A new Executive Vote is live on the Maker Governance portal. 🗳️  https://t.co/YRMNTkJv26 MKR holders and delegates can use their voting power to deploy the changes listed below if they support them. If this executive proposal passes, the following actions will occur within the Maker Protocol: ⚡Spark Proxy Spell A Spark proxy spell at 0x258FD2E6b5C155aa5f3e84326A622288bd70f376 will be triggered. The expected contents are as follows: Onboard weETH to SparkLend on Mainnet If the Executive Vote passes, @ether_fi’s weETH will be onboarded to SparkLend on mainnet. The initial parameters and risk assessment are based on current market and liquidity conditions: • Loan to Value: 75% • Liquidation Threshold: 73% • Supply Cap: 5,000 weETH For the complete list of parameters, visit the Executive Vote link at the end of this post. 🚨 Disable Starknet Dai Bridge To transition from the old Starknet Dai Bridge to the new version maintained by Starkgate, deposits on the old bridge will be disabled. Withdrawals will remain possible. 💰 Launch Project Funding The following transfers will be made to the Launch Project: • 5,000,000 DAI to 0x3C5142F28567E6a0F172fd0BaaF1f2847f49D02F • 450 MKR to 0x3C5142F28567E6a0F172fd0BaaF1f2847f49D02F Funds will continue supporting the development of different areas, including Marketing and Branding, advanced language AI system, Ops tooling, Spells, Risk, SubDAO Development, Legal, Infrastructure and Stability projects. 💵 USDP Jar Housekeeping If this executive proposal passes, following the recommendation of the Governance Facilitators in collaboration with the spell team, the following operations will be performed: • Raise PSM-PAX-A Debt Ceiling to 2,000 DAI. • Call push(uint256 amt) on MCD_PSM_PAX_A_INPUT_CONDUIT_JAR with an amt of 1,159 USDP. • Call void() on MCD_PSM_PAX_A_JAR. • Set PSM-PAX-A Debt Ceiling to 0 DAI. This will have the following net results: • Debt Ceiling remains at 0 DAI after the transaction has been executed. • Dai generated from PSM_PAX_A increases by 1,159 DAI. • USDP balance of MCD_JOIN_PSM_PAX_A increases by 1,159 USDP. • USDP balance of PSM_PAX_A_INPUT_CONDUIT_JAR decreases to 0 USDP. • Surplus Buffer increases by 1,159 DAI. 💸 May 2024 Aligned Delegate Compensation If this executive proposal passes, transfers for Aligned Delegate compensation will be made to qualifying Aligned Delegates, totaling 210.81 MKR. 💸 Q2 2024 AVC Member Participation Rewards If this executive proposal passes, distributions totaling 100.08 MKR will be made for Q2 2024 AVC member compensation. This amount is pro-rated to two months due to recent amendments to The Atlas that removed the AVC Member role. This executive proposal includes an office-hours modifier that means it can only be executed between 14:00 and 21:00 UTC, Monday - Friday. MKR holders and delegates, now is the time to actively engage and shape the future direction of MakerDAO: Vote directly through the Executive Proposal: https://t.co/YRMNTkJv26 or Delegate your MKR to one or more Recognized Delegates: