From 109112711bce2c4bc6c2692e65307db79ae1e2cb Mon Sep 17 00:00:00 2001 From: 0xldr <139177554+0xldr@users.noreply.github.com> Date: Mon, 23 Sep 2024 15:32:33 +0100 Subject: [PATCH 1/5] Create Atlas Edit Weekly Cycle Proposal - September 23, 2024.md --- ...kly Cycle Proposal - September 23, 2024.md | 65 +++++++++++++++++++ 1 file changed, 65 insertions(+) create mode 100644 governance/polls/Atlas Edit Weekly Cycle Proposal - September 23, 2024.md diff --git a/governance/polls/Atlas Edit Weekly Cycle Proposal - September 23, 2024.md b/governance/polls/Atlas Edit Weekly Cycle Proposal - September 23, 2024.md new file mode 100644 index 000000000..c00174cd6 --- /dev/null +++ b/governance/polls/Atlas Edit Weekly Cycle Proposal - September 23, 2024.md @@ -0,0 +1,65 @@ +--- +title: Atlas Edit Weekly Cycle Proposal - September 23, 2024 +summary: Signal your support or opposition to this Atlas edit, which 1) adds an exemption allowing the Ecosystem entity to occupy multiple ecosystem roles, 2) adjusts the wording regarding non-compliance for location-filtering, 3) adds a short term Sky on Solana crosschain strategy, 4) approves a liquidity bootstrapping budget for the Sky Ecosystem. +discussion_link: https://forum.makerdao.com/t/atlas-edit-weekly-cycle-proposal-week-of-2024-09-23/25179 +parameters: + input_format: + type: single-choice + abstain: [0] + victory_conditions: + - { + type: 'and', + conditions: [ + { type : plurality }, + { type : comparison, comparator : '>=', value: 20000 } + ] + } + - {type : default, value : 2 } + result_display: single-vote-breakdown +version: v2.0.0 +options: + 0: Abstain + 1: Yes + 2: No +start_date: 2024-09-23T16:00:00 +end_date: 2024-09-26T16:00:00 +--- +# Atlas Edit Weekly Cycle Proposal - September 23, 2024 + +The Governance Facilitators have placed an [Atlas Edit Weekly Cycle Proposal](https://sky-atlas.powerhouse.io/#A.1.9.2_Atlas_Edit_Weekly_Cycle-4a8ad9ad-5c5d-4994-9b46-f04c0e61ce59|0db30308) into the [voting system](https://vote.makerdao.com/polling) [on behalf of Prime Delegate Byteron](https://forum.makerdao.com/t/atlas-edit-weekly-cycle-proposal-week-of-2024-09-23/25179/7). This Governance [Poll](https://sky-atlas.powerhouse.io/#A.1.9.2_Atlas_Edit_Weekly_Cycle-4a8ad9ad-5c5d-4994-9b46-f04c0e61ce59%7C0db30308) will be active for three days beginning on Monday, September 23 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 following Atlas Edit Weekly Cycle Proposal: + +- [Atlas Edit Pull Request](https://github.com/makerdao/next-gen-atlas/pull/35) +- [Proposal Discussion Thread](https://forum.makerdao.com/t/atlas-edit-weekly-cycle-proposal-week-of-2024-09-23/25179) + +A brief summary of this Atlas Edit is shown below: + +- Adds an exemption allowing the Ecosystem entity to occupy multiple ecosystem roles. +- Adjusts the wording regarding non-compliance for location-filtering. +- Adds a short term Sky on Solana crosschain strategy. +- Approves a liquidity bootstrapping budget for the Sky Ecosystem. + +## Outcomes + +This poll implements a **Minimum Positive Participation** value. The Minimum Positive Participation for Atlas Edit Weekly Cycle Proposals is currently set to **20,000 MKR**. + +**If the votes for the 'Yes' option exceed the votes for the 'No' option AND the votes for the 'Yes' option exceed 20,000 MKR, then the following actions will be taken:** +- The