MKR holders can now vote at http://vote.makerdao.com More info:https://blog.makerdao.com/executive-vote-april-17-2020/ …
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I feel like we understand the interest rate dynamics enough that maybe we could automate this process of raising and lowering rates. Seems like our response time is too slow
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I used to think the same thing, and I am still a fan of automation of this process; however, the systems impacts of rate changes are extremely laggy. Tune them too often and one is certain to over correct. So, I agree with automation, but not because governance is too laggy.
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Is Maker a failing experiment? :(
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What happened to the other vote to raise the dai stability fee to 1%?
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Lower the USDC Stability Fee to 8%
Raise the Sai Stability Fee to 8.5%
