diff --git a/governance/polls/Resilience Research Project Application - Legal Opinion on MiCA Compliance for CEX Listings of USDS and DAI - December 30, 2024.md b/governance/polls/Resilience Research Project Application - Legal Opinion on MiCA Compliance for CEX Listings of USDS and DAI - December 30, 2024.md new file mode 100644 index 000000000..2611ba18d --- /dev/null +++ b/governance/polls/Resilience Research Project Application - Legal Opinion on MiCA Compliance for CEX Listings of USDS and DAI - December 30, 2024.md @@ -0,0 +1,54 @@ +--- +title: Resilience Research Project Application - Legal Opinion on MiCA Compliance for CEX Listings of USDS and DAI - December 30, 2024 +summary: Signal your support or opposition to the listed Resilience Research Project Application. +discussion_link: https://forum.sky.money/t/resilience-research-project-application-legal-opinion-on-mica-compliance-for-cex-listings-of-usds-and-dai/25759 +parameters: + input_format: single-choice + victory_conditions: + - { type : plurality } + result_display: single-vote-breakdown +version: v2.0.0 +options: + 0: Abstain + 1: Yes - Proceed with obtaining formal legal expertise to ensure compliance with MiCA. + 2: No - Do not proceed with formal legal consultation. +start_date: 2024-12-30T16:00:00 +end_date: 2025-01-02T16:00:00 +--- +# Poll: Resilience Research Project Application - Legal Opinion on MiCA Compliance for CEX Listings of USDS and DAI - December 30, 2024 + +The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the Support Facilitators. This Governance [Poll](https://sky-atlas.powerhouse.io/#A.1.9.1_Operational_Weekly_Cycle-b189fa17-57a9-4d4e-9780-0ce4efd94211%7C0db30308) will be active for three days beginning on Monday, December 30 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 funding a Resilience Research Project proposal which seeks to produce a legal opinion on MiCA compliance for CEX listings of USDS and Dai. The project abstract is as follows: + +*As MiCA (Markets in Crypto-Assets) regulation is being implemented across the EU, it is important for the Sky community to clarify the regulatory status of **USDS and DAI** and determine how it can be compliantly listed and offered by centralized exchanges (CEXs) and Crypto Asset Service Providers (CASPs). The project aims to obtain a legal opinion regarding the classification of USDS under MiCA and to outline the regulatory requirements for its compliant listing by CEXs.* + +*The legal opinion will be published on the governance forum to ensure full transparency and access to the community, as well as centralized exchanges.* + +Please review the full [application](https://forum.sky.money/t/resilience-research-project-application-legal-opinion-on-mica-compliance-for-cex-listings-of-usds-and-dai/25759) 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:** +* Funding will be included in an upcoming Executive Vote. +* 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 funding will be distributed after the [GSM Pause Delay](https://sky-atlas.powerhouse.io/#A.1.8.2.1_Pause_Delay-a98b8227-95f6-4711-9d8d-f52cbc6ad2d0%7C0db30758e055) 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 Sky 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 [Operational Manual](https://manual.makerdao.com). + +To add current and upcoming votes to your calendar, please see the [Sky Governance Calendar](https://manual.makerdao.com/makerdao/calendars/governance-calendar). diff --git a/governance/polls/Spark Liquidity Layer Base - Onboard Aave V3 Base Market USDC - December 30, 2024.md b/governance/polls/Spark Liquidity Layer Base - Onboard Aave V3 Base Market USDC - December 30, 2024.md new file mode 100644 index 000000000..eb110cc18 --- /dev/null +++ b/governance/polls/Spark Liquidity Layer Base - Onboard Aave V3 Base Market USDC - December 30, 2024.md @@ -0,0 +1,55 @@ +--- +title: Spark Liquidity Layer Base - Onboard Aave V3 Base Market USDC - December 30, 2024 +summary: Signal your support or opposition to onboarding Aave V3 Base market USDC to the Spark Liquidity Layer on Base. +discussion_link: https://forum.sky.money/t/27-dec-2024-proposed-changes-to-spark-for-upcoming-spell/25760 +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: 2024-12-30T16:00:00 +end_date: 2025-01-02T16:00:00 +--- +# Poll: Spark Liquidity Layer Base - Onboard Aave V3 Base Market USDC - December 30, 2024 + +The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the Stability Facilitators. This Governance [Poll](https://sky-atlas.powerhouse.io/#A.1.9.1_Operational_Weekly_Cycle-b189fa17-57a9-4d4e-9780-0ce4efd94211%7C0db30308) will be active for three days beginning on Monday, December 30 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 onboarding Aave V3 Base market USDC to the Spark Liquidity Layer on Base with the following parameters: +* `max amount` (maximum amount that can be executed at once) for deposits: **50 million USDC**. +* `slope` (recharging rate of capacity): **25 million USDC per day**. +* `max amount` for withdrawals: **unlimited**. + +The relevant token address is [0x4e65fE4DbA92790696d040ac24Aa414708F5c0AB](https://basescan.org/address/0x4e65fE4DbA92790696d040ac24Aa414708F5c0AB). + +Please review the discussion [thread](https://forum.sky.money/t/27-dec-2024-proposed-changes-to-spark-for-upcoming-spell/25760) 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:** +* This change will be included in an upcoming Executive Vote. +* 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 Sky Protocol after the [GSM Pause Delay](https://sky-atlas.powerhouse.io/#A.1.8.2.1_Pause_Delay-a98b8227-95f6-4711-9d8d-f52cbc6ad2d0%7C0db30758e055) 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 Sky 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 [Operational Manual](https://manual.makerdao.com). + +To add current and upcoming votes to your calendar, please see the [Sky Governance Calendar](https://manual.makerdao.com/makerdao/calendars/governance-calendar). diff --git a/governance/polls/Spark Liquidity Layer Base - Onboard Morpho USDC Vault - December 30, 2024.md b/governance/polls/Spark Liquidity Layer Base - Onboard Morpho USDC Vault - December 30, 2024.md new file mode 100644 index 000000000..9246c515a --- /dev/null +++ b/governance/polls/Spark Liquidity Layer Base - Onboard Morpho USDC Vault - December 30, 2024.md @@ -0,0 +1,61 @@ +--- +title: Spark Liquidity Layer Base - Onboard Morpho USDC Vault - December 30, 2024 +summary: Signal your support or opposition to onboarding the Morpho USDC Vault to the Spark Liquidity Layer on Base. +discussion_link: https://forum.sky.money/t/27-dec-2024-proposed-changes-to-spark-for-upcoming-spell/25760 +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: 2024-12-30T16:00:00 +end_date: 2025-01-02T16:00:00 +--- +# Poll: Spark Liquidity Layer Base - Onboard Morpho USDC Vault - December 30, 2024 + +The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the Stability Facilitators. This Governance [Poll](https://sky-atlas.powerhouse.io/#A.1.9.1_Operational_Weekly_Cycle-b189fa17-57a9-4d4e-9780-0ce4efd94211%7C0db30308) will be active for three days beginning on Monday, December 30 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 onboarding the Morpho USDC Vault to the Spark Liquidity Layer on Base with the following parameters: +* `max amount` (maximum amount that can be executed at once) for deposits: **50 million USDC**. +* `slope` (recharging rate of capacity): **25 million USDC per day**. +* `max amount` for withdrawals: **unlimited**. + +The relevant vault address is [0x305E03Ed9ADaAB22F4A58c24515D79f2B1E2FD5D](https://basescan.org/address/0x305E03Ed9ADaAB22F4A58c24515D79f2B1E2FD5D). + +The following changes will be made to the vault: + +- Add the USDC idle market with unlimited (type(uint184).max) supply cap. +- Add the RELAYER multisig as an allocator. +- Increase the supply cap on cbBTC/USDC market ([0x9103c3b4e834476c9a62ea009ba2c884ee42e94e6e314a26f04d312434191836](https://app.morpho.org/market?id=0x9103c3b4e834476c9a62ea009ba2c884ee42e94e6e314a26f04d312434191836&network=base)) to **100m illion USDC**. + +Please review the discussion [thread](https://forum.sky.money/t/27-dec-2024-proposed-changes-to-spark-for-upcoming-spell/25760) 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:** +* This change will be included in an upcoming Executive Vote. +* 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 Sky Protocol after the [GSM Pause Delay](https://sky-atlas.powerhouse.io/#A.1.8.2.1_Pause_Delay-a98b8227-95f6-4711-9d8d-f52cbc6ad2d0%7C0db30758e055) 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 Sky 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 [Operational Manual](https://manual.makerdao.com). + +To add current and upcoming