October 7, 2024
+
+The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the Ecosystem team. 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, October 7 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 the oracle for sDAI so that it no longer uses a Chainlink market price for DAI/USD as part of the calculation but instead a fixed 1 USD peg, resulting in the oracle for sDAI calculating the price as follows: `1 USD * sDAI/DAI redemption rate from the sDAI contract`.
+
+Please review the discussion [thread](https://forum.sky.money/t/oct-3-2024-proposed-changes-to-spark-for-upcoming-spell/25293) 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 update the sDAI oracle 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 this change will become active in SparkLend 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 Sky 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 [Operational Manual](https://manual.makerdao.com).
+
+To add current and upcoming votes to your calendar, please see the [Sky Governance Calendar](https://manual.makerdao.com/makerdao/calendars/governance-calendar).