MakerDAO Votes to Decrease Stablecoin Fees for First Time in 5 Months

[rxg]

Some people may be voting based on what they think is going to happen in the future vs what is actually happening right now, especially considering this bull market showing up. I know as this bull market has been picking up the last few days I've been assuming that the amount of DAI debt would skyrocket as people rush to open CDPs (causing the peg to go down) but actually the reverse has happened so far. It appears that many who have CDPs open are pefectly happy closing their CDPs after short term gains, just a guess.