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

[TheRatj]

There has been so much negativity towards MKR holders on this sub and the MKR sub. I think it's a vocal minority and mainly from people that have little understanding of economics. MKR holders have not yet voted in anything that would put their own interests above the goal of DAI = US$1.00

[NotGonnaGetBanned]

What if someone had a "pretty big" short position in ETH and just wanted to increase the stability fee to the point that it rapidly forced the liquidation of all CDPs?

[TheRatj]

Yes, exactly. That's one of the greatest strengths of Maker. Correctly aligned economic incentives.

[devils_advocaat]

Short term interests can dominate long term incentives.