From 09da0720deb6c1fb23dafc4f2f54e847eeb92d6c Mon Sep 17 00:00:00 2001 From: blimpa Date: Sun, 3 Nov 2024 20:35:36 -0300 Subject: [PATCH 01/13] Governance Polls 2024-11-04 --- ...ntering Maker Brand - Novemeber 4, 2024.md | 58 ++++++++++++ ...park Liquidity Layer - November 4, 2024.md | 90 +++++++++++++++++++ ... Interest Rate Model - November 4, 2024.md | 55 ++++++++++++ ... Parameters for WBTC - November 4, 2024.md | 55 ++++++++++++ ...D3M Buffer Parameter - November 4, 2024.md | 55 ++++++++++++ ...H Borrow Rate Limits - November 4, 2024.md | 56 ++++++++++++ ...AI Vault Supply Caps - November 4, 2024.md | 56 ++++++++++++ 7 files changed, 425 insertions(+) create mode 100644 governance/polls/Recentering Maker Brand - Novemeber 4, 2024.md create mode 100644 governance/polls/SparkLend Ethereum & Base - Activate Spark Liquidity Layer - November 4, 2024.md create mode 100644 governance/polls/SparkLend Ethereum - Adjust ETH Market Interest Rate Model - November 4, 2024.md create mode 100644 governance/polls/SparkLend Ethereum - Adjust SparkLend Parameters for WBTC - November 4, 2024.md create mode 100644 governance/polls/SparkLend Ethereum - Increase SparkLend D3M Buffer Parameter - November 4, 2024.md create mode 100644 governance/polls/SparkLend Ethereum - Increase wstETH Borrow Rate Limits - November 4, 2024.md create mode 100644 governance/polls/SparkLend Ethereum - Update Morpho DAI Vault Supply Caps - November 4, 2024.md diff --git a/governance/polls/Recentering Maker Brand - Novemeber 4, 2024.md b/governance/polls/Recentering Maker Brand - Novemeber 4, 2024.md new file mode 100644 index 000000000..270aa5a66 --- /dev/null +++ b/governance/polls/Recentering Maker Brand - Novemeber 4, 2024.md @@ -0,0 +1,58 @@ +--- +title: Recentering Maker Brand - November 4, 2024 +summary: Signal your support or opposition to 1) keep the Sky brand as the backend protocol brand; or 2) recenter the Maker brand; or 3) recenter the Maker brand with a limited brand refresh. +discussion_link: https://forum.sky.money/t/weekly-atlas-edit-proposal-week-of-2024-10-28-0/25411 +parameters: + input_format: + type: single-choice + options: [1,2,3] + abstain: [0] + victory_conditions: + - { type : plurality } + result_display: no-victor +options: + 0: Abstain + 1: Keep the Sky brand as the backend protocol brand + 2: Recenter the Maker brand + 3: Recenter the Maker brand with a limited brand refresh +start_date: 2024-11-04T16:00:00 +end_date: 2024-11-07T16:00:00 +--- +# Poll: Recentering Maker Brand - November 4, 2024 + +The Governance Facilitators have placed a Governance Poll into the voting system in accordance with Atlas article [A.5.2 - Brand Identity - Recentering Maker Brand Polls](https://github.com/makerdao/next-gen-atlas/blob/0ad10bf7adb809299f2e35ca048b62708a3bbb6c/Sky%20Atlas/Sky%20Atlas.html#L8697BD). This Governance [Poll](https://sky-atlas.powerhouse.io/#A.1.9.1_Operational_Weekly_Cycle-b189fa17-57a9-4d4e-9780-0ce4efd94211|0db30308) will be active for three days beginning on Monday, November 4 at 16:00 UTC. + +**This is a plurality vote.** + +- **You may vote for a single option.** +- **You should vote for the option that you prefer.** +- **If you would accept any of the options you should vote 'Abstain'.** + +## Review + +The community can vote in this poll to express support or opposition to either one or none of the following options: + +- Option 1 - Keep the Sky brand as the backend protocol brand. +- Option 2 - Recenter the Maker brand. +- Option 3 - Recenter the Maker brand with a limited brand refresh. + +Please review the discussion [thread](https://forum.sky.money/t/weekly-atlas-edit-proposal-week-of-2024-10-28-0/25411) and the originating Atlas article [A.5.2 - Brand Identity - Recentering Maker Brand Polls](https://github.com/makerdao/next-gen-atlas/blob/0ad10bf7adb809299f2e35ca048b62708a3bbb6c/Sky%20Atlas/Sky%20Atlas.html#L8697BD) to help inform your position before voting. + +**Note that the Governance Portal does not currently support the specified winning criteria (described under **Outcome**) for this poll. In order to minimize confusion, this vote will have no winner displayed on the Governance Portal; however, the winning criteria will still apply at the end of it and the winner will be acknowledged in a subsequent forum post by the Governance Facilitators.** + +## Outcomes + +**The winning criteria for this poll are as follows:** + +- The option with the most votes will be selected as the winning choice. +- However, if Option 1 has the most votes individually, but the combined votes for Options 2 and 3 exceed those for Option 1, Option 2 will be declared the winner. + +--- + +## 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). diff --git a/governance/polls/SparkLend Ethereum & Base - Activate Spark Liquidity Layer - November 4, 2024.md b/governance/polls/SparkLend Ethereum & Base - Activate Spark Liquidity Layer - November 4, 2024.md new file mode 100644 index 000000000..f77a9d432 --- /dev/null +++ b/governance/polls/SparkLend Ethereum & Base - Activate Spark Liquidity Layer - November 4, 2024.md @@ -0,0 +1,90 @@ +--- +title: SparkLend Ethereum & Base - Activate Spark Liquidity Layer - November 4, 2024 +summary: Signal your support or opposition to activating Spark Liquidity Layer on Sparklend Ethereum and Base. +discussion_link: https://forum.sky.money/t/14-nov-2024-proposed-changes-to-spark-for-upcoming-spell/25466 +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: 2024-11-04T16:00:00 +end_date: 2024-11-07T16:00:00 +--- +# Poll: SparkLend Ethereum & Base - Activate Spark Liquidity Layer - November 4, 2024 + +The Governance Facilitators have placed a Governance Poll into the voting system on behalf of Spark Protocol and the Ecosystem Facilitators. This Governance [Poll](https://sky-atlas.powerhouse.io/#A.1.9.1_Operational_Weekly_Cycle-b189fa17-57a9-4d4e-9780-0ce4efd94211|0db30308) will be active for three days beginning on Monday, November 4 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 activating the Spark Liquidity Layer on Sparklend Ethereum and Base with the parameters below. + +### Onchain Parameters + +#### Ethereum + +| Parameter | Max amount | Slope (tokens/day) | +|--|--|--| +| LIMIT_PSM_DEPOSIT_USDC | 4,000,000 | 2,000,000 | +| LIMIT_PSM_WITHDRAW_USDC | 7,000,000 | 2,000,000 | +| LIMIT_PSM_DEPOSIT_USDS | 5,000,000 | 2,000,000 | +| LIMIT_PSM_WITHDRAW_USDS | max. | 0 | +| LIMIT_PSM_DEPOSIT_SUSDS | 8,000,000 | 2,000,000 | +| LIMIT_PSM_WITHDRAW_SUSDS | max. | 0 | +| LIMIT_USDC_TO_DOMAIN (to mainnet) | 4,000,000 | 2,000,000 | +| LIMIT_USDC_TO_CCTP_BASE | max. | 0 | + +#### Base + +| Parameter | Max amount | Slope (tokens/day) | +|--|--|--| +| LIMIT_USDS_MINT | 4,000,000 | 2,000,000 | +| LIMIT_USDC_TO_CCTP_ETH | max. | 0 | +| LIMIT_USDS_TO_USDC | 4,000,000 | 2,000,000 | +| LIMIT_USDC_TO_DOMAIN (to Base) | 4,000,000 | 2,000,000 | + +### Offchain Parameters + +| Parameter | Value | +|--|--| +| MAINNET_MIN_OPERATION_SIZE | 400,000 | +| BASE_MIN_OPERATION_SIZE | 400,000 | +| DEBT_CEILING_BUFFER | 10,000 | +| USDC_MIN_BALANCE_BASE | 800,000 | +| USDC_OPTIMAL_BALANCE_BASE | 