votes to your calendar, please see the [Sky Governance Calendar](https://manual.makerdao.com/makerdao/calendars/governance-calendar). diff --git a/governance/polls/Spark Liquidity Layer Mainnet - Increase USDS Liquidity to Base - December 30, 2024.md b/governance/polls/Spark Liquidity Layer Mainnet - Increase USDS Liquidity to Base - December 30, 2024.md new file mode 100644 index 000000000..890a9e714 --- /dev/null +++ b/governance/polls/Spark Liquidity Layer Mainnet - Increase USDS Liquidity to Base - December 30, 2024.md @@ -0,0 +1,52 @@ +--- +title: Spark Liquidity Layer Mainnet - Increase USDS Liquidity to Base - December 30, 2024 +summary: Signal your support or opposition to increasing USDS liquidity to Base in the Spark Liquidity Layer. +discussion_link: https://forum.sky.money/t/27-dec-2024-proposed-changes-to-spark-for-upcoming-spell/25760 +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: 2024-12-30T16:00:00 +end_date: 2025-01-02T16:00:00 +--- +# Poll: Spark Liquidity Layer Mainnet - Increase USDS Liquidity to Base - December 30, 2024 + +The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the Stability Facilitators. This Governance [Poll](https://sky-atlas.powerhouse.io/#A.1.9.1_Operational_Weekly_Cycle-b189fa17-57a9-4d4e-9780-0ce4efd94211%7C0db30308) will be active for three days beginning on Monday, December 30 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: +* Increase the Spark Liquidity Layer Allocation Vault (ALLOCATOR-SPARK-A) [Maximum Debt Ceiling (`line`)](https://sky-atlas.powerhouse.io/#A.3.4.1.5.1.1.3_Maximum_Debt_Ceiling_Definition-e4a0d8f1-4a01-46a7-b693-a94e7f4afc1a%7C57ea599773d45150b2632df9) by 900 million USDS from 100 million USDS to **1 billion USDS**. +* Premint **99 million USDS** into the [Base ALM Proxy](https://basescan.org/address/0x2917956eFF0B5eaF030abDB4EF4296DF775009cA). + +Please review the discussion [thread](https://forum.sky.money/t/27-dec-2024-proposed-changes-to-spark-for-upcoming-spell/25760) 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:** +* This change will be included in an upcoming Executive Vote. +* 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 Sky Protocol after the [GSM Pause Delay](https://sky-atlas.powerhouse.io/#A.1.8.2.1_Pause_Delay-a98b8227-95f6-4711-9d8d-f52cbc6ad2d0%7C0db30758e055) 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 Sky 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 [Operational Manual](https://manual.makerdao.com). + +To add current and upcoming votes to your calendar, please see the [Sky Governance Calendar](https://manual.makerdao.com/makerdao/calendars/governance-calendar). diff --git a/governance/polls/Spark Liquidity Layer Mainnet - Onboard Aave V3 Main Market USDC and USDS - December 30, 2024.md b/governance/polls/Spark Liquidity Layer Mainnet - Onboard Aave V3 Main Market USDC and USDS - December 30, 2024.md new file mode 100644 index 000000000..ebd5e2622 --- /dev/null +++ b/governance/polls/Spark Liquidity Layer Mainnet - Onboard Aave V3 Main Market USDC and USDS - December 30, 2024.md @@ -0,0 +1,59 @@ +--- +title: Spark Liquidity Layer Mainnet - Onboard Aave V3 Main Market USDC and USDS - December 30, 2024 +summary: Signal your support or opposition to onboarding Aave V3 main market USDC and USDS to the Spark Liquidity Layer on mainnet. +discussion_link: https://forum.sky.money/t/27-dec-2024-proposed-changes-to-spark-for-upcoming-spell/25760 +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: 2024-12-30T16:00:00 +end_date: 2025-01-02T16:00:00 +--- +# Poll: Spark Liquidity Layer Mainnet - Onboard Aave V3 Main Market USDC and USDS - December 30, 2024 + +The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the Stability Facilitators. This Governance [Poll](https://sky-atlas.powerhouse.io/#A.1.9.1_Operational_Weekly_Cycle-b189fa17-57a9-4d4e-9780-0ce4efd94211%7C0db30308) will be active for three days beginning on Monday, December 30 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 onboarding Aave V3 main market USDC and USDS to the Spark Liquidity Layer on mainnet with the following parameters: +* `max amount` (maximum amount that can be executed at once) for + deposits: **50 million tokens** for each asset. +* `slope` (recharging rate of capacity): **25 million tokens per day** for each asset. +* `max amount` for withdrawals: **unlimited**. + +The relevant token addresses are: + +- USDS AToken: [0x32a6268f9Ba3642Dda7892aDd74f1D34469A4259](https://etherscan.io/address/0x32a6268f9Ba3642Dda7892aDd74f1D34469A4259). +- USDC AToken: [0x98C23E9d8f34FEFb1B7BD6a91B7FF122F4e16F5c](https://etherscan.io/address/0x98C23E9d8f34FEFb1B7BD6a91B7FF122F4e16F5c). + +Please review the discussion [thread](https://forum.sky.money/t/27-dec-2024-proposed-changes-to-spark-for-upcoming-spell/25760) 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:** +* These changes will be included in an upcoming Executive Vote. +* 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 Sky Protocol after the [GSM Pause Delay](https://sky-atlas.powerhouse.io/#A.1.8.2.1_Pause_Delay-a98b8227-95f6-4711-9d8d-f52cbc6ad2d0%7C0db30758e055) 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 Sky 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 [Operational Manual](https://manual.makerdao.com). + +To add current and upcoming votes to your calendar, please see the [Sky Governance Calendar](https://manual.makerdao.com/makerdao/calendars/governance-calendar). diff --git a/governance/polls/Spark Liquidity Layer Mainnet - Onboard Ethena USDe and sUSDe Direct Exposure - December 30, 2024.md b/governance/polls/Spark Liquidity Layer Mainnet - Onboard Ethena USDe and sUSDe Direct Exposure - December 30, 2024.md new file mode 100644 index 000000000..69c962650 --- /dev/null +++ b/governance/polls/Spark Liquidity Layer Mainnet - Onboard Ethena USDe and sUSDe Direct Exposure - December 30, 2024.md @@ -0,0 +1,70 @@ +--- +title: Spark Liquidity Layer Mainnet - Onboard Ethena USDe and sUSDe Direct Exposure - December 30, 2024 +summary: Signal your support or opposition to onboarding USDe and sUSDe direct exposure to the Spark Liquidity Layer on mainnet. +discussion_link: https://forum.sky.money/t/27-dec-2024-proposed-changes-to-spark-for-upcoming-spell/25760 +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: 2024-12-30T16:00:00 +end_date: 2025-01-02T16:00:00 +--- +# Poll: Spark Liquidity Layer Mainnet - Onboard Ethena USDe and sUSDe Direct Exposure - December 30, 2024 + +The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the Stability Facilitators. This Governance [Poll](https://sky-atlas.powerhouse.io/#A.1.9.1_Operational_Weekly_Cycle-b189fa17-57a9-4d4e-9780-0ce4efd94211%7C0db30308) will be active for three days beginning on Monday, December 30 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 following parameter changes for Spark’s direct Ethena staked USDe exposure: + +### Minting USDe + +- `max amount` (maximum amount that can be executed at once): **50 million USDe**. +- `slope` (recharging rate of capacity): **50 million USDe per day**. + +### Burning USDe + +- `max amount`: **100 million USDe**. +- `slope`: **100 million USDe per day**. + +### Depositing to sUSDe + +- `max amount`: **100 million USDe**. +- `slope`: **100 million USDe per day**. + +### Withdrawing from sUSDe + +- `max amount`: **500 million USDe**. +- `slope`: **250 million USDe per day**. + +Please review the discussion [thread](https://forum.sky.money/t/27-dec-2024-proposed-changes-to-spark-for-upcoming-spell/25760) 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:** +* These changes will be included in an upcoming Executive Vote. +* 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 Sky Protocol after the [GSM Pause Delay](https://sky-atlas.powerhouse.io/#A.1.8.2.1_Pause_Delay-a98b8227-95f6-4711-9d8d-f52cbc6ad2d0%7C0db30758e055) 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 Sky 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 [Operational Manual](https://manual.makerdao.com). + +To add current and upcoming votes to your calendar, please see the [Sky Governance Calendar](https://manual.makerdao.com/makerdao/calendars/governance-calendar). diff --git a/governance/polls/Spark Protocol Mainnet - Adjust Morpho Spark DAI Vault Supply Caps - December 30, 2024.md b/governance/polls/Spark Protocol Mainnet - Adjust Morpho Spark DAI Vault Supply Caps - December 30, 2024.md new file mode 100644 index 000000000..3d3a440d2 --- /dev/null +++ b/governance/polls/Spark Protocol Mainnet - Adjust Morpho Spark DAI Vault Supply Caps - December 30, 2024.md @@ -0,0 +1,62 @@ +--- +title: Spark Protocol Mainnet - Adjust Morpho Spark DAI Vault Supply Caps - December 30, 2024 +summary: Signal your support or opposition to the listed supply cap changes for