From cbfa5861b0597a861131384715e5a0dba7f10f42 Mon Sep 17 00:00:00 2001
From: blimpa <pablos.buch@gmail.com>
Date: Sun, 18 Feb 2024 18:06:44 -0300
Subject: [PATCH 01/25] Create Executive vote - February 22, 2024.md

---
 .../Executive vote - February 22, 2024.md     | 121 ++++++++++++++++++
 1 file changed, 121 insertions(+)
 create mode 100644 governance/votes/Executive vote - February 22, 2024.md

diff --git a/governance/votes/Executive vote - February 22, 2024.md b/governance/votes/Executive vote - February 22, 2024.md
new file mode 100644
index 000000000..6e3dba665
--- /dev/null
+++ b/governance/votes/Executive vote - February 22, 2024.md	
@@ -0,0 +1,121 @@
+---
+title: Template - [Executive Vote] Stability Fee Changes, Spark Protocol DC-IAM Parameter Changes, Increasing wstETH Supply Cap on Spark Ethereum, Increasing the Spark DAI Effective Borrow APY, Housekeeping Actions, Triggering Spark Proxy Spell - February 22, 2024
+summary: Stability Fee changes for ETH-A, ETH-B, ETH-C, WSTETH-A, WSTETH-B, WBTC-A, WBTC-B, WBTC-C, Spark Protocol DC-IAM parameter changes, increasing wstETH supply cap to 1.2M on Spark Ethereum, increasing the Spark DAI effective borrow APY to 6.70%, pushing USDP out of input conduit, yanking BA Labs DAI and MKR vest streams, triggering Spark proxy spell.  
+date: 2024-02-22T00:00:00.000Z
+address: "$spell_address"
+
+---
+# [Executive Vote] Stability Fee Changes, Spark Protocol DC-IAM Parameter Changes, Increasing wstETH Supply Cap on Spark Ethereum, Increasing the Spark DAI Effective Borrow APY, Pushing USDP out of Input Conduit, Yanking Vest Streams, Triggering Spark Proxy Spell - February 22, 2024
+
+The Governance Facilitators, Sidestream, and Dewiz have placed an executive proposal into the voting system. MKR Holders should vote for this proposal if they support the following alterations to the Maker Protocol.
+
+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.
+
+---
+
+## Executive Summary
+
+If this executive proposal passes, the following actions will occur within the Maker Protocol:
+
+- ETH-A, ETH-B, ETH-C, WSTETH-A, WSTETH-B, WBTC-A, WBTC-B, WBTC-C [Stability Fee](https://manual.makerdao.com/parameter-index/vault-risk/param-stability-fee) decreases, as detailed below. 
+- Spark Protocol [DC-IAM](https://manual.makerdao.com/module-index/module-dciam) parameter changes, as detailed below.
+- Increasing wstETH Supply Cap to **1.2M** on Spark Ethereum, as detailed below.
+- Increasing the Spark DAI Effective Borrow APY by 0.24 percentage points, from 6.46% to **6.70%**, as detailed below.
+- Housekeeping actions:
+  - Yanking BA Labs DAI and MKR vest streams, as detailed below.
+  - Pushing USDP out of input conduit, as detailed below.
+- Triggering Spark proxy spell, as detailed below.
+
+**Voting for this executive proposal will place your MKR in support of the changes and additions outlined above.**
+
+Unless otherwise noted, the changes and additions listed above are subject to the [GSM Pause Delay](https://manual.makerdao.com/parameter-index/core/param-gsm-pause-delay). This means that if this executive proposal passes, the changes and additions listed above will only become active in the Maker Protocol after the GSM Pause Delay has expired. The GSM Pause Delay is currently set to **48 hours**.
+
+If this executive proposal does not pass within 30 days, then it will expire and can no longer have any effect on the Maker Protocol.
+
+---
+
+## Proposal Details
+
+### ETH-A, ETH-B, ETH-C, WSTETH-A, WSTETH-B, WBTC-A, WBTC-B, WBTC-C [Stability Fee](https://manual.makerdao.com/parameter-index/vault-risk/param-stability-fee) Decreases
+
+**Authorization:** [Ecosystem Approval](http://forum.makerdao.com/t/stability-scope-parameter-changes-9/23688/2)
+**Proposal:** [Forum post "Stability Scope Parameter Changes #9"](https://forum.makerdao.com/t/stability-scope-parameter-changes-9/23688)
+
+If this executive proposal passes, following the recommendation of the Stability Scope Advisory Council Member, BA Labs, the following parameters will be changed:
+
+- Decrease the ETH-A Stability Fee by 0.33 percentage points, from 6.74% to **6.41%**.
+- Decrease the ETH-B Stability Fee by 0.33 percentage points, from 7.24% to **6.91%**.
+- Decrease the ETH-C Stability Fee by 0.33 percentage points, from 6.49% to **6.16%**.
+- Decrease the WSTETH-A Stability Fee by 0.51 percentage points, from 7.16% to **6.65%**.
+- Decrease the WSTETH-B Stability Fee by 0.51 percentage points, from 6.91% to **6.40%**.
+- Decrease the WBTC-A Stability Fee by 0.02 percentage points, from 6.70% to **6.68%**.
+- Decrease the WBTC-B Stability Fee by 0.02 percentage points, from 7.20% to **7.18%**.
+- Decrease the WBTC-C Stability Fee by 0.02 percentage points, from 6.45% to **6.43%**.
+
+### Spark Protocol [DC-IAM](https://manual.makerdao.com/module-index/module-dciam) Parameter Changes
+
+**Authorization:** [Ecosystem Approval](https://forum.makerdao.com/t/feb-9-2024-proposed-changes-to-sparklend-for-upcoming-spell/23656/3)
+**Proposal:** [Forum post "[Feb 9, 2024] Proposed Changes to SparkLend for Upcoming Spell"](https://forum.makerdao.com/t/feb-9-2024-proposed-changes-to-sparklend-for-upcoming-spell/23656)
+
+If this executive proposal passes, following the recommendation of Ecosystem Actor Phoenix Labs, the following Spark Protocol [DC-IAM](https://manual.makerdao.com/module-index/module-dciam) parameters will be changed:
+
+- Increase the DIRECT-SPARK-DAI [Maximum Debt Ceiling (`line`)](https://manual.makerdao.com/module-index/module-dciam#maximum-debt-ceiling-line) by 300 million DAI from 1.2 billion DAI to **1.5 billion DAI**.
+- Increase the DIRECT-SPARK-DAI [Target Available Debt (`gap`)](https://manual.makerdao.com/module-index/module-dciam#target-available-debt-gap) by 20 million DAI from 20 million DAI to **40 million DAI**.
+- Increase the DIRECT-SPARK-DAI [Ceiling Increase Cooldown (`ttl`)](https://manual.makerdao.com/module-index/module-dciam#ceiling-increase-cooldown-ttl) by 12 hours from 12 hours to **24 hours**.
+- Increase the DIRECT-SPARK-DAI buffer by 20 million DAI from 30 million DAI to **50 million DAI**.
+
+### Increasing wstETH Supply Cap on Spark Ethereum
+
+**Authorization:** TBD
+**Proposal:** [Forum post "[Feb 14, 2024] Proposed Changes to SparkLend for Upcoming Spell"](https://forum.makerdao.com/t/feb-14-2024-proposed-changes-to-sparklend-for-upcoming-spell/23684)
+
+If this executive proposal passes, following the recommendation of Ecosystem Actor Phoenix Labs, the wstETH supply cap on Spark Ethereum will be changed:
+
+- Increase the wstETH supply cap to **1,2M**.
+
+### Increasing the Spark DAI Effective Borrow APY on Spark Ethereum
+
+**Authorization:** [Ecosystem Approval](https://forum.makerdao.com/t/stability-scope-parameter-changes-9/23688/2)
+**Proposal:** [Forum post "Stability Scope Parameter Changes #9"](https://forum.makerdao.com/t/stability-scope-parameter-changes-9/23688)
+
+If this executive proposal passes, following the recommendation of the Stability Scope Advisory Council Member, BA Labs, the DAI effective borrow rate on Spark Ethereum will be changed:
+
+- Increase the Spark DAI Effective Borrow APY by 0.24 percentage points, from 6.46% to **6.70%**.
+
+### Housekeeping Actions
+
+**Authorization:** [Ecosystem Approval](https://forum.makerdao.com/t/proposed-housekeeping-items-upcoming-executive-spell-2024-02-22/23697/2)
+**Proposal:** [Forum post "Proposed Housekeeping items (Upcoming Executive Spell - 2024-02-22)"](https://forum.makerdao.com/t/proposed-housekeeping-items-upcoming-executive-spell-2024-02-22/23697)
+
+#### Push USDP out of Input Conduit
+
+If this executive proposal passes, following the recommendation of the Governance Facilitators in collaboration with the spell team, the following operations will be performed:
+
+- Raise the `PSM_PAX_A`Debt Ceiling temporarily from 0 DAI to 1,000,000 DAI.
+- Deposit the contents of `PSM_PAX_A_INPUT_CONDUIT_JA` to the PSM, and receive an identical DAI amount into `PSM_PAX_A_JAR`.
+- Deposit the contents of `PSM_PAX_A_JAR` to the Surplus Buffer.
+- Decrease the `PSM_PAX_A`Debt Ceiling back to 0 DAI.
+
+#### Yank BA Labs DAI and MKR Vest Streams
+
+If this executive proposal passes, following the recommendation of the Governance Facilitators, the BA Labs DAI and MKR vest streams will be cancelled (yanked), namely:
+
+- yank BA Labs DAI stream 20.
+- yank BA Labs DAI stream 21.
+- yank BA Labs MKR stream 35.
+
+### Trigger Spark Proxy Spell
+
+TBD
+
+## Review
+
+Community debate on these topics can be found on the MakerDAO [Governance forum](https://forum.makerdao.com/). Please review any linked threads to inform your position before voting.
+
+---
+
+## Resources
+
+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).
\ No newline at end of file

