Executive Vote: Activate the Governance Delay Module, among other changes to the protocol.

Activate the Dai Debt Ceiling Adjustment, Set Dai Savings Rate Spread, Set Sai Stability Fee, Lower Surplus Auction Bid, Set Governance Delay Module

The Maker Foundation Interim Governance Facilitator has placed an Executive Vote into the voting system, which will enable the community to approve the following alterations to the protocol:

• Raise the Dai Debt Ceiling by 25 million to 150 million Dai
• Set the Dai Savings Rate Spread to 0%
• Set the Sai Stability Fee to 9.5%
• Lower the minimum Surplus Auction bid to 2%
• Set the Governance Security Module Delay to 24 hours

The Executive Vote (FAQ) will continue until the number of votes surpass the total in favor of the previous Executive Vote. This is a continuous approval vote.

The vote is now live! If you own MKR, please go and vote!

It's almost already overtaken the old executive. I suppose a silver lining of this security saga is it's gotten more people to set up their voting contracts. almost 200k MKR voting at the moment, between the two executives.