the Morpho Spark DAI Vault. +discussion_link: https://forum.sky.money/t/27-dec-2024-proposed-changes-to-spark-for-upcoming-spell/25760 +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: 2024-12-30T16:00:00 +end_date: 2025-01-02T16:00:00 +--- +# Poll: Spark Protocol Mainnet - Adjust Morpho Spark DAI Vault Supply Caps - December 30, 2024 + +The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the Stability Facilitators. This Governance [Poll](https://sky-atlas.powerhouse.io/#A.1.9.1_Operational_Weekly_Cycle-b189fa17-57a9-4d4e-9780-0ce4efd94211%7C0db30308) will be active for three days beginning on Monday, December 30 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 to the supply caps in the Morpho Spark DAI vault: +- USDe 94.5%: reduce by 10 million DAI from 10 million DAI to **0 DAI**. +- USDe 91.5%: no change. +- USDe 86%: no change. +- USDe 77%: reduce by 1 billion DAI from 1 billion DAI to **0 DAI**. +- sUSDe 94.5%: reduce by 10 million DAI from 10 million DAI to **0 DAI**. +- sUSDe 91.5%: no change. +- sUSDe 86%: no change. +- sUSDe 77%: reduce by 1 billion DAI from 1 billion DAI to **0 DAI**. +- PT-sUSDe-24Oct2024 86%: reduce by 100 million DAI from 100 million DAI to **0 DAI**. +- PT-sUSDe-26Dec2024 91.5%: reduce by 250 million DAI from 250 million DAI to **0 DAI**. +- PT-sUSDe-27Mar2025 91.5%: increase by 100 million DAI from 400 million to **500 million DAI**. +- PT-USDe-27Mar2025 91.5%: no change. + +Please review the discussion [thread](https://forum.sky.money/t/27-dec-2024-proposed-changes-to-spark-for-upcoming-spell/25760) 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:** +* These changes will be included in an upcoming Executive Vote. +* 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 Sky Protocol after the [GSM Pause Delay](https://sky-atlas.powerhouse.io/#A.1.8.2.1_Pause_Delay-a98b8227-95f6-4711-9d8d-f52cbc6ad2d0%7C0db30758e055) 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 Sky 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 [Operational Manual](https://manual.makerdao.com). + +To add current and upcoming votes to your calendar, please see the [Sky Governance Calendar](https://manual.makerdao.com/makerdao/calendars/governance-calendar). diff --git a/governance/polls/Spark Protocol Mainnet - Onboard May sUSDe PT to Morpho Spark DAI Vault - December 30, 2024.md b/governance/polls/Spark Protocol Mainnet - Onboard May sUSDe PT to Morpho Spark DAI Vault - December 30, 2024.md new file mode 100644 index 000000000..0fab0dc48 --- /dev/null +++ b/governance/polls/Spark Protocol Mainnet - Onboard May sUSDe PT to Morpho Spark DAI Vault - December 30, 2024.md @@ -0,0 +1,55 @@ +--- +title: Spark Protocol Mainnet - Onboard PT-sUSDE-29MAY2025 to Morpho Spark DAI Vault - December 30, 2024 +summary: Signal your support or opposition to onboarding PT-sUSDE-29MAY2025 to the Morpho Spark DAI Vault. +discussion_link: https://forum.sky.money/t/27-dec-2024-proposed-changes-to-spark-for-upcoming-spell/25760 +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: 2024-12-30T16:00:00 +end_date: 2025-01-02T16:00:00 +--- +# Poll: Spark Protocol Mainnet - Onboard PT-sUSDE-29MAY2025 to Morpho Spark DAI Vault - December 30, 2024 + +The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the Stability Facilitators. This Governance [Poll](https://sky-atlas.powerhouse.io/#A.1.9.1_Operational_Weekly_Cycle-b189fa17-57a9-4d4e-9780-0ce4efd94211%7C0db30308) will be active for three days beginning on Monday, December 30 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 onboarding PT-sUSDE-29MAY2025 to the Morpho Spark DAI Vault with the following parameters: +* Pool LLTV: **91.5%**. +* Oracle Discount Rate: **25%** +* Supply Cap: **200 million DAI**. + +The id for the relevant Morpho market is [0x407d8c123443d362ffdfe73208068ef158a21d1a44a988c9acc23a51bade7905](https://app.morpho.org/market?id=0x407d8c123443d362ffdfe73208068ef158a21d1a44a988c9acc23a51bade7905&network=mainnet) + +Please review the discussion [thread](https://forum.sky.money/t/27-dec-2024-proposed-changes-to-spark-for-upcoming-spell/25760) 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:** +* This change will be included in an upcoming Executive Vote. +* 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 Sky Protocol after the [GSM Pause Delay](https://sky-atlas.powerhouse.io/#A.1.8.2.1_Pause_Delay-a98b8227-95f6-4711-9d8d-f52cbc6ad2d0%7C0db30758e055) 