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# System prepended metadata

title: 'MIP39c3-SP4: Offboarding the Events Core Unit (EVENTS-001)'
tags: [Summaries]

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tags: Summaries
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# 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the Golden Parachute amount + the unwinding pervision (248,876 DAI total), it must be returned using DssBlow or will be withdrawn via the MCD_Pause_Proxy.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*