800,000 | +| USDC_MAX_BALANCE_BASE | 800,000 | + +Please review the discussion [thread](https://forum.sky.money/t/14-nov-2024-proposed-changes-to-spark-for-upcoming-spell/25466) to help inform your position before voting. + +For more information about the activation process and these parameters, please read the [_Spark ALM Planner Parameter Study_ forum post published by BAlabs](https://forum.sky.money/t/14-nov-2024-spark-alm-planner-parameter-study/25467). + +## Outcomes + +**If the votes for the 'Yes' option exceed the votes for the 'No' option then the following actions will be taken:** + +- Phoenix Labs will prepare a Spark spell to activate the Spark Liquidity Layer on Ethereum and Base with the parameters listed above. +- An upcoming Executive Vote will include a proposal to execute the Spark spell. +- 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://sky-atlas.powerhouse.io/#A.1.8.2.1_Pause_Delay-a98b8227-95f6-4711-9d8d-f52cbc6ad2d0|0db30758e055) 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). diff --git a/governance/polls/SparkLend Ethereum - Adjust ETH Market Interest Rate Model - November 4, 2024.md b/governance/polls/SparkLend Ethereum - Adjust ETH Market Interest Rate Model - November 4, 2024.md new file mode 100644 index 000000000..8514c40c0 --- /dev/null +++ b/governance/polls/SparkLend Ethereum - Adjust ETH Market Interest Rate Model - November 4, 2024.md @@ -0,0 +1,55 @@ +--- +title: SparkLend Ethereum - Adjust ETH Market Interest Rate Model - November 4, 2024 +summary: Signal your support or opposition to adjusting the ETH Market Interest Rate Model on Sparklend Ethereum. +discussion_link: https://forum.sky.money/t/14-nov-2024-proposed-changes-to-spark-for-upcoming-spell/25466 +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: 2024-11-04T16:00:00 +end_date: 2024-11-07T16:00:00 +--- +# Poll: SparkLend Ethereum - Adjust ETH Market Interest Rate Model - November 4, 2024 + +The Governance Facilitators have placed a Governance Poll into the voting system on behalf of Spark Protocol and the Ecosystem Facilitators. This Governance [Poll](https://sky-atlas.powerhouse.io/#A.1.9.1_Operational_Weekly_Cycle-b189fa17-57a9-4d4e-9780-0ce4efd94211|0db30308) will be active for three days beginning on Monday, November 4 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 adjusting the ETH Market [Interest Rate Model](https://sky-atlas.powerhouse.io/#A.3.8.1.6.1.3_Interest_Rate_Model_Definition-83e3f4f2-5e8e-4383-95e5-3af1bfb19210|57eaf45219be608847d6) as follows: + +- Reduce SparkLend Ethereum ETH [slope 1](https://sky-atlas.powerhouse.io/#A.3.8.1.6.1.15_Slope_1_Definition-20c3c3c3-432e-48ac-8336-86b8345f920e|57eaf45219be608847d6) spread parameter by 0.5% from 0% to **-0.5%**. + +Please review the discussion [thread](https://forum.sky.money/t/14-nov-2024-proposed-changes-to-spark-for-upcoming-spell/25466) 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:** + +- Phoenix Labs will prepare a Spark spell to reduce ETH [slope 1](https://sky-atlas.powerhouse.io/#A.3.8.1.6.1.15_Slope_1_Definition-20c3c3c3-432e-48ac-8336-86b8345f920e|57eaf45219be608847d6) on Sparklend Ethereum as described above. +- An upcoming Executive Vote will include a proposal to execute the Spark spell. +- 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://sky-atlas.powerhouse.io/#A.1.8.2.1_Pause_Delay-a98b8227-95f6-4711-9d8d-f52cbc6ad2d0|0db30758e055) 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). diff --git a/governance/polls/SparkLend Ethereum - Adjust SparkLend Parameters for WBTC - November 4, 2024.md b/governance/polls/SparkLend Ethereum - Adjust SparkLend Parameters for WBTC - November 4, 2024.md new file mode 100644 index 000000000..492d4bf1d --- /dev/null +++ b/governance/polls/SparkLend Ethereum - Adjust SparkLend Parameters for WBTC - November 4, 2024.md @@ -0,0 +1,55 @@ +--- +title: SparkLend Ethereum - Adjust SparkLend Parameters for WBTC - November 4, 2024 +summary: Signal your support or opposition to reducing the liquidation threshold for WBTC on Sparklend Ethereum. +discussion_link: https://forum.sky.money/t/14-nov-2024-proposed-changes-to-spark-for-upcoming-spell/25466 +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: 2024-11-04T16:00:00 +end_date: 2024-11-07T16:00:00 +--- +# Poll: SparkLend Ethereum - Adjust SparkLend Parameters for WBTC - November 4, 2024 + +The Governance Facilitators have placed a Governance Poll into the voting system on behalf of Spark Protocol and the Ecosystem Facilitators. This Governance [Poll](https://sky-atlas.powerhouse.io/#A.1.9.1_Operational_Weekly_Cycle-b189fa17-57a9-4d4e-9780-0ce4efd94211|0db30308) will be active for three days beginning on Monday, November 4 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 adjusting the [liquidation threshold](https://sky-atlas.powerhouse.io/#A.3.8.1.6.1.5_Liquidation_Threshold_Definition-9170a423-fba1-4fbe-83c4-f55f2510a9db|57eaf45219be608847d6) for [WBTC on Sparklend Ethereum](https://spark.blockanalitica.com/v1/ethereum/markets/WBTC/risk) as follows: + +- Reduce WBTC [liquidation threshold](https://sky-atlas.powerhouse.io/#A.3.8.1.6.1.5_Liquidation_Threshold_Definition-9170a423-fba1-4fbe-83c4-f55f2510a9db|57eaf45219be608847d6) by 5% from 70% to **65%**. + +Please review the discussion [thread](https://forum.sky.money/t/14-nov-2024-proposed-changes-to-spark-for-upcoming-spell/25466) 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:** + +- Phoenix Labs will prepare a Spark spell to reduce WBTC [liquidation threshold](https://sky-atlas.powerhouse.io/#A.3.8.1.6.1.5_Liquidation_Threshold_Definition-9170a423-fba1-4fbe-83c4-f55f2510a9db|57eaf45219be608847d6) on Sparklend Ethereum as described above. +- An upcoming Executive Vote will include a proposal to execute the Spark spell. +- 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://sky-atlas.powerhouse.io/#A.1.8.2.1_Pause_Delay-a98b8227-95f6-4711-9d8d-f52cbc6ad2d0|0db30758e055) 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). diff --git a/governance/polls/SparkLend Ethereum - Increase SparkLend D3M Buffer Parameter - November 4, 2024.md b/governance/polls/SparkLend Ethereum - Increase SparkLend D3M Buffer Parameter - November 4, 2024.md new file mode 100644 index 000000000..fdb949ed9 --- /dev/null +++ b/governance/polls/SparkLend Ethereum - Increase SparkLend D3M Buffer Parameter - November 4, 2024.md @@ -0,0 +1,55 @@ +--- +title: SparkLend Ethereum - Increase SparkLend D3M Buffer Parameter - November 4, 2024 +summary: Signal your support or opposition to increasing SparkLend DAI Direct Deposit Module (D3M) Buffer Parameter on Sparklend Ethereum. +discussion_link: https://forum.sky.money/t/14-nov-2024-proposed-changes-to-spark-for-upcoming-spell/25466 +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: 2024-11-04T16:00:00 +end_date: 2024-11-07T16:00:00 +--- +# Poll: SparkLend Ethereum - Increase SparkLend D3M Buffer Parameter - November 4, 2024 + +The Governance Facilitators have placed a Governance Poll into the voting system on behalf of Spark Protocol and the Ecosystem Facilitators. This Governance [Poll](https://sky-atlas.powerhouse.io/#A.1.9.1_Operational_Weekly_Cycle-b189fa17-57a9-4d4e-9780-0ce4efd94211|0db30308) will be active for three days beginning on Monday, November 4 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 increasing [SparkLend DAI Direct Deposit Module (D3M)](https://sky-atlas.powerhouse.io/#A.3.8.1.3_Spark_Dai_Direct_Deposit_Module-810b462c-6498-4574-b7a7-b3247e139dbc|57eaf45219be) [`buffer`](https://sky-atlas.powerhouse.io/#A.3.8.1.3.1.4_Buffer_Definition-039d633f-bccf-492f-9c6d-c167e8b5a292|57eaf45219be9dbc3712) parameter on Sparklend Ethereum as follows: + +- Increase SparkLend D3M [`buffer`](https://sky-atlas.powerhouse.io/#A.3.8.1.3.1.4_Buffer_Definition-039d633f-bccf-492f-9c6d-c167e8b5a292|57eaf45219be9dbc3712) parameter from 50 million DAI to **100 million DAI**. + +Please review the discussion [thread](https://forum.sky.money/t/14-nov-2024-proposed-changes-to-spark-for-upcoming-spell/25466) 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:** + +- Phoenix Labs will prepare a Spark spell to increase the SparkLend D3M [`buffer`](https://sky-atlas.powerhouse.io/#A.3.8.1.3.1.4_Buffer_Definition-039d633f-bccf-492f-9c6d-c167e8b5a292|57eaf45219be9dbc3712) parameter as described aboved. +- An upcoming Executive Vote will include a proposal to execute the Spark spell. +- 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://sky-atlas.powerhouse.io/#A.1.8.2.1_Pause_Delay-a98b8227-95f6-4711-9d8d-f52cbc6ad2d0|0db30758e055) 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). diff --git a/governance/polls/SparkLend Ethereum - Increase wstETH Borrow Rate Limits - November 4, 2024.md b/governance/polls/SparkLend Ethereum - Increase wstETH Borrow Rate Limits - November 4, 2024.md new file mode 100644 index 000000000..277130d98 --- /dev/null +++ b/governance/polls/SparkLend Ethereum - Increase wstETH Borrow Rate Limits - November 4, 2024.md @@ -0,0 +1,56 @@ +--- +title: SparkLend Ethereum - Increase wstETH Borrow Rate Limits - November 4, 2024 +summary: Signal your support or opposition to increasing wstETH borrow rate limits on Sparklend Ethereum. +discussion_link: https://forum.sky.money/t/14-nov-2024-proposed-changes-to-spark-for-upcoming-spell/25466 +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: 2024-11-04T16:00:00 +end_date: 2024-11-07T16:00:00 +--- +# Poll: SparkLend Ethereum - Increase wstETH Borrow Rate Limits - November 4, 2024 + +The Governance Facilitators have placed a Governance Poll into the voting system on behalf of Spark Protocol and the Ecosystem Facilitators. This Governance [Poll](https://sky-atlas.powerhouse.io/#A.1.9_Weekly_Governance_Cycle-95671ce7-60d8-4d8e-b9b6-de7493560308|0db3) will be active for three days beginning on Monday, November 4 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 increasing wstETH borrow rate limits on Sparklend Ethereum as follows: + +- Increase wstETH Borrow Cap [`max`](https://sky-atlas.powerhouse.io/#A.3.8.1.6.4.1.3_Cap_Automator_Absolute_Maximum_Exposure_Definition-a01eec5b-64d9-42fa-ae44-b27d22e14a42|57eaf45219be6088aa1c4806) parameter from 3,000 wstETH to **100,000 wstETH**. +- Increase wstETH Borrow Cap [`gap`](https://sky-atlas.powerhouse.io/#A.3.8.1.6.4.1.1_Cap_Automator_Target_Available_Exposure_Definition-78ec4709-3773-4f20-b3ef-d58d29f302c2|57eaf45219be6088aa1c4806) parameter from 100 wstETH to **5,000 wstETH**. + +Please review the discussion [thread](https://forum.sky.money/t/14-nov-2024-proposed-changes-to-spark-for-upcoming-spell/25466) 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:** + +- Phoenix Labs will prepare a Spark spell to increase the wstETH borrow rate limits on Sparklend Ethereum as described above. +- An upcoming Executive Vote will include a proposal to execute the Spark spell. +- 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://sky-atlas.powerhouse.io/#A.1.8.2.1_Pause_Delay-a98b8227-95f6-4711-9d8d-f52cbc6ad2d0|0db30758e055) 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). diff --git a/governance/polls/SparkLend Ethereum - Update Morpho DAI Vault Supply Caps - November 4, 2024.md b/governance/polls/SparkLend Ethereum - Update Morpho DAI Vault Supply Caps - November 4, 2024.md new file mode 100644 index 000000000..b60c9b2d2 --- /dev/null +++ b/governance/polls/SparkLend Ethereum - Update Morpho DAI Vault Supply Caps - November 4, 2024.md @@ -0,0 +1,56 @@ +--- +title: SparkLend Ethereum - Update Morpho DAI Vault Supply Caps - November 4, 2024 +summary: Signal your support or opposition to updating Morpho DAI vault Supply Caps on Sparklend Ethereum. +discussion_link: https://forum.sky.money/t/14-nov-2024-proposed-changes-to-spark-for-upcoming-spell/25466 +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: 2024-11-04T16:00:00 +end_date: 2024-11-07T16:00:00 +--- +# Poll: SparkLend Ethereum - Update Morpho DAI Vault Supply Caps - November 4, 2024 + +The Governance Facilitators have placed a Governance Poll into the voting system on behalf of Spark Protocol and the Ecosystem Facilitators. This Governance [Poll](https://sky-atlas.powerhouse.io/#A.1.9.1_Operational_Weekly_Cycle-b189fa17-57a9-4d4e-9780-0ce4efd94211|0db30308) will be active for three days beginning on Monday, November 4 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 updating Morpho DAI vault Supply Caps as follows: + +- Increase [PT-sUSDe-26Dec2024 91.5% pool](https://morpho.blockanalitica.com/ethereum/markets/e37784e5ff9c2795395c5a41a0cb7ae1da4a93d67bfdd8654b9ff86b3065941c) Supply Cap from 100 million DAI to **250 million DAI**. +- Increase [PT-sUSDe-27Mar2025 91.5% pool](https://morpho.blockanalitica.com/ethereum/markets/5e3e6b1e01c5708055548d82d01db741e37d03b948a7ef9f3d4b962648bcbfa7) Supply Cap from 100 million DAI to **200 million DAI**. + +Please review the discussion [thread](https://forum.sky.money/t/14-nov-2024-proposed-changes-to-spark-for-upcoming-spell/25466) 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:** + +- Phoenix Labs will prepare a Spark spell to increase the [PT-sUSDe-26Dec2024 91.5% pool](https://morpho.blockanalitica.com/ethereum/markets/e37784e5ff9c2795395c5a41a0cb7ae1da4a93d67bfdd8654b9ff86b3065941c) Supply Cap to 250 million DAI and the [PT-sUSDe-27Mar2025 91.5% pool](https://morpho.blockanalitica.com/ethereum/markets/5e3e6b1e01c5708055548d82d01db741e37d03b948a7ef9f3d4b962648bcbfa7) Supply Cap to 200 million DAI on Sparklend Ethereum. +- An upcoming Executive Vote will include a proposal to execute the Spark spell. +- 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://sky-atlas.powerhouse.io/#A.1.8.2.1_Pause_Delay-a98b8227-95f6-4711-9d8d-f52cbc6ad2d0|0db30758e055) 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 dd920c8c3019a1f278ed31fb815a52c3285cca0c Mon Sep 17 00:00:00 2001 From: VoteWizard <139255802+VoteWizard@users.noreply.github.com> Date: Mon, 4 Nov 2024 11:26:14 -0200 Subject: [PATCH 02/13] Remove no-victor condition --- .../Recentering Maker Brand - Novemeber 4, 2024.md | 12 +++++------- 1 file changed, 5 insertions(+), 7 deletions(-) diff --git a/governance/polls/Recentering Maker Brand - Novemeber 4, 2024.md b/governance/polls/Recentering Maker Brand - Novemeber 