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blimpa review
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VoteWizard authored Feb 26, 2024
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Expand Up @@ -28,9 +28,9 @@ The Governance Facilitators have placed a Governance Poll into the voting system

The community can vote in this poll to express support or opposition to the following Smart Burn Engine (SBE) change:

- Increase The [Rate Of MKR Accumulation](https://mips.makerdao.com/mips/details/MIP104#9-1-2a) by 20M DAI per year from 60M DAI per year to **80M DAI per year**.
- Increase The [Rate Of MKR Accumulation](https://mips.makerdao.com/mips/details/MIP104#9-1-2a) by 20 Million DAI per year from 60 Million DAI per year to **80 Million DAI per year**.

To implement this change, the following Smart Burn Engine (SBE) parameter will be adjusted:
To implement this change, the following SBE parameter will be adjusted:

- Decrease the [`hop` parameter](https://mips.makerdao.com/mips/details/MIP104#9-1-3-1a) 6,570 seconds from 26,280 seconds to **19,710 seconds**.

Expand All @@ -43,6 +43,7 @@ Please review the discussion [thread](https://forum.makerdao.com/t/smart-burn-en
* This change 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 has expired.
* MIP104 will be edited accordingly.

**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.**

Expand All @@ -54,4 +55,4 @@ If you are new to voting in the Maker Protocol, please see the [voting guide](ht

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).
To add current and upcoming votes to your calendar, please see the [MakerDAO Governance Calendar](https://manual.makerdao.com/makerdao/calendars/governance-calendar).

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