From c09791a2509ac807d8d5cc023f2d585f3a614eaf Mon Sep 17 00:00:00 2001 From: 0xldr <139177554+0xldr@users.noreply.github.com> Date: Sun, 8 Sep 2024 22:08:49 +0100 Subject: [PATCH 1/7] add polls --- .../Atlas v2 Upgrade - September 9, 2024.md | 53 +++++++ ... Parameter Proposal - September 9, 2024.md | 133 ++++++++++++++++++ 2 files changed, 186 insertions(+) create mode 100644 governance/polls/Atlas v2 Upgrade - September 9, 2024.md create mode 100644 governance/polls/Sky Protocol Launch Season - Token and Product Launch Parameter Proposal - September 9, 2024.md diff --git a/governance/polls/Atlas v2 Upgrade - September 9, 2024.md b/governance/polls/Atlas v2 Upgrade - September 9, 2024.md new file mode 100644 index 000000000..0b2fa19af --- /dev/null +++ b/governance/polls/Atlas v2 Upgrade - September 9, 2024.md @@ -0,0 +1,53 @@ +--- +title: Atlas v2 Upgrade - September 9, 2024 +summary: Signal your support or opposition to the Atlas v2 upgrade. +discussion_link: https://forum.makerdao.com/t/atlas-v2-upgrade-poll-request/25010 +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: 2024-09-09T16:00:00 +end_date: 2024-09-12T16:00:00 +--- + +# Poll: Atlas v2 Upgrade - September 9, 2024 + +The Governance Facilitators have placed a Governance Poll into the voting system on behalf of Atlas Axis following the process described in [Article 1.1](https://mips.makerdao.com/mips/details/MIP101#1-1-atlas-v2-upgrade-process) of The Atlas. This Governance [Poll](https://manual.makerdao.com/governance/governance-cycle/weekly-governance-cycle#weekly-governance-cycle-definitions-mip16c1) will be active for three days beginning on Monday, September 9 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 Atlas v2 upgrade process. + +Atlas v2 may be viewed at the following links: +- [GitHub](https://github.com/makerdao/next-gen-atlas) +- [Powerhouse Atlas Explorer](https://sky-atlas.powerhouse.io/) + +Please review the discussion [thread](https://forum.makerdao.com/t/atlas-v2-upgrade-poll-request/25010) 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:** +* Atlas v2 will replace The Atlas defined in MIP101. + +**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 Maker 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 [Maker Operational Manual](https://manual.makerdao.com). + +To add current and upcoming votes to your calendar, please see the [MakerDAO Governance Calendar](https://manual.makerdao.com/makerdao/calendars/governance-calendar). diff --git a/governance/polls/Sky Protocol Launch Season - Token and Product Launch Parameter Proposal - September 9, 2024.md b/governance/polls/Sky Protocol Launch Season - Token and Product Launch Parameter Proposal - September 9, 2024.md new file mode 100644 index 000000000..8b306e234 --- /dev/null +++ b/governance/polls/Sky Protocol Launch Season - Token and Product Launch Parameter Proposal - September 9, 2024.md @@ -0,0 +1,133 @@ +--- +title: Sky Protocol Launch Season - Token and Product Launch Parameter Proposal - September 9, 2024 +summary: Signal your support or opposition to the token and product launch parameters. +discussion_link: https://forum.makerdao.com/t/sky-protocol-launch-season-token-and-product-launch-parameter-proposal/25031 +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: 2024-09-09T16:00:00 +end_date: 2024-09-12T16:00:00 +--- +# Poll: Sky Protocol Launch Season - Token and Product Launch Parameter Proposal - September 9, 2024 + +The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the Ecosystem team. This Governance [Poll](https://manual.makerdao.com/governance/governance-cycle/weekly-governance-cycle#weekly-governance-cycle-definitions-mip16c1) will be active for three days beginning on Monday, September 9 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'.** + +**This proposal will only take effect if the concurrent Atlas v2 Upgrade proposal passes.