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Do Kwon

@stablekwon

Apr 4

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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866

ETHernaut

@ETHmini

Apr 4

Why the hate against DAI Kwon, why not let them be?

Do Kwon

@stablekwon

Replying to

@ETHmini

Joking:

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Do Kwon

@stablekwon

· Apr 4

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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4:24 PM · Apr 4, 2022Twitter Web App

Replying to

and

Clearly not just joking

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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

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Replying to

and

Need you to save anchor bro. I need that 20% :)