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RE: A Look at MakerDAO | The Protocol Behind the DAI Stablecoin | Data On TVL, DAI Supply, Top Coins, Users | March 2024

in LeoFinance2 months ago

I loved MakeDAO since they started and was an active user since early on, but on 2020 they liquidated my whole positions and millions of USD of other users at $0 because of an "oracle failure" during a price swing. They made a vote to pay us back, but declined it. I lost enough to buy a house https://insights.glassnode.com/what-really-happened-to-makerdao/