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Update governance/polls/SparkLend Ethereum - Adjust SparkLend Paramet…
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…ers for cbBTC - November 18, 2024.md

Co-authored-by: MakerJanSky <[email protected]>
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VoteWizard and MakerJanSky authored Nov 18, 2024
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Expand Up @@ -38,7 +38,7 @@ Please review the discussion [thread](https://forum.sky.money/t/28-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 adjust multiple cbBTC parameters on Sparklend Ethereum as described above.
- Phoenix Labs will prepare a Spark spell to adjust multiple cbBTC parameters 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.
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