** + +## Review + +The community can vote in this poll to express support or opposition to the following changes. In summary, this vovers the following items (find attached corresponding GitHub Repos, which include README files that explain all technical details): + +* New Token contracts and corresponding token converters + * [USDS](https://github.com/makerdao/sdai/tree/susds) (Upgraded DAI) + * [SKY](https://github.com/makerdao/sky) (Upgraded MKR) +* The introduction of the [Sky Savings Rate (sUSDS)](https://github.com/makerdao/sdai/tree/snst) +* [Smart Burn Engine](https://github.com/makerdao/dss-flappers/tree/dev) upgrade and [pool migration](https://github.com/makerdao/univ2-pool-migrator) to the new tokens +* The introduction of [Sky Token Rewards (STR)](https://github.com/makerdao/endgame-toolkit/blob/master/README.md#farms) + * Use USDS to get SKY + * Use USDS to get 01 rewardsToken +* [GSM Delay](https://sky-atlas.powerhouse.io/#A.1.8.2_Governance_Security_Delay_Requirements-9349994e-9918-494c-9e9a-e993082ae055%7C0db30758) Changes +* Corresponding [Atlas V2](https://sky-atlas.powerhouse.io/) Active Data Updates + +To learn more about Launch Season, refer to: + +* [MakerDAO Endgame: Launch Season (final)](https://forum.makerdao.com/t/makerdao-endgame-launch-season-final/24740) +* [Sky has arrived!](https://forum.makerdao.com/t/sky-has-arrived/24959) +* [Atlas V2](https://forum.makerdao.com/t/atlas-v2-upgrade-poll-request/25010) +* [Endgame: Announcing the Token and Product Launch forum post](https://forum.makerdao.com/t/endgame-announcing-the-token-and-product-launch/25021/1) + +### Launch Executive Proposal + +* Set the Schedule Method time for the earliest spell execution: September 17, 12:00 UTC + +### Deployment Requirements Before Token and Product Launch Spell + +* Tokens: + * USDS + * SKY + * sUSDS +* DAI:USDS and MKR:SKY converters +* Create USDS/SKY UniV2 pool (if this does not exist already) +* FlapperUniV2 for the Smart Burn Engine +* Splitter +* SplitterMOM +* LitePSM USDS Wrapper +* USDSJoin +* SKY DssVestMintable +* SKY VestingRewardsDistribution +* Rewards distribution cron-job +* StakingRewards (rewardsToken: SKY, stakingToken: USDS) +* StakingRewards (rewardsToken: 01, stakingToken: USDS) + +### Parameters + +* New Tokens Initialization + * [USDS](https://github.com/makerdao/nst) + * [SKY](https://github.com/makerdao/ngt) + * [Savings USDS (sUSDS)](https://github.com/makerdao/sdai/tree/susds) + * Set Sky Savings Rate to **6.25%** +* Initialize token converters + * DAI <> USDS converter + * DAI to USDS conversion (both ways). The exchange Rate is **1:1** + * MKR <> SKY converter + * MKR to SKY conversion with an MKR/SKY conversion rate of **1:24,000** +* USDS/SKY UniV2 Pool Migration and Smart Burn Engine Upgrade to use New Tokens + * USDS/SKY UniV2 Pool Migration + * Migrate funds from DAI/MKR UniV2 Pool to USDS/SKY UniV2 Pool + * Splitter Initialization: + * `hump`: **55 million DAI** + * `bump`: **65,000 DAI** (USDS in practice) + * `burn`: **100%** (1.0 * WAD) + * `hop`: **10,249 seconds** + * Dss Flapper Initialization to Use New Tokens + * `flapper`: FlapperUniV2 + * `pip`: OracleWrapper ([0x38e8c1D443f546Dc014D7756ec63116161CB7B25](https://etherscan.io/address/0x38e8c1D443f546Dc014D7756ec63116161CB7B25)) + * `want`: **0.98 * WAD** +* Sky Token Rewards (STR) Deployment + * SKY (Supply USDS to get Sky Token Rewards in the form of SKY) + * DssVest + * Rewards Distribution Rate: **600,000,000 SKY** + * Rewards Distribution Cap: **800,000,000 SKY** + * Start Date relative to the spell cast time minus 7 days + * `vestBgn`: `block.timestamp - 7 days` + * End Date is set one year after Start Date defined by duration + * `vestTau`: **365 days** + * Call `distrdibute()` in VestedRewardsDistribution contract in the spell execution + * 01 Rewards (Supply USDS to get future token rewards. More details about this will follow soon) +* Setup new Keeper Network Job - VestedRewardsDistributionJob + * Interval: **7 days** +* GSM Delay + * Decrease by 14 hours, from 30 hours to **16 hours** + +Please review the discussion [thread](https://forum.makerdao.com/t/sky-protocol-launch-season-token-and-product-launch-parameter-proposal/25031) to help inform your position before voting. + +## Outcomes + +**If the votes for the 'Yes' option exceed the votes for the 'No' option AND the Atlas v2 Upgrade proposal passes 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 Maker Protocol after the [GSM Pause Delay](https://manual.makerdao.com/parameter-index/core/param-gsm-pause-delay) 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 Maker 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 [Maker Operational Manual](https://manual.makerdao.com). + +To add current and upcoming votes to your calendar, please see the [MakerDAO Governance Calendar](https://manual.makerdao.com/makerdao/calendars/governance-calendar). From 8565c0fd4e98fda695b32adfd5f27fa0754c2b04 Mon Sep 17 00:00:00 2001 From: 0xldr <139177554+0xldr@users.noreply.github.com> Date: Mon, 9 Sep 2024 14:13:48 +0100 Subject: [PATCH 2/7] Apply suggestions from code review Co-authored-by: blimpa <72349134+blimpa@users.noreply.github.com> Co-authored-by: MakerJanSky <137431968+MakerJanSky@users.noreply.github.com> --- ...d Product Launch Parameter Proposal - September 9, 2024.md | 4 ++-- 1 file changed, 2 insertions(+), 2 deletions(-) diff --git a/governance/polls/Sky Protocol Launch Season - Token and Product Launch Parameter Proposal - September 9, 2024.md b/governance/polls/Sky Protocol Launch Season - Token and Product Launch Parameter Proposal - September 9, 2024.md index 8b306e234..1310b5696 100644 --- a/governance/polls/Sky Protocol Launch Season - Token and Product Launch Parameter Proposal - September 9, 2024.md +++ b/governance/polls/Sky Protocol Launch Season - Token and Product Launch Parameter Proposal - September 9, 2024.md @@ -28,7 +28,7 @@ The Governance Facilitators have placed a Governance Poll into the voting system ## Review -The community can vote in this poll to express support or opposition to the following changes. In summary, this vovers the following items (find attached corresponding GitHub Repos, which include README files that explain all technical details): +The community can vote in this poll to express support or opposition to the changes described below. In summary, this covers the following items (find attached corresponding GitHub repos, which include README files that explain all technical details): * New Token contracts and corresponding token converters * [USDS](https://github.com/makerdao/sdai/tree/susds) (Upgraded DAI) @@ -80,7 +80,7 @@ To learn more about Launch Season, refer to: * Set Sky Savings Rate to **6.25%** * Initialize token converters * DAI <> USDS converter - * DAI to USDS conversion (both ways). The exchange Rate is **1:1** + * DAI to USDS conversion (both ways). The exchange rate is **1:1** * MKR <> SKY converter * MKR to SKY conversion with an MKR/SKY conversion rate of **1:24,000** * USDS/SKY UniV2 Pool Migration and Smart Burn Engine Upgrade to use New Tokens From 3806c4d18ffbcb53765d683b0b79f0e3913c3c8a Mon Sep 17 00:00:00 2001 From: 0xldr <139177554+0xldr@users.noreply.github.com> Date: Mon, 9 Sep 2024 14:15:13 +0100 Subject: [PATCH 3/7] fix typo --- ...and Product Launch Parameter Proposal - September 9, 2024.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/governance/polls/Sky Protocol Launch Season - Token and Product Launch Parameter Proposal - September 9, 2024.md b/governance/polls/Sky Protocol Launch Season - Token and Product Launch Parameter Proposal - September 9, 2024.md index 1310b5696..8ff48a33a 100644 --- a/governance/polls/Sky Protocol Launch Season - Token and Product Launch Parameter Proposal - September 9, 2024.md +++ b/governance/polls/Sky Protocol Launch Season - Token and Product Launch Parameter Proposal - September 9, 2024.md @@ -104,7 +104,7 @@ To learn more about Launch Season, refer to: * `vestBgn`: `block.timestamp - 7 days` * End Date is set one year after Start Date defined by duration * `vestTau`: **365 days** - * Call `distrdibute()` in VestedRewardsDistribution contract