I voted yes for the parameters but would like to treat it more as an “experiment” than a firm endorsement. I worry that since USDC has such higher liquidity than these other stablecoins, people will continue to only use USDC and just push up the Dai peg. If this is happening I’d like to see the tin rate lowered back down.
Regarding debt ceilings, I feel a bit in the dark. Is it possible to see the analysis of the recommendations and what the MOMC would prefer? I have no idea what the process is to redeem 1B BUSD if it ever came to that.