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 Sky 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 [Operational Manual](https://manual.makerdao.com). + +To add current and upcoming votes to your calendar, please see the [Sky Governance Calendar](https://manual.makerdao.com/makerdao/calendars/governance-calendar). diff --git a/governance/polls/SparkLend Ethereum - Adjust SparkLend Parameters for WBTC - December 30, 2024.md b/governance/polls/SparkLend Ethereum - Adjust SparkLend Parameters for WBTC - December 30, 2024.md new file mode 100644 index 000000000..66f6122c8 --- /dev/null +++ b/governance/polls/SparkLend Ethereum - Adjust SparkLend Parameters for WBTC - December 30, 2024.md @@ -0,0 +1,51 @@ +--- +title: SparkLend Ethereum - Adjust SparkLend Parameters for WBTC - December 30, 2024 +summary: Signal your support or opposition to the listed parameter change for WBTC on SparkLend on mainnet. +discussion_link: https://forum.sky.money/t/27-dec-2024-proposed-changes-to-spark-for-upcoming-spell/25760 +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: 2024-12-30T16:00:00 +end_date: 2025-01-02T16:00:00 +--- +# Poll: SparkLend Ethereum - Adjust SparkLend Parameters for WBTC - December 30, 2024 + +The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the Stability Facilitators. This Governance [Poll](https://sky-atlas.powerhouse.io/#A.1.9.1_Operational_Weekly_Cycle-b189fa17-57a9-4d4e-9780-0ce4efd94211%7C0db30308) will be active for three days beginning on Monday, December 30 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 change: +* Reduce the 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 percentage points from 60% to **55%**. + +Please review the discussion [thread](https://forum.sky.money/t/27-dec-2024-proposed-changes-to-spark-for-upcoming-spell/25760) 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:** +* This change will be included in an upcoming Executive Vote. +* 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 this change will become active in the Sky Protocol after the [GSM Pause Delay](https://sky-atlas.powerhouse.io/#A.1.8.2.1_Pause_Delay-a98b8227-95f6-4711-9d8d-f52cbc6ad2d0%7C0db30758e055) 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 Sky 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 [Operational Manual](https://manual.makerdao.com). + +To add current and upcoming votes to your calendar, please see the [Sky Governance Calendar](https://manual.makerdao.com/makerdao/calendars/governance-calendar). diff --git a/governance/polls/SparkLend Ethereum - Adjust SparkLend Parameters for cbBTC - December 30, 2024.md b/governance/polls/SparkLend Ethereum - Adjust SparkLend Parameters for cbBTC - December 30, 2024.md new file mode 100644 index 000000000..65478c9e8 --- /dev/null +++ b/governance/polls/SparkLend Ethereum - Adjust SparkLend Parameters for cbBTC - December 30, 2024.md @@ -0,0 +1,51 @@ +--- +title: SparkLend Ethereum - Adjust SparkLend Parameters for cbBTC - December 30, 2024 +summary: Signal your support or opposition to the listed parameter change for cbBTC on SparkLend on mainnet. +discussion_link: https://forum.sky.money/t/27-dec-2024-proposed-changes-to-spark-for-upcoming-spell/25760 +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: 2024-12-30T16:00:00 +end_date: 2025-01-02T16:00:00 +--- +# Poll: SparkLend Ethereum - Adjust SparkLend Parameters for cbBTC - December 30, 2024 + +The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the Stability Facilitators. This Governance [Poll](https://sky-atlas.powerhouse.io/#A.1.9.1_Operational_Weekly_Cycle-b189fa17-57a9-4d4e-9780-0ce4efd94211%7C0db30308) will be active for three days beginning on Monday, December 30 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 change: +* Increase the cbBTC Supply Cap [Absolute Maximum Exposure (`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 7,000 cbBTC from 3,000 cbBTC to 10,000 **cbBTC**. + +Please review the discussion [thread](https://forum.sky.money/t/27-dec-2024-proposed-changes-to-spark-for-upcoming-spell/25760) 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:** +* This change will be included in an upcoming Executive Vote. +* 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 this change will become active in the Sky Protocol after the [GSM Pause