Hello everybody,
The current Rates Working Group wants to form themselves as a Parameter Proposal Group as outlined in MIP46.
Objectives
Sustainably growing the DAI supply while minimizing risk and keeping peg stability.
Scope
We want to cover the following parameters
- Line, gap, ttl for DC-IAM-based vault-types
- Debt ceiling for other vault-types
- Stability Fee for all vault-types
- Dai Savings Rate
Identity
PPG-OMC-001
Informal name: MakerDAO Open Market Committee
Members and Conflicts of Interest
Conflicts of Interests as stated by each individual by their own judgement. In case something is changing it will be updated in this thread.
- @Primoz - Dai user
- @LongForWisdom - Dai user, occasional vault user.
- @Monet-supply - Dai user, vote delegate for UNI, COMP, and AAVE governance, reviewer for Uniswap and Compound grants committees, employee for Tally
- @SebVentures - Dai user, vault user (different ones over time)
- @hexonaut - Dai user, sometimes vault user (not currently)
- @Akiva - Dai user, Vault user (different ones over time). Has a startup selling DSR hedging products to Vault and Dai users.
- @ultraschuppi - Dai user, vault user (different ones over time)
Consistency and Reactive
We are going to meet at least once a month and publish a proposal on changes on the covered parameters. In case urgent changes are necessary, we will do that as well.