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# MIP102c2-SP35: MIP Amendment Subproposal | ||
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## Preamble | ||
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``` | ||
MIP102c2-SP#: 35 | ||
MIP to be amended: MIP107 | ||
Author(s): @billybob | ||
Contributors: @opensky | ||
General Edit or Article 1 Edit: General Edit | ||
Tags: | ||
Status: Formal Submission | ||
Date Proposed: <2024-06-02> | ||
Date Ratified: <yyyy-mm-dd> | ||
Forum URL: https://forum.makerdao.com/t/mip102c2-sp8-mip-amendment-subproposals/20761 | ||
Ratification Poll URL: | ||
``` | ||
## Specification | ||
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> - This MIP102c2 Subproposal does not seek to amend Article 1 of a Scope Bounded Mutable Alignment Artifact. It is thus considered a General Edit. An MIP102c2 General Edit cannot modify Article 1 elements. | ||
### Motivation | ||
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- This subproposal will amend MIP107 Section 8.1, to include a strategy for the specifications of recoveries | ||
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### Amended MIPs and Components | ||
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- MIP 107 section 8 | ||
- * 8.1: Stablecoin Recovery | ||
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### MODIFICATIONS TO BE IMPLEMENTED | ||
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> ### 8.1: Stablecoin Recovery | ||
> | ||
> #### 8.1.1 | ||
> | ||
> The strategy for returns should be based upon these factors: | ||
> | ||
> * The minimum amount of DAI/NewStable to be eligible is 1000. This is a spam protection and would help to make the solution long-term cost efficient. | ||
> * A 7.5% fee for a successful return. This fee goes towards the technical development and to compensate MakerDAO for user mistakes. | ||
> * Returns should be carried out at the beginning of each quarter. | ||
> * Protocol Facilitators should determine a list of contracts and addresses that are eligibile for stuck DAI/NewStable return requests. Additions to this list can require a governance poll (tbd). | ||
> * Claimed DAI/NewStable will only be returned to the address where the transaction originated. | ||
### Amendment Pull Request | ||
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https://github.com/makerdao/mips/pull/1109 |