Pax vault has been used to avoid the PSM, the vault passed from 12M to 20M, while I think it is a good stable coin we can’t just take the risk to hold Pax for 0% return.
Also overall we are stabilising Pax more than it stabilises dai.
- DC to 0
- DC to 50M
- No change
The Poll will run until April 22th; its outcome will either result in a on-chain-poll assuming the outcome of the poll deems it necessary or its intermediate results are going to be taken to another initiative - another signal (lead by the risk team), onchain-poll or urgency executive.