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# System prepended metadata

title: MIP84c10-SP1 Summary
tags: [Summaries]

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tags: Summaries
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# MIP84c10-SP1 Summary

## Summary

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

* This is a proposal to increase the emulated surplus buffer upper limit to 1B Dai. 
* This would prevent the Protocol Owned Vault Emulator (POVE) described in [MIP84](https://mips.makerdao.com/mips/details/MIP84) from purchasing staked ETH assets until the surplus buffer reaches approximately 1B Dai (exact amount depends on Risk's choice of negative lower limit for the surplus buffer). 
* The motivation for this proposal comprises risk factors of investing the surplus buffer into stETH, raising the Dai Savings Rate, increasing the likelihood of MKR Flap Auctions and engineering considerations around implementing MIP84.
* This MIP is contingent on [MIP84 passing](https://vote.makerdao.com/polling/QmTmS5Nf#vote-breakdown). 
* This proposal has been assigned `High-Impact` based on the methodology listed [here](https://forum.makerdao.com/t/introducing-impact-estimations/14267).
* This proposal is eligible for the November Governance Cycle.

***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 2022-10-13*