4, 2024.md index 270aa5a66..726e862e5 100644 --- a/governance/polls/Recentering Maker Brand - Novemeber 4, 2024.md +++ b/governance/polls/Recentering Maker Brand - Novemeber 4, 2024.md @@ -3,13 +3,11 @@ title: Recentering Maker Brand - November 4, 2024 summary: Signal your support or opposition to 1) keep the Sky brand as the backend protocol brand; or 2) recenter the Maker brand; or 3) recenter the Maker brand with a limited brand refresh. discussion_link: https://forum.sky.money/t/weekly-atlas-edit-proposal-week-of-2024-10-28-0/25411 parameters: - input_format: - type: single-choice - options: [1,2,3] - abstain: [0] - victory_conditions: - - { type : plurality } - result_display: no-victor + input_format: single-choice + victory_conditions: + - { type : plurality } + result_display: single-vote-breakdown +version: v2.0.0 options: 0: Abstain 1: Keep the Sky brand as the backend protocol brand From 60731b50ab9c651569dd72e58ed113db37e0f49a Mon Sep 17 00:00:00 2001 From: VoteWizard <139255802+VoteWizard@users.noreply.github.com> Date: Mon, 4 Nov 2024 11:37:35 -0200 Subject: [PATCH 03/13] Update governance/polls/Recentering Maker Brand - Novemeber 4, 2024.md --- governance/polls/Recentering Maker Brand - Novemeber 4, 2024.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/governance/polls/Recentering Maker Brand - Novemeber 4, 2024.md b/governance/polls/Recentering Maker Brand - Novemeber 4, 2024.md index 726e862e5..761bd352b 100644 --- a/governance/polls/Recentering Maker Brand - Novemeber 4, 2024.md +++ b/governance/polls/Recentering Maker Brand - Novemeber 4, 2024.md @@ -18,7 +18,7 @@ end_date: 2024-11-07T16:00:00 --- # Poll: Recentering Maker Brand - November 4, 2024 -The Governance Facilitators have placed a Governance Poll into the voting system in accordance with Atlas article [A.5.2 - Brand Identity - Recentering Maker Brand Polls](https://github.com/makerdao/next-gen-atlas/blob/0ad10bf7adb809299f2e35ca048b62708a3bbb6c/Sky%20Atlas/Sky%20Atlas.html#L8697BD). This Governance [Poll](https://sky-atlas.powerhouse.io/#A.1.9.1_Operational_Weekly_Cycle-b189fa17-57a9-4d4e-9780-0ce4efd94211|0db30308) will be active for three days beginning on Monday, November 4 at 16:00 UTC. +The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the Accessibility Facilitators in accordance with Atlas article [A.5.2 - Brand Identity - Recentering Maker Brand Polls](https://sky-atlas.powerhouse.io/#A.5.1.1.3_Recentering_Maker_Brand_Polls-133f2ff0-8d73-80ba-add3-d43c59ec407b%7C8d5a16c0e403). This Governance [Poll](https://sky-atlas.powerhouse.io/#A.1.9.1_Operational_Weekly_Cycle-b189fa17-57a9-4d4e-9780-0ce4efd94211|0db30308) will be active for three days beginning on Monday, November 4 at 16:00 UTC. **This is a plurality vote.** From 89631336131d9a0d7b78b461e36d90d837c63b76 Mon Sep 17 00:00:00 2001 From: VoteWizard <139255802+VoteWizard@users.noreply.github.com> Date: Mon, 4 Nov 2024 11:42:01 -0200 Subject: [PATCH 04/13] Apply suggestions from code review --- .../polls/Recentering Maker Brand - Novemeber 4, 2024.md | 6 +++--- 1 file changed, 3 insertions(+), 3 deletions(-) diff --git a/governance/polls/Recentering Maker Brand - Novemeber 4, 2024.md b/governance/polls/Recentering Maker Brand - Novemeber 4, 2024.md index 761bd352b..aafa29b01 100644 --- a/governance/polls/Recentering Maker Brand - Novemeber 4, 2024.md +++ b/governance/polls/Recentering Maker Brand - Novemeber 4, 2024.md @@ -18,7 +18,7 @@ end_date: 2024-11-07T16:00:00 --- # Poll: Recentering Maker Brand - November 4, 2024 -The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the Accessibility Facilitators in accordance with Atlas article [A.5.2 - Brand Identity - Recentering Maker Brand Polls](https://sky-atlas.powerhouse.io/#A.5.1.1.3_Recentering_Maker_Brand_Polls-133f2ff0-8d73-80ba-add3-d43c59ec407b%7C8d5a16c0e403). This Governance [Poll](https://sky-atlas.powerhouse.io/#A.1.9.1_Operational_Weekly_Cycle-b189fa17-57a9-4d4e-9780-0ce4efd94211|0db30308) will be active for three days beginning on Monday, November 4 at 16:00 UTC. +The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the Accessibility Facilitators in accordance with Atlas article [A.5.1.1.3 - Brand Identity - Recentering Maker Brand Polls](https://sky-atlas.powerhouse.io/#A.5.1.1.3_Recentering_Maker_Brand_Polls-133f2ff0-8d73-80ba-add3-d43c59ec407b%7C8d5a16c0e403). This Governance [Poll](https://sky-atlas.powerhouse.io/#A.1.9.1_Operational_Weekly_Cycle-b189fa17-57a9-4d4e-9780-0ce4efd94211|0db30308) will be active for three days beginning on Monday, November 4 at 16:00 UTC. **This is a plurality vote.** @@ -34,9 +34,9 @@ The community can vote in this poll to express support or opposition to either o - Option 2 - Recenter the Maker brand. - Option 3 - Recenter the Maker brand with a limited brand refresh. -Please review the discussion [thread](https://forum.sky.money/t/weekly-atlas-edit-proposal-week-of-2024-10-28-0/25411) and the originating Atlas article [A.5.2 - Brand Identity - Recentering Maker Brand Polls](https://github.com/makerdao/next-gen-atlas/blob/0ad10bf7adb809299f2e35ca048b62708a3bbb6c/Sky%20Atlas/Sky%20Atlas.html#L8697BD) to help inform your position before voting. +Please review the discussion [thread](https://forum.sky.money/t/weekly-atlas-edit-proposal-week-of-2024-10-28-0/25411) and the originating Atlas article [A.5.1.1.3 - Brand Identity - Recentering Maker Brand Polls](https://sky-atlas.powerhouse.io/#A.5.1.1.3_Recentering_Maker_Brand_Polls-133f2ff0-8d73-80ba-add3-d43c59ec407b%7C8d5a16c0e403) to help inform your position before voting. -**Note that the Governance Portal does not currently support the specified winning criteria (described under **Outcome**) for this poll. In order to minimize confusion, this vote will have no winner displayed on the Governance Portal; however, the winning criteria will still apply at the end of it and the winner will be acknowledged in a subsequent forum post by the Governance Facilitators.** +**Note that the Governance Portal does not currently support the specified winning criteria (described under **Outcome**) for this poll. However, the winning criteria will still apply at the end of it and the winner will be acknowledged in a subsequent forum post by the Governance Facilitators.