associated Pull Request will be merged into The Atlas. + +--- + +## 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). \ No newline at end of file From f594b26e000c41f5d32c0e23ebcf37778fe0be03 Mon Sep 17 00:00:00 2001 From: 0xldr <139177554+0xldr@users.noreply.github.com> Date: Mon, 23 Sep 2024 16:04:31 +0100 Subject: [PATCH 2/5] Create LITE-PSM-USDC-A Phase 3 (Final Migration) Parameter Proposal - September 26, 2024.md --- ...Parameter Proposal - September 26, 2024.md | 77 +++++++++++++++++++ 1 file changed, 77 insertions(+) create mode 100644 governance/polls/LITE-PSM-USDC-A Phase 3 (Final Migration) Parameter Proposal - September 26, 2024.md diff --git a/governance/polls/LITE-PSM-USDC-A Phase 3 (Final Migration) Parameter Proposal - September 26, 2024.md b/governance/polls/LITE-PSM-USDC-A Phase 3 (Final Migration) Parameter Proposal - September 26, 2024.md new file mode 100644 index 000000000..ff52417c4 --- /dev/null +++ b/governance/polls/LITE-PSM-USDC-A Phase 3 (Final Migration) Parameter Proposal - September 26, 2024.md @@ -0,0 +1,77 @@ +--- +title: LITE-PSM-USDC-A Phase 3 (Final Migration) Parameter Proposal - September 26, 2024 +summary: Signal your support or opposition to the LITE-PSM-USDC-A Phase 3 parameter proposal. +discussion_link: https://forum.makerdao.com/t/lite-psm-usdc-a-phase-3-final-migration-proposed-parameters/25183 +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: 2024-09-26T16:00:00 +end_date: 2024-09-29T16:00:00 +--- +# Poll: LITE-PSM-USDC-A Phase 3 (Final Migration) Parameter Proposal - September 26, 2024 + +The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the Stability Facilitators. This Governance [Poll](https://manual.makerdao.com/governance/governance-cycle/weekly-governance-cycle#weekly-governance-cycle-definitions-mip16c1) will be active for three days beginning on Monday, September 23 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 in the context of the [LITE-PSM-USDC-A migration plan](https://forum.makerdao.com/t/litepsm-lite-psm-usdc-a-introduction-and-overview/24512#lite-psm-usdc-a-migration-plan-9): + +### Migration of Reserves + +* Migrate all remaining USDC reserves from PSM-USDC-A to LITE-PSM-USDC-A with a script executed in the spell (Note that PSM-USDC-A `tin` & `tout` will be set to zero before migration is executed in the spell transaction) + +### PSM-USDC-A Parameter Changes + +- Decrease [Toll (`tin`)](https://sky-atlas.powerhouse.io#A.3.4.1.5.1.1.1_Toll_Fee_In_Definition-0725a51a-6457-4f15-84f6-b4c3cc550592|57ea599773d45150b2632df9) by 0.01 percentage points to **0**. +- Decrease [Toll (`tout`)](https://sky-atlas.powerhouse.io/#A.3.4.1.5.1.1.2_Toll_Fee_Out_Definition-a6367de6-db65-4d77-9c29-e1f42617f27e|57ea599773d45150b2632df9) by 0.01 percentage points to **0**. +- Remove from the AutoLine (DC-IAM) +- Set Debt Ceiling to **0**. + +### LITE-PSM-USDC-A Parameter Changes + +- Leave [Toll (`tin`)](https://sky-atlas.powerhouse.io#A.3.4.1.5.1.1.1_Toll_Fee_In_Definition-0725a51a-6457-4f15-84f6-b4c3cc550592|57ea599773d45150b2632df9) and Toll (`tout`)](https://sky-atlas.powerhouse.io/#A.3.4.1.5.1.1.2_Toll_Fee_Out_Definition-a6367de6-db65-4d77-9c29-e1f42617f27e|57ea599773d45150b2632df9) unchanged at **0**. +- Increase the [Maximum Debt Ceiling (`line`)](https://sky-atlas.powerhouse.io#A.3.4.1.5.1.1.3_Maximum_Debt_Ceiling_Definition-e4a0d8f1-4a01-46a7-b693-a94e7f4afc1a|57ea599773d45150b2632df9) by 