MakerDAO Governance & Risk Call March 14: Stability Fee hike post-mortem MakerDAO Governance & Risk Call March 14: Stability Fee hike post-mortem theblockcrypto

This week’s MakerDAO Governance & Risk call came with a greater sense of urgency than previous congregations.

Over the past few weeks Dai, the Ethereum-based, overcollateralized stablecoin, has consistently traded below its intended $1 peg, leading MakerDAO stakeholders to raise the Stability Fee by 2% APR to 3.5% APR, the largest single fee hike in ...