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

by Matteo Leibowitz

March 15, 2019, 3:19PM EDT  ·  10 min read

Quick Take

  • This week’s MakerDAO Governance & Risk Call comes after a 2% APR stability fee hike
  • Although a successful show of coordination, just 37 addresses out of 9,668 participated in the governance process
  • Dai price has moved up from local lows, but a lack of significant volume means it remains difficult to evaluate the effectiveness of the interest rate increase
  • While there seems to be broad support for another stability fee hike, I believe it is too early to discern the impact of the latest increase

by Matteo Leibowitz

March 15, 2019, 3:19PM EDT  ·  10 min read

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The following is the first edition of a weekly series summarizing and analyzing the MakerDAO Governance & Risk calls.