2.5 billion DAI from 7.5 billion DAI to **10 billion DAI**. +- Increase the [Target Available Debt(`gap`)](https://sky-atlas.powerhouse.io/#A.3.4.1.5.1.1.4_Target_Available_Debt_Definition-b876ecf4-a901-4721-9c4b-9f2fc21f954c|57ea599773d45150b2632df9) by 200 million DAI from 200 million DAI to **400 million DAI**. +- Leave [Ceiling Increase Cooldown (`ttl`)](https://sky-atlas.powerhouse.io/#A.3.4.1.5.1.1.5_Ceiling_Increase_Cooldown_Definition-3d5980c5-7036-4b68-93e0-a48551fe09ed|57ea599773d45150b2632df9) unchanged at **12 hours**. +- Increase the [Buffer (`buf`)](https://sky-atlas.powerhouse.io/#A.3.4.1.5.1.1.6_Buffer_Definition-cf8e3d20-fffa-4b6a-9bf2-169d493c3638|57ea599773d45150b2632df9) by 200 million DAI from 200 million DAI to **400 million DAI**. + +### Keeper Network Threshold Parameters + +Due to DC-IAM and Buf parameters changes in the LitePSM, a new KeeperJob has to be deployed with the following parameters: + +- `fill`: set `rushThreshold` to **20 million DAI**. +- `trim`: set `gushThreshold` to **20 million DAI**. +- `chug`: set `cutThreshold` to **300,000 DAI**. + +Please review the discussion [thread](https://forum.makerdao.com/t/lite-psm-usdc-a-phase-3-final-migration-proposed-parameters/25183) 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 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 these changes will become active in the Maker Protocol after the [GSM Pause Delay](https://manual.makerdao.com/parameter-index/core/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://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). From 02682234d3f285f5783643d250e9b004c6cf7775 Mon Sep 17 00:00:00 2001 From: 0xldr <139177554+0xldr@users.noreply.github.com> Date: Mon, 23 Sep 2024 16:34:13 +0100 Subject: [PATCH 3/5] Apply suggestions from code review Co-authored-by: MakerJanSky <137431968+MakerJanSky@users.noreply.github.com> --- ...las Edit Weekly Cycle Proposal - September 23, 2024.md | 2 +- ... Migration) Parameter Proposal - September 26, 2024.md | 8 ++++---- 2 files changed, 5 insertions(+), 5 deletions(-) diff --git a/governance/polls/Atlas Edit Weekly Cycle Proposal - September 23, 2024.md b/governance/polls/Atlas Edit Weekly Cycle Proposal - September 23, 2024.md index c00174cd6..9098f8579 100644 --- a/governance/polls/Atlas Edit Weekly Cycle Proposal - September 23, 2024.md +++ b/governance/polls/Atlas Edit Weekly Cycle Proposal - September 23, 2024.md @@ -44,7 +44,7 @@ A brief summary of this Atlas Edit is shown below: - Adds an exemption allowing the Ecosystem entity to occupy multiple ecosystem roles. - Adjusts the wording regarding non-compliance for location-filtering. -- Adds a short term Sky on Solana crosschain strategy. +- Adds a short-term Sky on Solana crosschain strategy. - Approves a liquidity bootstrapping budget for the Sky Ecosystem. ## Outcomes diff --git a/governance/polls/LITE-PSM-USDC-A Phase 3 (Final Migration) Parameter Proposal - September 26, 2024.md b/governance/polls/LITE-PSM-USDC-A Phase 3 (Final Migration) Parameter Proposal - September 26, 2024.md index ff52417c4..31270aa08 100644 --- a/governance/polls/LITE-PSM-USDC-A Phase 3 (Final Migration) Parameter Proposal - September 26, 2024.md +++ b/governance/polls/LITE-PSM-USDC-A Phase 3 (Final Migration) Parameter Proposal - September 26, 