Delay](https://sky-atlas.powerhouse.io/#A.1.8.2.1_Pause_Delay-a98b8227-95f6-4711-9d8d-f52cbc6ad2d0%7C0db30758e055) 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 Sky 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 [Operational Manual](https://manual.makerdao.com). + +To add current and upcoming votes to your calendar, please see the [Sky Governance Calendar](https://manual.makerdao.com/makerdao/calendars/governance-calendar). diff --git a/governance/polls/SparkLend Ethereum - Adjust SparkLend Parameters for weETH - December 30, 2024.md b/governance/polls/SparkLend Ethereum - Adjust SparkLend Parameters for weETH - December 30, 2024.md new file mode 100644 index 000000000..912d45ef7 --- /dev/null +++ b/governance/polls/SparkLend Ethereum - Adjust SparkLend Parameters for weETH - December 30, 2024.md @@ -0,0 +1,51 @@ +--- +title: SparkLend Ethereum - Adjust SparkLend Parameters for weETH - December 30, 2024 +summary: Signal your support or opposition to the listed parameter change for weETH on SparkLend on mainnet. +discussion_link: https://forum.sky.money/t/27-dec-2024-proposed-changes-to-spark-for-upcoming-spell/25760 +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: 2024-12-30T16:00:00 +end_date: 2025-01-02T16:00:00 +--- +# Poll: SparkLend Ethereum - Adjust SparkLend Parameters for weETH - December 30, 2024 + +The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the Stability Facilitators. This Governance [Poll](https://sky-atlas.powerhouse.io/#A.1.9.1_Operational_Weekly_Cycle-b189fa17-57a9-4d4e-9780-0ce4efd94211%7C0db30308) will be active for three days beginning on Monday, December 30 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 change: +* **Remove** weETH from [Isolation Mode](https://sky-atlas.powerhouse.io/A.3.8.1.6.1.19_Isolated_Collateral_Enabled_Definition/2b4d2a01-fc3e-45a4-9d5e-2ef7d3677ff8|57eaf45219be608847d6). + +Please review the discussion [thread](https://forum.sky.money/t/27-dec-2024-proposed-changes-to-spark-for-upcoming-spell/25760) 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:** +* This change will be included in an upcoming Executive Vote. +* 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 this change will become active in the Sky Protocol after the [GSM Pause Delay](https://sky-atlas.powerhouse.io/#A.1.8.2.1_Pause_Delay-a98b8227-95f6-4711-9d8d-f52cbc6ad2d0%7C0db30758e055) 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 Sky 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 [Operational Manual](https://manual.makerdao.com). + +To add current and upcoming votes to your calendar, please see the [Sky Governance Calendar](https://manual.makerdao.com/makerdao/calendars/governance-calendar). diff --git a/governance/polls/SparkLend Ethereum - Adjust SparkLend Parameters for wstETH - December 30, 2024.md b/governance/polls/SparkLend Ethereum - Adjust SparkLend Parameters for wstETH - December 30, 2024.md new file mode 100644 index 000000000..78767f0cd --- /dev/null +++ b/governance/polls/SparkLend Ethereum - Adjust SparkLend Parameters for wstETH - December 30, 2024.md @@ -0,0 +1,57 @@ +--- +title: SparkLend Ethereum - Adjust SparkLend Parameters for wstETH - December 30, 2024 +summary: Signal your support or opposition to the listed parameter changes for wstETH on SparkLend on mainnet. +discussion_link: https://forum.sky.money/t/27-dec-2024-proposed-changes-to-spark-for-upcoming-spell/25760 +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: 2024-12-30T16:00:00 +end_date: 2025-01-02T16:00:00 +--- +# Poll: SparkLend Ethereum - Adjust SparkLend Parameters for wstETH - December 30, 2024 + +The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the Stability Facilitators. This Governance [Poll](https://sky-atlas.powerhouse.io/#A.1.9.1_Operational_Weekly_Cycle-b189fa17-57a9-4d4e-9780-0ce4efd94211%7C0db30308) will be active for three days beginning on Monday, December 30 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: +- Increase wstETH Borrow Cap [Target Available Exposure (`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) by 5,000 wstETH from 5,000 wstETH to **10,000 wstETH**. +- Increase wstETH Borrow Cap [Absolute Maximum Exposure (`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) by 900,000 wstETH from 100,000 wstETH to **1,000,000 wstETH**. +- Increase wstETH [Optimal Utilization](https://sky-atlas.powerhouse.io/A.3.8.1.6.1.11_Optimal_Utilization_Definition/7dd3b868-b5c1-4f16-b997-8fb35a971ab1|57eaf45219be608847d6) by 