Due to the on-going liquidity situation and Dai price instability, we need to make a quick decision on risk parameters such that the executive can go on-chain as quickly as possible. We are targeting getting th…
RT @DefiantNews: MKR holders voting to add USDC as collateral, in addition to ETH and BAT.
This will allow traders to take out Dai loans against USDC. The goal is to increase Dai liquidity so that:
1) liquidators can buy collateral backing underwater loans
2) the Dai peg moves back to $1 https://t.co/tcWpZf3VWB