Ratification Poll for MKR Compensation for StarkNet Engineering Core Unit, SNE-001 (MIP40c3-SP79) - September 12, 2022

The Governance Facilitators have placed a ratification poll into the voting system as part of the responsibilities defined in MIP51. This Governance Poll will be active for fourteen days beginning on Monday, September 12 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 MIP40c3-SP79 being accepted and implemented in the Maker Protocol.

A brief summary of this proposal has been provided by the MIP Author and is shown below:

This proposal contains the MKR Compensation budget for the Core Unit SNE-001: Starknet Engineering Core Unit, also called SECU in this subproposal. This proposal is based on Alternative MKR Compensation Guidelines and benchmarked on the Protocol Engineering Core Unit (PE-001) budget.

It provides an average of 135 MKR per FTE per year over 3 years with a 1-year cliff. In total, it provides 270 MKR to CU members per year over 3 years with a 1-year cliff.

The SECU is financed 50/50 by Maker and Starknet. The other half of the value of the incentive will be provided by Starknet with a mix of USD and Starknet tokens. The total value of the USD and Starknet token provided by Starknet CANNOT exceed the value of the MKR allocation in USD.

Please review the links below to inform your position on this proposal before voting.

• Canonical Proposal Version
• Latest Proposal Version
• Proposal Discussion Thread

Outcomes

This poll implements a Minimum Positive Participation value. The Minimum Positive Participation is currently set to 10,000 MKR.

If the votes for the ‘Yes’ option exceed the votes for the ‘No’ option AND the votes for the ‘Yes’ option exceed 10,000 MKR, then the following actions will be taken:

• The MIP Editors will mark the proposal Accepted and the Governance Facilitators will confirm its passage on the Governance and Risk call on Thursday, September 29.
• Any further work required to implement the proposal will be tasked to the relevant Core Units.

Otherwise, this proposal will be marked as rejected per MIP51.

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Resources

MIP51: Monthly Governance Cycle describes this type of poll and its position and significance within the rest of the governance cycle.

If you are new to voting in the Maker Protocol, please see the voting guide to learn how voting works, and this wallet setup guide to set up your wallet to vote.

Additional information about the Governance process can be found in the Governance section of the MakerDAO community portal.

To participate in future Governance calls, please join us every Thursday at 17:00 UTC.

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