in the spell execution + * Call `distribute()` in VestedRewardsDistribution contract in the spell execution * 01 Rewards (Supply USDS to get future token rewards. More details about this will follow soon) * Setup new Keeper Network Job - VestedRewardsDistributionJob * Interval: **7 days** From 2738441ba896dec4789046d0f3d680d9ae4dd010 Mon Sep 17 00:00:00 2001 From: 0xldr <139177554+0xldr@users.noreply.github.com> Date: Mon, 9 Sep 2024 14:25:18 +0100 Subject: [PATCH 4/7] Improve outcome wording --- ... Parameter Proposal - September 9, 2024.md | 92 +++++++++---------- 1 file changed, 46 insertions(+), 46 deletions(-) diff --git a/governance/polls/Sky Protocol Launch Season - Token and Product Launch Parameter Proposal - September 9, 2024.md b/governance/polls/Sky Protocol Launch Season - Token and Product Launch Parameter Proposal - September 9, 2024.md index 8ff48a33a..e63a0d0a7 100644 --- a/governance/polls/Sky Protocol Launch Season - Token and Product Launch Parameter Proposal - September 9, 2024.md +++ b/governance/polls/Sky Protocol Launch Season - Token and Product Launch Parameter Proposal - September 9, 2024.md @@ -54,22 +54,22 @@ To learn more about Launch Season, refer to: ### Deployment Requirements Before Token and Product Launch Spell -* Tokens: - * USDS - * SKY - * sUSDS -* DAI:USDS and MKR:SKY converters -* Create USDS/SKY UniV2 pool (if this does not exist already) -* FlapperUniV2 for the Smart Burn Engine -* Splitter -* SplitterMOM -* LitePSM USDS Wrapper -* USDSJoin -* SKY DssVestMintable -* SKY VestingRewardsDistribution -* Rewards distribution cron-job -* StakingRewards (rewardsToken: SKY, stakingToken: USDS) -* StakingRewards (rewardsToken: 01, stakingToken: USDS) +* [Tokens](https://forum.makerdao.com/t/sky-protocol-launch-season-token-and-product-launch-parameter-proposal/25031#p-98784-new-tokens-4): + * USDS. + * SKY. + * sUSDS. +* DAI:USDS and MKR:SKY converters. +* Create USDS/SKY UniV2 pool (if this does not exist already). +* [FlapperUniV2 for the Smart Burn Engine](https://forum.makerdao.com/t/sky-protocol-launch-season-token-and-product-launch-parameter-proposal/25031#p-98784-flapper-9). +* [Splitter](https://forum.makerdao.com/t/sky-protocol-launch-season-token-and-product-launch-parameter-proposal/25031#p-98784-splitter-8). +* [SplitterMOM](https://forum.makerdao.com/t/sky-protocol-launch-season-token-and-product-launch-parameter-proposal/25031#p-98784-splittermom-10). +* [LitePSM USDS Wrapper](https://forum.makerdao.com/t/sky-protocol-launch-season-token-and-product-launch-parameter-proposal/25031#p-98784-litepsm-usds-wrapper-16). +* USDSJoin. +* SKY DssVestMintable. +* SKY VestingRewardsDistribution. +* [Rewards distribution cron-job](https://forum.makerdao.com/t/sky-protocol-launch-season-token-and-product-launch-parameter-proposal/25031#p-98784-keeper-jobs-for-sky-token-rewards-str-15). +* StakingRewards (rewardsToken: SKY, stakingToken: USDS). +* StakingRewards (rewardsToken: 01, stakingToken: USDS). ### Parameters @@ -79,37 +79,37 @@ To learn more about Launch Season, refer to: * [Savings USDS (sUSDS)](https://github.com/makerdao/sdai/tree/susds) * Set Sky Savings Rate to **6.25%** * Initialize token converters - * DAI <> USDS converter - * DAI to USDS conversion (both ways). The exchange rate is **1:1** - * MKR <> SKY converter - * MKR to SKY conversion with an MKR/SKY conversion rate of **1:24,000** -* USDS/SKY UniV2 Pool Migration and Smart Burn Engine Upgrade to use New Tokens - * USDS/SKY UniV2 Pool Migration - * Migrate funds from DAI/MKR UniV2 Pool to USDS/SKY UniV2 Pool + * DAI <> USDS converter. + * DAI to USDS conversion (both ways). The exchange rate is **1:1**. + * MKR <> SKY converter. + * MKR to SKY conversion with an MKR/SKY conversion rate of **1:24,000**. +* USDS/SKY UniV2 Pool Migration and Smart Burn Engine Upgrade to use New Tokens. + * USDS/SKY UniV2 Pool Migration. + * Migrate funds from DAI/MKR UniV2 Pool to USDS/SKY UniV2 Pool. * Splitter Initialization: - * `hump`: **55 million