From a47a6a477bc3dc12f0050402d97dc6c037f88fbf Mon Sep 17 00:00:00 2001
From: VoteWizard <139255802+VoteWizard@users.noreply.github.com>
Date: Tue, 20 Feb 2024 04:44:08 -0200
Subject: [PATCH 02/25] Update governance/votes/Executive vote - February 22,
 2024.md

---
 governance/votes/Executive vote - February 22, 2024.md | 2 +-
 1 file changed, 1 insertion(+), 1 deletion(-)

diff --git a/governance/votes/Executive vote - February 22, 2024.md b/governance/votes/Executive vote - February 22, 2024.md
index 6e3dba665..146b9c139 100644
--- a/governance/votes/Executive vote - February 22, 2024.md	
+++ b/governance/votes/Executive vote - February 22, 2024.md	
@@ -1,5 +1,5 @@
 ---
-title: Template - [Executive Vote] Stability Fee Changes, Spark Protocol DC-IAM Parameter Changes, Increasing wstETH Supply Cap on Spark Ethereum, Increasing the Spark DAI Effective Borrow APY, Housekeeping Actions, Triggering Spark Proxy Spell - February 22, 2024
+title: Template - [Executive Vote] Stability Fee Changes, Spark Protocol DC-IAM Parameter Changes, Housekeeping Actions, Triggering Spark Proxy Spell - February 22, 2024
 summary: Stability Fee changes for ETH-A, ETH-B, ETH-C, WSTETH-A, WSTETH-B, WBTC-A, WBTC-B, WBTC-C, Spark Protocol DC-IAM parameter changes, increasing wstETH supply cap to 1.2M on Spark Ethereum, increasing the Spark DAI effective borrow APY to 6.70%, pushing USDP out of input conduit, yanking BA Labs DAI and MKR vest streams, triggering Spark proxy spell.  
 date: 2024-02-22T00:00:00.000Z
 address: "$spell_address"

From 8bd3dbea63428647bf4fca2b287e8dfb64520490 Mon Sep 17 00:00:00 2001
From: VoteWizard <139255802+VoteWizard@users.noreply.github.com>
Date: Tue, 20 Feb 2024 04:44:16 -0200
Subject: [PATCH 03/25] Update governance/votes/Executive vote - February 22,
 2024.md

---
 governance/votes/Executive vote - February 22, 2024.md | 2 +-
 1 file changed, 1 insertion(+), 1 deletion(-)

diff --git a/governance/votes/Executive vote - February 22, 2024.md b/governance/votes/Executive vote - February 22, 2024.md
index 146b9c139..471c5b0c9 100644
--- a/governance/votes/Executive vote - February 22, 2024.md	
+++ b/governance/votes/Executive vote - February 22, 2024.md	
@@ -1,6 +1,6 @@
 ---
 title: Template - [Executive Vote] Stability Fee Changes, Spark Protocol DC-IAM Parameter Changes, Housekeeping Actions, Triggering Spark Proxy Spell - February 22, 2024
-summary: Stability Fee changes for ETH-A, ETH-B, ETH-C, WSTETH-A, WSTETH-B, WBTC-A, WBTC-B, WBTC-C, Spark Protocol DC-IAM parameter changes, increasing wstETH supply cap to 1.2M on Spark Ethereum, increasing the Spark DAI effective borrow APY to 6.70%, pushing USDP out of input conduit, yanking BA Labs DAI and MKR vest streams, triggering Spark proxy spell.  
+summary: Stability Fee changes for ETH-A, ETH-B, ETH-C, WSTETH-A, WSTETH-B, WBTC-A, WBTC-B, WBTC-C, Spark Protocol DC-IAM parameter changes, pushing USDP out of input conduit, yanking BA Labs DAI and MKR vest streams, triggering Spark proxy spell.  
 date: 2024-02-22T00:00:00.000Z
 address: "$spell_address"
 

From 20136ffd1d0676563d91178bcc93eeefae878881 Mon Sep 17 00:00:00 2001
From: VoteWizard <139255802+VoteWizard@users.noreply.github.com>
Date: Tue, 20 Feb 2024 04:44:23 -0200
Subject: [PATCH 04/25] Update governance/votes/Executive vote - February 22,
 2024.md

---
 governance/votes/Executive vote - February 22, 2024.md | 1 -
 1 file changed, 1 deletion(-)

diff --git a/governance/votes/Executive vote - February 22, 2024.md b/governance/votes/Executive vote - February 22, 2024.md
index 471c5b0c9..eb4eacfd4 100644
--- a/governance/votes/Executive vote - February 22, 2024.md	
+++ b/governance/votes/Executive vote - February 22, 2024.md	
@@ -19,7 +19,6 @@ If this executive proposal passes, the following actions will occur within the M
 
 - ETH-A, ETH-B, ETH-C, WSTETH-A, WSTETH-B, WBTC-A, WBTC-B, WBTC-C [Stability Fee](https://manual.makerdao.com/parameter-index/vault-risk/param-stability-fee) decreases, as detailed below. 
 - Spark Protocol [DC-IAM](https://manual.makerdao.com/module-index/module-dciam) parameter changes, as detailed below.
-- Increasing wstETH Supply Cap to **1.2M** on Spark Ethereum, as detailed below.
 - Increasing the Spark DAI Effective Borrow APY by 0.24 percentage points, from 6.46% to **6.70%**, as detailed below.
 - Housekeeping actions:
   - Yanking BA Labs DAI and MKR vest streams, as detailed below.

From e79ab33992ada2b9edba43a7f8b2e8e19a03e8c8 Mon Sep 17 00:00:00 2001
From: VoteWizard <139255802+VoteWizard@users.noreply.github.com>
Date: Tue, 20 Feb 2024 04:44:29 -0200
Subject: [PATCH 05/25] Update governance/votes/Executive vote - February 22,
 2024.md

---
 governance/votes/Executive vote - February 22, 2024.md | 1 -
 1 file changed, 1 deletion(-)

diff --git a/governance/votes/Executive vote - February 22, 2024.md b/governance/votes/Executive vote - February 22, 2024.md
index eb4eacfd4..b5f173eb1 100644
--- a/governance/votes/Executive vote - February 22, 2024.md	
+++ b/governance/votes/Executive vote - February 22, 2024.md	
@@ -19,7 +19,6 @@ If this executive proposal passes, the following actions will occur within the M
 
 - ETH-A, ETH-B, ETH-C, WSTETH-A, WSTETH-B, WBTC-A, WBTC-B, WBTC-C [Stability Fee](https://manual.makerdao.com/parameter-index/vault-risk/param-stability-fee) decreases, as detailed below. 
 - Spark Protocol [DC-IAM](https://manual.makerdao.com/module-index/module-dciam) parameter changes, as detailed below.
-- Increasing the Spark DAI Effective Borrow APY by 0.24 percentage points, from 6.46% to **6.70%**, as detailed below.
 - Housekeeping actions:
   - Yanking BA Labs DAI and MKR vest streams, as detailed below.
   - Pushing USDP out of input conduit, as detailed below.

