DAI Liquidation - Compensation

I would like to add to this discussion, that it is quite possible to say definitively that DAI was not globally trading at 20-30% premiums globally (see attached chart) at this time of the liquidations under discussion.

I cannot speak to whether it was manipulation, or simply a sell-side liquidity crisis on a CEX with very thin books, but the chart speaks for itself.

Whether or not the community decides in favor of compensation, I believe the oracle solution must be changed. Yes, CBPRO:DAI-USD was at ~1.30 momentarily, but this was not the price of DAI globally and should not have been treated as such in any price feed.

I was not liquidated, but I know people who were; they should not have been, in my view. I am a long-time Compound user and huge fan of the protocol and community, but if the orcale solution is not changed in a timely manner, I personally will seriously consider moving the majority of my funds to Maker or Aave until it is.

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