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Huh? Didn’t you JUST switch from 4 to 6 now change back? Feeling uneasy like “bait and switch” Flood DSR reserve then switch back knowing its not likely folks will move their money. What’s up?
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Um... have you guys tried 5%... instead of you know... repeating the 4% that had to be changed in the first place? How about even 4.5%?
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The net cost is still zero. So why would these new rates change the peg?
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We are already at the peg, this move is unnecessary and way too much. 5% would be sane but 6 was just fine. Makerdao is becoming unreliable. Don't forget there is usdc and other stablecoins who don't act that erratic
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Is there anyone doing cliff notes or minutes of the calls so that people who don't have time to listen to 2 hour long calls can get the low down before they vote?
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Lower the Dai Savings Rate from 6% to 4%
4% SF and DSR is just too low in the current environment.