I know I seem a bit harsh here but I feel like compound mis-action or inappropriate action is causing us here to also be reactionary and pretty much to ignore risk (your area - so my post above really is meant to assist you and all of governance here in assessing risk against action). If I had in my head a great way to narrow the parameters to post a kind of gaming analysis on the different possibilities I am suggesting.
Two in particular (tighten a bit now in advance to drive the market in direction it will go anyway to see if we can with SF, and high DAI PEG drive off the DAI comp farmers). Or just give with the liquidity at low fees and take on a huge amount of risk we won’t get crap for compensation for.
I wish I had it for us. What I really want to do and I hope they are reading this thread is to shake compound governance harshly and wake them up. This is a serious problem that requires a hard and fast move. Their decentralization should not put the rest of the ecosystem into a higher risk situation and governance needs to know this. Cut the COMP now - 0 it and revisit how to approach this. If they won’t please exclude DAI from comp so Maker only has to deal with this indirectly. Maker IS the only DeFI space project that has it’s own stablecoin we really need the community to realize how important it is to not kill us here or make us do things that together really increase risk in the entire crypto space.
@cyrus I appreciate the praise and I highly respect your opinion. I also wanted to say thank you for creating this thread it was timely and needed.