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Do Kwon

@stablekwon

Got it. I should shoot for 6. 🤝

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Maker

@MakerDAO

· Mar 31

There are currently 5.1 billion USDC and 499 million USDP in the PSM as reserves for Dai’s liquidity. Dai peg

You can swap Dai for 1 US dollar at any time.

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4:21 PM · Apr 4, 2022Twitter Web App

Replying to

Joking by the way. On a side note, one should never care about 1) things that don't matter and 2) things one cannot change If MakerDao doesn't believe DAI stability is at risk (I agree with them) 1) applies and they should just not care

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Do Kwon

@stablekwon

Apr 4

4pool goal is definitely not to destabilize dai - it is to make it less relevant, for which tbh it needed none of my help And missing the boat on utility while overallocating on collateralization is why Maker got to where they are in the first place