This is a signalling poll to re-consider the Debt Ceiling for wBTC. This has currently been set to $10M in the latest Executive. The poll presents options for 3M, 5M, 8M, No Change, 12M, and 15M so as to remain as neutral as possible. This poll closes on Thursday 04/07 at 12:00PM UTC.
There are some good arguments from people well-placed to understand the rick exposure of a high debt ceiling which are worth reading before casting your vote.
From many discussions across both this forum and the rocket chat, it’s clear that the community largely supports wBTC as collateral (and looks forward to other options like tBTC and renBTC once they are available/more proven). This poll is simply about setting appropriate and considered risk parameters for this exciting new addition.
On a personal note: we’re playing a long game here, folks. Rainer Maria Rilke:
“A ripening tree doesn’t force its sap, and stands confidently in the storms of spring, not afraid that afterwards summer may not come. It does come. But it comes only to those who are patient, who are there as if eternity lay before them, so unconcernedly silent and vast. I learn it every day of my life, learn it with pain I am grateful for: patience is everything.”
- 10M - No change