25 percentage points from 45% to **70%**. +- Reduce wstETH [Base Rate](https://sky-atlas.powerhouse.io/A.3.8.1.6.1.13_Base_Rate_Definition/3ea70be9-6d09-4e25-8025-a0235dd71c28|57eaf45219be608847d6) by 0.25 percentage points from 0.25% to **0%**. +- Reduce [Slope 1](https://sky-atlas.powerhouse.io/A.3.8.1.6.1.15_Slope_1_Definition/20c3c3c3-432e-48ac-8336-86b8345f920e|57eaf45219be608847d6) by 2.5 percentage points from 4.5% to **2%**. +- Increase [Slope 2](https://sky-atlas.powerhouse.io/A.3.8.1.6.1.16_Slope_2_Definition/e5bb5c04-c9f1-4f85-bd45-1d36269482fe|57eaf45219be608847d6) by 120 percentage points from 80% to **200%**. +- Increase [Reserve Factor](https://sky-atlas.powerhouse.io/A.3.8.1.6.1.8_Reserve_Factor_Definition/3f82c59f-c575-4975-8e1b-653136c3f1fd|57eaf45219be608847d6) by 15 percentage points from 15% to **30%**. + +Please review the discussion [thread](https://forum.sky.money/t/27-dec-2024-proposed-changes-to-spark-for-upcoming-spell/25760) 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:** +* These changes will be included in an upcoming Executive Vote. +* 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 Sky Protocol after the [GSM Pause Delay](https://sky-atlas.powerhouse.io/#A.1.8.2.1_Pause_Delay-a98b8227-95f6-4711-9d8d-f52cbc6ad2d0%7C0db30758e055) 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 Sky 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 [Operational Manual](https://manual.makerdao.com). + +To add current and upcoming votes to your calendar, please see the [Sky Governance Calendar](https://manual.makerdao.com/makerdao/calendars/governance-calendar). diff --git a/governance/polls/Sparklend Ethereum - Update DAI, USDC, USDT IRMs to Anchor to SSR - December 30, 2024.md b/governance/polls/Sparklend Ethereum - Update DAI, USDC, USDT IRMs to Anchor to SSR - December 30, 2024.md new file mode 100644 index 000000000..069e1bc36 --- /dev/null +++ b/governance/polls/Sparklend Ethereum - Update DAI, USDC, USDT IRMs to Anchor to SSR - December 30, 2024.md @@ -0,0 +1,52 @@ +--- +title: Sparklend Ethereum - Update DAI, USDC, USDT IRMs to Anchor to SSR - December 30, 2024 +summary: Signal your support or opposition to updating the stablecoin IRMs to reference the SSR for SparkLend on mainnet. +discussion_link: https://forum.sky.money/t/27-dec-2024-proposed-changes-to-spark-for-upcoming-spell/25760 +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: 2024-12-30T16:00:00 +end_date: 2025-01-02T16:00:00 +--- +# Poll: Sparklend Ethereum - Update DAI, USDC, USDT IRMs to Anchor to SSR - December 30, 2024 + +The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the Stability Facilitators. This Governance [Poll](https://sky-atlas.powerhouse.io/#A.1.9.1_Operational_Weekly_Cycle-b189fa17-57a9-4d4e-9780-0ce4efd94211%7C0db30308) will be active for three days beginning on Monday, December 30 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: +* Update the DAI, USDC, and USDT [Interest Rate Models](https://sky-atlas.powerhouse.io/A.3.8.1.6.1.3_Interest_Rate_Model_Definition/83e3f4f2-5e8e-4383-95e5-3af1bfb19210|57eaf45219be608847d6) to anchor to the [**Sky Savings Rate (SSR)**](https://sky-atlas.powerhouse.io/A.3.2.2.3_Sky_Savings_Rate/73d91126-21c9-4e8a-bedf-8a51a432bb59|57eab733e951) instead of the [Dai Savings Rate (DSR)](https://sky-atlas.powerhouse.io/A.3.2.2.2_Dai_Savings_Rate/8e289e71-7ec5-4ce5-8d4d-41aab7a50f53|57eab733e951). +* Increase the spread between SSR and SparkLend effective DAI borrow rate by 0.25 percentage points from ~0% to **~0.25%**. + +Please review the discussion [thread](https://forum.sky.money/t/27-dec-2024-proposed-changes-to-spark-for-upcoming-spell/25760) 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:** +* These changes will be included in an upcoming Executive Vote. +* 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 Sky Protocol after the [GSM Pause Delay](https://sky-atlas.powerhouse.io/#A.1.8.2.1_Pause_Delay-a98b8227-95f6-4711-9d8d-f52cbc6ad2d0%7C0db30758e055) 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 Sky 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 [Operational Manual](https://manual.makerdao.com). + +To add current and upcoming votes to your calendar, please see the [Sky Governance Calendar](https://manual.makerdao.com/makerdao/calendars/governance-calendar).