Merge pull request #782 from LongForWisdom/Polls-2020-09-14

Added USDC-A and PAX-A combined LR poll and removed unused box parameter poll.

governance/polls/USDC-A Liquidation Ratio Adjustment - September 14, 2020.md → governance/polls/Reduce USDC-A and PAX-A Liquidation Ratio - September 14, 2020.md

@@ -1,30 +1,38 @@
 ---
-title: USDC-A Liquidation Ratio Adjustment - September 14, 2020
-summary: Signal your support to lower the USDC-A Liquidation Ratio within a range of 105% to 101%
+title: Reduce USDC-A and PAX-A Liquidation Ratio - September 14, 2020
+summary: Signal your support to modify the USDC-A and PAX-A Liquidation Ratio within a range of 105% to 101%
 discussion_link: https://forum.makerdao.com/t/3886
 vote_type: Ranked Choice IRV
 options:
    0: Abstain
-   1: 110% (No Change)
+   1: No Change
    2: 105%
    3: 104%
    4: 103%
    5: 102%
    6: 101%
 ---
-# Poll: USDC-A Liquidation Ratio Adjustment - September 14, 2020
+# Poll: Reduce USDC-A and PAX-A Liquidation Ratio - September 14, 2020
 
-The Governance Facilitators have placed a Governance Poll into the [voting system](https://vote.makerdao.com/polling) which presents a number of possible **Liquidation Ratio** options for the USDC-A Vault type. Voters are now able to signal their support for a **USDC-A Liquidation Ratio** within a range of 105% to 101%.
+The Governance Facilitators have placed a Governance Poll into the [voting system](https://vote.makerdao.com/polling) which presents a number of possible **Liquidation Ratio** options for the USDC-A and PAX-A Vault types. Voters are now able to signal their support for a **USDC-A and PAX-A Liquidation Ratio** within a range of 105% to 101%.
+
+Note that this poll is a result of both a recent [signal request](https://forum.makerdao.com/t/3886) and [emergency action](https://forum.makerdao.com/t/expedited-executive-vote-2020-09-14/4125).
 
 This weekly Governance Poll ([FAQ](https://community-development.makerdao.com/governance/governance)) will be active for three days beginning on Monday, September 14 at 16:00 UTC, the results of which may inform an Executive Vote which will go live on Friday, September 18 at 16:00 UTC.
 
 ## Review
 
-The signal request for reducing the USDC-A Liquidation Ratio can be found [here](https://forum.makerdao.com/t/signal-request-should-we-reduce-the-usdc-a-collateralization-ratio/3886) along with the results. Please review the discussion there to inform your position before voting.
+The signal request for reducing the USDC-A Liquidation Ratio can be found [here](https://forum.makerdao.com/t/signal-request-should-we-reduce-the-usdc-a-collateralization-ratio/3886) along with the results.
+
+For additional context, please see the following [emergency signal request](https://forum.makerdao.com/t/signal-request-should-we-take-emergency-action-to-fix-the-peg/4096) and the subsequent [expedited executive vote](https://forum.makerdao.com/t/expedited-executive-vote-2020-09-14/4125).
+
+Please review the discussion on the linked threads to inform your position before voting.
 
 ## 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.
+If the expedited executive vote posted on Monday, September 14 passes, then the options of 105% and 104% will not lead to any further action regardless of this poll's outcome because this could result in unbacked DAI. 
+
+Given the above caveat, 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.
 
 If the Friday executive passes, then this rate change will become active in the Maker Protocol after the [Governance Security Module](https://forum.makerdao.com/tag/govsec-module) delay has expired.