Template - [Executive Vote] Maker Teleport Technical Deployment on Starknet, Offboarded Core Units Budget Stream Housekeeping, Oracle Whitelist Addition, and SPF Funding - November 02, 2022

--- title: Template - [Executive Vote] Maker Teleport Technical Deployment on Starknet, Offboarded Core Units Budget Stream Housekeeping, Oracle Whitelist Addition, and SPF Funding - November 02, 2022 summary: Maker Teleport Technical Deployment on Starknet, Golden Parachute MKR and DAI budget transfers for EVENTS-001, SH-001, and RWF-001, yank MKR and DAI budget streams for EVENTS-001, SH-001, and RWF-001, whitelist Oasis.app on rETH/USD oracle, and BlockTower Legal and Risk Work SPF Funding. date: 2022-11-02T00:00:00.000Z address: "$spell_address" --- # [Executive Proposal] Maker Teleport Technical Deployment on Starknet, Offboarded Core Units Budget Stream Housekeeping, Oracle Whitelist Addition, and SPF Funding - November 02, 2022 The Governance Facilitator(s), the Starknet Engineering Core Unit, and the Protocol Engineering Core Unit have placed an executive proposal into the voting system. MKR Holders should vote for this proposal if they support the following alterations to the Maker Protocol. If you are new to voting in the Maker Protocol, please see the [voting guide](https://community-development.makerdao.com/en/learn/governance/how-voting-works/) to learn how voting works, and this [wallet setup guide](https://community-development.makerdao.com/en/learn/governance/voting-setup/) to set up your wallet to vote. --- ## Executive Summary If this executive proposal passes, the following **changes** will occur within the Maker Protocol: - The Maker Teleport Global [Debt Ceiling](https://manual.makerdao.com/parameter-index/vault-risk/param-debt-ceiling) will be increased, as detailed below. - A total of **210,998 DAI**, itemized below, will be transferred to two offboarded Core Units as part of their respective Golden Parachutes. - A total of **169.5 MKR**, itemized below, will be transferred to two offboarded Core Units as part of their respective Golden Parachutes. - DAI streams to three now offboarded Core Units, itemized below, will be cancelled. - The MKR stream to the now offboarded [Strategic Happiness Core Unit (SH-001)](https://mips.makerdao.com/mips/details/MIP39c2SP11) will be cancelled, as detailed below. - [Oasis.app](https://oasis.app) will be whitelisted on the rETH/USD oracle, as detailed below. - **258,000 DAI** will be transferred to the BlockTower Legal and Risk Work SPF multi-sig as a result of the successful [Special Purpose Fund (SPF) application](https://vote.makerdao.com/polling/QmcV2pMZ#vote-breakdown), as detailed below. If this executive proposal passes, the following **additions** will be made to the Maker Protocol: - The technical deployment of Maker Teleport on [Starknet](https://starkware.co/starknet/) will take place, as detailed below. **Voting for this executive proposal will place your MKR in support of the changes and additions outlined above.** Unless otherwise noted, the changes and additions listed above are subject to the [GSM Pause Delay](https://manual.makerdao.com/parameter-index/core/param-gsm-pause-delay). This means that if this executive proposal passes, the changes and additions listed above will only become active in the Maker Protocol after the GSM Pause Delay has expired. The GSM Pause Delay is currently set to **48 hours**. If this executive proposal does not pass within 30 days, then it will expire and can no longer have any effect on the Maker Protocol. --- ## Proposal Details ### Maker Teleport Technical Deployment on Starknet As per the outcome of successful Governance Polls [here](https://vote.makerdao.com/polling/QmbWkTvW) and [here](https://vote.makerdao.com/polling/QmZxRgvG), [Maker Teleport (formerly known as Maker