Governance Security Module vote failure

Since the vote to add a 24 hour delay to the Governance Security Module failed, is there a timeline for when MakerDAO will put it up for a vote again? If not, does MakerDAO intend to allow the vulnerability it fixes to remain exploitable?


There is not a timeline currently.

I don’t believe the vulnerability will remain exploitable though. It was always planned to activate the GSM at some point.

Part of the problem is that it’s difficult to judge the intention of MKR Token Holders with respect to that executive. The fact that it didn’t pass could indicate either:

  • MKR Token Holders do not think that activating the GSM at this time is a good idea.
  • MKR Token Holders were not paying attention to the executive vote and did not move their MKR from the previous executive to the GSM activation.
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