From 181d2876735e763c9e570e221e57f440417140bc Mon Sep 17 00:00:00 2001
From: VoteWizard <139255802+VoteWizard@users.noreply.github.com>
Date: Tue, 20 Feb 2024 04:46:05 -0200
Subject: [PATCH 06/25] Remove subdao instructions from the main spell

---
 .../Executive vote - February 22, 2024.md     | 22 ++-----------------
 1 file changed, 2 insertions(+), 20 deletions(-)

diff --git a/governance/votes/Executive vote - February 22, 2024.md b/governance/votes/Executive vote - February 22, 2024.md
index b5f173eb1..73f6bf9ce 100644
--- a/governance/votes/Executive vote - February 22, 2024.md	
+++ b/governance/votes/Executive vote - February 22, 2024.md	
@@ -62,30 +62,12 @@ If this executive proposal passes, following the recommendation of Ecosystem Act
 - Increase the DIRECT-SPARK-DAI [Ceiling Increase Cooldown (`ttl`)](https://manual.makerdao.com/module-index/module-dciam#ceiling-increase-cooldown-ttl) by 12 hours from 12 hours to **24 hours**.
 - Increase the DIRECT-SPARK-DAI buffer by 20 million DAI from 30 million DAI to **50 million DAI**.
 
-### Increasing wstETH Supply Cap on Spark Ethereum
-
-**Authorization:** TBD
-**Proposal:** [Forum post "[Feb 14, 2024] Proposed Changes to SparkLend for Upcoming Spell"](https://forum.makerdao.com/t/feb-14-2024-proposed-changes-to-sparklend-for-upcoming-spell/23684)
-
-If this executive proposal passes, following the recommendation of Ecosystem Actor Phoenix Labs, the wstETH supply cap on Spark Ethereum will be changed:
-
-- Increase the wstETH supply cap to **1,2M**.
-
-### Increasing the Spark DAI Effective Borrow APY on Spark Ethereum
-
-**Authorization:** [Ecosystem Approval](https://forum.makerdao.com/t/stability-scope-parameter-changes-9/23688/2)
-**Proposal:** [Forum post "Stability Scope Parameter Changes #9"](https://forum.makerdao.com/t/stability-scope-parameter-changes-9/23688)
-
-If this executive proposal passes, following the recommendation of the Stability Scope Advisory Council Member, BA Labs, the DAI effective borrow rate on Spark Ethereum will be changed:
-
-- Increase the Spark DAI Effective Borrow APY by 0.24 percentage points, from 6.46% to **6.70%**.
-
 ### Housekeeping Actions
 
 **Authorization:** [Ecosystem Approval](https://forum.makerdao.com/t/proposed-housekeeping-items-upcoming-executive-spell-2024-02-22/23697/2)
 **Proposal:** [Forum post "Proposed Housekeeping items (Upcoming Executive Spell - 2024-02-22)"](https://forum.makerdao.com/t/proposed-housekeeping-items-upcoming-executive-spell-2024-02-22/23697)
 
-#### Push USDP out of Input Conduit
+#### Push USDP out of the Input Conduit
 
 If this executive proposal passes, following the recommendation of the Governance Facilitators in collaboration with the spell team, the following operations will be performed:
 
@@ -116,4 +98,4 @@ Community debate on these topics can be found on the MakerDAO [Governance forum]
 
 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).
\ No newline at end of file
+To add current and upcoming votes to your calendar, please see the [MakerDAO Governance Calendar](https://manual.makerdao.com/makerdao/calendars/governance-calendar).

From 22b4f7a8ee8393eed2ba412ae444d809d0f4b18b Mon Sep 17 00:00:00 2001
From: VoteWizard <139255802+VoteWizard@users.noreply.github.com>
Date: Tue, 20 Feb 2024 04:59:31 -0200
Subject: [PATCH 07/25] Add Subdao instructions under Proxy Spell

---
 governance/votes/Executive vote - February 22, 2024.md | 7 ++++++-
 1 file changed, 6 insertions(+), 1 deletion(-)

diff --git a/governance/votes/Executive vote - February 22, 2024.md b/governance/votes/Executive vote - February 22, 2024.md
index 73f6bf9ce..97922f41c 100644
--- a/governance/votes/Executive vote - February 22, 2024.md	
+++ b/governance/votes/Executive vote - February 22, 2024.md	
@@ -86,7 +86,12 @@ If this executive proposal passes, following the recommendation of the Governanc
 
 ### Trigger Spark Proxy Spell
 
-TBD
+**Authorization:** [Ecosystem Approval](https://forum.makerdao.com/t/stability-scope-parameter-changes-9/23688/2), [Governance Poll](https://vote.makerdao.com/polling/QmQC1UXZ)\
+**Proposal:** [Forum post "Stability Scope Parameter Changes #9"](https://forum.makerdao.com/t/stability-scope-parameter-changes-9/23688), [Forum post "[Feb 14, 2024] Proposed Changes to SparkLend for Upcoming Spell"](https://forum.makerdao.com/t/feb-14-2024-proposed-changes-to-sparklend-for-upcoming-spell/23684)
+
+If this executive proposal passes, the SparkLend Proxy Spell (Ethereum) at TBD will be executed, containing the following major items:
+- Increase the [wstETH](https://app.spark.fi/reserve-overview/?underlyingAsset=0x7f39c581f595b53c5cb19bd0b3f8da6c935e2ca0&marketName=proto_spark_v3) [Supply Cap](https://docs.sparkprotocol.io/developers/sparklend/features/supply-borrow-caps#supply-caps) to **1,2M**.
+- Increase the Spark DAI Effective Borrow APY by 0.24 percentage points, from 6.46% to **6.70%**.
 
 ## Review
 

From a54a01f5df247fc3c8f8e4bc361e6f5a3909ecd5 Mon Sep 17 00:00:00 2001
From: VoteWizard <139255802+VoteWizard@users.noreply.github.com>
Date: Tue, 20 Feb 2024 05:06:25 -0200
Subject: [PATCH 08/25] Update governance/votes/Executive vote - February 22,
 2024.md

---
 governance/votes/Executive vote - February 22, 2024.md | 2 +-
 1 file changed, 1 insertion(+), 1 deletion(-)

diff --git a/governance/votes/Executive vote - February 22, 2024.md b/governance/votes/Executive vote - February 22, 2024.md
index 97922f41c..674401415 100644
--- a/governance/votes/Executive vote - February 22, 2024.md	
+++ b/governance/votes/Executive vote - February 22, 2024.md	
@@ -1,5 +1,5 @@
 ---
-title: Template - [Executive Vote] Stability Fee Changes, Spark Protocol DC-IAM Parameter Changes, Housekeeping Actions, Triggering Spark Proxy Spell - February 22, 2024
+title: Template - [Executive Vote] Stability Fee Changes, Spark Protocol DC-IAM Parameter Changes, Housekeeping Actions, Spark Proxy Spell - February 22, 2024
 summary: Stability Fee changes for ETH-A, ETH-B, ETH-C, WSTETH-A, WSTETH-B, WBTC-A, WBTC-B, WBTC-C, Spark Protocol DC-IAM parameter changes, pushing USDP out of input conduit, yanking BA Labs DAI and MKR vest streams, triggering Spark proxy spell.  
 date: 2024-02-22T00:00:00.000Z
 address: "$spell_address"

From b927a7f26273255ed20edabdb7d91483114c2c12 Mon Sep 17 00:00:00 2001
From: VoteWizard <139255802+VoteWizard@users.noreply.github.com>
Date: Tue, 20 Feb 2024 05:18:31 -0200
Subject: [PATCH 09/25] Update governance/votes/Executive vote - February 22,
 2024.md

---
 governance/votes/Executive vote - February 22, 2024.md | 2 +-
 1 file changed, 1 insertion(+), 1 deletion(-)

diff --git a/governance/votes/Executive vote - February 22, 2024.md b/governance/votes/Executive vote - February 22, 2024.md
index 674401415..a801af852 100644
--- a/governance/votes/Executive vote - February 22, 2024.md	
+++ b/governance/votes/Executive vote - February 22, 2024.md	
@@ -5,7 +5,7 @@ date: 2024-02-22T00:00:00.000Z
 address: "$spell_address"
 
 ---
-# [Executive Vote] Stability Fee Changes, Spark Protocol DC-IAM Parameter Changes, Increasing wstETH Supply Cap on Spark Ethereum, Increasing the Spark DAI Effective Borrow APY, Pushing USDP out of Input Conduit, Yanking Vest Streams, Triggering Spark Proxy Spell - February 22, 2024
+# [Executive Vote] Stability Fee Changes, Spark Protocol DC-IAM Parameter Changes, Housekeeping Actions, Spark Proxy Spell - February 22, 2024
 
 The Governance Facilitators, Sidestream, and Dewiz have placed an executive proposal into the voting system. MKR Holders should vote for this proposal if they support the following alterations to the Maker Protocol.
 