2024.md @@ -1,5 +1,5 @@ --- -title: LITE-PSM-USDC-A Phase 3 (Final Migration) Parameter Proposal - September 26, 2024 +title: LITE-PSM-USDC-A Phase 3 (Final Migration) Parameter Proposal - September 23, 2024 summary: Signal your support or opposition to the LITE-PSM-USDC-A Phase 3 parameter proposal. discussion_link: https://forum.makerdao.com/t/lite-psm-usdc-a-phase-3-final-migration-proposed-parameters/25183 parameters: @@ -12,10 +12,10 @@ options: 0: Abstain 1: Yes 2: No -start_date: 2024-09-26T16:00:00 -end_date: 2024-09-29T16:00:00 +start_date: 2024-09-23T16:00:00 +end_date: 2024-09-26T16:00:00 --- -# Poll: LITE-PSM-USDC-A Phase 3 (Final Migration) Parameter Proposal - September 26, 2024 +# Poll: LITE-PSM-USDC-A Phase 3 (Final Migration) Parameter Proposal - September 23, 2024 The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the Stability Facilitators. This Governance [Poll](https://manual.makerdao.com/governance/governance-cycle/weekly-governance-cycle#weekly-governance-cycle-definitions-mip16c1) will be active for three days beginning on Monday, September 23 at 16:00 UTC. From dbef866d758b37e132d85a6ebb6a1a7a2975abfc Mon Sep 17 00:00:00 2001 From: 0xldr <139177554+0xldr@users.noreply.github.com> Date: Mon, 23 Sep 2024 16:36:10 +0100 Subject: [PATCH 4/5] fix file name --- ... (Final Migration) Parameter Proposal - September 23, 2024.md} | 0 1 file changed, 0 insertions(+), 0 deletions(-) rename governance/polls/{LITE-PSM-USDC-A Phase 3 (Final Migration) Parameter Proposal - September 26, 2024.md => LITE-PSM-USDC-A Phase 3 (Final Migration) Parameter Proposal - September 23, 2024.md} (100%) diff --git a/governance/polls/LITE-PSM-USDC-A Phase 3 (Final Migration) Parameter Proposal - September 26, 2024.md b/governance/polls/LITE-PSM-USDC-A Phase 3 (Final Migration) Parameter Proposal - September 23, 2024.md similarity index 100% rename from governance/polls/LITE-PSM-USDC-A Phase 3 (Final Migration) Parameter Proposal - September 26, 2024.md rename to governance/polls/LITE-PSM-USDC-A Phase 3 (Final Migration) Parameter Proposal - September 23, 2024.md From 2905ea077fd80eed07934f53ad482749441c4f69 Mon Sep 17 00:00:00 2001 From: 0xldr <139177554+0xldr@users.noreply.github.com> Date: Mon, 23 Sep 2024 16:48:35 +0100 Subject: [PATCH 5/5] Update LITE-PSM-USDC-A Phase 3 (Final Migration) Parameter Proposal - September 23, 2024.md --- ...(Final Migration) Parameter Proposal - September 23, 2024.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/governance/polls/LITE-PSM-USDC-A Phase 3 (Final Migration) Parameter Proposal - September 23, 2024.md b/governance/polls/LITE-PSM-USDC-A Phase 3 (Final Migration) Parameter Proposal - September 23, 2024.md index 31270aa08..3ff51da20 100644 --- a/governance/polls/LITE-PSM-USDC-A Phase 3 (Final Migration) Parameter Proposal - September 23, 2024.md +++ b/governance/polls/LITE-PSM-USDC-A Phase 3 (Final Migration) Parameter Proposal - September 23, 2024.md @@ -49,7 +49,7 @@ The community can vote in this poll to express support or opposition to the foll ### Keeper Network Threshold Parameters -Due to DC-IAM and Buf parameters changes in the LitePSM, a new KeeperJob has to be deployed with the following parameters: +The parameters for the KeeperNetworkJob will be: - `fill`: set `rushThreshold` to **20 million DAI**. - `trim`: set `gushThreshold` to **20 million DAI**.