RE: #3 Using treasury funds to counter trade the depegging forces. Thanks for your thoughtful and well written constructive criticism. I think it would be worth putting together a proposal that temp tests this idea. I certainly would support it - seems like a much smarter option than putting more pressure on CDP holders as the solution for the depeg.
This proposal will work imo. If anything, it’s been too long to come to this conclusion. iUSD as a stable coin (or whatever anyone wants to call it) has become irrelevant. It’s credibility must be returned.
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