** ## Outcomes From 72c452b35e8cd018c466a98ade945a3646fcd503 Mon Sep 17 00:00:00 2001 From: VoteWizard <139255802+VoteWizard@users.noreply.github.com> Date: Mon, 4 Nov 2024 11:50:22 -0200 Subject: [PATCH 05/13] Adding descriptions for the options --- .../polls/Recentering Maker Brand - Novemeber 4, 2024.md | 3 +++ 1 file changed, 3 insertions(+) diff --git a/governance/polls/Recentering Maker Brand - Novemeber 4, 2024.md b/governance/polls/Recentering Maker Brand - Novemeber 4, 2024.md index aafa29b01..4374207d7 100644 --- a/governance/polls/Recentering Maker Brand - Novemeber 4, 2024.md +++ b/governance/polls/Recentering Maker Brand - Novemeber 4, 2024.md @@ -31,8 +31,11 @@ The Governance Facilitators have placed a Governance Poll into the voting system The community can vote in this poll to express support or opposition to either one or none of the following options: - Option 1 - Keep the Sky brand as the backend protocol brand. + *Description:* Keep the Sky brand as the backend protocol brand. If this option is chosen, no further changes happen and everything remains as today with the brand. The effort to transition MKR to SKY continues, and the Sky brand remains the core brand that both denotes the frontend Sky.money, and the backend Sky Ecosystem and Sky Protocol. - Option 2 - Recenter the Maker brand. + *Description:* Recenter the Maker brand. If this option is chosen, Sky is kept as the brand for the Sky.money frontend, USDS is also kept as the brand for the new stablecoin - but the underlying backend protocol has its name changed to Maker, and MKR becomes the core asset of the protocol. SkyLink becomes MakerLink, SkyChain becomes MakerChain, Sky Token Rewards becomes Star Token Rewards, and Sky Savings Rate becomes USDS Savings Rate. The Maker brand is returned with its old assets, as currently seen on makerdao.com, with minimal change. SKY tokens initially continue to function exactly the same, and SKY Token Rewards would continue at the same rate. Once SPK launches, SKY Token Rewards would be turned off, and the ability to migrate from MKR to SKY would be turned off. However, SKY to MKR migration would remain permanently, with a technical modification to ensure that SKY is backed by a finite amount of MKR, rather than the ability to emit new MKR. The ratio of SKY to MKR will permanently remain 1:24,000. The governance forum would revert to forum.makerdao.com and other similar assets would also revert to Maker branding - with the exception of the main @skyecosystem X handle. What happens to the X handle would be decided in a later process when it is determined what's going to happen with Sky. - Option 3 - Recenter the Maker brand with a limited brand refresh. + *Description:* Recenter the Maker brand, with a limited brand refresh. If this option is chosen, Sky is kept as the brand for the Sky.money frontend, USDS is also kept as the brand for the new stablecoin - but the underlying backend protocol has its name changed to Maker, and MKR becomes the core asset of the protocol. SkyLink becomes MakerLink, SkyChain becomes MakerChain, Sky Token Rewards becomes Star Token Rewards, and Sky Savings Rate becomes USDS Savings Rate. The Maker brand is slightly modified to better align with the USDS brand identity, and to align with its role as the maker of the StarDAOs. The logo font can be slightly refreshed and polished, and the colour scheme and general aesthetic should be inspired by the dark blue / navy “star theme” that can be seen on Sky.money in sections that describe Stars and governance. SKY tokens initially continue to function exactly the same, and SKY Token Rewards would continue at the same rate. Once SPK launches, SKY Token Rewards would be turned off, and the ability to migrate from MKR to SKY would be turned off. However, SKY to MKR migration would remain permanently, with a technical modification to ensure that SKY is backed by a finite amount of MKR, rather than the ability to emit new MKR. The ratio of SKY to MKR will permanently remain 1:24,000. The governance forum would revert to forum.makerdao.com and other similar assets would also revert to Maker branding - with the exception of the main @skyecosystem X handle. What happens to the X handle would be decided in a later process when it is determined what's going to happen with Sky. Please review the discussion [thread](https://forum.sky.money/t/weekly-atlas-edit-proposal-week-of-2024-10-28-0/25411) and the originating Atlas article [A.5.1.1.3 - Brand Identity - Recentering Maker Brand Polls](https://sky-atlas.powerhouse.io/#A.5.1.1.3_Recentering_Maker_Brand_Polls-133f2ff0-8d73-80ba-add3-d43c59ec407b%7C8d5a16c0e403) to help inform your position before voting. From d29cd63e2ab0f8fe8365943a1b9bcd3d8353aea3 Mon Sep 17 00:00:00 2001 From: VoteWizard <139255802+VoteWizard@users.noreply.github.com> Date: Mon, 4 Nov 2024 11:51:50 -0200 Subject: [PATCH 06/13] Update Recentering Maker Brand - Novemeber 4, 2024.md --- .../polls/Recentering Maker Brand - Novemeber 4, 2024.md | 5 +++++ 1 file changed, 5 insertions(+) diff --git a/governance/polls/Recentering Maker Brand - Novemeber 4, 2024.md b/governance/polls/Recentering Maker Brand - Novemeber 4, 2024.md index 4374207d7..293bf5ff9 100644 --- a/governance/polls/Recentering Maker Brand - Novemeber 4, 2024.md +++ b/governance/polls/Recentering Maker Brand - Novemeber 4, 2024.md @@ -31,10 +31,15 @@ The Governance Facilitators have placed a Governance Poll into the voting system The community can vote in this poll to express support or opposition to either one or none of the following options: - Option 1 - Keep the Sky brand as the backend protocol brand. + *Description:* Keep the Sky brand as the backend protocol brand. If this option is chosen, no further changes happen and everything remains as today with the brand. The effort to transition MKR to SKY continues, and the Sky brand remains the core brand that both denotes the frontend Sky.money, and the backend Sky Ecosystem and Sky Protocol. + - Option 2 - Recenter the Maker brand. + *Description:* Recenter the Maker brand. If this option is chosen, Sky is kept as the brand for the Sky.money frontend, USDS is also kept as the brand for the new stablecoin - but the underlying backend protocol has its name changed to Maker, and MKR becomes the core asset of the protocol. SkyLink becomes MakerLink, SkyChain becomes MakerChain, Sky Token Rewards becomes Star Token Rewards, and Sky Savings Rate becomes USDS Savings Rate. The Maker brand is returned with its old assets, as currently seen on makerdao.com, with minimal change. SKY tokens initially continue to function exactly the same, and SKY Token Rewards would continue at the same rate. Once SPK launches, SKY Token Rewards would be turned off, and the ability to migrate from MKR to SKY would be turned off. However, SKY to MKR migration would remain permanently, with a technical modification to ensure that SKY is backed by a finite amount of MKR, rather than the ability to emit new MKR. The ratio of SKY to MKR will permanently remain 1:24,000. The governance forum would revert to forum.makerdao.com and other similar assets would also revert to Maker branding - with the exception of the main @skyecosystem X handle. What happens to the X handle would be decided in a later process when it is determined what's going to happen with Sky. + - Option 3 - Recenter the Maker brand with a limited brand refresh. + *Description:* Recenter the Maker brand, with a limited brand refresh. If this option is chosen, Sky is kept as the brand for the Sky.money frontend, USDS is also kept as the brand for the new stablecoin - but the underlying backend protocol has its name changed to Maker, and MKR becomes the core asset of the protocol. SkyLink becomes MakerLink, SkyChain becomes MakerChain, Sky Token Rewards becomes Star Token Rewards, and Sky Savings Rate becomes USDS Savings Rate. The Maker brand is slightly modified to better align with the USDS brand identity, and