From 491bc6d095c8b432d811eb7978ca8e786c0aefed Mon Sep 17 00:00:00 2001
From: VoteWizard <139255802+VoteWizard@users.noreply.github.com>
Date: Tue, 20 Feb 2024 05:24:14 -0200
Subject: [PATCH 10/25] Update governance/votes/Executive vote - February 22,
 2024.md

---
 governance/votes/Executive vote - February 22, 2024.md | 2 +-
 1 file changed, 1 insertion(+), 1 deletion(-)

diff --git a/governance/votes/Executive vote - February 22, 2024.md b/governance/votes/Executive vote - February 22, 2024.md
index a801af852..ec99f43c4 100644
--- a/governance/votes/Executive vote - February 22, 2024.md	
+++ b/governance/votes/Executive vote - February 22, 2024.md	
@@ -17,7 +17,7 @@ If you are new to voting in the Maker Protocol, please see the [voting guide](ht
 
 If this executive proposal passes, the following actions will occur within the Maker Protocol:
 
-- ETH-A, ETH-B, ETH-C, WSTETH-A, WSTETH-B, WBTC-A, WBTC-B, WBTC-C [Stability Fee](https://manual.makerdao.com/parameter-index/vault-risk/param-stability-fee) decreases, as detailed below. 
+- ETH-A, ETH-B, ETH-C, WSTETH-A, WSTETH-B, WBTC-A, WBTC-B, WBTC-C [Stability Fees](https://manual.makerdao.com/parameter-index/vault-risk/param-stability-fee) will be decreased, as detailed below. 
 - Spark Protocol [DC-IAM](https://manual.makerdao.com/module-index/module-dciam) parameter changes, as detailed below.
 - Housekeeping actions:
   - Yanking BA Labs DAI and MKR vest streams, as detailed below.

From 9341d41ab7b9e906f214dea46b9c2f9e62aa19e9 Mon Sep 17 00:00:00 2001
From: VoteWizard <139255802+VoteWizard@users.noreply.github.com>
Date: Tue, 20 Feb 2024 05:29:07 -0200
Subject: [PATCH 11/25] Fix incorrect tense

---
 governance/votes/Executive vote - February 22, 2024.md | 10 +++++-----
 1 file changed, 5 insertions(+), 5 deletions(-)

diff --git a/governance/votes/Executive vote - February 22, 2024.md b/governance/votes/Executive vote - February 22, 2024.md
index ec99f43c4..83f0d0f49 100644
--- a/governance/votes/Executive vote - February 22, 2024.md	
+++ b/governance/votes/Executive vote - February 22, 2024.md	
@@ -18,11 +18,11 @@ If you are new to voting in the Maker Protocol, please see the [voting guide](ht
 If this executive proposal passes, the following actions will occur within the Maker Protocol:
 
 - ETH-A, ETH-B, ETH-C, WSTETH-A, WSTETH-B, WBTC-A, WBTC-B, WBTC-C [Stability Fees](https://manual.makerdao.com/parameter-index/vault-risk/param-stability-fee) will be decreased, as detailed below. 
-- Spark Protocol [DC-IAM](https://manual.makerdao.com/module-index/module-dciam) parameter changes, as detailed below.
-- Housekeeping actions:
-  - Yanking BA Labs DAI and MKR vest streams, as detailed below.
-  - Pushing USDP out of input conduit, as detailed below.
-- Triggering Spark proxy spell, as detailed below.
+- Spark Protocol [DC-IAM](https://manual.makerdao.com/module-index/module-dciam) parameters will be changed, as detailed below.
+- The following housekeeping actions will be carried out:
+  - BA Labs DAI and MKR vest streams will be yanked, as detailed below.
+  - USDP will be pushed out of the input conduit, as detailed below.
+- A Spark Protocol proxy spell will be triggered, as detailed below.
 
 **Voting for this executive proposal will place your MKR in support of the changes and additions outlined above.**
 

From c806cf8d4a4fdc625ea910fd241af14f4a8991c9 Mon Sep 17 00:00:00 2001
From: VoteWizard <139255802+VoteWizard@users.noreply.github.com>
Date: Tue, 20 Feb 2024 05:34:52 -0200
Subject: [PATCH 12/25] Update governance/votes/Executive vote - February 22,
 2024.md

---
 governance/votes/Executive vote - February 22, 2024.md | 2 +-
 1 file changed, 1 insertion(+), 1 deletion(-)

diff --git a/governance/votes/Executive vote - February 22, 2024.md b/governance/votes/Executive vote - February 22, 2024.md
index 83f0d0f49..eba0d5126 100644
--- a/governance/votes/Executive vote - February 22, 2024.md	
+++ b/governance/votes/Executive vote - February 22, 2024.md	
@@ -36,7 +36,7 @@ If this executive proposal does not pass within 30 days, then it will expire and
 
 ### ETH-A, ETH-B, ETH-C, WSTETH-A, WSTETH-B, WBTC-A, WBTC-B, WBTC-C [Stability Fee](https://manual.makerdao.com/parameter-index/vault-risk/param-stability-fee) Decreases
 
-**Authorization:** [Ecosystem Approval](http://forum.makerdao.com/t/stability-scope-parameter-changes-9/23688/2)
+**Authorization:** [Ecosystem Approval](http://forum.makerdao.com/t/stability-scope-parameter-changes-9/23688/2)\
 **Proposal:** [Forum post "Stability Scope Parameter Changes #9"](https://forum.makerdao.com/t/stability-scope-parameter-changes-9/23688)
 
 If this executive proposal passes, following the recommendation of the Stability Scope Advisory Council Member, BA Labs, the following parameters will be changed:

From 6c18fc8c64015285af03eff393e9d158a6f0c658 Mon Sep 17 00:00:00 2001
From: VoteWizard <139255802+VoteWizard@users.noreply.github.com>
Date: Tue, 20 Feb 2024 05:35:43 -0200
Subject: [PATCH 13/25] Format fix

---
 governance/votes/Executive vote - February 22, 2024.md | 4 ++--
 1 file changed, 2 insertions(+), 2 deletions(-)

diff --git a/governance/votes/Executive vote - February 22, 2024.md b/governance/votes/Executive vote - February 22, 2024.md
index eba0d5126..30a079855 100644
--- a/governance/votes/Executive vote - February 22, 2024.md	
+++ b/governance/votes/Executive vote - February 22, 2024.md	
@@ -52,7 +52,7 @@ If this executive proposal passes, following the recommendation of the Stability
 
 ### Spark Protocol [DC-IAM](https://manual.makerdao.com/module-index/module-dciam) Parameter Changes
 
-**Authorization:** [Ecosystem Approval](https://forum.makerdao.com/t/feb-9-2024-proposed-changes-to-sparklend-for-upcoming-spell/23656/3)
+**Authorization:** [Ecosystem Approval](https://forum.makerdao.com/t/feb-9-2024-proposed-changes-to-sparklend-for-upcoming-spell/23656/3)\
 **Proposal:** [Forum post "[Feb 9, 2024] Proposed Changes to SparkLend for Upcoming Spell"](https://forum.makerdao.com/t/feb-9-2024-proposed-changes-to-sparklend-for-upcoming-spell/23656)
 
 If this executive proposal passes, following the recommendation of Ecosystem Actor Phoenix Labs, the following Spark Protocol [DC-IAM](https://manual.makerdao.com/module-index/module-dciam) parameters will be changed:
@@ -64,7 +64,7 @@ If this executive proposal passes, following the recommendation of Ecosystem Act
 
