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bitcoinbutter
on March 14, 2020
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MakerDAO gets stress tested as ETH price plummets
Well the solution is to have some sort of emergency fund which activates in black swan events to rebalance the portfolio. It's just something to factor in. Adds some costs to operations but only fractions of a percent.
vinniejames
on March 14, 2020
[–]
There is an emergency fund, the governance allows the Maker token to be printed and sold to cover losses, diluting existing token holders
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