executedEnded 5 months ago ยท Standard Governor
# Update Penalty Rate to 0.01% [1 bp]
By 0xDc01...bdE771
The MAP (Monetary Adaptation and Policy) committee is proposing to lower the Penalty Rate from 5 bps to 1 bp. The Penalty Rate is the charge applied when a Minter fails to meet required operational obligations, such as timely collateral updates or exceeding permitted debt. Lowering it to 0.01% maintains an effective deterrent against non-compliance while balancing for proportionate impact in light of the significant increase in total value of the M0 network.
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0Votes 53
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
0x76Df...9D7695 | 537,237 | YES |
0x26AE...19b387 | 527,055 | YES |
0x3A65...234F84 | 463,398 | YES |
0xAb36...Ee7772 | 452,226 | NO |
0x333C...d0c44b | 452,226 | YES |
VOTE POWER
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Proposal Status
- Mon October 06 2025, 01:00 pmVoting Period Starts
- Tue October 21 2025, 01:00 pmEnd Voting Period
- Queue Proposal
- Tue October 21 2025, 02:36 pmExecute Proposal
Current Results
1-YES
3.589M
2-NO
587,193
Quorum 4.176M/1
