Governance, Ripple Effects, Farmers & Funds
A detailed posted on the craziness in DeFi and making sense of the complicated incentives of multiple parties at the moment
A few days ago I came across a spot on thread by Cyrus on the Maker forum about the ripple effects Compound would have on DAI. Checkout the full post over here: https://forum.makerdao.com/t/upcoming-comp-farming-change-could-impact-the-dai-peg/2965.
Here’s the core quote from the piece which is worth examining.
Natural Dai holders currently hold roughly …