DAI** - * `bump`: **65,000 DAI** (USDS in practice) - * `burn`: **100%** (1.0 * WAD) - * `hop`: **10,249 seconds** - * Dss Flapper Initialization to Use New Tokens - * `flapper`: FlapperUniV2 - * `pip`: OracleWrapper ([0x38e8c1D443f546Dc014D7756ec63116161CB7B25](https://etherscan.io/address/0x38e8c1D443f546Dc014D7756ec63116161CB7B25)) - * `want`: **0.98 * WAD** -* Sky Token Rewards (STR) Deployment - * SKY (Supply USDS to get Sky Token Rewards in the form of SKY) - * DssVest - * Rewards Distribution Rate: **600,000,000 SKY** - * Rewards Distribution Cap: **800,000,000 SKY** - * Start Date relative to the spell cast time minus 7 days - * `vestBgn`: `block.timestamp - 7 days` - * End Date is set one year after Start Date defined by duration - * `vestTau`: **365 days** - * Call `distribute()` in VestedRewardsDistribution contract in the spell execution - * 01 Rewards (Supply USDS to get future token rewards. More details about this will follow soon) -* Setup new Keeper Network Job - VestedRewardsDistributionJob - * Interval: **7 days** -* GSM Delay - * Decrease by 14 hours, from 30 hours to **16 hours** + * `hump`: **55 million DAI**. + * `bump`: **65,000 DAI** (USDS in practice). + * `burn`: **100%** (1.0 * WAD). + * `hop`: **10,249 seconds**. + * Dss Flapper Initialization to Use New Tokens. + * `flapper`: FlapperUniV2. + * `pip`: OracleWrapper ([0x38e8c1D443f546Dc014D7756ec63116161CB7B25](https://etherscan.io/address/0x38e8c1D443f546Dc014D7756ec63116161CB7B25)). + * `want`: **0.98 * WAD**. +* Sky Token Rewards (STR) Deployment. + * SKY (Supply USDS to get Sky Token Rewards in the form of SKY). + * DssVest. + * Rewards Distribution Rate: **600,000,000 SKY**. + * Rewards Distribution Cap: **800,000,000 SKY**. + * Start Date relative to the spell cast time minus 7 days. + * `vestBgn`: `block.timestamp - 7 days`. + * End Date is set one year after Start Date defined by duration. + * `vestTau`: **365 days**. + * Call `distribute()` in VestedRewardsDistribution contract in the spell execution. + * 01 Rewards (Supply USDS to get future token rewards. More details about this will follow soon). +* Setup new Keeper Network Job - VestedRewardsDistributionJob. + * Interval: **7 days**. +* GSM Delay. + * Decrease by 14 hours, from 30 hours to **16 hours**. Please review the discussion [thread](https://forum.makerdao.com/t/sky-protocol-launch-season-token-and-product-launch-parameter-proposal/25031) to help inform your position before voting. From 1ae93d00596e7ee001282b0e2cdc0c38f087a5ae Mon Sep 17 00:00:00 2001 From: 0xldr <139177554+0xldr@users.noreply.github.com> Date: Mon, 9 Sep 2024 14:26:07 +0100 Subject: [PATCH 5/7] Revert "Improve outcome wording" This reverts commit 2738441ba896dec4789046d0f3d680d9ae4dd010. --- ... Parameter Proposal - September 9, 2024.md | 92 +++++++++---------- 1 file changed, 46 insertions(+), 46 deletions(-) diff --git a/governance/polls/Sky Protocol Launch Season - Token and Product Launch Parameter Proposal - September 9, 2024.md b/governance/polls/Sky Protocol Launch Season - Token and Product Launch Parameter Proposal - September 9, 2024.md index e63a0d0a7..8ff48a33a 100644 --- a/governance/polls/Sky Protocol Launch Season - Token and Product Launch Parameter Proposal - September 9, 2024.md +++ b/governance/polls/Sky Protocol Launch Season - Token and Product Launch Parameter Proposal - September 9, 2024.md @@ -54,22 +54,22 @@ To learn more about Launch Season, refer to: ### Deployment Requirements Before Token and Product Launch Spell -* [Tokens](https://forum.makerdao.com/t/sky-protocol-launch-season-token-and-product-launch-parameter-proposal/25031#p-98784-new-tokens-4): - * USDS. - * SKY. - * sUSDS. -* DAI:USDS and MKR:SKY converters. -* Create USDS/SKY UniV2 pool (if this does not exist already). -* [FlapperUniV2 for the Smart Burn