Very good analysis. But you forgot to mention one small detail.
When the hack happens all the math is worthless.
Pufff, and it's all gone.
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Very good analysis. But you forgot to mention one small detail.
When the hack happens all the math is worthless.
Pufff, and it's all gone.
Posted Using LeoFinance Beta
Seriously though there are two different attack vectors:
Technically if collateralizing DAI fails the system could get wrecked without even being hacked.
Just need a lovely black-swan event to rear its ugly head.
DETAILS!
That's why I keep you around...
I wouldn't want to steal your thunder!
LOL that's hurt but so true
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