--- tags: Summaries --- # MIP40c3-SP92: Modify Risk Core Unit Budget (RISK-001) This post summarizes the main points of this subproposal from GovAlpha's perspective: - This MIP40c3 subproposal renews the budget for the Risk Core Unit (RISK-001). - The proposed budget will run from 2023-01-03- until 2023-02-29. - This proposal is eligible to enter the March Governance Cycle as per [MIP51](https://mips.makerdao.com/mips/details/MIP51#governance-cycle-overview) and a valid [MIP40c3](https://mips.makerdao.com/mips/details/MIP40#MIP40c3) subproposal. - Two budget options will be submitted on-chain along with the _Reject Budget_ and _Abstain_ options: - Existing Budget: 2,760,000 DAI (Same as previous budget) - Reduced budget: 2,484,000 DAI (-10% compared to previous budget) - This proposal has been assigned `High-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 2023-02-14*