
What is Governance?
Governance is a process through which a group of stakeholders come to a decision on a particular change within their system or organization. Many centralized entities have expedited the governance process through the nomination of critical decision makers like board members and executives. In the context of MakerDAO, it is done through a voting system where anyone who owns MKR can vote on changes to the Risk Parameters within the Dai Credit System.
Next Steps
- On the Friday following the conclusion of the poll, there will be an Executive Vote asking MKR token holders if they support or reject the change proposed by this Governance Poll.
Voting Stats
- Total votes: 87.608,50 MKR
- Participation: 8,88%
- Unique voters: 29
Vote breakdown
- 4 - 59.979,85 MKR (68,46%)
- 6 - 11.794,09 MKR (13,46%)
- 7 - 5.650,28 MKR (6,45%)
- 7.5 - 10.083,36 MKR (11,51%)
- 7.75 - 0 MKR (0.00%)
- 8 - 51,42 MKR (0,06%)
- 8.25 - 0 MKR (0.00%)
- 8.5 - 0 MKR (0.00%)
- 9 - 49,51 MKR (0,06%)
- 10 - 0 MKR (0.00%)
- 12 - 0 MKR (0.00%)
Winning Proposal
- 4
Poll: Sai Stability Fee Adjustment - Here