to align with its role as the maker of the StarDAOs. The logo font can be slightly refreshed and polished, and the colour scheme and general aesthetic should be inspired by the dark blue / navy “star theme” that can be seen on Sky.money in sections that describe Stars and governance. SKY tokens initially continue to function exactly the same, and SKY Token Rewards would continue at the same rate. Once SPK launches, SKY Token Rewards would be turned off, and the ability to migrate from MKR to SKY would be turned off. However, SKY to MKR migration would remain permanently, with a technical modification to ensure that SKY is backed by a finite amount of MKR, rather than the ability to emit new MKR. The ratio of SKY to MKR will permanently remain 1:24,000. The governance forum would revert to forum.makerdao.com and other similar assets would also revert to Maker branding - with the exception of the main @skyecosystem X handle. What happens to the X handle would be decided in a later process when it is determined what's going to happen with Sky. Please review the discussion [thread](https://forum.sky.money/t/weekly-atlas-edit-proposal-week-of-2024-10-28-0/25411) and the originating Atlas article [A.5.1.1.3 - Brand Identity - Recentering Maker Brand Polls](https://sky-atlas.powerhouse.io/#A.5.1.1.3_Recentering_Maker_Brand_Polls-133f2ff0-8d73-80ba-add3-d43c59ec407b%7C8d5a16c0e403) to help inform your position before voting. From 913fd6d4f07e280e402829cccf2df926f19be601 Mon Sep 17 00:00:00 2001 From: VoteWizard <139255802+VoteWizard@users.noreply.github.com> Date: Mon, 4 Nov 2024 12:27:47 -0200 Subject: [PATCH 07/13] fix table errors --- ...Spark Liquidity Layer - November 4, 2024.md | 18 +++++++++--------- 1 file changed, 9 insertions(+), 9 deletions(-) diff --git a/governance/polls/SparkLend Ethereum & Base - Activate Spark Liquidity Layer - November 4, 2024.md b/governance/polls/SparkLend Ethereum & Base - Activate Spark Liquidity Layer - November 4, 2024.md index f77a9d432..fbf17b8ee 100644 --- a/governance/polls/SparkLend Ethereum & Base - Activate Spark Liquidity Layer - November 4, 2024.md +++ b/governance/polls/SparkLend Ethereum & Base - Activate Spark Liquidity Layer - November 4, 2024.md @@ -33,6 +33,15 @@ The community can vote in this poll to express support or opposition to activati #### Ethereum +| Parameter | Max amount | Slope (tokens/day) | +|--|--|--| +| LIMIT_USDS_MINT | 4,000,000 | 2,000,000 | +| LIMIT_USDC_TO_CCTP_ETH | max. | 0 | +| LIMIT_USDS_TO_USDC | 4,000,000 | 2,000,000 | +| LIMIT_USDC_TO_DOMAIN (to Base) | 4,000,000 | 2,000,000 | + +#### Base + | Parameter | Max amount | Slope (tokens/day) | |--|--|--| | LIMIT_PSM_DEPOSIT_USDC | 4,000,000 | 2,000,000 | @@ -44,15 +53,6 @@ The community can vote in this poll to express support or opposition to activati | LIMIT_USDC_TO_DOMAIN (to mainnet) | 4,000,000 | 2,000,000 | | LIMIT_USDC_TO_CCTP_BASE | max. | 0 | -#### Base - -| Parameter | Max amount | Slope (tokens/day) | -|--|--|--| -| LIMIT_USDS_MINT | 4,000,000 | 2,000,000 | -| LIMIT_USDC_TO_CCTP_ETH | max. | 0 | -| LIMIT_USDS_TO_USDC | 4,000,000 | 2,000,000 | -| LIMIT_USDC_TO_DOMAIN (to Base) | 4,000,000 | 2,000,000 | - ### Offchain Parameters | Parameter | Value | From beb3941d84465898ebf4e9487b8449a4303d654f Mon Sep 17 00:00:00 2001 From: VoteWizard <139255802+VoteWizard@users.noreply.github.com> Date: Mon, 4 Nov 2024 12:28:42 -0200 Subject: [PATCH 08/13] Apply suggestions from code review --- ...ase - Activate Spark Liquidity Layer - November 4, 2024.md | 4 ++-- 1 file changed, 2 insertions(+), 2 deletions(-) diff --git a/governance/polls/SparkLend Ethereum & Base - Activate Spark Liquidity Layer - November 4, 2024.md b/governance/polls/SparkLend Ethereum & Base - Activate Spark Liquidity Layer - November 4, 2024.md index fbf17b8ee..0e42b455c 100644 --- a/governance/polls/SparkLend Ethereum & Base - Activate Spark Liquidity Layer - November 4, 2024.md +++ b/governance/polls/SparkLend Ethereum & Base - Activate Spark Liquidity Layer - November 4, 2024.md @@ -1,5 +1,5 @@ --- -title: SparkLend Ethereum & Base - Activate Spark Liquidity Layer - November 4, 2024 +title: SparkLend Ethereum and Base - Activate Spark Liquidity Layer - November 4, 2024 summary: Signal your support or opposition to activating Spark Liquidity Layer on Sparklend Ethereum and Base. discussion_link: https://forum.sky.money/t/14-nov-2024-proposed-changes-to-spark-for-upcoming-spell/25466 parameters: @@ -15,7 +15,7 @@ options: start_date: 2024-11-04T16:00:00 end_date: 2024-11-07T16:00:00 --- -# Poll: SparkLend Ethereum & Base - Activate Spark Liquidity Layer - November 4, 2024 +# Poll: SparkLend Ethereum and Base - Activate Spark Liquidity Layer - November 4, 2024 The Governance Facilitators have placed a Governance Poll into the voting system on behalf of Spark Protocol and the Ecosystem Facilitators. This Governance [Poll](https://sky-atlas.powerhouse.io/#A.1.9.1_Operational_Weekly_Cycle-b189fa17-57a9-4d4e-9780-0ce4efd94211|0db30308) will be active for three days beginning on Monday, November 4 at 16:00 UTC. From 3e4359bd7021d4850895875cddbb2d5c288fc2b5 Mon Sep 17 00:00:00 2001 From: VoteWizard <139255802+VoteWizard@users.noreply.github.com> Date: Mon, 4 Nov 2024 12:29:02 -0200 Subject: [PATCH 09/13] Rename SparkLend Ethereum & Base - Activate Spark Liquidity Layer - November 4, 2024.md to SparkLend Ethereum and Base - Activate Spark Liquidity Layer - November 4, 2024.md --- ...d Base - Activate Spark Liquidity Layer - November 4, 2024.md} | 0 1 file changed, 0 insertions(+), 0 deletions(-) rename governance/polls/{SparkLend Ethereum & Base - Activate Spark Liquidity Layer - November 4, 2024.md => SparkLend Ethereum and Base - Activate Spark Liquidity Layer - November 4, 2024.md} (100%) diff --git a/governance/polls/SparkLend Ethereum & Base - Activate Spark Liquidity Layer - November 4, 2024.md b/governance/polls/SparkLend Ethereum and Base - Activate Spark Liquidity Layer - November 4, 2024.md similarity index 100% rename from governance/polls/SparkLend Ethereum & Base - Activate Spark Liquidity Layer - November 4, 2024.md rename to governance/polls/SparkLend Ethereum and Base - Activate Spark Liquidity Layer - November 4, 2024.md From efc0f4044635714fe0eaff83e93dae9295e5ddbe Mon Sep 17 00:00:00 2001 From: VoteWizard <139255802+VoteWizard@users.noreply.github.com> Date: Mon, 4 Nov 2024 12:30:24 -0200 Subject: [PATCH 10/13] Update governance/polls/SparkLend Ethereum and Base - Activate Spark Liquidity Layer - November 4, 2024.md --- ... Base - Activate Spark Liquidity Layer - November 4, 2024.