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# System prepended metadata

title: 'MIP4c2-SP32: Remove MIP14c4 (Protocol DAI Transfer Ceiling)'
tags: [Summaries]

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tags: Summaries
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# MIP4c2-SP32: Remove MIP14c4 (Protocol DAI Transfer Ceiling)

This is a summary of the contents of this subproposal and its impact, from GovAlpha's perspective:

- This is a valid [MIP4c2: Amendment Process for MIPs Older than 3 Months)](https://mips.makerdao.com/mips/details/MIP4#MIP4c2) subproposal.
- This subproposal amends [MIP14: Protocol DAI Transfer](https://mips.makerdao.com/mips/details/MIP14). It specifically removes the component [c4 (Protocol DAI Transfer Ceiling)](https://mips.makerdao.com/mips/details/MIP14#MIP14c4).
- Alongside [MIP40: Budget Framework](https://mips.makerdao.com/mips/details/MIP40) and [MIP55: Special Purpuse Fund](https://mips.makerdao.com/mips/details/MIP55), MIP14 is one of the ratified mechanisms to transfer Dai out of the protocol. Out of the three, MIP14 is the most generic one and has no restrictions as to how it may be used.
- MIP14c4 sets a limit on how much Dai can be transferred out of the protocol cumulatively (i.e., the tally is kept across every use of MIP14).
- The author anticipates the MIP14 generic mechanism being put to use frequently enough during the transition towards the Endgame that it will become a hindrance to swift governance.
- If this subproposal is ratified, c4 will be removed from MIP14.
- This proposal has been assigned `Medium-Impact` based on the methodology listed [here](https://forum.makerdao.com/t/introducing-impact-estimations/14267).

***Disclaimer: These summaries are intended to be a guide and not a source of truth. You remain responsible for any actions you take on the grounds of this information. Please note the date when the summary was last updated to judge accuracy.***

*Updated 2022-12-26*