Wormhole)](https://forum.makerdao.com/t/introducing-maker-wormhole/11550) will be deployed on [Starknet](https://starkware.co/starknet/), if this executive passes. The Maker Teleport parameters will be set as follows: * The Starknet Teleport Fee parameter will be set to **1 Basis Point**. * The [Debt Ceiling](https://manual.makerdao.com/parameter-index/vault-risk/param-debt-ceiling) will be set to **100,000 DAI**. **Note:** to ensure security of the deployment this is below the 1 million DAI limit approved by Maker Governance, this limit can be raised later, if required. Please review [MIP69](https://mips.makerdao.com/mips/details/MIP69) for details on Layer-2-to-Layer-1 Fast Withdrawals and the [discussion thread](https://forum.makerdao.com/t/request-for-poll-starknet-bridge-deposit-limit-and-starknet-teleport-fees/17187) on Starknet parameters to inform your position on this issue before voting. ### Offboarded Core Units - Cancelling DAI and MKR Streams As per multiple successful offboarding proposals (linked below), three DAI and one MKR streams will be cancelled (`yank`ed) if this executive proposal passes. When a token stream is `yank`ed, it will prevent new tokens from accruing to the recipient, but will still allow the recipient access to tokens that have already accrued. * **DAI Stream #4** going to the [Events Core Unit (EVENTS-001)](https://mips.makerdao.com/mips/details/MIP39c2SP32) will be cancelled as a result of a successful [offboarding proposal](https://mips.makerdao.com/mips/details/MIP39c3SP4). * **DAI Stream #5** going to the [Strategic Happiness Core Unit (SH-001)](https://mips.makerdao.com/mips/details/MIP39c2SP11) will be cancelled as a result of a successful [offboarding proposal](https://mips.makerdao.com/mips/details/MIP39c3SP3). * **DAI Stream #35** going to the [Real-World Finance Core Unit (RWF-001)](https://mips.makerdao.com/mips/details/MIP39c2SP1) will be cancelled as a result of a successful [offboarding proposal](https://mips.makerdao.com/mips/details/MIP39c3SP5). * **MKR Stream #23** going to the [Strategic Happiness Core Unit (SH-001)](https://mips.makerdao.com/mips/details/MIP39c2SP11) will be cancelled as a result of a successful [offboarding proposal](https://mips.makerdao.com/mips/details/MIP39c3SP3). Please review [MIP39](https://mips.makerdao.com/mips/details/MIP39) for details on offboarding Core Units, the forum thread discussing the [next steps](https://forum.makerdao.com/t/executive-vote-cu-offboarding-next-steps/18522), and the forum threads discussing the [offboarding of the Events Core Unit](https://forum.makerdao.com/t/mip39c3-sp4-offboarding-the-events-core-unit-events-001/17755), the [offboarding of the Strategic Happiness Core Unit](https://forum.makerdao.com/t/mip39c3-sp3-offboarding-the-strategic-happiness-core-unit-sh-001/17754), and the [offboarding of the Real-World Finance Core Unit](https://forum.makerdao.com/t/mip39c3-sp5-offboarding-the-real-world-finance-core-unit-rwf-001/17753) to inform your position on this issue before voting. ### Offboarded Core Units - DAI and MKR Golden Parachute Budget Transfers As per multiple successful offboarding proposals (linked below), a total of **210,998 DAI** and **169.5 MKR** will be transferred to multiple offboarded Core Units as part of their respective Golden Parachutes if this executive proposal passes. * **167,666 DAI** will be transferred to the [Events Core Unit (EVENTS-001)](https://mips.makerdao.com/mips/details/MIP39c2SP32) at [0x3D274fbAc29C92D2F624483495C0113B44dBE7d2](https://etherscan.io/address/0x3D274fbAc29C92D2F624483495C0113B44dBE7d2) as a result of a successful [offboarding proposal](https://mips.makerdao.com/mips/details/MIP39c3SP4). * **43,332 DAI** will be transferred to the [Strategic Happiness Core Unit (SH-001)](https://mips.makerdao.com/mips/details/MIP39c2SP11) at [0xc657aC882Fb2D6CcF521801da39e910F8519508d](https://etherscan.io/address/0xc657aC882Fb2D6CcF521801da39e910F8519508d) as a result of a successful [offboarding proposal](https://mips.makerdao.com/mips/details/MIP39c3SP3). * **26.04 MKR** will be transferred to the [Strategic Happiness Core Unit (SH-001)](https://mips.makerdao.com/mips/details/MIP39c2SP11) at [0xc657aC882Fb2D6CcF521801da39e910F8519508d](https://etherscan.io/address/0xc657aC882Fb2D6CcF521801da39e910F8519508d) as a result of a successful [offboarding proposal](https://mips.makerdao.com/mips/details/MIP39c3SP3). * **143.46 MKR** will be transferred to the [Real-World Finance Core Unit (RWF-001)](https://mips.makerdao.com/mips/details/MIP39c2SP1) auditor wallet at [0xD1505ee500791490DE8642353BA6A5b92e3550F7](https://etherscan.io/address/0xD1505ee500791490DE8642353BA6A5b92e3550F7) as a result of a successful [offboarding proposal](https://mips.makerdao.com/mips/details/MIP39c3SP5). Please review [MIP39](https://mips.makerdao.com/mips/details/MIP39) for details on offboarding Core Units, the forum thread discussing the [next steps](https://forum.makerdao.com/t/executive-vote-cu-offboarding-next-steps/18522), and the forum threads discussing the [offboarding of the Events Core Unit](https://forum.makerdao.com/t/mip39c3-sp4-offboarding-the-events-core-unit-events-001/17755), the [offboarding of the Strategic Happiness Core Unit](https://forum.makerdao.com/t/mip39c3-sp3-offboarding-the-strategic-happiness-core-unit-sh-001/17754), and the [offboarding of the Real-World Finance Core Unit](https://forum.makerdao.com/t/mip39c3-sp5-offboarding-the-real-world-finance-core-unit-rwf-001/17753) to inform your position on this issue before voting. ### Oasis.app Whitelist As per the outcome of this [governance poll](https://vote.makerdao.com/polling/QmZzFPFs#vote-breakdown), [Oasis.app](https://oasis.app/) will be whitelisted on the following OSM Oracle if this executive proposal passes: * rETH/USD Please review [MIP10](https://mips.makerdao.com/mips/details/MIP10) and the [forum thread](https://forum.makerdao.com/t/mip10c9-sp31-proposal-to-whitelist-oasis-app-on-rethusd-oracle/18195) to inform your position on this issue before voting. ### BlockTower Legal and Risk Work SPF As per this [Governance Poll](https://vote.makerdao.com/polling/QmcV2pMZ), **258,000 DAI** will be transferred to [0x117786ad59BC2f13cf25B2359eAa521acB0aDCD9](https://etherscan.io/address/0x117786ad59BC2f13cf25B2359eAa521acB0aDCD9) to support legal and risk work related to the onboarding of BlockTower Credit as a RWA Arranger, if this executive proposal passes. Please review the [discussion thread](https://forum.makerdao.com/t/mip55c3-sp9-legal-and-commercial-risk-domain-work-on-greenlit-collateral-blocktower-credit-rwa-arranger-spf/17776) to inform your position on this issue before voting. ## Review Community debate on these topics can be found on the MakerDAO [Governance forum](https://forum.makerdao.com/). Please review any linked threads to inform your position before voting. Additionally, these changes may have been discussed further in recent Governance calls. [Video](https://www.youtube.com/playlist?list=PLLzkWCj8ywWNq5-90-Id6VPSsrk4OWVan) for these calls is available to review. --- ## Resources Additional information about the Governance process can be found in the [Governance](https://community-development.makerdao.com/en/learn/governance) section of the MakerDAO community portal. To participate in future Governance calls, please [join us](https://github.com/makerdao/community/tree/master/governance/governance-and-risk-meetings) every Thursday at 17:00 UTC. To add current and upcoming votes to your calendar, please see the [MakerDAO Public Events Calendar](https://calendar.google.com/calendar/embed?src=makerdao.com_3efhm2ghipksegl009ktniomdk%40group.calendar.google.com&ctz=UTC&mode=week&showCalendars=0&showPrint=0).