- Sequential Process for SCD Shutdown
- Signal Thread: SCD Shutdown
- Poll: Should we initiate the shutdown of the SCD system through an executive vote on April 24th, 2020?
The vote to initiate shutdown of SCD on April 24th, 2020 concluded on Monday, April 6th with 61.54% voting in favor of the proposal.
The purpose of this signal request is to gather sentiment on an appropriate grace period between the time the SCD shutdown spell is scheduled and the time the system is irreversibly shutdown (in Maker parlance, “caged.”)
In referring to the Sequential Process for SCD Shutdown, Step A Executive Spell 1 was completed when the SAI debt ceiling was set to 0 in MCD via this spell. The options suggested below are the times between the successful scheduling of Step B Executive Spell 2 and the action of calling cage on the SCD system. As of calling cage, Step C begins and Sai owners can claim their collateral. Step D cannot begin until the post-cage cooldown period has ended.
Such a grace period should take into account the greater timeline highlighted above, as well as the needs and timeframes of all stakeholders and integration partners. Should you feel a longer time is warranted, please select “Other” and provide your rationale in the thread.
6 pm CET / 4pm UCT on:
- Friday, May 1st
- Friday, May 8th
- Friday, May 15th
- Friday, May 22nd
Thank you for your attention. Following feedback I have updated poll parameters and created a new poll below in the comments