Been listening to the call today, and wanted to understand the circuit breakers being talk about. Difficult to sometimes get clarity from just a call so asking here for further clarity.
Am I understanding it correctly that the circuit breakers talked about will be on the auctions for buying MKRs with DAIs?
And these are likely needed because we have a lot of these auctions coming up as a lot of collateral was liquidated at more or less the same point in time?
And it’s unlikely that all the keepers combined have enough DAI liquidity to manage to bid on all of these auctions in parallel?