MIP14c2-SP1: Requesting Protocol DAI Transfer to fund TechOps CU for February 2023

--- tags: Summaries --- # MIP14c2-SP1: Requesting Protocol DAI Transfer to fund TechOps CU for February 2023 This is a summary of the contents of this subproposal and its impact, from GovAlpha's perspective: - This is a valid subproposal to request a DAI transfer from the Maker Protocol to a target Ethereum address, as defined in [MIP14: Protocol DAI Transfer](https://mips.makerdao.com/mips/details/MIP14). - So far, all MIP14 requests combined do not exceed the [MIP14c4: Protocol DAI Transfer Ceiling](https://mips.makerdao.com/mips/details/MIP14#MIP14c4), which is currently set to 250,000 DAI. Therefore, this proposal is eligible. - The [last TECH-001's budget subproposal](https://mips.makerdao.com/mips/details/MIP40c3SP86) was not approved by Governance. Until a [new budget](https://forum.makerdao.com/t/mip40c3-sp88-techops-core-unit-dai-budget/19017/3) can be submitted and voted on in March 2023, this request asks for 138,894 DAI to fund TECH-001's continuity work for the month of February. A second request to cover for the expenses of the month of March will be submitted. - As per [MIP14c2](https://mips.makerdao.com/mips/details/MIP14#MIP14c2), transfer requests that exceed 100,000 DAI must fulfill a twelve-week Feedback Period and a four-week Frozen Period. However, as per [MIP2c2: Interim Phase 2] (https://mips.makerdao.com/mips/details/MIP2#MIP2c2) both periods can last one month unless otherwise noted as shorter. - If this subproposal is ratified, 138,894 DAI will be transferred to the specified [MIP47-compliant](https://mips.makerdao.com/mips/details/MIP47) multisig wallet through the earliest executive vote. - 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*