Do repost and rate:
Maker DAO is not as decentralized as previously thought. A single large-scale entity either used his accumulated MKR coins, or collected coins from other holders, to vote down the interest rate.
The vote was to decide on an interest rate of either 13.5% or 5.5%. At the last moment, a “whale” moved in with enough voting power to choose the latter option.
https://twitter.com/onggunhao/status/1188824097918029825
MKR, with a price of $518.82, is a coin that is rather difficult to access. Thus, vot...