Engine](https://forum.makerdao.com/t/sky-protocol-launch-season-token-and-product-launch-parameter-proposal/25031#p-98784-flapper-9). -* [Splitter](https://forum.makerdao.com/t/sky-protocol-launch-season-token-and-product-launch-parameter-proposal/25031#p-98784-splitter-8). -* [SplitterMOM](https://forum.makerdao.com/t/sky-protocol-launch-season-token-and-product-launch-parameter-proposal/25031#p-98784-splittermom-10). -* [LitePSM USDS Wrapper](https://forum.makerdao.com/t/sky-protocol-launch-season-token-and-product-launch-parameter-proposal/25031#p-98784-litepsm-usds-wrapper-16). -* USDSJoin. -* SKY DssVestMintable. -* SKY VestingRewardsDistribution. -* [Rewards distribution cron-job](https://forum.makerdao.com/t/sky-protocol-launch-season-token-and-product-launch-parameter-proposal/25031#p-98784-keeper-jobs-for-sky-token-rewards-str-15). -* StakingRewards (rewardsToken: SKY, stakingToken: USDS). -* StakingRewards (rewardsToken: 01, stakingToken: USDS). +* Tokens: + * USDS + * SKY + * sUSDS +* DAI:USDS and MKR:SKY converters +* Create USDS/SKY UniV2 pool (if this does not exist already) +* FlapperUniV2 for the Smart Burn Engine +* Splitter +* SplitterMOM +* LitePSM USDS Wrapper +* USDSJoin +* SKY DssVestMintable +* SKY VestingRewardsDistribution +* Rewards distribution cron-job +* StakingRewards (rewardsToken: SKY, stakingToken: USDS) +* StakingRewards (rewardsToken: 01, stakingToken: USDS) ### Parameters @@ -79,37 +79,37 @@ To learn more about Launch Season, refer to: * [Savings USDS (sUSDS)](https://github.com/makerdao/sdai/tree/susds) * Set Sky Savings Rate to **6.25%** * Initialize token converters - * DAI <> USDS converter. - * DAI to USDS conversion (both ways). The exchange rate is **1:1**. - * MKR <> SKY converter. - * MKR to SKY conversion with an MKR/SKY conversion rate of **1:24,000**. -* USDS/SKY UniV2 Pool Migration and Smart Burn Engine Upgrade to use New Tokens. - * USDS/SKY UniV2 Pool Migration. - * Migrate funds from DAI/MKR UniV2 Pool to USDS/SKY UniV2 Pool. + * DAI <> USDS converter + * DAI to USDS conversion (both ways). The exchange rate is **1:1** + * MKR <> SKY converter + * MKR to SKY conversion with an MKR/SKY conversion rate of **1:24,000** +* USDS/SKY UniV2 Pool Migration and Smart Burn Engine Upgrade to use New Tokens + * USDS/SKY UniV2 Pool Migration + * Migrate funds from DAI/MKR UniV2 Pool to USDS/SKY UniV2 Pool * Splitter Initialization: - * `hump`: **55 million DAI**. - * `bump`: **65,000 DAI** (USDS in practice). - * `burn`: **100%** (1.0 * WAD). - * `hop`: **10,249 seconds**. - * Dss Flapper Initialization to Use New Tokens. - * `flapper`: FlapperUniV2. - * `pip`: OracleWrapper ([0x38e8c1D443f546Dc014D7756ec63116161CB7B25](https://etherscan.io/address/0x38e8c1D443f546Dc014D7756ec63116161CB7B25)). - * `want`: **0.98 * WAD**. -* Sky Token Rewards (STR) Deployment. - * SKY (Supply USDS to get Sky Token Rewards in the form of SKY). - * DssVest. - * Rewards Distribution Rate: **600,000,000 SKY**. - * Rewards Distribution Cap: **800,000,000 SKY**. - * Start Date relative to the spell cast time minus 7 days. - * `vestBgn`: `block.timestamp - 7 days`. - * End Date is set one year after Start Date defined by duration. - * `vestTau`: **365 days**. - * Call `distribute()` in VestedRewardsDistribution contract in the spell execution. - * 01 Rewards (Supply USDS to get future token rewards. More details about this will follow soon). -* Setup new Keeper Network Job - VestedRewardsDistributionJob. - * Interval: **7 days**. -* GSM Delay. - * Decrease by 14 hours, from 30 hours to **16 hours**. + * `hump`: **55 million DAI** + * `bump`: **65,000 DAI** (USDS in practice) + * `burn`: **100%** (1.0 * WAD) + * `hop`: **10,249 seconds** + * Dss Flapper Initialization to Use New Tokens + * `flapper`: FlapperUniV2 + * `pip`: OracleWrapper ([0x38e8c1D443f546Dc014D7756ec63116161CB7B25](https://etherscan.io/address/0x38e8c1D443f546Dc014D7756ec63116161CB7B25)) + * `want`: **0.98 * WAD** +* Sky Token Rewards (STR) Deployment + * SKY (Supply USDS to get Sky Token Rewards in the form of SKY) + * DssVest + * Rewards Distribution Rate: **600,000,000 SKY** + * Rewards Distribution Cap: **800,000,000 SKY** + * Start Date relative to the