The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the Support Facilitators. This Governance Poll will be active for three days beginning on Monday, December 30 at 16:00 UTC.

This is a binary vote.

• You may vote for a single option.
• You should vote for the option which you prefer.
• If you would accept either option, you should vote 'Abstain'.

Review

The community can vote in this poll to express support or opposition to funding a Resilience Research Project proposal which seeks to produce a legal opinion on MiCA compliance for CEX listings of USDS and Dai. The project abstract is as follows:

As MiCA (Markets in Crypto-Assets) regulation is being implemented across the EU, it is important for the Sky community to clarify the regulatory status of USDS and DAI and determine how it can be compliantly listed and offered by centralized exchanges (CEXs) and Crypto Asset Service Providers (CASPs). The project aims to obtain a legal opinion regarding the classification of USDS under MiCA and to outline the regulatory requirements for its compliant listing by CEXs.

The legal opinion will be published on the governance forum to ensure full transparency and access to the community, as well as centralized exchanges.

Please review the full application to help inform your position before voting.

Outcomes

If the votes for the 'Yes' option exceed the votes for the 'No' option then the following actions will be taken:

• Funding will be included in an upcoming Executive Vote.
• It is expected that this Executive Vote will take place within 30 days of this poll passing, absent external factors.
• If the Executive Vote passes, then funding will be distributed after the GSM Pause Delay has expired.

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.

Resources

If you are new to voting in the Sky Protocol, please see the voting guide to learn how voting works.

Additional information about the Governance process can be found in the Operational Manual.

To add current and upcoming votes to your calendar, please see the Sky Governance Calendar.