not sure if it is a right category to put this question but:
Are You aware of voting on compound to add MKR as valid collateral of a system?
Is it something we should be worried about?
Is there anything we can do ?
What are your thoughts about it?
I view it as very dangerous and here is my reasoning behind it:
It will allow to short MKR for another collateral and by that manipulate it’s price and by that may lower a total cost of attack on the MakerDAO system
It will allow to vote for someone who did not own MKR just borow some.
Someone lock in compound lot’s of USD Coin, Borrow lots of MKR, sell half, causes panick on market, to add on that votes in some irresponsible way to cause eeven more panick. Buys MKR back at lower price (at the bottom of panic) and profit