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/governance/polls/SparkLend Ethereum and Base - Activate Spark Liquidity Layer - November 4, 2024.md b/governance/polls/SparkLend Ethereum and Base - Activate Spark Liquidity Layer - November 4, 2024.md index 0e42b455c..deef30ff9 100644 --- a/governance/polls/SparkLend Ethereum and Base - Activate Spark Liquidity Layer - November 4, 2024.md +++ b/governance/polls/SparkLend Ethereum and Base - Activate Spark Liquidity Layer - November 4, 2024.md @@ -66,7 +66,7 @@ The community can vote in this poll to express support or opposition to activati Please review the discussion [thread](https://forum.sky.money/t/14-nov-2024-proposed-changes-to-spark-for-upcoming-spell/25466) to help inform your position before voting. -For more information about the activation process and these parameters, please read the [_Spark ALM Planner Parameter Study_ forum post published by BAlabs](https://forum.sky.money/t/14-nov-2024-spark-alm-planner-parameter-study/25467). +For more information about the activation process and these parameters, please read the [_Spark ALM Planner Parameter Study_ forum post published by BA Labs](https://forum.sky.money/t/14-nov-2024-spark-alm-planner-parameter-study/25467). ## Outcomes From 0a4196b4cd3ef09d1f5a0d769eb7b0b6bbd9f1c8 Mon Sep 17 00:00:00 2001 From: VoteWizard <139255802+VoteWizard@users.noreply.github.com> Date: Mon, 4 Nov 2024 13:06:25 -0200 Subject: [PATCH 11/13] Apply suggestions from code review Co-authored-by: 0xldr <139177554+0xldr@users.noreply.github.com> --- ...e SparkLend D3M Buffer Parameter - November 4, 2024.md | 4 ++-- ...crease wstETH Borrow Rate Limits - November 4, 2024.md | 6 +++--- ...ate Morpho DAI Vault Supply Caps - November 4, 2024.md | 6 +++--- ...- Activate Spark Liquidity Layer - November 4, 2024.md | 8 ++++---- 4 files changed, 12 insertions(+), 12 deletions(-) diff --git a/governance/polls/SparkLend Ethereum - Increase SparkLend D3M Buffer Parameter - November 4, 2024.md b/governance/polls/SparkLend Ethereum - Increase SparkLend D3M Buffer Parameter - November 4, 2024.md index fdb949ed9..e42685ed6 100644 --- a/governance/polls/SparkLend Ethereum - Increase SparkLend D3M Buffer Parameter - November 4, 2024.md +++ b/governance/polls/SparkLend Ethereum - Increase SparkLend D3M Buffer Parameter - November 4, 2024.md @@ -29,7 +29,7 @@ The Governance Facilitators have placed a Governance Poll into the voting system The community can vote in this poll to express support or opposition to increasing [SparkLend DAI Direct Deposit Module (D3M)](https://sky-atlas.powerhouse.io/#A.3.8.1.3_Spark_Dai_Direct_Deposit_Module-810b462c-6498-4574-b7a7-b3247e139dbc|57eaf45219be) [`buffer`](https://sky-atlas.powerhouse.io/#A.3.8.1.3.1.4_Buffer_Definition-039d633f-bccf-492f-9c6d-c167e8b5a292|57eaf45219be9dbc3712) parameter on Sparklend Ethereum as follows: -- Increase SparkLend D3M [`buffer`](https://sky-atlas.powerhouse.io/#A.3.8.1.3.1.4_Buffer_Definition-039d633f-bccf-492f-9c6d-c167e8b5a292|57eaf45219be9dbc3712) parameter from 50 million DAI to **100 million DAI**. +- Increase SparkLend D3M [`buffer`](https://sky-atlas.powerhouse.io/#A.3.8.1.3.1.4_Buffer_Definition-039d633f-bccf-492f-9c6d-c167e8b5a292|57eaf45219be9dbc3712) parameter by 50 million DAI from 50 million DAI to **100 million DAI**. Please review the discussion [thread](https://forum.sky.money/t/14-nov-2024-proposed-changes-to-spark-for-upcoming-spell/25466) to help inform your position before voting. @@ -37,7 +37,7 @@ Please review the discussion [thread](https://forum.sky.money/t/14-nov-2024-prop **If the votes for the 'Yes' option exceed the votes for the 'No' option then the following actions will be taken:** -- Phoenix Labs will prepare a Spark spell to increase the SparkLend D3M [`buffer`](https://sky-atlas.powerhouse.io/#A.3.8.1.3.1.4_Buffer_Definition-039d633f-bccf-492f-9c6d-c167e8b5a292|57eaf45219be9dbc3712) parameter as described aboved. +- Phoenix Labs will facilitate preparation of a Spark spell to increase the SparkLend D3M [`buffer`](https://sky-atlas.powerhouse.io/#A.3.8.1.3.1.4_Buffer_Definition-039d633f-bccf-492f-9c6d-c167e8b5a292|57eaf45219be9dbc3712) parameter as described aboved. - An upcoming Executive Vote will include a proposal to execute the Spark spell. - 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://sky-atlas.powerhouse.io/#A.1.8.2.1_Pause_Delay-a98b8227-95f6-4711-9d8d-f52cbc6ad2d0|0db30758e055) has expired. diff --git a/governance/polls/SparkLend Ethereum - Increase wstETH Borrow Rate Limits - November 4, 2024.md b/governance/polls/SparkLend Ethereum - Increase wstETH Borrow Rate Limits - November 4, 2024.md index 277130d98..fc47919f3 100644 --- a/governance/polls/SparkLend Ethereum - Increase wstETH Borrow Rate Limits - November 4, 2024.md +++ b/governance/polls/SparkLend Ethereum - Increase wstETH Borrow Rate Limits - November 4, 2024.md @@ -29,8 +29,8 @@ The Governance Facilitators have placed a Governance Poll into the voting system The community can vote in this poll to express support or opposition increasing wstETH borrow rate limits on Sparklend Ethereum as follows: -- Increase wstETH Borrow Cap [`max`](https://sky-atlas.powerhouse.io/#A.3.8.1.6.4.1.3_Cap_Automator_Absolute_Maximum_Exposure_Definition-a01eec5b-64d9-42fa-ae44-b27d22e14a42|57eaf45219be6088aa1c4806) parameter from 3,000 wstETH to **100,000 wstETH**. -- Increase wstETH Borrow Cap [`gap`](https://sky-atlas.powerhouse.io/#A.3.8.1.6.4.1.1_Cap_Automator_Target_Available_Exposure_Definition-78ec4709-3773-4f20-b3ef-d58d29f302c2|57eaf45219be6088aa1c4806) parameter from 100 wstETH to **5,000 wstETH**. +- Increase wstETH Borrow Cap [`max`](https://sky-atlas.powerhouse.io/#A.3.8.1.6.4.1.3_Cap_Automator_Absolute_Maximum_Exposure_Definition-a01eec5b-64d9-42fa-ae44-b27d22e14a42|57eaf45219be6088aa1c4806) parameter by 97,000 wstETH from 3,000 wstETH to **100,000 wstETH**. +- Increase wstETH Borrow Cap [`gap`](https://sky-atlas.powerhouse.io/#A.3.8.1.6.4.1.1_Cap_Automator_Target_Available_Exposure_Definition-78ec4709-3773-4f20-b3ef-d58d29f302c2|57eaf45219be6088aa1c4806) parameter by 4,900 wstETH from 100 wstETH to **5,000 wstETH**. Please review the discussion [thread](https://forum.sky.money/t/14-nov-2024-proposed-changes-to-spark-for-upcoming-spell/25466) to help inform your position before voting. @@ -38,7 +38,7 @@ Please review the discussion [thread](https://forum.sky.money/t/14-nov-2024-prop **If the votes for the 'Yes' option exceed the votes for the 'No' option then the following actions will be taken:** -- Phoenix Labs will prepare a Spark spell to increase the wstETH borrow rate limits on Sparklend Ethereum as described above. +- Phoenix Labs will facilitate preparation of a Spark spell to increase the wstETH borrow rate limits on Sparklend Ethereum as described above. - An upcoming Executive Vote will include a proposal to execute the Spark spell. - 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://sky-atlas.powerhouse.io/#A.1.8.2.1_Pause_Delay-a98b8227-95f6-4711-9d8d-f52cbc6ad2d0|0db30758e055) has expired. diff --git a/governance/polls/SparkLend Ethereum - Update Morpho DAI Vault Supply Caps - November 4, 2024.md b/governance/polls/SparkLend Ethereum - Update Morpho DAI Vault Supply Caps - November 4, 2024.md index b60c9b2d2..4ec0e859d 100644 --- a/governance/polls/SparkLend Ethereum - Update Morpho DAI Vault Supply Caps - November 4, 2024.md +++ b/governance/polls/SparkLend Ethereum - Update Morpho DAI Vault Supply Caps - November 4, 2024.md @@ -29,8 +29,8 @@ The Governance Facilitators have placed a Governance Poll into the voting system The community can vote in