DAI’s instability in recent days suggests the “stability fee” is a misnomer - it simply doesn’t appear to be achieving stability. Might as well drop it back to 0.5% to entice more CDPs.
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Agree. I have a feeling that it will be like with taxes. Lower tax boosts economy. Current model just doesn't work to peg it back to 1 USD. 20% doesn't do shit, make it 1% then.
End of conversation
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