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mStablemStableby0x908DB31Ce01DC42c8B712f9156E969bc65023119mzeronine.eth

MCCP 22: Disable underutilized dials

Voting ended over 3 years agoSucceeded

It is proposed to disable the first batch of underutilized dials in the Emissions Controller as launched with MIP 24 in order to avoid dust amounts of MTA, make the Emissions Controller calculation more efficient and less gas-intensive and focus on emissions towards revenue-generating products.

The following dials are proposed to be disabled in the Emissions Controller (0xBa69e6FC7Df49a3b75b565068Fb91ff2d9d91780) on Ethereum Mainnet:

Screenshot 2022-06-06 at 08.10.52.png

For each of the dials to be disabled the following function will be called from the ProtocolDAO multisig:

Emissions Controller (0xBa69e6FC7Df49a3b75b565068Fb91ff2d9d91780):

  • updateDial(uint256 _dialId, bool _disabled, bool _notify)
    • _dialId = See table in specifications
    • _disabled = true Changing the flag to diasbled the dial
    • _notify = get the current value of the flag, set to the same value

Links

  • RFC: Procedure with underutilised Dials in the Emissions Controller
  • Proposal: MCCP 22: Disable underutilized dials
  • Discussion: MCCP 22: Disable underutilized dials

Should the first batch of underutilized dials in the Emissions Controller be disabled as proposed in MCCP 22?

Off-Chain Vote

For
3.8M vMTA99.8%
Against
9.35K vMTA0.2%
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Timeline

Jun 06, 2022Proposal created
Jun 06, 2022Proposal vote started
Jun 09, 2022Proposal vote ended
Oct 26, 2023Proposal updated