this poll to express support or opposition to updating Morpho DAI vault Supply Caps as follows: -- Increase [PT-sUSDe-26Dec2024 91.5% pool](https://morpho.blockanalitica.com/ethereum/markets/e37784e5ff9c2795395c5a41a0cb7ae1da4a93d67bfdd8654b9ff86b3065941c) Supply Cap from 100 million DAI to **250 million DAI**. -- Increase [PT-sUSDe-27Mar2025 91.5% pool](https://morpho.blockanalitica.com/ethereum/markets/5e3e6b1e01c5708055548d82d01db741e37d03b948a7ef9f3d4b962648bcbfa7) Supply Cap from 100 million DAI to **200 million DAI**. +- Increase [PT-sUSDe-26Dec2024 91.5% pool](https://morpho.blockanalitica.com/ethereum/markets/e37784e5ff9c2795395c5a41a0cb7ae1da4a93d67bfdd8654b9ff86b3065941c) Supply Cap by 150 million DAI from 100 million DAI to **250 million DAI**. +- Increase [PT-sUSDe-27Mar2025 91.5% pool](https://morpho.blockanalitica.com/ethereum/markets/5e3e6b1e01c5708055548d82d01db741e37d03b948a7ef9f3d4b962648bcbfa7) Supply Cap by 100 million DAI from 100 million DAI to **200 million DAI**. Please review the discussion [thread](https://forum.sky.money/t/14-nov-2024-proposed-changes-to-spark-for-upcoming-spell/25466) to help inform your position before voting. @@ -38,7 +38,7 @@ Please review the discussion [thread](https://forum.sky.money/t/14-nov-2024-prop **If the votes for the 'Yes' option exceed the votes for the 'No' option then the following actions will be taken:** -- Phoenix Labs will prepare a Spark spell to increase the [PT-sUSDe-26Dec2024 91.5% pool](https://morpho.blockanalitica.com/ethereum/markets/e37784e5ff9c2795395c5a41a0cb7ae1da4a93d67bfdd8654b9ff86b3065941c) Supply Cap to 250 million DAI and the [PT-sUSDe-27Mar2025 91.5% pool](https://morpho.blockanalitica.com/ethereum/markets/5e3e6b1e01c5708055548d82d01db741e37d03b948a7ef9f3d4b962648bcbfa7) Supply Cap to 200 million DAI on Sparklend Ethereum. +- Phoenix Labs will facilitate preparation of a Spark spell to increase the [PT-sUSDe-26Dec2024 91.5% pool](https://morpho.blockanalitica.com/ethereum/markets/e37784e5ff9c2795395c5a41a0cb7ae1da4a93d67bfdd8654b9ff86b3065941c) Supply Cap to 250 million DAI and the [PT-sUSDe-27Mar2025 91.5% pool](https://morpho.blockanalitica.com/ethereum/markets/5e3e6b1e01c5708055548d82d01db741e37d03b948a7ef9f3d4b962648bcbfa7) Supply Cap to 200 million DAI on Sparklend Ethereum. - An upcoming Executive Vote will include a proposal to execute the Spark spell. - 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://sky-atlas.powerhouse.io/#A.1.8.2.1_Pause_Delay-a98b8227-95f6-4711-9d8d-f52cbc6ad2d0|0db30758e055) has expired. diff --git a/governance/polls/SparkLend Ethereum and Base - Activate Spark Liquidity Layer - November 4, 2024.md b/governance/polls/SparkLend Ethereum and Base - Activate Spark Liquidity Layer - November 4, 2024.md index deef30ff9..423f1bc1f 100644 --- a/governance/polls/SparkLend Ethereum and Base - Activate Spark Liquidity Layer - November 4, 2024.md +++ b/governance/polls/SparkLend Ethereum and Base - Activate Spark Liquidity Layer - November 4, 2024.md @@ -33,7 +33,7 @@ The community can vote in this poll to express support or opposition to activati #### Ethereum -| Parameter | Max amount | Slope (tokens/day) | +| Parameter | Max amount (tokens) | Slope (tokens/day) | |--|--|--| | LIMIT_USDS_MINT | 4,000,000 | 2,000,000 | | LIMIT_USDC_TO_CCTP_ETH | max. | 0 | @@ -42,7 +42,7 @@ The community can vote in this poll to express support or opposition to activati #### Base -| Parameter | Max amount | Slope (tokens/day) | +| Parameter | Max amount (tokens) | Slope (tokens/day) | |--|--|--| | LIMIT_PSM_DEPOSIT_USDC | 4,000,000 | 2,000,000 | | LIMIT_PSM_WITHDRAW_USDC | 7,000,000 | 2,000,000 | @@ -55,7 +55,7 @@ The community can vote in this poll to express support or opposition to activati ### Offchain Parameters -| Parameter | Value | +| Parameter | Value (tokens) | |--|--| | MAINNET_MIN_OPERATION_SIZE | 400,000 | | BASE_MIN_OPERATION_SIZE | 400,000 | @@ -72,7 +72,7 @@ For more information about the activation process and these parameters, please r **If the votes for the 'Yes' option exceed the votes for the 'No' option then the following actions will be taken:** -- Phoenix Labs will prepare a Spark spell to activate the Spark Liquidity Layer on Ethereum and Base with the parameters listed above. +- Phoenix Labs will facilitate preparation of a Spark spell to activate the Spark Liquidity Layer on Ethereum and Base with the parameters listed above. - An upcoming Executive Vote will include a proposal to execute the Spark spell. - 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://sky-atlas.powerhouse.io/#A.1.8.2.1_Pause_Delay-a98b8227-95f6-4711-9d8d-f52cbc6ad2d0|0db30758e055) has expired. From ef03eb2d3bcd75556cc632e48eeab71092cb5313 Mon Sep 17 00:00:00 2001 From: VoteWizard <139255802+VoteWizard@users.noreply.github.com> Date: Mon, 4 Nov 2024 13:11:52 -0200 Subject: [PATCH 12/13] Update governance/polls/Recentering Maker Brand - Novemeber 4, 2024.md --- governance/polls/Recentering Maker Brand - Novemeber 4, 2024.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/governance/polls/Recentering Maker Brand - Novemeber 4, 2024.md b/governance/polls/Recentering Maker Brand - Novemeber 4, 2024.md index 293bf5ff9..610e66954 100644 --- a/governance/polls/Recentering Maker Brand - Novemeber 4, 2024.md +++ b/governance/polls/Recentering Maker Brand - Novemeber 4, 2024.md @@ -1,6 +1,6 @@ --- title: Recentering Maker Brand - November 4, 2024 -summary: Signal your support or opposition to 1) keep the Sky brand as the backend protocol brand; or 2) recenter the Maker brand; or 3) recenter the Maker brand with a limited brand refresh. +summary: Signal your support of the following branding options to 1) keep the Sky brand as the backend protocol brand; or 2) recenter the Maker brand; or 3) recenter the Maker brand with a limited brand refresh. discussion_link: https://forum.sky.money/t/weekly-atlas-edit-proposal-week-of-2024-10-28-0/25411 parameters: input_format: single-choice From f137e8e78ba71210ec417779f7174efa2253ce32 Mon Sep 17 00:00:00 2001 From: VoteWizard <139255802+VoteWizard@users.noreply.github.com> Date: Mon, 4 Nov 2024 13:12:36 -0200 Subject: [PATCH 13/13] Update governance/polls/Recentering Maker Brand - Novemeber 4, 2024.md --- governance/polls/Recentering Maker Brand - Novemeber 4, 2024.md | 1 + 1 file changed, 1 insertion(+) diff --git a/governance/polls/Recentering Maker Brand - Novemeber 4, 2024.md b/governance/polls/Recentering Maker Brand - Novemeber 4, 2024.md index 610e66954..d376389b5 100644 --- a/governance/polls/Recentering Maker Brand - Novemeber 4, 2024.md +++ b/governance/polls/Recentering Maker Brand - Novemeber 4, 2024.md @@ -52,6 +52,7 @@ Please review the discussion [thread](https://forum.sky.money/t/weekly-atlas-edi - The option with the most votes will be selected as the winning choice. - However, if Option 1 has the most votes individually, but the combined votes for Options 2 and 3 exceed those for Option 1, Option 2 will be declared the winner. +- The winning option will direct the Maker/Sky workforce, with any required Atlas Edits being presented at a later date. ---