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It's time Maker adopts the revolutionary new ideas in the space instead of waiting to be usurped. I'll be submitting MIP42069 soon: Burn a bunch of MKR and mint DAI at the same market price because for some reason that matters.

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Do Kwon

@stablekwon

· Nov 20, 2021

1/ For the extremely impatient lunatics on my timeline, a digestible explanation as to why the Luna burn is value additive to @terra_money (hint: it's not increasing UST marketcap): twitter.com/FantasSstix/st…

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Do Kwon

@stablekwon

Replying to

@hexonaut

Yeah but that wouldnt be very much dai

3:27 PM · Nov 20, 2021Twitter for iPhone

Replying to

Yeah true. You've got us there...

hexonaut.eth

@hexonaut

Nov 20, 2021

Hold on.. brainstorm! What if I write a times ten in the DAI mint? Smart contracts do multiplication, right? If my calculations are correct we can get ten times the amount of DAI per MKR burned. All taking market price of MKR into account of course so it all adds up.