## [Governance Poll] Stability Fee Adjustment Poll
The Maker Foundation Interim Risk Team has placed a Governance Poll into the [voting system](https://vote.makerdao.com/polling) which presents a number of possible Dai Stability Fee adjustment options. Voters are now able to signal their support for one of the following Stability Fee changes: -4%, -3%, -2%, -1%, 0%, +1%, +2%, +3%, or +4%.
This Governance Poll ([FAQ](https://makerdao.com/en/faq/voting#what-is-governance-voting)) will be active for three days beginning on Monday, May 13 at 4 PM UTC, the results of which will inform an Executive Vote ([FAQ](https://makerdao.com/en/faq/voting#what-is-executive-voting)) which will go live on Friday, May 17, at 4 PM UTC.
The need to change the Stability Fee was discussed in the Governance call on Thursday, May 9. Please review the [Video](https://www.youtube.com/playlist?list=PLLzkWCj8ywWNq5-90-Id6VPSsrk4OWVan), [Audio](https://soundcloud.com/makerdao/sets/governance-and-risk), [Transcript](https://github.com/makerdao/community/tree/master/governance/transcripts) and the online [discussion](https://www.reddit.com/r/mkrgov/) to inform your position before voting.
Key factors under consideration for altering the Stability Fee are:
* Exchange price persists below $1
* Moderate inventory levels among market makers and prop desks
* Little attributable impact from the previous Stability Fee increases
**Vote for this proposal to signal your support to increase the Stability Fee by [X]% bringing it to [Y]% per year.**
## Next Steps
* On the Friday following the conclusion of the poll, there will be an Executive Vote asking MKR token holders if they support or reject the change proposed by this Governance Poll.
* **This weekly cycle of Polling and Voting will continue until the community believes that stability has returned to the peg.**
Additional information about the Governance process can be found in the [Governance Risk Framework: Governing MakerDAO](https://medium.com/makerdao/makerdao-governance-risk-framework-part-3-7a4c620f4077)
Demos, help and instructional material for the Governance Dashboard can be found at [Awesome MakerDAO](https://github.com/makerdao/awesome-makerdao#voting).
To participate in future Governance calls, please [join us](https://www.reddit.com/r/MakerDAO/comments/8xvsiy/new_weekly_meetings_schedule/) every Thursday at 16:00 UTC.
To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=America%2FLos_Angeles).