 ### Housekeeping Actions
 
-**Authorization:** [Ecosystem Approval](https://forum.makerdao.com/t/proposed-housekeeping-items-upcoming-executive-spell-2024-02-22/23697/2)
+**Authorization:** [Ecosystem Approval](https://forum.makerdao.com/t/proposed-housekeeping-items-upcoming-executive-spell-2024-02-22/23697/2)\
 **Proposal:** [Forum post "Proposed Housekeeping items (Upcoming Executive Spell - 2024-02-22)"](https://forum.makerdao.com/t/proposed-housekeeping-items-upcoming-executive-spell-2024-02-22/23697)
 
 #### Push USDP out of the Input Conduit

From b8a59219edd1c8548d1987d06e12840b45583f0f Mon Sep 17 00:00:00 2001
From: VoteWizard <139255802+VoteWizard@users.noreply.github.com>
Date: Tue, 20 Feb 2024 05:51:02 -0200
Subject: [PATCH 14/25] Update governance/votes/Executive vote - February 22,
 2024.md

---
 governance/votes/Executive vote - February 22, 2024.md | 2 +-
 1 file changed, 1 insertion(+), 1 deletion(-)

diff --git a/governance/votes/Executive vote - February 22, 2024.md b/governance/votes/Executive vote - February 22, 2024.md
index 30a079855..82a75bb7d 100644
--- a/governance/votes/Executive vote - February 22, 2024.md	
+++ b/governance/votes/Executive vote - February 22, 2024.md	
@@ -1,5 +1,5 @@
 ---
-title: Template - [Executive Vote] Stability Fee Changes, Spark Protocol DC-IAM Parameter Changes, Housekeeping Actions, Spark Proxy Spell - February 22, 2024
+title: Template - [Executive Vote] Stability Fee Changes, Spark Protocol D3M Parameter Changes, Housekeeping Actions, Spark Proxy Spell - February 22, 2024
 summary: Stability Fee changes for ETH-A, ETH-B, ETH-C, WSTETH-A, WSTETH-B, WBTC-A, WBTC-B, WBTC-C, Spark Protocol DC-IAM parameter changes, pushing USDP out of input conduit, yanking BA Labs DAI and MKR vest streams, triggering Spark proxy spell.  
 date: 2024-02-22T00:00:00.000Z
 address: "$spell_address"

From 2cc4426eef9e81203c7b701a8bb578eb9b798eab Mon Sep 17 00:00:00 2001
From: VoteWizard <139255802+VoteWizard@users.noreply.github.com>
Date: Tue, 20 Feb 2024 05:53:41 -0200
Subject: [PATCH 15/25] Add D3M

---
 governance/votes/Executive vote - February 22, 2024.md | 10 +++++-----
 1 file changed, 5 insertions(+), 5 deletions(-)

diff --git a/governance/votes/Executive vote - February 22, 2024.md b/governance/votes/Executive vote - February 22, 2024.md
index 82a75bb7d..50757b6f9 100644
--- a/governance/votes/Executive vote - February 22, 2024.md	
+++ b/governance/votes/Executive vote - February 22, 2024.md	
@@ -1,11 +1,11 @@
 ---
 title: Template - [Executive Vote] Stability Fee Changes, Spark Protocol D3M Parameter Changes, Housekeeping Actions, Spark Proxy Spell - February 22, 2024
-summary: Stability Fee changes for ETH-A, ETH-B, ETH-C, WSTETH-A, WSTETH-B, WBTC-A, WBTC-B, WBTC-C, Spark Protocol DC-IAM parameter changes, pushing USDP out of input conduit, yanking BA Labs DAI and MKR vest streams, triggering Spark proxy spell.  
+summary: Stability Fee changes for ETH-A, ETH-B, ETH-C, WSTETH-A, WSTETH-B, WBTC-A, WBTC-B, WBTC-C, Spark Protocol D3M (DC-IAM) parameter changes, pushing USDP out of input conduit, yanking BA Labs DAI and MKR vest streams, triggering Spark proxy spell.  
 date: 2024-02-22T00:00:00.000Z
 address: "$spell_address"
 
 ---
-# [Executive Vote] Stability Fee Changes, Spark Protocol DC-IAM Parameter Changes, Housekeeping Actions, Spark Proxy Spell - February 22, 2024
+# [Executive Vote] Stability Fee Changes, Spark Protocol D3M Parameter Changes, Housekeeping Actions, Spark Proxy Spell - February 22, 2024
 
 The Governance Facilitators, Sidestream, and Dewiz have placed an executive proposal into the voting system. MKR Holders should vote for this proposal if they support the following alterations to the Maker Protocol.
 
@@ -18,7 +18,7 @@ If you are new to voting in the Maker Protocol, please see the [voting guide](ht
 If this executive proposal passes, the following actions will occur within the Maker Protocol:
 
 - ETH-A, ETH-B, ETH-C, WSTETH-A, WSTETH-B, WBTC-A, WBTC-B, WBTC-C [Stability Fees](https://manual.makerdao.com/parameter-index/vault-risk/param-stability-fee) will be decreased, as detailed below. 
-- Spark Protocol [DC-IAM](https://manual.makerdao.com/module-index/module-dciam) parameters will be changed, as detailed below.
+- Spark Protocol [D3M (DC-IAM)](https://manual.makerdao.com/module-index/module-dciam) parameters will be changed, as detailed below.
 - The following housekeeping actions will be carried out:
   - BA Labs DAI and MKR vest streams will be yanked, as detailed below.
   - USDP will be pushed out of the input conduit, as detailed below.
@@ -50,12 +50,12 @@ If this executive proposal passes, following the recommendation of the Stability
 - Decrease the WBTC-B Stability Fee by 0.02 percentage points, from 7.20% to **7.18%**.
 - Decrease the WBTC-C Stability Fee by 0.02 percentage points, from 6.45% to **6.43%**.
 
-### Spark Protocol [DC-IAM](https://manual.makerdao.com/module-index/module-dciam) Parameter Changes
+### Spark Protocol [D3M (DC-IAM)](https://manual.makerdao.com/module-index/module-dciam) Parameter Changes
 
 **Authorization:** [Ecosystem Approval](https://forum.makerdao.com/t/feb-9-2024-proposed-changes-to-sparklend-for-upcoming-spell/23656/3)\
 **Proposal:** [Forum post "[Feb 9, 2024] Proposed Changes to SparkLend for Upcoming Spell"](https://forum.makerdao.com/t/feb-9-2024-proposed-changes-to-sparklend-for-upcoming-spell/23656)
 
-If this executive proposal passes, following the recommendation of Ecosystem Actor Phoenix Labs, the following Spark Protocol [DC-IAM](https://manual.makerdao.com/module-index/module-dciam) parameters will be changed:
+If this executive proposal passes, following the recommendation of Ecosystem Actor Phoenix Labs, the following Spark Protocol [D3M (DC-IAM)](https://manual.makerdao.com/module-index/module-dciam) parameters will be changed:
 
 - Increase the DIRECT-SPARK-DAI [Maximum Debt Ceiling (`line`)](https://manual.makerdao.com/module-index/module-dciam#maximum-debt-ceiling-line) by 300 million DAI from 1.2 billion DAI to **1.5 billion DAI**.
 - Increase the DIRECT-SPARK-DAI [Target Available Debt (`gap`)](https://manual.makerdao.com/module-index/module-dciam#target-available-debt-gap) by 20 million DAI from 20 million DAI to **40 million DAI**.

