MakerDAO Weighs Using Emergency Switch to Prevent Future DAI Depegging

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MakerDAO Weighs Using Emergency Switch to Prevent Future DAI Depegging

Under the proposal, the community would adopt an emergency switch that would pause peg-stability-module (PSM) swaps on its protocol, freezing the token purchases required to mint new DAI tokens, Sam MacPherson, a protocol engineer at MakerDAO, told CoinDesk. www.coindesk.com

Under the proposal, the community would adopt an emergency switch that would pause peg-stability-module (PSM) swaps on its protocol, freezing the token purchases required to mint new DAI tokens, Sam MacPherson, a protocol engineer at MakerDAO, told CoinDesk.

www.coindesk.com