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The Maker Foundation Interim Risk Team has placed an Executive Vote into the voting system, which will enable the community to enact a new Dai Stability Fee ofĀ 14.5%.
The Executive Vote (FAQ) will continue until the number of votes surpasses the total in favor of the previous Executive Vote. This is a continuous approvalĀ vote.
The need to increase the Stability Fee was discussed in the Governance call on Thursday, AprilĀ 18.
Please review the Video, Audio, Transcript (delayed by 24 to 48 hours), and the online discussion to inform your position beforeĀ voting.
Key factors under consideration for increasing the Stability FeeĀ are:
The MakerDAO community is moving forward with an Executive Vote to enact the rate determined by the previous Governance Poll.
Voting for this proposal will place your MKR in support of increasing the Stability Fee by 3% to a new total of 14.5% perĀ year.
Additional information about the Governance process can be found in the Governance Risk Framework: Governing MakerDAO
Demos, help and instructional material for the Governance Dashboard can be found at Awesome MakerDAO.
To participate in future Governance calls, please join us every Thursday at 16:00Ā UTC.
To add current and upcoming votes to your calendar, please see the MakerDAO Public Events Calendar.
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Manage all your crypto, NFT and DeFi from one placeSecurely connect the portfolio youāre using to start.
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