From f3f3df0f45cdefbfdd9a21dceb192caaeb6f0861 Mon Sep 17 00:00:00 2001
From: VoteWizard <139255802+VoteWizard@users.noreply.github.com>
Date: Tue, 20 Feb 2024 06:06:37 -0200
Subject: [PATCH 16/25] Update Executive vote - February 22, 2024.md

---
 governance/votes/Executive vote - February 22, 2024.md | 8 ++++----
 1 file changed, 4 insertions(+), 4 deletions(-)

diff --git a/governance/votes/Executive vote - February 22, 2024.md b/governance/votes/Executive vote - February 22, 2024.md
index 50757b6f9..5262f00c6 100644
--- a/governance/votes/Executive vote - February 22, 2024.md	
+++ b/governance/votes/Executive vote - February 22, 2024.md	
@@ -1,6 +1,6 @@
 ---
 title: Template - [Executive Vote] Stability Fee Changes, Spark Protocol D3M Parameter Changes, Housekeeping Actions, Spark Proxy Spell - February 22, 2024
-summary: Stability Fee changes for ETH-A, ETH-B, ETH-C, WSTETH-A, WSTETH-B, WBTC-A, WBTC-B, WBTC-C, Spark Protocol D3M (DC-IAM) parameter changes, pushing USDP out of input conduit, yanking BA Labs DAI and MKR vest streams, triggering Spark proxy spell.  
+summary: Stability Fee changes for ETH-A, ETH-B, ETH-C, WSTETH-A, WSTETH-B, WBTC-A, WBTC-B, WBTC-C, Spark Protocol D3M parameter changes, pushing USDP out of input conduit, yanking BA Labs DAI and MKR vest streams, triggering Spark proxy spell.  
 date: 2024-02-22T00:00:00.000Z
 address: "$spell_address"
 
@@ -18,7 +18,7 @@ If you are new to voting in the Maker Protocol, please see the [voting guide](ht
 If this executive proposal passes, the following actions will occur within the Maker Protocol:
 
 - ETH-A, ETH-B, ETH-C, WSTETH-A, WSTETH-B, WBTC-A, WBTC-B, WBTC-C [Stability Fees](https://manual.makerdao.com/parameter-index/vault-risk/param-stability-fee) will be decreased, as detailed below. 
-- Spark Protocol [D3M (DC-IAM)](https://manual.makerdao.com/module-index/module-dciam) parameters will be changed, as detailed below.
+- Spark Protocol Dai Direct Deposit Module (D3M) parameters will be changed, as detailed below.
 - The following housekeeping actions will be carried out:
   - BA Labs DAI and MKR vest streams will be yanked, as detailed below.
   - USDP will be pushed out of the input conduit, as detailed below.
@@ -50,12 +50,12 @@ If this executive proposal passes, following the recommendation of the Stability
 - Decrease the WBTC-B Stability Fee by 0.02 percentage points, from 7.20% to **7.18%**.
 - Decrease the WBTC-C Stability Fee by 0.02 percentage points, from 6.45% to **6.43%**.
 
-### Spark Protocol [D3M (DC-IAM)](https://manual.makerdao.com/module-index/module-dciam) Parameter Changes
+### Spark Protocol Dai Direct Deposit Module (D3M) Parameter Changes
 
 **Authorization:** [Ecosystem Approval](https://forum.makerdao.com/t/feb-9-2024-proposed-changes-to-sparklend-for-upcoming-spell/23656/3)\
 **Proposal:** [Forum post "[Feb 9, 2024] Proposed Changes to SparkLend for Upcoming Spell"](https://forum.makerdao.com/t/feb-9-2024-proposed-changes-to-sparklend-for-upcoming-spell/23656)
 
-If this executive proposal passes, following the recommendation of Ecosystem Actor Phoenix Labs, the following Spark Protocol [D3M (DC-IAM)](https://manual.makerdao.com/module-index/module-dciam) parameters will be changed:
+If this executive proposal passes, following the recommendation of Ecosystem Actor Phoenix Labs, the following Spark Protocol Dai Direct Deposit Module (D3M) parameters will be changed:
 
 - Increase the DIRECT-SPARK-DAI [Maximum Debt Ceiling (`line`)](https://manual.makerdao.com/module-index/module-dciam#maximum-debt-ceiling-line) by 300 million DAI from 1.2 billion DAI to **1.5 billion DAI**.
 - Increase the DIRECT-SPARK-DAI [Target Available Debt (`gap`)](https://manual.makerdao.com/module-index/module-dciam#target-available-debt-gap) by 20 million DAI from 20 million DAI to **40 million DAI**.

From 54479fa0e034cf505d4f84d05e275822ad8632d8 Mon Sep 17 00:00:00 2001
From: VoteWizard <139255802+VoteWizard@users.noreply.github.com>
Date: Tue, 20 Feb 2024 06:26:24 -0200
Subject: [PATCH 17/25] Update for consistency with previous executives

---
 .../Executive vote - February 22, 2024.md     | 19 ++++++++++++++-----
 1 file changed, 14 insertions(+), 5 deletions(-)

diff --git a/governance/votes/Executive vote - February 22, 2024.md b/governance/votes/Executive vote - February 22, 2024.md
index 5262f00c6..07bdcc52f 100644
--- a/governance/votes/Executive vote - February 22, 2024.md	
+++ b/governance/votes/Executive vote - February 22, 2024.md	
@@ -64,17 +64,26 @@ If this executive proposal passes, following the recommendation of Ecosystem Act
 
 ### Housekeeping Actions
 
-**Authorization:** [Ecosystem Approval](https://forum.makerdao.com/t/proposed-housekeeping-items-upcoming-executive-spell-2024-02-22/23697/2)\
+**Authorization:** [Ecosystem Approval](https://forum.makerdao.com/t/proposed-housekeeping-items-upcoming-executive-spell-2024-02-22/23697/2), [2](http://forum.makerdao.com/t/proposed-housekeeping-items-upcoming-executive-spell-2024-02-22/23697/4)\
 **Proposal:** [Forum post "Proposed Housekeeping items (Upcoming Executive Spell - 2024-02-22)"](https://forum.makerdao.com/t/proposed-housekeeping-items-upcoming-executive-spell-2024-02-22/23697)
 
 #### Push USDP out of the Input Conduit
 
 If this executive proposal passes, following the recommendation of the Governance Facilitators in collaboration with the spell team, the following operations will be performed:
 
-- Raise the `PSM_PAX_A`Debt Ceiling temporarily from 0 DAI to 1,000,000 DAI.
-- Deposit the contents of `PSM_PAX_A_INPUT_CONDUIT_JA` to the PSM, and receive an identical DAI amount into `PSM_PAX_A_JAR`.
-- Deposit the contents of `PSM_PAX_A_JAR` to the Surplus Buffer.
-- Decrease the `PSM_PAX_A`Debt Ceiling back to 0 DAI.
+- Raise `PSM-PAX-A` DC to **1,000,000 DAI**
+- Call push() on `MCD_PSM_PAX_A_INPUT_CONDUIT_JAR` (use push(uint256 amt)) to push **754,598.72 USDP**
+- Call void() on `MCD_PSM_PAX_A_JAR`
+- Set `PSM-PAX-A` DC to **0 DAI**
+
+This will have the following net results:
+
+- **Debt Ceiling** remains at **0 DAI** after the transaction has been executed.
+- Dai generated from `PSM_PAX_A` increases by **754,598.72 DAI**.
+- USDP balance of `MCD_JOIN_PSM_PAX_A` increases by **754,598.72 USDP**.
+- USDP balance of `PSM_PAX_A_INPUT_CONDUIT_JAR` decreases to **0 USDP**.
+- Surplus Buffer increases by **754,598.72 DAI**.
+
 
 #### Yank BA Labs DAI and MKR Vest Streams
 

From f278072f0d82081030f9bf239ad6dfde5e4c0b5a Mon Sep 17 00:00:00 2001
From: VoteWizard <139255802+VoteWizard@users.noreply.github.com>
Date: Tue, 20 Feb 2024 06:29:43 -0200
Subject: [PATCH 18/25] Minor formatting change

---
 governance/votes/Executive vote - February 22, 2024.md | 8 ++++----
 1 file changed, 4 insertions(+), 4 deletions(-)

diff --git a/governance/votes/Executive vote - February 22, 2024.md b/governance/votes/Executive vote - February 22, 2024.md
index 07bdcc52f..158f4d6e2 100644
--- a/governance/votes/Executive vote - February 22, 2024.md	
+++ b/governance/votes/Executive vote - February 22, 2024.md	
@@ -87,11 +87,11 @@ This will have the following net results:
 
 #### Yank BA Labs DAI and MKR Vest Streams
 
-If this executive proposal passes, following the recommendation of the Governance Facilitators, the BA Labs DAI and MKR vest streams will be cancelled (yanked), namely:
+If this executive proposal passes, following the recommendation of the Governance Facilitators, the BA Labs DAI and MKR vest streams will be canceled (yanked), namely:
 
-- yank BA Labs DAI stream 20.
-- yank BA Labs DAI stream 21.
-- yank BA Labs MKR stream 35.
+- yank BA Labs **DAI** stream **20**.
+- yank BA Labs **DAI** stream **21**.
+- yank BA Labs **MKR** stream **35**.
 
