- More DAI which will help bring the peg down.
- WBTC is a custodial implementation of BTC on Ethereum and so comes with extra risk. If the multi-sig that secures the BTC that backs WBTC was compromised or a bug was found, WBTC could face dire consequences in value. Further increasing the DC for WBTC increases our exposure to these unlikely but very possible risks.
Should we increase the WBTC Debt Ceiling
If Yes, how much should we increase it by?
- 10 Million (90M DC)
- 20 Million (100M DC)
- 30 Million (110M DC)
- 40 Million (120M DC)
Polling will run from 2020-08-18T04:00:00Z → 2020-08-26T01:30:00Z