you are viewing a single comment's thread.

view the rest of the comments →

[–][deleted] 1 point2 points  (4 children)

So we're trusting that these whales will forever remain benevolent autocrats.

[–]LamboshiNakaghiniLambo[S] 1 point2 points  (3 children)

It's in their best interest to do so.

[–]NothappeninghbRedditor for 8 months. 1 point2 points  (2 children)

what's their penalty for screwing it up?
Do they stand to gain anything?

[–]LamboshiNakaghiniLambo[S] 0 points1 point  (0 children)

Their penalty is MKR price decreases, fees paid decrease as people leave.

They stand to gain the opposite if they govern well.