 ### Trigger Spark Proxy Spell
 

From 9645bba86a2d18054afd5a84eccb9db1cf177ff0 Mon Sep 17 00:00:00 2001
From: VoteWizard <139255802+VoteWizard@users.noreply.github.com>
Date: Tue, 20 Feb 2024 15:44:30 -0200
Subject: [PATCH 19/25] Update governance/votes/Executive vote - February 22,
 2024.md

Co-authored-by: 0xldr <139177554+0xldr@users.noreply.github.com>
---
 governance/votes/Executive vote - February 22, 2024.md | 2 +-
 1 file changed, 1 insertion(+), 1 deletion(-)

diff --git a/governance/votes/Executive vote - February 22, 2024.md b/governance/votes/Executive vote - February 22, 2024.md
index 158f4d6e2..cd8b2a4e1 100644
--- a/governance/votes/Executive vote - February 22, 2024.md	
+++ b/governance/votes/Executive vote - February 22, 2024.md	
@@ -50,7 +50,7 @@ If this executive proposal passes, following the recommendation of the Stability
 - Decrease the WBTC-B Stability Fee by 0.02 percentage points, from 7.20% to **7.18%**.
 - Decrease the WBTC-C Stability Fee by 0.02 percentage points, from 6.45% to **6.43%**.
 
-### Spark Protocol Dai Direct Deposit Module (D3M) Parameter Changes
+### SparkLend Dai Direct Deposit Module (D3M) Parameter Changes
 
 **Authorization:** [Ecosystem Approval](https://forum.makerdao.com/t/feb-9-2024-proposed-changes-to-sparklend-for-upcoming-spell/23656/3)\
 **Proposal:** [Forum post "[Feb 9, 2024] Proposed Changes to SparkLend for Upcoming Spell"](https://forum.makerdao.com/t/feb-9-2024-proposed-changes-to-sparklend-for-upcoming-spell/23656)

From 968daf757acb293ea035f8faf2eb1562f878ae99 Mon Sep 17 00:00:00 2001
From: VoteWizard <139255802+VoteWizard@users.noreply.github.com>
Date: Tue, 20 Feb 2024 15:47:02 -0200
Subject: [PATCH 20/25] Update governance/votes/Executive vote - February 22,
 2024.md

Co-authored-by: 0xldr <139177554+0xldr@users.noreply.github.com>
---
 governance/votes/Executive vote - February 22, 2024.md | 4 ++--
 1 file changed, 2 insertions(+), 2 deletions(-)

diff --git a/governance/votes/Executive vote - February 22, 2024.md b/governance/votes/Executive vote - February 22, 2024.md
index cd8b2a4e1..ffed4952e 100644
--- a/governance/votes/Executive vote - February 22, 2024.md	
+++ b/governance/votes/Executive vote - February 22, 2024.md	
@@ -71,10 +71,10 @@ If this executive proposal passes, following the recommendation of Ecosystem Act
 
 If this executive proposal passes, following the recommendation of the Governance Facilitators in collaboration with the spell team, the following operations will be performed:
 
-- Raise `PSM-PAX-A` DC to **1,000,000 DAI**
+- Raise `PSM-PAX-A` Debt Ceiling to **1,000,000 DAI**
 - Call push() on `MCD_PSM_PAX_A_INPUT_CONDUIT_JAR` (use push(uint256 amt)) to push **754,598.72 USDP**
 - Call void() on `MCD_PSM_PAX_A_JAR`
-- Set `PSM-PAX-A` DC to **0 DAI**
+- Set `PSM-PAX-A` Debt Ceiling to **0 DAI**
 
 This will have the following net results:
 

From 7b1212bd3e7d342407d91f2d23e0b63bf5e17804 Mon Sep 17 00:00:00 2001
From: VoteWizard <139255802+VoteWizard@users.noreply.github.com>
Date: Tue, 20 Feb 2024 15:49:33 -0200
Subject: [PATCH 21/25] Update governance/votes/Executive vote - February 22,
 2024.md

Co-authored-by: 0xldr <139177554+0xldr@users.noreply.github.com>
---
 governance/votes/Executive vote - February 22, 2024.md | 2 +-
 1 file changed, 1 insertion(+), 1 deletion(-)

diff --git a/governance/votes/Executive vote - February 22, 2024.md b/governance/votes/Executive vote - February 22, 2024.md
index ffed4952e..d38290cee 100644
--- a/governance/votes/Executive vote - February 22, 2024.md	
+++ b/governance/votes/Executive vote - February 22, 2024.md	
@@ -99,7 +99,7 @@ If this executive proposal passes, following the recommendation of the Governanc
 **Proposal:** [Forum post "Stability Scope Parameter Changes #9"](https://forum.makerdao.com/t/stability-scope-parameter-changes-9/23688), [Forum post "[Feb 14, 2024] Proposed Changes to SparkLend for Upcoming Spell"](https://forum.makerdao.com/t/feb-14-2024-proposed-changes-to-sparklend-for-upcoming-spell/23684)
 
 If this executive proposal passes, the SparkLend Proxy Spell (Ethereum) at TBD will be executed, containing the following major items:
-- Increase the [wstETH](https://app.spark.fi/reserve-overview/?underlyingAsset=0x7f39c581f595b53c5cb19bd0b3f8da6c935e2ca0&marketName=proto_spark_v3) [Supply Cap](https://docs.sparkprotocol.io/developers/sparklend/features/supply-borrow-caps#supply-caps) to **1,2M**.
+- Increase the [wstETH](https://app.spark.fi/reserve-overview/?underlyingAsset=0x7f39c581f595b53c5cb19bd0b3f8da6c935e2ca0&marketName=proto_spark_v3) [Supply Cap](https://docs.sparkprotocol.io/developers/sparklend/features/supply-borrow-caps#supply-caps) to **1.2 million wstETH**.
 - Increase the Spark DAI Effective Borrow APY by 0.24 percentage points, from 6.46% to **6.70%**.
 
 ## Review

From 3289f18abe2c76060e64681e26704548b1300b9c Mon Sep 17 00:00:00 2001
From: VoteWizard <139255802+VoteWizard@users.noreply.github.com>
Date: Tue, 20 Feb 2024 15:50:37 -0200
Subject: [PATCH 22/25] Update governance/votes/Executive vote - February 22,
 2024.md

Co-authored-by: 0xldr <139177554+0xldr@users.noreply.github.com>
---
 governance/votes/Executive vote - February 22, 2024.md | 2 +-
 1 file changed, 1 insertion(+), 1 deletion(-)

diff --git a/governance/votes/Executive vote - February 22, 2024.md b/governance/votes/Executive vote - February 22, 2024.md
index d38290cee..ffe9039d1 100644
--- a/governance/votes/Executive vote - February 22, 2024.md	
+++ b/governance/votes/Executive vote - February 22, 2024.md	
@@ -72,7 +72,7 @@ If this executive proposal passes, following the recommendation of Ecosystem Act
 If this executive proposal passes, following the recommendation of the Governance Facilitators in collaboration with the spell team, the following operations will be performed:
 
 - Raise `PSM-PAX-A` Debt Ceiling to **1,000,000 DAI**
-- Call push() on `MCD_PSM_PAX_A_INPUT_CONDUIT_JAR` (use push(uint256 amt)) to push **754,598.72 USDP**
+- Call push(uint256 amt) on `MCD_PSM_PAX_A_INPUT_CONDUIT_JAR` with an `amt` of **754,598.72 USDP**
 - Call void() on `MCD_PSM_PAX_A_JAR`
 - Set `PSM-PAX-A` Debt Ceiling to **0 DAI**
 

From c089907da99436fd0c8ad1ad93e13b5a8f8281c5 Mon Sep 17 00:00:00 2001
From: VoteWizard <139255802+VoteWizard@users.noreply.github.com>
Date: Tue, 20 Feb 2024 15:51:06 -0200
Subject: [PATCH 23/25] Update governance/votes/Executive vote - February 22,
 2024.md