spell cast time minus 7 days + * `vestBgn`: `block.timestamp - 7 days` + * End Date is set one year after Start Date defined by duration + * `vestTau`: **365 days** + * Call `distribute()` in VestedRewardsDistribution contract in the spell execution + * 01 Rewards (Supply USDS to get future token rewards. More details about this will follow soon) +* Setup new Keeper Network Job - VestedRewardsDistributionJob + * Interval: **7 days** +* GSM Delay + * Decrease by 14 hours, from 30 hours to **16 hours** Please review the discussion [thread](https://forum.makerdao.com/t/sky-protocol-launch-season-token-and-product-launch-parameter-proposal/25031) to help inform your position before voting. From 7c45484140e65bbf90aacd4d732867279c1023be Mon Sep 17 00:00:00 2001 From: 0xldr <139177554+0xldr@users.noreply.github.com> Date: Mon, 9 Sep 2024 14:26:36 +0100 Subject: [PATCH 6/7] Improve outcome wording --- governance/polls/Atlas v2 Upgrade - September 9, 2024.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/governance/polls/Atlas v2 Upgrade - September 9, 2024.md b/governance/polls/Atlas v2 Upgrade - September 9, 2024.md index 0b2fa19af..eb3e70a73 100644 --- a/governance/polls/Atlas v2 Upgrade - September 9, 2024.md +++ b/governance/polls/Atlas v2 Upgrade - September 9, 2024.md @@ -38,7 +38,7 @@ Please review the discussion [thread](https://forum.makerdao.com/t/atlas-v2-upgr ## Outcomes **If the votes for the 'Yes' option exceed the votes for the 'No' option then the following actions will be taken:** -* Atlas v2 will replace The Atlas defined in MIP101. +* All MIPs and legacy Atlas MIPs will be deleted and their functionality fully replaced by Atlas v2 per [MIP101.1.1](https://mips.makerdao.com/mips/details/MIP101#1-1-atlas-v2-upgrade-process). **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.** From a2fa86fbd1060c08f7bf0226671b40c5365f5d25 Mon Sep 17 00:00:00 2001 From: 0xldr <139177554+0xldr@users.noreply.github.com> Date: Mon, 9 Sep 2024 14:27:41 +0100 Subject: [PATCH 7/7] Improve list format and add informative links --- ... Parameter Proposal - September 9, 2024.md | 92 +++++++++---------- 1 file changed, 46 insertions(+), 46 deletions(-) diff --git a/governance/polls/Sky Protocol Launch Season - Token and Product Launch Parameter Proposal - September 9, 2024.md b/governance/polls/Sky Protocol Launch Season - Token and Product Launch Parameter Proposal - September 9, 2024.md index 8ff48a33a..e63a0d0a7 100644 --- a/governance/polls/Sky Protocol Launch Season - Token and Product Launch Parameter Proposal - September 9, 2024.md +++ b/governance/polls/Sky Protocol Launch Season - Token and Product Launch Parameter Proposal - September 9, 2024.md @@ -54,22 +54,22 @@ To learn more about Launch Season, refer to: ### Deployment Requirements Before Token and Product Launch Spell -* Tokens: - * USDS - * SKY - * sUSDS -* DAI:USDS and MKR:SKY converters -* Create USDS/SKY UniV2 pool (if this does not exist already) -* FlapperUniV2 for the Smart Burn Engine -* Splitter -* SplitterMOM -* LitePSM USDS Wrapper -* USDSJoin -* SKY DssVestMintable -* SKY VestingRewardsDistribution -* Rewards distribution cron-job -* StakingRewards (rewardsToken: SKY, stakingToken: USDS) -* StakingRewards (rewardsToken: 01, stakingToken: USDS) +* [Tokens](https://forum.makerdao.com/t/sky-protocol-launch-season-token-and-product-launch-parameter-proposal/25031#p-98784-new-tokens-4): + * USDS. + * SKY. + * sUSDS. +* DAI:USDS and MKR:SKY converters. +* Create USDS/SKY UniV2 pool (if this does not exist already). +* [FlapperUniV2 for the Smart Burn Engine](https://forum.makerdao.com/t/sky-protocol-launch-season-token-and-product-launch-parameter-proposal/25031#p-98784-flapper-9). +* [Splitter](https://forum.makerdao.com/t/sky-protocol-launch-season-token-and-product-launch-parameter-proposal/25031#p-98784-splitter-8). +* [SplitterMOM](https://forum.makerdao.com/t/sky-protocol-launch-season-token-and-product-launch-parameter-proposal/25031#p-98784-splittermom-10). +* [LitePSM USDS