MakerDAO Governance & Risk Call: Alarms ringing as stability remains out of sight

45 members tuned in to today's MakerDAO's Governance & Risk call, a weekly, live, open forum for focused discussion around governance proceedings, the imbalance between Dai supply and demand, and possible countermeasures. 

A rather poetic moment of pathetic fallacy, MakerDAO Foundation President Steven Becker’s traditionally temperate introduction was interrupted by the alarm of a fire drill. Following reports this morning of infighting between Maker Foundation members and the continued inability for Dai to trade up to its target peg, the alarm bells might accurately reflect the emergency-like state of the MakerDAO ecosystem. Hopefully they can simultaneously serve as a clarion call, rallying and uniting stakeholders around the sensible, united stewardship of a censorship resistant, global proto-dollar and the credit protocol that underpins it.