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The Fellas Debate the Financialization of JPEGs | Bell Curve

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The Curve's View on Maker Liquidation

The liquidation mechanism is cool. You are basically warehousing the risk of that liquidation within the curve stablecoin itself, but like it certainly would help. Uh, and it's certainly something that maker doesn't have in the worst case scenario where instead they just start printing maker, which is like really like a bad idea. The lighting liquidating AMM that they have continuously liquidates and all of this. It did work perfectly. Frankly, there was on another black Tuesday or whatever that incident was. But it's just like, how is the system going to deal with this in a time where there is very little trad file liquidity? Very little, you know, retail liquidity,

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