Poll: Decrease the WSTETH KFb Metaparameter - February 19, 2024

The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the Stability Scope Facilitator. This Governance Poll will be active for three days beginning on Monday, February 19 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:

• Decrease the WSTETH KFb metaparameter to 7.5%.

Please review the discussion thread 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:

• MIP104 14.3.1.3.1A will be edited to reflect the decrease of the WSTETH KFb metaparameter.
• The outcome of this poll will supersede the results of any other poll approved in the same weekly governance cycle, but only for the specific WSTETH KFb metaparameter. Other parameters modified by the other poll will remain unaffected.

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.

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Resources

If you are new to voting in the Maker Protocol, please see the voting guide to learn how voting works.

Additional information about the Governance process can be found in the Maker Operational Manual.

To add current and upcoming votes to your calendar, please see the MakerDAO Governance Calendar.