Last time we raised the PSM’s DC to 500 MM, now that we are nearly at the 500M limit and the peg is back, it is time to turn the stable coins DC to 0.
Turning the stable coins Debt Ceiling to zero
Please vote for all options you would support in an onchain poll
- Only Usdc
- Just at the debt limit of all stablecoins
The Poll will run until February 18th; 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.