Wrapper](https://forum.makerdao.com/t/sky-protocol-launch-season-token-and-product-launch-parameter-proposal/25031#p-98784-litepsm-usds-wrapper-16). +* USDSJoin. +* SKY DssVestMintable. +* SKY VestingRewardsDistribution. +* [Rewards distribution cron-job](https://forum.makerdao.com/t/sky-protocol-launch-season-token-and-product-launch-parameter-proposal/25031#p-98784-keeper-jobs-for-sky-token-rewards-str-15). +* StakingRewards (rewardsToken: SKY, stakingToken: USDS). +* StakingRewards (rewardsToken: 01, stakingToken: USDS). ### Parameters @@ -79,37 +79,37 @@ To learn more about Launch Season, refer to: * [Savings USDS (sUSDS)](https://github.com/makerdao/sdai/tree/susds) * Set Sky Savings Rate to **6.25%** * Initialize token converters - * DAI <> USDS converter - * DAI to USDS conversion (both ways). The exchange rate is **1:1** - * MKR <> SKY converter - * MKR to SKY conversion with an MKR/SKY conversion rate of **1:24,000** -* USDS/SKY UniV2 Pool Migration and Smart Burn Engine Upgrade to use New Tokens - * USDS/SKY UniV2 Pool Migration - * Migrate funds from DAI/MKR UniV2 Pool to USDS/SKY UniV2 Pool + * DAI <> USDS converter. + * DAI to USDS conversion (both ways). The exchange rate is **1:1**. + * MKR <> SKY converter. + * MKR to SKY conversion with an MKR/SKY conversion rate of **1:24,000**. +* USDS/SKY UniV2 Pool Migration and Smart Burn Engine Upgrade to use New Tokens. + * USDS/SKY UniV2 Pool Migration. + * Migrate funds from DAI/MKR UniV2 Pool to USDS/SKY UniV2 Pool. * Splitter Initialization: - * `hump`: **55 million DAI** - * `bump`: **65,000 DAI** (USDS in practice) - * `burn`: **100%** (1.0 * WAD) - * `hop`: **10,249 seconds** - * Dss Flapper Initialization to Use New Tokens - * `flapper`: FlapperUniV2 - * `pip`: OracleWrapper ([0x38e8c1D443f546Dc014D7756ec63116161CB7B25](https://etherscan.io/address/0x38e8c1D443f546Dc014D7756ec63116161CB7B25)) - * `want`: **0.98 * WAD** -* Sky Token Rewards (STR) Deployment - * SKY (Supply USDS to get Sky Token Rewards in the form of SKY) - * DssVest - * Rewards Distribution Rate: **600,000,000 SKY** - * Rewards Distribution Cap: **800,000,000 SKY** - * Start Date relative to the spell cast time minus 7 days - * `vestBgn`: `block.timestamp - 7 days` - * End Date is set one year after Start Date defined by duration - * `vestTau`: **365 days** - * Call `distribute()` in VestedRewardsDistribution contract in the spell execution - * 01 Rewards (Supply USDS to get future token rewards. More details about this will follow soon) -* Setup new Keeper Network Job - VestedRewardsDistributionJob - * Interval: **7 days** -* GSM Delay - * Decrease by 14 hours, from 30 hours to **16 hours** + * `hump`: **55 million DAI**. + * `bump`: **65,000 DAI** (USDS in practice). + * `burn`: **100%** (1.0 * WAD). + * `hop`: **10,249 seconds**. + * Dss Flapper Initialization to Use New Tokens. + * `flapper`: FlapperUniV2. + * `pip`: OracleWrapper ([0x38e8c1D443f546Dc014D7756ec63116161CB7B25](https://etherscan.io/address/0x38e8c1D443f546Dc014D7756ec63116161CB7B25)). + * `want`: **0.98 * WAD**. +* Sky Token Rewards (STR) Deployment. + * SKY (Supply USDS to get Sky Token Rewards in the form of SKY). + * DssVest. + * Rewards Distribution Rate: **600,000,000 SKY**. + * Rewards Distribution Cap: **800,000,000 SKY**. + * Start Date relative to the spell cast time minus 7 days. + * `vestBgn`: `block.timestamp - 7 days`. + * End Date is set one year after Start Date defined by duration. + * `vestTau`: **365 days**. + * Call `distribute()` in VestedRewardsDistribution contract in the spell execution. + * 01 Rewards (Supply USDS to get future token rewards. More details about this will follow soon). +* Setup new Keeper Network Job - VestedRewardsDistributionJob. + * Interval: **7 days**. +* GSM Delay. + * Decrease by 14 hours, from 30 hours to **16 hours**. Please review the discussion [thread](https://forum.makerdao.com/t/sky-protocol-launch-season-token-and-product-launch-parameter-proposal/25031) to help inform your position before voting.