The Maker Foundation Interim Governance Facilitator has placed an Immediate Executive Vote proposal into the voting system to:
Lower the Dai Stability Fee to 0.5%
Increase the Dai Savings Rate Spread to 0.5%
Note: This will set the Dai Savings Rate to 0%
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Lower the Sai debt ceiling 20M
Reduce the Governance Security Module delay to 4 hours
Activate the Liquidation Freeze Module
More background and detail on the proposal can be found in the forum:https://forum.makerdao.com/t/proposal-for-immediate-changes-and-executive-vote/1545 …2 replies 6 retweets 22 likesShow this thread
The spell has been cast. The Sai debt ceiling is now 20MM. All other changes will take place Monday, March 16 at 7:15 PM GMT.
12:23 PM - 15 Mar 2020
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