Co-authored-by: 0xldr <139177554+0xldr@users.noreply.github.com>
---
 governance/votes/Executive vote - February 22, 2024.md | 2 +-
 1 file changed, 1 insertion(+), 1 deletion(-)

diff --git a/governance/votes/Executive vote - February 22, 2024.md b/governance/votes/Executive vote - February 22, 2024.md
index ffe9039d1..58cf3a2c1 100644
--- a/governance/votes/Executive vote - February 22, 2024.md	
+++ b/governance/votes/Executive vote - February 22, 2024.md	
@@ -67,7 +67,7 @@ If this executive proposal passes, following the recommendation of Ecosystem Act
 **Authorization:** [Ecosystem Approval](https://forum.makerdao.com/t/proposed-housekeeping-items-upcoming-executive-spell-2024-02-22/23697/2), [2](http://forum.makerdao.com/t/proposed-housekeeping-items-upcoming-executive-spell-2024-02-22/23697/4)\
 **Proposal:** [Forum post "Proposed Housekeeping items (Upcoming Executive Spell - 2024-02-22)"](https://forum.makerdao.com/t/proposed-housekeeping-items-upcoming-executive-spell-2024-02-22/23697)
 
-#### Push USDP out of the Input Conduit
+#### USDP Input Conduit Management
 
 If this executive proposal passes, following the recommendation of the Governance Facilitators in collaboration with the spell team, the following operations will be performed:
 

From 739236ee3d7d7ad81d8e5f09dc6418aec599518f Mon Sep 17 00:00:00 2001
From: VoteWizard <139255802+VoteWizard@users.noreply.github.com>
Date: Tue, 20 Feb 2024 16:11:19 -0200
Subject: [PATCH 24/25] Implement ldr corrections

---
 .../votes/Executive vote - February 22, 2024.md   | 15 +++++++++------
 1 file changed, 9 insertions(+), 6 deletions(-)

diff --git a/governance/votes/Executive vote - February 22, 2024.md b/governance/votes/Executive vote - February 22, 2024.md
index 58cf3a2c1..ef8ccc06a 100644
--- a/governance/votes/Executive vote - February 22, 2024.md	
+++ b/governance/votes/Executive vote - February 22, 2024.md	
@@ -57,10 +57,11 @@ If this executive proposal passes, following the recommendation of the Stability
 
 If this executive proposal passes, following the recommendation of Ecosystem Actor Phoenix Labs, the following Spark Protocol Dai Direct Deposit Module (D3M) parameters will be changed:
 
-- Increase the DIRECT-SPARK-DAI [Maximum Debt Ceiling (`line`)](https://manual.makerdao.com/module-index/module-dciam#maximum-debt-ceiling-line) by 300 million DAI from 1.2 billion DAI to **1.5 billion DAI**.
-- Increase the DIRECT-SPARK-DAI [Target Available Debt (`gap`)](https://manual.makerdao.com/module-index/module-dciam#target-available-debt-gap) by 20 million DAI from 20 million DAI to **40 million DAI**.
-- Increase the DIRECT-SPARK-DAI [Ceiling Increase Cooldown (`ttl`)](https://manual.makerdao.com/module-index/module-dciam#ceiling-increase-cooldown-ttl) by 12 hours from 12 hours to **24 hours**.
-- Increase the DIRECT-SPARK-DAI buffer by 20 million DAI from 30 million DAI to **50 million DAI**.
+- Increase the `DIRECT-SPARK-DAI` [Maximum Debt Ceiling (`line`)](https://manual.makerdao.com/module-index/module-dciam#maximum-debt-ceiling-line) by 300 million DAI from 1.2 billion DAI to **1.5 billion DAI**.
+- Increase the `DIRECT-SPARK-DAI` [Target Available Debt (`gap`)](https://manual.makerdao.com/module-index/module-dciam#target-available-debt-gap) by 20 million DAI from 20 million DAI to **40 million DAI**.
+- Increase the `DIRECT-SPARK-DAI` [Ceiling Increase Cooldown (`ttl`)](https://manual.makerdao.com/module-index/module-dciam#ceiling-increase-cooldown-ttl) by 12 hours from 12 hours to **24 hours**.
+- Increase the `DIRECT-SPARK-DAI` buffer by 20 million DAI from 30 million DAI to **50 million DAI**.
+  - The `buffer` value is set in the [SparkLend D3MPlan](https://etherscan.io/address/0x104fadbb7e17db1a685bba61007dfb015206a4d2#code) contract. It controls the target amount of DAI available for borrowing at any given time in SparkLend. For example, if 100 million DAI has been borrowed and the `buffer` is set to 20 million DAI, the D3M will mint enough DAI to ensure that the Total Supply is 120 million DAI and deposit it to SparkLend, assuming there is sufficient available Debt Ceiling.
 
 ### Housekeeping Actions
 
@@ -80,8 +81,8 @@ This will have the following net results:
 
 - **Debt Ceiling** remains at **0 DAI** after the transaction has been executed.
 - Dai generated from `PSM_PAX_A` increases by **754,598.72 DAI**.
-- USDP balance of `MCD_JOIN_PSM_PAX_A` increases by **754,598.72 USDP**.
-- USDP balance of `PSM_PAX_A_INPUT_CONDUIT_JAR` decreases to **0 USDP**.
+- USDP balance of [MCD_JOIN_PSM_PAX_A](https://etherscan.io/address/0x7bbd8ca5e413bca521c2c80d8d1908616894cf21) increases by **754,598.72 USDP**.
+- USDP balance of [PSM_PAX_A_INPUT_CONDUIT_JAR](https://etherscan.io/address/0xda276ab5f1505965e0b6cd1b6da2a18ccbb29515) decreases to **0 USDP**.
 - Surplus Buffer increases by **754,598.72 DAI**.
 
 
@@ -93,6 +94,8 @@ If this executive proposal passes, following the recommendation of the Governanc
 - yank BA Labs **DAI** stream **21**.
 - yank BA Labs **MKR** stream **35**.
 
+The reason for this recommendation is that BA Labs will transition to Launch Project funding.
+
 ### Trigger Spark Proxy Spell
 
 **Authorization:** [Ecosystem Approval](https://forum.makerdao.com/t/stability-scope-parameter-changes-9/23688/2), [Governance Poll](https://vote.makerdao.com/polling/QmQC1UXZ)\

From 5ff13d16a8751e0d3b658210bdef2471fa9ac297 Mon Sep 17 00:00:00 2001
From: VoteWizard <139255802+VoteWizard@users.noreply.github.com>
Date: Tue, 20 Feb 2024 16:14:49 -0200
Subject: [PATCH 25/25] Add Spark Proxy-Spell Address

---
 governance/votes/Executive vote - February 22, 2024.md | 2 +-
 1 file changed, 1 insertion(+), 1 deletion(-)

diff --git a/governance/votes/Executive vote - February 22, 2024.md b/governance/votes/Executive vote - February 22, 2024.md
index ef8ccc06a..f1b5cf330 100644
--- a/governance/votes/Executive vote - February 22, 2024.md	
+++ b/governance/votes/Executive vote - February 22, 2024.md	
@@ -101,7 +101,7 @@ The reason for this recommendation is that BA Labs will transition to Launch Pro
 **Authorization:** [Ecosystem Approval](https://forum.makerdao.com/t/stability-scope-parameter-changes-9/23688/2), [Governance Poll](https://vote.makerdao.com/polling/QmQC1UXZ)\
 **Proposal:** [Forum post "Stability Scope Parameter Changes #9"](https://forum.makerdao.com/t/stability-scope-parameter-changes-9/23688), [Forum post "[Feb 14, 2024] Proposed Changes to SparkLend for Upcoming Spell"](https://forum.makerdao.com/t/feb-14-2024-proposed-changes-to-sparklend-for-upcoming-spell/23684)
 
-If this executive proposal passes, the SparkLend Proxy Spell (Ethereum) at TBD will be executed, containing the following major items:
+If this executive proposal passes, the SparkLend Proxy Spell (Ethereum) at [0x5D9406F377e6aFebAE18552806EA327eC7B10000](https://etherscan.io/address/0x5D9406F377e6aFebAE18552806EA327eC7B10000) will be executed, containing the following major items:
 - Increase the [wstETH](https://app.spark.fi/reserve-overview/?underlyingAsset=0x7f39c581f595b53c5cb19bd0b3f8da6c935e2ca0&marketName=proto_spark_v3) [Supply Cap](https://docs.sparkprotocol.io/developers/sparklend/features/supply-borrow-caps#supply-caps) to **1.2 million wstETH**.
 - Increase the Spark DAI Effective Borrow APY by 0.24 percentage points, from 6.46% to **6.70%**.