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# System prepended metadata

title: 'MIP4c2-SP23: MIP50 Direct Deposit Module Amendment'
tags: [Summaries]

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tags: Summaries
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# MIP4c2-SP23: MIP50 Direct Deposit Module Amendment

This is a summary of the governance impact of ratifying this amendment from GovAlpha's perspective:

- MIP4c2-SP23 amends [MIP50 - Dai Direct Deposit Module (D3M)](https://mips.makerdao.com/mips/details/MIP50)
- The D3M was initially conceived to be used  specifically by lending protocols. This amendment broadens the D3M to external protocols that allow users to deposit / withdraw DAI.
- The targeting mechanism was amended to make it more flexible. Details that were restrictive were removed.
- MIP50c1 was amended to describe the three components that make up the D3M: 
    - D3MHub: the primary manager component 
    - D3MPool: an adapter that withdraws/deposits Dai on the external protocol following D3MHub instructions  
    - D3MPlan: it determines the target debt and communicates it to the D3MHub so that action is taken to reach this target debt as soon as possible.
- This amendment does not include an onboarding component. Protocols wishing to utilize the D3M will continue to be directed to the [established collateral onboarding process](https://mips.makerdao.com/mips/details/MIP6).
- This amendment has been assigned `Medium-Impact` based on the methodology listed [here](https://forum.makerdao.com/t/introducing-impact-estimations/14267).
