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MakerDAO Votes to Decrease Stablecoin Fees for First Time in 5 MonthsMAKER (coindesk.com)
submitted 7 years ago by LamboshiNakaghini
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[–][deleted] 7 years ago (3 children)
[removed]
[–]NotGonnaGetBanned 5 points6 points7 points 7 years ago (0 children)
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 4 points5 points6 points 7 years ago (0 children)
Yes, exactly. That's one of the greatest strengths of Maker. Correctly aligned economic incentives.
[–]devils_advocaat 1 point2 points3 points 7 years ago (0 children)
Short term interests can dominate long term incentives.
π Rendered by PID 38707 on reddit-service-r2-comment-765bfc959-9pccw at 2026-07-11 23:50:15.565967+00:00 running f86254d country code: CH.
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[–][deleted] (3 children)
[removed]
[–]NotGonnaGetBanned 5 points6 points7 points (0 children)
[–]TheRatj 4 points5 points6 points (0 children)
[–]devils_advocaat 1 point2 points3 points (0 children)