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Poll drafts March 17 (#2863)
* Create Smart Burn Engine Parameter Update - March 17, 2025.md * Create Migrate ETH and WSTETH Oracles - March 17, 2025.md * Apply suggestions from code review Co-authored-by: blimpa <72349134+blimpa@users.noreply.github.com> * Update and rename Migrate ETH and WSTETH Oracles - March 17, 2025.md to Migrate ETH and wstETH Oracles - March 17, 2025.md WSTETH -> wstETH * Update governance/polls/Smart Burn Engine Parameter Update - March 17, 2025.md Co-authored-by: VoteWizard <139255802+VoteWizard@users.noreply.github.com> --------- Co-authored-by: 0xldr <139177554+0xldr@users.noreply.github.com> Co-authored-by: blimpa <72349134+blimpa@users.noreply.github.com> Co-authored-by: VoteWizard <139255802+VoteWizard@users.noreply.github.com>
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---
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title: Migrate ETH and wstETH Oracles - March 17, 2025
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summary: Signal your support or opposition to migrating ETH and wstETH oracles from the current Median-based design to Chronicle’s new Scribe-based design.
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discussion_link: https://forum.sky.money/t/march-20-2025-final-native-vault-engine-oracle-migration-proposal-eth-steth/26110
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parameters:
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input_format: single-choice
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victory_conditions:
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- { type : plurality }
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result_display: single-vote-breakdown
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version: v2.0.0
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options:
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0: Abstain
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1: Yes
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2: No
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start_date: 2025-03-17T16:00:00
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end_date: 2025-03-20T16:00:00
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---
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# Poll: Migrate ETH and wstETH Oracles - March 17, 2025
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The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the Stability Facilitators. This Governance [Poll](https://sky-atlas.powerhouse.io/#A.1.9.1_Operational_Weekly_Cycle-b189fa17-57a9-4d4e-9780-0ce4efd94211%7C0db30308) will be active for three days beginning on Monday, March 17 at 16:00 UTC.
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**This is a binary vote.**
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- **You may vote for a single option.**
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- **You should vote for the option which you prefer.**
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- **If you would accept either option, you should vote 'Abstain'.**
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## Review
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The community can vote in this poll to express support or opposition to the following oracle changes as part of the migration process defined in [A.3.7.1.1.4, Oracles](https://sky-atlas.powerhouse.io/A.3.7.1.1.4_Oracles/c317d8c1-5706-4632-90a3-442b5f3d9000%7C57eaf45219bea3b4):
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- Update the ETH oracle source to [0x46ef0071b1E2fF6B42d36e5A177EA43Ae5917f4E](https://etherscan.io/address/0x46ef0071b1E2fF6B42d36e5A177EA43Ae5917f4E).
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- Update the wstETH oracle source to [0xA770582353b573CbfdCC948751750EeB3Ccf23CF](https://etherscan.io/address/0xA770582353b573CbfdCC948751750EeB3Ccf23CF).
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Performance benchmarking analysis for Chronicle’s new Scribe-based design can be found [here](https://forum.sky.money/t/chronicle-s-oracle-benchmark-for-btc-usd-eth-usd-and-steth-usd/26109).
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More information on the Oracle Migration can be found in the [Technical Scope](https://forum.sky.money/t/technical-scope-of-the-eth-and-wsteth-oracles-migration/26128). Please review the discussion [thread](https://forum.sky.money/t/march-20-2025-final-native-vault-engine-oracle-migration-proposal-eth-steth/26110) to help inform your position before voting.
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## Outcomes
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**If the votes for the 'Yes' option exceed the votes for the 'No' option then the following actions will be taken:**
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- This change will be included in an upcoming Executive Vote.
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- It is expected that this Executive Vote will take place within 30 days of this poll passing, absent external factors.
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- If the Executive Vote passes, then these changes will become active in the Sky Protocol after the [GSM Pause Delay](https://sky-atlas.powerhouse.io/A.1.9.2.1_Pause_Delay/a98b8227-95f6-4711-9d8d-f52cbc6ad2d0%7C0db30758e055) has expired.
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**If the votes for the 'No' option equal or exceed the votes for the 'Yes' option then no further action will be taken at this time.**
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---
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## Resources
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If you are new to voting in the Sky Protocol, please see the [voting guide](https://manual.makerdao.com/governance/voting-in-makerdao/on-chain-governance) to learn how voting works.
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Additional information about the Governance process can be found in the [Operational Manual](https://manual.makerdao.com).
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To add current and upcoming votes to your calendar, please see the [Governance Calendar](https://manual.makerdao.com/makerdao/calendars/governance-calendar).
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title: Smart Burn Engine Parameter Update - March 17, 2025
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summary: Signal your support or opposition to decreasing the hop parameter.
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discussion_link: https://forum.sky.money/t/smart-burn-engine-parameter-update-march-20-spell/26130
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parameters:
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input_format: single-choice
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victory_conditions:
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- { type : plurality }
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result_display: single-vote-breakdown
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version: v2.0.0
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options:
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0: Abstain
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1: Yes
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2: No
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start_date: 2025-03-17T16:00:00
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end_date: 2025-03-20T16:00:00
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---
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# Poll: Smart Burn Engine Parameter Update - March 17, 2025
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The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the Stability Facilitators. This Governance [Poll](https://sky-atlas.powerhouse.io/#A.1.9.1_Operational_Weekly_Cycle-b189fa17-57a9-4d4e-9780-0ce4efd94211%7C0db30308) will be active for three days beginning on Monday, March 17 at 16:00 UTC.
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**This is a binary vote.**
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- **You may vote for a single option.**
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- **You should vote for the option which you prefer.**
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- **If you would accept either option, you should vote 'Abstain'.**
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## Review
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The community can vote in this poll to express support or opposition to the following changes to the [Smart Burn Engine](https://sky-atlas.powerhouse.io/A.3.6_Surplus_Buffer_and_Smart_Burn_Engine/c58d38dc-4b17-4c0a-a1df-546a06612c54%7C57ea):
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- Decrease `hop` by 432 seconds, from 2,160 seconds to **1,728 seconds**.
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Please review the discussion [thread](https://forum.sky.money/t/smart-burn-engine-parameter-update-march-20-spell/26130) to help inform your position before voting.
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## Outcomes
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**If the votes for the 'Yes' option exceed the votes for the 'No' option then the following actions will be taken:**
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- This change will be included in an upcoming Executive Vote.
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- It is expected that this Executive Vote will take place within 30 days of this poll passing, absent external factors.
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- If the Executive Vote passes, then these changes will become active in the Sky Protocol after the [GSM Pause Delay](https://sky-atlas.powerhouse.io/A.1.9.2.1_Pause_Delay/a98b8227-95f6-4711-9d8d-f52cbc6ad2d0%7C0db30758e055) has expired.
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**If the votes for the 'No' option equal or exceed the votes for the 'Yes' option then no further action will be taken at this time.**
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---
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## Resources
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If you are new to voting in the Sky Protocol, please see the [voting guide](https://manual.makerdao.com/governance/voting-in-makerdao/on-chain-governance) to learn how voting works.
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Additional information about the Governance process can be found in the [Operational Manual](https://manual.makerdao.com).
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To add current and upcoming votes to your calendar, please see the [Governance Calendar](https://manual.makerdao.com/makerdao/calendars/governance-calendar).

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