MIP39c3-SP4: Offboarding the Events Core Unit (EVENTS-001)

--- tags: Summaries --- # MIP39c3-SP4: Offboarding the Events Core Unit (EVENTS-001) This a summary of this subproposal, from GovAlpha's perspective: - This subproposal aims to offboard the Events Core Unit (EVENTS-001) as part of the Endgame plan. - Upon ratification, all DAI DssVest streams will be terminated and the Facilitator will lose the mandated actor status. - A total of 182,686 DAI for the unwinding work, plus a Golden Parachute of 66,250 DAI will be granted. - If the amount of DAI in the Core Unit’s multisig wallet exceeds the Golden Parachute amount + the unwinding pervision (248,876 DAI total), it must be returned using DssBlow or will be withdrawn via the MCD_Pause_Proxy. - If the amount of DAI in the Core Unit’s multisig wallet is lower than the Golden Parachute amount + the unwinding pervision (248,876 DAI total), the following Executive Vote will distribute the difference to the Core Unit. - 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 2022-09-24*